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Economic Development in South Carolina


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This was discussed in the Columbia subforum, but I haven't see anything in this thread about it. Innovista, USC's research campus, has landed its first private tenant. Duck Creek Technologies will be expanding into Columbia to include a new research, product development and service office facility in the area. The company expects to create a minimum of 200 new high paying jobs with an average salary of $85,000 and plans to occupy the fifth floor of the Horizon II building upon its completion a year from now.

USC president Andrew Sorensen and Larry Wilson, USC graduate and chairman of the board for Duck Creek Properties, said that the addition of Duck Creek Technologies to Columbia further positions the area to become the new headquarters for insurance technology firms. With other insurance software companies already located in Columbia, including CSC and Fiserv - two companies that are divisions of Fortune 500 companies - the addition of Duck Creek Technologies helps Columbia build on its strong insurance market and existing capabilities.

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The director of the Columbia-USC business incubator center downtown said on Channel 2 at the March 7th city council meeting that the S.C. Chamber of Commerce is going to use the incubator center as a model for the rest of the state. It has graduated 17 companies that have created a total of over 400 jobs with an average salary of over $60,000. Most of those are in the city. The incubator now has 20 companies in it, two of them international companies, and those 20 companies have an average salary of over $50,000.

Edited by CorgiMatt
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Spartanburg could be on the verge of another major job announcement. Adidas could be adding a new distribution center near its current location off of I-26 and Blackstock Road. The announcement includes the possibility of 1,200 new jobs for the company. Very good news, since Tyco Electronics announced last week that it will be closing and relocating to Greensboro, taking 400 jobs from the Spartanburg economy.

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Spartanburg could be on the verge of another major job announcement. Adidas could be adding a new distribution center near its current location off of I-26 and Blackstock Road. The announcement includes the possibility of 1,200 new jobs for the company. Very good news, since Tyco Electronics announced last week that it will be closing and relocating to Greensboro, taking 400 jobs from the Spartanburg economy.

That sounds great! Good luck, Spartanburg!

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Spartanburg could be on the verge of another major job announcement. Adidas could be adding a new distribution center near its current location off of I-26 and Blackstock Road. The announcement includes the possibility of 1,200 new jobs for the company. Very good news, since Tyco Electronics announced last week that it will be closing and relocating to Greensboro, taking 400 jobs from the Spartanburg economy.

Excellent news!! :thumbsup::thumbsup:

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Spartanburg could be on the verge of another major job announcement. Adidas could be adding a new distribution center near its current location off of I-26 and Blackstock Road. The announcement includes the possibility of 1,200 new jobs for the company. Very good news, since Tyco Electronics announced last week that it will be closing and relocating to Greensboro, taking 400 jobs from the Spartanburg economy.

Wow! That's wonderful news! Ididn't realize that Adidas was still growing like that. The 1,200 new jobs will definitely improve the unemployment rate. I hope the jobs will be well paying it this becomes a reality.

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Thats actually my one issue with this, and even the EchoStar center. Between these two companies, thats 2700 jobs. Great news in many ways. The positive side is that these jobs typically pay more than the textile manufacturing jobs that used to employ these people, so they are better off for it. Plus it contributes to the local economy a lot more than these people having no jobs at all. But ultimately they are not high paying jobs, except for the management positions. I wouldn't expect this to be a BMW-like situation.

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Fluor will be establishing Greenville as the headquarters for one of it's new divisions of business (this in addition to it's 2,000 person current campus). The new division will focus on engineering / development of nuclear power plants. No word yet on how many additional jobs. Any jobs added should be white collar, high paying, engineering jobs. :thumbsup::thumbsup:

Article from GV News:

http://greenvilleonline.com/apps/pbcs.dll/.../703220364/1003

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A nice article in The State on Greenville's CU-ICAR. This place is turning into the global powerhouse originally envisioned by its developers. Clemson hired Director Bob Geolas, formerly the director at N.C. State University's Centennial Campus. According to Geolas, Clemson is moving at a much faster pace than the campus in NC. He added,
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A nice article in The State on Greenville's CU-ICAR. This place is turning into the global powerhouse originally envisioned by its developers. Clemson hired Director Bob Geolas, formerly the director at N.C. State University's Centennial Campus. According to Geolas, Clemson is moving at a much faster pace than the campus in NC. He added, :shades:

Clemson picked the right city for CU-ICAR. Much like your avatar says Skyliner of Greenville's "Can Do" attitude. Clemson has that same attitude toward everything from its existance to its top 20 destination. President Barker says it best, but my favorite part of his narration is the beginning when he says something along the lines of: When the discussion of a higher education institution in Clemson came about, people said "no one will want to go to school in the middle of nowhere." But Clemson did it anyway and people did come. Now, Clemson receives more applications yearly than it has students enrolled.

I think Clemson's "can do" attitude combined with Greenville's will continue to 'drive' CU-ICAR into the future and to more success. :thumbsup:

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Clemson picked the right city for CU-ICAR. Much like your avatar says Skyliner of Greenville's "Can Do" attitude. Clemson has that same attitude toward everything from its existance to its top 20 destination. President Barker says it best, but my favorite part of his narration is the beginning when he says something along the lines of: When the discussion of a higher education institution in Clemson came about, people said "no one will want to go to school in the middle of nowhere." But Clemson did it anyway and people did come. Now, Clemson receives more applications yearly than it has students enrolled.

I think Clemson's "can do" attitude combined with Greenville's will continue to 'drive' CU-ICAR into the future and to more success. :thumbsup:

I can't wait to see what will become of the campus they are planning to build in North Charleston.. Clemson is really progressing at a healthy clip and I'm glad that I get to be a part of it.

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ICAR is definitely getting its share of positive exposure. The amount of development that has already occurred since the campus was announced has definitely been impressive.

I like the aims of the N. Charleston campus (I think it will be the first of its kind in the nation), but I'm not too fond of the fact that it's tied to McConnell's Hunley shenanigans.

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ICAR is definitely getting its share of positive exposure. The amount of development that has already occurred since the campus was announced has definitely been impressive.

I like the aims of the N. Charleston campus (I think it will be the first of its kind in the nation), but I'm not too fond of the fact that it's tied to McConnell's Hunley shenanigans.

I think that was necessary to get it approved.

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ICAR helps attract business, Commerce officials say

It's an article on how ICAR is affecting the entire state of South Carolina in recruiting businesses. It's definitely worth reading. Here's a little blurb from the article:

ICAR's focus on engineering and critical issues in that field has caught the attention of companies inside and outside of the automotive industry, Ellenburg said during the panel discussion and a later interview.

For example, he said, ICAR figured in the state's recruiting of the Vought Aircraft Industries/Alenia North America aircraft fuselage manufacturing complex in North Charleston.

The aviation companies, which make parts for Boeing Co.'s latest commercial airliner, liked ICAR's focus on systems integration and computational fluid dynamics, as well as the advanced materials research that Clemson conducts in Anderson County, Ellenburg said.

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I really like the synergy that is emerging between the state's three largest metro areas. As it concerns the emerging hydrogen cluster in SC, one thing that new researchers and leaders who set up shop here say they are impressed with is the level of cooperation within the state. I just want to see the Pee Dee get in on the act, although I'm not sure how, since they lack a major research university.

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