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Economic developments in the Midlands

krazeeboi

By krazeeboi
in Columbia

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CorgiMatt
CorgiMatt

An Indian firm will locate in Columbia, hiring 300 initially and up to 750 total. It will be their first U.S. location. http://www.thestate....ging-up-to.html

Spartan
Spartan

Not bad. I think there will need to be substantially more residential development south of I-77 before something like this could happen though.

colasc
colasc

I'm excited about Columbia hosting a round or two of the ladies' NCAA basketball tourney! I have no idea what sort of economic impact this will be, but hosting games in March is new for us, and I'm su

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krazeeboi Gigalopolis

krazeeboi

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Richland County is in negotiations with an unnamed manufacturer that would bring $970 million in investment and more than 1,800 new jobs to the Columbia area.

The deal, if inked, would mark the largest investment in the county’s history and one of the largest economic development projects in South Carolina in 2022.

Richland County Council voted Nov. 15 to begin negotiating tax incentives with the company, known for now as “Project Golden Eagle,” after talking about the deal during a closed session.

The city of Columbia also discussed the project in a closed-door committee meeting a week earlier. The type of manufacturer and location of the development is not publicly known.

What incentives are being offered are not yet publicly known and County Council members declined comment about the identity of the company.

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krazeeboi Gigalopolis

krazeeboi

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The Ritedose Corp., a locally owned and operated pharmaceutical manufacturer, is investing $81 million to expand its facilities in northeast Columbia, a move expected to create 94 jobs.

Orion Performance Compounds, Inc., a manufacturer of highly engineered thermoplastic compounds, will invest $13 million to establish operations in Kershaw County, creating up to 54 new jobs.

A new $50 million investment from Borealis, a Canadian food technology company, will enable Saluda-based Palmetto Gourmet Foods to expand operations and increase its workforce to 650 employees over the next year.

Chick Fil-A Supply, a wholly owned subsidiary of Chick-Fil-A, will invest $80 million to establish a new distribution center in Lexington County. The new facility will be located in the Saxe Gotha Industrial Park and create 165 new jobs.

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GvilleSC Megalopolis

GvilleSC

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2 hours ago, victory said:

https://www.wistv.com/2023/09/18/scout-motors-host-presentation-planned-sc-manufacturing-site/  More on Scout Motors' plans. They will have 4,000 employees, excluding vendors or others who contract. How many employees does BMW in Greer have? Just curious. Seems the two projects may be similar in scope and size.

BMW employs 11,000 at their plant in Greer.

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victory Hamlet

victory

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This is where we may have shot ourselves in the foot by not expanding the convention center and adding more hotels near the arena. I know there are one or two on the way, but I'd hate to miss out on the economic boon of having them in Cola this month, due to not having enough hotels. Fingers  crossed.  https://www.thestate.com/news/local/article286739585.html

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