Aug. 8, 2014 UBJ

AUGUST 8, 2014

THE BOEING BOUNCE With the Dreamliner 787-10 set for assembly in S.C., state officials and aerospace leaders are wondering what the economic impact will be for the Upstate

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UBJ ECONOMY

SC Leading Index drops in June JOE TOPPE | STAFF

jtoppe@communityjournals.com The South Carolina Department of Commerce is reporting the state’s leading economic index lost 0.11 points, recorded a 4.5 percent increase in residential real-estate activity, and issued 59 fewer residential building permits during June.

While the decrease in residential building permits contributed to the weakened South Carolina Leading Index (SCLI), the Palmetto State ended June with a value of 101.38.

An SCLI value above 100 suggests economic conditions will improve for the state over the next three to six months, according to the report.

Clemson economist Bruce Yandle agrees, saying South Carolina’s leading index is pointing north, “calling for continued improvement in the state economy.”

The news came on the same day last week that the U.S. Department of Commerce conducted a first estimate for second-quarter GDP growth, he said. The pace of the national economy picked up 4.0 percent, which means “we should see continued improvement in housing starts and employment.”

The median home sales price of

$173,777 during June is a state high, and is more than 5.0 percent higher than a year ago. Comparing sales volume and home prices in the second quarter of 2014 to the second quarter of 2013, the strongest improvements have been in the Charleston and Spartanburg markets. Both Columbia and Myrtle Beach have seen gains of approximately 5.0 percent in median sales prices, but declines of about 4.0 percent in sales volumes.

South Carolina issued 2,129 residential building permits throughout June, down 2.7 percent from the previous month.

However, comparing the second quarter of 2014 to the same time in 2013, statewide housing permits are up nearly 7.0 percent, with both Greenville and Myrtle Beach experiencing the largest increases in building activity.

Greenville reported 1,004 home sales during June, an improvement of 48 sales from the same month one year ago, while Spartanburg registered 357 home sales last month, an improvement of 29 home sales from June of 2013.

The full report is available online at sccommerce.com/data-resources.

South Carolina Leading Index

102

101.5 101 100.5 100

“Purveyors of Classic American Style”

99.5 99 98.5

Source: South Carolina Department of Commerce

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864.232.2761 | rushwilson.com 23 West North St. | Downtown Greenville August 8, 2014

UPSTATE BUSINESS JOURNAL

3

Volume 3, Issue 32

August 8, 2014

Top-of-mind and in the mix this week

WORTH REPEATING “It will be elevated food, but for a working-class demographic.”

Page 12

“I relied on a strategy that my father taught me: ‘Under-promise and over-deliver.’”

“Failure to act now will only allow our roads to get worse, creating more potholes, more traffic and more congestion.”

Page 13

Photo by Greg Beckner/Staff

Page 11

MONEY SHOT: Gregg Babetz, general manager of Maserati Lotus of Greenville (inside the car) and Dr. Jack Frasher, president of Maserati Lotus of Greenville, check out the new Maserati Ghiblis delivered just moments earlier to the Greenville dealership. The new Maseratis are the first in Greenville.

TBA The Pleasantburg Drive dance bar Rhythm and Bluezz Old School is seeking the city’s permission to take over 500 square feet of space next door to create a customer lounge for clients waiting to enter the dance bar. The request for a special exemption permit goes before the Board of Zoning Appeals Aug. 21…

Look for Magnolia Scents, a candle, bath and body products store, to open on Main Street across from the Hyatt hotel in mid-September. The store will feature retail products, candle-making classes and an onsite factory where visitors can watch products being made…

Kia of Greenville will once again be located on Laurens Road. Look for the new dealership showroom to open late December 2014 or early January 2015…

Word is the Corona Mexican restaurant is reopening in the former Gourmet Pizza location on Augusta Street…

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UPSTATE BUSINESS JOURNAL

August 8, 2014

VERBATIM

On a great getaway...

“Greenville’s beautiful.

It’s right in the Blue Ridge Mountains. It is fantastic for foodies, for artists, for people who love biking.”

NBC’s “Today” show, naming Greenville last week as one of its “last-minute idea for great summer getaways.”

UBJ ENGINEERING

Edison program seeks GE’s next geniuses JOE TOPPE | STAFF

jtoppe@communityjournals.com For more than 35 years, some

future,” she said.

Lavigne said the program has more than 1,000 “Edisons” across the globe,

of Greenville’s youngest engineers have utilized a global program at GE Program Details: as a pathway to a possible position EEDP is a two- to three-year entry-level in management or principal and program consisting of four or more chief engineering. rotational assignments.

The Edison Engineering and Development Program (EEDP) is a developRotational assignments are engineering ment and leadership platform intendprojects driven by real GE business ed to create a pipeline of young priorities. engineers into GE, said Nadine Lavigne, The program cultivates technical manager of the program. problem-solving skills via advanced Launched in the 1970s, the program engineering coursework, formal reports and is designed to accelerate participants’ presentations to senior leadership, in professional development through addition to work experience. intense technical training and a variety of business-critical assignments, Participants have the opportunity to earn Lavigne said. Edison graduates have credit towards an M.S. degree in the technical and business foundation engineering or other real-world application Stay in know with free weekly email. to “proactively andthe continually make UBJ’s technologies. innovative contributions to GE’s

THE INBOX

with approximately 40 of the program’s participants at GE’s Greenville facility.

The participants rotate to new jobs every six months at five other U.S. locations, so the number of participants in Greenville ranges from 20-50, she said. Along with the many Edison Engineering alums already in Greenville, “it makes for an amazing ‘Edison community.’”

While focusing on gas and wind turbines, the Greenville facility works on manufacturing and engineering of power-generating products, but there are also teams working on steam turbines, aeroderivitives, and the entire power plant, Lavigne said.

Edison engineers can rotate to any of these Greenville jobs or positions with the power generation services team in Atlanta; the steam and generator teams in Schenectady, N.Y.; the nuclear facility in Wilmington, N.C.; or the distributed power team in

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Houston and Waukesha, Wis., she said.

All of these experiences are paired with technical education and the chance to earn a master’s degree.

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UPSTATE BUSINESS JOURNAL

5

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ACA survey: Businesses fear even more costs APRIL MORRIS | STAFF

amorris@communityjournals.com Businesses of all sizes are anticipating the additional costs and changes of the Affordable Care Act’s (ACA) twice-delayed employer mandate when it finally goes into effect – in 2015 for businesses with more than 100 workers and 2016 for those with 50 to 100 employees.

Cherry Bekaert Benefits Consulting (CBBC) recently released results of a May 2014 online survey of more than 200 businesses in the Southeast that sought to learn how ACA implementation would affect hiring practices, costs of employee health coverage and the bottom line.

While the survey was anonymous, Cherry Bekaert said industries represented include a physician practice, software developer, equipment dis-

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Employers believe the ACA will have a negative impact on business: of respondents indicated that the ACA will negatively impact profits.

73% 54% 44%

of respondents indicated that wages will suffer. of respondents indicated that higher medical plan costs will cause them to be less competitive.

Source: Cherry Bekaert Benefits Consulting 2014 Affordable Care Act Impact Survey

tributor, chemical manufacturer and coatings technologies company.

Roughly 25 percent of respondents said they were hiring more part-time workers in response to the employer mandate – a number Cherry Bekaert found surprising, said CBBC partner Kevin Quinn.

Current law defines a full-time employee as one who works at least 30 hours per week, while many businesses considered 40 hours per week as full time. In April, the U.S. House passed H.R. 2575, a bill that would define a full-time workweek as 40 hours. The Senate, however, has not taken up the bill.

Quinn said 25 percent of businesses surveyed said they were considering eliminating employer-sponsored health care coverage altogether, another response he considered notable. Under the ACA’s employer mandate, employers who do not offer coverage must pay a fine based on the number of workers the company employs. At this point, employers with fewer than 50 employees could eliminate health benefit plans because some of their employees could potentially qualify for subsidies. For employers with more than 100 employees, however, the decision required more deliberation because benefits are tax deductions, but the ACA fines are not, said Quinn.

Health plan designs are changing, Quinn said. Employers have to strike a balance when setting the level of

Employers say the ACA is driving costs higher.

83%

of respondents believe that the ACA will continue to put upward pressure on medical plan costs.

79%

of respondents indicated that premiums and related costs increased at the most recent medical plan renewal.

46%

of respondents indicated they increased employee contributions and 49.1% made plan changes to decrease benefits and costs.

Source: Cherry Bekaert Benefits Consulting 2014 Affordable Care Act Impact Survey

employee contributions because some employees are having to pay a higher cost when they seek care, which results in a “double-whammy.”

Approximately 83 percent of business owners also believe the ACA implementation will put “upward pressure on medical plan costs,” according to the survey. Roughly 73 percent say the legislation will negatively impact profits.

About one quarter, 25.7 percent, of businesses surveyed said they are reducing other benefits, like dental, vision and life, to counteract rising medical plan costs.

Quinn said Cherry Bekaert plans to conduct the survey annually to track attitudes along with the implementation of the ever-changing law.

The 21st-century cockpit

Serving the Upstate for 60 years

Modern aviation technology lets the plane take over 70 percent of the flying from the pilot JOE TOPPE | STAFF

jtoppe@communityjournals.com

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The technology inside the cockpit

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of an airplane has spearheaded improvements in the aviation industry

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UPSTATE BUSINESS JOURNAL

August 8, 2014

and placed a large portion of the flying duties on the aircraft.

While the fuselage, nose, tail and wings have changed very little over the years, the most significant change in aircraft has been inside the cockpit,

said Jim Williams, vice president of Stevens Aviation.

The cockpit of today is all glass, digital and high-definition, he said.

“The technology inside a modern airplane is more advanced than the >>

UBJ AVIATION >> analog equipment used in the space shuttle.”

Avionics technology is progressing at a rapid rate, Williams said. A new cockpit installed today would be obsolete in two years, he said. Although the technology is not as fast as computers, it has changed more in the last 10 years than it ever has.

As the technology has evolved, its greatest impact could be in an airplane’s navigation capabilities, Williams said. Navigation improvements, along with the proper GPS systems, would enable near 100 percent accuracy in identifying the plane’s location, he said.

The airplanes will be able to broadcast location, altitude to air speed, direction, and intended flight plan, he said. The flight specifications have become a mandate of the Federal Aviation Administration (FAA) by 2020.

At one time, 90 percent of the flying

responsibilities fell on the pilot, using information imparted by the needle (the turn coordinator), ball (which

tells the pilot if the wings are level) and air speed (how fast the plane is moving), Williams said.

The contemporary airplane provides a level of avionics technology that lets the plane itself take over 70 percent of the flying duties, he said.

Despite the evolving technology making flight safer, more reliable and efficient, the pilot remains the most vital piece of any aircraft, Williams said.

The two most critical times of any flight are takeoff and landing, and the pilot is in total control of a plane during that time, he said. “When something goes wrong such as an engine failure or bird strike, you will need someone who can think outside the box.”

While the aviation industry is expanding throughout the Upstate, Stevens Aviation’s role as a local distributor of avionics technology extends nearly 1,000 miles from its location in Greenville’s South Caro-

lina Technology and Aviation Center (SCTAC).

Stevens Aviation has five U.S. locations within an 800-mile radius, Williams said.

Airplanes inside that radius will fly into SCTAC for avionics, maintenance, overhauls and repairs, he said.

Stevens Aviation is a distributor for Honeywell, Rockwell Collins and Universal Avionics.

Although Stevens Aviation delivers services beyond the Upstate, the company also provides products and maintenance to many regional businesses.

“We service Michelin’s airplanes, Milliken’s airplanes, and airplanes from Special Services Corporation,” Williams said.

video See how the cockpit has evolved at www.upstatebusinessjournal.com

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UBJ HOSPITALITY

Happy campers SC National Park tourism creates $79.7M economic benefit SHERRY JACKSON | STAFF

sjackson@communityjournals.com A new report from the National Park Service (NPS) shows that even though visitor spending was down 3.2 percent in 2013 compared to 2012, South Carolina still hosted 1,516,153 visitors last year who spent $79.7 million and supported 1,136 jobs in the state. “The 16-day government shutdown of October 1-16, 2013, had significant effects on NPS visitation levels for the month and the resulting spending effects in gateway communities across the country,� said a statement posted on the NPS website.

The peer-reviewed visitor spending

analysis was conducted by U.S. Geological Survey economists Catherine Cullinane Thomas and Christopher Huber and Lynne Koontz for the National Park Service. “The national parks of South

by the numbers

1,516,153

Visitors to SC national parks last year

$79.7 million spent 1,136 jobs supported $10 return for every $1 invested in National Park Service

Carolina attract visitors from across the country and around the world,� said NPS Southeast Regional Director Stan Austin. “Whether they are out for an afternoon, a school field trip, or a monthlong family vacation, visitors come to have a great experience, and end up spending a little money along the way. “This new report shows that national park tourism is a significant driver in the national economy – returning $10 for every $1 invested in the National Park Service – and a big factor in our state’s economy as well, a result we can all support.�

National parks in South Carolina are Congaree National Park, Fort Sumter National Historic Site,

visitor spending

30.3% - Lodging 27.3% - Food & Beverages 12.1% - Gas & Oil 10.3% - Admissions & Fees 10% - Souvenirs & Other Expenses

Charles Pinckney National Historic Site, Cowpens National Battlefield, Overmountain Victory National Historic Trail, Kings Mountain National Military Park and Ninety Six National Historic Site.

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UBJ DISTRIBUTION

SHERRY JACKSON | STAFF

sjackson@communityjournals.com Bosch Security Systems, a global supplier of security, safety and communications products, solutions and services, plans to open a new 150,000-square foot distribution center in Greer in Spartanburg County.

The new facility at 140 Caliber Ridge Road in Greer will distribute products to customers in North and South America and support light assembly for customer-specific projects.

“We are pleased to open the first facility for Bosch Security Systems in

South Carolina,” said Christopher Gerace, regional president of Bosch Security Systems. “With this investment, we will benefit from synergies with multiple Bosch facilities and transportation lanes in the state. We will meet the growing demands of our customers in North and South America with greater flexibility and efficiency, due in part to a constructive partnership with the state of South Carolina, S.C. Commerce, Spartanburg County and the S.C. Ports Authority.”

Bosch Security Systems’ product portfolio includes video surveillance, intrusion detection, fire detection, access control and management

systems, in addition to professional audio and conference systems. The company expects to create more than 50 new jobs over the next five years.

“It is my great pleasure to welcome Bosch to the City of Greer,” said Greer Mayor Rick Danner. “With Bosch’s announcement, Greer has truly been given a coveted opportunity to further grow and diversify our city. As one of South Carolina’s fastest-growing cities, Greer is extremely grateful to Bosch for their commitment, and we look forward to the opportunity to provide a return on their investment.”

The company employs more than 12,000 associates worldwide and is one of 360 subsidiaries and regional

August 8, 2014

Photo from us.boschsecurity.com

Bosch plans 150,000 SF center in Spartanburg County

companies of the B o s c h Group, a global supplier of technology and services that employs more than 4,000 associates among four facilities throughout South Carolina. The company will begin hiring for the new positions in fall 2014, and operations are expected to begin in December 2014.

UPSTATE BUSINESS JOURNAL

9

UBJ BANKING

CertusBank posts $24M net income loss in 2014 SHERRY JACKSON | STAFF

sjackson@communityjournals.com CertusBank has posted a $24 million net income loss since the beginning of 2014, $15 million of that during the second quarter of 2014, according to the latest earnings report filed with the Federal Deposit Insurance Corporation.

The earnings report for the quarter ending June 30, 2014, shows that CertusBank has reported net income losses for the past four reporting cycles with a $15.7 million loss recorded June 2013, a $75.6 million loss December 2013 and a $19.9 million loss December 2012. The

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bank showed a net income profit on the December 2011 report of $59.3 million.

In a statement, CertusBank executives said, “During the second quarter, CertusBank continued to focus on improving operational efficiency and realigning the focus to a more traditional community banking model. Changes in the structure of the company, including downsizing some administrative and support functions, exiting certain businesses such as large national wholesale lending and the continued reassessment and fine-tuning of core business operations, are expected to be largely completed by the end of the third

quarter. These actions resulted in non-recurring expenses during the second quarter including employee severance charges, asset write-offs, and legal and other professional fees totaling approximately $5.5 million.”

According to the FDIC report, CertusBank posted a total bank equity capital of $123 million for the same period.

Total deposits are at $1.35 billion, an 8 percent drop from the $1.47 billion reported December 2013.

“With the restructured organization and realigned business model, the bank is committed to serving community banking needs and doing so with a continued focus on excel-

lence and results,” the company statement said.

In June, two founders and former executives of CertusBank, Walter Davis and Milton Jones Jr., resigned their positions from the company’s board of directors, claiming their presence on the board “puts us in a position to be liable for actions in which we do not have a voice.”

In April, Jones and Davis, along with another CertusBank executive, Angela Webb, were terminated. Davis and Jones had remained on the board. The three subsequently filed suit in federal court in April implicating the board and a shareholder in a civil conspiracy to smear them.

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UPSTATE BUSINESS JOURNAL

August 8, 2014

UBJ ECONOMIC DEVELOPMENT

4 questions with J. Mark Farris New GADC leader will assume role Sept. 15 JOE TOPPE | STAFF

jtoppe@communityjournals.com On Sept. 15, the new president and CEO of the Greenville Area Development Corporation will assume his new role.

The GADC chose J. Mark Farris, currently the director of economic development for York County, after receiving more than 300 applications from across the country.

Upon the GADCs announcement last week, Farris said his overwhelming love for the Palmetto State and the strengths of Greenville County were the deciding factors in his decision to accept the job.

The GADC is a nationally respected economic development organization with a superb team, and Greenville County is a model for planned strategic growth, he said. “I look forward to contributing to the advancement of such an attractive and vibrant community.”

Prior to his arrival in Greenville County, Farris sat down with UBJ to answer a few questions.

J. Mark Farris

Next president and CEO, Greenville Area Development Corporation

Age: 52 Family:

Education: Undergraduate

Wife Erin Rose Levine Farris (worked at S.C. Development Board for nine years); 3 teenage sons.

1. Why did the GADC pick you?

Effective economic development is all about experience, and my familiarity in working with incredibly diverse companies both nationally and internationally provides me with the understanding needed to encourage companies to confidently invest in the community and to help facilitate that process. I have also had the opportunity to be actively involved in land development, as well as real estate finance and construction.

And after 27 years, I have relatively broad experience with almost every facet of economic development.

2. How did you pitch yourself?

I relied on a strategy that my father taught me: “Under-promise and over-deliver.” I also had significant help from people throughout the economic development community in South Carolina and the region with whom I had worked.

3. Why Greenville County?

Greenville County is an easy community to sell to the world. I have had the opportunity to visit many places both in the United States and abroad, and in my esti-

August 8, 2014

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and master’s degrees from Clemson University; graduate of the Economic Development Institute at the University of Oklahoma.

mation, Greenville has a sense of place that makes it unique. During my due diligence for the job, I noticed how often the area was cited in publications and articles for progressive and job-centered growth strategies. The foresight of the leadership in combination with factors including location, quality of life, cost of living and commitment to progress makes Greenville special, and I look forward to being an active part of such a great place to live and work.

4. What will Greenville County be like in 25 years?

As a group, economic developers love to study trends in the hope that we can then use the insight to be one step ahead of the competition. The development of multijurisdictional regions along interstate corridors is one such trend, and I believe it is inevitable that Atlanta and Charlotte will continue to expand their sphere of influence.

That means continued substantial growth, and certainly Greenville and Upstate South Carolina are poised to benefit. The biggest challenge will be to continue the progress while maintaining a balance and making sure that growth is sustainable so we don’t sacrifice quality of life.

UPSTATE BUSINESS JOURNAL

11

UBJ RESTAURANTS

Food truck owners give a hoot for mobile cuisine The Mechanical Owl combines legacies of Owl restaurant and Neue Southern Food Truck

SHERRY JACKSON | STAFF

sjackson@communityjournals.com In the latest emergence in the

Photo by Greg Beckner

food truck scene, the Mechanical Owl is swooping into Greenville with former Owl restaurant owner Aaron Manter and former Owl chef de cuisine Joseph McCarter.

The truck made an appearance last Saturday at Thomas Creek Brewery as a “soft opening” and will be at Quest Brewery on Friday, Aug. 8, from 5 p.m. until they “sell out of food.” They’ll also be alerting Facebook and Twitter followers soon on upcoming locations and a grand opening date.

Joseph McCarter will be the Mechanical Owl’s lead chef.

12

UPSTATE BUSINESS JOURNAL

August 8, 2014

“We didn’t have a long-term plan to become food truck owners – it came about in a very short amount of time,” said McCarter, who along with Manter purchased the truck from Neue Southern Food Truck owners and chefs Lauren Zanardelli and Graham Foster before the couple relocated to Portland earlier this year.

Manter, who is also a chef at Genevieve’s at the Peace Center, said he would be taking “more of a backseat approach to this endeavor.” He and McCarter are co-owners, but “it’s really the Joseph show,” Manter said.

The food will be “the same M.O. as we had at the Owl, with a fine-diningfor-the-working-class, come-as-youare atmosphere,” said McCarter. “It will be elevated food but for a working-class demographic.”

The menu will change periodically and be heavily focused on vegetables, but won’t be vegetarian, said McCarter. Each food service will probably include five savory items and two desserts.

“I like to draw from different cultures and ethnicities,” he said. “But we want to serve something that’s eclectic and different.”

Prices will be under $10. The owners plan on serving dinner four days a week and possibly a brunch on the weekends.

The idea for the name came from loyal Facebook followers who suggested using the name Bubo, the mechanical owl in the movie “Clash of the Titans,” but that didn’t quite work, the new owners said. Since the Owl restaurant had created such a following and reputation, Manter and McCarter wanted to keep and build upon that name recognition. Thus the Mechanical Owl was born.

Manter said downtown areas designated by the city for food trucks aren’t ideal parking locations, as “they’re not the places that people

MENU: ROAST EGGPLANT PITA—$8 Green pea hummus, Israeli salad, harissa yogurt, crispy potato TANDOORI CAULIFLOWER—$5 Cucumber raita, peanuts, sriracha, cilantro PORK BELLY HASH—$9 New potato, charred peppers, smoked onion, salsa verde MEATBALL SUB—$8 Raw tomato sauce, garlicky ricotta spread, basil, parm, toasted SRC stecca CORNMEAL FRIED OKRA—$5 Spicy remoulade, chive FRESH COOKIES—$2 BLACKBERRY LEMONADE POPSICLES ­­—$2 choose to congregate.” Instead, McCarter and Manter plan to work with partners such as The Community Tap, Quest Brewing Company, The Southern Growl and other brick-andmortar breweries and businesses.

In the future, Manter and McCarter hope to work with the city to offer food truck service downtown after 10:30 p.m. They would like to cater to the late-night bar crowd after other restaurant kitchens close.

They also are planning to offer beer pairings with their fresh-made popsicles.

UBJ INFRASTRUCTURE

Road warriors One citizens’ group is driving hard for fixes to Greenville County streets JOE TOPPE | STAFF

ACCORDING TO AAA CAROLINAS:

jtoppe@communityjournals.com The condition of Greenville County roadways has one Upstate organization driving for change.

Citizens for a Better Greenville County is building a coalition of individuals, businesses and neighborhood associations to promote better, safer roads, said Bob Knight, spokesman for the group.

The organization will speak to civic groups, neighborhoods and anyone who will listen to get the message across Greenville County, he said.

“Failure to act now will only allow our roads to get worse, creating more potholes, more traffic and more congestion.”

There are two ways to calculate the repercussions of not upgrading the roadways, Knight said.

First, individual motorists suffer from actual damage to their vehicles – which some estimates range up to $400 per year – as well as the frustration felt by traffic delays and congestion, he said. Secondly, taxpayers will have to pay more when the roads must be rebuilt rather than simply resurfaced.

“It is a classic example of pay me now, or pay me later,” Knight said.

Greenville County maintains 1,735 centerline miles of roads and is able to resurface approximately 30 miles of road per year, officials say, which means that under the current resurfacing programs, each road will be resurfaced on a 53-year cycle.

Greenville County estimates 38 percent of their maintained roads have an Overall Condition Index of less than 69, which the state considers “fair” condition. The OCI for Greenville County’s current resurfacing list averages 42, which is “poor” condition, according to the Greenville Citizen Roads Advisory Commission

One in five South Carolina bridges are substandard.

One-sixth of those substandard bridges are in Greenville and Spartanburg counties, with nearly 300 total combined.

Over half of South Carolina’s substandard bridges are more than 50 years old.

The South Carolina Department of Transportation is responsible for 9,200 bridges, 21 percent of which are substandard.

ACCORDING TO THE GREENVILLE CITIZENS ROADS ADVISORY COMMISSION REPORT:

Photos by Greg Beckner

Creating a parallel road to relieve the legendary traffic congestion on Woodruff Road is one of many projects Citizens for a Better Greenville County is highlighting prior to the November referendum.

➤ BY THE NUMBERS Breakdown of $680 million needed to complete the project:

$297,770,000

Improvements to highways, roads, streets and intersections to include widening, realignment and signalization of existing roads and construction of new roads.

$27,800,000 $47,623,630 $300,000,000

Improvements to bridges to include replacing, installing, constructing and ehabilitating bridges.

Improvements to pedestrian-related transportation facilities to include adding, improving and repairing sidewalks, crosswalks, trails and bike lanes.

Resurfacing of highways, roads and streets.

Report.

In June, County Council approved adding a local option referendum to the November ballot asking if voters will approve a 1 percent sales tax hike

dedicated to county road improvements. If approved, state law limits the tax hike to eight years and requires that the money be spent only on the projects listed on the ballot.

August 8, 2014

The City of Greenville maintains approximately 260 centerline miles of roads of which 61 percent are rated in “poor to fair” condition. Current funding available for resurfacing usage allows for a resurfacing cycle of once in 55 years.

Council Chairman Bob Taylor said the estimated cost for the entire project list compiled by the citizen roads commission is $680 million.

The roads commission created the project list after a series of public hearings to gather public input, he said. The commission is made up of citizens from every County Council district and each municipality in Greenville County.

If the referendum passes in November, Taylor said the tax hike is expected to generate approximately $67 million annually. It could expire before the eight-year limit “if the target amount is raised sooner,” he said.

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By DIANE PAGE, machine tool technology student, Greenville Tech

INNOVATE Movers, shakers and disruptors shaping our future

Starting over at age 58 When she lost the job she’d had for 39 years, one woman turned to advanced technology training to keep her competitive in the modern manufacturing workforce As a teenager, I was anxious to get into the workforce. So before I could even finish high school, I went to work for Steel Heddle, a company that made components for manufacturing cloth.

When I applied for the job at age 18, the supervisor tried to talk me out of it. He said the work was hard, and the environment was dirty. He was right, but I got the job and I enjoyed the work, and before long, I was moving up and making money. I eventually earned my GED, and continued to advance until I became a lead set-up operator and supervisor, taking home a comfortable salary.

I had been with Steel Heddle for 39 years when my world shifted.

At work one day in 2012, we were told that the company had been sold.

I was losing not only my livelihood but also the people I spent every day with, who over time had changed from co-workers to family.

Even though I had spent many years in the workforce, I wasn’t old enough to collect Social Security. And I wasn’t ready to retire.

But while I had been working at Steel Heddle, manufacturing had changed.

Many jobs had gone overseas while I

in manufacturing, I would need credentials to back my skills up.

The manufacturing environment had also changed.

The shop floor was no longer dirty, and the work, though still challenging, required more brainpower than anything else.

Thanks to the Trade Adjustment Act, I was able to change course and enroll at Greenville Technical College.

Some people, including my oldest daughter, thought that I should find a new field while enrolling in college for the first time in my life at the age of 58.

But working with my hands and running machinery came naturally to me, and I had observed people using computer numerical control (CNC) equipment. Now I wanted to be one of those people.

Two years into the machine tool technology program, I have just a couple of classes to go until I graduate. I’ve loved learning new skills – especially how to read blueprints, make a precision part from stock metal, and even

While I had been working at Steel Heddle, the manufacturing environment had changed. The shop floor was no longer dirty, and the work, though still challenging, required more brainpower than anything else.

14

had been employed, and the ones that came back required a higher skill level. It wasn’t enough to have learned on the job. If I were to find a position

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August 8, 2014

write the code to program CNC machines.

I’m older than many of my classmates, and the majority of them are males, but I feel completely comfortable in the classroom, and I’ve earned the respect of my fellow students because my measurements are precise and my work is within tolerance. I haven’t just managed to keep up – I’m really proud to say that I’ve excelled. I’ve made all A’s and B’s in my program, and right now, I have a 3.75 GPA. Opportunities in manufacturing are strong, and the job I’m preparing for is considered one of the strongest.

In this area, there are more than 5,400 machinist positions, and the number is expected to increase by 1.6 percent over the next four years. A wave of retirements creates even greater opportunity for people with the right credentials. In fact, I’m hearing that almost a quarter of the machinist workforce will retire in the near future, so I’m hoping that I can be one of the people who enters the workforce at the right time with the right skills to fill a position.

Starting over at the age of 58 isn’t something I ever imagined myself doing. And I have to say that I shed more than a few tears at the prospect.

But now that I’m on my way to a second career that should pay me even more than the first, I’m grateful for the unexpected push that brought me back to school. Graduating from college with a set of skills that employers need now means a lot to me.

Manufacturing certainly played a big role in my past, but it’s changed and I’ve changed with it. Now I’m proud to be on my way to becoming part of the future of manufacturing.

By CHRIS HAYES, founder and principal, The Hayes Agency

PROFESSIONAL Strategies for honing your professional skills

Step away from the edge

Avoiding the four pitfalls of insuring your small business Running a small business , particularly one in the startup phase, can be overwhelming at times. In addition to doing what you do best (your core business), you are responsible for handling a litany of necessary administrative functions, including but not limited to recruitment, payroll, taxes, facility management and insurance —all of which can be complex, confusing and costly if misunderstood.

Insurance is necessary for all businesses, and certain types of insurance are legally required. Keeping a handle on the latest requirements, available policies and cost effectiveness, however, can quickly become like a second full-time job – a commitment no small business owner really has time for.

By exposing the issues and areas that create the most vulnerability for the small business owner (SBO) related to insurance, it equips us to make better-educated decisions and to protect ourselves with a more tightly knit security blanket for our businesses.

Pitfall No. 1: A landlord’s insurance policy does not cover against theft, fire or water damage of your contents.

Many SBOs forget to cover the contents of the building that they own or lease. A landlord’s insurance policy will not cover against theft, or fire or water damage, of your contents. If you rent or own a building, your landlord or mortgage provider, re-

spectively, may require you to obtain property coverage.

Pitfall No. 2: Little to no safety net in the event of a lawsuit.

We live in an increasingly litigious society. One mistake or accident could sink a small business without the proper coverage. General and professional liability policies are musts for all business owners. While the conventional wisdom is that insurance is expensive, many SBOs are pleased to discover that bundled policies are actually quite affordable.

Some of our clients are able to combine their general liability, property and possession coverage into a Business Owners Policy (BOP) for around $150 a month.

Pitfall No. 3: The maze that is health care.

Health care coverage is crucial for SBOs and a valuable benefit for recruiting and retaining staff. Understanding health care coverage, however, is intimidating, particularly in the face of the substantial reforms currently affecting companies. The new health care laws taking effect require some small businesses to offer health care policies to their employees, or pay out of pocket for coverage. Consulting an insurance professional who specializes in health care for small businesses is well worth the effort.

In the spectrum of “what ifs” that go along with running a small business, many owners discount the importance of short- and long-term disability policies. This is the most overlooked coverage for SBOs but can be the most devastating for owners if, for some reason, they are suddenly unable to work.

Everyone values life insurance, but only 13 percent of SBOs protect themselves or their businesses with disability insurance. The statistics are sobering: working adults are four times more likely to become permanently disabled than to die early.

Personal disability policies must be paid from individual accounts, whereas the company can pay for business overhead. An own-occupation policy pays you in the event that you can no longer perform the duties of your current profession.

Key Man Life Insurance is another policy that every SBO should consider. This policy protects you and your business in the case of a fatal accident or illness. It can pay off any liens held against the business and allow your heirs additional funds and time to make i m -

Pitfall No. 4: Not protecting your biggest asset – yourself.

Keeping a handle on the latest insurance requirements, available policies and cost effectiveness can quickly become like a second full-time job – a commitment no small business owner really has time for. portant decisions with regard to the continuation of your company. Banks now require this coverage for most small business loans.

Bottom line: Insurance is important, and can make or break any company, large or small. Being adequately protected is an investment worthy of time and resources.

If you have fallen into any of the pitfalls above, you are one of many. Find an agent you trust, who has access to the best variety of providers, and map out a plan for your business today.

Stay in the know.

Upstate Business Journal

@UpstateBiz

August 8, 2014

TheUpstateBusinessJournal

UPSTATE BUSINESS JOURNAL

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By JEFF HERMAN, equity partner, Wagner Wealth Management

YOUR MONEY News and tips for your personal bottom line

Building your largest paycheck ever Now’s the time to start creating your retirement nest egg For most people, starting a new job or entering the workforce for the first time can be a stressful yet exciting period in their life. There are many nuances to learn about the new company, and the new retirement plan is one of them.

According to the U.S. Department of Labor, approximately 30 percent of eligible workers do not participate in their companies’ 401K-type retirement plan. And those that do participate may be making some significant mistakes that could have negative consequences in preparing for retirement. While there may be several reasons, this is unfortunate as many people will need to create their own retirement nest egg to supplement any Social Security benefits. What steps can be taken to help ensure a comfortable retirement?

participate to enjoy the benefits.

Don’t leave free money on the table.

In another “pay yourself first” model, consider increasing your contributions throughout your working life. For example, many employees increase their contribution percent every time they are given a raise. This is another denial of instant gratification, but one that should create rewards later in life.

Let’s take a quick look at the cost of delaying your retirement contributions. According to the American Funds retirement planning center, if an employee has a starting salary of $30,000 and receives 4 percent annual raises while earning 8 percent on their investments, they may amass

Start early and pay yourself first

There are many distractions that can prevent you from contributing to your retirement plan, but starting early will have a dramatic impact later in life. The secret is that your contributions are made with pre-tax dollars and taken directly out of your paycheck. By having the money directly pulled from your check you are “paying yourself first” and creating a good long-term habit.

Many companies that offer a 401Ktype retirement plan also offer a company matching program with a minimum level of participation from the employee. In simple terms, the company may contribute to your retirement plan if you contribute a small amount as well. Typically, if the employee contributes 5 percent, the company will match that amount with another 3 percent. Although each company will have different percentage levels, this is essentially free money and you will need to

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$276,000 over a 30-year work life.

But if you wait just five years to contribute, that amount would only be $206,000. That’s a $70,000 reduction for waiting. Don’t delay; start your retirement savings now.

Learn and understand the investment options

Having made the decision to contribute to your company’s retirement plan, you must take the next step and help it grow by monitoring the results.

A lot of employees don’t understand their plans’ investment options or are afraid of making a mistake, so they take no action and leave the money in a stable value account. Of course, this is a conservative approach to protecting your investment, but the chance of outpacing inflation is very low.

A better option would be to check with your company or plan administrator to find out if a target date fund is available. Target date funds are designed to create a balanced portfolio with a specific ratio of stocks to bonds.

This ratio will change the percentage holdings to more bonds as you age and move closer to your retirement date.

While this is not a bad option, it is not built for an individual’s specific situation or risk tolerance.

Since this is your retirement nest egg, the best action to take is to monitor your portfolio and make changes as your situation or the

markets dictate. Most company plans have multiple investment options available, and you can move your dollars between these funds on a systematic basis. It may take some time on your part to better understand the investment options available, but it could mean a big difference in the outcome when you reach your retirement date. Don’t understand or need clarification on how the options work? Visit with a financial advisor.

Becoming a retirement manager

Now you are a retiree with carefree days ahead of you. But wait, you still have one very important title: retirement manager. That’s right, you will need to manage your retirement funds to last the remainder of your life. So you must read and learn about how specific investments work in different markets.

One of the most important tasks will be converting your retirement dollars into an income stream. There are quite a few investment programs that can offer you an income stream for life. The options range from government bonds to dividend-paying stocks to real estate. You just want to make sure the investment fits your individual risk tolerance and income needs.

Lastly, you will need to monitor & react to the changing markets. Very few investments can be considered “forever,” so this means you will want to monitor the performance of your accounts and react to any changes.

Soliciting professional advice

As you can see, building your largest paycheck ever is not something to ignore, nor is it something that can be done once. It takes time, energy and a willingness to learn in order to build a sizeable retirement nest egg.

By LAURA HAIGHT, president, portfoliosc.com

DIGITAL MAVEN The technical side of business

Time to hit ‘refresh’ on your tech?

If it ain’t broke, replace it anyway – and avoid being blindsided by expensive emergencies What’s your road map?

technology

If you are like most small businesses (and many big ones, too), you may be scratching your head right now.

We tend to buy technology when we have to and replace it when something breaks or some other need intervenes and necessitates more purchasing. The idea of replacing perfectly good, working equipment is counterintuitive. But there are many good reasons to have a planned and budgeted technology road map— and the best business reason is managing the total cost of ownership of your hardware and software so you are not blindsided by big-ticket emergencies.

There are a few things you should do to develop this plan.

1. Know what you have.

Seems obvious, but many businesses really don’t know what they own and how—or if—it is being used.

Divide your technology into three areas: hardware, software and services.

In identifying hardware, include peripheral devices like scanners, fax machines, copiers, printers, and network equipment like routers, servers, firewalls, hubs and switches.

On the user device side, factor in personal mobile devices if you allow them to be used on your network as a replacement for company-provided equipment. Break out laptops, desktops, tablets and hybrids, and identify the processor speed, RAM and hard drive size. Include the serial number or service tag number.

On the software side, make sure you have a license for every piece of software and know where it is used. In most cases, you must have a separate license key for each instal-

lation. Operating systems are software, and important ones to boot. A major driver for software updates and hardware replacements can be when your operating system is retired (think Windows XP).

Moving to a new OS can make some of your hardware or software obsolete— often technology that is proprietary to your company or your industry. There are many companies providing software or services for technology asset management. But if your small business is just getting started on this path, you can get by with a spreadsheet.

You can download an inventory tracking spreadsheet from goo.gl/ EGbXDq.

2. Know what is being used.

Too often business executives talk to IT—and IT talks to IT. Often left out of the conversation are the lemployees. It’s a good bet that some of the software or hardware you spent good money on is either not being used or not being used as you expected it to be. You are going to have to talk to them to really find out what they’re using. An installation on their computers doesn’t mean the software is being used. That’s important to know for another reason: If an employee has an expensive piece of software he isn’t using, it can be given to another employee who could

3. Know where you want to go.

establishes the “useful life” of desktops, laptops and tablets all at three years, meaning they are fully depreciated at that point. While laptops will have a longer true working life, you should plan to replace tablets as soon as depreciation allows. A major issue with mobile devices – especially Apple – is the lack of expandability.

Programs get more complex and require more storage, but your device is limited. Refreshes of the tablet line often include higher storage or expansion options.

• Should you buy software or services? More and more software companies are looking to the cloud for a steady stream of income. Apple, Microsoft, Autodesk and Adobe, to name a few, are moving from shrinkwrap to subscription. The plusses here? Your software is always up to date and you are freed from having to maintain licensing, ownership and user information. New features come to you automatically.

And you are not blindsided by the sudden need to purchase expensive software to maintain compatibility with key clients. The downside? It’s no bargain. If you weren’t planning to replace the software every three years or so, you will end up paying more. It is a forced upgrade path.

Once you know where you are, you can make a plan for where you want to be.

• Do you want to replace desktops with laptops? Or replace laptops with hybrids or tablets or (my favorite new term) “lap-lets”? Perhaps Chromebooks designed for business could fill the bill for your business. The IRS

It may take some time and effort to put your road map together, but having a clear vision for managing your technology and putting the right tools in the hands of the right staff can make a big difference in streamlining operations and ultimately controlling costs.

benefit from it. Or you may be paying service maintenance or annual service charges for the license that you might be able to eliminate altogether.

You might also find out that you don’t have the right tech in the right place. Does the new sales associate have the screaming hot new laptop while the finance department struggles to crunch numbers with slow, plodding processors?

August 8, 2014

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COVER STORY

DREAMLINER REALITIES Final assembly of Boeing’s latest 787 will be exclusively in S.C. – but what does that mean for the state and our region?

JOE TOPPE | STAFF jtoppe@communityjournals.com

Final assembly of Boeing’s latest Dreamliner airplane will take place exclusively at the company’s facility in North Charleston. With final production of the first 787-10 scheduled for 2017 and design of the plane already underway in Everett, Wash., state officials and members of the Upstate’s aerospace industry are bracing for potential economic impact.

Boeing is an important partner and a major anchor of South Carolina’s aerospace sector, said

Bobby Hitt, secretary of commerce. Over a five-year period, the state has experienced more than 600 percent growth in aerospace-related jobs, he said.

“Just like BMW before it, their success in the Palmetto State is encouraging the location of aerospace suppliers, such as carbon fiber manufacturer Toray Industries in Spartanburg, and service providers like Kaman Engineering Services in Charleston,” Hitt said.

Clemson economist Bruce Yandle said the Boeing expansion is so large that it will send ripples across the entire region, and certainly to the Upstate, which is populated with specialized component manufacturers and service providers that are already Boeing-connected. >>

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COVER STORY

BOEING 787-10: BY THE NUMBERS 323 Passengers 3-CLASS CONFIGURATION W

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• The 787-10 will be 18 FEET LONGER THAN THE 787-9, with 10 feet of that increase in the midbody section.

ft

• The 787-10 Dreamliner will be the THIRD AND LONGEST MEMBER OF THE 787 FAMILY and will leverage its technology to provide MORE PASSENGER AND CARGO capacity.

>> A sign of things to come Those Upstate manufacturers may not see an immediate boost in demand for their products, however, said Jason Premo, CEO of Greenville’s Adex Machining Technologies.

Boeing’s announcement is a sign of things to come, although results similar to BMW’s effect on the region’s automotive industry should not be expected, he said.

Most parts for the 787 are made internationally and flown over to Seattle, Japan, Sweden, India, Canada and Australia, so centralizing production to South Carolina would not affect that strategy, he said.

But the state is poised for growth in that sector with or without Boeing, Premo said. The state’s economic climate, skilled workforce, pro-manufacturing legislature, low unionization, and port access remains the

• Final assembly and flight test of the 787-10 is set to BEGIN IN 2017, with first delivery targeted for 2018.

most attractive incentives to potential businesses.

“Above Boeing’s expansion, these factors will be more important in suppliers choosing South Carolina to locate (or relocate) their factories,” he said.

Premo said the state would eventually be the exclusive production center for the 787, one of the world’s most advanced modern commercial jets, which is receiving strong customer demand and a backlog that continues to rise.

“While not definitive, it should lead to some additional 787 suppliers locating in the area,” he said.

A “huge” win for S.C. In a release issued by the company last week, Larry Loftis, vice president and general manager of the 787 program, said Boeing considered a variety of options before deciding the

• The integrated production system currently operates at a production rate of 10 AIRPLANES PER MONTH.

SINCE ITS LAUNCH IN JUNE 2013, THE 787-10 HAS WON 132 ORDERS FROM SIX GLOBAL CUSTOMERS. BOEING 787-10 CUSTOMERS INCLUDE: • Air Leasing Corporation • British Airways • Etihad • GECAS • Singapore Airlines • United Airlines

most efficient and effective solution was to build the new plane at Boeing South Carolina.

Production of the 787 will now take place in both North Charleston and Everett to increase production rates, he said. “We’re happy with our growth and success in South Caroli-

August 8, 2014

• As announced last year, the 787 production rate will increase to 12 AIRPLANES PER MONTH IN 2016 and 14 PER MONTH BY THE END OF THE DECADE. na, and the continued success at both sites gives us confidence in our plan going forward.”

Following Boeing’s announcement, Gov. Nikki Haley issued a statement calling the company’s exclusive operations in North Charleston “huge” for the Palmetto State.

Boeing’s decision to commit the Dreamliner’s future in South Carolina is a testament to its workers, she said. “South Carolina workers are the best around.”

The Everett facility will continue to assemble seven airplanes per month, while Boeing South Carolina final assembly will gradually increase from three 787s per month to five per month in 2016 and seven per month by the end of the decade.

The aircraft manufacturer will continue to assemble both 787-8s and 787-9s in Everett, Wash., and North Charleston.

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FINE PRINT

Commercial Bodiford CPAs announces merger with Scott and Co. Columbia-based Clifton Bodiford CPAs has merged its to the announcement. Members of the BodFoodservice practice into Scott and Company LLC, and will operate iford CPA firm’s Columbia office have comunder the Scott and Company brand, effective immediate- bined into Scott and Company’s Columbia, Repair, Tech ly, the companies announced Monday morning. Founder S.C., office.

A veteran of Ernst and Young and former and Bodiford CPA firm principal Clif Bodiford and Dave 24 announce Bodiford both join Scott and Company under the terms of Arthur Anderson and Company partner, Clif Bodiford founded Bodiford CPAs in the deal. merger Bodiford Other terms of the deal were not disclosed. Scott and Columbia in 1994.

Commercial Foodservice Repair, based in Greenville, recently announced that it has merged with Tech 24, an independent service organization offering equipment repair, HVAC, plumbing and electrical services to customers in Virginia, Baltimore, Washington, D.C., and the surrounding areas.

The merger creates the industry’s second-largest service provider.

Additionally, the newly merged company plans to transition to the Tech 24 trade name due to its goal of providing HVAC, plumbing and electrical services to foodservice and retail customers.

The company will be headquartered in Greenville and will serve 17 states, with over 330 service technicians offering coast-to-coast coverage and 24/7 reliability to leading retailers, QSRs, full-service restaurants and concessions operations.

Company also operates a Greenville office.

The leadership of both firms, each of which provides audit and assurance, tax and a range of consulting services to clients across the Southeast and internationally, voted unanimously to consummate the arrangement, according

Span-America wins American Business Awards Span-America Medical Systems Inc. was recently presented with two 2014 American Business Awards. The company received Gold and Silver Stevie Awards in their selected sales and communications categories.

Span-America, based in Greenville, won the gold award for its video “The Encore Bed Waltz,” which introduced the company’s advanced technology bed for long-term care.

To see the video, visit spanamerica.com.

Additionally, the silver award was given for the marketing campaign for the Encore bed, which included the gold award-winning video and a 12-page musically themed brochure with the digital interactive 3D Virtual Bed and Bed Configurator app.

Span-America’s Configurator app is a finalist for another award in September.

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Business briefs you can’t miss

The combined firm now numbers approximately 40 professionals in its Midlands and Upstate offices, and provides a range of tax, assurance, small business and specialized consulting services to clients based across the Southeast.

Furman offers execs sustainability course Furman University is offering a program in spring 2015 that will help executives manage the challenges of a socially conscious business environment.

The intensive, five-session course is offered by Furman’s Center for Corporate and Professional Development in cooperation with the David E. Shi Center for Sustainability. It will lead to a postgraduate diploma in corporate sustainability.

Dr. Brad Bechtold, executive director of continuing education, said in a press release that the course is aimed at businesspeople who are in charge of defining and implementing sustainability

initiatives for their organizations. In addition to offering a broad overview of sustainability, the program will identify the sustainable business strategies that offer the most effective return on investment and demonstrate how sustainability can become an ongoing strategic business practice.

The program begins Feb. 5, 2015, and ends June 5, 2015. Cost for the program is $3,995 per person.

For more information, contact Furman’s Center for Corporate and Professional Development at 864-294-3136 or visit furman. edu/cpd.

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FINE PRINT Business briefs you can’t miss

GLS completes $275M in site selection projects Greenville-based Global Location Strategies recently announced the completion of three major site selection assignments for clients representing over $275 million in investment in two Kentucky communities and in one Mississippi community.

GLS clients Constellium N.V. and UACJ Corporation announced plans in Bowling Green, Ky., to jointly supply Body-in-White aluminum

sheet to the N o r t h American automotive industry. The joint investment is approximately $150 million with production scheduled to start in the first half of 2016 and expected to reach capacity by 2018.

Diageo and GLS have made plans to build a $115 million distillery with a capacity of 1.8 million gallons of

Clemson unveils Deep Orange concept car The Clemson University International Center for Automotive Research (CU-ICAR) is displaying its automotive engineering students’ latest concept vehicle at an industry meeting.

Deep Orange 4 was shown publicly in its final form Monday in Traverse City, Mich. at the CAR Group Management Briefing Seminar.

The appearance on Monday was the fourth generation of the concept vehicle’s first public viewing.

The vehicle is based on the BMW X3 and is defined as a versatile vehicle that targets the niche market of performance-oriented SUV customers who want both best-in-class utility and space and an aggressive sporty design.

Students in Clemson’s graduate

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automotive engineering program are required to create and manufacture a new vehicle prototype.

The program provides students with experience in vehicle design, development, prototyping and production planning. Each year, a prototype vehicle is developed with a new market focus and technical objectives and is sponsored by a major manufacturer and a number of suppliers, including Dow Automotive, Sage Automotive and others.

bourbon and other whiskies in Shelby County, Ky. The facility will sit on a 300-acre site and will be Diageo’s first Kentucky presence. It is expected to provide about 30 jobs.

Kemira, a global chemical company that serves customers in water-intensive industries, announced a $13.9 million project to expand its dry polymer manufacturing operations in Aberdeen, Miss. According to a

release, the company works to improve its customers’ water, energy and raw material efficiency, with a focus on pulp and paper, oil and gas, mining and water treatment industries.

Including these three projects, GLS has announced more than $1 billion in capital investments located by their company in the past twelve months.

NewBridge Bank launches middle-market banking group NewBridge Bank recently announced its middle-marketing banking group launch and the hiring of its new six-person team.

The team will focus on companies generating annual revenue from $25 million to $250 million throughout the Carolinas from NewBridge Bank’s current office in Charlotte, N.C., and a new office in Greenville.

The new middle-market team will be led by Michael “Mike” J. McMahan, executive vice president and director of middle-market banking group and treasury services out of Charlotte. Robert “Bob” C. Beggs, Walter V. Bridgeman, Joseph “Joe” P. Watkins Jr. and Mark A. Schuch will be joining McMahan in Charlotte.

Beggs will serve as senior vice president and senior relationship

manager, Bridgeman joins as senior vice president and head of treasury services, Watkins joins as director of product management for treasury services, and Schuch will serve as product manager for treasury services.

In addition to the Charlotte team, Thomas “Tommy” E. DeMint III will be based out of Greenville and serve as senior vice president and head of the middle-market banking group in South Carolina, and as head of syndicated finance. DeMint’s background includes tenures with Bank of America and Wachovia Bank as a senior member of the middle-market capital team responsible for originating, syndicating, purchasing and managing a billion-dollar portfolio of middle-market corporate loans across a national footprint.

7 August 8, 2014

UPSTATE BUSINESS JOURNAL

21

SHERRY JACKSON | STAFF sjackson@communityjournals.com @SJackson_CJ

SQUARE FEET Real estate deals and developments across the region

Howell Rd

252 apartments planned for Howell Road Certus Partners, a Greensboro, N.C., development, acquisition, con-

Howell Rd

struction and property management firm, has purchased 16 acres of land at 501 Howell Road in Greenville, next to Camperdown Academy, with plans to build a new 252-unit apartment community.

Certus purchased the land for $2 million.

“We are excited to bring growth to the Haywood/Howell Road corridor.

The Camperdown Academy was looking for a solution for a large tract of land they acquired for expansion,” said Tony Bonitati, a broker with NAI Earle Furman’s Multifamily Division, who represented the buyer. “This land had been slated for residential development in the past, but now the community will benefit from this multimillion-dollar apartment community.”

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SITE DATA

Project Number:

1"=60' 05/2014

Paul J. Harrison, P.E.

bluewater civil design, pllc  Greenville, SC 29601  info@bluewatercivil.com

South Carolina PE# 24224 North Carolina PE# 038371

SITE

03' 50.

75

61.

51'

5'

0.0

10

REMAINING PROPERTY (0.99 ACRES)

LOT 2 6,000 SF 58.

'

VICINITY MAP - N.T.S.

00'

49'

.00

TM #0574050100804 (1.83 ACRES)

100

'

LOT 3 6,000 SF

42

'

24

LOT 4 6,000 SF

SITE PLAN LEGEND

93'

39.

60.

00'

' .00 100

32

LOT 5 6,000 SF

.8 0

Certificates of Authorization: SC C04212 - GA PEF005865 NC P0868 - AL CA4065E

7'

'

49.1

TYPICAL LIGHT DUTY ASPHALT PAVEMENT

47'

47.

4'

36'

100.

07' 118.

'

.85

26

77.89'

OPEN SPACE

LOT 39 11,989 SF

103

' .63

135

'

.54

6'

LOT 40 9,161 SF

'

.49

44

141.9

LOT 6 8,180 SF

'

.65

46

PROPERTY LINE

6'

8.3

10

35

.8

3'

LOT 38 7,768 SF

32

' 5'

116.60' '

'

53.88

' 88.74

88.74

'

24' 7'

33.61'

LOT 29 7,324 SF

89.2 2'

5'

54.5

121

4'

0'

44

.77'

41'

0' .0

26

0' LOT 27 10,054 SF

40'

85.0

85

R35'

0'

1'

0'

4 5.5 6 '

.6

4'

0'

R5

33

LOT 31 6,288 SF

35.0

54.0

I-3

60.0

2'

5'

3.69'

35.3

LOT 12 6,000 SF

118.

.9

1'

54.5

39.3

3'

56.9 .70'

111

LOT 28 13,819 SF

54.5

46

2 7 .0 6 '

.0

8'

112

.28

'

0'

60.0

0'

97.6

54.5

35.0

.00'

5'

0'

110

0'

29.1 0'

5'

.00'

34.3

5'

99

0'

54.5

LOT 16 6,000 SF

24'

.0

3 3. 0 4 '

4'

16 .

3

6'

R35'

85.52'

3'

R50

1'

56.4

LOT 21 6,157 SF

37

'

.4

81.83

3' 3 7 .4 3 '

LOT 18 6,374 SF

37

.4

3'

ISSUE DATE

ISSUE COMMENT

A

5-22-2014

Issued to City of Simpsonville

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2

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6.80'

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112

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100

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111

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PLAN REVISION

'

3 5 .7 1'

LOT 17 6,000 SF

33

5' 54.5

4.96' .00'

110

STORMWATER MANAGEMENT AREA

3 7 .4

5'

54.5

LOT 22 6,000 SF

'

110

42' .00'

110

.18

5'

LOT 15 6,000 SF

W

56.0

54.5

54.5

5'

54.5

LOT 23 6,000 SF

.00' 110

99.40'

5'

6'

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21.51'

6'

54.5

33.0

.00'

35.3

LOT 26 8,550 SF

.23'

LOT 25 6,663 SF

130

LOT 24 6,288 SF

6'

LOT 14 6,000 SF

SE Main St

5'

.00' 110

102

21.4

org

0'

85.0

LOT 13 6,000 SF

LOT 20 8,064 SF

3

50.

LOT 19 9,462 SF

19'

2'

54.0

20'

' 3 3. 6 4 '

3.69

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6'

.48' 110

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51.56'

LOT 30 6,023 SF

.00' 110

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12.7

13.0

1' 77.8

LOT 32 6,000 SF

LOT 11 6,000 SF

Rd

W Georgia Rd

Rd

21.7

.00'

107.3

8'

EXISTING SEWER MAIN

119.

47.94

8'

134.23'

40.98'

36.08' 12.41'

12.43'

106.3

'

10.85'

110

10.58'

53'

6' 89.2 4' 76.7

' 0.85 8' 13.3

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1'

8'

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LOT 36 6,023 SF

91.98

21.7

18.0

LOT 33 6,466 SF

6 6 .8 9 '

4'

33.5 8 '

LOT 35 6,000 SF 53.41'

50.00'

'

83.0

7.39'

113.

DIMENSION NOTE: ALL DIMENSIONS SHOWN ON ROADWAY ARE MEASURED FROM F.O.C. TO F.O.C. UNLESS OTHERWISE SPECIFIED.

35 0.

10

9'

18.0

LOT 34 7,656 SF

110.00'

130.25'

LOT 10 7,224 SF

LOT 37 10,362 SF

'

4 9 .3 4

67.9

2'

4'

35

16 .

2

8.44'

' 21. 0 1

4'

.5

38

167.23'

LOT 9 8,878 SF

PROPOSED EDGE OF PAVEMENT

.8 3

40'

3 3. 6 4 '

'

48.84

134.93' 06'

LOT 8 8,038 SF

EXISTING EDGE OF PAVEMENT

'

R50 R3

52.77

5.5 1'

LOT 7 7,553 SF

I-1

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2'

3 5 .8 3

4' 112.86'

.7

20'

85

33

30

PROPOSED BUILDING SETBACK LINE

21'

3 5 .8 3 '

2'

4.52'

'

.74

155

114.

115.7

2'

LOT 41 6,000 SF

.3

LOT 42 6,407 SF

79.10'

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20

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5 6 .8 8 '

99.0

54.

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00' 60.

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W. GEORGIA ROAD SIMPSONVILLE, SC

03' 75.

19 Washington Park Suite 201

LOT 1 7,191 SF

www.bluewatercivil.com

S

34.82'

'

.05

E

NE

30' 15' (INTERNAL ROADS) 5' 10' 15'

W

85 I-3

42 UNITS ±1,520 LF

SETBACKS ALONG W. GEORGIA RD.: FRONT SETBACK: SIDE SETBACK: REAR SETBACK: SECONDARY SIDE SETBACK:

GE

W.

60.

TOTAL LOTS: PROPOSED ROADWAY:

3.

Engineer of Record:

W. GEORGIA ROAD COTTAGES

±9.53 ACRES R-HI

Date of Project:

RO

85

TOTAL AREA: ZONING:

AD

IA

G OR

I-1

P/O 0574050100801

2013-030

DWG Name: Drawing Scale:

TAX MAP NO.:

'

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Preliminary Layout

69.17

6'

38.6

Know what's

3'

103.9

P105

85 I-3

THIS DRAWING AND ASSOCIATED .DWG FILES ARE THE PROPERTY OF BLUEWATER CIVIL DESIGN, PLLC AND SHALL NOT BE MODIFIED, USED, OR REPRODUCED IN ANY WAY OTHER THAN AUTHORIZED IN WRITING. © 2013 BLUEWATER CIVIL DESIGN, PLLC

Renderings Provided; Map from Google Maps

22

UPSTATE BUSINESS JOURNAL

August 8, 2014

SQUARE FEET

NEW TO THE STREET

Real estate deals and developments across the region

>> 1. Wal-Mart Neighborhood Grocery Store

A new Wal-Mart Neighborhood Market is coming to the northeast corner of Highway 14 and Northeast Main Street in Simpsonville, across from the Super BI-LO grocery store shopping center.

The 40,000 square-foot grocery store and pharmacy will be a typical neighborhood market size, about one quarter the size of a regular WalMart store, said Bill Wertz, a Wal-Mart Stores spokesperson. It will also include a gas station.

“It’s a very popular format with our customers and fits in well with our supercenters,” said Wertz.

He also pointed out that prices are the same at a Neighborhood Market as they are in other WalMart stores.

This will be the third Neighborhood Market in Greenville County – one is in Greer and one is in Greenville, both on Wade Hampton Blvd.

Wertz said he expects construction to start on the store in the next few months with an opening in early 2015.

The freshest faces on the business landscape

1. Premier Laser Spa recently held a ribboncutting at the Shops at Greenridge, 1125 Woodruff Road, 202-A, in Greenville.

They are open MondayThursday from 10 a.m.-7 p.m., Friday from 10 a.m.-4 p.m., and Saturday from 10 a.m.-2 p.m. For more information, visit premierlaserspaof greenville.com or call 864-558-2202.

1

2

2. Neely Ferry

Along Neely Ferry Road, between the Westwood and Neely Forest subdivisions, a new 51 single-family development was approved by the Simpsonville Planning Commission in June.

Mark III Properties will be the developer, and lots will range in size from 7,500 square feet to 16,293 square feet. The average lot size will be 10,055 square feet, said Jason Knudsen, planner with the city of Simpsonville.

Grading on the 14.9-acre site has already begun.

3. Briar Ridge

Another new subdivision has been proposed at 1415 W. Georgia Road. Briar Ridge (originally called West Georgia Road Cottages) will consist of approximately 42 single-family homes on 9.53 acres.

The lots will range from 6,000 square feet to 13,819 square feet with an average lot size of 7,237 square feet. The developer of the property, Randy Brewer, says he is currently in the process of selecting a homebuilder.

Brewer said homes will have three or four bedrooms, 2,500 square feet and larger, and will be priced from $280,000 with sunrooms and/or screened porches.

“It will be an upscale subdivision,” he said.

The Simpsonville Planning Commission approved the development June 26, but some configuration changes to the street layout means it will go back before the planning commission in September.

PHOTOS PROVIDED

3

2. Sheila’s Sheer Elegance Lingerie recently held a ribbon-cutting at 104 S. Main St. in Simpsonville.

For more information, visit ebrasetc.com or call 864399-6011.

3. Thorn recently held its grand opening at 7 W. Stone Ave. in Greenville.

The store features women’s clothing and accessories and is open Tuesday-Friday from 10 a.m.-5 p.m., and Saturday from 10 a.m.-4 p.m. For more information, visit thornlifestyled.com or call 864-373-9024.

August 8, 2014

UPSTATE BUSINESS JOURNAL

23

CONTRIBUTE: New hires, promotions & award winners may be featured in On the Move. Send information and photos to onthemove@upstatebusinessjournal.com.

ON THE MOVE Play-by-play of Upstate careers

APPOINTED

HIRED

HIRED

PROMOTED

PROMOTED

APPOINTED Dr. Saria Carter Saccocio, Appointed chief medical officer and senior vice president of medical affairs for Bon Secours St. Francis Health System. She previously served as chief medical officer at Danville Regional Medical Center in Danville, Va.

Luanne Runge

Samantha Bauer

Joined Liberty Fellowship as associate executive director.

Runge comes to Liberty Fellowship from the Gallivan, White & Boyd law firm where she is a shareholder, practicing in the areas of business litigation, healthcare and malpractice.

Joined Ronald McDonald House Charities of the Carolinas (RMHCC) as communications and events manager. Bauer previously worked as the special events/ community relations manager for the Greenville Drive.

BUSINESS DEVELOPMENT: The Simpsonville Area Chamber of Commerce announced the appointment Rory Curtis and Tiffany Welborn to its board of directors.

Curtis owns Carolina Olive Oil. Welborn is assistant vice president at Independence National Bank.

The Upstate SC Alliance has promoted Elizabeth Feather to director of research. Feather joined the Alliance in 2011 after 11 years with GSA Business. As director she will be responsible for leading and executing the organization’s research efforts.

EDUCATION: The South Carolina Governor’s School for Science and Mathematics (GSSM) Foundation announced Joe Bouknight of Scansource Inc., Avi Lawrence of Contec Inc., and Scott Alan Ruby of Fluor as its new board members for the 2014-2017 board of directors term.

The University of South Carolina Upstate recently announced that Dr. Lynette M. Gibson recently completed a fellowship at the Summer Nursing Research Institute at the University of Pennsylvania School of Nursing Center for Health Equity Research. Gibson is an associate professor and director of research in Nursing at USC Upstate.

24

Robert H. “Bob” Jones Will join Clemson University as its first executive vice president of academic affairs and provost on Sept. 16.

Jones currently serves as dean of West Virginia University’s Eberly College of Arts and Sciences. He has previously served at Virginia Tech and Auburn University.

Dana McConnell

Jennifer Miller

Selected as The Center for Developmental Services’ executive director. McConnell was previously the director of finance and operations and on the CDS leadership team.

She is a graduate of Texas Tech University and a certified CPA.

Promoted to vice president and chief operating officer of the Upstate SC Alliance. She will oversee all external marketing efforts, and manage the organization’s operations. Miller joined the Alliance in 2006, and previously served as the vice president of marketing.

Clemson University recently announced that professor Cindy Lee has won election to the board of directors for the Association of Environmental Engineering and Science Professors (AEESP). She begins her three-year term in September.

FINANCIAL SERVICES: BB&T Wealth has promoted Robert F. Taylor to senior vice president.

Taylor is a regional portfolio manager in BB&T’s wealth department at 416 E. North St. Northwestern Mutual has promoted Dana Spinks to director of retirement plan services for Mark Clary’s wealth management team. Spinks is also president of PAWS, the young professionals organization with the Greenville Humane Society.

FITNESS: RevUp Indoor Cycling has added Kristi Arledge as its new fitness director. Arledge brings 25 years of group fitness instructing experience to her position, including nearly 20 years with YMCA of Greenville.

LEGAL: Collins & Lacy P.C. appointed shareholder Jack Griffeth as partnerin-charge for the business defense firm’s Upstate office. Griffeth centers

UPSTATE BUSINESS JOURNAL

August 8, 2014

his law practice on defense trial work, representing employers in employment-related litigation and mediation.

MARKETING/PUBLIC RELATIONS: Infinity Marketing recently welcomed Amanda Stewart as digital media manager. Stewart previously worked for KAYAK.com, MediaCom and Media Storm, managing the accounts for top brands such as CMT, Crackle.com, Cisco Home Networking, Bayer, CBS Films and Disney Movie Rewards.

NONPROFIT: Upstate Forever recently announced the addition of Mike Daniel and Jean Blair to its board of directors. Daniel served in the House of Representatives and was South Carolina’s lieutenant governor from 1982 to 1986. Blair has more than three decades of experience in information technology, manufacturing operations, engineering and human resources management. She has worked in a number of roles over nearly 20 years at Fujifilm Manufacturing USA in Greenwood, currently serving as vice president for human resources and administrative services.

Veteran Scholarships Forever recently welcomed Craig Robinson, Jan R. Howard, Princella Lee-Bridges and

Dr. Bert Strange to its board of directors. Robinson is the senior vice president, Upstate market president and small business executive for CertusBank in Greenville. Howard has been active in the nonprofit sector since 1986, and is development director for the Pleasant Valley Connection. Lee-Bridges is a Desert Storm veteran who served 13 years in the U.S. Air Force as an aeromedical evacuation nurse and medical crew director. Strange served 24 years in the U.S. Army (the last 20 as a chaplain), retiring with the rank of lieutenant colonel.

Loaves & Fishes of Greenville announced the appointment of JoAnne Laffey Abed to its board of directors.

REAL ESTATE: Coldwell Banker Caine recently welcomed Diana Horton as an experience coordinator at its Greenville office. Previously, Horton was an English teacher at Easley High School.

STAFFING: Godshall Professional Recruiting and Staffing welcomed Courtney Mebane as the newest professional recruiter. Mebane has nearly 10 years of experience in professional services recruiting.

SOMETHING TO REALLY CONNECT OVER AT YOUR NEXT BUSINESS DINNER.

SOCIAL SNAPSHOT Inside the Upstate’s networking and social scene

INNOVISION FORUM In the latest InnoVision Forum, held last week at McNair Law Firm, Doug Kim, chairman of McNair’s intellectual property practice group, led a roundtable discussion on “Software Patents: The Supreme Court Speaks.” For information on the next InnoVision Forum, visit innovisionawards.com.

Photos by Angela Halpin

AUGUST

21–31 CONTRIBUTE: Got high-resolution photos of your networking or social events? Send photos and information for consideration to events@upstatebusinessjournal.com.

August 8, 2014

Be sure to check the Greenvillefor participating restaurants, menus, and more!

UPSTATE BUSINESS JOURNAL

25

CONTRIBUTE: Got a hot date? Submit event information for consideration to events@upstatebusinessjournal.com.

PLANNER Events you should have on your calendar

FRIDAY AUGUST 8 NORTH GREENVILLE ROTARY CLUB The Poinsett Club, 807 E. Washington St., Greenville; 12:30-1:30 p.m.

COST: Free to attend but invitation required, lunch $16 CONTACT: Shanda Jeffries at 864-2282122 or sjeffries1@ allstate.com

MONDAY AUGUST 11 GCS ROUNDTABLE The Office Center at the Point, 33 Market Point Drive, Greenville; 8:30-9:30 a.m.

Open to all and guests eat free.

FOR INFORMATION: greenvillehr.shrm.org

CONTACT: 864-4588277 or brianwoolf@ gmail.com

TUESDAY AUGUST 12 BUSINESS BEFORE HOURS

PUBLIC POLICY SERIES

of Commerce, 211 N. Main St., Simpsonville; 8-9:30 a.m.

COST: Free to attend

CONTACT: 864-2421050

REGISTER AT: simpsonvillechamber. com

BNI CHAPTER, GREATER GREENVILLE

Commerce Club, 55 Beattie Place, Greenville; 7:30-9 a.m.

Poinsett Club, Greenville; noon

COST: $8.50 for pre-register or $12 at the door. Open only to Chamber members.

SPEAKER: S.C. Sen. Vincent Sheheen

CONTACT: Jennifer Richardson at jrichardson@ simpsonvillechamber. com

COST: $25 per person, includes lunch

LUNCH AND LEARN

CONTACT: Lorraine Woodward at 864239-3742 or if you are a Commerce Club member, contact Dot Drennon at ddrennon@ greenvillechamber.org

REGISTER AT: greenvillechamber.org CONTACT: Elizabeth Edwards at eedwards@ greenvillechamber.org or 864-239-3748

Mauldin Chamber of Commerce, 101 E. Butler Road, Mauldin; 11:30 a.m.-1 p.m.

REGISTER AT: greenvillechamber.org

Mauldin Chamber Business After Hours

SPEAKER: Anna Huntley, economic development specialist for SBA

SPEAKER: Rich Witowski

THE UPSTATE NETWORK GREENVILLE MEETUP

TOPIC: The Telephone Interview

CityRange, 615 Haywood Road, Greenville; 11:30 a.m.-1 p.m.

Musical Innovations, 150-G Tanner Road, Greenville; 5:30-8 p.m.

TOPIC: Government Financing Programs: SBA+USDA

RSVP to: info2@ mauldinchamber.org or call 864-297-1323

RSVP TO: info2@ mauldinchamber.org or call 864-297-1323

GREENVILLE EVENING ROTARY MEETING

SMALL BUSINESS OWNERS’ FORUM

Commerce Club, 55 Beattie Place, Greenville; 6 p.m.

Greenville Chamber of Commerce, 24 Cleveland St., Greenville; 11:30 a.m.-1:30 p.m.

Call Golden Career Strategies at 864-5270425 to request an invitation GSHRM COMMITTEE PLANNING MEETING Greenville Technical College, Buck Mickel Center, 216 S. Pleasantburg Drive, Greenville; 11:45 a.m.-1:15 p.m.

TOPIC: HR Management Conference CONTACT: greenvillehr@gmail.com

COST: Free to attend, but attendees pay for lunch. $99 for membership.

REGISTER AT: theupstatenetwork.net/ events CONTACT: 864-7067195 PIEDMONT EXECUTIVE CLUB (TOASTMASTERS) CityRange, 615 Haywood Road, Greenville; noon-1 p.m.

FOR INFORMATION: greenvilleeveningrotary. org

WEDNESDAY AUGUST 13 BUSINESS BEFORE HOURS Simpsonville Chamber

REGISTER AT: greenvillechamber.org

SPEAKERS: Reggie Gay, Jim Denning and Doug Lineberry of McNair Law Firm

CityRange, 615 Haywood Road, Greenville; noon-1:30 p.m.

COST: $15 for lunch CONTACT: Hardy Auston at 864-313-9942 or hdaustonmoving@aol. com DIVERSITY CONNECTIONS LUNCH CityRange, 774 Spartan Blvd., Spartanburg; noon-1:30 p.m.

SPEAKER: Beth Smith, Piedmont SCORE TOPIC: The You in Your Small Business CONTACT: 864-5945000 REGISTER AT: spartanburgchamber. com YOUNG PROFESSIONAL TOASTMASTERS Commerce Club, 55 Beattie Place, Greenville; 6 p.m.

TOPIC: The Small Business Legal Toolbox

COST TO VISIT: $5 to cover meeting space and one drink at the bar

COST: Free to Greenville Chamber members

FOR MORE INFORMATION: visit

yptm.toastmastersclubs.org

THURSDAY AUGUST 14 2014 WOMEN IN BUSINESS CONFERENCE Converse College, Barnet RoomMontgomery Student Center, 580 E. Main St., Spartanburg, 8 a.m.-1:30 p.m.

SPEAKERS: Francis Allen, Denny’s; Paula Fulgham, Innovate HR/Innovate Benefits; Cathy McCabe, Women Giving; Amy Love, SC Department of Commerce; Trish Springfield, The Palmetto Bank; Johnelle Brooks, CU-ICAR; Tracey Rankin, Happy Wheels; Ashley Fina, Michael C. Fina Co. COST: $50 per person REGISTER AT: spartanburgchamber. com CONTACT: 864-5945014 BNI Southern Fried Green Tomatoes, 1175 Woods Crossing Road, Greenville; 8:15-9:45 a.m.

CONTACT: Shanda Jeffries at 864-2282122 or sjeffries1@ allstate.com for invitation

JOIN THE 20 COMPANIES SHARING WORK AND EVENT SPACE IN THE HEART OF DOWNTOWN GREENVILLE www.JOINOPENWORKS.com 26

UPSTATE BUSINESS JOURNAL

August 8, 2014

Historic photograph available from the Greenville Historical Society.​

SNAPSHOT A quick look into the Upstate’s past

From “Remembering Greenville: Photographs from the Coxe Collection,” by Jeffrey R. Willis

Today the Professional Building remains but no longer serves as a physician office or pharmacy. The Tsunami Japanese sushi bar is located in the building that replaced the Texaco gas station. The road is no longer two-way; it serves as a one-way street southbound to the entrance of I-385.

GREG BECKNER / STAFF

On the left side of East North Street is a downtown gasoline station. Across the street, occupying most of the second block of East North, is the Professional Building, erected in 1920 by a consortium of physicians. H. Olin Jones was both the architect and the contractor. A door led from the street, up a broad set of stairs, to a large second-floor lobby. The physicians’ offices all opened from the lobby. One receptionist served all the offices, and retail space occupied the street level. The Professional Pharmacy was owned by Douglas Ross and John Ashmore.

MARKETING & EVENTS

IN THIS WEEK’S ISSUE OF UBJ? WANT A COPY FOR YOUR LOBBY?

Kate Madden

DIGITAL STRATEGIST PRESIDENT/CEO Mark B. Johnston mjohnston@communityjournals.com

UBJ PUBLISHER

ART & PRODUCTION ART DIRECTOR Kristy M. Adair OPERATIONS Holly Hardin

EXECUTIVE EDITOR

Michael Allen, Whitney Fincannon

MANAGING EDITOR Jerry Salley jsalley@communityjournals.com

SENIOR BUSINESS WRITER Jennifer Oladipo

STAFF WRITERS

Sherry Jackson, Cindy Landrum, April A. Morris, Joe Toppe

CONTRIBUTING WRITER Jeanne Putnam

PHOTOGRAPHER Greg Beckner MARKETING & ADVERTISING SALES REPRESENTATIVES Kristi Jennings, Donna Johnston, Annie Langston, Lindsay Oehman, Pam Putman

jackson Marketing Group’s 25 Years

Emily Price

Ryan L. Johnston rjohnston@communityjournals.com Susan Clary Simmons ssimmons@communityjournals.com

UBJ milestone

1988 Jackson Dawson opens in Greenville at Downtown Airport

1988

1997 Jackson Dawson launches motorsports Division 1993

1990 Jackson Dawson acquires therapon marketing Group and moves to Piedmont office Center on Villa.

>>

with a majority of them utilizing the general aviation airport as a “corporate gateway to the city.”

In 1997, Jackson and his son, Darrell, launched Jackson Motorsports Group. The new division was designed to sell race tires and go to racetracks to sell and mount the tires. Darrell Jackson now serves as president of the motorsports group and Larry Jackson has two other children and a son-in-law who work there. Jackson said all his children started at the bottom and “earned their way up.”

Jackson kept the Jackson-Dawson branches in Detroit and others in Los Angeles and New York until he sold his portion of that partnership in 2009 as part of his estate planning.

The company now operates a small office in Charlotte, but its main headquarters are in Greenville in a large office space off Woodruff Road, complete with a vision gallery that displays local artwork and an auditorium Jackson makes available for non-profit use. The Motorsports Group is housed in an additional 26,000 square feet building just down the street, and the agency is currently looking for another 20,000 square feet.

Jackson said JMG has expanded into other verticals such as financial, healthcare, manufacturing and pro-bono work, but still has a strong focus on the auto industry and transportation. It’s

Chairman larry Jackson, Jackson marketing Group. Photos by Greg Beckner / Staff

Jackson Marketing Group celebrates 25 years By sherry Jackson | staff | sjackson@communityjournals.com

Solve. Serve. Grow. Those three words summarize Jackson Marketing Group’s guiding principles, and according to owner Larry Jackson, form the motivation that has kept the firm thriving for the past 25 years.

Jackson graduated from Bob Jones University with a degree in video and film production and started his 41-year career in the communications industry with the U.S. Army’s Public Information Office. He served during

Vietnam, where he said he was “luckily” stationed in the middle of Texas at Fort Hood.

He left the service and went to work in public affairs and motorsports at Ford Motor Company in Detroit.

After a stint at Bell and Howell, where he was responsible for managing Ford’s dealer marketing and training, the entrepreneurial bug hit and he co-founded Jackson-Dawson Marketing Communications, a company specializing in dealer training and product launches for the auto industry in 1980.

In 1987, Jackson wanted to move back south and thought Greenville would be a good fit. An avid pilot, he

learned of an opportunity to purchase Cornerstone Aviation, a fixed base operation (FBO) that served as a service station for the Greenville Downtown Airport, providing fuel, maintenance and storage.

In fact, when he started the Greenville office of what is now Jackson Marketing Group (JMG) in 1988, the offices were housed on the second floor in an airport hangar.

“Clients would get distracted by the airplanes in the hangars and we’d have to corral them to get back upstairs to the meeting,” Jackson said.

Jackson sold the FBO in 1993, but says it was a great way to get to know Greenville’s fathers and leaders

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2003 motorsports Division acquires an additional 26,000 sq. ft. of warehouse space

1998 1998 Jackson Dawson moves to task industrial Court

also one of the few marketing companies in South Carolina to handle all aspects of a project in-house, with four suites handling video production, copywriting, media and research and web design.

Clients include heavyweights such as BMW, Bob Jones University, the Peace Center, Michelin and Sage Automotive. Recent projects have included an interactive mobile application for Milliken’s arboretum and 600-acre Spartanburg campus and a marketing campaign for the 2013 Big League World Series.

“In my opinion, our greatest single achievement is the longevity of our client relationships,” said Darrell Jackson. “Our first client from back in 1988 is still a client today. I can count on one hand the number of clients who have gone elsewhere in the past decade.”

Larry Jackson says his Christian faith and belief in service to others, coupled with business values rooted in solving clients’ problems, have kept

2011 Jackson marketing Group/Jackson motorsports Group employee base reaches 100 people

2009 Jackson Dawson changes name to Jackson marketing Group when larry sells his partnership in Detroit and lA 2003

2009-2012 Jackson marketing Group named a top BtoB agency by BtoB magazine 4 years running

him going and growing his business over the years. He is passionate about giving back and outreach to non-profits. The company was recently awarded the Community Foundation Spirit Award.

The company reaffirmed its commitment to serving the community last week by celebrating its 25th anniversary with a birthday party and a 25-hour Serve-A-Thon partnership with Hands on Greenville and Habitat for Humanity. JMG’s 103 full-time employees worked in shifts around the clock on October 22 and 23 to help construct a house for a deserving family.

As Jackson inches towards retirement, he says he hasn’t quite figured out his succession plan yet, but sees the companies staying under the same umbrella. He wants to continue to strategically grow the business.

“From the beginning, my father has taught me that this business is all about our people – both our clients and our associates,” said his son, Darrell. “We have created a focus and a culture that strives to solve problems, serve people and grow careers.”

Darrell Jackson said he wants to “continue helping lead a culture where we solve, serve and grow. If we are successful, we will continue to grow towards our ultimate goal of becoming the leading integrated marketing communications brand in the Southeast.”

2008 2012 Jackson marketing Group recognized by Community Foundation with Creative spirit Award

pro-bono/non-proFit Clients American Red Cross of Western Carolinas Metropolitan Arts Council Artisphere Big League World Series The Wilds Advance SC South Carolina Charities, Inc. Aloft Hidden Treasure Christian School

CoMMUnitY inVolVeMent & boarD positions lArry JACkson (ChAirmAn): Bob Jones University Board chairman, The Wilds Christian Camp and Conference Center board member, Gospel Fellowship Association board member, Past Greenville Area Development Corporation board member, Past Chamber of Commerce Headquarters Recruiting Committee member, Past Greenville Tech Foundation board member David Jones (Vice President Client services, Chief marketing officer): Hands on Greenville board chairman mike Zeller (Vice President, Brand marketing): Artisphere Board, Metropolitan Arts Council Board, American Red Cross Board, Greenville Tech Foundation Board, South Carolina Chamber Board eric Jackson (Jackson motorsports Group sales specialist): Salvation Army Boys & Girls Club Advisory Board

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