AUGUST 9, 2013
The New Business Environment
Virtual reality and holographic telepresencing aren’t science fiction anymore in the Upstate
Virtual reality head-mounted display unit with IVC Greenville’s Precision Point Tracking System takes users to any environment.
EXPERIENCE SPECIAL FEATURES IN OUR FIRST INTERACTIVE ISSUE!
Volume II, Issue XXXI
August 9, 2013
Worth repeating “To me what they’re doing is kind of a new world and where it goes, I couldn’t tell you.” robert judd, virtual design and construction specialist at KBR Building Group, on the virtual reality and holographic telepresencing work being done by IVC Greenville.
How to use tHis issue Unlock the interactiVe featUres in this issUe! follow these steps to download the blippar app, then look for the blippar logo to see exciting extras leap off the pages.
“Greenville needs more bright and talented women to raise their hand and join in leadership training programs like Leadership Greenville.” josephine McMullen, an alumna of Leadership Greenville Class 39.
clarification An article in the August 2 UBJ, “Bounce Files Chapter 7 Bankruptcy,” stated that “Bill Leslie founded the Bounce Agency in 1959 as Leslie Advertising.” In fact, Leslie did found Leslie Advertising in 1959, but in 2008 the company was sold to the group that later renamed it as Bounce. Leslie, who died in 1988, had no connection to the Bounce Agency.
Look for a major manufacturing conference moving from Charlotte to Greenville this year… Word is a “significant corporate entity” will be moving to a space in the newly re-branded Village of West Greenville…
“Many of the jobs I recruit for are CNC operators, welders, the little bit higher-skill jobs. There is a huge gap there. I cannot recruit enough people for these jobs. There is a training issue there.” johanna Gunter, area director of ReadySC, discussing the education gap in a recent Momentum conversation hosted by Greenville Forward.
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Chipotle Mexican Grill is coming to the Crosspointe plaza on Haywood road, former home of Circuit City and Toys R Us. Other new tenants include JoAnn Fabric, DSW Shoes and T.J. Maxx. Meanwhile, rumors of a Wal-Mart coming to Haywood road continue… A new city park could be coming to the stone avenue area…
Verbatim
On Downtown’s Transformation… “Three decades went into the business district’s revitalization, much of which centers around Main Street. Luxury residences have popped up in the past decade and business has been helped by the relocation of a baseball stadium in 2006.” Forbes, naming downtown Greenville one of “10 Transformed Neighborhoods,” along with Lower Manhattan, and neighborhoods in Baltimore, Denver, Fargo, Spokane and Oklahoma City. Read the article at bit.ly/forbesgreenville.
2 Upstate bUsiness joUrnal August 9, 2013
UBJ Dear UBJ readers, As the newly appointed digital strategist at Community Journals Publishing Group, I am thrilled to bring you upstatebusinessjournal.com, a site that not only delivers your local business news each week, but each day – straight to your desktop, laptop or mobile devices.
Photo by Paul Mehaffey
Today, in conjunction with our special Tech issue, this site has launched! We spent the past several months familiarizing ourselves with you. During the various phases of this process, we carefully evaluated what content and functionality you want, need and deserve from this site; we obsessed over visual, information, interaction and interface design options; we accounted for all the devices you may use to access our news; and we strategized what avenues we will take moving forward to offer you fresh and uniquely digital content. And now, after all of our hard work, upstatebusinessjournal.com is live. Our efforts are far from over. We will continue to improve the user experience of our site, as well as improve our methods for delivering you the newest local business news as it happens, effectively and efficiently. Our users are most important to us, and we want your feedback. Please email me any questions, comments, criticisms, praise or potential interest in unique digital advertising
Clothes don’t make the man – they make the difference. options to eprice@upstatebusiness journal.com. I must also point out this Tech issue is supplemented with our new Augmented Reality partner, Blippar. Please take the opportunity to download the application to your mobile device, and interact with both our print and digital products as you read through this issue. Onward and upward, emily H. price Digital Strategist
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TA I L O R E D
UBJ News
by the Purveyors of Classic American Style
Liberty Fellowship Names Class of 2015
“Ask Rush”
Men’s Fashion Q&A
The staff at Rush Wilson Limited uses our knowledge and experience to answer our clients’ questions about a wide range of topics such as, men’s fashion, etiquette and individual style.
cuffs on your suit pants, dress pants, and even khakis, whether they are pleated or flat front. Tuxedo pants are really the only pants you should not cuff.
Q A
What time of year is it appropriate to wear my seersucker suit? The season for a seersucker suit, like white bucks and white dinner jackets, is commonly considered Memorial Day to Labor Day. However, we live in the South. Our summers start earlier than Memorial Day and definitely last longer than the first weekend of September. We consider Easter, assuming it is warm, the earliest you should wear a seersucker suit. In the fall, enjoy it until Sept. 15th and then put it away.
Q A Q A
When is it appropriate to wear a hat indoors? When you are a chef, a surgeon, or the Pope! Otherwise, take it off inside—just like your mother told you!
Are pant cuffs out of fashion? Actually, cuffs are quite fashionable. Although the current trend is to wear flat front pants without cuffs, it is always appropriate to wear
Q A
How often should I dry-clean my suit or sport coat? The short answer is… as little as possible! Everyone requires a different schedule. If you work in an office and have a good rotation of suits, dry-cleaning once every year or so should be sufficient. However, if your profession requires you to be in and out of your car all day, especially in the summer, you may have to dry-clean more often. Between dry-cleanings, you can spot clean most spills. You can also ask your cleaner to “press only” if your suit is looking wrinkled or you are losing the crease in your pants. The dry-cleaning process is damaging to clothing. Proper care between cleanings will extend the life of your suits and sport coats.
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the liberty fellows class of 2015 was recently announced and includes: Peter Barth, managing director of The Iron Yard; Andrew Coburn, member of Wyche P.A.; K.J. Jacobs, principal of McMillan Pazdan Smith Architecture; Anna Locke, president and owner of A.T. Locke, PC; Joanie Martin, financial director of the passenger and light truck tire division of Michelin North America; Kerry Sease, program director of the pediatrics residency at Children’s Hospital of GHS; Ben Wallace, vice president of Azalea Capital; Gage Weekes, senior vice president of strategic initiatives at Hollingsworth Funds Inc.; and Geoff Wilson, vice president of corporate strategy and development at Milliken & Company. The Liberty Fellowship is a statewide leadership program founded
by Anna Kate and Hayne Hipp, Wofford College, and the Aspen Institute. The program recruits proven leaders from diverse fields and over a two-year period, immerses them in four seminars. Participants explore what makes a “just society” and through the program, develop strategies to solve problems leaders face in South Carolina. In addition, Liberty Fellows interact with Fellows from the Aspen Global Leadership Network in locations such as South Africa, Jordan, India, and China. Finally, Liberty Fellows are paired with a mentor and commit to a personal leadership project focused on the state in the first two years of the program. For more information, visit libertyfellowshipsc.org.
Davis to Head Sandlapper Securities sandlapper securities announced last week that financial services industry veteran Howard Davis was named president. Before joining the real estate and property management firm, Davis was director of corporate finance with Financial West Investment Group in Los Angeles. Jack Bixler, co-owner, national sales manager and executive vice president of the firm’s Managing Broker-Dealer division, said in a statement that Davis will lead the day-to-day representative relations and development for the firm and expand its presence in investment banking. “Having built and run brokerdealers and seen them through
challenging expansion periods, it made sense to align with someone of Howard’s experience,” founder and CEO Trevor Gordon said in a statement. “We have gotten to know Howard over the years, working together on industry projects and discussions, and are comfortable that he is the right person for the job.” An independent broker-dealer based in Greenville, Sandlapper has offices throughout the country. Sandlapper Securities LLC is part of the group of affiliates that includes Sandlapper Capital Investments, Sandlapper Wealth Management, TSWR Development and TSWR Fund Management.
Minority Business Accelerator Accepting Nominations has 34 firms in in its portfolio worth an average of $29 million, up from an average of $7 million when the program began. Preferred industries for the Upstate are manufacturing, professional services, transportation, construction, IT, energy and healthcare. Among the criteria, companies must be in the $100,000 to $5 million range with a positive historical growth trend. Organiza-
tions should have two or more fulltime employees, and should not be home-based. Other programs are available for organizations that do not meet the criteria or who do not make it into the first group due to size limitations. Nominations close August 16. Full information and nomination forms are available at greenville chamber.org/minority-business-accelerator.php.
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Elliott Davis Welcomes Heigel
Photo provided
By Jennifer Oladipo | senior business writer joladipo@communityjournals.com
elliott davis announced wednesday that former Duke Energy South Carolina president Catherine Heigel will join the firm’s executive team and consulting practice as corporate strategies officer. She will serve in an advisory role for consulting clients in the energy, governmental, manufacturing and distribution, and construction sectors. Heigel had previously spent one year as executive vice president, general counsel and corporate secretary with American Transmission Company in Wisconsin before returning to the Upstate for personal reasons. She served in various positions at Duke Energy before that. At Elliott Davis, one area of focus will be sustainability strategy planning, which includes the interrelated
environmental, competitiveness and other concerns with which she was intimately involved while working in the energy industry. Heigel said she expects to see more small and medium-sized organizations looking to adopt a disciplined sustainability approach to their businesses. Her role in those cases would be to assess options such as rates, power generation, utility rates and related tax incentives, as well as assess risks related to energy and commodity prices. “We’re giving [Heigel] pretty much a blank sheet of paper from which to help build this practice,” said Rick Davis, managing partner of Elliott Davis. Wanting to gain the benefit of her experience, the firm created the niche for Heigel after learning of her availability, he said.
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Serving the Upstate for 59 years Catherine Heigel
Heigel, who had a private law practice from 2003 to 2006, said she appreciates the return to working with a diversity of clients. She was excited that her new role would allow her to step into organizations with the objective eye of an outsider, which will be “hugely freeing.”
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nominations close next week for the Greenville Chamber of Commerce one-year Minority Business Accelerator (MBA) program set to launch in the fall. The program is seeking high-potential minority-owned businesses in its 10-county service area. The MBA will include business development services, mentoring and connections to help participants do business with large corporations. The Chamber said similar programs in other cities such as Charlotte and Cincinnati have reported favorable results. Cincinnati’s program has run for 10 years through the Cincinnati USA Regional Chamber. That program
August 9, 2013 Upstate bUsiness joUrnal 5
UBJ INNOVATE
By TERRELL MILLS
New Paths and Potholes for Startup Funding we have all heard of the importance of small and startup companies to the recovery of our economy, and so did Congress. With job growth in mind, the Jumpstart Our Business Startups Act (JOBS Act) was signed into law April of last year to help small and startup businesses prosper. The JOBS Act primarily focuses on making investment capital more accessible for startup companies, which is sorely needed in South Carolina. Although the newest addition to the JOBS Act aims to help startups, they may actually hinder them and make existing methods for raising capital more difficult. The JOBS Act provides multiple methods to achieve its objective of accessing investments, some of which are subject to rules and regulations being written and adopted by the Securities and Exchange Commission (SEC). Two of the most anticipated by startups are the ability to use crowdfunding and the ability to use general solicitation and advertising in private offerings. Both have seemed teasingly close for the past year, but have been waiting on the SEC to adopt the associated rules. While crowdfunding has not pre-
viously been an option for raising capital, private offerings are a key source of startup funding. In 2012 over $900 billion of investment was raised by over 50,000 issuers through private offerings, with the offerings having a median size of $1.5 million. Though private offerings are not limited to use by small companies, these statistics suggest that many offerings are being made by small companies and emphasize
through online promotions, advertising and social media as well as traditional approaches. However, as the 18th century English poet Samuel Coleridge noted, “Good and bad men are less than they seem.” The same can be said for these rules. While the adoption of these rules has opened a new path for raising investment, this path comes with new potholes that the startup businesses must navigate.
Although the newest addition to the JOBS Act aims to help startups, they may actually hinder them and make existing methods for raising capital more difficult. the importance of these offerings to startup growth. Imagine the boosts to startups if funding can be more easily raised. While we continue to wait on rules for crowdfunding, on July 10, 2013, the SEC finally adopted the rules removing the prohibition on general solicitation and advertising in private offerings. This brought forth a flood of eager startups wanting to take advantage of this new opportunity to find investors
First, the companies are subject to increased filing obligations with the SEC. Companies have always had to file an informational form that provides basic information on the company, the nature of the offer, and the exemption that the company is relying upon in the offering. With offerings that use general solicitation, the filing requirement is being expanded to include both pre- and post-offering filings, increased information in filings and filings of all
of the offering and solicitation materials. These additional requirements are likely to add significantly to the cost of an offering. Second, the companies are faced with new, stricter requirements on validating investors. Any company using general solicitation can only accept investment from accredited investors, which are generally highnet-worth individuals or companies with a strong financial position. Additionally, companies cannot rely upon the investor to certify to its financial position; the company must verify that the investor meets the accredited investor status. The SEC has suggested that this be done by having the investor submit tax returns or bank and mortgage account statements or have the investor’s status certificated by a third party, such as the investor’s accountant, attorney or financial planner. This requirement is the one most likely to chill potential investors. It is unlikely investors will be willing to provide detailed financial data. Therefore, this will lead to a reliance on certifications from third parties to validate investors’ financial qualifications. While advisors may offer this service, it will likely add time to the process and be costly,
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Crowdfunding by the numbers EstimatEd numbEr of crowdfunding platforms worldwidE:
EstimatEd funds raisEd by crowdfunding platforms worldwidE:
2012
536 434 283 2011
2010
as these advisors must spend time analyzing the financial data and assume risk and potential liability with the certification. While the new path may be less than it seemed, there are still old familiar paths. Right? Maybe not. The existing rules remain in place for private offerings and continue to be available to startups. However, the line that defines the behavior that the SEC considers general solicitation can be grey and thick. Further-
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more, with the new rules, additional penalties have been adopted that prohibit the use of the private offering exemption for up to a year if a company fails to file the proper forms. So, startups need to be more conservative in their behavior to clearly stay within the current rule, which will make this old path less productive. Or more likely, prudence will dictate that the new path is the safest path, making it more likely to be taken, even with its potholes.
Terrell Mills is an attorney with Wyche P.A. and heads its entrepreneur services group. Additionally, he is a member of UCAN and a supporter of its startup community.
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August 9, 2013 Upstate bUsiness joUrnal 7
UBJ DIGITAL MAVEN
By LAURA HAIGHT
Creator or Curator What’s your social media profile? there are players and spectators, doers and observers, those who can do and those who teach. In social media, there are creators and curators. A creator is a person, thoughtleader or company that develops unique content on blogs, social media. Someone other people read and follow. A curator is one who reads, evaluates and publicizes content. Most of us are practicing curation without really thinking about it. That’s what you’re doing every time to share a link or retweet a post. But there are more formal curation methods that let you create digital publications from content you and your readers, clients or customers may be interested in. There are tools to help. They range from super simple to much more full-featured (read that: pricey). Here’s a look at a few: You might overlook this at first, but Pinterest (pinterest.com) is a curation tool. I know! I thought it was just for shopping, too. A cool way to tag a great pair of shoes. But as most things on the Internet, it has outgrown its programming. Pinners have determined for themselves what it’s going to be – and it turns out there are a lot of organizations out there building boards with interesting content they want to share. These boards, of course, are only on Pinterest so you can point people to them or hope that Pinterest users stumble across them, but that’s as far as it goes for publicizing your efforts. Paper.li lets you create online newspapers from a variety of content sources, trending tags and contributors. Your paper is virtu-
ally published with refreshed content on your customized schedule. You can publicize your work in a variety of ways: by sharing on social sites, by getting subscribers who get each new edition emailed to them, or – for an upgrade fee of $9 per month – you can embed the code in your website. I set one up (paper.li/f-1333812961) on virtual events and online meetings. The challenge is that you really have to watch the content. All kind of content gets pulled in and you – as the editor/publisher – have control over whether to include it and how to display it. If you aren’t really watching, a lot of junk creeps in. Depending on how active a role you want to take, paper.li could have many great features or lots of drawbacks. You really have to review the content, but you can control where it appears and how it is displayed, and remove unwanted posts. Because the first time
Most of us are practicing curation without really thinking about it. That’s what you’re doing every time to share a link or retweet a post. But there are more formal curation methods that let you create digital publications.
you see most of these stories is when they appear in your paper, the format is promising but requires a lot of work from you. Flipboard (flipboard.com) is a great tool that in just the past two weeks got even better. Flipboard is a mobile app that aggregates content on the Web into magazine-style pages. As a program to make your social media reading more accessible, it is great. But it also lets readers create their own magazines. The Flipboard magazines require that you populate them: As you read other content in Flipboard, you can “flip” it into one of your magazines, or as you read or come across things online, you can use a bookmarklet to save a Web page into your magazine. The magazines can be only for you – a way to aggregate things you wanted to save for later reading – or for distribution. Although responsively designed for mobile use, they can now be viewed online as well. While Flipboard is more themeoriented, Storify (storify.com) is a great way to curate an event or a single issue. It pulls in content across the Web based on searches, hashtags or other specifics. Like Flipboard and Paper.li, there’s a bookmarklet to let you grab content for your story as you browse Web pages. For free, you can create as many stories as you want and embed them in your websites or blog. For a business upgrade, you can rid yourself of ad support, create branded stories that match your website in color, look and feel, or add more users. These are just the tip of the iceberg – and generally I’ve looked at those most accessible factoring
in cost and ease of use. But if you’re a bigger company and want a much more business-oriented publishing solution, there are plenty of programs out there from Pressjack to Curata and everything in between. You’ll find about 60 of them at bit. ly/UBJcuration. Although it is an old term, curating on the web is one of the most engaging ways of making sense out of what can often seem to be just digital noise. Got a question or comment about this or any other tech topic? Go to facebook.com/thedigitalmaven and post it for discussion.
Laura Haight is the president of Portfolio (portfoliosc.com), a communications company based in Greenville that leverages the power of technology and digital media to communicate effectively with clients, customers and your staff. She is a former IT executive, journalist and newspaper editor.
8 UPSTATE BUSINESS JOURNAL August 9, 2013
UBJ News Duke Energy Requests More Fees for Fuel Costs
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“Innovation is our calling card, so we needed a
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Carolina. The company said more than 90 percent of the proposed fuel rate increase was driven by an overly large credit to customers’ rates last year. Otherwise, fuel costs have only marginally increased when compared to current rates. Duke is allowed by law to recover costs that do not result in profit. The company said in a statement that the net effect of the two filings, if approved by the PSC, would be an increase of $7.62 per month on a typical 1,000-kilowatt-hour (kWh) residential bill – increasing the price to $108.07 from the current $100.45. These rates do not include the proposed increase to base rates currently under review by the PSC.
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last week duke energy filed a request with the state Public Services Commission (PSC) to add an additional $7.62 fuel cost increase to customer bills in October. The company also filed a request to increase the monthly customer charge used to pay for expanded energy efficiency and demand-side management programs. These increases would be in addition to increases already requested by the company over the next two years, though they would not result in profits for the company. The request is intended to adjust fuel and demand-side management/energy efficiency (DSM/EE) charges for customers in South
Residential
bank with innovative solutions. That’s why we chose The Palmetto Bank and their Commercial Banking Team. Their local decision making and flexibility are crucial to our growth-mode business plan. We can’t afford to wait in this industry. They provide the lending solutions and customized cash management tools which enable us to grow. The Palmetto Bank gives us the edge we need. They get it.” - Michael Bolick Selah Genomics, Biotechnology
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whether you believe leadership is inborn or cultivated, the Greenville Chamber of Commerce’s Leadership Greenville program has been lifting up leaders since 1973. This August, the program is celebrating its 40th class. Citizens from various professions have been participating in the program that helps to develop “informed, committed and qualified leaders for Greenville County.” The 10-month program has created standouts in everything from local politics to environmental activism. Participants apply and commit to attending monthly meetings and experiential trips on economy, government, justice, education, quality of life, human services and state government. Classes don’t just hear presentations, they take part in an initial retreat and team-building exercises, later visiting and touring spots that represent the month’s theme, said Russell Stall, day facilitator and graduate of Class 31. Stall typically leads a discussion after each session. A goal is to help participants learn about all aspects of their community, both good and bad. One of the most fascinating experiences for Stall was a ride-along with the sheriff’s department. “You see parts of Greenville at times of day that you wouldn’t normally see,” he said. The most positive session is often the one focusing on local education, he said. Stall said he learned a great deal: “I grew up here and I thought I knew everything about Greenville.” During the discussions, said Stall, “Leadership Greenville gives you the freedom to ask questions, but Leadership Greenville doesn’t give the answers. It’s a pretty intense 10 months.” Organizations submit requests filling certain needs and each class takes them on as community projects, dividing into several groups to do multiple projects at once. Some of those projects have been
Guiding Greenville Leadership Greenville celebrates 40 classes, cultivating local leaders By april a. Morris | staff amorris@communityjournals.com
a.J. Whittenberg elementary school students find a bug of interest during a visit to the Bon secours st. Francis Community Garden. One of the projects of leadership Greenville Class 35 was the Bon secours st. Francis Community Garden. The class helped plan and fund the garden shared by the sterling community.
in 1981, leadership Greenville graduated its seventh class. Nearly 2,000 people have participated in leadership Greenville since 1973.
10 Upstate bUsiness joUrnal August 9, 2013
huge successes, like Class 24’s plan to revitalize the Reedy River falls and surrounding park. Other classes have created public gardens, adopted schools or nonprofits and revitalized nonprofit facilities. Some projects don’t go according to plan, said Stall, like the idea to make a “planet walk” that would create a display of planets and their relative distances from each other in downtown Greenville. Some ahead-of-the-curve projects were the dog park in Cleveland Park and a bike-sharing idea, which eventually evolved into B-Cycle, he said. Alex McNair, graduate of Class 34 and class speaker, said he is happy to see his group’s stalled 2007 project, revitalization of the Poinsett Corridor, now gaining traction. Anne Ellefson, shareholder and managing director of Haynsworth Sinkler Boyd, became interested in Leadership Greenville through her father, Phil Southerland, who was a member of the first class. Ellefson was part of Class 16 in the late 1990s. “It was a good way to get an overview of the community and what forces were at work in the community,” she said. It also gave her an idea of what volunteer efforts she wanted to pursue, she said. The Class 16 project, Jackson Achievers, involved adopting elementary-aged students who lived in the Jesse Jackson Townhomes, setting academic goals and offering incentives. The project culminated in a banquet where Jesse Jackson spoke. Ellefson added that a student in the Jackson Achievers program contacted her several years ago when he was joining a Leadership Greenville class. Participants bond while working toward a common goal, said Stall. Because the group is intentionally diverse, there can be personality conflicts. “It’s a fascinating amalgam of people,” he said. Stall said while the program is not free (cost is approximately $2,500 for Chamber nonmembers), it is af-
Top photo by Greg Beckner; bottom photo provided
UBJ leadership
leadership greenville class 40 david K. anna Wyche, P.A.
cheryl l. grant SyNNEX Corporation
Bradley r. Mathisen Acumen IT
gregory d. Baney City of Greenville, Greenlink
paul d. greene Gallivan, White and Boyd, PA
ronnie r. Milligan Jr. Eastern Industrial Supplies, Inc.
John Boyanoski Complete Public Relations
curt O. hall uBS Financial Services Inc.
stacey d. Mills uSC upstate
curtis M. Bull The Turner Agency, Inc.
Jason c. halliburton The Halliburton Law Firm, LLC
Joshua l. Moore-vingia Studio 7
valerie B. chatman Lockheed Martin Aeronautics
ryan T. heafy ADEX Machining Technologies
Joshua M. Morris Robert Half Technology
John r. cocciolone Greenville County Disabilities and Special Needs Board
Melodie r. hudson The Spinx Co.
cynthia s. crick uS Representative Trey Gowdy
robert e. hughes Hughes Development Corporation
Mary c. crisp Bridges to a Brighter Future at Furman university Braddock g. cunningham Network Controls angelia l. davis The Greenville News/Greenvilleonline.com
rashida Jeffers Greenville County Redevelopment Authority ryan l. Johnston Community Journals, LLC Matthew e. King Goodwyn Mills Cawood
Melissa M. nichols Julie Valentine Center Taunja c. pool Summit Drive Elementary Wendi d. rodgers SC Office of the Governor Guardian ad Litem Program caroline M. schultz TD Bank lauren simer Greenville Technical College Jocelyn T. slaughter Miracle Hill Ministries
rebecca h. davis Center for Developmental Services
dee W. Kivett NextGen Supply Chain Integrators
Janet l. Thompson Greenville Health System
Marjorie M. dowd Greenville County Schools
aaron J. Kramer TD Bank
Brian M. Tindall LS3P/Neal Prince Studio
charles a. eldridge Michelin North America
anne F. lamb BB&T
Jill a. ellwanger BB&T
Joshua d. lyall Jackson Marketing Group
James M. Trent Womble Carlyle Sandridge & Rice LLP
Jane harrison c. Fisher Coldwell Banker Caine
reece c. lyerly Greenville Forward
schylver v. Foster BMW Manufacturing Co., LLC
Matthew T. Madden Elliott Davis
andrés J. garcía-crespo General Electric Gas Turbines
Michael O. Madden City of Greenville Police
Wilbur r. gay iii Bon Secours St. Francis Health System
Jessica s. Marchant GE Power & Water
ryan J. grafft Sempra u.S. Gas & Power
Joe c. Marett iii Greenville County Sheriff’s Office
fordable compared to other leadership programs in the region. Class members are sponsored through their employers and others through scholarships, he said. Only one participant from a single company, nonprofit or sponsor is allowed. And when asked whether it’s worth it, Stall said, “It completely transforms people’s lives.” McNair added it “bound us together as a community.” At the closing retreat, participants talk about the experience and some pledge to run for public office, Stall said. Case in point: Graduating from
anne K. Tromsness The Warehouse Theatre Benjamin r. Urueta DP3 Architects, LTD debra c. Wallace Verdae Development, Inc. nika c. White Greenville Chamber Kimberly Witherspoon Haynsworth Sinkler Boyd P.A. John p. Workman Dority & Manning, Attorneys At Law, P.A.
the program encouraged Stall to start the nonprofit Greenville Forward. Josephine McMullen, director of business development for Natrium LLC and graduate of Class 39, said she participated to “forge connections with other people who have a lot of drive, are achievement-oriented and are approaching their lives as entrepreneurs.” The experience has inspired her to serve on the Greenville Tech ESL advisory board and on the board of TEDx Greenville. She also plans to pursue creating an organization to address
leadership Greenville Class projeCt hiGhliGhts SEE IF yOu RECOGNIzE SOME OF THESE COMMuNITy PROJECTS. (PROJECTS BEGAN WITH CLASS 14)
.C l a s s 14 .
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leadership park: downtown visual park, Reedy River corridor draft ideas
Conceptual design for pedestrianfriendly corridor to heritage green
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children’s garden: Linky Stone Park
Nature trail, outdoor learning center amphitheater for Monaview elementary school
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hollis elementary school playground equipment and park
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reedy river project: Draft concept ideas for the Reedy River corridor
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shoeless Joe Jackson community park
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canine corner: new dog park in Cleveland Park
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Bon secours st. Francis community garden: planned and funded a garden shared by the Sterling community
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swamp rabbit station: rehabilitated rail car and pocket park on GHS Swamp Rabbit Trail
disTingUished alUMni aWards 1990 – Michael Jaskwhich 1991 – Paul B. Ellis, III 1992 – George W. Fletcher 1993 – William O. Carpenter 1994 – Susan Hoag 1995 – Frederick F. Carpenter 1996 – Daniel Fraser League 1997 – Joseph D. Swann 1998 – Dr. Sarah Ann Fletcher 1999 – Dr. Baxter M. Wynn 2000 – Merl F. Code
quality of life issues in Greenville, she said. Like Stall, McMullen said that she learned new facts about her adopted hometown, like the relationship between the former mill villages and present-day poverty and crime. “This enduring sense of humility about what I know about Greenville was the most important thing I took away from my LG39 experience,” she said. Encouraging women to participate in Leadership Greenville is also
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
– Michelle R. Shain – John A. Redmond – Ann M. Wright – Minor M. Shaw – Carl S. Sobocinski – Frank D. Pinckney – Mack I. Whittle – C. Dan Joyner – Senator Jim DeMint - Nancy Whitworth - Dr. Judith S. Prince
important, added McMullen, whose class of 59 had 22 women in it. “Greenville needs more bright and talented women to raise their hand and join in leadership training programs like Leadership Greenville.” There are Leadership Greenville graduates scattered throughout the community and they leave with a built-in support system, the alumni association. The connectedness is a positive result, said Stall. “In any significant organization in Greenville, somewhere there’s a connection to Leadership Greenville.”
August 9, 2013 Upstate bUsiness joUrnal 11
UBJ LEADERSHIP
By JULIE GODSHALL BROWN
How to Get and Keep That CEO Position thinking about applying for that chief executive officer position at the corporation of your dreams? Before you put a down payment on the Porsche you’ve always wanted, remember that a company’s top title often comes with a hefty salary or extra perks for good reason. It’s important to step back and examine your strengths, experience and motivation to see if you are committed to not only becoming a CEO but to successfully leading a company and guiding its staff. Though there are certain overall leadership qualities all CEOs should demonstrate, specific strengths required for success vary tremendously depending on a company’s unique situation. We often think of a CEO as a charismatic person with a strong personality along the likes of Donald Trump. In fact, individuals with strikingly different leadership styles can be successful as chief executive officers. Many successful CEOs are actually quiet, goal-oriented visionaries. Shareholders and executive boards often recognize that a management style that worked in the past may be very different from the CEO who will lead their organization into the future. For many years, CEOs of large organizations may have come up through the ranks of the organization with “home-grown” knowledge of the business. Today, the average CEO tenure is much shorter. The pace of change in business is faster than ever and the type of leader an organization needs may vary depending on where the business exists on the life cycle continuum. For example, an organization that is ready to expand into global markets may choose to bring in a new leader with global business experience if it
Before you put a down payment on the Porsche you’ve always wanted, remember that a company’s top title often comes with a hefty salary or extra perks for good reason. does not have that skillset already amongst its leadership ranks. An organization that is planning growth by acquisition may select a CEO who has prior successful experience in mergers and the necessary cultural integration that follows. The overarching requirement for all CEO roles is a successful track
record in leadership. A candidate should come to the table with broad knowledge of each functional area of business and a strong financial base that allows them to objectively evaluate and drive an organization to profitability. Strengths of the hiring organization’s existing management team
will determine any additional skills necessary for its new CEO. For example, an organization that already has great depth in its management team may not require a CEO to have specific industry or product knowledge. Other times, an organization’s structure or size may require the CEO to be on the front line of the sales and public relations efforts. Skill sets that can easily translate from one industry to another are also appealing, such as in the consumer products arena. The company may require a CEO who has a consumer products background but not necessarily with the specific product (e.g., men’s razors). I believe there is a realization that the firms that lead their markets in the future will not only have the top talent on their team but will have the leadership strategy to utilize that talent effectively and efficiently. Future organizations will likely operate in a nontraditional manner. Companies will continue to operate in a global marketplace that requires them to be quick and nimble. Most business leaders will tell you that a CEO’s first 30 days with a new organization are critical. Use the time to ask questions, listen, and gather information from a variety of sources. A new leader has a window of opportunity to learn about the organization’s strengths and weaknesses related to everything from financials to talent. To set a successful course, a leader must fully understand the current status of the organization – the good, the bad and the ugly. Talk with current leaders in all sectors of the business, including customers and suppliers. Identify gaps on the existing team, and bring new talent on board to fill these areas.
Julie Godshall Brown is president of Godshall Professional Recruiting and Staffing. She has placed CEOs and other C-level talent for more than 45 years. The company focuses on talent placement in the technical, financial, healthcare and general professional markets.
12 UPSTATE BUSINESS JOURNAL August 9, 2013
UBJ News
Photo provided
BMW Begins X5 Production production of the third-generation BMW X5 began last week at the Spartanburg plant. The first car to roll off the line was an M50d, which has a six-cylinder inline diesel engine with M Performance TwinPower Turbo technology. The final second-generation X5 Sports Activity Vehicle was produced at BMW’s South Carolina plant on Friday, June 28. It has been in production since March 2010. The company reported sales of that model increased 17 percent last month compared to July 2012, putting it among the company’s top performers. Overall, BMW brand sales were up 12.9 percent n July for a total of 24,043 compared to 21,297 vehicles sold in July 2012. Year-to-date, the
BMW brand is up 11.3 percent on sales of 164,474 compared to
147,801 sold in the first seven months of 2012.
BMw spartanburg associate Carolyn Tate performs a quality inspection of the new X5.
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COVER STORY
A New
REALITY for Business
One company brings virtual reality and holographic telepresencing to the Upstate By JENNIFER OLADIPO | senior business writer
among business tools, virtual reality and holographic telepresencing might have the highest science-fiction-come-true factor. Yet IVC Greenville has made it its mission to make the Southeast a hub for business uses of these technologies the way Washington, D.C., is a hub for military applications and Los Angeles for entertainment, said founder and managing member Melanie Hill. IVC, Interactive Visualization Center, opened a year ago. The company designs custom simulation and 3-D modeling software, and also sells systems to organzations who will use them frequently and want their own in-house. Last month IVC Greenville added telepresencing to its list of available services, and has facilitated domestic and international meetings. Today’s telepresence technology produces a sharp, real-time version of Princess Leia’s re-
corded image imploring Obi-Wan Kenobi for help in the first “Star Wars” movie. Teleprescencing did not receive serious mainstream attention until last year. That was when superstar rapper Tupac, who had died in 1996, was “resurrected” holograpically at a live concert. That raised issues in the music industry about profits generated by long-dead performers. Elsewhere in the business world, holograms bring a more natural touch to long-distance communications. They surpass video conferencing that doesn’t allow eye-to-eye contact often needed for sensitive topics or serious negotiations. Communications occur directly between parties, without a service provider in the middle, which makes them secure, IVC says. Fans of the “Star Trek” holodeck or the “Call of Duty” video game franchises might appreciate
14 UPSTATE BUSINESS JOURNAL August 9, 2013
virtual reality systems, which are accurate to within 0.25 millimeters. They allow an uncannily realistic experience of a place or building that may not even exist, allowing for more precision in project planning and training. The military is currently the heaviest user of the technology for combat training. Models can be created from photos, laser scans, blueprints or computer-aided drafting (CAD) files. The virtual reality system is mobile, so could be set up in various locations. Both technologies have evolved over recent decades, but they are still not readily accessible to most organizations, certainly not in this region.
THE REALITY OF BUSINESS Hill said large companies have been the most responsive to the potential uses of the technol-
See Jennifer Oladipo using virtual reality behind the scenes.
KNOW THE TERMS HOLOGRAPHIC TELEPRESENCE: an evolving technology for full-motion, 3-D video conferencing. Systems can project realistic, full-motion, real-time 3-D images of people and objects into a room, along with real-time audio communication. The images are captured, compressed, transmitted over a broadband network, decompressed, and projected using lasers.
Photo by Greg Beckner
LEFT: Nick Kinerd demostrates the head-mounted display of the Precision Point Tracking System at the IVC Greenville office; RIGHT: Melanie Hill of IVC Greenville appears to be having a conversation with herself during a demonstration of holographic telepresence at the company’s West Broad Street office. The system features a holographic projection onto a clear glass angled in front of the camera, a design which allows for true eye-to-eye videoconferencing.
ogy. Construction companies have shown the most interest in the software, and area architects have also begun to take note. “At this point, globally 500 companies have used [IVC technology], but not across all the areas where it could be applied,” she said. As with any new or new-to-the-market product, Hill said client education is still a big part of her job. The small startup currently lacks a marketing budget, and Hill said it’s hard to communicate the difference between her products and the rest of the market with demonstrations. However, growth continues. Hill is intent on creating jobs for graduates in the field who mostly migrate to other locales. Two of her employees graduated from Clemson’s Master of Digital Computing program. There are two more employees and several contractors with whom IVC works.
VIRTUAL REALITY: a computer-simulated environment that can simulate physical presence in places in the real world or imagined worlds. Most current virtual reality environments are primarily visual experiences, displayed either on a computer screen or through special stereoscopic displays, but some simulations include additional sensory information, such as sound through speakers or headphones. Some advanced systems now include tactile information, generally known as force feedback, in medical and gaming applications. Sources: TechTarget, Wikipedia
“We’ve got a talent pool here, and right now our talent pool is fleeing to the West Coast,” she said. But she hopes to employ them throughout the Southeast soon: Connections in Charleston and Charlotte are expected to materialize into offices in those locations by the end of the year.
ENVIRONMENTS FOR GROWTH Hill is also looking at the nuclear power industry for potential customers, which has a major presence in the state. As its workforce ages, a 2011 estimate said 25,000 new operators would be needed by 2015. Hill said IVC has a role to play, helping trainees learn how to deal with hazards in a safe environment, for instance. In any industry, the technology can help employers assess how well somebody knows a process by seeing how they react to variables.
Robert Judd, virtual design and construction specialist at KBR Building Group, said his company has looked into how IVC technology could expand on its own modeling capacity. KBR clients could take three- rather than two-dimensional tours through building projects. “To me what they’re doing is kind of a new world and where it goes, I couldn’t tell you,” Judd said. “The potential is limitless as far as being able to see what a building’s going to look like before it’s constructed and, in our case, work out conflicts and coordination issues.” Hill is wont to rattle off a host of potential applications for the technologies IVC is developing. As more companies become curious and begin to think about how they might fit their own businesses, we may see some of them become common business practice.
August 9, 2013 UPSTATE BUSINESS JOURNAL 15
UBJ MADE HERE
Whipping Golfers Into Shape Hackenberg’s invention for struggling golfers, the Orange Whip, is also a hit with top pros By Leigh Savage | contributor lsavage@communityjournals.com
See the Orange Whip trainer demoed by a pro. Watch video here.
The head of the Orange Whip Trainer.
The Orange Whip Putting Wand.
jim hackenberg dreamed of golfing on the PGA Tour, but ended up helping other golfers achieve their goals instead. After working as a PGA Tour caddy and teaching pro for seven years, he came up with the idea for a device that would help golfers of all abilities achieve a more athletic swing. He introduced the Orange Whip golf trainer in 2008, and has since sold more than 80,000
units – just under 30,000 last year – and is poised for more growth as he expands to more big box stores. The Orange Whip, along with the other products made by Jimmy Hack Golf, are handmade in Easley using American-made materials. Running a company and inventing golf training products may not have been what Hackenberg had in mind as a young golfer, “but I’m very
16 UPSTATE BUSINESS JOURNAL August 9, 2013
happy with the way it developed,” he said. “As a wannabe tour player, my mind was always thinking, how can I get better? Now I can make other golfers better.” How did you become a PGA caddy and teaching professional? I was a walk-on at Arizona State the same year Phil Mickelson was
a freshman, so we were on the golf team together. I graduated from Oregon State. I ended up becoming a PGA Class “A” teaching professional, and I taught in the summer in Martha’s Vineyard and in the winter in La Quinta, Calif. It was an interesting seven years. I also caddied in 2003 and 2004 for Patrick Moore and then again for a player named Glen Hnatiuk. I
Photos provided
A golfer trains with the Orange Whip Trainer while standing on the Orange Peel.
“i started using the orange Whip during golf lessons, and they would say, ‘Can i buy that from you?’ a lightbulb went off: i should start a business.” Jim Hackenberg, inventor of the Orange Whip
it won’t work. It’s balanced in a way that creates a nice rhythm.
The handles of the Orange Whip Trainer, Orange Whip Hickory and Orange Whip Golden.
It was developed for beginning golfers, but it works for expert golfers as well? It was for the purpose of helping bad or beginning golfers, but fortunately the really good players love it. A hundred and fifty players are using it on the PGA Tour and another 150 on the other tours. Guys like U.S. Open winner Graham McDowell; Justin Rose, who won this year; Vijay Singh, Trevor Immelman and Retief Goosen. They all use it. The better players use it as a way to loosen up and stretch the body, find their rhythm. Poorer players use it to learn to make a golf swing. Why did you settle in Easley to found your company and manufacture your product?
caddied 30 events but always kept my teaching job.
Photo provided
How did you come up with the idea for the Orange Whip? As an instructor, the most frustrating thing I dealt with is golfers who hold on very tightly to the club and aggressively slam into the golf ball instead of swinging athletically. I
try to teach people to just relax, but it’s difficult for people to accept that. What I noticed is that when good players are swinging, it looks like a ball on the end of a chain. I thought of a mace. There was a lot of trial and error with fishing rods that broke and other devices I experimented with, but finally the Orange Whip developed. It’s so flexible, if you try to force swing it,
I started using the Orange Whip during golf lessons to help people understand what I’m trying to convey, and they would say, “Can I buy that from you?” A lightbulb went off: I should start a business. I could pick anywhere to do it, but I chose South Carolina for a couple reasons. I have a brother and his family in Powdersville, and a sister and her family in Spartanburg, so I figured I would go where I’d have support. My niece Mandy has worked with me since day one on accounting, customer service, marketing, promotions. Also, there are a lot of golfers in this area.
What was the biggest challenge in getting the company off the ground? Just getting the message out. This is a device that a lot of people really like, and they understand it. There are lots of debates about why a person should do this and that in golf, so I expected some negative response, but I didn’t get it. So early on, it was just the challenge of getting 10 or 15 minutes with people. As a PGA member, I worked hard to get it into golf clubs so people were aware of it. Pretty soon, they were asking for the Orange Whip in big-box stores, so now we’re in a lot of those. What are your plans for the future? We’ve got three sizes of the Orange Whip: small, medium and large. We also have the Orange Peel, a balance platform you stand on, that’s been out for two years, and we just brought out the Orange Whip Putting Wand a few months ago. We have nine employees plus me, so we might need to add staffing in production, accounting, customer service—and we’re trying to figure out if we need more sales reps. We’ll just keep following our motto, “Making golfers better.” Learn mOre: orangewhiptrainer.com
August 9, 2013 Upstate bUsiness joUrnal 17
UBJ The Takeaway
By Ana Parra, Community Relations Director, Greenville Forward
The Momentum of Opportunity Community leaders meet for a conversation on income, employment and education
Inspired by a recent study on national income mobility conducted by the Equality of Opportunity Project and featured in the New York Times, the discussion point for August was “Climbing the Income Ladder,” a conversation on Greenville’s economy and the opportunities for employment. 1. The Income Gap Greenville County seems to be doing better than most of the country on unemployment rates, but there’s a clear need to also provide a living wage and skills to the labor market. “In 2011 there were about 2,000 jobs open in a one-month period. About 40 percent of those jobs required that you have an associates degree or better. The vast majority of those jobs did not necessarily require an education, but when you look at the income distribution if you have less than a high school diploma, you’re making about $12.60 per hour, based on the available jobs. If you have a high school diploma you’re making another $6, so you’re making about $18 per hour; if you have an associates degree or better you’re roughly making $26 an hour. So you can
look at the heavy income disparity.” – Curtis Askew, president of DataNgine Consulting LLC 2. ResouRces needed foR employmenT “Transportation is a big problem for a lot of my constituents. We have the idea in Greenville that we don’t need that much transportation. We drive our cars. And quite often a lot of these people, they can get to a job in an outlying area, but there’s no transportation to get them back home.” – Xanthene Norris, Greenville County councilwoman 3. challenGes foR academIc InsTITuTIons The economic downturn caused people to return to school to increase their education and potential for employment. Unemployment also created new challenges for Greenville’s colleges and universities. “If you’re out of work, your family is suffering and there’s the possibility of losing your home. Academic work requires a lot of concentration and a lot of effort. Now you’ve got somebody who hasn’t been in school for a while, trying to be retooled, with all those extra pressures. So as instructors and as an institution
18 Upstate bUsiness joUrnal August 9, 2013
you become more than just a teaching facility.” – Lenna Young, dean of business and public service, Greenville Technical College 4. maTchInG skIlls wITh jobs “I’m at the table recruiting businesses to come to Greenville County. I tell them we have a great workforce that has a great work ethic. Many of the jobs I recruit for are CNC operators, welders, the little bit higher-skill jobs. There is a huge gap there. I cannot recruit enough people for these jobs. There is a training issue there.” – Johanna Gunter, area director, ReadySC
evenT: Momentum facIlITaToR: Greenville Forward who was TheRe: Community leaders in business, education, government and nonprofits TopIc: Climbing the Income Ladder
5. GReenvIlle’s TexTIle heRITaGe “Our textile heritage is a great thing to hang our banner from a historical standpoint, but it also does a bit of a disservice. There’s a huge misconception about what a CNC machinist does, there’s a huge misconception about what it is going into manufacturing, and we’re not teaching that at a lower grade level so when students come out they have the basic knowledge of what that takes. It’s not simply standing on a line and watching things go through. It’s a highly mathematical oriented job.” – Brock Koonce, business and community relations manager, Brown Mackie College 6. nexT sTeps “I think guidance counselors need to be focused on too, especially elementary and middle school. They are so overworked. And they don’t know what most of the jobs entail, especially the manufacturing jobs. If you don’t get them out to Bosch or if you don’t get them to BMW or some place where you can see what high-tech manufacturing looks like, they think back to the mills. They need to be educated so that they can share with children. “ - Linda Gallicchio, associate director, Clemson University Rutland Institute for Ethics The next Momentum will be at noon on September 5 at the Greenville Chamber. Register online at greenvilleforward.com.
Photo provided
Conversations ignite Change. Understanding the power of dialogue, Greenville Forward focuses on creating conversations, through programs like the monthly Momentum series. The series, which is open to the public, is an intimate community conversation where a local visionary facilitates a moderated dialogue on topics ranging from social services to youth engagement.
UBJ New to the Street 1 w
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For more information, call 864-228-9600 or visit eepaperboutique.com.
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2. the Arts Company, located at 1451 Woodruff Road, Suite B, in Greenville, recently held their ribbon cutting. They offer a variety of unique gifts and works of art from numerous regional and national artists, including many local artists. For more information, call 864675-3808 or visit artscomp.com.
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4. Sheldon Porter recently opened a new State Farm Insurance office at 307 Mills Ave. in Greenville. His hours of operation are MondayFriday from 9 a.m.-5 p.m.
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For more information, call 864-235-2536. Brookfield Pkwy
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5. Bon Secours St. Francis recently moved their Central Business office in Greenville to a 35,750square-foot facility at 1200 Brookfield Parkway. The move created 130 positions and allowed for between 70-80 new hires or external candidates in the office.
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Photos provided; Sheldon Porter provided by Greenville Headshots
For more information, call 864-605-6680.
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3. Palmetto State Armory recently opened their Greenville location at 1040-A Woodruff Road in Greenville, the former location of Gattitown. The official grand opening will be Aug. 17. They are open Monday-Saturday 10 a.m. to 8 p.m. and Sunday 1 to 6 p.m.
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1. the emily elizabeth Paper Boutique recently opened at 109-A N. Main St. in Simpsonville. The boutique will offer quality paper products including event invitations and stationery. Stock and customizable products will be available. The boutique will specialize in wedding, birthday party, shower and dinner party invitations.
August 9, 2013 Upstate bUsiness joUrnal 19
UBJ Square Feet
GSP 360 Aimed at Airport Development Opportunities By Sherry Jackson | staff sjackson@communityjournals.com
port’s 11,000-foot runway, are also well-established and poised to add capacity as both the Inland Port and GSP 360 increase demand. “There are very few airports in the country that can put all of those elements together,” said Kevin Howell, vice president and chief operating officer of GSP Airport. On the website, each of the nine tracts has been given a letter, A through I, and has been identified by how the land would best be used; Aviation, Logistics/Distribution, Office, Retail, Industrial, Service, Hospitality, or Recreation/Public. Designations were given based on location, proximity to the airport, topography and land use types. Tracts range from 60 to 700 acres
20 Upstate bUsiness joUrnal August 9, 2013
with the largest site best suited for a large industrial-type use. Howell plans to meet with local economic groups, and he and his staff plan to have one-on-one meetings with developers and industry trade groups. “The goal of GSP360 is to get the word out that GSP is open for business,” he said. Howell said the first project on tract H is underway and will be a 450,000-square-foot distribution facility, but he wouldn’t name the tenant. “They aren’t ready to make a public announcement yet,” he said. The combination of all of the different transportation modes together makes these properties very appealing, Howell said, adding that there has been quite a bit of interest so far but
no further deals have been inked. “GSP has a place for businesses. We’re expanding beyond the terminal,” said Howell. For more information, visit the website at gsp360beyondthe runway.com.
Photo provided
last week gsp airport officials announced GSP 360, a new website and marketing effort designed to get the word out about surrounding tracts of land that are prime development opportunities. The initiative is the result of a study completed by the airport in 2012 on land use planning and development. The study identified nine tracts of land, approximately 2,000 acres, which are located close to the airport and are available now. Each tract is ideally situated in close proximity to GSP International Airport, Interstate 85 and Interstate 26. Extensive rail service will be enhanced by the presence of the South Carolina Inland Port. Air cargo services, utilizing the air-
DealMaKers Spectrum commercial propertieS announced: rob Brissie recently represented the landlord in the lease of a retail space at Park Center, 5115-5119 Calhoun Memorial Hwy., Suite 5115-C, Easley, to Rochester Book and Bible. Jack Snedigar recently represented KENTWOOL Development in the lease of a 3,200 SF office space at The
Historic Chamber of Commerce Building at 135 S. Main St., Greenville, for the offices of SC Charities Inc., the entity that hosts the BMW Charity Pro-Am Tournament every year. Jack Snedigar recently represented KENTWOOL Development in the lease of a corporate executive suite to MedPoint LLC to be used as their corporate headquarters at 135 S. Main St., The Historic Chamber of Commerce Building.
collierS international announced: Givens Stewart and richard Jackson brokered the sale of 28.61 acres at Parkway East in Duncan to Stone Mountain Park Inc. Stewart and Jackson represented the seller, Hillside Partnership I, in the transaction. lanGSton-Black real eState inc. announced: roger Barnes recently represented the seller, Wells Fargo, and buyer, One Greer Public Storage LLC, in a transaction involving three buildings
Facelift Approved for BoA Tower
consisting of 212,000 SF of warehouse space and 13 acres of land. The property is located on Victor Hill Road in Greer close to BMW and the new S.C. Inland Port. lee & aSSociateS announced: kevin Bentley recently represented Asset Enterprises Inc. in purchasing the +/26,640 SF building and land at 3431 N. Industrial Drive, Simpsonville, that was the former Simpsonville Chevrolet facility. Asset Enterprises provides and supports checkout solutions for supermarkets and retailers throughout the U.S. They currently have
three facilities and will be consolidating their operations into the new location in Simpsonville.
to Eaton Corporation, a power management company and energy provider.
randall Bentley and peter mackinnon recently represented LA Dance Factory & Company, a new health and gymnastics training facility for children and young adults in the Upstate, in leasing a +/-8,968 SF flex space at 450 Fairforest Way, Greenville. The facility will focus on areas such as health, fitness, competition dance, cheer and acrobatics.
randall Bentley represented the seller of the +/-22,000 SF industrial space at 561 Woodruff Road in Greenville to Jackie Mauldin’s Collision Repair. Mauldin had been leasing the space.
randall Bentley represented the lessor in leasing a +/-25,000 SF industrial space at 309 Tucapau Road, Duncan,
austin Guest represented the landlord in leasing a +/-2,500 SF first-generation flex space at 119 Ian Court, Spartanburg, to K & G Fabricating Inc., a light manufacturing company. This space will house their first location in the Upstate in the very near future.
REDUCED!
Photo provided
By Sherry Jackson | staff sjackson@communityjournals.com
a multi-million facelift for the Bank of America tower in downtown Greenville was given the green light last week. The City of Greenville’s Design and Review Board approved plans by Hughes Development Corporation to update and renovate the building located at 101 N. Main St. Plans include renovations to the lobby, updates to mechanical equipment and exterior areas and upgraded elevators. The renovation will also alter the base of the tower to create four floors of available innovative space set off by 4,000 square feet of glass to serve as the building’s new façade. The first floor has been designated for retail, and newly created common areas on the fourth floor will include outdoor patios, basketball court, bocce court and other amenities, and will be avail-
109 FLEETWOOD DRIVE Medical REDUCED!
able to all of the building’s occupants. The building will be flanked by parking decks on both sides, which will connect more than 1,300 parking spaces. NAI Earle Furman, who will be handling the lease office spaces on the second, third, fourth, ninth and 16th floors, said that “each floor boasts between 12-13 thousand square feet of space with views of Greenville’s ever-changing skyline and has the option to be fully customized to meet the needs of any prospective company.” The renovation is expected to create a new urban focal point in Greenville’s downtown.
103 CLEVELAND STREET Retail REDUCED!
Robert L. Brissie, Jr. Broker-Associate
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August 9, 2013 Upstate bUsiness joUrnal 21
UBJ The Fine PrinT
CU-ICAR Building Receives LEED Gold Certification The Center for Emerging Technologies (CET) at CU-ICAR recently received LEED Gold certification from the U.S. Green Building Council. The CU-ICAR campus already houses one LEED Silver and three LEED Gold buildings. The project recently received the SC AIA Honor Design Award in May. Designed by LS3P, and constructed by Sherman Construction, the CET provides 35,000 square feet on two upper levels for offices and 25,000 square feet of high-bay space for research labs. Sustainable features in the design include highly efficient recyclable integrated metal panel skin, pervious pavement systems, and high-efficiency lighting systems. The project is designed
to accommodate startup companies performing applied research. “We are proud to have received this certification, a tribute to our focus on collaboration and sustainability,” said Fred Cartwright, executive director for CU-ICAR, in a release. The building design anticipates frequent changes in users of both the office space and the lab space. The office areas feature raised, accessible flooring to accommodate quick changes in the HVAC, power distribution and data infrastructure. The lab areas feature open high-bay space with grade-level access and a full range of utility systems. The structural frame maximizes open space with minimal conflicts for column bays.
Clemson Students Concept Car Revealed a next-generation mazda concept vehicle, conceived and engineered by Clemson University automotive engineering students at the Clemson University International Center for Automotive Research (CUICAR), was unveiled at the Center for Automotive Research Management Briefing Seminars in Traverse City, Mich. The Deep Orange 3, with body panels designed by student Frederick Naaman at the Art Center College of Design in Pasadena, Calif., was unveiled Monday. Derek Jenkins, design director
Silver Crescent Accepting Nominations the nonprofit silver crescent foundation is now accepting nominations for its annual recognition of excellence in the manufacturing industry. The Silver Crescent Award recognizes excellence in small, medium and large manufactur-
ing operations demonstrating superior performance in each of seven “Crescents of Excellence.” Last year’s winners were Cytec Industries of Aiken County, Southern Weaving of Greenville and Nucor Steel of Mount Pleasant.
22 Upstate bUsiness joUrnal August 9, 2013
All manufacturers in South Carolina which have been in continuous operation for at least three years on June 1, 2013 and which have not earned the award in the last three years are eligible and encouraged to apply.
for Mazda North American Operations, said in a Clemson press release that being part of a college program of this caliber that focuses not just on one aspect of a vehicle, but the vehicle as a whole, is an automaker’s dream come true. “These students have provided fresh and inventive ideas from sketch pad to sheet metal, and the final product truly speaks to that open dialogue and collaboration between the Art Center College of Design and Clemson University,” Jenkins said.
UBJ quarterlies
sCBt
Palmetto Bancshares In its fourth straight quarter of gains, Palmetto Bancshares Inc. reported a decrease in net income in last week’s quarterly 10-Q filing for the period ended June 30. The holding company for The Palmetto Bank said in a release that net income had dropped to $1.5 million from $2.2 million the previous quarter because of a $1.9 million increase in credit-related expenses, primarily due to a writedown on one problem asset.
Palmetto Bancshares saw a drop in expenses for borrowed money to $503,000 from $1.3 million, and the provision for loan losses dropped to $670,000 from $8.5 million. Palmetto Bank has recently increased staffing in the trust and financial planning areas. Most recently, the company announced last week that Brian Neill was added as a financial advisor with Palmetto Investment Professionals.
PalMettO BaNCsHares iNC. (NasDaq: PlMt) tOtal assets Q2 2013 $1.1B
Q2 2012 $1.2B
+/-8.1%
Net iNCOMe Q2 2013 $1.5M
Q2 2012 $-7.1M
The Columbia-based SCBT Financial Services announced last week that it completed its merger with First Federal Bank, held by First Financial Holdings Inc., and will operate as First Federal, a Division of SCBT until conversion is completed in mid-2014. The merger is expected to cost $24-30 million and will generate about 30 percent cost savings by the end of the year, the company said in a conference call. The merger brings together South Carolina’s seventh- and eighth-largest
First FiNaNCial HOlD COMPaNies iNC. (NasDaq: sCBt) tOtal assets Q2 2013 $3.2B
Q2 2012 $3.3B
Q2 2013 $7.9M
Q2 2012 $12.6M
+/-37%
DiluteD earNiNGs Per sHare +/17.4%
$0.74
+/-29%
KeMet
Greer Bancshares Greer Bancshares Incorporated, the parent company of Greer State Bank, reported a huge increase in net income over the same quarter in 2012. Net income rose to nearly $7.8 million for the quarter ended June 30 compared to just over $1.1 million in the same quarter of the prior year. The company said in a news release that the gains were due largely to a credit to the loan loss provision for $1.7 million, as well as a non-cash
+/-3.9%
Net iNCOMe
+/120%
DiluteD earNiNGs Per sHare $0.12
banks to create the state’s fifth-biggest bank. Combined assets will total $3.3 billion, and combined revenues about $15.8 million. The name of the company changes from SCBT Financial Corporation to First Financial Holdings Inc., but the company’s common stock will continue to trade under the symbol SCBT on the NASDAQ market. Figures in an earnings release for the quarter ended June 30 showed SCBT’s asset health improved, with nonperforming assets down $7.7 million.
reversal of the deferred tax asset valuation allowance of $5.6 million. The company said the non-cash reversal of the loan loss provision reflected a reduced loan portfolio size and improved loan portfolio credit quality metrics. The non-cash reversal of the deferred tax asset valuation allowance reflected sustained profitability and improved earnings that support the ability to utilize the deferred tax asset in the future.
The Simpsonville-based electronic components manufacturer reported nearly doubled losses for the quarter ended June 30 compared to the same quarter the previous year. In its August 2 quarterly filing, the company reported net losses of $35.1 million compared with a loss of $17.8 million in the same quarter of the previous year. Net sales were $202.7 million for the quarter, down 9.3 percent from a year ago. During a conference call with investors, the officials said disruptions in the supply chain that led to the
discontinuation of a relationship with a South African supplier were are significant factor in the losses. On the other hand, they highlighted increasing demand in the laptop and mobile phone markets and an expected increase in the tablets, which have been weaker. During the quarter the company announced layoffs throughout its international operations that should result in a savings of $3.8 million per quarter. That included 37 employees and 27 contracted workers at KEMET’s Simpsonville facility.
Greer BaNCsHares iNC. (OtCBB: GrBs)
KeMet COrP. (NYse: KeM)
tOtal assets
Net sales
Q2 2013 $370M
Q2 2012 $377M
+/-1.8%
Q2 2013 $202.7M
Q2 2012 $223.6
Net iNCOMe Q2 2013 $7.8M
Net iNCOMe
Q2 2012 $1.1M
+/593%
DiluteD earNiNGs Per sHare $3.12
+/-9.3%
+/593%
Q2 2013 $-35.1M
Q2 2012 $-17.8M
+/-97%
DiluteD earNiNGs Per sHare $-0.78%
+/-95%
August 9, 2013 Upstate bUsiness joUrnal 23
UBJ ON THE MOVE HIRED
HIRED
HONORED
PROMOTED
Dr. Bruce Snyder
Ming Lee
Wesley M. Boyce
Dr. Matthew L. Miller
Phyllis Martin
Elected to serve on the inaugural board of the South Carolina Health Coordinating Council. Snyder is a vascular surgeon with Greenville Health System and president of the South Carolina Medical Association. The council’s mission is to improve patient care, improve the health of populations and reduce the per capita cost of health care.
Joined The Furman Co.’s Carolina Center for Foreign Investment (CCFI) as an investment relations manager. Prior to joining The Furman Co., he worked as an attorney at the South Carolina Immigrant Victim Network, a legal intern at Pacific Gateway Capital Group, and a law clerk with Greenville County.
Joined Nachman Norwood & Parrott Wealth Management Consultancy as vice president and financial advisor. Boyce was previously with Elliott Davis Investment Advisors. Before that, he served as an aviator in the U.S. Navy, had multiple deployments to the Middle East and was selected to serve in the White House.
Selected for the 2013 Best of Greenville Award in the Physicians & Surgeons category by the U.S. Commerce Association (USCA) for the sixth consecutive year. Miller is a board-certified dermatologist with Greenville Dermatology. The USCA “Best of Local Business” program recognizes outstanding local businesses throughout the country.
Named vice president for strategy and investment at United Way of Greenville County. Martin has worked at United Way since 2008. She has worked in the nonprofit sector since 1995 and has served in the roles of development director, chief operating officer and executive director. She is a graduate of Florida State University.
GODSHALL Professional Recruiting Staffing Consulting
Photos provided
ELECTED
HIRED Recently joined JHM Hotels as vice president of sales and marketing. Smith was most recently at Dolce Hotels & Resorts. He also worked with Starwood Hotels and Resorts, Richfield Hospitality and Omni Hotels. His primary responsibility is for revenue generation at all JHM Hotels while supporting the company’s commitment to customer satisfaction and profitability. He leads a team comprised of several regional directors of sales, the marketing group, and revenue management team. BANKING/FINANCE: The Palmetto Bank and Investment Professionals Inc. jointly announced the addition of Bryan Neill as a financial advisor with Palmetto Investment Professionals. Neill was most recently a financial advisor with Merrill Lynch in Greenville and holds a Series 7, Series 66 and insurance license. Global View Investment Advisors recently announced that Stephen Gary joined the company as an associate. He graduated from Furman University in 2012 with a B.A. in economics and was a member of the baseball team there. His focus in the firm will be in marketing coordination, client relations management and investment research.
Photo provided
COMMUNITY: The Rotary Club of Greenville has named its 2013-14 officers. Judith Sosebee Prince will serve as the 98th president of the group; Russell H. Stall has been named secretary; Jill Rees Kintigh is treasurer and Philip B. Watson is president-elect. EDUCATION: Five Oaks Academy announced that Beth Love will join the school as a Science and Humanities Directress in Upper Elementary and Middle School. Love has 35 years of experience in teaching pre-K through eighth grade. Her certification in Montessori Secondary Education/Middle
MICHAEL SMITH
School is through Washington Montessori Teacher Education in New Preston, Conn. LEGAL: Haynsworth Sinkler Boyd P.A. recently announced that Anne S. Ellefson was sworn in as the treasurer of The South Carolina Bar Board of Governors at the group’s annual meeting in May. Ellefson previously served as the secretary of that organization. F. Matlock (Matt) Elliott has been elected chairman for The South Carolina Bar Torts and Insurance Practices Section for 2013-2014. He is a litigator with more than 25 years of experience. Sarah P. Spruill, a graduate of the South Carolina Governor’s School for Science & Mathematics, was named to the board of the school’s alumni association. Spruill previously served as president of the organization in 2007-2008. Gleaton Wyatt & Hewitt recently announced that David Wyatt, a partner in the firm, has been appointed to the Foundation Board for the John de la Howe School. Wyatt is an adjunct professor at the University of South Carolina School of Law, president of Wyatt Sports, director of the South Carolina College All Star Bowl and CEO of the SC Football Hall of Fame. NONPROFIT: Generations Group Homes, a local nationally accredited nonprofit dedicated to
stopping and preventing the cycle of sexual abuse among at-risk boys, recently announced Paul Warner as its newest board member. He is the financial controller for Stueken LLC in Fountain Inn. PUBLIC RELATIONS/ MARKETING: Jackson Motorsports Group (JMG) recently welcomed Julie Holmes Lyall as its newest account representative. Lyall recently served two years in Jackson Marketing Group as media and research coordinator and operations coordinator. Previously, she worked in marketing at FGP International. Erwin Penland has added Emma Church, Eric Frost, Caroline Hennigar, Vivian Kisstoth, Hannah Kunkel, John Macaluso, Kristin Patterson and Emily Tumlin to its team in Greenville. Church joins Erwin Penland as a senior media buyer and has previously served as a broadcast negotiator for Omnicom Media Group in New York City. Frost joins Erwin Penland from PlowShare Group, a public service announcement group in Alexandria, Va. Hennigar joins the Verizon sponsorship team as an assistant account executive. Kisstoth has been hired as a graphic designer, working primarily on the Denny’s account. Kunkel, the newest addition to the public relations team, will serve as an assistant account executive
for the Bojangles’ and Denny’s accounts. Macaluso will work in the creative department as an assistant copywriter serving a variety of clients including Denny’s and Verizon. Patterson, who previously worked at Torque Creative in Anderson, joins Erwin Penland as a business analyst. Tumlin, who previously interned with Greenville Area Development Corp., will serve as an assistant account executive on the Verizon retail and promotions team. ZWO [formerly Woodward and Zwolinski] has selected Alex Ahumada and Kiley Arbo as marketing interns and Nora Brazell, Annie Churdar, Sarah Leugemors, Ashley Selby and Ashley Weaver as design interns for its annual Summer Intern Mentoring Program. Ahumada attends the University of South Carolina and is majoring in advertising and business management. Arbo is majoring in violin performance at Furman University, and is the assistant concertmaster of the Furman Symphony Orchestra. Brazell is pursuing a BS in graphic communication at Clemson University and has served internships at OOBE, a uniforms and apparel company, and Heidelberg USA, a company in the print media industry. Churdar, who is majoring in graphic design and English literature at Anderson University, has worked in Amsterdam, and worked as a new product designer at Billiam Jeans. Churdar is a winner of a 2013 National Gold ADDY award, as well as two 2013 District 3 Gold ADDYs. Leugemors is pursuing a major in graphic design at Anderson University and has won a 2013 Silver ADDY award at AAF Greenville. Selby, who serves as the senior advertisement designer for student newspaper The Auburn Plainsman, has also served an internship at KTM Solutions. She is working towards a B.A. in journalism with a concentration in visual journalism from Auburn University. Weaver is pursuing
a major in graphic design at Pensacola Christian College. DNA Creative Communications recently welcomed Katie Ward as a new account coordinator. Ward has previously worked as a graduate intern with DNA and Smoak PR in Greenville. She holds a B.A. in communication studies and a minor in public relations from Clemson University. REAL ESTATE: The Urban Land Institute recently welcomed Steve Navarro, president and CEO of CBRE The Furman Company, as a new member of its board of directors. ULI’s mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. TECHNOLOGY: EDTS, a technology consulting firm, has hired Aubrey Petkas as marketing and administrative assistant. Petkas has over four years of marketing, graphic design, communications, event planning and administrative support experience, most recently with Augusta Technical College and a regional promotional supply firm. SYNNEX Corporation, a distributor of IT products and services, recently announced that four of its prominent female executives – Mary Ellen Grom, vice president, U.S. Marketing; Denna Mensch, vice president, technology solutions marketing; Reyna Thompson, vice president, integrated communications; and April Petty, senior director, field account executives – have been recognized by UBM Tech Channel’s CRN magazine as 2013 Women of the Channel. TRANSPORTATION: Richard Wade recently joined AeroFlight Solutions LLC, an international flight planning services company, as operations manager. Wade brings over 30 years of international flight planning experience to AFS.
August 9, 2013 UPSTATE BUSINESS JOURNAL 25
UBJ PlANNER fRIDAy AuGuST 9 youNG PRofESSIoNAl ToASTMASTERS SocIAl Blues Boulevard by the Reedy River, 300 River St., Suite 203, Greenville; 6-8 p.m. Event is free to those interested in finding out more about Young Professional Toastmasters. contact: Jarrett Broadwell 864-230-0433
MoNDAy AuGuST 12 GcS RouNDTAblE The Office Center at the Point, 33 Market Point Drive, Greenville; 8:30-9:30 a.m. Speaker: Myles Golden Topic: Gaps in Employment Call Golden Career Strategies at 864-527-0425 to request an invitation
MAc uSERS GRouP Grace Baptist Church, Choir Room, 5020 Old Spartanburg Road, Taylors; 6:30-8:30 p.m. Attendees share tips, discuss the latest news and enjoy
the company of other Macintosh users.
TuESDAy AuGuST 13 buSINESS bEfoRE houRS The Commerce Club, One Liberty Square, 55 Beattie Place, Greenville; 7:30-9 a.m. Open only to Chamber members. cost: $8.50 for those who pre-register online or $12 at the door. Chamber members who are also members of the Commerce Club can bill this event to their accounts. contact: Dot Drennon at ddrennon@greenvillechamber. com if you are a Commerce Club member. If not, contact Lorraine Woodward at 864-239-3742.
SMAll buSINESS RouNDTAblE (SPARTANbuRG SbDc) Spartanburg Library (Headquarters/Downtown), 151 South Church St., Spartanburg; 9:15 a.m.-noon Topic: Marketing Your Small Business cost: Free Register at: workgroups. clemson.edu/SBDC_
Workshops/form.php contact: Beth Smith at 864-592-6318 or es2@ clemson.edu
fAMIly buSINESS AfTER houRS Musical Innovations, 150-G Tanner Road, Greenville; 5:30-8 p.m. Features a hot dog bar by Sonic, Riverside Marching Band, and acoustic performance from Noel “Kidman” Riddle. RSVP to: info2@ mauldinchamber.org or 864-297-1323 by Aug. 12.
youNG PRofESSIoNAl ToASTMASTERS The Commerce Club, One Liberty Square, 55 Beattie Place, Greenville; 6 p.m. cost to Visit: $5 to cover meeting space and one drink at the bar for more information: visit yptm.toastmastersclubs.org
youNG EXEcuTIVE NETwoRkING (40 AND uNDER PRofESSIoNAlS) The Commerce Club, One Liberty Square, 55 Beattie
Place, Greenville; 6-7:15 p.m. cost: $5 for members, $10 for guests contact: Dylan Petrick at 232-5600 or dylan.petrick@ ourclub.com
ThuRSDAy AuGuST 15
wEDNESDAy AuGuST 14
uPSTATE GRASSRooTS MEETING & MEMbERShIP REcEPTIoN
PElhAM PowER bREAkfAST
BMW Manufacturing, 1400 Highway 101, Greer; 3:30-7 p.m.
Countybank, 3431 Pelham Road, Greenville; 8-9 a.m. cost: Free for Greer Chamber members Register at: greerchamber.com
GSA TEchNoloGy couNcIl lEARNING luNch Embassy Suites Hotel, 670 Verdae Blvd., Greenville; 11:30 a.m.-1 p.m.
DIVERSITy coNNEcTIoNS CityRange Steakhouse Grill, 774 Spartan Blvd., Spartanburg; noon-1:30 p.m. Guest Speaker: Dr. Edwin Cordero, Sherman College Topic: Adding Life to Your Years and Years to Your Life This event is open to all
members and guests. contact: Doug Gregory at 864-594-5000 or dgregory@ spartanburgchamber.com
cost: Free contact: SC Chamber at 803-799-4601
MEET AND GREET The Springs at Simpsonville, 214 E Curtis St., Simpsonville; 5-7 p.m. contact: Allison McGarity at amcgarity@simpsonville chamber.com.
PulSE coNNEcTS: cc PEARcE culINARy School DINNER Project Host, 525 S. Academy St., Greenville; 6 p.m. Dinner is reservation only and will cost between $20-$25. contact: Tracy Olson at olsontracy31@gmail.com
GoT A hoT DATE? Contribute to our Planner by submitting event information for consideration to events@upstatebusinessjournal.com
STAff wRITERS Sherry Jackson, Cindy Landrum, April A. Morris SENIoR buSINESS wRITER Jennifer Oladipo PRESIDENT/PublIShER Mark Johnston mjohnston@communityjournals.com ubJ ASSocIATE PublIShER Ryan Johnston rjohnston@communityjournals.com EXEcuTIVE EDIToR Susan Clary Simmons ssimmons@communityjournals.com MANAGING EDIToR Jerry Salley jsalley@communityjournals.com
coNTRIbuTING wRITERS Dick Hughes, Jenny Munro, Jeanne Putnam, Leigh Savage INTERN Keith Sechrist ART & PRoDucTIoN ART DIREcToR Richie Swann PhoToGRAPhER Greg Beckner PRoDucTIoN Holly Hardin
26 Upstate bUsiness joUrnal August 9, 2013
MARkETING & ADVERTISING MARkETING REPRESENTATIVES Lori Burney, Mary Beth Culbertson, Kristi Jennings, Donna Johnston, Pam Putman MARkETING & EVENTS Kate Banner DIGITAl STRATEGIST Emily Price
how To coNTRIbuTE SToRy IDEAS: ideas@ upstatebusinessjournal.com
bRAND STRATEGIST Austin Hafer Copyright @2013 BY COMMUNITY JOURNALS LLC. All rights reserved. Upstate Business Journal is published weekly by Community Journals LLC. 148 River Street, Suite 120, Greenville, South Carolina, 29601. Upstate Business Journal is a free publication. Annual subscriptions (52 issues) can be purchased for $65. Postmaster: Send address changes to Upstate Business, 148 River St., Ste 120, Greenville, SC 29601. Printed in the USA.
EVENTS: events@ upstatebusinessjournal.com
NEw hIRES, PRoMoTIoNS, AwARDS: onthemove@ upstatebusinessjournal.com
UBJ SNAPSHOT
Historic photograph available from the Greenville Historical Society
Effective Strategic Planning Today’s business world is so fast paced and ever changing, that most of us tend to focus on the day to day. Although we have our future goals in mind, daily life often overwhelms us. The daily “to do list” becomes our guiding principle instead of the future minded Lee Yarborough strategic plan.
From “Remembering Greenville: Photographs from the Coxe Collection,” by Jeffrey R. Willis
Top photo provided; Bottom photo by Greg Beckner
Today the restaurant is gone, but the building remains. The area is in the heart of the Pendleton Street Arts District and part of the Village of West Greenville, which more than 30 local artists call home.
View on Google Maps. Blipp here.
We are also evaluating our metrics and measurement tools. Defining how we measure success and failure is certainly a part of our strategic plan. To stay current, we must remain willing to evolve and that means that our metrics will change periodically. New software, procedures and personnel can change our metrics; therefore our internal measurements must constantly be evaluated. What was important yesterday may not be important today. Are we getting the data we need to truly evaluate the successes and failures of our business? Personally, this ongoing training is very helpful and is forcing me to take time to think long term again. So, if you haven’t done so lately, dust off your old mission statement. Sit down with your team and discuss your strategy and vision. Take time out of your daily schedule and make an appointment to plan your future. As the saying goes, “Failing to plan is planning to fail.”
669 N. Academy Street, Greenville, SC 864.679.6055 | 800.446.6567 | www.propelhr.com M43A
Before it was annexed by the city of Greenville, West Greenville was an incorporated town with its own government and elected officials. One of the most popular eating places in the community was Hosea’s Restaurant, located on Pendleton Street. In 1949 Hosea Marrett Sr. purchased the corner restaurant from his uncle, Red Whitney. The location was walking distance from three mills, Brandon, Judson and Dunean. Because the mills operated on a 24-hour schedule, the restaurant itself never closed. On its matchbook was the slogan “Hosea’s Never Closes.” Before there was a Krispy Kreme and fast-food restaurants, the mailmen and the milkman met at Hosea’s before their deliveries every morning. Hosea’s (pronounced “hosey’s”) also served as a convenience store. Behind the counter were cigars, pocket knives, medicines and handkerchiefs. At lunch and dinner, meat and vegetables dominated the menu. At Sunday dinner, patrons lined up on the street to be seated. Hosea Marrett was an active Shriner and sent a cake to every child at the Shriner’s Hospital on his birthday. Following his death in 1975, the restaurant was sold.
That is why the management team at Propel HR is currently receiving leadership training. We are reviewing our values, mission and vision. We have always had these ideals, but this activity is forcing us to quantify and update. It has also driven us to work towards long term goals instead of just solving the short term issues. This work is reinforcing our strategy for success.
August 9, 2013 UPSTATE BUSINESS JOURNAL 27
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THE NEW MBA ENTREPRENEURSHIP, FLEXIBILITY AND AN INTERNATIONAL FLAIR MARK TODAY’S BUSINESS DEGREE PROGRAMS IN THE UPSTATE Y E A H, T H AT GREEN V IL L E
$450,000 PROMOTION AIMS TO REBRAND CITY PAGE 6
DUDE, W HERE’S M Y JE T PA CK?
VIRAL MARKETING CREATES BUZZ FOR B-CYCLE PAGE 13
T HE FIRS T 100 Y E A RS
MCAFEE FUNERAL HOMES CELEBRATES A CENTURY PAGE 18
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BIG TIRE
BIG RESULTS Out of the Office
Americans need more vacation time, experts say. So how do we get there—and are our employers helping?
Rising Tides
pr
R E n k om AVy Ba e fr e SE nit ris ff ic E mu her er o L L om on r n E d C ts co H ite f lec k to IC Un t re es M Newiden r’s d
es telle
Michelin’s revolutionary X One replaces two standard tires -- and truckers are getting on board
Big changes are par for the course at Holly Tree
TEE TIME
Finalists compete in Spartanburg’s Main Street Challenge
Entrepreneurs aim to revolutionize the logistics industry
GETTING THERE
LEGAL LEGACY
EMERGENCY INFO
NEW DEVELOPMENT
PAGE 4
LUCKY 7 PAGE 12
PAGE 20
PAGE 10
PAGE 12
PAGE 18
“Gentle giant” Dewey Oxner remembered
Local software company helps first responders
Hughes plans hotel next to ONE project
In the last two years, Greenville’s Confluence Watersports has become a world-leading kayak maker—and is looking for new shores to conquer
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