2012 Central SC Alliance - Regional Profile

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2012 Regional Profile centralsc.org


General Information Business Friendly. Business Ready.

Board of Directors Jim B. Apple, Chairman, Central SC Alliance; Chairman and CEO, First Citizens Bank The Hon. Johnnie Wright, Vice Chairman, Central SC Alliance; Chairman, Orangeburg County Council The Hon. Vina Abrams, Chair, Central Midlands Planning Council Scott R. Adams, Gen. Counsel, Secretary & Vice President of Ext. Affairs, Prysmian Group William B. Banning Sr., Chairman, Lexington County Council The Hon. Stephen K. Benjamin, Mayor, City of Columbia Mark K. Bennett, CTP, Senior Vice President, Bank of America Merrill Lynch Michael R. Brenan, President and CEO, BB&T G. Michael Briggs, President and CEO, Central SC Alliance George J. Bullwinkel Jr., President and COO, SCANA Mark Cox, Chairman, Committee of 100 Ted Creech, Director-External Affairs, AT&T South Carolina The Hon. David L. Fergusson, Chairman, Fairfield County Council C.W. “Chuck” Garnett, President and CEO, NBSC John J. Garrisson, Vice President, Chief Compliance Officer, Colonial Life Stan F. Gibson, Executive Vice President & Division Manager, Wells Fargo J. Barry Ham, President, Bank of Clarendon William L. Hart, Chief Executive Officer, Fairfield Electric Cooperative James E. Hazel Jr., Shareholder/COO, Elliott Davis, LLC The Hon. Charles T. Jennings Jr., Chairman, McCormick County Council The Hon. Henry H. Livingston III, Chairman, Newberry County Council John McAllister, Broker in Charge, McCallister Realty Consulting Dr. Harris Pastides, President, University of South Carolina David Peterson, Plant Director, Starbucks Coffee Company The Hon. Anne M. Sinclair, Chair, Richland Lexington Airport Commission The Hon. Dwight L. Stewart, Chairman, Clarendon County Council The Hon. David K. Summers, Calhoun County Council The Hon. Kelvin E. Washington Sr., Chairman, Richland County Council Dr. Marshall White Jr., President, Midlands Technical College The Hon. Gene Wise, Chairman, Kershaw County Council Michael A. Wolfe, Division Executive, First Citizens Bank

Staff List Mike Briggs, President 803-733-1144 • mbriggs@centralsc.org

Azad Khan, Director of Research 803-733-2525 • akhan@centralsc.org

Ann Broadwater, CEcD, Senior Project Manager 803-733-2573 • abroadwater@centralsc.org

David King, Vice President, Marketing 803-733-1151 • dking@centralsc.org

Annette Burrell, Office Manager 803-733-1159 • aburrell@centralsc.org

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Tracy McMillin, Senior Project Manager 803-733-2517 • tmcmillin@centralsc.org

Callison Rawl, Director of Public & Investor Relations 803-733-5435 • crawl@centralsc.org Stephen Roddey, Senior Project Manager 803-733-1122 • sroddey@centralsc.org

Erin Savitz, Regional Marketing Associate 803-733-1143 • esavitz@centralsc.org Sandra Wallace, Director, Committee of 100 803-733-1142 • swallace@centralsc.org Haley Weatherford, Executive Assistant 803-733-5911 • hweatherford@centralsc.org


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Contents 4.......... Alliance Metrics

8.......... Member Profiles 12........ Target Industries 15 ....... News Ticker

Cover and Contents Photos/Sam Holland

A Publication for

Published by

Sincerely, Mike Briggs Jim Apple President & CEO Chairman

South Carolina’s Media Engine for Economic Growth

Business Friendly. Business Ready.

6.......... Regional Profile

elcome to the Central South Carolina region. On behalf of the Board of Directors and staff of the Central SC Alliance, we are pleased to provide you with this snapshot of our dyna mic nine-county region — an area offering both a wonderful quality of life and impressive advantages for doin g business. The Central SC Alliance is a nonprofi t, public-private economic development organization. As South Carolina’s olde st regional alliance, we work to recruit new businesses and help existing businesses grow in Central SC. Ultimately, our aim is to sustain and enhance our region’s glob al competitiveness. We at the Central SC Alliance work every day to market this region as the economy transforms. In today’s economic climate, we recognize that the future growth and economic developm ent of the region is dependent upon the succ ess of everyone working together towa rds a common goal. Today, the Alliance is high ly focused on developing contacts, buil ding on existing relationships and com municating the message that we are “Bu siness Friendly. Business Ready.” In 2011, our region attracted more than $1.1 billion in announced new capital investment, generating over 3,500 jobs . This momentum is a result of collabora tion with all of our economic development allies and the South Carolina Departm ent of Commerce. We thank all of our partners and inve stors for their ongoing support as we continue to work hand-in-hand to brin g projects and prosperity to the citizens of Central South Carolina. It is a busy and exciting time for economic developm ent for our region and state, and it is the support of our investors that allows us to be a key player in keeping it that way. For more information, please visit our new website at www.centralsc.org.

Welcome

Welcome

Publishers of

1201 Main St., Suite 100 Columbia, SC 29201 803.733.1131

centralsc.org

President and Group Publisher - Grady Johnson Vice President of Sales - Steve Fields Creative Director - Ryan Wilcox Project Manager - Allison Cooke Oliverius Director of Business Development - Mark Wright 389 Johnnie Dodds Blvd., Suite 200 Mount Pleasant, SC 29464 Phone: 843.849.3100 • Fax: 843.849.3122 www.scbiznews.com

www.centralsc.org

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Alliance Metrics

Alliance Metrics

Each year we help dozens of companies realize the economic advantages of locating and/or expanding in our region. These companies commit to investing millions of dollars in property and equipment, and to creating thousands of jobs. The metrics included herein, are estimated using each project’s announced investment in our region.

Photo/Sam Holland

$9,394,569,379

$16,337,409,836

Business Friendly. Business Ready.

Total capital investment benefit announced since 1994

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56,681

Total jobs announced since 1994

Total economic benefit since 1994

$1,238,782,929

Total regional property tax benefit since 1994

Investment equals jobs, salary

The jobs — and associated wages — that come along with each company expansion or relocation brings prosperity and wealth to the region. The salary and payroll metrics listed below are estimated using projected job creation numbers and worker wage estimates for each project.

$359

$37,249

$76,374,800

That’s the amount of investment it has taken to create a job from 1994 - 2011.

That’s the projected average annual salary in 2011.

That’s the projected annual payroll 2011.


Capital Investment – New – Expansion $1,000,000,000 $900,000,000 $800,000,000

JoBS AnNounced

1994 • Netscape Navigator debuted and quickly became a market leader for browsing the Web. • Dow Jones Industrial Average yearend close: 3834. • Cost of a gallon of gas: $1.09. • Cost of a first-class stamp: $0.29.

2004 • Google initial public offering raises US$1.67 billion. • Facebook was launched. • SanDisk released the first SD (Secure Digital) card with a capacity of 1 gigabyte. It cost around $500. • Cost of a gallon of gas: $2.10.

2011 • A good year for economic development considering the recessionary conditions over the last few years. • Apple Launches iPad 2 with a thinner and lighter design. • Cost of a gallon of gas: $3.50.

10,000 9,000 8,000 7,000

$600,000,000

6,000

$500,000,000

5,000

$400,000,000

4,000

$300,000,000

3,000

$200,000,000

2,000

$100,000,000

1,000

1995

1996

1997

1998

1999

2000

2001

2002

Cumulative Capital Investment

2003

2004

2006

2007

2008

2009

2010

2011

Cumulative Jobs Announced

$10,000,000,000

50,000

$9,000,000,000

45,000

$8,000,000,000

40,000

$7,000,000,000

35,000

$6,000,000,000

30,000

$5,000,000,000

25,000

$4,000,000,000

20,000

$3,000,000,000

15,000

$2,000,000,000

10,000

$1,000,000,000

5,000

1994

2005

Business Friendly. Business Ready.

$700,000,000

1994

2011

1994

Alliance Metrics

Announced capital investment and job creation since 1994

2011

www.centralsc.org

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Regional Profile

Regional Profile The region’s economic footprint is a force to be reckoned with. Central South Carolina has the state’s largest workforce and is also the population center of the state. Central South Carolina is where commerce meets opportunity, creating an environment where companies thrive. Since 1994, Central South Carolina has had staggering growth in population, labor force and average weekly wages.

Growth in Central SC

Business Friendly. Business Ready.

South Carolina was the nation’s 10th fastest growing state, with a population growth rate of 15.3% between 2000 and 2010, according to the latest population estimates from the U.S. Census Bureau. South Carolina now has a population of more than 4.6 million, ranking 24th in the nation. The Central SC region has a population of more than 920,000 and a population growth rate of 15.3% between 2000 and 2010. Source: U.S. Census Bureau – 1994

– 2010

26%

Population

Growth since 1994

734,920

There are more than 100 majority-owned foreign affiliated companies representing 19 countries doing business in the Central SC Region and employing thousands of South Carolinians.

922,936

20%

Labor Force

370,108 442,724 0

100,000

200,000

300,000

400,000

Weighted annual average weekly wage

500,000

$710 600,000

700,000

800,000

900,000

0

$100

$200

South Carolina Accolades

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68%

Growth since 1994

$423

Growth since 1994

South Carolina has the sixth best business climate in the nation, according to a survey of U.S. corporate executives by Development Counsellors International. DCI asked executives to name states with the most favorable business climate and South Carolina was identified by many of the 280 respondents.

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Photo/Sam Holland

Forbes magazine ranks South Carolina’s regulatory environment 8th best in the nation for business. The 2010 ranking is based on the state’s regulatory tort climate. Source: Forbes, the Best States for Business and Careers, October 2010.

$300

$400

$500

$600

$700

$800

CNBC ranks South Carolina’s cost of doing business fifth and the state’s workforce sixth best in the nation. The cost of doing business ranking is based on taxes and the cost of utilities, wages, workers’ compensation, and office and industrial rent. The workforce ranking is based on quality and availability of workers as well as workforce training and union membership. Source: CNBC America’s Top States for Business, July 2011.


Education

According to Demographics Now, 15.2% of the population age 25 and older within a 60 mile radius of Columbia has a bachelor’s degree or higher. According the American Community Survey of the U.S. Census Bureau, 39.5% of the population age 25 and older in the city of Columbia has a bachelor’s degree or higher. Source: U.S. Census Bureau, 2010

Regional Profile

Photo/Leslie Burden

Institutions of Higher Education

Source: S.C. Commission on Higher Education U.S. News & World Report has ranked the University of South Carolina’s Darla Moore School of Business No. 1 in international business, making this the 14th consecutive year the school has claimed the top spot. The school, which ranked in the Top 50 overall among the best undergraduate business programs in the country, finished ahead of New York University, the University of Pennsylvania’s Wharton School, the University of Michigan and the University of Texas-Austin in the international business category.

Midlands Technical College engineering technology and sciences building This new 68,000-square-foot classroom building at the Northeast Technology Campus will become the new home of the Engineering and Science departments of the college. The program features teaching labs and classrooms focusing on clean energy technology, biotechnology and advanced manufacturing, supporting the mission of the college’s regional research partners. Estimated completion date: Early Spring 2013 In addition to the U.S. News & World Report ranking, the Moore School has also received the following recognitions: • Top ranked public university MBA program for international business and No. 3 among all institutions in that specialty. — U.S. News & World Report • No. 1 for best “international experience.” — Financial Times • No. 9 in the world for excellence in international business. — The Wall Street Journal • No. 3 for “fastest return” on an MBA student’s education investment. — BusinessWeek

COLUMBIA METRO AREA ACCOLADES Forbes named Columbia as one of the nation’s metropolitan areas offering the most “bangfor-the-buck.” Columbia came in 12th on the America’s Best Bang-For-The-Buck Cities based on housing market, employment, cost of living and commuting time. Forbes looked at the country’s 100 largest Metropolitan Statistical Areas. Source: Forbes, November 2009 Columbia came in No. 8 on MSN Real Estate’s Most-Livable Bargain Markets for 2009. Bert Sperling, of Sperling’s Best Places, evaluated the 100 largest metro areas in the U.S. to determine the 10 most affordable housing markets based on the ratio of median income to median home price. He called Columbia a “capital city with lots of historic charm.” Source: 2009 MSN Real Estate Most-Livable Bargain Markets, November 2009

Business Friendly. Business Ready.

Institution ............................2010 Total Enrollment University of South Carolina...................... 29,599 Midlands Technical College.........................12,078 Piedmont Technical College......................... 5,703 Central Carolina Technical College............4,382 S.C. State University........................................ 4,362 Orangeburg-Calhoun Technical College......3,200 Benedict College.................................................3,137 Claflin University................................................ 1,920 Columbia College................................................1,367 USC Sumter...........................................................1,192 Newberry College.................................................1,155 Columbia International University................ 1,201 Morris College.....................................................1,048 Allen University......................................................848 Regional Total ........................................... 71,192

fDi Magazine named Columbia as one of 2011/2012 American Cities of the Future. The magazine also ranked Columbia third among top “small cities of the future,” with a population of more than 100,000 but fewer than 250,000 people. Columbia also ranked in the top 10 for quality of life. Source: fDi Magazine, April 2011

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Member Profiles

Clarendon

Spanning 392.36 square miles, Calhoun County is located centrally within the state and offers easy access to east/west and north/south corridors via Interstate 26 or I-95. Norfolk Southern provides rail Starbucks Coffee Co. access throughout the county. The county is also within a 20-minute drive of the Columbia Metropolitan Airport and about 80 miles from the Port of Charleston. Its location has made the county, which was once known for its cotton fields, a popular destination for some of the nation’s leading industries, including locomotive and logistic companies. Calhoun County counts among its prime properties a 277-acre industrial park in Sandy Run that fronts I-26.

Clarendon County is home to one of only three certified “mega sites” in South Carolina. Its I-95 Megasite spans 1,440 acres, making it a good fit for industries that need a large amount of land. Located on I-95, the site also is in Trimaco Industries close proximity to three east/west interstates: I-20, I-77 and I-26. Clarendon County offers rail access through CSX. Together, the county’s rail and interstate arteries provide access to the Port of Charleston and the Port of Savannah. Florence Regional Airport is 30 minutes away and airports in Columbia, Charleston and Myrtle Beach are about an hour away. While the county’s history is in agriculture and manufacturing, it recently attracted companies in the automotive, building products, distribution and metal working industries.

County MEMBER PROFILES There are many reasons why Central South Carolina is a hub for economic growth, but a powerful contributor is the attitude of cooperation and partnership among Central SC’s members. The following

Business Friendly. Business Ready.

Calhoun

entities are members of Central SC.

County

The Facts

The Facts

Labor Force**.................... 6,722 Employed**....................... 5,969 Unemployed**...................... 753 Unemployment Rate**......11.2% Per Capita Income*........ $34,205

Labor Force**.................. 12,313 Employed**..................... 10,485 Unemployed**................... 1,828 Unemployment Rate**......14.8% Per Capita Income*........ $25,134

Median Hourly Wage (all occupations)*............. $15.56 Population (2010)............ 15,175 Median Age (2010).............. 43.4 Age 25+ with Bachelor Degree or Higher (2009)...............20.1% = Sept. 2011 = Jan. 2012

*

**

Major Employers

Company .................................................... Employed (Approx.) DAK North America....................................................................... 511 Devro Inc. .....................................................................................300 Zeus Industrial Products................................................................130 Starbucks Coffee Co......................................................................100 Cable Craft Inc. ...............................................................................92

Calhoun County Economic Development Commission

Sources: Bureau of Labor Statistics, S.C. Department of Revenue, U.S. Census Bureau, Central SC, Reference USA

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www.centralsc.org

Pat Black Jr. and Lee Prickett Courthouse Annex, Suite 114, St. Matthews, SC 29135 Phone: 803-682-3697 calhouncountychamber.org patblackjr@aol.com, ccadmin@sc.rr.com

Median Hourly Wage (all occupations)*............. $12.19 Population (2010)............ 34,971 Median Age (2010).............. 41.4 Age 25+ with Bachelor Degree or Higher (2009)...............12.2% = Sept. 2011 = Jan. 2012

*

Major Employers

**

Company .................................................... Employed (Approx.) Clarendon County Health Systems.................................................800 Trimaco Industries.........................................................................120 Meritor Automotive........................................................................120 JC Witherspoon................................................................................63 Powell Valve....................................................................................34

Clarendon County Development Board

John Truluck, Executive Director 19 South Mill St., Manning, SC 29102 Phone: 803-435-8813, 800-729-0973 www.clarendoncountyusa.com clarendondevelopment@sc.rr.com


Kershaw

Lexington

Fairfield County is located in the central part of South Carolina within close proximity to urban areas and their amenities while offering the many benefits of a rural county. It is less than a 30-minute drive to Columbia, V.C. Summer and less than one hour’s drive to Charlotte Douglas International Airport. Fairfield County is located on I-77 with five major interstates within an 85 mile radius. The Port of Charleston is 138 miles away. Products manufactured in the county include: vehicle mirror and vision systems, tire cord, electrical systems and wiring harnesses, fiberglass insulation, copper clad laminates, and magnetic tape and typewriter ribbons. Also located in Fairfield County are an electric vehicle distribution company and nuclear power generation facility.

Camden, the county seat of Kershaw County, is considered the oldest inland city in South Carolina. The county is rich with history and stories of successful commerce. Since 1732, business owners have chosen Carolina Cup this accessible county as the place to set down their roots. In addition to its central location, Kershaw County is located along I-20 northeast of Columbia. I-77 and I-26 are within a 20 minute drive, and I-95 is within 30 minutes. CSX provides freight services throughout the county. It also has several available industrial buildings and sites to offer. Industrial and occupational training are available through Central Carolina Technical College and Midlands Technical College.

Lexington County’s population has grown 56% since 1990. Much of its growth can be attributed to a combination of its high quality of life, varied economy, excellent school system and its business friendly environment.

The Facts

The Facts

The Facts

Labor Force**.................. 29,238 Employed**..................... 26,743 Unemployed**................... 2,495 Unemployment Rate**........8.5% Per Capita Income*........ $33,264

Labor Force**................ 131,335 Employed**................... 122,308 Unemployed**................... 9,027 Unemployment Rate**........6.9% Per Capita Income*........ $33,960

County

*

**

Major Employers

Company .................................................... Employed (Approx.) V.C. Summer Nuclear Station .......................................................926 Ben Arnold Beverage Co.................................................................400 Performance Fibers........................................................................225 Lang-Mekra North America............................................................170 Isola USA.......................................................................................160

Fairfield County Economic Development

Tiffany Harrison, Economic Development Director P.O. Drawer 60, Winnsboro, SC 29180 Phone: 803-712-1923 www.fairfieldsc.com, www.fairfieldcountysc.com tharrison@fairfieldsc.com

Median Hourly Wage (all occupations)*............. $15.56 Population (2010)............ 61,697 Median Age (2010).............. 40.2 Age 25+ with Bachelor Degree or Higher (2009)...............19.0% = Sept. 2011 = Jan. 2012

*

Company .................................................... Employed (Approx.) KershawHealth...........................................................................1,104 Target Corp....................................................................................580 UTI.................................................................................................320 Haier America................................................................................225 Weylchem USA..............................................................................170

Kershaw County Economic Development Office

Peggy McLean, Director 80 Campus Drive, Camden, SC 29021 Phone: 803-425-7685 www.kershawcountysc.org peggy.mclean@kershaw.sc.gov

Lexington County is accessible by I-26, I-20 and I-77. I-95 is just 65 miles away via I-26 or I-20. In addition, the Columbia Metropolitan Airport is located in Lexington County and the region is served by CSX, Norfolk Southern and Amtrak rail lines.

Lexington County also is located near 10 public and private colleges and universities, including the main campus of the University of South Carolina and Midlands Technical College.

**

Major Employers

Michelin Tire Corp.

Median Hourly Wage (all occupations)*............. $15.56 Population (2010).......... 262,391 Median Age (2010).............. 37.9 Age 25+ with Bachelor Degree or Higher (2009)...............26.7% = Sept. 2011 = Jan. 2012

*

**

Major Employers

Company .................................................... Employed (Approx.) Lexington Medical Center .........................................................5,200 SCANA........................................................................................2,485 Michelin Tire Corp. ....................................................................1,750 Shaw Industries ...........................................................................600 Apex Tools ...................................................................................500

Business Friendly. Business Ready.

Median Hourly Wage (all occupations)*............. $15.56 Population (2010)............ 23,956 Median Age (2010).............. 42.4 Age 25+ with Bachelor Degree or Higher (2009)...............14.4% = Sept. 2011 = Jan. 2012

County Photo/Sam Holland

Labor Force**.................. 10,852 Employed**....................... 9,391 Unemployed**................... 1,461 Unemployment Rate**.....13.5.% Per Capita Income*........ $27,263

County

Member Profiles

Fairfield

Lexington County Economic Development Office

Charlton L. Whipple, Director 212 South Lake Drive, Suite 603, Lexington, SC 29072 Phone: 803-785-8147 www.lexingtoncountyusa.com cwhipple@lex-co.com www.centralsc.org

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Member Profiles

Newberry

Orangeburg

In 1850, gold was discovered in the town of McCormick. That discovery, along with the area’s abundant resources and central location are what attracted early settlers to the county. McCormick County is within 100 miles of six major metropolitan statistical areas, including Augusta-Aiken, Anderson, Columbia, Greenville and Spartanburg in South Carolina, and Atlanta, Ga. U.S. highways 378, 221 and 25 pass through McCormick County. I-20 is within 34 miles and I-85 is within 50 miles. The county’s rail system is served by CSX. McCormick County has its own airport just over 1.8 miles from the county’s central business district. Airports in Augusta and Columbia also are nearby.

Newberry County is located on I-26 and is within 31 miles of I-77, 22 miles of I-20 and 85 miles of I-95. Newberry County also is adjacent to the metropolitan statistical areas of Columbia and Greenville. This Newberry Opera house strategic location, combined with its transportation network and qualified workforce are key factors in attracting business and industry to the region. While rooted in agriculture, the Newberry County economy has developed a substantial manufacturing base. Domestic and international companies are attracted by the skilled workforce, outstanding transportation network and the quality of the community. The city of Newberry was named to Norman Crampton’s list of The 100 Best Small Towns in America.

Orangeburg County is the second largest county in South Carolina by area and it has the second most highway miles. It is located less than an hour’s drive from the state’s urban centers of Columbia and Charleston. Jafza International Orangeburg County has six interchanges on I-26 and five on I-95. I-77 is only 25 miles to the west and I-20 is just 41 miles north. The county has access to two airports, including its own Orangeburg Municipal Airport, which has two paved runways. Columbia Metropolitan Airport is just 42 miles away. The county also is served by Norfolk Southern and CSX Transportation rail lines. Orangeburg County’s education system includes South Carolina State University, Claflin University, OrangeburgCalhoun Technical College and Southern Methodist College.

County

County Photo/Sam Holland

Business Friendly. Business Ready.

McCormick

The Facts Labor Force**.................... 3,294 Employed**....................... 2,830 Unemployed**...................... 464 Unemployment Rate**......14.1% Per Capita Income*........ $23,284

Median Hourly Wage (all occupations)*............. $14.04 Population (2010)............ 10,233 Median Age (2010)................. 50 Age 25+ with Bachelor Degree or Higher (2009)...............14.9% = Sept. 2011 = Jan. 2012

*

Company .................................................... Employed (Approx.) McCormick County ......................................................................300 Petra Health and Rehab of McCormick...........................................140 Savannah Lakes Village ................................................................140 Mt. Vernon Mills-Riegel ...................................................................88 Georgia Pacific ................................................................................67

McCormick County Economic Development Office

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George Woodsby, Director 610 S. Mine St., McCormick, SC 29835 Phone: 864-852-2231 www.mccormickcountysc.org, gwoodsby@mccormickcountysc.org

www.centralsc.org

The Facts

The Facts

Labor Force**.................. 17,917 Employed**..................... 16,292 Unemployed**................... 1,625 Unemployment Rate**........9.1% Per Capita Income*........ $28,121

Labor Force**.................. 40,280 Employed**..................... 34,705 Unemployed**................... 5,575 Unemployment Rate**......13.8% Per Capita Income*........ $28,542

**

Major Employers

County

Median Hourly Wage (all occupations)*............. $13.08 Population (2010)............ 37,508 Median Age (2010).............. 39.9 Age 25+ with Bachelor Degree or Higher (2009)...............18.7% = Sept. 2011 = Jan. 2012

*

**

Major Employers

Company .................................................... Employed (Approx.) Kraft Foods/Louis Rich Co...........................................................2,700 Caterpillar......................................................................................320 Shakespeare Composite Structures...............................................300 Georgia-Pacific..............................................................................269 Komatsu America...........................................................................234

Newberry County Economic Development

Teresa Powers, Director 1512 Martin St., Newberry, SC 29108 Phone: 803-321-2042 newberrycountysc.org tpowers@NewberryCountySC.org

Median Hourly Wage (all occupations)*............. $13.08 Population (2010)............ 92,501 Median Age (2010).............. 38.1 Age 25+ with Bachelor Degree or Higher (2009)...............16.9% = Sept. 2011 = Jan. 2012

*

**

Major Employers

Company .................................................... Employed (Approx.) Husqvarna..................................................................................2,000 Regional Medical Center.............................................................1,200 Zeus Ind. Products.........................................................................600 Food Lion Distribution Center.........................................................498 Koyo Corp. ....................................................................................400

Orangeburg County Development Commission

C. Gregory Robinson, Executive Director 125 Regional Parkway, Suite 100, Orangeburg, SC 29118 Phone: 803-536-3333 www.ocdc.com info@ocdc.com


Richland County is home to the state’s capital and has become the entrepreneurial and legislative hub of South Carolina. Richland County also is home of several colleges and universities, including the Uni- BOSE factory versity of South Carolina’s main campus. The county also is home to Fort Jackson, the U.S. Army’s largest and most active initial training base. Richland County has 12 interchanges on I-26, 16 interchanges on I-77 and 11 interchanges on I-20. The Port of Charleston is less than an hour’s drive. Charlotte, N.C., is about 90 miles north. Two airports serve the residents and businesses of Richland County, including the Columbia Metropolitan Airport and Columbia Owens Downtown Airport.

Columbia has deep roots in textile manufacturing, but the city has grown to become a bustling metro area with a diverse economy that includes advanced manufacturing, health care, technology, shared serColumbia Skyline vices, logistics and energy. There are six major universities and colleges located in the greater Columbia area, including the University of South Carolina and the Moore School of Business. The city also created the Columbia Regional Technology Plan to help position the city as a great place to do business and as South Carolina’s technology center. Aiding this bid is the University of South Carolina Technology Incubator, which aims to recruit, build and launch new technologydriven companies.

Business and industry are an integral part of the community the University of South Carolina serves. Helping businesses succeed is a fundamental element of its mission. USC offers many sources and resources to the business community including research, programs, facilities, faculty, technology, professional development, recruiting and more. Legislation passed in 2002 allows the state’s three public research institutions — the Medical University of South Carolina, Clemson University and the University of South Carolina — to use state funds to create Centers of Economic Excellence in research areas that will advance South Carolina’s economy. USC is home to 17 Centers of Excellence ranging from nuclear science to economic development.

The Facts

The Facts

The Facts

County

Major Employers

Major Employers

Company .................................................... Employed (Approx.) Palmetto Health Alliance.............................................................8,400 Blue Cross Blue Shield................................................................6,459 University of South Carolina........................................................4,500 AT&T......................................................................................... 2,400 First Citizens ..............................................................................1,250

• Founded in 1801, USC has 324 degree programs through its 14 degree-granting colleges and schools. • The university is one of only 23-and the only one in South Carolina-to receive the Carnegie Foundation’s highest research designation and to be named among the nation’s leaders in providing programs that benefit and engage communities. • Kiplinger’s Personal Finance ranked the university 42nd, in its 2011 list of “Best Values in Public Colleges.” • U.S. News and World Report ranked the undergraduate program in international business at USC’s Moore School of Business is No. 1 in the country. • USC has created the Innovista Research District, a strategic economic development effort that connects USC with entrepreneurs, businesses and stakeholders.

Richland County Economic Development Office

City of Columbia

University of South Carolina

Labor Force*.................. 178,756 Employed*..................... 164,355 Unemployed*................... 14,401 Unemployment Rate*..........8.1% Per Capita Income*........ $36,006

Median Hourly Wage (all occupations)*............. $15.56 Population (2010).......... 384,504 Median Age (2010).............. 32.6 Age 25+ with Bachelor Degree or Higher (2009)...............36.6% = Sept. 2011 = Jan. 2012

*

**

Company .................................................... Employed (Approx.) Palmetto Health Alliance ...........................................................8,400 University of South Carolina ......................................................4,500 Verizon Wireless .......................................................................1,500 Westinghouse.............................................................................1,200 Computer Science Corp..............................................................1,166

Nelson Lindsay, Director of Economic Development 2020 Hampton St., Suite 4069, Columbia, SC 29202 Phone: 803-576-2043 lindsayn@rcgov.us www.richlandonline.com

Labor Force**................ 365,892 Employed**................... 336,992 Unemployed**................. 28,900 Unemployment Rate**........7.9% Per Capita Income*........ $35,473 All labor force data is Columbia MSA

Median Hourly Wage (all occupations)*............. $15.56 Population..................... 767,598 Median Age......................... 35.7 Age 25+ with Bachelor Degree or Higher (2009)...............39.5% = Sept. 2011 = Jan. 2012

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Jim Gambrell, Director 1201 Main St., Suite 250, Columbia, SC 29201 Phone: 803-734-2700 jgambrell@columbiasc.net www.Columbiasc.net

Ann Marie Stieritz, Director of Business Solutions - Innovista University of South Carolina, 1705 College St., Room 672 Columbia, SC 29208 Phone: 803-777-2510 stieritz@mailbox.sc.edu, www.sc.edu www.centralsc.org

Business Friendly. Business Ready.

University of South Carolina

Member Profiles

City of Columbia

Photo/Sam Holland

Richland

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Target Industries

Target Industries Central SC partners with many different types of companies to ensure economic expansion. We encourage the development of a variety of industries in order to create a thriving, lucrative business environment in Central South Carolina. Many industries are already familiar with the benefits of doing business in Central SC. Our centralized location in one of the fastest growing areas of the country has attracted manufacturers, executives and scientists in diverse fields. Here is a look at several of the industries we are targeting.

Advanced Manufacturing

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he Central SC region has all the resources an advanced manufacturer could need: a highly skilled workforce, a pro-business regulatory and tax environment, low-cost operating climate, and a strong network of suppliers and customers. Some of the region’s most notable advanced manufacturing companies include: Caterpillar, Eastman Chemical, Haier, Federal Mogul, FN Manufacturing, Michelin and ZEUS. Subsectors of the Advanced Manufacturing industry include: Automotive, Aerospace, Composites, Food Processing and Medical Device Manufacturing.

Business Friendly. Business Ready.

Starbucks Coffee Co.

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Starbucks Coffee Co. officially opened its Calhoun County roasting facility in 2009. The facility supplies coffee to the company’s southeastern U.S. stores. Starbucks’ beans are shipped into the Port of Charleston from 25 different countries and reside temporarily in a warehouse in the Jedburg area before being sent to the roasting facility located about another hour north on Interstate 26. The S.C. facility is Starbucks’ fourth U.S. roasting facility and its fifth total, including its international facility in Amsterdam.

The Husqvarna Group The Husqvarna Group is the world’s largest producer of outdoor power products, including chainsaws, trimmers, lawn mowers and garden tractors. In 2010, the company announced it would invest $105 million in its Orangeburg County manufacturing plant over the course of 13 years. The expansion includes adding equipment to its Orangeburg facility, which produces riding garden tractors, tillers and similar products. The added equipment will allow the plant to assemble new products, including the company’s zero-turn-radius lawn mowers.


Shared Services

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SCANA Corp.

Verizon Wireless

Headquartered in Cayce, SCANA Corp. is a Fortune 500 energy-based holding company with $12 billion in assets. Its businesses include regulated electric and natural gas utility operations and other energy-related businesses in the Carolinas and Georgia. SCANA has nine significant direct, wholly-owned subsidiaries. South Carolina Electric and Gas Company is SCANA’s principal subsidiary. SCE&G is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity to approximately 665,000 customers in South Carolina; the company also provides natural gas service to customers throughout the state.

Verizon Wireless broke ground on its $40 million, state-of-the-art customer service facility in Richland County in 2009 and occupied the facility in 2010. In early 2011, it announced it would add almost 500 employees to its 1,500-strong workforce to accommodate a growth in services. The 24/7 call center operation is the company’s largest. Employees assist customers with technical and basic customer service support for phones and tablets, along with specialized assistance for customers traveling overseas.

Schneider Electric

Staples

Schneider Electric is a global specialist in energy management. It offers integrated solutions to make energy safer, more reliable, efficient and productive. It has a plant in Richland County where it manufactures relay and industrial controls. It also has a plant in Seneca. Schneider has more than 120,000 employees in 102 countries and 450 researchers and developers in 25 countries.

Staples Inc. opened a new office facility in Columbia in April 2007. It centralized financial support functions that were located in three separate offices in Massachusetts and Illinois to a new 75,000-square-foot facility on Arbor Lake Drive. The company’s $4 million investment created upwards of 300 new jobs. Staples opened its first superstore in 1986 and today is the world’s largest office products company.

powerhouse in South Carolina, central South Carolina’s leaders in energy are on the cutting edge of nuclear power and renewable energy. SCANA and the area’s electric co-ops have helped catapult the state to the nation’s third highest nuclear energy generating state. The University of South Carolina’s Innovista is developing future fuel cell technology and — along with the fuel cell collaborative — constructed one of the first hydrogen fueling stations in the Southeast. Thanks to our favorable business climate, Central SC is electrifying the nation’s energy industry. Subsectors of the Energy industry include: Nuclear and Renewable Energy.

Target industries

Energy

entral SC has become a prime location for information technology, insurance and customer service centers. Organizations like IT-Ology are bridging the gap between information technology industry needs and workforce skills. Verizon located its largest customer service center here, Staples centralized its financial support services here and Intel develops groundbreaking telecommunications server technology. Subsectors of the Shared Services industry include: Information Technology, Finance, Insurance and Customer Service.

Business Friendly. Business Ready. www.centralsc.org

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Target Industries Buiness Friendly. Business Ready.

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Transportation, Distribution and Logistics

Research and Development

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Target Corp.

PurePOWER Techologies

Target Corp. opened a 1.35 million-squarefoot distribution center in Kershaw County in 2003 to serve Target stores in South Carolina, North Carolina, Georgia and Virginia. In 2008, Target announced a $73 million expansion for the Lugoff distribution center. Since the expansion was completed in 2009, the now 1.8 million-square-foot center is the largest in the company’s network.

PurePOWER Technologies, a Navistar company, opened its research and development operation in 2010 in the Columbia Technical Center. PurePOWER Technologies LLC vertically integrates research and development, engineering and manufacturing capabilities to produce world-class diesel power systems and advanced emissions control systems for commercial and defense markets. In addition to its Columbia R&D facility, PurePOWER also operates a manufacturing plant in Blythewood.

Southeastern Freight Lines

Bose Corp.

Southeastern Freight Lines was founded in 1950 with just 11 tractors and trailers, three pickup trucks and 20 employees. Having grown from only one terminal in 1950 to 76 terminals in 2011, Southeastern Freight Lines has become the 10th largest LTL carrier in the nation. Today, Southeastern Freight Lines employs more than 7,000 associates, operates more than 10,000 tractors, trucks and trailers, picks up in excess of 26,000 shipments per day, and serves more than 19,900 cities in the Southeast, Southwest and Puerto Rico.

Bose Corp. is involved in the development, manufacture and marketing of speakers, audio systems, sound systems noise cancellation technology and more. It was founded in 1964 by Dr. Amar G. Bose, a professor of electrical engineering at the Massachusetts Institute of Technology. Extensive research in the fields of speaker design and the human perception of sound led to the company’s first speaker system in 1968. Today, Bose has operations in the U.S., Europe, Canada, Australia, Asia and South America. Its South Carolina plant is in Blythewood.

he Central SC region has four interstates for easy north/ south and east/west access, two Class 1 railways, a major airport and it is just a short drive to one of the nation’s most efficient and productive ports. Ball State University’s Bureau of Business Research recently ranked South Carolina fifth in the nation for “Global Reach” and eighth in the nation for “Demand Adaptability.” Join the many transportation, distribution and logistics companies from around the world that have chosen to reap the benefits of the area’s excellent transportation infrastructure. Subsectors of the Transportation, Distribution and Logistics industry include: 3PLs, Big Box Distributors.

www.centralsc.org

he research and development industry in the Central SC region is overflowing with activity. The region’s Centers for Economic Excellence are developing new technologies that range from polymer composites to marine genomics. The U.S. Army’s largest and most active Initial Entry Training Center is located at Fort Jackson and has made Central SC the heart of defense-related research and development. The University of South Carolina’s Innovista Research Campus is home to nearly 50 research laboratories, state-of-the-art equipment and a highly regarded faculty. Central SC is more than a research and development hub, it’s where research and development companies thrive. Subsectors of the Research and Development industry include: Defense, Technology & Software.


The following are the latest economic development announcements in Central SC. GKN Aerospace Announces New Facility in Orangeburg County GKN Aerospace, a supplier of aerospace and aviation components, will establish a new manufacturing facility in Orangeburg County. The $38 million investment is expected to generate more than 250 jobs over the next six years. —November 2011

Nephron Pharmaceuticals Corp. announces new operations in Lexington County

Nephron Pharmaceuticals Corp. announced that the company will locate its new operations in Lexington County. The $313 million investment is expected to generate 707 new jobs. This will double the size of the company, which is headquartered in Orlando, Fla. Nephron manufactures generic respiratory medications. —October 2011

Universal Trade Solutions Inc. announces new facility in Orangeburg County Universal Trade Solutions Inc., along with its affiliate Fraley & Schilling Inc., announced a new manufacturing, warehousing and distribution facility in the former Jacobs Applied Engineering Building in Orangeburg County. The $10 million investment is expected to generate 100 new jobs. —October 2011 Innovative Composites International announces new facility in Orangeburg County Innovative Composites International Inc., a manufacturer of advanced materials, announced that the company will establish its new production facility in Orangeburg County. The $9.3 million investment is expected to generate 300 new jobs. —September 2011 Michelin announces expansion in Lexington County Michelin announced plans to invest another $200 million in its Lexington facility to further expand its tire building capacity. —May 2011

Interstate Container announces new facility in Lexington County Interstate Container will establish its new manufacturing facility in Lexington County. The more than $13 million investment is expected to generate 60 new jobs. Interstate Container is an independent containerboard supplier of kraft linerboard and corrugating recycled medium to the open market. —April 2011 U.S. Foodservice announces expansion in Lexington County U.S. Foodservice will expand its facility in Lexington County. The investment is expected to generate 100 new jobs in the next five years. U.S. Foodservice is one of the country’s premier foodservice distributors, offering more than 43,000 national, private label and signature brand items and an array of services to its more than 250,000 customers. —February 2011 Aflac Group planning for faster than expected growth in Columbia Aflac Group Insurance, the company that pays cash benefits fast to policyholders who are sick or injured, will expand its operations at Aflac Group Insurance in Columbia. It announced in September 2010 it would hire 50-75 new workers in 2011, however has increased that to more than 100. —February 2011 Southeast Renewable Energy announces new facility in Kershaw County Southeast Renewable Energy announced plans to build a new renewable energy facility in Kershaw County. The $50 million

investment is expected to generate 20 new jobs over the next five years. Southeast Renewable Energy will build a 15-megawatt biomass energy plant in that will be fueled using timber residues. The company will sell the green power to Santee Cooper. —November 2010 Elite ES to expand in Fairfield County Elite ES announced plans to expand its U.S. operations, headquartered in Fairfield County. The company will relocate from its 30,000-square-foot facility in Winnsboro to the 50,000-square-foot speculative building in the Walter Brown II Industrial Park. The expansion is expected to create 100 new jobs with more than $2.5 million in capital investment. —October 2010 TB Kawashima USA Inc. announces expansion in Kershaw County TB Kawashima USA Inc. will expand its facility in Kershaw County. The $9 million investment is expected to generate 50 new jobs over the next five years. TB Kawashima USA is a leading producer of fabric for the automotive industry. —April 2010 Caterpillar to expand in Newberry County Caterpillar announced plans to increase its capacity for diesel and gas powered generator sets assembled in Newberry County. The expansion is expected to create 500 new jobs. The company opened the Newberry generator set facility in 2006 as part of Caterpillar’s Electric Power Division. —March 2010

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Alucoil America Corp. announces new operations in Clarendon County Alucoil America Corp., a leading European manufacturer of high-quality metal composite materials and other wall cladding products, has announced new operations in Clarendon County through the purchase of Intrabond USA. The more than $5 million investment plan is expected to generate 18 new jobs. —November 2011

Sensor Electronic Technology Inc. to expand in Richland County Sensor Electronic Technology Inc., the world’s leading maker of ultraviolet light emitting diodes, has announced it will expand its operations in Richland County. This phase of the company’s expansion plan, which includes retrofitting its existing facility plus the purchase of a new property, is expected to create more than 150 new jobs with more than $20 million in capital investment. —October 2011

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1201 Main St., Suite 100, Columbia, SC 29201 | 803.733.1131

centralsc.org With Central SC as your local guide, a company expansion or relocation couldn’t be easier. Let’s do business together.


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