2018 GSA Market Facts by SC Biz News

MARKETFACTS September 17, 2018 | www.GSABusiness.com | Volume 21, No. 18

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Let me admit right now that if I see you out and about somewhere and you feel compelled to congratulate me on this year’s edition of Market Facts, I have every intention of pretending that I deserve most of the credit. However, the truth is that our researchers and designers should get most of it. Market Facts is a favorite among our special publications. I like the way our designers treat the content provided by our researchers. I like how I can flip through it and always seem to find something new. I like how sometimes drilling deep into the numbers reveals important trends and information that business folks can use. And I like how, sometimes, it leads to a simple tidbit worth dropping into a casual conversation. Either way, I’m proud to present this year’s Market Facts from GSA Business Report. By next year, I hope you’ve worn the edges from your copy. I know I will. Ross Norton, Editor

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he Commerce Club is honored to sponsor the 2018 Market Facts in partnership with the GSA Business Report. As Greenville’s premier private business club we are committed to our mission of Building Relationships and Enriching Lives, while entertaining your valued clients, celebrating company

milestones or hosting your productive corporate meetings. With nearly one thousand members and seven well-appointed rooms, we continue to be the destination for Upstate’s dynamic leaders to connect, work, host and play. As the Commerce Club celebrates thirty-four years in Greenville, we applaud each and every business of the Upstate, as we continue to work together to foster a dynamic and flourishing community. We

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he City of Mauldin is proud to partner with GSA Business in publishing Market Facts. As the heartbeat of the Upstate, Mauldin and GSA Business provide strategic opportunities in promoting business and accessibility. Our geographic advantage makes it one of the reason's our citizens and businesses

call Mauldin home. Mauldin's quality of life, low tax rates (lowest municipal millage rate in Greenville County), express business services and emerging Industry partners showcase Mauldin's attraction for business. Mauldin's partnership with GADC, Upstate Alliance, SC Commerce and many Commercial Real

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Estate Companies is a big reason Mauldin is experiencing unprecedented development. From civic pride, to business friendliness, there are a lot of reasons to come grow with Mauldin. We hope you will find Market Facts to be a great resource as you grow your company and look for opportunities to expand.

ello, Upstate. Locally Epic is proud to partner with GSA Business Report to publish the 2018 Market Facts. Locally Epic’s quest is to make sure our small businesses continue to thrive by sharing the importance of shopping locally. Our locally-owned businesses help sustain vibrant, engaged

communities that enhance the overall positive vibe of the Upstate. Locally-owned businesses invest more, pay more local taxes, and spend more time on community-based events and charities. Our app, Locally Epic encourages users to support locally-owned businesses. Together we are the Upstate. Together, we can make

Chase Michaels Founder and CEO, Locally Epic

an impact on the success in our local communities. Locally Epic’s 20/52/300 initiative: If we pivot $20 a week to a local business for 52 weeks we can grow the local economy by $300 million dollars. Together we need to support Main Street not Wall Street. Let’s Keep It Local!

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MARKET FACTS

DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT

he 10 counties that make up the Upstate — Abbeville, Anderson, Cherokee, Greenville, Greenwood, Laurens, Oconee, Pickens, Spartanburg and Union — all have their own distinctive flavor, but they have some things in common, too. Besides football and barbecue, there's also an interest in manufacturing. Whether or not you're directly employed in the sector, it matters to you because manufacturing is our dominant industry. It paves the way for all of the other amenities that make the Upstate such a great place to live. Unemployment continues to fall in the Upstate as 7 of 10 counties are below 4% and the other three are not far above it. Only the boldest of campaign promises would have predicted those numbers not very long ago. While manufacturing remains the dominant employment sector, supplying almost 20% of the jobs, several other sectors have made strong gains. IT is one of our fastest-growing sectors. The importance of health care cannot be overstated, from the points of view of both wellness and employment. Simply put, it's a good time for business in the Upstate.

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DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT | www.gsabusiness.com

FAST FACTS » 158,000

Number of South Carolinians working in the automotive industry. PAGE 10

» $44,298

Personal income per capita in Greenville County, the highest in the Upstate. PAGE 9

UPSTATE COUNTIES

The 10 counties that comprise the Upstate each have distinctive characteristics. Together they make up the strong economic backbone of South Carolina. Here are some facts about the demographics and economy of each county.

ABBEVILLE COUNTY

ANDERSON COUNTY

CHEROKEE COUNTY

POPULATION

2010 2017 2022

> > > > > > > > > > > > > > > > > >

(EST.)

> > > > > > > > > > > > > > >

25,417 25,238 25,089

TOP MANUFACTURING EMPLOYERS

> > > > > > > > > > > > > > > >

(EST.)

> > > > > > > > > > > > >

187,126 198,293 206,297

TOP MANUFACTURING EMPLOYERS

NUMBER OF EMPLOYEES

SAGE AUTOMOTIVE INTERIORS. . . . . . . . . . . . . 372

ELECTROLUX HOME PRODUCTS. . . . . . . . . . . . . . . . . . . . . . . 1,950

PRYSMIAN POWER CABLES & SYSTEMS . . . . 335 FLEXIBLE & THERMAFLEX TECHNOLOGIES. . . 310 BURNSTEIN VON SEELEN PRECISION CASTING. . . . . . . . . . . . . . . . . . . . . . 200 PRO TOWELS.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160

$36,642

MEDIAN HOUSEHOLD INCOME, 2017

4.2%

2010 2017 2022

> > > > > > > > > > > > > > > > > >

(EST.)

> > > > > > > > > > > > > > >

55,342 57,037 58,035

TOP MANUFACTURING EMPLOYERS NUMBER OF

EMPLOYEES NESTLE USAPREPARED FOOD DIVISION. . . . . . . . . . . . . . . 1,350

ROBERT BOSCH CORP.. . . . . . . . . . . . . . . . . . . 1,200

MILLIKEN & CO - ALLEN, LIMESTONE, MAGNOLIA PLANTS.. . . . . . . . . . . . . . . . . . . . . . .989

MICHELIN NORTH AMERICA.. . . . . . . . . . . . . . . 990

FREIGHTLINER CUSTOM CHASSIS. . . . . . . . . . . . 909

GLEN RAVEN CUSTOM FABRICS . . . . . . . . . . . . 600

TIMKEN CO. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600

ORIAN RUGS.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 550

HAMRICK MILLS. . . . . . . . . . . . . . . . . . . . . . . . . . 450

$35,379 $47,356

MEDIAN MEDIAN HOUSEHOLD HOUSEHOLD INCOME, INCOME, 2016 2017

3.9% 3.4%

$35,368

MEDIAN HOUSEHOLD INCOME, 2017

4.3%

UNEMPLOYMENT RATE, JULY 2018

UNEMPLOYMENT UNEMPLOYMENT RATE, JULY MAY 2018 2017

UNEMPLOYMENT RATE, JULY 2018

GREENVILLE COUNTY

GREENWOOD COUNTY

LAURENS COUNTY

POPULATION

2010 2017 2022

> > > > > > > > > > > > > > > >

(EST.)

> > > > > > > > > > > > >

451,225 506,457 547,045

TOP MANUFACTURING EMPLOYERS

2010 2017 2022

> > > > > > > > > > > > > > > > > >

(EST.)

> > > > > > > > > > > > > > >

69,661 70,166 70,765

TOP MANUFACTURING EMPLOYERS

2010 2017 2022

> > > > > > > > > > > > > > > > > >

66,537 67,718 68,573

> > > > > > > > > > > > > > > > > > >

(EST.)

> > > > > > > > > > > > > > >

TOP MANUFACTURING EMPLOYERS

NUMBER OF EMPLOYEES

GENERAL ELECTRIC CO.. . . . . . . . . . . . . . . . . . 3,400

FUJI PHOTO FILM.. . . . . . . . . . . . . . . . . . . . . . . 1,500

ZF TRANSMISSIONS. . . . . . . . . . . . . . . . . . . . . 2,350

MICHELIN NORTH AMERICA.. . . . . . . . . . . . . 1,650

CAROLINA PRIDE FOODS.. . . . . . . . . . . . . . . . . . 938

YANGFENG. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 835

SEALED AIR CORP. - CRYOVAC DIVISION. . . 1,300

EATON CORP. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 800

STERILITE CORP. . . . . . . . . . . . . . . . . . . . . . . . . . . 812

DRIVE AUTOMOTIVE INDUSTRIES OF AMERICA. . . . . . . . . . . . . . . . . . 950

CAPSUGEL - DIVISION OF PFIZER.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 675

COUNTRY FRESH. . . . . . . . . . . . . . . . . . . . . . . . . . 550

BOSCH REXROTH CORP. . . . . . . . . . . . . . . . . . . . 700

ASCEND PERFORMANCE MATERIALS . . . . . . . 623

$52,473

MEDIAN HOUSEHOLD INCOME, 2017

3.0%

UNEMPLOYMENT RATE, JULY 2018

2010 2017 2022

$39,275

MEDIAN HOUSEHOLD INCOME, 2017

3.8%

UNEMPLOYMENT RATE, JULY 2018

DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT | www.gsabusiness.com

D&W FINEPACK. . . . . . . . . . . . . . . . . . . . . . . . . . . 460

$42,247

MEDIAN HOUSEHOLD INCOME, 2017

3.9%

UNEMPLOYMENT RATE, JULY 2018

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| DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT

UPSTATE COUNTIES OCONEE COUNTY

PICKENS COUNTY

SPARTANBURG COUNTY

POPULATION

2010 2017 2022

> > > > > > > > > > > > > > > > > >

(EST.)

> > > > > > > > > > > > > > >

74,273 76,972 79,189

TOP MANUFACTURING EMPLOYERS

> > > > > > > > > > > > > > > >

(EST.)

> > > > > > > > > > > > >

119,224 124,779 129,190

TOP MANUFACTURING EMPLOYERS

2010 2017 2022

> > > > > > > > > > > > > > > >

(EST.)

> > > > > > > > > > > > >

284,307 305,813 321,408

TOP MANUFACTURING EMPLOYERS

NUMBER OF EMPLOYEES

DUKE ENERGY. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,038

YH AMERICA. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 619

BMW MANUFACTURING CORP . . . . . . . . . . . . . . 10,000

BORGWARNER. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900

ST. JUDE MEDICAL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400

ADIDAS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,800

ITRON. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 780

MILLIKEN & CO - PENDLETON FINISHING PLANT.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400

MILLIKEN & CO.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,138

JTEKT/KOYO BEARINGS. . . . . . . . . . . . . . . . . . . . . . . . . . . 615 U.S. ENGINE VALVE CORP. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 383

$41,589

MEDIAN HOUSEHOLD INCOME, 2017

3.6%

UNEMPLOYMENT RATE, JULY 2018

2010 2017 2022

RELIABLE AUTOMATIC SPRINKLER.. . . . . . . . . . . . . . 390 COMATROL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 335

$44,469

MEDIAN HOUSEHOLD INCOME, 2017

3.7%

UNEMPLOYMENT RATE, JULY 2018

DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT | www.gsabusiness.com

SEALED AIR CORP. - CRYOVAC DIVISION. . . . . . . . 1,000 DRAEXLMAIER AUTOMOTIVE OF AMERICA. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000

$47,185

MEDIAN HOUSEHOLD INCOME, 2017

3.4%

UNEMPLOYMENT RATE, JULY 2018

Personal income per capita, 2016 UNION COUNTY

POPULATION 2010 2017 2022

> > > > > > > > > > > > > > > > > >

(EST.)

> > > > > > > > > > > > > > >

28,961 28,317 27,666

S.C. Average $39,517

$44,298

U.S. Average $49,246

$36,147

$34,835

$34,478 $31,374

$39,386

$38,863

$32,000

$30,026

$30,812

TOP MANUFACTURING EMPLOYERS NUMBER OF EMPLOYEES

DOLLAR GENERAL DISTRIBUTION CENTER. . . . . . . . . . . . . . . . . . . . . . . . . . 561 TIMKEN. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300 GESTAMP AUTOMOCION . . . . . . . . . . . . . . . . . . . . . . . . 262 MILLIKEN & CO - CEDAR HILL PLANT. . . . . . . . . . . . . 225 HAEMONETICS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200

$38,093

MEDIAN HOUSEHOLD INCOME, 2017

4.2%

UNEMPLOYMENT RATE, JULY 2018

ABBEVILLE

ANDERSON

CHEROKEE

GREENVILLE

GREENWOOD

LAURENS

OCONEE

PICKENS

SPARTANBURG

UNION

Source: U.S. Bureau of Economic Analysis

Source: UpstateSCAlliance, SC Department of Employment and Workforce

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| DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT

Automotive industry in South Carolina The Upstate kicked off something larger than anyone expected with the 1992 announcement that BMW Manufacturing would build a plant in Spartanburg County. Today the auto industry is one of the stateâ&#x20AC;&#x2122;s major movers.

$8.7 billion in capital investment from 2011 to 2017

Source: S.C. Department of Commerce

#1 in the export sales of both tires and completed passenger vehicles

400+ auto-related companies call S.C. home

4x- Over the last two decades, the size of South Carolinaâ&#x20AC;&#x2122;s automotive industry has quadrupled 158,000 people in the automotive industry workforce 20,220 jobs added in automotive from 2011 to 2017

Source: ACT Work Ready Communities.

DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT | www.gsabusiness.com

Distribution & Logistics in South Carolina

$1.2 billion

South Carolinians employed in the TDL business

113,000 South Carolinians employed in the TDL business

Announced capital investments by transportation, distribution and logistics (TDL) firms in S.C., 2011-2017

$3 million In cargo handled every hour by the Port of Charleston

208 million People within two daysâ&#x20AC;&#x2122; drive of South Carolina

2,300

41,000 Miles of state-

Miles of rail

maintained highways

Source: S.C. Department of Commerce

Women-owned businesses in South Carolina 164,400 $15.7 Billion Number of women-owned businesses in South Carolina

Estimated amount of money that is attributed

111,200

Number of employed

Mean travel time to work in minutes

Oconee Greenville Greenwood

Spartanburg

The state has the fourthhighest growth rate for the number of womenowned firms over the past 20 years, with a 156% increase.

Anderson Pickens Laurens

Source: State of Women-Owned Business

24.7

21.9

21.5

22.6

22.9

24.4

24.7 Source: 2015 5 Year American Community Survey

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| DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT

South Carolina tourism report

$ $ $$ $ $21.2 $$ $ $ $

Local efforts boosting tourism

Tourism in S.C. - 2016

billion industry

Even greater growth expected for 2017, making it fifth consecutive year of tourism expansion in the state

Hotel Revenue - 2017

Supports 1 in every 10 jobs in the state

The August 2017 eclipse celebration

Generates $1.6 billion in state and local taxes

The UCI BMX World Championships in Rock Hill

Business in 2016 grew 4.7% over 2015

Post-season NCAA tournaments in Greenville and Columbia

Since 2012, RevPAR has increased by more than 41%

6.2%

Golf Tourism Solutions showed a 4.1% increase in number of rounds played at member courses on the Grand Strand

(RevPAR is revenue per available room, the most reliable measurement of tourism’s impact in S.C.)

over 2016

(outpacing growth average in U.S. and South Atlantic region)

Film production such as the DirectTV series “Mr. Mercedes” and the new “Halloween” movie

Commuting to work

Highest and lowest carpool numbers (3-person carpool)

2-person carpool

Source: 2016 American Community Survey, US Census Bureau

Highest

Lowest

2,663

148

Anderson

Cherokee

Greenville

Greenwood

DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT | www.gsabusiness.com

Laurens

Oconee

Pickens

Spartanburg

1,029

9,398

3,319

43,681 2,307

24,572

2,609

22,480

1,801

24,157

14,870

1,368

18,348

5,772

70,298 7,612 678 Abbeville

Union County 107,908

Greenville County

10,460

Drove alone

187,314

Source: S.C. Department of Parks, Recreation and Tourism

Union

South Carolina craft breweries

$650 Million Economic Impact, 2017

108,211

Barrels of craft beer produced per year Ranks 34 in U.S.

Ranks 28 in U.S.

Number of craft breweries operating per year

The Pint Law

increased the amount of beer a person could consume at a brewery per day from 4 tasting glasses to 48 ounces.

2011

2012

20 2013

Ranks 41st in U.S.

Two more bills signed

The first allows craft breweries to donate their product to charities and provides that brewers may participate in nonprofit events by pouring their beverages and providing equipment. The second bill allows breweries to sell liquor, which helps brewpubs planning to distribute their product.

The Stone Law

allowed breweries to sell more than 3 pints of beer per customer if the brewery has a food service permit from the S.C. Department of Health and Environmental Control.

Gallons per 21+ Adult

One of the drivers of the expansion of the craft beer industry in S.C. has been the passage of bills by the state legislature that favor the industry.

0.9

2014

2015

2016

2017 Source: Brewers Association

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| DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT

Gross Domestic Product by Metropolitan Area, 2007 - 2016

Percentage change from 2007-2016

2007 GDP

2016 GDP

36.3%

54.4%

Measured in Billions of U.S. Dollars

$80B $70B $60B $50B

32.3%

38.4%

48.3%

$40B $30B

35.4%

37.9%

$26.1B $38.7B

$51.7B $79.8B

$29.4B $40.7B

$59.2B $80.7B

$30.3B $40.1B

$13.0B $17.6B

Charleston

Raleigh, N.C.

Greenville

Richmond, Va.

Columbia

Savannah

$18.2B

$10B

$13.2B

$20B

Asheville, N.C.

Source: U.S. Department of Commerce Bureau of Economic Analysis

Fastest-growing jobs

Vehicles moving through the port

IT positions on the list of 100 fastest-growing jobs in S.C. 3. Computer-controlled machine tool operators, metal and plastics 6. Web developers

31.54%

FY2018

258,804

from FY2017

26.92%

12. Computer systems analysts

23.36%

16. Software developers, applications

21.71%

Greer Inland Port moves

19.05%

33. Software developers, systems software 18.35% 43. Computer user support specialists 15.62%

-10.3% 232,075

FY2017

Rank in S.C. | Job Growth % 2014-2024

29. Information security analysts

= 10,000 vehicles

140,000

121,761

120,000

117,812

91,698

100,000 80,000

73. Network and computer systems administrators 11.89%

60,000

97. Computer network support specialists 9.95%

20,000

DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT | www.gsabusiness.com

THE TREND:

58,407

40,000

19,512 FY2014

199%

57%

33%

-3%

FY2015

FY2016

FY2017

FY2018

VEHICLE SHIPMENTS DOWN BMW has been reconfiguring its line to prepare for production of a new vehicle. That has caused a slow-down in the current rate of production. This has also caused a drop in moves at the Greer inland port.

Source: S.C. State Ports Authority

The economic impact of the Bassmaster The Bassmaster Elite Series is the biggest thing in pro bass fishing and the Classic is the biggest event in the series. The season is structured more like the PGA in that the “Superbowl of bass fishing” is a mid-season event.

11,000 fans 56 boats were expected to watch judges weigh the fish.

$23 million

Impact across the Upstate

Anderson County:

$52 million

Number the courtesy dock in the Bassmaster Classic will hold at one time.

Green Pond Landing and Event Center was built in Anderson County, opening in 2014 with a three-lane concrete boat ramp long enough to accommodate historic highs and lows in the water level.

Combined economic impact of 21 tournaments, including two Bassmaster Classics

$3.1 million

The amount of money Anderson County spent; it will spend $2M more on further development.

Hotels:

18 hours live: The tournament was live streamed six hours daily for three days to audiences around the country and world.

Largest Launch: The largest event launching from Green Pond Landing was a 350-boat Bassmastersponsored high school tournament in April 2017.

BASS booked 4,000 nights of hotel rooms for staff, sponsors, anglers and associated families.

Arts in South Carolina The arts contribute millions of dollars directly into our economy, and millions more in indirect spending. That other reason for having a rich arts culture — the pure enjoyment of it — also plays a role in our business community, attracting and retaining a deeper pool of talent from workers who expect more out of life.

$269 million It is estimated that the cluster of economic activities around the arts yields state tax revenue which is...

$9.7 billion S.C. arts-related sector adds $9.7 billion to the state’s economy through jobs, tax revenue and spending.

3.9%

of the state’s revenue base.

Cultural Districts of S.C. Rock Hill Lancaster

Spartanburg Congaree Vista

Beaufort Bluffton

Florence Greenwood

A cultural district is a geographic area that has a concentration of cultural facilities, activities and assets. It is a walkable area that is easily identifiable to visitors and residents and serves as a center of cultural, artistic and economic activity.

114,987 jobs are support by the arts and represent

5.2%

of the state’s employment base Source: S.C. Arts Commission

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| DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT

EDUCATION

veryone in the Upstate is a short drive from higher education opportunities that range from the highly esteemed public research university in Clemson to private colleges with stellar reputations, such as Furman University, Limestone College, Anderson University and Wofford College. Two- and four-year colleges are spread throughout the Upstate, and every county has at least one technical college campus. Tri-County Technical College in Pendleton serves Anderson, Oconee and Pickens counties, while Greenville Technical College has multiple campuses and Spartanburg Community College serves Spartanburg County. Piedmont Technical College serves seven counties from eight locations, including Abbeville, Greenwood and Laurens counties. Clemson University is increasingly integrated into the region through its business, bioscience and education courses. Clemson's Master of Business Administration program is based in Greenville’s bustling downtown, where students have the opportunity to rub elbows with Fortune 500 companies and international firms. Various graduatelevel degrees can be earned at the University Center of Greenville at McAlister Square. Greenville is also home to the University of South Carolina School of Medicine Greenville. Spartanburg has the University of South Carolina-Upstate, a part of the University of South Carolina system, and Greenwood has state-assisted Lander University. SECTION SPONSOR

EDUCATION | www.gsabusiness.com

FAST FACTS » $52,171

The average teacher salary in Spartanburg District 7 — the highest average in the Upstate. PAGE 18

» 40

Percentage of Greenville County residents who hold an associate's degree or higher. PAGE 20

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| EDUCATION

DISTRICT DATA

GREENVILLE

7 SPARTANBURG 3 5 6

PICKENS

2015-2016 teacher pay, per pupil expenditure, and enrollment

OCONEE

1 4 5 ANDERSON

CHEROKEE

UNION

55 2

LAURENS 56

ABBEVILLE

ANDERSON 1

ANDERSON 2

ANDERSON 3

ANDERSON 4

ANDERSON 5

CHEROKEE

GREENVILLE

GREENWOOD 50

GREENWOOD 51

GREENWOOD 52

Average Teacher Salary.................................$48,089 Enrollment..................................................................3,004 Per Pupil Expenditure....................................... $9,890 % of 12th graders tested....................................34.4% SAT Score 2017...........................................................1002

Average Teacher Salary...................................$47,401 Enrollment.................................................................. 2,632 Per Pupil Expenditure........................................ $9,061 % of 12th graders tested....................................20.7% SAT Score 2017............................................................1018

Average Teacher Salary.................................$50,528 Enrollment.................................................................76,861 Per Pupil Expenditure....................................... $8,549 % of 12th graders tested.....................................49.1% SAT Score 2017...........................................................1088

Average Teacher Salary.................................. $50,179 Enrollment..................................................................9,905 Per Pupil Expenditure............................................. $7,719 % of 12th graders tested....................................39.8% SAT Score 2017...........................................................1096

Average Teacher Salary................................... $51,133 Enrollment..................................................................2,909 Per Pupil Expenditure...................................... $10,973 % of 12th graders tested....................................26.6% SAT Score 2017...........................................................1042

Average Teacher Salary.................................$48,439 Enrollment...................................................................9,015 Per Pupil Expenditure.........................................$9,160 % of 12th graders tested....................................52.5% SAT Score 2017...........................................................1050

ABBEVILLE

Average Teacher Salary..................................$47,005 Enrollment..................................................................3,844 Per Pupil Expenditure....................................... $9,300 % of 12th graders tested....................................32.7% SAT Score 2017........................................................... 1075

Average Teacher Salary.................................$48,408 Enrollment.................................................................12,876 Per Pupil Expenditure........................................$9,746 % of 12th graders tested.....................................41.9% SAT Score 2017...........................................................1053

Average Teacher Salary.........................$43,911 Enrollment.......................................................943 Per Pupil Expenditure......................................$10,225 % of 12th graders tested....................................... 39% SAT Score 2016.............................................................996

52 GREENWOOD

Average Teacher Salary..................................$49,812 Enrollment.................................................................. 9,024 Per Pupil Expenditure.......................................$10,130 % of 12th graders tested................................... 34.9% SAT Score 2017...........................................................1026

Average Teacher Salary.................................$50,666 Enrollment...................................................................1,608 Per Pupil Expenditure......................................$10,097 % of 12th graders tested....................................53.6% SAT Score 2016...........................................................1003

Lowest average teacher salary and lowest enrollment in the Upstate

LAURENS 55

LAURENS 56

OCONEE

PICKENS

SPARTANBURG 1

SPARTANBURG 2

SPARTANBURG 3

SPARTANBURG 4

SPARTANBURG 5

SPARTANBURG 6

SPARTANBURG 7

UNION

Highest average teacher salary and highest per pupil expenditure in the Upstate

Lowest average SAT Score in the Upstate

Average Teacher Salary................................... $47,317 Enrollment..................................................................5,920 Per Pupil Expenditure....................................... $9,504 % of 12th graders tested....................................... 27% SAT Score 2016.............................................................993

Average Teacher Salary..................................$50,144 Enrollment.................................................................. 5,047 Per Pupil Expenditure.......................................$10,164 % of 12th graders tested....................................23.6% SAT Score 2016...........................................................1066

Average Teacher Salary..................................$51,208 Enrollment................................................................... 8,186 Per Pupil Expenditure........................................$9,832 % of 12th graders tested.....................................37.2% SAT Score 2016........................................................... 1079

Average Teacher Salary..................................$48,791 Enrollment..................................................................3,038 Per Pupil Expenditure......................................$10,939 % of 12th graders tested................................... 43.5% SAT Score 2016.............................................................993

Average Teacher Salary................................ $50,400 Enrollment................................................................ 10,044 Per Pupil Expenditure....................................... $8,984 % of 12th graders tested....................................28.7% SAT Score 2016........................................................... 1075

Average Teacher Salary..................................$50,014 Enrollment..................................................................11,354 Per Pupil Expenditure........................................$9,787 % of 12th graders tested................................... 43.3% SAT Score 2016........................................................... 1023

Average Teacher Salary................................... $51,139 Enrollment................................................................ 10,345 Per Pupil Expenditure......................................$10,833 % of 12th graders tested....................................23.4% SAT Score 2016..............................................................1112

Average Teacher Salary.................................$49,663 Enrollment...................................................................2,927 Per Pupil Expenditure...................................... $12,477 % of 12th graders tested......................................31.1% SAT Score 2016...........................................................1068

Average Teacher Salary......................... $52,171 Enrollment....................................................................7,337 Per Pupil Expenditure............................. $13,912 % of 12th graders tested................................... 48.2% SAT Score 2016........................................................... 1078

Average Teacher Salary.................................$49,489 Enrollment................................................................ 16,338 Per Pupil Expenditure........................................ $8,310 % of 12th graders tested.....................................31.7% SAT Score 2016...........................................................1098

Average Teacher Salary...................................$51,574 Enrollment.................................................................. 2,739 Per Pupil Expenditure........................................$8,735 % of 12th graders tested................................... 40.8% SAT Score 2016...........................................................1056

Average Teacher Salary.................................$46,342 Enrollment..................................................................4,025 Per Pupil Expenditure........................................$8,824 % of 12th graders tested....................................45.5% SAT Score 2016.................................................961

Source: South Carolina Department of Education

EDUCATION | www.gsabusiness.com

Annual college tuition costs

For selected S.C. public colleges and universities. - 2008—2009

CLEMSON UNIVERSITY

- 2017—2018

$10,608

- percentage change

$14,712

Total R&D expenditures At universities and colleges in S.C. (dollar amounts are in thousands)

Top 3 R&D universities in South Carolina

$300,000

39% $250,000

COLLEGE OF CHARLESTON

$8,400

$11,998

Clemson University

43%

$210,716 2016

$207,306 2014

$210,782

$260,098 2016

MUSC

2015

$243,534 2015

$242,594

$100,000

2014

50%

$183,965

$12,626

$150,000 $171,215

39%

2016

$8,428

THE CITADEL

$12,262

$200,000

$161,070

$8,838

19%

2014

USC COLUMBIA*

$13,917

2015

$11,731

MUSC**

USC

$12,000

30%

$8,000

Benedict College

Claflin University

Coastal Carolina Univ.

2016

2015

$1,600 $1,928 $1,869 2014

2016

$2,166 $1,862 $1,779

Source: SC Commission on Higher Education for public universities *Excludes medicine, law and pharmacy **Excludes medicine, dentistry and pharmacy; includes nursing and health professions only

$2,000

2014

$16,000

2015

$12,000 $14,000

2016

$10,000

2015

$8,000

$1,818 $1,255 $1,772

$6,000

2014

$4,000

2016

$2,000

29%

$2,479 $1,373 $1,653

$4,280

2015

$3,330

2014

$6,000 TRIDENT TECHNICAL COLLEGE

Furman University

2016

38%

2014

$10,740

2015

$7,806

SC STATE

$10,034 $10,607 $10,189

$10,000

College of Charleston

2016

$11,200

2015

$8,650

2014

COASTAL CAROLINA

$13,147 $12,607 $13,076

$14,000

SC State University

Source: National Center for Science and Engineering Statistics

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| EDUCATION

Higher educational attainment of people 25 years and older by county – ASSOCIATE’S DEGREE

– BACHELOR’S DEGREE

– GRADUATE OR PROFESSIONAL DEGREE

– TOTAL PERCENTAGE

41.67% Greenville County has the highest percentage of people who have attained an associate's degree or higher

11.81%

30.25% 23.4%

7.27%

4.49%

7.60%

23.1% 5.97%

21.07%

12.75%

9.26%

34.24%

15.94%

10%

9.29%

10.23%

Abbeville

Anderson

33.56%

32.44%

23.21%

32.86%

9.63%

9.64%

8.11%

5.15%

14.71%

8.79%

10.70%

Cherokee

Greenville

Greenwood

4.3%

13.87%

13.96%

9.05%

8.93%

9.97%

10.04%

9.62%

Laurens

Oconee

Pickens

Spartanburg

Union

8.9%

9.01%

7.13%

22.82%

Source: U.S. Census Bureau, American Community Survey

Enrollment analysis 100,000 90,000

94,434

97,420

98,318

97,584

95,744

91,726 86,315

84,270

82,770

81,227

80,000 70,000 60,000 50,000

48,333

50,106

51,608

53,313

56,042

54,787

THE TREND:

40,000

ENROLLMENT DROPPING IN TECHNICAL COLLEGES

30,000 20,000 10,000 0

2008

2009

2010

2011

2012

- Technical Colleges: Totals from Aiken Technical College, Central Carolina Technical College, Denmark Technical College, Florence-Darlington Technical College, Greenville Technical College, Horry-Georgetown Technical College, Midlands Technical College, Northeastern Technical College, Orangeburg-Calhoun Technical College, Piedmont Technical College, Spartanburg Community College, Technical College of The Lowcountry, Tri-County Technical College, Trident Technical College, Williamsburg Technical College, and York Technical College

-3.6%

% change of 2017 over 2008

EDUCATION | www.gsabusiness.com

2013

57,726

59,414

60,491

62,103

28.5%

% change of 2017 over 2008

When the recession took hold in 2008, students started to enroll in technical colleges at an increasing rate. Tech schools experienced a 16.7% growth from 2008 to peak enrollment in 2011.

2014

2015

2016

2017

– Research Institutions: Totals from U.S.C.-Columbia, Clemson University, and MUSC

Source: S.C. Commission on Higher Education

Colleges and Universities Ranked by 2017 Fall Total Enrollment School

Phone / Website Email

Administrator(s) / Year Founded

Total Enrollment

Faculty / Total Employees

Public/Private

Top Three Undergraduate Majors, by Enrollment

Clemson University 201 Sikes Hall Clemson , SC 29634

864-656-3311 www.clemson.edu graduate_school@clemson.edu

James P. Clements 1889

23,202

1,486 5,222

Public

Engineering, Business, Biological and Biomedical Sciences

Greenville Technical College 506 South Pleasantburg Drive Greenville, SC 29607

864-250-8000 www.gvltec.edu inforequest@gvltec.edu

Keith Miller 1962

11,930

324 706

Public

University Transfer Management Computer Technology

Tri-County Technical College 7900 U.S. Highway 76 Pendleton, SC 29670

864-646-8361 www.tctc.edu info@tctc.edu

Ronnie L. Booth 1962

6,128

250 325

Public

Associate in Arts Associate in Science Nursing

University of South Carolina Upstate 800 University Way Spartanburg, SC 29303

864-503-5000 www.uscupstate.edu info@uscupstate.edu

Brendan Kelly 1967

5,821

250 563

Public

Nursing Business Administration Experimental Psychology

Spartanburg Community College 107 Community College Drive Spartanburg, SC 29303

864-592-4600 www.sccsc.edu admissions@sccsc.edu

Henry Giles 1963

4,600

126 311

Public

AA/AS Mechatronics Management

Piedmont Technical College 620 N. Emerald Road Greenwood, SC 29648

800-868-5528 www.ptc.edu info@ptc.edu

Ray Brooks 1966

4,596

113 262

Public

Associate in Business Associate in Nursing University Transfer

Furman University 3300 Poinsett Highway Greenville, SC 29613

864-294-2000 www.furman.edu web@furman.edu

Elizabeth Davis 1826

2,980

230 860

Private

Health Sciences Business Administration Political Science

Bob Jones University 1700 Wade Hampton Blvd. Greenville, SC 29614

864-242-5100 www.bju.edu info@bju.edu

Stephen Pettit, Gary Weier, Marshall Franklin, Sam Horn 1927

2,916

184 592

Private

Business Administration Nursing Accounting

Lander University 320 Stanley Ave. Greenwood, SC 29649

864-388-8307 www.lander.edu admissions@lander.edu

Richard E. Cosentino 1872

2,848

147 416

Public

Business Administration Education Exercise Science

Anderson University 316 Boulevard Anderson, SC 29621

864-231-2000 www.andersonuniversity.edu webmaster@andersonuniversity.edu

Evans P. Whitaker 1911

2,845

145 357

Private

Business Education Visual and Performing Arts

Limestone College 1115 College Drive Gaffney, SC 29340

864-488-4371 http://limestone.edu mba@limestone.edu

Walt Griffin 1845

2,645

97 360

Private

Business Administration Physical Education Sports Management

North Greenville University 7801 N Tigerville Road Tigerville, SC 29688

864-977-7000 www.ngu.edu admissions@ngu.edu

Gene Fant Jr. 1892

2,567

153 487

Private

Education Business Administration Sport Management

Wofford College 429 N. Church St. Spartanburg, SC 29303

864-597-4000 www.wofford.edu admission@wofford.edu

Nayef H. Samhat 1854

1,650

143 431

Private

Biology Business Economics English

Because of space constraints, only the top-ranked companies are printed. For a full list of participating companies, visit http://www.scbiznews.com/buy-businesslists. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com.

Researched by GSA Business Report staff

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| EDUCATION

MEDICAL & HEALTH CARE

outh Carolina has traditionally lagged behind most of the country in health. There aren’t enough doctors and nurses to take care of us and we have a history of not taking very good care of ourselves. We have made progress in some areas, however. The whole country has. We see innovative ideas being put to use throughout the Upstate. GHS has, over the last few years, become an academic health center as well as home to the University of South Carolina School of Medicine Greenville. The Greenvillebased health system teamed up with Palmetto Health to establish a system that stretches to the Midlands, but it’s too early to know what that relationship means to the community. GHS and Clemson University are opening a four-story building on the GHS campus that almost triples the number of nursing students that Clemson can accommodate. Greenville Health System is the largest in the region, but not the only provider. The Upstate has a myriad of health care providers from Bon Secours St. Francis, Spartanburg Regional Medical Center, AnMed Health Medical Center and all of their affiliates.

SECTION SPONSOR

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FAST FACTS » 215,983

The number of South Carolinians who used the marketplace for Affordable Care Act enrollment November-December 2017. PAGE 28

» 44

South Carolina's overall health ranking out of 50 states, according to research by America's Health Rankings. PAGE 27

Primary care physicians per capita in the Upstate Abbeville

2,080:1

Anderson

1,500:1

Greenwood

Pickens Spartanburg Union

MEDICAL & HEALTH CARE | www.gsabusiness.com

201

Greenville

Union

Anderson

Laurens

1,850:1

1,560:1

Abbeville

1,480:1

Greenwood

2,310:1

Cherokee

12 130

1,750:1

Spartanburg

Pickens

Oconee

940:1

Oconee

514

78 41

960:1

Laurens

=100 population:PCP ratio

2,340:1

Cherokee Greenville

This chart shows the ratio of the population to primary care physicians. Primary care physicians include practicing non-federal physicians (M.D.â&#x20AC;&#x2122;s and D.O.â&#x20AC;&#x2122;s) under age 75 specializing in general practice medicine, family medicine, internal medicine and pediatrics. The ratio represents the number of individuals served by one physician in a county, if the population was equally distributed across physicians. For example, if a county has a population of 50,000 and has 20 primary care physicians, their ratio would be: 2,500:1

=100+ =50-100 =0-50 =Number of PCP per county

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| MEDICAL & HEALTH CARE

S.C. ranks 38th in national survey of child well-being A decrease in the number of children without health insurance helped South Carolina achieve its highestever ranking in an annual nationwide survey of child well-being, though data shows the state continues to struggle with education issues. South Carolina ranked 38th in the nation in the Annie E. Casey Foundation’s 2018 Kids Count Data Book report. The state ranked 36th in children’s health, with 4%, or 44,000 of its 1 million children, without health insurance. This represents a 51% decrease in that number since 2010. Those numbers were in line with nationwide figures. Four percent of children, or 3.3 million, across the country lacked health insurance in 2016 — 2.6 million fewer than in 2010. – Greenville

– Spartanburg

ECONOMIC WELL-BEING

EDUCATION

– South Carolina

Children 0-17 in households with incomes below the poverty level, 2015

Rank in S.C. Greenville County.......................2 Spartanburg County.................4 Anderson County...................... 12 Rank in U.S. South Carolina...........................34

– Anderson

17.7%

Rank

21.5%

25.1%

24.4%

Cumulative percent of children failing grades 1, 2, or 3, 2015

Rank in S.C. Greenville County.......................9 Spartanburg County.................6 Anderson County........................4

Own children living in families where no parent is in labor force, 2011-2015

19.4% 19.5%

7.1%

8.1%

4.7%

9.5%

65.5% 63.9%

23.1%

11.1% 6.8% 6.8%

66.7%

Eighth graders testing below state standards in math, 2015 63.4% 63.6%

67.9%

Dropouts as a percentage of the total enrollment for grades 9-12, 2014-2015

4.7%

3.6% 2.7%

Rank

Low-birthweight babies, 2015

Infant mortality rate per 1,000 10.2

8.3% 8.2% 8.5%

9.5%

5.3

5.9

Child deaths, ages 1-14, rate per 100,000, 2015

2.3% 1.6%

1.6%

Teen deaths, ages 15-19 per 100,000, 2015

20.4

7.0

Rank in S.C. Greenville County....................... 7 Spartanburg County............... 12 Anderson County......................18

16.7

79.2

16.6

78.4 63.6

41.4

Rank in U.S. South Carolina...........................36

5.8 Rank

FAMILY AND COMMUNITY

15 19 36

Children living in single parent families, 2011-2015

Rank in S.C. Greenville County.......................8 Spartanburg County............... 12 Anderson County......................16 Rank in U.S. South Carolina............................37

8.5%

61.0%

Rank in U.S. South Carolina............................41

HEALTH

Teens age 16-19 not enrolled in school and not working, 2011 - 2015

19.2%

9.2%

Third graders testing below state standards in reading, 2015 59.5%

4.2%

Owner-occupied housing where household spends at least 30 percent of their income on housing, 2011 - 2015

39.3% 33.7%

Rank

37.3%

41.5%

15 30 29

Families where householder lacks a Children living in concentrated areas high school diploma, 2011-2015 of poverty, 2011-2015 10.9%

13.5%

15.1%

Births to teens 15 to 19 years of age per 1,000, 2015 31.6

11.8%

24.9 14.8%

14.1%

12.8%

26.1

21.9

8.3%

19 24

24 19 15

14 25

Source: Children’s Trust of South Carolina

MEDICAL & HEALTH CARE | www.gsabusiness.com

Opioid crisis in South Carolina

Deaths from opioid overdose by county, 2016

Cherokee

Greenville

53 Spartanburg 10 36

Pickens

Oconee

Union

South Carolina data show that, contrary to popular belief, the opioid abuse problem results in more deaths in larger, more-populated counties than in rural areas. Horry, Charleston and Greenville counties, respectively, accounted for the highest number of deaths from opioid drug abuse in 2016. Twelve counties, all of them smaller and mostly rural, had one or no deaths from opioid drug abuse, the data show.

York Chester

Anderson

Laurens

Abbeville

McCormick

Number of deaths

Edgefield

Allendale

11 - 25

Hampton

26-50

Jasper

51-101

Horry

101

Clarendon Williamsburg

Georgetown

Dorchester

Berkeley

Colleton

Charleston

Marion

Florence

Orangeburg Bamberg

Sumter

Dillon

Darlington Lee

Calhoun

Aiken Barnwell

6 - 10

Lexington

Richland

0-5

Saluda

Marlboro

Kershaw

Fairfield

Newberry

Greenwood

Lancaster Chesterfield

Beaufort

Source: S.C. Department of Health and Environmental Control

S.C. health care rankings Affordable Care Act Numbers show S.C.â&#x20AC;&#x2122;s ranking among 50 states. No. 1 is best, No. 50 is worst. Adults with diabetes

2017 2016 2015 2014

Adults who binge drink

2017 2016 2015 2014

Obese Adults

2017 2016 2015 2014

Adults with high cholesterol

2017 2016 2015 2014

Infant deaths per 1,000 live births

2017 2016 2015 2014

Preventable hospitalizations

2017 2016 2015 2014

45th 38th 41st 41st

4 4 th

25th 11th

15th

S.C. overa rank in U ll .S.

14th

39th 42nd 47th 47th

42nd 20th 20th 20th 36th 43rd 43rd 47th 18th

36th 42nd 44th

Source: Americaâ&#x20AC;&#x2122;s Health Rankings, United Health Foundation

S.C. figures for the November 2017-December 2017 enrollment period.

215,983

29+71

TOTAL MARKETPLACE USERS

71%

RE-ENROLLEES

29%

NEW CUSTOMERS

202,261

INDIVIDUALS DETERMINED ELIGIBLE TO ENROLL WITH FINANCIAL ASSISTANCE* *ALL OF THESE MAY NOT HAVE ENROLLED

Source: Center for Medicare and Medicaid Services

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| MEDICAL & HEALTH CARE

FINANCE

anking institutions experienced a boom over the last couple of years. From 2016 to 2017, total assets for insured institutions jumped from $28.1 billion to $36.1 billion in South Carolina. If access to money is the backbone of a vibrant marketplace, then our region has a pretty good spine. Even the smallest banking market, Union County, has nine options for residents and businesses deciding where to do their banking. Greenville County, meanwhile, is robust with 158 banking offices and more than $11 billion in deposits as of June 30, 2017. It seems that customers are making adjustments to new ways, too, with almost half checking bank balances with a mobile device.

FAST FACTS Âť $11.58B

The value of total deposits in Greenville banks as of June 30, 2017. PAGE 34

Âť 56,027

The number of members in the Upstate's largest credit union. Find out which one it is. PAGE 32

SECTION SPONSOR

FINANCE | www.gsabusiness.com

Projected impact of federal tax reform for tax year 2018, S.C. residents

42% Unchanged tax liability

31+27+42

Changes in tax rate for married joint-filers

31% Decreased

Percent of total returns in S.C.

2017

2018

Up to $19,050

tax liability

10%

15%

12%

Over $19,050 to $77,400

25%

22%

Over $77,400 to $156,150

27% Increased

Over $77,400 to $165,000

28%

24%

Over $156,150 to $237,950

tax liability

Over $165,000 to $315,000

33%

32%

Over $237,950 to $424,950

35%

43% of S.C. residents have zero tax liability

Over $424,950 to $480,050

Over $315,000 to $400,000

35%

Over $400,000 to $600,000

39.6%

37%

Over $480,050

Over $600,000 Source: S.C. Dept of Revenue and Fiscal Affairs

Mobilized for finance

What do mobile bankers do?

The Federal Reserve reported data on mobile banking activities for the U.S. in March that shows a rising trend toward adoption among adults with a bank account over five years.

20%

2011

26%

2012

30%

2013

35%

2014

7% Send money to

38%

21% - Deposit check

2015

The Fed asked general users to offer their opinions about how safe they felt using mobile apps and mobile banking services in 2015.

3% - Very Unsafe 19% - Somewhat unsafe

16+55+1937

FINANCE | www.gsabusiness.com

SAFETY LEVEL

24% - Receive alert

a person

What about security? 6% - Unsure

The Federal Reserve report showed that most mobile banking users check on their balance, move money between accounts and receive alerts on their mobile device.

40% - Check balance

15%

16% - Very safe

55% - Somewhat safe

20% - Pay bill Locate branch/ ATM

Transfer between 25% - accounts Source: Federal Reserve

South Carolina banking performance All insured institutions

Total assets

THE TREND:

30.8% increase in total assets

$40B

$30B

31+69

Number of institutions reporting

$27.6B

CONSOLIDATION IN BANKING

$36.1B

Mergers and aquisitions in the industry have led to a decrease in the number of banking institutions in the last three years.

$28.1B

2016

2017

$20B 2015

Percentage of unprofitable institutions

$10B

2015

2016

2017

8.3+91.7 12.5+87.3 16+84 8.3%

12.5%

15.9%

2015

2016

2017

Source: Federal Deposit Insurance Corp., Division of Insurance and Research

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FINANCE

The Upstateâ&#x20AC;&#x2122;s largest credit unions Assets and number of members as of Q4 2017, the latest data available $400,000,000

$369,921,035

MEMBERS

56,027 $350,000,000

$300,000,000 $221,838,836 $250,000,000

27,110

$175,697,002

17,050 $200,000,000 $106,116,797

$150,000,000

14,226

$94,573,589

12,801

$94,003,037

13,297

$79,718,712

6,899

$55,645,998

10,834

$100,000,000

$50,000,000

S.C. Telco Federal Credit Union

Greenville Federal Credit Union

MTC Federal Credit Union

Carolina Foothills Federal Credit Union

Greenville Heritage Federal Credit Union

Anderson Federal Credit Union

Secured Advantage Federal Credit Union

Upstate Federal Credit Union Source: National Credit Union Administration

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Banks

Ranked by Market* Share Institution

Phone / Website

Top Local Official(s) / Year Founded

Market Share

Market Deposits

Market Branches

Wells Fargo & Co. 15 S. Main St., Greenville, SC 29601

800-869-3557 www.wellsfargo.com

Ethan Burroughs, Brian A. Rogers 1852

15.81%

$3,980,184,000

Bank of America N.A. 101 N. Main St., Greenville, SC 29609

864-271-5787 www.bankofamerica.com

Stacy Brandon, Scott Mitchell 1904

12.39%

$3,120,014,000

BB&T (Branch Banking & Trust Co.) 301 College St., Greenville, SC 29601

864-242-8000 www.bbt.com

Mike Brenan, Jon M. Chilton 1872

10.77%

$2,710,136,000

TD Bank N.A. 104 S. Main St., Greenville, SC 29601

864-552-9025 www.tdbank.com

David Lominack 1852

7.37%

$1,855,436,000

First Citizens Bank & Trust Co. Inc. 325 W. McBee Ave., Greenville, SC 29601

864-255-3700 www.firstcitizensonline.com

Chris Riely 1913

6.48%

$1,630,421,000

United Community Bank 550 S. Main St., Greenville, SC 29601

864-250-7656 www.ucbi.com

H. Lynn Harton 1950

4.49%

$1,130,948,000

South State Bank 200 E. Broad St. , Greenville, SC 29601

864-250-4455 www.southstatebank.com

Rhett Baker, John F. Windley 1934

4.15%

$1,043,939,000

Oconee Federal Savings and Loan Association 115 E. N. Second St., Seneca, SC 29678

864-882-2765 www.oconeefederal.com

Curtis T. Evatt 1924

4.00%

$291,126,000

Bank of Travelers Rest 42 Plaza Drive, Travelers Rest, SC 29690

864-834-9031 www.bankoftravelersrest.com

R. Bruce White 1946

2.45%

$615,689,000

Park Sterling Bank 300 N. Main St., Suite 203, Greenville, SC 29601

864-941-8200 www.parksterlingbank.com

E. Dixon Harrill Jr. 2006

2.05%

$515,239,000

GrandSouth Bank 380 Halton Road, Greenville, SC 29607

864-770-1000 www.grandsouth.com

JB Schwiers 1998

1.75%

$439,793,000

Carolina Alliance Bank 200 S. Church St., Spartanburg, SC 29306

864-208-2265 www.carolinaalliancebank.com

John D. Kimberly 2007

1.67%

$421,324,000

Arthur State Bank 100 E. Main St., Union, SC 29379

864-427-1213 www.arthurstatebank.com

J. Carlisle Oxner III 1933

1.55%

$389,063,000

*Market includes Abbeville, Anderson, Cherokee, Greenville, Greenwood, Laurens, Oconee, Pickens, Spartanburg and Union counties. Source: Federal Deposit Insurance Corp. deposit market share report as of June 30, 2017. Because of space constraints, only the top-ranked companies are printed. For a full list of participating companies, visit http://www.scbiznews.com/buy-business-lists. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com.

Researched by GSA Business Report staff

www.gsabusiness.com |

FINANCE

S.C. UPSTATE BANKS BY COUNTY Abbeville

Counties of the

UPSTATE

Number of offices..................................8 Deposits............................$224.9 million Market Share (SC).........................0.27%

Anderson

Number of offices................................10 Deposits...............................$509 million Market Share (SC).........................0.60%

Greenville

Number of offices..............................158 Deposits.............................$11.58 billion Market Share (SC).......................13.70%

Greenwood

Number of offices................................15 Deposits...............................$946 million Market Share (SC).........................1.12%

Number of offices................................12 Deposits...............................$511 million Market Share (SC).........................0.60%

Oconee

Number of offices................................56 Deposits...............................$2.86 billion Market Share (SC).........................3.38%

Cherokee

Laurens

Number of offices................................22 Deposits.................................$1.2 billion Market Share (SC).........................1.44%

ost of us have a favorite bank we do business with. The Upstate has many options for individual and commercial banking. Here, for each of the 10 Upstate counties, we show the number of offices, total deposits and market share within the state of South Carolina. The numbers were effective June 30, 2017, the latest available data.

Pickens

Number of offices................................30 Deposits.................................$1.8 billion Market Share (SC).........................2.12%

Spartanburg

Number of offices................................65 Deposits.................................$5.2 billion Market Share (SC).........................6.21%

Union

Number of offices..................................9 Deposits...............................$284 million Market Share (SC).........................0.34%

Source: Federal Deposit Insurance Corp.

FINANCE | www.gsabusiness.com

Consumer affairs complaints in S.C. Scams and high-pressure tactics targeting consumers are always with us, says the S.C. Department of Consumer Affairs. They say if a deal sounds too good to be true, requires immediate response or makes you uncomfortable, just walk away.

Complaints received in 2017

4,004

Refunds, credits and adjustments earned for consumers in 2017

$2,511,240

Top 5 sources of complaints Vehicles

Utilities

Real Estate/ Timeshare

Contractors

Debt Collection

18%

12%

7.5%

6.5%

Source: S.C. Department of Consumer Affairs

www.gsabusiness.com |

FINANCE

REAL ESTATE

he price of homes in the Upstate continued to rise in 2017 is on the rise and so is the amount of closed home sales in the area. Median home prices in the Upstate grew in Greenville for example, from $180,000 in 2016 to $189,000 in 2017. The median price in Spartanburg rose by $10,000 over the year, from $145,000 to $155,000. For a slightly longer view, the median price of a Spartanburg home was $123,000 in 2013 and for Greater Greenville it was $154,000. A home spent 102 days on the market, on average, in Spartanburg in 2017, and 53 days in the Greater Greenville area.

FAST FACTS Âť $189,000

The median price for a home in Greater Greenville in 2017. PAGE 42

Âť 5.3%

Increase in sales price for single-family homes in South Carolina from 2016 to 2017. PAGE 44

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REAL ESTATE | www.gsabusiness.com

Upstate real estate market at-a-glance The real estate market is looking up in the Upstate. Prices and sales are up, and days on the market before sale are down in most communities. Continuing low interest rates have fueled buyers to take action.

Area historical median home prices

– Western Upstate

– Spartanburg

– Greater Greenville

$200K $189K $180K

$180K $170K

$165K $160K

$160K

$155K

$154K

$151K

$150K

$140K

$137K

$134K

$145K

$135K $125K

$123K

$120K

$100K

2013

2014

2015

2016

2017

Total closed sales

Days on market

Percent condos

Year end 2017 data

12,959

7.8%

7.4%

102

5,129

4,968

Western Upstate

Spartanburg

Greater Greenville

Western Upstate

Spartanburg

Greater Greenville

3.2%

Western Upstate

Spartanburg

Greater Greenville

Source: South Carolina Association of Realtors, 2017 Annual Report

REAL ESTATE | www.gsabusiness.com

Greenville real estate trends

Vacancy rate Average rental rate (full service) Net absorption

Office Data Trends -260,559 353,266 $20.66

$21.24

Net absorption

Vacancy rate

Net absorption

Average rental rate (nnn) All retail spaces

Average rental rate (nnn) Retail shop space (<10,000 sf)

Vacancy rate

Retail Data Trends 90,881 $19.80

102,210

-39,996

$19.04

$13.17 $11.02

119,395

-77,429

$13.64 $11.56

-12,994

2017 Q4

12.13%

2017 Q3

2017 Q2

11.95%

11.41%

2018 Q1

$10.40

2017 Q3

10.83% 10.23%

9.85%

2017 Q4

Industrial Data Trends 2,779,029 1,054,001

702,731

1,497

$3.76

$3.69

$3.52

$3.58

2018 Q1

2017 Q4

2017 Q3

2017 Q2

6.72%

6.83%

2017 Q3

2017 Q2

$13.24 $10.94

$6.42 2018 Q1

Average rental rate (full service)

10.14%

2017 Q2

10.38% 6.84% 5.83%

2018 Q1

2017 Q4

2017 Q3

2017 Q2

2018 Q1

2017 Q4

2017 Q3

2017 Q2

2018 Q1

2017 Q4

Source: Colliers International & CoStar

www.gsabusiness.com

| REAL ESTATE

2017 South Carolina home sales at-a-glance Average days on market

Median sales price

104

Average days on market

+5.3%

Average days on market

Single-family homes

Change in price from 2016-2017

Condos

Change in price from 2016-2017

Single-family Homes

– 2013 Single-family Homes

+5.0%

– 2014

Condos

This chart uses a rolling 12-month average for each data point. $160K

$181K

$169K

$190K

Condos

– 2015

– 2016

$200K

1-2014

1-2015

1-2016

Single-Family Homes

1-2017

$132K

$126K

$120K

1-2013

– 2017

$139K

$146K

Condos

Bedroom count review Closed sales 2016

2 bedrooms or fewer 12,042

2017

12,962

3 bedrooms

4 bedrooms or more

+7.6%

Market share in 2017

+47.8%

from 2016 to 2017

42,046

2016 2017

43,479 25,624

2016

26,808

2017

Percent of list price received 98%

Top areas: 4 bedrooms or more

This chart uses a rolling 12-month average for each data point.

North Augusta

+3.4%

+37.4%

+36.8%

Charleston Trident

Sumter

+36.4%

Aiken

Greater Greenville

from 2016 to 2017

3 bedrooms

Columbia

from 2016 to 2017

+4.6%

2 bedrooms or fewer

+39.8%

4 bedrooms or more

This chart uses a rolling 12-month average for each data point.

97% 96% 95% 94% 93% 92% 1-2013

1-2014

1-2015

1-2016

1-2017 Source: S.C. Association of Realtors, 2017 Annual Report

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| REAL ESTATE

DRÄXLMAIER GROUP

Dedicated to community As a socially responsible member of the regions in which it operates, the DRÄXLMAIER Group considers shaping the cultural, social and economic environment as an integral part of its business activities. One means of doing this is supporting non-profit organizations and social institutions.

ver the years, the German Tier 1 automotive supplier's plant site in Duncan has supported charitable organizations and events like the American Heart Association's Heart Walk and the American Cancer Society's Relay for Life. Two years ago, the company took its employee engagement one step further when it handed the decision-making responsibilities what organizations to support to it employees. This step led to the creation of a very special and very dedicated employee-driven group: the DRÄXLMAIER Charity Committee. "We initially started out in October 2016 with 14 members who all share a passion for charity work and the desire to make a positive impact in our community," said Denell Jackson, a financial controller at the Duncan site, who heads the voluntary and cross-functional committee. "The response was so overwhelming that our group has now grown to include a 15-member subcommittee as well." The group hit the ground running with supply drives for an area animal shelter and local firemen who were fighting wildfires that were raging in North and South Carolina at that time. In December 2016, the committee organized an Angel Tree gift drive event to make sure that the 20 children living at Southeastern Children's Home in Duncan would have a Christmas to remember. "We then decided that the best way to make the biggest impact would be to focus on specific charities," said Cynthia Thomas, a production project manager at DRÄXLMAIER and also an original member of the committee. These charities are determined with the input of all employees at the DRÄXLMAIER site in Duncan. For the past two falls, the committee members have asked their co-workers in a survey to suggest which non-profit organizations to support. The top four vote getters make up the charities of the quarter. For each, the committee will organize fundraisers throughout the respective three-month periods, with the proceeds from all events to benefit the selected charity. In 2017, its first full year of operation, the DRÄXLMAIER Charity Committee raised more

DRÄXLMAIER plant in Duncan, SC

than $11,500 and over 600 items for its four charities of the quarter, as well as two other organizations with special drives – like one to support the hurricane relief efforts of the American Red Cross in Louisiana and Texas last September. A spontaneous cash donation drive yielded more than $1,000 in less than two weeks for the cause. Another success for the DRÄXLMAIER Charity Committee is its support and special bond with the Duncan-based Southeastern Children's Home. The company has supported this organization for several years in the past, but with the help of the committee, the partnership was taken to a new level. In addition to the very popular "Angel Tree," on which the children leave tags with their Christmas wishes, DRÄXLMAIER employees volunteered their time to take the boys and girls from Southeastern Children's Home on an arcade or to a local mall. The gift cards for both activities were donated by the Charity Committee. "What is especially remarkable is the fact that our employees donate their individual time or funds to give back to the community," said Plant Change

2018 Market Facts | Special Advertising Supplement

Management Engineer Eva Grande, who has also been an original member of the committee. This year, the DRÄXLMAIER Charity Committee has already raised funds for its first two charities of the quarter, the American Heart Association and Upstate Warriors Solution. The latter's mission is to offer quality of life solutions for military personnel on active duty or veterans living in the Upstate and their families. ”Many of our employees stated that they wanted to focus on some kind of veteran-related charity," said Jackson, adding that when choosing a charity, the committee looks for organizations that use funds responsibly, are local and support a cause our employees care about. "UWS is very local operating only in the Upstate area." In the second half of 2018, the DRÄXLMAIER Charity Committee will raise funds and donate personal time to the Spartanburg chapter of Habitat of Humanity and the Southeastern Children's Home, which was voted back by the employees. The fundraising will be done through a slew of events, including "Spirit Week." The weeklong event,

DRÄXLMAIER GROUP

DRÄXLMAIER Charity Committee

which debuted last year as the committee's premium fundraiser, will feature daily activities, including auctions, raffles, bake sales, hot dog sales, a cornhole tournament and special theme days (like 1980s Day or Sports Day) for every day of the week. Employees will also have the opportunity to sink their manager and supervisor in a dunk tank – all in good spirit and for a great cause. "Last year, we raised a lot of money for the Shriners Hospital for Children as part of Spirit Week," said Chip Vogel, director of Procurement for DRÄXLMAIER in the Americas, noting that the $4,600 clearly surpassed the initial goal of $1,000. "It is always amazing to see what we as DRÄXLMAIER employees are capable of being to each other and our community. We are truly one large family." There is no doubt that being a socially responsible member of the community is deeply ingrained in the way the DRÄXLMAIER Group and its employees go about their business. Combined with the generosity of the employees at the Duncan site, it is that corporate spirit that will keep on driving the success and sustainability of the

DRÄXLMAIER Charity Committee. "None of this would be possible without the support and participation from the entire DRÄXLMAIER family," said Jackson. "The charity committee is representative of the collective group of employees at the Duncan site. It can't be successful without everyone's help and input." The DRÄXLMAIER Group is a Tier I supplier to the international automotive industry, one of the world’s top automotive suppliers utilizing state-ofthe-art processes. The family-owned company – established in 1958 and headquartered in Germany – operates more than 60 sites in more than 20 countries, producing complex wiring harness systems, premium vehicle interiors and battery systems. As the inventor of customized wiring harnesses, DRÄXLMAIER is known worldwide for its trendsetting technologies and products in conventional and alternative drive systems. Forty percent of their patents are five years old or less. At its U.S. headquarters in Duncan, which opened in 1998, the company manufactures instrument

panels, center consoles and door panels primarily for upscale BMW Sports Activity Vehicles.

1751 E Main Street Duncan, SC 29334 (864) 485-1000 www.us.draexlmaier.com

Special Advertising Supplement | 2018 Market Facts

Residential Real Estate Firms Ranked by $ Value of Residential Sales in 2016 in the Upstate Company

Top Local Official(s) / Year Founded

Phone / Website

Sales Volume: (2016) / Current No. of Listings

Upstate Offices / Residential Agents

$947,577,933 4,302

10 375

$630,000,000 2,721

7 188

Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS 745 N. Pleasantburg Drive Greenville, SC 29607

864-678-2002 www.cdanjoyner.com

Coldwell Banker Caine 111 Williams St. Greenville, SC 29601

864-250-2850 www.cbcaine.com

Danny Joyner, Fritzi Barbour, Elizabeth GrayCarr, Rusty Garrett, Matthew Thrift, Pat Allen 1964 Amanda Jones, Amanda Hamet, Erika DeRoberts 1933

Allen Tate Realtors 323 Buncombe St. Greenville, SC 29601

864-297-1953 www.allentate.com

Martha Hayhurst 1957

$339,126,082 1,713

5 135

1st Choice Realty Inc. 1209 Stamp Creek Road Salem, SC 29676

864-944-2400 www.1stchoicerealty-sc.com

John C. Pulliam 2000

$147,821,000 604

5 55

Wilson Associates 213 E. Broad Street Greenville, SC 29601

864-640-8700 www.wilsonassociates.net

Sharon Wilson 2014

$112,824,038 292

1 14

The Marchant Co. Inc. 100 W. Stone Ave. Greenville, SC 29609

864-467-0085 www.marchantco.com

Seabrook L. Marchant 1993

$99,900,000 401

2 39

Joy Real Estate Co. Inc. 309 E. Butler Road Mauldin, SC 29662

864-297-3111 www.joyrealestate.com

Craig Bailey 1975

$87,000,000 480

2 88

McAlister Realty 955 W. Wade Hampton Blvd., Suite 9B Greer, SC 29650

864-292-0400 www.builderpeople.com

Stan McAlister 1988

$47,637,076 226

1 19

BHR LLC dba Bob Hill Realty 528 By-Pass 123, Suite D Seneca, SC 29678

864-882-0855 www.bobhillrealty.com

Michael S Hill 1996

$40,000,000 185

2 15

Gibbs Realty and Auction Co. Inc. 4891 Highway 153, Suite D Easley, SC 29642

864-295-3333 www.gibbsrealty.net

Darrell Gibbs 1994

$40,000,000 425

6 16

Top Guns Realty Inc. 15481 N. Highway 11 Salem, SC 29671

800-682-9098 www.lakekeoweerealestateexpert.com

Matt Roach 1998

$24,150,000 82

1 2

Del-Co Realty Group 2507 Wade Hampton Blvd. Greenville, SC 29615

894-292-3333 http://delcorealty.com

Lisa D. Alexander 1975

$23,023,357 108

1 23

Montgomery Realty Group LLC 330 Pelham Road, Suite 209-B Greenville, SC 29615

864-416-1031 www.MontgomeryRealtySC.com

Michael Montgomery 2010

$16,846,863 134

1 9

Researched by GSA Business Report staff

Apartment vacancy in the Upstate Greenville-Spartanburg-Anderson Submarket Comparison

Greenville-Spartanburg-Anderson Vacancy Trends

Anderson Units Surveyed/ Vacant Units

Greenville Units Surveyed/ Vacant Units

Spartanburg Units Surveyed/ Vacant Units

Anderson Vacancy Rate

Greenville Vacancy Rate

Spartanburg Vacancy Rate

2,679/109

9,666/760 7,823/540

East

6,801/433

2,716/284 2,182/426

1,000

2,000

6.9%

3,000

8.1%

7.9%

6.7%

7.9% 5.8%

5.8%

May 2015

Nov. 2015

6.4%

4% 3%

19.5%

3,382/229

East

7.9%

10.5%

4,218/323

West

9% 8%

4.1%

South

10%

7.7%

6.8% 4,000

5,000

6,000

7,000

8,000

9,000 10,000

May 2016

Nov. 2016

May 2017

Nov. 2017

Source: Real Data, Greenville Apartment Index, December 2017, www.aptindex.com

REAL ESTATE | www.gsabusiness.com

Commercial Real Estate Firms Ranked by No. of Sale/Lease Transactions in 2016

2016 Tranactions: No./Value

Comm. Brokers/ Current Listings/ Upstate Offices

Jon A. Good 1986

644 $402,214,644

48 698 3

Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse

864-583-1001 www.spencerhines.com jellis@spencerhines.com

Lynn Spencer, Bobby Hines, Benjamin Hines 1986

435 $102,465,502

16 485 2

Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse

Colliers International 55 E. Camperdown Way, Suite 200 Greenville, SC 29601

864-297-4950 www.colliers.com/southcarolina -

David M. Feild 1906

237 $136,400,000

13 185 1

Agricultural, flex, health care, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse

Coldwell Banker Commercial Caine 117 Williams St. Greenville, SC 29601

864-250-4640 www.cbccaine.com dwhitfield@cbccaine.com

Brad Halter 1933

152 $73,891,000

11 110 2

Flex, health care, income-producing, industrial, land, multifamily, office, restaurant, retail, warehouse

Joyner Commercial: the Commercial Division of Berkshire Hathaway C. Dan Joyner, REALTORS 24 Vardry St., 4th Floor Greenville, SC 29601

864-233-7724 www.joynercommercial.com mcarter@joynercommercial.com

C. Dan Joyner Jr., Matt Carter 1964

143 $89,162,500

21 123 1

Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse, portfolio analysis, lease analysis

Windsor Aughtry Co. 40 W. Broad St., Suite 500 Greenville , SC 29601

864-271-9855 www.windsoraughtry.com bcagle@windsoraughtry.com

Jay Alexander 1988

127 $71,336,722

10 150 1

Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, warehouse

Langston-Black Real Estate Inc. 1001 W. Wade Hampton Blvd. Greer, SC 29650

864-848-9070 www.langston-black.com rraffaldt@langston-black.com

Charles B Langston Jr. 1992

126 $37,965,230

16 184 2

Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse

Cushman & Wakefield | Thalhimer 15 S. Main St., Suite 925 Greenville, SC 29601

864-370-8155 www.thalhimer.com brian.young@thalhimer.com

Brian J. Young 1913

65 $146,726,425

7 56 1

Flex, income-producing, industrial, land, multifamily, office, restaurant, retail, warehouse

Shaw Resources 126 Millport Circle Greenville, SC 29607

864-233-6391 www.shawresourcesinc.com joseph@shawresourcesinc.com

Jack E. Shaw 1954

50 $5,000,000

3 30 1

Flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, warehouse

Avison Young - South Carolina Inc. 511 Rhett St., Suite 1B Greenville, SC 29601

864-334-4145 http://www.avisonyoung.us/en_US/web/greenville avisonyoungsouthcarolina@gmail.com

Christopher B. Fraser 2013

39 $18,757,034

8 43 1

Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse

KDS Commercial Properties LLC 340 Rocky Slope Road, Suite 302 Greenville, SC 29607

864-242-4200 www.kdsproperties.com marketing@kdsproperties.com

Michael W. Kiriakides 2001

34 $32,800,000

10 45 1

Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse

Lyons Industrial Properties 812 E. Main St. Spartanburg, SC 29302

864-583-0094 www.lyonsindustrial.com bobby@lyonsindustrial.com

Bobby Lyons, Adam D. Padgett 1999

28 $14,250,000

5 56 1

Flex, industrial, warehouse

Griffin Property Solutions LLC 500 East North St., Suite D Greenville, SC 29601

877-477-1407 www.griffinpropertysolutions.com contact@griffinpropertysolutions.com

Mark Griffin 2012

26 $17,420,000

7 22 1

Flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, warehouse, certified business brokerage

Company

Phone / Website Email

NAI Earle Furman 101 E. Washington St., Suite 400 Greenville, SC 29601

864-232-9040 www.naiearlefurman.com info@naiearlefurman.com

Spencer Hines Properties LLC 380 S. Pine St. Spartanburg, SC 29302

Broker(s) in Charge / Year Founded

Specialization

Researched by GSA Business Report staff

www.gsabusiness.com

| REAL ESTATE

ARCHITECTURE ENGINEERING & CONSTRUCTION

onstruction in the Upstate continued to grow from 2016 to 2017. Construction costs in the Greenville-Anderson-Mauldin metropolitan statistical area grew rather dramatically from $1.2 billion in 2016 to $1.8 billion in 2017. Construction costs in Greenville were 8% higher than the national average, while the other metro statistical areas of the state were below the U.S. average. Construction costs climbed in Spartanburg too, from $329 million in 2016 to $387 million last year. Spartanburg also had the state’s largest year-over-year increase in housing building permits issued for the second year in a row, at 18.1%, though it was not as dramatic as the leap a year earlier when housing permits saw a 39.3% increase. Permits issued in the Greenville-Anderson-Mauldin metropolitan statistical area dropped by 6.1%; it was a more dramatic drop than a year earlier, when permits declined 1.1%.

FAST FACTS » -6.1%

The percentage decrease in housing building permits issued in the GreenvilleMauldin-Anderson metropolitan statistical area from 2016 to 2017. PAGE 50

» 8%

In most of South Carolina, the cost of construction is below the national average, but in Greenville County, it's 8% higher. PAGE 48

SECTION SPONSOR

ARCHITECTURE, ENGINEERING AND CONSTRUCTION | www.gsabusiness.com

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| ARCHITECTURE, ENGINEERING AND CONSTRUCTION

Total construction costs for S.C. metro areas

99+1

THE TREND:

CONSTRUCTION COSTS ON THE RISE ACROSS METRO AREAS

99%

$2B

The Greenville-Anderson-Mauldin area has seen its construction cost rise by 99% from 2014-2017. In 2017, they surpassed the Charleston area in total construction costs.

$1.8B $1.6B $1.4B

$1.5B

$1.3B

Charleston-North CharlestonSummerville

$1.75B

$1.2B

$1.25B

$1.2B

$1.1B

$904M

$840M

Greenville-Anderson-Mauldin

$790M

$760M

$672M

$1.0B

$750M

Columbia

$329M

$387M

$232M

$171M

$500M

$250 M

Spartanburg

2014

2015

2016

2017

0 Source: U.S. Census Bureau

S.C. construction costs mostly below U.S. average, 2017 To price jobs correctly, builders use area modification factors to estimate and adjust costs. Percentage factors in specific South Carolina cities are shown below.

Greenville

8% 7% 6% 5% 4% 3% 2% 1% U.S. Average -1% -2% -3% -4% -5% -6% -7% -8%

Beaufort

Myrtle Beach

Charleston

Columbia

Spartanburg

Rock Hill Source: 2017 National Building Cost Manual - Craftsman

ARCHITECTURE, ENGINEERING AND CONSTRUCTION | www.gsabusiness.com

STÄUBLI

Stäubli continues to set the pace in global mechatronics industry Innovation is the driving force behind global mechatronics leader Stäubli, and nowhere is that more evident than in the company’s North American headquarters in Duncan.

oger Varin, CEO of Stäubli North America, oversees operations in four locations from his base at the Spartanburg County facility, a 100,000-square-foot space with more than 150 workers that will soon get even larger. The Switzerland-based company, which celebrated its 125th anniversary in 2017, also has North American facilities in Mexico and Canada and a new sales and support office in Detroit. “Our executive committee is emphasizing the U.S. markets as key areas for growth,” Varin said. “We have plans to expand our capacity here in terms of manufacturing space and workforce in the very near future.” Stäubli’s product lines serve a variety of industries, including automotive, aeronautics, manufacturing and medical services. Stäubli’s global operations manufacture products as simple as air couplings and as complex as multitasking assembly robots. The company’s automotive couplings can be found in F1 and IndyCar race cars and their plastic couplings are helping cool the latest generation of data servers for major IT companies. The company’s main lines are textile weaving machines, which Varin says make up about 85% “The new TX2 has sensors that can detect a of the North American market, and person’s presence and slow down its processes automotive side airbags, which he or stop them altogether if that person touts as being 95% woven by continues to move closer. This allows “Our executive his company’s machines. for maximum space-saving on committee is Stäubli’s European manufacturing floors with no cages division builds some of and is a much safer overall design.” emphasizing the U.S. the most advanced robotic As manufacturing technology markets as key areas for devices for manufacturing evolves toward an increasing growth." in the world. Varin pointed amount of automation and to the new TX2 collaborative software-based processes, Varin said - ROGER VARIN robot just introduced in 2017 Stäubli’s focus is squarely on staying at as a huge step forward in robotic the forefront of that evolution. design. “We pride ourselves on being innovators,” “Typically, robots are used in factory he said. “We work with many global, higher-tier settings with a cage built around them,” he said. companies, BMW, Merck, Proctor and Gamble and “This is to protect workers from getting too close and others, and we strive to give our customers a greater risking injury while the robot is operating. return on their investment.”

Roger Varin, CEO of Stäubli North America

201 Parkway W. Duncan, SC 29334 (864) 433-1980 www.staubli.com

Special Advertising Supplement | 2018 Market Facts

New private housing units authorized by building permits in S.C. Recession

4,400

THE TREND:

PRIVATE HOUSING STILL RECOVERING

4,000

Though not at pre-recession levels, building permits continue to rise steadily across the state.

3,600 3,200 2,800 2,600 2,200 1,800 1,600 1,200 800

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Source: Federal Reserve Bank of St. Louis

Housing building permits for S.C. metro areas = 200 homes, 2016

39.3+60.7

18+82

1,921

5.7%

-6.1%

3.4%

4,627

5,753

5,403

6,974

7,373

4,785

2,268

Spartanburg

5.7+ 94.3 6.1+ 93.9 3.4+96.6

= 200 homes, 2017

= Percent change from 2015-2016

18.1%

Annual privately owned housing units

Columbia

Greenville-Anderson-Mauldin

Charleston-North CharlestonSummerville Source: U.S. Census Bureau

ARCHITECTURE, ENGINEERING AND CONSTRUCTION | www.gsabusiness.com

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| ARCHITECTURE, ENGINEERING AND CONSTRUCTION

General Contractors Ranked by Dollar Value of Contracts in 2016 Company

Phone / Website Email

Top Local Official(s) / Year Founded

Contracts: Value / No.

Evans General Contractors 550 South Main St., Suite 602 Greenville, SC 29601

864-849-0094 www.evansgeneralcontractors.com leberhart@evans-gc.com

Tim Evans, Christian Hersacher, Larry Eberhart 2001

$300,000,000 30

25%

Industrial design build general contractor, distribution, manufacturing, medical office, corporate office, institutional

McCrory Construction 777 Lowndes Hill Road, Building 3, Suite 107 Greenville, SC 29607

864-603-5840 www.mccroryconstruction.com jprice@mccroryconstruction.com

Don Warren, Fred Fulmer, John Price 1918

$161,000,000 15

35%

Design/build, pre-construction, construction management and general construction in commercial, retail, industrial and multifamily markets

Brasfield & Gorrie LLC 1 N. Main St., Suite 904 Greenville, SC 29601

864-704-1300 www.brasfieldgorrie.com

Ben Barfield 1964

$85,000,000 20

100%

Aerospace, commercial, education, energy, government, health care, hospitality, industrial, infrastructure, mission critical, multifamily, senior living, sports and entertainment, and water

Triangle Construction Company Inc. 2624 Laurens Road Greenville, SC 29607

864-288-5500 www.triangleconstruction.com cpatrick@triangleconstruction.com

Charley D. Patrick, Tom Baer, Bryant Nixon, William T. Trammell 1947

$70,000,000 28

85%

Design-build, education, cultural, commercial, retail, health care, multifamily, church, historical restoration and industrial for over 70 years

DPR Construction 504 Rhett St., Suite 205 Greenville, SC 29601

864-580-9008 www.dpr.com pr@dpr.com

Brandon Scott, Nick Ertmer 1990

$69,333,600 12

100%

Advanced technology (mission critical, entertainment and microelectronics); commercial office, healthcare, higher education, life sciences

O'Neal Inc. 10 Falcon Crest Drive Greenville, SC 29607

864-298-2000 www.onealinc.com info@onealinc.com

Kevin Bean, Judy Castleberry 1975

$62,500,000 35

15%

209

Engineering, procurement, construction of complex capital projects

Trehel Corp. 935 South Main St., Suite 300 Greenville, SC 29601

800-319-7006 www.trehel.com info@trehel.com

Will W. Huss Jr., Neal Workman 1982

$61,200,000 30

98%

Design-build, partnering, construction management at risk

Hogan Construction Group 10703 Anderson Road Easley, SC 29642

864-272-1527 www.HoganConstructionGroup.com

Chris Bowen 1998

$57,160,000 15

100%

Construction manager, design-build, general contracting; manufacturing and industrial; commercial, education, institutional, health care, and community projects

MB Kahn Construction Co. Inc.â&#x20AC;&#x201C; Greenville Division 116 Old Standing Springs Road Greenville, SC 29605

864-277-9105 www.mbkahn.com wkennedy@mbkahn.com

Jim Heard, Michael Dunlap, Whit Kennedy 1927

$54,000,000 8

100%

115

Industrial-manufacturing, commercial, institutional

Roebuck Buildings Co. Inc. 3600 S. Church St. Extension Roebuck, SC 29376

864-576-6330 www.roebuckbuildings.com dh@rbcgc.com

Dean Anderson 1947

$47,418,538 28

90%

Industry leader in general contracting of industrial and commercial projects;design build, design-bid-build, and construction management

THS Constructors Inc. 150 Executive Center Drive, Suite 108 Greenville, SC 29615

864-254-6066 www.thsconstructors.com shartman@thsconstructors.com

Howard Suitt, Dana L. Emberton, Tom Suitt 2005

$42,000,000 11

90%

Industrial, health care, office, research and development, distribution and manufacturing facilities; specialize in fast track design-build, lump sum and construction management

Crowder Industrial Construction LLC 1990 New Cut Road Spartanburg, SC 20303

864-661-1785 www.crowderusa.com pdorsch@crowderusa.com

Mike Reisinger, Brian Maness, Billy Cooley 1947

$40,000,000 8

40%

465

A self-perform, family owned heavy industrial contractor that specializes in power generation, process manufacturing. wood products and general automotive manufacturing projects

Renfrow Brothers Inc. 855 Gossett Road Spartanburg, SC 29307

864-579-0558 www.renfrowbros.com chris.simmons@renfrowindustrial.com

William Renfrow, Jesse Sprinkle, John Brasher, Chris Simmons 1993

$35,000,000 175

75%

400

Industrial contractor, mechanical, electrical, fabricating and machining

ARCHITECTURE, ENGINEERING AND CONSTRUCTION | www.gsabusiness.com

Work Done Locally

Local Employees

Areas of Specialization

Researched by GSA Business Report staff

Engineering Firms

Ranked by No. of Licensed Engineers in the Upstate Company

Phone / Website Email

Top Local Officials / Year Founded

No. of Engineers/ Employees

Fluor Corp. 100 Fluor Daniel Drive Greenville, SC 29607

864-281-4400 www.fluor.com

James Brown 1912

Day & Zimmermann 80 International Drive, Suite 100 Greenville, SC 29615

864-770-4500 www.dayzim.com capfx@dayzim.com

Guy Starr, Bill Wasilewski, Frank Williamson 1901

65 105

Leading provider of engineering, construction, and maintenance services for the power, process, and industrial markets

O'Neal Inc. 10 Falcon Crest Drive Greenville, SC 29607

864-298-2000 www.onealinc.com info@onealinc.com

Kevin Bean, Judy Castleberry 1975

52 209

Engineering, procurement, construction of complex capital projects

S&ME Inc. 301 Zima Park Road Spartanburg, SC 29301

864-574-2360 www.smeinc.com bschwartz@smeinc.com

Howard Perry, Bill Schwartz Jr. 1977

26 90

Geotechnical and environmental engineering, environmental site assessments, special inspections and construction materials testing, chapter 1 inspections, natural and cultural resources, air permitting, industrial hygiene, industrial permitting

Bunnell-Lammons Engineering, Inc. (BLE) 6004 Ponders Court Greenville, SC 29607

864-288-1265 www.blecorp.com info@blecorp.com

Dan Bunnell, Tom Lammons 1996

23 110

Environmental consulting, drilling services, geotechnical engineering, construction materials testing, materials laboratory, and solid waste services

Merrick & Company 3509 B Pelham Road Greenville, SC 29492

864-210-4269 www.merrick.com john.kosanovich@merrick.com

Wayne Wajciechowski, John Kosanovich 1955

20 8

Process, industrial, biotechnology, chemicals, power

DeVita & Associates Inc. 1150 E. Washington St. Greenville, SC 29601

864-232-6642 www.devitainc.com corp@devitainc.com

Darren C. Springer, W. Derrick Hiott, Thomas P. Moran 1984

18 65

Structural, precast concrete, mechanical, electrical, plumbing, fire protection, and commissioning services for private commercial development

Davis & Floyd Inc. 1319 Highway 72/221 E. Greenwood, SC 29649

864-229-5211 www.davisfloyd.com marketing@davisfloyd.com

Stephen L. Davis, Jason P. Eppley 1954

15 88

Architecture; civil works/site development; transportation, water, wastewater, stormwater, environmental, structural, mechanical, and electrical engineering; surveying; land planning/landscape architecture; CEI

AECOM 10 Patewood Drive, Building VI, Suite 500 Greenville, SC 29615

864-234-3000 www.aecom.com info@aecom.com

Erica King 1985

14 84

Environmental consulting, transportation engineering; water, wastewater and stormwater engineering; site development; GIS

Goodwyn, Mills & Cawood, Inc. 101 East Washington St., Suite 200 Greenville, SC 29601

864-527-0460 www.gmcnetwork.com info@gmcnetwork.com

Kevin Laird, Steve Cawood 1947

11 30

Water and wastewater, sports/recreation, K-12/higher education, environmental, transportation, commercial, industrial, landscape/master planning, geotechnical

Site Design Inc. 800 E. Washington St., Suite B Greenville, SC 29601

864-271-0496 www.sitedesign-inc.com laurie@sitedesign-inc.com

Andy Sherard, Mark Binsz, Craig Winnall 1991

11 44

Civil engineering, landscape architecture, land surveying

Summit Engineering, Laboratory & Testing, P.C. 1029 Old Stage Road, Suite D Simpsonville, SC 29681

864-932-3705 www.summit-companies.com rdeaver@summit-companies.com

Ross Deaver 2003

10 130

Geotechnical, environmental, material testing, special inspections, laboratory, structural

Design South Professionals Inc. 3 Linwa Blvd. Anderson, SC 29621

864-226-6111 www.dsouth.com brentw@dsouth.com

Chuck Joye, Joe Greenburg 1989

9 29

Water, wastewater, water resources, stormwater, site design, industrial, architecture

Areas of Specialization

144 2,555

Oil and gas; petrochemicals, government, power, industrial, infrastructure, operations and maintenance; mining and nuclear

Researched by GSA Business Report staff

Architecture Firms

Ranked by No. of Registered Architects in the Upstate Company

Phone / Website Email

Top Local Officials / Year Founded

Architects/Total Employees

McMillan Pazdan Smith 400 Augusta St., Suite 200 B Greenville, SC 29601

864-242-2033 www.mcmillanpazdansmith.com kcalhoun@mcmillanpazdansmith.com

Ron G. Smith, Joseph M. Pazdan II, Brad B. Smith 1955

54 166

Planning and programming, architecture, interior design, construction administration, historic preservation, sustainable design

O'Neal Inc. 10 Falcon Crest Drive Greenville, SC 29607

864-298-2000 www.onealinc.com info@onealinc.com

Kevin Bean, Judy Castleberry 1975

45 209

Project delivery planning, design, procurement, construction and equipment relocation services for capital projects

LS3P 110 W. North St., Suite 300 Greenville, SC 29601

864-235-0405 www.ls3p.com info@ls3p.com

Scott D. May, Charles J. Hultstrand 1963

17 41

Architecture, interiors, and planning

DP3 Architects, Ltd. 15 South Main St., Suite 400 Greenville, SC 29601

864-232-8200 www.dp3architects.com places@dp3architects.com

J. Michael Taylor, Meg Terry, Brian Thomas 1984

12 29

Architecture, interior design

MCA Architecture Inc. 28 Agora Place Greenville, SC 29615

864-232-8204 www.designmca.com sberry@designmca.com

Keith M. Clarke, Thomas S. Berry 1976

9 18

Industrial, commercial, corporate office, retail, medical office

Craig Gaulden Davis Inc. 19 Washington Park Greenville, SC 29601

864-242-0761 www.cgdarch.com kpoole@cgdarch.com

Edward T. Zeigler Jr., Scott E. Powell, David L. Dixon 1957

8 17

Architecture, planning and interior design

Batson Associates, Inc. 415 W. Washington St. Greenville, SC 29601

864-233-2232 www.batsonassociates.com jrfogle@bainc.com

Jeff Fogle, Louis P. Batson III, Geordan Terry 1981

5 12

Architecture

Johnston Design Group 411 University Ridge, Suite D Greenville, SC 29601

864-250-0701 www.johnstondesigngroup.us info@johnstondesigngroup.us

Scott Johnston 2001

4 17

Sustainable design

Neal Prince Studio 110 W. North St., Suite 300 Greenville, SC 29601

864-235-0405 www.nealprincestudio.com nealprincestudio@ls3p.com

John Edwards, Scott Crichton 1963

4 8

Architecture, custom homes

Langley & Associates Architects LLC 109 S. Main St. Greer, SC 29650

864-968-0224 www.la-architects.com amoran@la-architects.com

David E. Langley, David Greer, Richard D. Pittman 1995

3 7

Renovation and adaptive reuse, restaurants, health care, senior living, retail and office, industrial and religious

SGA Architecture 28 W. North St Greenville, SC 29601

864-609-4199 www.sgaarchitecture.com natasha@sgaarchitecture.com

Natasha Sexton, Jennifer Gosnell, Willy Schlein 1987

3 6

Architectural design focusing on development driven projects, K12, park and recreation, medical, cultural, hospitality, residential, retail and office design

Ard Wood Holcombe & Slate Architects & Planners 411 River St. Greenville, SC 29601

864-242-5450 www.awhsarchitects.com gmholcombe@awhsarchitects.com

George M. Holcombe, Charles W. Slate 1976

2 8

Commercial, health care, education, industrial, renovation and restoration, facility analysis, military, residential, religious, master planning

Chapman Design Group Inc. 3215 Highway 24 Anderson, SC 29626

864-224-7563 www.chapmandesign.com donald@chapmandesign.com

Donald G. Chapman, Joel Travis 1994

2 5

Commercial and residential; new construction, additions, renovations and adaptive reuse; S.C. certified master builder

www.gsabusiness.com

Major Services

Researched by GSA Business Report staff

| ARCHITECTURE, ENGINEERING AND CONSTRUCTION

BUSINESS RESOURCES

usinesses continues to thrive in the Upstate, and more people want to know how they can break out on their own and work for themselves. There are several great resources out there to find the information you are looking for. Inside these next few pages, we provide information needed for those looking to start a business and those looking for ways to finance their businesses. Of course, there are always legal questions surrounding owning and operating a business and we have included different types of legal business structures to help you determine the best path for you. Some of the world’s most forward- thinking companies have found the Upstate a great place to do business. Low energy costs, a low cost of living and low taxes, including a 5% corporate income tax rate, make South Carolina an attractive place to launch. Additionally, every corner of our region is rich with educational opportunities, including an MBA program delivered in the heart of downtown Greenville by Clemson University.

SECTION SPONSOR

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FAST FACTS » 681,894

Workforce of the 10-county Upstate region, effective July 2018. Of that number, only 23,126 were unemployed. Source: Upstate SC Alliance

» 10.8%

Percentage of Upstate workforce employed in retail trade. Only the manufacturing and government sectors make up a larger chunk of the workforce at 16% and 15.4% respectively. Source: Upstate SC Alliance

S.C. Constitutional Offices S.C. Governor Henry McMaster 803-734-2100 www.governor.sc.gov S.C. Lieutenant Governor Kevin L. Bryant 803-734-2080 ltgov.sc.gov/Pages/default.aspx Secretary of State Mark Hammond 803-734-2170 www.scsos.com Attorney General Alan Wilson 803-734-3970 www.scag.gov Treasurer Curtis M. Loftis Jr. 803-734-2101 www.treasurer.sc.gov Auditor George L. Kennedy III 803-832-8929 http://osa.sc.gov/Pages/default.aspx Superintendent of Schools Molly Spearman 803-734-8500 www.ed.sc.gov

Director of Insurance Raymond Farmer 803-737-6160 www.doi.sc.gov Comptroller Richard Eckstrom 803-734-2121 www.cg.sc.gov Commissioner of Agriculture Hugh E. Weathers 803-734-2179 www.agriculture.sc.gov Adjutant General Major General Robert E. Livingston, Jr. 803-299-4200 www.scguard.com Natural Resources Commissioner Alvin A. Taylor 803-734-4007 www.dnr.sc.gov Labor Director Emily H. Farr 803-896-4300 www.llr.state.sc.us Public Services Commissioner Comer H. “Randy” Randall 803-896-5100 www.psc.sc.gov

BUSINESS RESOURCES | www.gsabusiness.com

Upstate’s Congressional Representation U.S. Senate Lindsey Graham (R)* www.lgraham.senate.gov 864-250-1417 Tim Scott (R)* www.scott.senate.gov 864-233-5366

U.S. House of Representatives Jeff Duncan (R) * 3rd Congressional District: Edgefield, Saluda, McCormick, Greenwood, Abbeville, Anderson, Oconee, Pickens, and Laurens Counties, and portions of Greenville and Newberry counties www.jeffduncan.house.gov 864-681-1028 (Clinton office) 864-224-7401 (Anderson office) Trey Gowdy (R) * 4th Congressional District: Portions of Spartanburg and Greenville counties www.gowdy.house.gov 864-241-0175 (Greenville office) 864-583-3264 (Spartanburg office) Ralph Norman (R) * 5th Congressional District: Union, Chester, Fairfield, Kershaw, Lee, Lancaster and York counties, and portions of Newberry, Spartanburg, and Sumter counties www.norman.house.gov

S.C. General Assembly S.C. Senate

To contact senators, visit www. scstatehouse.gov/member.php?chamber=S

Thomas C. Alexander (R)* District 1 - Oconee and Pickens counties 803-212-6220 Rex F. Rice (R)* District 2 – Pickens County 803-212-6100 Richard J. Cash (R)* District 3 – Anderson County 803-212-6124 Michael W. “Mike” Gambrell (R)* District 4 - Abbeville, Anderson and Greenwood counties 803-212-6040 Thomas D. “Tom” Corbin (R)* District 5 – Greenville and Spartanburg counties 803-212-6100 William Timmons (R)* District 6 – Greenville County 803-212-6008 Karl B. Allen (D)* District 7 – Greenville County 803-212-6008

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Ross Turner (R)* District 8 – Greenville County 803-212-6148 Daniel B. “Danny” Verdin III (R)* District 9 – Greenville and Laurens counties 803-212-6250 Floyd Nicholson (D)* District 10 - Abbeville, Greenwood, McCormick and Saluda counties 803-212-6040 Glenn G. Reese (D)* District 11 – Spartanburg County 803-212-6108 Scott Talley (R)* District 12 - Greenville and Spartanburg counties 803-212-6048 Shane R. Martin (R)* District 13 - Greenville, Spartanburg and Union counties 803-212-6420 Harvey S. Peeler, Jr. (R)* District 14 - Cherokee, Spartanburg, Union and York counties 803-212-6430 Ronnie W. Cromer (R)* District 18 – Lexington, Newberry and Union counties 803-212-6240

S.C. House of Representatives

William E. “Bill” Sandifer III (R)* District 2 - Oconee and Pickens counties 803-734-3015

John R. McCravy III (R)* District 13 – Greenwood County 803-212-6939

Garry R. Smith (R)* District 27 – Greenville County 803-734-3141

Gary E. Clary (R)* District 3 – Pickens County 803-212-6908

Michael A. Pitts (R)* District 14 – Greenwood and Laurens counties 803-734-3114

Ashley B. Trantham (R)* District 28 – Greenville County 803-212-6966

David R. Hiott (R)* District 4 – Pickens County 803-734-3022

Mark N. Willis (R)* District 16 – Greenville and Laurens counties 803-212-6882

Neil A. Collins (R)* District 5 – Pickens County 803-212-6913 W. Brian White (R)* District 6 – Anderson County 803-734-3144 John Taliaferro “Jay” West IV (R)* District 7 - Abbeville and Anderson counties 803-212-6954 Jonathon D. Hill (R)* District 8 – Anderson County 803-212-6919 Anne J. Thayer (R)* District 9 – Anderson County 803-212-6889 Joshua A. Putnam (R)* District 10 - Anderson, Greenville and Pickens counties 803-212-6931

Craig A. Gagnon (R)* District 11 - Abbeville and Anderson To contact representatives, visit www. scstatehouse.gov/member.php?chamber=H counties 803-212-6934 William R. “Bill” Whitmire (R)* District 1 – Oconee County 803-734-3068

J. Anne Parks (D)* District 12 – Greenwood and McCormick counties 803-734-3069

BUSINESS RESOURCES | www.gsabusiness.com

James Mikell “Mike” Burns (R)* District 17 – Greenville County 803-212-6891 Tommy M. Stringer (R)* District 18 – Greenville County 803-212-6881 Dwight A. Loftis (R)* District 19 – Greenville County 803-734-3101 Daniel P. “Dan” Hamilton (R)* District 20 – Greenville County 803-212-6795 Phyllis J. Henderson (R)* District 21 – Greenville County 803-212-6883

Rosalyn D. Henderson-Myers (D)* District 31 – Spartanburg County 803-212-6965 J. Derham Cole Jr. (R)* District 32 – Spartanburg County 803-212-6790 Edward R. “Eddie” Tallon Sr. (R)* District 33 – Spartanburg County 803-212-6893 P. Michael “Mike” Forrester (R)* District 34 – Spartanburg County 803-212-6792 William M. “Bill” Chumley (R)* District 35 – Greenville and Spartanburg counties 803-212-6894 Merita A. “Rita” Allison (R)* District 36 – Greenville and Spartanburg counties 803-734-3053

Jason Elliott (R)* District 22 – Greenville County 803-212-6877

Steven Wayne Long (R)* District 37 – Spartanburg County 803-212-6878

Chandra E. Dillard (D)* District 23 – Greenville County 803-212-6791

Josiah Magnuson (R)* District 38 – Spartanburg County 803-212-6876

Bruce W. Bannister (R)* District 24 – Greenville County 803-212-6944

Michael A. “Mike” Anthony (D)* District 42 – Laurens and Union counties 803-734-3060

Leola C. Robinson-Simpson (D) District 25 – Greenville County 803-212-6941

FINANCING YOUR BUSINESS Where to go for assistance LOANS

The U.S. Small Business Administration facilitates some loans: • The 7(a) Loan program is the most flexible and most commonly used. These are not government loans but come from banks and approved lenders. The SBA reduces the lender’s risk. • Basic loans and a special loan programs are offered for international trade and exports. • 504 Loans from the SBA are specifically for expansion needs such as land, buildings and equipment. • Microloans are also available for up to $50,000 for businesses. The SBA works with more than 100 intermediaries for the small loans. Information is available at www.communityworkscarolina.com for the Upstate. • The State Trade and Export Promotion program provides matching funds assisting small businesses working in international markets. • The Small Business Innovation Research program is a competitive program for domestic small businesses competing for federal research and development grants. The program is designed to encourage research and development by providing an incentive for commercialization. • A similar program, the Small Business Technology Transfer Program, is a direct partnership between the R&D budgets of federal agencies, such as defense and energy and small business.

Source: https://www.sba.gov/sites/default/files/files/resourceguide_3145.pdf

Economic development agencies and nonprofit organizations can also provide some financing. Here are some items to think about: • You will need to apply for the loan and provide information such as what needs to be purchased, how the loan will be used and who is managing the funds. • You will need to provide: • A resume and business plan. • Personal and business credit report. • Income tax returns. • Financial statements from your business. • Some loans may require collateral. • You may also need to submit the legal documents regarding your business organization

GRANTS

Federal grants are available but only for noncommercial organizations. These are targeted toward medicine, education, research and technology. Some states provide grants for specific industries. Most require matching funds or other forms of financing such as a loan. Source: U.S. Small Business Administration

VENTURE CAPITAL

• Venture capital is a type of equity financing that addresses the funding needs of entrepreneurial companies that cannot seek capital from more traditional sources. It is typically targeted to startups and high-growth technology companies. • Profit is shared with the investors, who have a right to call in the capital. Funds are typically from limited partners, pension funds and hedge funds. • The SBA has a Small Business Investment Company Program that works with licensed private investment funds to provide growth capital to U.S. small businesses. • The SBIC Directory is available at https://www.sba.gov/content/sbic-directory. • Some of these funds come from angel investor groups.

OTHER FINANCE AIDS

BusinessUSA Financing Tool This is a search tool for government financing for your business. These are not grants, but typically loans or contracts available to small businesses. • http://business.usa.gov/access-financing Amber Grants for Women This is a special organization to help women. The website also has a specialized search tool for loans and grants for women-owned businesses. • www.ambergrantsforwomen.com S.C. Division of Small and Minority Business Contracting and Certification This site serves as a one-stop shop for those looking for minority-owned businesses or looking to become certified as a minority-owned business. • Provides a connection to state contract and procurement opportunities through the Materials Management Office. • Provides workshops, consultation and dispute resolution for business. http://osmba.sc.gov/

www.gsabusiness.com

| BUSINESS RESOURCES

STEP-BY-STEP GUIDE FOR STARTING A BUSINESS From The U.S. Small Business Administration: Step 1: Write a business plan. Step 2: Get business assistance and training. Step 3: Choose a business location. Step 4: Finance your business. Step 5: Determine the legal structure of your business. LLC, sole proprietorship, general partnership, C corporation, or other special structures: www.scbos.sc.gov Step 6: Register a business name (“doing business as”). Step 7: Get a Tax Identification Number. This is a federal requirement from the IRS. Here is a link to IRS information from S.C. Business One Stop: www.scbos.sc.gov/business-resources Step 8: Register for state and local taxes. Step 9: Obtain business licenses and permits. These are county and city requirements. Check with your local government offices: • LLCs and corporations have to register with the S.C. Secretary of State’s office • Retailers must register with the S.C. Department of Revenue for sales, use and accommodation taxes. • Some specific businesses and occupations require licenses, such as real estate agents, barbers and lawyers. Selling alcohol, food or clothing requires special licenses from the S.C. Department of Labor, Licensing and Regulation. Step 10: Understand employer responsibilities. The process is described at www.scbos.sc.gov/portals/0/site/business%20resources/ planning_on_hiring_or_adding_new_employee.pdf

Here are some other helpful lists for starting a business: S.C. businesses: www.scsbdc.com/start.php Columbia businesses: www.columbiasc.net/business/starting-a-business/startup-checklist Charleston Score: www.score.org/resources/first-steps-getting-your-business-and-running From the IRS: www.irs.gov/businesses/small-businesses-&-self-employed/starting-a-business Here are some links to running a self-assessment to make sure owning a business is right for you: • www.score.org/resources/entrepreneur-mindset-skills • www.sba.gov/content/entrepreneurship-you Source: U.S. Small Business Administration

BUSINESS RESOURCES | www.gsabusiness.com

LEGAL STRUCTURES OF BUSINESSES When you set up your business, you will need to choose the proper legal structure. Here are some of the choices, each meeting particular needs: Sole proprietorship:

A simple informal structure that is inexpensive to form. The owner operates it, is personally liable for all business debts, can freely transfer all or part of the business, and can report profit or loss on personal income tax returns using Schedule C.

Limited liability company:

Generally considered advantageous for small business because it combines the limited personal liability of a corporation with the tax advantage of a partnership or sole proprietorship.

General partnership:

Partnerships are inexpensive to form. They require an agreement between two or more individuals or entities to jointly own and operate a business. Profit, loss and managerial duties are shared among the partners, and each is personally liable for partnership debts. The partnership does not pay income tax but must file an informational return. Individual partners report their share of profits and losses on their personal return.

Corporation (Inc. or Ltd.):

This is a complex business structure with more startup costs. A corporation is a legal entity separate from its owners, who own shares of stock in the company. It can be created for profit or nonprofit purposes. Profits are subject to income tax at both the corporate level and when distributed to shareholders. Shareholders are not personally liable for corporate obligations as long as corporate formalities have been observed.

Sub chapter S corporation (Inc. or Ltd.):

This structure is identical to the C corporation in many ways but offers avoidance of double taxation. If a corporation qualifies for S status with the IRS, it is taxed like a partnership. SOURCE: S.C. Small Business Development Center

For more information and other structures:

• www.sba.gov/category/navigation-structure/starting-managing-business/ starting-business • www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/BusinessStructures

Economic Development Organizations Ranked by No. of Employees

Phone/ Website

Top Official/ Year Founded

864-242-9801 www.gcra-sc.org

Doug Dent 1974

To improve the quality of life for residents of Greenville County through the implementation of innovative community development and revitalization strategies

864-283-2300 www.upstatescalliance.com

John Lummus 2000

To position and market the Upstate to compete for business investment globally; to spearhead a global strategy to attract new investment to the region; to increase opportunities, ultimately leading to greater investment, enhancing the prosperity and quality of life for the Upstate

864 - 2352008 www.gogadc.com

Mark Farris 2002-10-25

Recruit new companies to Greenville and help existing business expand with the goal of raising quality of life for Greenville County citizens

864-656-0797 www.clemson.edu/curf

Vincie C. Albritton, Chris Gesswein 1982

To generate research funding opportunities for Clemson University to support research initiatives and advance university created discoveries into new products and services for public use and benefit

864-594-5000 www.economicfuturesgroup.com

R. Carter Smith 2000

To drive the international business movement in the Southeast and target industries of automotive, advanced materials, biosciences, energy and logistics to reflect existing industries and sectors expected to perform well economically in the area

864-260-4386

Burriss Nelson 1986

To recruit, create and support new industries within Anderson County and provide support to existing industries and businesses, in order to create jobs, wealth and an expanded tax base in Anderson County

864-388-1250 www.partnershipalliance.com

Heather Simmons Jones 1986

To provide leadership and financial support to improve economic growth and educational achievement in Greenwood County, in order to enhance the area's quality of life

864-382-2350 www.adcloans.com

Connally Bradley 1982

The ADC provides SBA 504 loans throughout South Carolina and revolving loans in 13 counties; all loans are used to assist in the growth and economic development of businesses

864-231-2601 www.andersoncityeconomicdevelopment.com

Kimberly Spears 2014

The Economic Development Division focuses on plans and programs fostering the economic development and redevelopment of the city, including areas of recruitment, real estate development, business expansion/ retention, marketing, promotions and planning

864-638-4210 www.investoconeesc.com

Richard K. Blackwell 1960

Public-private nonprofit effort to accelerate job creation and capital investment, increase per capita income, diversify the local tax base and generate awareness of Oconee County as a business location

864-283-2313 www.tenatthetop.org

Dean Hybl 2009

The mission of Ten at the Top is to foster trust and collaboration through partnerships and cooperation that impact economic vitality and quality of life across Upstate South Carolina

Greer Development Corp. 111-B S. Main St. Greer, SC 29650

864-416-0125 www.greerdevelopment.com

Reno Deaton 2002

Retention of Greer's existing businesses; recruiting targeted industries and high-impact commercial businesses; coordinating the recruitment and redevelopment activities for historic downtown Greer; facilitating the development of new sites and buildings to encourage new, high-quality development; and marketing the Greer community

Laurens County Development Corp. P.O. Box 427 Clinton, SC 29325

864-939-0580 www.growlaurenscounty.com

Jonathan Coleman 2007

To ensure Laurens County continues to be a community of “accelerating progress” that focuses on economic opportunities that result in a viable future for all residents

Company Greenville County Redevelopment Authority 301 University Ridge, Suite 2500 Greenville, SC 29601 Upstate SC Alliance 124 Verdae Blvd., Suite 202 Greenville, SC 29607 Greenville Area Development Corporation 233 N. Main Suite 250 Greenville, SC 29601 Clemson University Research Foundation P.O. Box 946 Clemson, SC 29631 Spartanburg Economic Futures Group 105 North Pine St. Spartanburg, SC 29302 Anderson County Office of Economic Development 126 N. McDuffie St. Anderson, SC 29621 Greenwood Partnership Alliance P.O. Box 366 Greenwood, SC 29646 Appalachian Developpment Corp. 880 S. Pleasantburg Drive, Suite 3-E Greenville, SC 29607 City of Anderson Economic Development 401 S. Main St. Anderson, SC 29625 Oconee Economic Alliance 528 U.S. Highway 123 Bypass, Suite G Seneca, SC 29678 Ten at the Top 124 Verdae Blvd., Suite 202 Greenville, SC 29607

Employees

Mission/Description

Researched by GSA Business Report staff

www.gsabusiness.com

| BUSINESS RESOURCES

Chambers of Commerce Chambers in the Upstate, Ranked by No. of Members

Chamber

Phone / Website / Email

Top Local Official/ Year Founded

Greenville Chamber 24 Cleveland St. Greenville, SC 29601

864-242-1050 www.greenvillechamber.org mmann@greenvillechamber.org

Carlos Phillips 1879

Spartanburg Area Chamber of Commerce 105 N. Pine St. Spartanburg, SC 29302

864-594-5000 www.spartanburgchamber.com spartanburgchamber@spartanburgchamber.com

Allen Smith 1919

Greenwood Area Chamber of Commerce 110 Phoenix St. Greenwood, SC 29646

864-223-8431 www.GreenwoodSCchamber.org info@greenwoodscchamber.org

S.C. Hispanic Chamber of Commerce 714 Pettigru St., Suite C Greenville, SC 29601

Members/ Employees/ Volunteers

Geographic Coverage

Mission / Description

1,718 25 150

Greenville County, Upstate S.C.

The Greenville Chamber exists to develop a globally competitive Upstate economy where businesses thrive and people prosper. Mission: To lead, convene and mobilize the business community to drive regional economic growth

1,203 23 500

Spartanburg County, SC

To enhance the economic vitality and lifestyle environment of Spartanburg County

Angelle R. LaBorde, CCE 1914

600 5 150

Greater Greenwood area

To serve as a champion for business and as an advocate for the community, thus strengthening and developing the economic climate

864-643-7261 www.schcc.org -

Evelyn Lugo 2007

450 0 18

Statewide

To promote and support the advancement of the economic growth of Hispanic businesses in South Carolina

Simpsonville Area Chamber of Commerce 100 West Trade St. Simpsonville, SC 29681

864-963-3781 www.simpsonvillechamber.com info@simpsonvillechamber.com

Allison McGarity 1980

395 3 50

Simpsonville and Greenville County

The Simpsonville Area Chamber of Commerce is committed to being a positive force in providing leadership and advocacy to unite and improve the local business community

Greater Mauldin Chamber of Commerce 101 E. Butler Road Mauldin, SC 29662

864-297-1323 www.mauldinchamber.org info@mauldinchamber.org

Patricia A. Pomeroy 1982

390 3 50

Greater Mauldin Chamber includes members To promote, develop, encourage and profit the commercial, professional, financial and general from seven cities in the Upstate business interest of the greater Mauldin area

Greater Easley Chamber of Commerce 2001 E. Main St. Easley, SC 29641

864-859-2693 www.easleychamber.org ecc@easleychamber.org

Cynthia B. Hopkins 1935

368 4 60

Easley, Powdersville and Pickens County

To promote an ideal business environment, encouraging growth and community development by continuously improving the quality of life in the greater Easley area

Clemson Area Chamber of Commerce 1105 Tiger Blvd. Clemson, SC 29631

864-654-1200 www.clemsonareachamber.org info@clemsonareachamber.org

David C. Lane 1981

360 6 25

Clemson area Includes Central, Clemson, Pendleton, Six Mile

To promote economic vitality and a favorable business climate while protecting and improving the region's quality of life

Fountain Inn Chamber of Commerce 102 Depot St. Fountain Inn, SC 29644

864-862-2586 www.FountainInnChamber.org info@fountaininnchamber.org

John R. Hastings Sr., Whitney Ferguson 1954

267 2 6

Upstate S.C., including Greenville and Laurens counties

To be an advocate for business, to promote business alliances, to provide valuable benefits and services to our members and to be a partner with economic development efforts in Fountain Inn and surrounding vicinities

Greater Abbeville Chamber of Commerce 107 Court Square Abbeville, SC 29620

864-366-4600 www.abbevillechamber.org abvchamber@wctel.net

Janice P. Corriveau 1982

160 2 20

Abbeville County

To serve as an advocate for its members by providing a forum for networking, helping identify economic development needs and advertising opportunities, promoting tourism, working to develop community leaders and serving as a catalyst for improving the overall quality of life in our community, prompting further business development

Calhoun Falls Chamber of Commerce 101 W. Savannah St. Calhoun Falls, SC 29628

864-418-8672 cfchamber@wctel.net

Rebeca R. McCaslan, Chris Cowan 1970

125 1 8

Calhoun Falls

Where southern hospitality meets business opportunity

Greater Inman Area Chamber of 864-472-3654 Commerce www.inmanscchamber.org 20 S. Main St. inmanchamber1@gmail.com Inman, SC 29349

David Grayshock, Teri Newmark 1985

89 8

Greater Inman area of 29349

To provide leadership in the Inman area that supports the existing business community and promotes economic development while preserving the traditions, personality and heritage of Inman

Anderson Area Chamber of Commerce 907 N. Main St., Suite 200 Anderson, SC 29621-5513

Pamela Christopher 1903

Anderson County

The mission of the Anderson Area Chamber of Commerce is to create an environment for healthy economic growth in the Anderson area and provide superior value for our members

864-226-3454 www.andersonscchamber.com sowens@andersonscchamber.com

BUSINESS RESOURCES | www.gsabusiness.com

Researched by GSA Business Repot staff

CORPORATE MILESTONES

Business Repo A rt GS

rsar e v i n n A 1997 - 2018

usinesses in the Upstate are doing great things every day. Corporate Milestones provides sponsored content showing what companies have accomplished over the year. These accomplishments include the opening of new businesses, the anniversary of existing businesses and the innovations made by companies. The following section highlights Upstate companies and their milestones from the year.

CORPORATE MILESTONES | www.gsabusiness.com

FEATURED CORPORATE MILESTONES

66 SWAFFORD TRANSPORT AND WAREHOUSE 68 EXECUSOURCE 69 SYNOVUS 70 IBERIABANK 71 HOGAN CONSTRUCTION GROUP

72 SC PREMIER SIGNS 74

73 GREENVILLE CHAMBER OF COMMERCE 74 RICK ERWIN DINING GROUP 75 ST. JOSEPH'S CATHOLIC SCHOOL

76 CITY OF MAULDIN 77 MELLOUL-BLAMEY CONSTRUCTION

78 INTELLI-NET OF SC 79 THE NESS FEST 80 COMMERCE CLUB

81 HILTON GREENVILLE

82 LIPSCOMB SIGNS 83 CITY OF MAULDIN

SWAFFORD TRANSPORT AND WAREHOUSE

Swafford Transport and Warehouse celebrates 35 years of meeting customers’ needs

trucking company that started in 1983 as a brokerage Swafford explains. “They bring it to us and we repackage, inspect working out of a converted hotel room at a truck stop and ship it to their specifications.” The work is time-sensitive is marking its 35th anniversary this year. Swafford and requires high-quality inspection. The company is ISO9001 Transport and Warehouse of Greer has grown to include a fleet of certified. trucks, warehouse space and a Foreign Trade Zone. Swafford Transport’s services include local, regional With a focus on excellent service as well as providing and long-haul trucking; van, flatbed and specialized well for his employees, founder and president hauling including oversized loads; repacking and sport and W n Van Swafford has stayed ahead of customers’ inspection; barcoding and scanning; web a Tr ar needs. “When he saw a need to buy trucks, services; customs reports and programs; rd he added a fleet of trucks,” says Jessica and the latest fleet technology. Swafford Bruce, general manager. “When he saw a said his truckers hauled one of the first TH need for warehouse space (in 1999), he BMWs made at the South Carolina built it . . . He will take the risk to go out plant and often haul oversized loads of and meet those needs.” equipment for power plants. And so Swafford Transport and Swafford Transport has its own inWarehouse has expanded from no trucks house IT and computer system to meet 1983 - 2018 to 23, from no flatbeds to a couple of requirements of trucking and warehouse hundred trailers, and from no warehouse space operations. Planning for the future, the to 350,000 square feet. company is always looking to expand, having just In 2009, the company fortuitously established its completed another warehouse. Foreign Trade Zone, which helps customers manage tax and The company values its 43 employees, most of whom have duty liabilities. The FTZ is just a few miles from the S.C. Ports long tenure. Swafford says he hires with the idea of turning them Authority’s Inland Port Greer, which opened in October 2013. into long-term employees with full benefits and pay that provides “Companies bring in materials that come in from overseas,” for their families.

Swa ffo

se ou eh

“When I hire them, I tell them, ‘I won’t ask you to do anything I don’t do.’ The only thing is, I’ll do anything, from working on bathrooms to cutting grass to picking up trash,” Swafford says. “Whatever has to be done, I expect them to jump in and do it.” It’s all part of Swafford’s mission to provide customers with the absolute best warehousing and distribution services they have ever experienced. “Here, you talk to the same person every time you call,” says Bruce, general manager. “We try to treat our customers the way we want to be treated.”

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2018 Market Facts | Special Advertising Supplement

P.O. Box 1805 Greer, SC 29652 www.swaffordtransport.com

EXECUSOURCE

Explosive Growth Ushers in New Era for ExecuSource Greenville

tlanta-based ExecuSource has experienced significant Finance, HR, IT, Engineering/Supply Chain and Office national growth in recent years, being named to the Administration. Inc. 5000 fastest-growing companies in the Since its inception, ExecuSource has seen tremendous country for two consecutive years. July 2016 growth in Greenville, sustaining 142 percent was an important milestone in the history revenue growth year-over-year. Due to the uSource Exec of the company with the opening of the growth, the firm has expanded to a new Greenville, S.C., office. The market office located in Falls Park to usher in a could not have been more receptive new chapter of expansion and growth ND and welcoming to their innovative and for the company. client-focused staffing model. From Wofford attributes much of the $20 million to $1 billion clients in firm’s success to the cohesive synergy various industries, ExecuSource has and culture that has developed within made its mark in a short period of his team. “Having worked in this time. competitive and sales-driven industry With over 60 years of combined for over 20 years, I can say without a experience, the team of seven doubt that having the right people on your knowledgeable recruitment professionals team is the most important indicator of success. offers a refreshing approach to direct hire and There are some core values that we share as a team contract staffing rooted in the firm’s relationship-based that distinguish us from our competition. We are passionate philosophy. Led by industry veteran Mike Wofford, ExecuSource about customer service and offer flexible solutions based on the Greenville specializes in delivering top talent in Accounting/ needs of our clients. Those values coupled with the others first

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2016 - 2018

attitude of my team is the reason for our success and has me greatly excited about the future.” Next month, ExecuSource Greenville will be hosting a drop-in to celebrate their new office and continued expansion. The celebration will take place on Oct. 9, 2018, at Topside Pool Club from 5 to 7 p.m. If you are interested in attending please contact Mike Wofford at m.wofford@execusource.com.

2018 Market Facts | Special Advertising Supplement

531 S. Main Street Suite ML-10 Greenville, SC 864-248-4784 www.execusource.com

SYNOVUS

Synovus focuses on personal approach to banking

George Sutherland, Retail Market Manager; Neal Kyber, Commercial Banking Manager; Mark Chapman, Commercial Lender; Dixon Harrill, Market President; Karen Gurgew, Private Wealth Advisor; Dan Bannister, Commercial Analyst; Ashton Edwards, Commercial Business Analyst

ynovus is a bank that is committed to the prosperity of the Upstate. “At Synovus our bankers believe in giving back to their communities, as well as playing a role in helping their communities grow and prosper,” said Chuck Garnett, Division CEO for Synovus in South Carolina. Chuck, a South Carolina native, was born in Columbia but has lived and worked throughout the state his entire banking career. “NBSC joined the Synovus umbrella in 1995, so our new name — if you want to call it new — doesn’t change who we are,” Chuck said. With a focus on supporting business growth in the Upstate region, Synovus has recruited top talent to provide business products and solutions through a holistic approach “Leveraging a common brand while maintaining our local, relationshipcentered delivery model enhances our ability to promote our broad banking capabilities to both prospects and existing customers,” said Dixon Harrill, Market President for the Upstate region of South Carolina. Dixon joined the Synovus team in 2017, with prior experience leading regional, state and multi-state banking

teams. A lifelong banker, Dixon and his team bring over 100+ years of combined banking and lending experience to the Upstate region. “Synovus is a leading regional bank, offering a broad range of capabilities along with our personal approach to banking,” Dixon said, “but many of our own customers and prospects don’t realize we are located across the Southeast, and that we can meet any banking or investment need — no matter the size or complexity.” “The Upstate region of South Carolina is an epicenter for thriving businesses,” said Neal Kyber, Commercial Banking Manager in Greenville. “The state’s business-friendly taxation, resources and business climate make the area attractive for not only domestic companies, but international as well. As a banking team, we have the knowledge and expertise to navigate the most complex deals to complement our clients’ long-term growth strategy.” Synovus provides commercial and retail banking, investment and mortgage services to customers in Georgia, Alabama, South Carolina, Florida and Tennessee. In 2017, Synovus was named

Dixon Harrill, Market President

“Most Reputable Bank” in the U.S. in the annual Survey of Bank Reputations conducted by Reputation Institute and published by American Banker. Of 42 banks included in the survey, Synovus ranked first overall, first among noncustomers and in the top 10 among customers. Synovus ranked second overall in 2016. For more information on Synovus locations, products and services, please visit www.synovus.com.

201 E McBee Avenue Greenville, SC 800-708-5687 www.synovus.com

Banking products are provided by Synovus Bank, Member FDIC. Loans and lines of credit subject to credit approval. Investment products and services provided by Synovus are offered through Synovus Securities, Inc. Synovus Trust Company, N.A. GLOBALT Investments, a separately identifiable division of STC and Creative Financial Group. The registered broker-dealer offering brokerage products for Synovus is Synovus Securities, Inc. member FINRA/SIPC. Synovus Securities, Inc. is a subsidiary of Synovus Financial Corp and an affiliate of Synovus Bank. Synovus Trust Company, N.A. is a subsidiary of Synovus Bank. NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE

Special Advertising Supplement | 2018 Market Facts

IBERIABANK

IBERIABANK opens South Carolina headquarters in downtown Greenville

Sam Erwin, Execuive Vice President Carolinas Regional President

BERIABANK entered the South Carolina market in April Our Company was founded in New Iberia, Louisiana, on 2017 and recently opened its South Carolina headquarters March 12, 1887. Over the past 131 years, we’ve built a solid and full service banking center at 110 East Court in the reputation as a regional banking leader and strong steward of the lobby of the E+P Co. Building. The Bank is headed communities we serve. We offer the diverse product locally by Sam Erwin, a veteran banker who lives capabilities of a larger financial institution RIABANK in Greenville and has 27 years of banking coupled with the agility and high quality IBE expertise. Recently, he has hired a team customer service of a community of local, experienced bankers to help bank. grow and develop IBERIABANK’s While our name may be new to ST Greenville market. the Greenville market, IBERIABANK Our seasoned bankers know is a well-established name in Greenville and its industries and have banking throughout the Southeast. deep roots in the community. IBERIABANK Corporation, a Empowered to make decisions Louisiana corporation, is a financial locally, close to our clients, our holding company with 333 combined 1887 - 2018 IBERIABANK team is committed to locations in 12 states. The Company also delivering a superior level of service at every has 17 wealth management locations in four point of contact. Our leaders have 60+ years of states and an IBERIA Capital Partners L.L.C. office in experience collectively and are focused on understanding your Louisiana. unique financial needs and helping you meet both your shortHere are some facts about IBERIABANK and its presence term and long-term goals. across the Southeast:

131

Quick Stats: • Total assets $30.1 billion • Well-capitalized, strong balance sheet • Strong asset quality • Highly diversified portfolio from an industry, geographic and product perspective • Innovative products and leading edge capabilities • Experienced and Proven Acquirer • Publicly traded on NASDAQ under IBKC • Top 5 MSAs in Southeast U.S. • Over 330 locations serving 12 states

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2018 Market Facts | Special Advertising Supplement

110 E. Court Street, Suite. 101 Greenville, SC (864) 448-1020 www.iberiabank.com

HOGAN CONSTRUCTION GROUP

Hogan Construction Group excels at complicated projects

Left: Clemson University Oculus, Right: Verde Fire Station

hen there is a difficult problem to solve, Hogan and industrial work in the 10 Upstate counties. Notable projects Construction Group excels, according to Chris include the three-story Site Operations Center at BMW fronting Bowen, group Vice President and manager of I-85, the 130 foot tall Oculus at Clemson University’s Memorial the Upstate SC office. The company is celebrating 20 years Stadium, multiple expansions for Drive Automotive, and City of of building relationships, solving problems, and delivering Greenville’s Verdae Fire Station No. 1. excellence on projects from libraries to manufacturing centers The company’s success in South Carolina led to the opening to performance halls. of a Charleston office in 2011 with a staff of 10 that specializes in Hogan Construction Group was founded in 1998 by hospitality and medical facilities. Paul Hogan, President. The firm originally focused on Hogan’s preferred project delivery methods are designbuilding upfits for technology companies, but build and construction-manager-at-risk in addition n s o t r C u quickly moved into the institutional market, to offering preconstruction, sustainability, ctio gan n constructing municipal buildings, schools, adaptive re-use, and interior renovation Ho and libraries. Within 10 years, Hogan was services. The company is known by its consistently putting $85 million worth of many repeat clients for delivering quality construction in place annually. construction projects on time and on TH When the recession began, and budget. unique opportunities were presented A recent challenge was a complete by the challenging times, Bowen was renovation of the Keowee Key approached to open a Greenville office Clubhouse, which was built in 1980 for Hogan. The Group’s second office and expanded in the 1990s. Per Bowen: 1998 - 2018 opened in September 2009 with three “We worked collaboratively with the design people and has since grown to 34 people team and the owner to finalize a great design handling over $45 million per year in business. that aligned with the stated budget and the current Hogan Construction Group has developed a niche in and foreseeable future programming needs.” Hogan was able to community construction, including churches, YMCAs, schools completely gut and renovate 25,000 square feet while keeping the and country clubs. Approximately 60% of the Hogan Greenville club operational and generating revenue. office business is related to manufacturing, with a focus on office One of the firm’s most technically complicated projects is the

renovation of the Alliance Theatre in Atlanta. The $26 million renovation of the performing arts center involved the installation of high-end custom millwork with undulating curves and waves carefully engineered for acoustical excellence. Hogan was tasked with accommodating the layout of concrete platforms, tiered seating areas, and balconies within the intricate acoustical design. In addition to Hogan and Bowen, the company’s leadership team includes Steve Hatton, Vice President of the Charleston office, and George Clackum, Vice President of governmental and institutional projects in the Atlanta office. Hogan’s team is a goal-driven group with a can-do attitude developed during the depths of the recession. As Bowen says, “when you need a complicated project completed quickly, call us.”

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10703 Anderson Road Easley, SC 29642 (864) 272-1527 www.hoganconstructiongroup.com

Special Advertising Supplement | 2018 Market Facts

SC PREMIER SIGNS

SC Premier Signs can deliver any size job.

Steve Craig, Owner of SC Premier Signs

wner Steve Craig has learned the importance of a name and not being afraid to fail. Not being afraid to fail is a theme you hear often in advice from business leaders. The practical application of that philosophy can be difficult; however, when embarking on a new venture. Steve Craig, owner of SC Premier Signs in Greenville, has embraced that approach. He started down this path five years ago, when he began working as the Marketing Director with a commercial printing company. Working side by side with his customers, learning more about their marketing needs, he realized that wide-format printing – mainly signs, banners and car wraps – was where his passion lies. So, he started his company, like many other small businesses, in his garage under the name SC Print Solutions. That name proved to be an unlikely obstacle as he sought to establish his business. “I thought a long time about that name before I started,” Craig

said. “I thought it encompassed everything I could offer a client – anything they needed to market their company from business cards to a sign for their business.” After about 18 months, Craig decided a change was needed, and he came up with the current, more direct title for his business, SC Premier Signs. “It is amazing what a difference a name can make,” he said. “After changing to SC Premier Signs, clients not only called me for their car wraps and signs, but also for their custom printing, promotional products, and T-shirts. I pride myself on being their only phone call for marketing solutions.” “Changing a name, a year and half into your business is generally not a good idea,” he added. “But in my case, it worked out. I had to learn from my mistake and make something positive happen from that.” That lesson has stuck with Craig as he looks to the future. He says he plans to continue to grow strategically by continuing to build relationships in the communities he serves.

2018 Market Facts | Special Advertising Supplement

“My passion is helping customers successfully promote their businesses. I say yes only if I know I can make the customer happy, do the job right, and make some money…in that order."

(864) 608-3813 www.scpremiersigns.com

GREENVILLE CHAMBER

Milestone anniversaries at Chamber Night at Fluor Field.

Tami Miller, Leadership Development Director, Greeville Chamber

he Greenville Chamber recently celebrated Investor Development Director and during her tenure at the Greenville Milestone anniversaries at Chamber Night at Fluor Chamber has contributed to the development of thousands of Field. The Chamber is proud to support and celebrate local leaders. Tami oversees Leadership Greenville, Leadership the continued success of local businesses. Companies recognized Greenville Alumni, Opportunity Greenville and Ignite Corporate for celebrating 50 years or more in the Upstate included Leadership Days. Under Tami’s leadership, these programs Greenville Office Supply (50 years), Phillips have grown to become nationally recognized. Tami Miller i m Staffing (50 years), GE (50 years), Greenville was recently presented with the Association a T Water (100 years), Martin Printing (115 of Leadership Program’s Preceptor Award years), Belk (130 years) and Kentwool for leadership program excellence. (175 years). Investors were presented The Preceptor Award recognizes the with commemorative Greenville Drive cornerstone of successful leadership TH jerseys on the field at Fluor Field and development efforts and is the highest enjoyed a reception in the Champions award the Association of Leadership Club. The Greenville Chamber Programs presents. The award is recognizes the significance in reaching intended to recognize a program director Greenville, SC 29601 these accomplishments. With only half of who has gone above and beyond and greenvillechamber.org 2008 - 2018 small businesses making it to their fifth year, achieved a new standard of excellence. Tami according to the Bureau of Labor Statistics’ is dedicated to setting the example for best Business Employment Dynamics, this makes practices nationwide in Leadership Development these anniversaries more significant. Congratulations to these programs and builds relationships with her counterparts in companies and others who demonstrate excellence in business our region, state and across the nation through her role as and have created lasting legacies in the Upstate and beyond. Ambassador for the Association of Leadership Programs. Tami Miller recently celebrated her 10 year anniversary Tami first came to the Chamber as manager of the education with the Greenville Chamber. Tami serves as the Leadership initiative. She believes that her current role as Leadership

Development Director merges her two passions – her calling to be an educator and her passion for the individuals who come through the Leadership Development programs and the community she serves. Later this year Tami will join other toplevel leadership development executives for an invitation-only conference where she will be among her visionary colleagues driving change at a national level. The Greenville Chamber thanks her for her service and dedication to our community for the past decade.

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24 Cleveland Street Greenville, SC 29601 (866) 485-5262 www.greenvillechamber.org

Special Advertising Supplement | 2018 Market Facts

RICK ERWIN DINING GROUP

Rick Erwin Dining Group doubles in size over five years

Rick Erwin, Owner of Rick Erwin Dining Group

Facing Haywood Road, the restaurant will be open for lunch and dinner. With its own entrance adjacent to one of the primary mall entrances, it will serve as a new option for the growing social scene in Greenville’s up and coming Midtown. “We’re all right here in the Upstate,” Lovelace says of the Greenville-headquartered company, which continues to deliver on its promise of providing the best dining experience of your life.

ot many restaurant owners can say their business Grille. He says he found success in focusing on what matters most has doubled in the last five years, but the Rick Erwin to the customer— the person across the table. Since 2005, he has Dining Group can. In fact, Rick Erwin just announced added Rick Erwin’s Nantucket Seafood, Rick’s Deli and Market, his ninth location, an upscale yet casual seafood concept Rick Erwin’s Clemson, Rick Erwin’s Eastside, The Standard, to open in a remodeled retail space at Greenville’s Level 10, and Rick Erwin’s Events & Catering. i n D i n n Haywood Mall. As the Rick Erwin Dining Group grew, i gG ro Erw What began with one restaurant, Erwin built a team with experience and u k c Rick Erwin’s West End Grille, in 2005, expertise in the business. Now the group has grown to nine hospitality brands has grown from 40 to 300 employees. in less than 15 years, says Daniel The new 5,500-square-foot TH Lovelace, director of marketing and restaurant at Haywood Mall, set to business development. While most are open early in 2019, will focus on fresh restaurants, one is a catering and events seafood and a chef-inspired seasonal brand. menu. As yet unnamed, it will feature “We can do anything for a customer, an outdoor dining space, an 18-person 2005 - 2018 with our diverse restaurants, kitchens, bar, and a dining room to accommodate and talent,” Lovelace says. For example, 150 guests, says Michael Ivey, dining group coRick Erwin’s has hosted holiday parties for major owner and CFO. business executives in their own homes. “While the design is vastly different from our other Erwin had been in the restaurant business for 25 years but locations, one thing that will remain the same is our commitment had never owned his own business when he opened his West End to food quality and the overall guest experience,” Ivey says.

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40 West Broad Street Suite 301 Greenville, SC 20601 (864)546-3537 www.rickerwins.com

ST. JOSEPH'S CATHOLIC SCHOOL

St. Joseph’s Catholic School Celebrates 25 Years of Excellence

wenty-five years ago, in August of 1993, the founders of St. Joseph’s Catholic School took a leap of faith and opened their doors with only thirteen students (all 9th graders) and a mere $800 in the bank. What began in a little house on Augusta Road has blossomed into a regional Catholic school, nationally recognized for excellence, located in the heart of Greenville County that now enrolls nearly 700 students in grades 6 through 12. The founders of St. Joseph’s had a vision for establishing a school that would educate students who would make a difference by living lives of intelligent and creative service inspired by the love of God and love for others. As our school’s Founding Board Chair, Mrs. Margaret Ann Moon liked to say: “Our graduates are destined to change the world.” Many of them are doing this in what we would consider extraordinary ways – serving in medicine, public service, as entrepreneurs, Broadway producers, researchers, in ministry, and much more –

but most are finding a way to change the world through doing ordinary things with great passion and love. Our students St. Joseph’s experience begins with the Sixth Grade Academy, where this critical transition year is recognized as an opportunity to set each child on a strong path of success. By surrounding these young students with caring and dedicated teachers who create a supportive environment, our Academy seek to encourage each child’s love of learning and self-confidence. This process continues through the remainder of middle school, where our students enjoy the freedom of single gender classroom instruction. St. Joseph’s students enjoy an exceptional educational experience throughout middle and high school, immersed in an environment that is both academically rigorous and deeply enriched through the arts, athletic programs, and ministry. Year after year, our graduating seniors are accepted to outstanding colleges and university across the US and around the

world, collectively boasting nearly $14.5 million in scholarship offers for the Class of 2018 alone. Our students leave our doors not only ready to further pursue their educations and careers, but ready to live lives of compassion, innovation, and joy. Thank you to all in the Greenville community who made these 25 years possible through your generous support. May you take satisfaction in the fact that St. Joseph’s Catholic School is changing the world for the better one graduate at a time.

100 St. Joseph's Drive Greenville, SC 29607 (864) 234-9009 www.sjcatholicschool.org

Special Advertising Supplement | 2018 Market Facts

CITY OF MAULDIN

Fast-growing Mauldin works on plan for a new downtown

auldin is a city on the move, with a vision for a new downtown that should soon rise on 24.5 acres at its heart. “We’re a city poised for tremendous growth, and it’s time for us to write the next chapter of our story,” says Taft Matney, a city councilman who grew up in Mauldin. Location, location, location is just one of Mauldin’s attractions. Southeast of Greenville, the city sits at the crossroads of I-85 and I-385, with good rail access and infrastructure. Many corporate and regional headquarters have chosen to locate there, offering excellent, high-paying jobs. Those who live in Mauldin —about 25,000 people — find great Greenville County schools, excellent parks and recreational facilities and top-notch health care nearby. The community offers sports for youth, adults and seniors and access to the Mauldin Sports Center, a membership fitness center with rock climbing wall, gym and indoor walking track. “It’s a great place for families,” Matney says. In fact, Mauldin has been recognized by several national

organizations as one of the best places to live in South Carolina, as well as one of the safest cities in the state. The community became known as Mauldin soon after a railroad depot was built there in 1886. It was named for William L. Mauldin, former president of the Greenville and Laurens Railroad who later served as lieutenant governor of South Carolina. “Because it was built as a railroad crossroads, there wasn’t a defined traditional downtown,” Matney explains. The city has the unusual opportunity to build a downtown from the ground up, with a master development plan. City officials worked with Greenville County to develop a multicounty industrial park, where property taxes on improvements to property will be reinvested in the downtown infrastructure. The city owns about half of the 24.5 acres in the development plan. On the east side of the downtown is the Mauldin Cultural Center, home to farmers markets, concerts and the Sooie Mauldin BBQ Cook-off, among about 1,000 events each year. Some businesses are already located within the property, and everyone is all in with the redevelopment, Matney says.

2018 Market Facts | Special Advertising Supplement

At present, Mauldin is working to select a master developer for the project. In the meantime, employers from large multinational corporations to mom-and-pop businesses find a home in the welcoming city. “Whatever the secret sauce is, it has created a place I love,” Matney says. “It’s easy to see why others move here and fall in love with it too.”

5 E. Butler Road Mauldin, SC (864) 288-4910 www.cityofmauldin.org

MELLOUL-BLAMEY CONSTRUCTION

President Andy Mosser takes ownership of Melloul-Blamey in Upstate

Left, Greenville County Library, Right, Andy Mosser, president of Melloul-Blamey Construction.

elloul-Blamey Construction has come into its own as a South Carolina company in 2018. Formerly a division of a company headquartered in Ontario, Canada, the Greenville operations were wholly purchased by Andy Mosser, president, in March of this year. “We’re a company with international experience and local ownership,” Mosser points out. Originally from Canada, Mosser came to work in Melloul-Blamey’s Greenville office in 2003. He fell in love with the Upstate and has made it his home, raising his family here. Having begun his career with Melloul-Blamey in 1991, Mosser excels in interpreting, planning and coordinating the details of construction projects. He knows how to manage and coordinate multiple projects simultaneously as part of an experienced team. A favorite recent project is the Five Forks branch of the Greenville County Library System. The project ran into some unavoidable delays because of sanitary sewer permitting, but Melloul-Blamey worked with library officials and was able to get the building finished for the grand opening in March. “We worked through Christmas break to resolve the sanitary tiein issues – staying focused on the last remaining obstacles,” Mosser says. “It was great to be there for the ribbon cutting . . . having our team enjoying the moment with the library team, design team and the public was fantastic – so satisfying to see the excitement of young children and

parents arriving to explore this new facility – just amazing.” Melloul-Blamey Construction’s services include general contracting, construction management, design-build, LEED and specialty contracts. The company builds in the institutional, recreational, commercial and industrial markets. An example of its specialty work were the emergency repairs required at a client’s storage facility. “We received a call that a column had been damaged, the roof was sagging and the facility needed help so as to not miss any critical deadlines,” Mosser said. Over Easter weekend, the workers lifted the roof, placed a temporary column, then replaced the column and had it repainted by the time the owner came back from vacation. Going forward, the company plans to diversify and increase private work in industrial and retail, Mosser says. The company’s institutional work is strong, with projects ongoing at elementary schools, Woodruff High School, Greenville Tech and Spartanburg Community College, among others. The company’s 16 employees are dedicated to honesty, integrity and pride of workmanship, with a high level of customer service. Success in the construction business is built on relationships, Mosser says, and Melloul-Blamey never takes that for granted. In construction companies, it’s often difficult to transition to the next generation, he explains, but Melloul-Blamey has positioned itself well. The founders have retired, but a strong core of managers, including several family members, has taken over the Canadian

operations. In Greenville, Mosser is carrying on the tradition of excellence, with his own children working in the company alongside an enthusiastic team as well as interns who are showing interest in construction. Having a foundation of experienced managers complemented with a strong youthful talent base provides MelloulBlamey with an exceptional team that can handle any project that comes their way. Mosser says, “To carry on the Melloul-Blamey legacy is an exciting challenge.”

55 Commerce Center Greenville, SC 29615 (864) 627-0302 www.melloul-usa.com

Special Advertising Supplement | 2018 Market Facts

INTELLI-NET

INTELLI-NET helps clients fend off very real threats from hackers

s the Upstate’s economy grows, so does the need If an individual’s credentials to log on have been compromised, for security of a company’s IT systems and data, then they will be for sale on the dark web and hackers will use says Derek Davis, founder and managing partner of them as the basis for an attack. INTELLI-NET. “If you log onto a site with your email address and password, Since 2002, INTELLI-NET has been providing IT and that site is compromised, your credentials can then services, network security, backup and disaster be used on your work systems as well as other ELLI-NET T N recovery and CIO consulting for clients sites,” Davis explains. In addition, hackers can I across the Upstate. The company has possibly reset your password by scanning experienced rapid growth along with the social media for information rest of the region. His firm’s network security services Network security has become protect a client’s systems so that the TH extremely important, Davis says. “It’s hard customer can focus on his core business. to overstate how important it is to plan for The protection continues 24 hours a security as you grow. People tend to think day, even when the business owner is it’s not going to happen to them.” He away. Services offered include credit notes that small companies are especially monitoring for individuals and businesses, 2002 - 2018 likely to believe they won’t be threatened, with an alert sent to the customer when but most would be surprised to see how many suspicious activity is found. The company also attempts to hack into their network are made in a single day, most provides security cameras and recording mechanisms as well as of them from outside the U.S. IT protection. INTELLI-NET can provide security at various checkpoints, As business has grown in the Upstate, INTELLI-NET’s including monitoring the “dark web” for customers’ information. business has expanded, with addition of staff to a total of nine

employees. But the company’s focus has never shifted, bringing a Christian-based service model. That is the employees’ mindset and clients appreciate it, Davis says. INTELLI-NET provides globally recognized solutions to its clients, training them on safety and security, and making sure their data networks are protected from losses due to breaches or errors. Managed IT services are priced at a flat, affordable fee. Returning to the topic of security, Davis says his company is trying to educate people that the threat is real. “When you see a store’s website is hacked… Equifax is hacked, people are losing real money,” he says. “You can have your identity stolen or your bank account stolen. Everybody has to be on the highest alert.”

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(864) 288-1114 www.intellinet-sc.com

THE NESS FEST

A vision for a greater Upstate

ESS journey began in January of 2013 with a desire to bring something new in the festival world to the Upstate. My main focus started with children and their overall health and well-being. Since my husband and I do not have children it seemed odd to get involved but then sitting in church one day our pastor said in a sermon as he was talking about parenting that you don’t have to be a parent to make a difference and that really stuck with me. Because I always saw myself as being the best PTA mom ever or volunteering at my kids school. This has now translated into being the best aunt and uncle, being involved in numerous charitable events in Greenville and building a large family that I love through my work, clients, vendors, friends and people who have touched my life. As the thought progress continued throughout the years, I keep putting it off because I was to busy to produce it but it was always in the back of my mind and I took notes throughout the year as it would pop up. Eventually, I began to realize this festival could be so much more then where my simple mindedness started. I began looking and evaluating everything and everyone around me. Seeing the current events, watching the stress level of those I knew and didn’t know go up in both children and adults including in myself. Wondering how can we help focus our lives. How can we as technology and demands increase in work and life find a way to make US the most important piece to this puzzle. The end result would happen in 2017 saying no more watching, no more waiting, my time is up and I must do and live this now. I must

live it for myself, my employees, my vendors, my clients and my community. So, The NESS Fest was born. The NESS fest is a festival that at the forefront shows the importance of the families, friends, companies and communities coming together for a better Greenville. Our goal is to touch these four areas in all our lives wellNESS, goodNESS, fitNESS and wholeNESS by creating an environment where one can come to search out and see all that is available in our community and have access to things we simple don’t know exist that can help. Our focus is not just on what you eat or how you exercise. A large part of our focus also stems much deeper then that into your wellNESS and wholeNESS. The stresses we add to our lives, our ability to cope or not cope in certain situations, our home life and our works lives, our injuries, our relationship and so much more add to the walls we put up from being the best version of us that we can be. We want to help tear down those walls big or small and get to the root of what drives you to love every aspect of your life. We truly believe that if you can become the best version of you then that will spread from one person to the next and develop a passion and a drive this community has never seen. I am not saying we are going to be happy all the time and life will be perfect but if you are equipped with the connections you need to tackle the challenge that come in a healthy manner this will continue to drive a more positive spirit which will translate into the person next to you. Our fundamentals are simple: The goal is to work daily in

becoming a better version of ourselves than the day before. And boy do I have a team excited about this. This NESS team is focused on inspiring an awareness that is not just for a moment, but for a lifetime. Imagine creating a lifelong change in one person’s life, which creates a ripple effect to their immediate family and friends, then grows to their neighbor - and so on and so forth until we’ve reached an entire community or city. This is the NESS dream. This results in a purpose driven festival providing powerful tools to evoke the best you. The NESS fest. wellNESS. fitESS. goodNESS. wholeNESS.

(864) 326-5359 www.thenessfest.com

Special Advertising Supplement | 2018 Market Facts

COMMERCE CLUB

Executive chef keeps Commerce Club on cutting edge of Greenville’s culinary scene

Left, Commerce Club, Right Steve Doliget, Executive Chef

he Commerce Club’s Executive Chef Steve Doliget does Doliget balances new cuisine with long-time favorites on the more than enhance the menu for the club’s members. menu. He is also putting the Commerce Club on the cutting “I’m networking with the farmer and producer, creating a edge of Greenville’s booming culinary scene, says John Welter, the relationship,” Doliget explains. “I find what’s freshest and most club’s general manager. seasonal to create a menu. This is a private club with members “Steve joined our management team over a year ago and he who eat here several times a week, so I want to change the menu has put us front and center in being involved in the often but keep classic items.” r c e e C m culinary scene,” Welter says. Doliget will be a featured chef at Greenville’s l m ub Co With 17 years of experience, French-born Euphoria 2018 and will assist as the Doliget came to Greenville from Chicago. Commerce Club hosts the Charity Classic He started his culinary career at the age of Gala, with the theme “Midnight in Paris.” TH 6, cooking alongside his grandmother. “We are laser-focused on being He studied at the CFAIE in Normandy, very involved with Greenville and the France, under the instruction and Upstate in general,” Welter says. mentorship of award-winning Chef The Commerce Club, founded in Claude Le-Tohic. During that time, 1984, continues to offer unmatched Doliget perfected his culinary skills at the hospitality in a great location atop One 1984 2018 Michelin star restaurant Les Saisons in Paris. Liberty Square, with beautiful views of the Immediately getting involved in the city and the Blue Ridge Mountains beyond. As it Greenville community, Doliget has competed in the expands its outreach, the club will add new events to Iron Caterer Throwdown and has taken part in the March of its robust programming calendar. Dimes’ Signature Chefs Auction and Greenville Zoo’s Sippin’ These include a young executives mixer and an “everything Safari, both of which he’ll be participating in again in September. barrel” event with tastings of beer and whiskey. Also in the works To serve the Commerce Club’s more than 900 members, is a tour of a local brewery owned by a club member, with drinks

provided there and food provided by the club. The Commerce Club also has a partnership with the Greenville Chamber of Commerce, hosting chamber events at the club. The club has seven renovated event spaces featuring state-ofthe-art audiovisual equipment. It can accommodate small groups or larger events with up to 300 guests.

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55 Beattie Place, 17th floor Greenville, SC 29601 (864) 232-5600 www.clubcorp.com

HILTON GREENVILLE

Crescent Hotels & Resorts breaks into the Greenville market

fter 31 years in the hospitality business, an exciting A full-service hotel, Hilton Greenville is comprised of 256 change is coming to Hilton Greenville with a new guest rooms featuring Kings, Doubles, Corner Kings, Junior management company, Crescent Hotels & Resorts. Suites, Executive Kings and Executive Doubles. The ninth floor, “Crescent Hotels & Resorts is a nationally recognized Executive Level, offers a VIP level with special key card access and company operating 96 properties in the United States and a Concierge Lounge. Take advantage of the indoor heated pool Canada,” says Jessica White, Marketing Sales Manager at Hilton and whirlpool year-round our indoor heated pool and whirlpool, Greenville. and a superior 24-hour fitness center. With 14,000 square Based in Fairfax, Va., Crescent’s portfolio includes feet of meeting space comprised of two large Greenvi hotels in Las Vegas, Seattle, New York City and ballrooms, “we have multiple sized meeting lton l i le H Washington; Toronto and Vancouver in rooms to accommodate the unique needs Canada; and across California, Arizona and of different groups,” explains White. Florida. In business since 2006, Crescent Located just off Haywood Road, Hotels & Resorts is a progressive, the hotel is convenient to I-85 and ST full-service hotel management I-385. Just ten minutes from the company with executives who are wellGreenville-Spartanburg Airport, versed in all disciplines of hospitality Hilton Greenville is a short drive from management. such attractions as TD Convention Hilton Greenville is the first property Center, Bon Secours Wellness Arena, 1987 - 2018 in South Carolina to become a part of the local breweries, downtown Greenville, Crescent portfolio. The company works to help and the city’s premier shopping and business meeting planners find great venues and is known for its districts. commitment to responsible hospitality and eco-friendly events. Hilton Greenville partnered with Crescent Hotels & Resorts According to White, Crescent has discussed a hotel will bring its deeply committed leadership and passion for renovation including the guest rooms, lobby, and restaurant hospitality to the diverse business and leisure travelers who stay in 2019. at the hotel for many years to come.

For more information about Crescent Hotels and Resorts, visit their website at www.crescenthotel.com. For more information about hosting your next meeting or event at Hilton Greenville, contact the Sales Department at (864) 282-8820 or via email at salesadmin@hiltongreenvillesc.com.

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45 W. Orchard Park Drive Greenville, SC 29615 (864) 232-4747

Special Advertising Supplement | 2018 Market Facts

LIPSCOMB SIGNS

Lipscomb Signs - positioned to grow under new leadership

ipscomb Signs has been providing sign solutions to workforce with nearly 300 years of combined experience. This, help businesses stand apart from the competition for in combination with a full array of installation equipment and nearly half a century. Founded in 1973, Lipscomb Signs trucks, makes Lipscomb Signs the Southeast’s premier provider celebrated its first anniversary under new owners, Dave and for complete sign solutions. Jamie Smith, on July 1, 2018. BRANDING. IMAGING. GROWING. b m S o c i g s Dave and Jamie entered the sign business What sets Lipscomb Signs apart from the ns Lip in 2011 with a Signarama franchise and competition? “We want to be your partner quickly turned it into an award-winning through any or all parts of the branding and business that now ranks in the top 10% imaging process; from planning and design TH of Signarama stores nationally. With to project management, manufacturing, prior backgrounds and experience in and final installation. Our business is to engineering, large-scale manufacturing help our customers grow their business.” and commercial contracting, Dave and Jamie says. Jamie are a natural fit to lead Lipscomb BUILDING A FOUNDATION Signs toward the future. FOR 45 YEARS. 1973 - 2018 LOCAL. REGIONAL. NATIONAL. Founded in 1973 by Gerald Lipscomb, Whether you are a local small business Lipscomb Signs quickly grew from a one-man owner, a regional company with multiple locations, company into a regional and then national force. Ready or a national powerhouse, Lipscomb Signs is your go-to source to retire but looking for his company to maintain its stature in the for signs, graphics, and imaging. business, Lipscomb wanted to find the right people to take over Lipscomb Signs’ extensive in-house sign design, the reins. manufacturing and printing capabilities are enhanced by a skilled “We had been partnering with Lipscomb Signs on projects too

large for us to handle out of our Anderson facility. While we knew it was a big step, when the opportunity to purchase Lipscomb Signs presented itself, we couldn’t turn it down,” Dave says. “Our plan is to leverage our expertise on interior signs and digital printing at Signarama and the fabrication and installation capabilities at Lipscomb Signs to expand both the product offerings and geographic range of both companies. So far it has been great – the customers have been very receptive, and the staffs of both locations work together seamlessly.”

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lipscombsigns.com info@lipscombsigns.com (864) 326-1938 (828) 286-2961

CITY OF MAULDIN

J Peters Grill and Bar, Courtyard by Marriott to open soon in Mauldin

Left, Courtyard Marriot rendering, Right, J Peters Grill and Bar

new restaurant and hotel will be opening soon just off I-385 in Mauldin! This is another positive sign of the city’s rapid growth. J Peters Grill and Bar will open in November at 120 Millport Circle, and nearby construction has begun on a Courtyard by Marriott slated to open in 2019 in the Millport at Butler development. J Peters Grill and Bar The new J Peters Grill and Bar will locate in a remodeled building that was formerly an hibachi restaurant, says owner Jon Angell. With a newly painted exterior and resurfaced parking lot, the restaurant will have a completely new interior with an open kitchen concept. J Peters is an American grill specializing in seafood, steaks, sandwiches and salads. Angell is excited about bringing the new restaurant to Mauldin. “It’s a good market away from traffic, but just about eight minutes from downtown,” he says. Mauldin is a growing area ready to welcome name restaurants, Angell says. J Peters provides good food portions at good prices. “With our huge buying power we can offer good value,” Angell explains. He operates 14 J Peters restaurants in the Carolinas and Georgia.

The new casual grill restaurant will have dark wood and a separate bar area with tinted glass. There will be a lot of booths, popular with customers, and a couple of areas for larger parties. “We’re more of a food place but we do have liquor, beer and wine,” Angell says. Courtyard by Marriott A 14-month build-out of the Courtyard by Marriott is underway for Mauldin! The goal for opening will be by the end of 2019, says Todd Whittington, franchisee. “It’s great to be in Mauldin. I see it as a great environment to be in,” Whittington says. The 110-room, five story hotel will have an outdoor pool, expanded outdoor space with fire pit and a nearly 2,000-squarefoot fitness center. “It’s what the customer is looking for,” he says. This concrete-construction hotel is the newest prototype for Courtyard and will be unlike any other Courtyard in the area, Whittington says. “There are 120,000 people within a five-mile radius, and it will have a good presence on 385.” The Bistro restaurant in the hotel will serve cooked-toorder breakfast, lunch and dinner, and Starbucks products will be available. Guests will be able to order any beverage that a Starbucks café sells.

The hotel will partner with different event venues, such as Mauldin Cultural Center, to provide lodging, Whittington says. It will have small meeting rooms that could host a business meeting, family reunion or small reception. And plenty of free parking is provided. “This is a great location, avoiding the traffic of Woodruff Road but close enough to enjoy the amenities there,” Whittington says. “Mauldin was ranked high in safety in 2017. They have handled growth well.”

5 E. Butler Road Mauldin, SC (864) 288-4910 www.cityofmauldin.org

Special Advertising Supplement | 2018 Market Facts

INDEX

Demographics, Employment & Economic Development.............................4

The Upstateâ&#x20AC;&#x2122;s largest credit unions.................................................................................................................................32

Upstate counties.......................................................................................................................................................................... 6

Banks List......................................................................................................................................................................................33

Personal income per capita................................................................................................................................................... 9

S.C. Upstate banks by county.............................................................................................................................................34

Automotive industry in South Carolina..........................................................................................................................10

Consumer Affairs complaints in S.C................................................................................................................................35

Distribution and logistics in South Carolina.................................................................................................................11 Women-owned businesses in South Carolina............................................................................................................11

Real Estate.......................................................................................................36

Mean travel time to work in minutes................................................................................................................................11

Upstate real estate market at-a-glance........................................................................................................................38

South Carolina tourism report.............................................................................................................................................12

Greenville real estate trends...............................................................................................................................................39

Commuting to work..................................................................................................................................................................12

2017 South Carolina home sales at-a-glance.............................................................................................................40

South Carolina craft breweries...........................................................................................................................................13

Residential Real Estate Firms List....................................................................................................................................44

Gross Domestic Product by metropolitan area, 2007 - 2016................................................................................14

Apartment vacancy in the Upstate..................................................................................................................................44

Fastest-growing jobs...............................................................................................................................................................14

Commercial Real Estate Firms List..................................................................................................................................45

Vehicles moving through the port....................................................................................................................................14 The economic impact of the Bassmaster Classic.....................................................................................................15

Architecture, Engineering and Construction..............................................46

Arts in South Carolina..............................................................................................................................................................15

Total construction costs for S.C. metro areas.............................................................................................................48 S.C. construction costs mostly below U.S. average, 2017.....................................................................................48

Education......................................................................................................... 16

New private housing units authorized by building permits in S.C..................................................................50

District data...................................................................................................................................................................................18

Housing building permits for S.C. metro areas..........................................................................................................50

Annual college tuition costs.................................................................................................................................................19

General Contractors List........................................................................................................................................................52

Total R&D expenditures...........................................................................................................................................................19

Engineering Firms List...........................................................................................................................................................53

Higher educational attainment of people 25 years and older by county....................................................20

Architecture Firms List..........................................................................................................................................................53

Enrollment analysis.................................................................................................................................................................20 Colleges and Universities List.............................................................................................................................................21

Business Resources.......................................................................................54 S.C. Constitutional offices.....................................................................................................................................................56

Medical and Health Care................................................................................22

Upstateâ&#x20AC;&#x2122;s congressional representation / U.S. Senate..........................................................................................56

Primary care physicians per capita in the Upstate.................................................................................................24

U.S. House of Representatives...........................................................................................................................................56

S.C. ranks 38th in national survey of child well-being..........................................................................................26

S.C. General Assembly / S.C. Senate................................................................................................................................56

Opioid crisis in South Carolina........................................................................................................................................... 27

S.C. House of Representatives............................................................................................................................................58

S.C. health care rankings....................................................................................................................................................... 27

Financing your business, where to go for assistance...........................................................................................59

Affordable Care Act................................................................................................................................................................... 27

Step-by-step guide for starting a business................................................................................................................60 Legal structures of businesses...........................................................................................................................................61

Financial Services..........................................................................................28

Economic Development Organizations List.................................................................................................................61

Projected impact of federal tax reform .........................................................................................................................30

Chambers of Commerce List...............................................................................................................................................62

Mobilized for finance...............................................................................................................................................................30 South Carolina banking performance.............................................................................................................................31

INDEX | www.gsabusiness.com

Corporate Milestones.....................................................................................64