South Carolina export sales total $37.3 billion in 2023, defying national exports trend
Governor Henry McMaster, the South Carolina Department of Commerce (S.C. Commerce) and South Carolina Ports (SC Ports) today announced that the state’s 2023 export sales totaled $37.3 billion, defying the national trend where U.S. exports were down 2.2%, according to the U.S. Department of Commerce. Since 2013, South Carolina exports have grown at an average rate of 4.4% year-to-year. Over the same period, U.S. exports grew at an average rate of 3% year-to-year.
Snider Fleet Solutions relocating headquarters to Lancaster County
Snider Fleet Solutions, a leading innovator in providing total fleet maintenance solutions to the transportation and construction industries, announced plans to relocate its North Carolina based headquarter offices to Lancaster County. The company’s $6.9 million investment will create 167 new jobs.
Neal Brothers Charleston, Inc. expanding Charleston County operations
Neal Brothers Charleston, Inc. (Neal Brothers), a global logistics leader, today announced plans to expand its existing Charleston County operations. The company’s $9.48 million investment will create 10 new jobs in the first year.
South Carolina leads the nation as top exporter of tires and completed passenger motor vehicles
Gov. Henry McMaster, the S.C. Department of Commerce (S.C. Commerce) and the South Carolina Ports Authority (SC Ports) today announced that the state's 2022 export sales totaled $31.5 billion, up 6% over 2021, according to data from the U.S. Department of Commerce. The state remains the nation’s top exporter of completed passenger motor vehicles and tires.
Notable 2022 export statistics include:
Pallidus relocating corporate headquarters and manufacturing operations to York County
Pallidus, an innovative silicon carbide (SiC) wafer semiconductor manufacturer, today announced plans to relocate its corporate headquarters and manufacturing operations to York County. The company’s $443 million investment will create 405 new jobs.
Nucor Corporation expanding in Berkeley County
Nucor Corporation (Nucor), one of the largest manufacturers of steel and steel products in North America, today announced plans to expand operations in Berkeley County. The company is investing $200 million over the next five years.
With roots dating back to 1905, Nucor manufactures a variety of products including carbon and alloy steel; hollow structural tubing; electrical conduit; precision castings; and more. The company’s products serve the agriculture, automotive and energy industries along with various others.
FlexCold establishing cold storage operations in Dorchester County
FlexCold, a leading cold storage warehousing and logistics company, today announced plans to establish operations in Dorchester County. The company’s $49.9 million investment will create 59 new jobs.
S.C. Commerce awarded grant to support export assistance programs
The South Carolina Department of Commerce (S.C. Commerce) has been awarded a State Trade Expansion Program (STEP) grant from the United States Small Business Administration (SBA) for the 10th consecutive year. The state received its full requested amount of $250,000 to support and encourage small business export success.
