Office & Shared Services

South Carolina is built for the new economy. Industry magazine Business Facilities recently recognized the state for many of the attributes C-Suite executives and small business owners alike have already come to appreciate.

Foreign direct investment (FDI) is pivotal to South Carolina’s economy, accounting for more than 30% of announced economic development investments in 2023 alone. Today, over 1,100 internationally owned operations exist statewide — even for those with locations throughout the world, South Carolina-based operations stand out in helping drive global success.

When a state is rich in natural beauty, from the rolling foothills of the Appalachian Mountains to scenic sandy beaches, it’s hard to keep many destinations a secret. The word has long been out that South Carolina is a top stop, with its world-class golf courses and reigning destination cities, to name just a few.

On April 1, 2024, S.C. Commerce named Annie Caggiano the agency’s new Global Business Development director. Caggiano, who is on her second stint with S.C. Commerce and previously served as a business recruitment manager, brings nearly 20 years of economic development experience to the role.

COLUMBIA, S.C. – MOONDOG Animation Studio (MOONDOG), an animation and immersive experiences company, today announced it is growing its South Carolina footprint with an expansion in Charleston County. The company’s $90,000 investment will create 20 new jobs in five years.

On the heels of a record-setting 2022, economic development throughout South Carolina showed few signs of slowing down in 2023. On Thursday, Jan. 4, 2024, S.C. Commerce announced its 2023 recruitment results, highlighted by a total capital investment of $9.22 billion — the second-highest amount in state history.

MP Cloud Technologies/EMTech, a cloud-based, emergency medical services (EMS) software and billing solutions company, today announced plans to establish operations in Spartanburg County. The company’s $500,000 investment will create 24 new jobs in the downtown Spartanburg area.

The South Carolina Department of Commerce today released its 2020 industry recruitment results. In total, the state won 126 economic development projects, accounting for $4 billion in capital investment and 11,147 new jobs.

"Team South Carolina continues to cultivate a diverse economy in all corners of our state," said Secretary of Commerce Bobby Hitt. "To increase our recruitment to $4 billion in capital investment - particularly during an unprecedented year - takes a remarkable amount of collaboration and unwavering commitment from many partners across this state."

 The South Carolina Department of Commerce today announced the launch of a new business development website. This online platform offers S.C. companies – of all sizes – a multitude of valuable resources throughout the phases of development and growth.