South Carolina Recognized in Business Facilities’ Latest Rankings
For Business Growth and Success, SelectUSA
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.
Tourism Economy Creates Long-Term Impact, Opportunities
A Legacy 125 Years in the Making
May 2024 marks a monumental milestone for Sonoco — globally headquartered in Hartsville, S.C. — 125 fantastic years in the packaging industry. From a team of 12 in a rented warehouse to Fortune 500 status with an international team of approximately 23,000 across more than 300 operations, Sonoco proudly serves some of the world’s best-known brands in industrial, consumer and several other markets.
S.C. Commerce Names New Global Business Development Director
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.
South Carolina achieves impressive economic development in 2023, including $9.22B announced capital investment
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.