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.
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Portside Technology expands Charleston County operations
COLUMBIA, S.C. – Portside Technology, an information technology (IT) services company, today announced it is expanding its Charleston County operations. The company’s continued local investments, partnered with its historical and continued merger and acquisitions strategy, will create 89 new jobs.
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.
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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.
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TTS Studios expands Charleston County operations
COLUMBIA, S.C. – TTS Studios, a custom fabrication company, today announced the expansion of its Charleston County operations. The company’s $845,000 investment will create 14 new jobs.
Established in 2016, TTS Studios supports and amplifies creative visions through innovative technical design and custom fabrication. The company specializes in creating for the performing arts, premium event and experiential marketing industries.
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.
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MOONDOG Animation Studio grows South Carolina footprint with expansion in Charleston County
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.
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Defense Engineering Services expanding Charleston County operations
Defense Engineering Services (DES), a governmental engineering company, today announced plans to expand its Charleston County operations. The company’s $2.5 million investment will create 45 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.