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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.

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.

The life sciences industry is South Carolina’s fastest growing sector, accounting for an annual economic impact of $25.7 billion. With high growth potential and average wages nearly 80% above the state’s average, the industry’s upward trajectory is part of its selection as one of three target sectors in S.C. Commerce’s new strategic framework to guide future economic development efforts, announced in January 2024.

To recognize the innovations and talent supporting South Carolina in “advancing the future, now,” The 2024 Governor’s Economic Summit united state, business and community leaders Monday, Jan. 29, 2024, setting forth South Carolina’s long-term economic development vision. In addition to remarks by Governor Henry McMaster, Secretary of Commerce Harry M.