Trident Tech has raised $79M needed for construction and equipment for a new Aeronautical Training Center. The project was approved last week by the State Fiscal Accountability Authority. The center will be 224,000 SF and accommodate 5,400 students per year. Students will be educated and undergo...
More than 30 aerospace companies have announced a new location or expansion in South Carolina since 2011. The annual economic impact of the state's aerospace industry has grown to $19 billion. Read more here.
Due in large part to the technology sector and construction trade, Inc. Magazine includes 23 lowcountry companies as fastest-growing private companies in America. The companies combined reached more than $300M in sales last year. Congratulations to a job well done! See the companies to make the...
The new MUSC women's and children's hospital broke ground this week and is expected to open in 2019. The hospital will be named after Shawn Jenkins, founder and CEO of Benefitfocus, who donated $25M toward the new hospital. MUSC President said of the hospital, "“Imagine what’s going to rise...
"People just want to be able to be effective. Nobody likes going to work and being ineffective." Technology and data are allowing work spaces to change with the needs of employees, allowing them to dictate everything from traffic patterns, shared spaces, and room temperature. Read more here about...
Charleston-based CrowdReach, a communications platform for small businesses, is growing out of its current location and expanding into a 3,500 SF space in 2017. The company launched in May of this year and already plans to hire 20 additional employees. Read more about their product here.
The Charleston MSA added 1,000 construction workers in the past 12 months, the largest percentage increase in South Carolina, up 6%. Officials of the Associated General Contractors of America say despite the current increases, "construction employment [is] becoming less widespread as more...
Anchored by Charleston and the upstate, South Carolina is projected to see a 3.6% economic growth this year, compared to the nation's 1.4% growth. Manufacturers' and distributors' demand for industrial and warehouse space is being propelled by the widening of the Panama Canal. Rents are...
