News Archives - SCBiz https://scbiz.com/category/news/ News and information for South Carolina businesses Mon, 08 Jun 2026 19:42:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://scbiz.com/wp-content/uploads/2023/09/favicon-50x50.png News Archives - SCBiz https://scbiz.com/category/news/ 32 32 Red Metals picks Charleston County for copper plant https://scbiz.com/red-metals-charleston-county-copper-manufacturing/ Mon, 08 Jun 2026 16:33:07 +0000 https://scbiz.com/?p=581661 Red Metals will invest $70 million in a Charleston County copper manufacturing facility, creating 45 jobs and strengthening U.S. supply chains.

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  • will invest $70 million in its first production operation in .
  • The project is expected to create at least 45 new jobs.
  • The company will manufacture high-conductivity copper rod for wire, cable and electrical applications.
  • Operations at the 42,000-square-foot facility are expected to begin in the fourth quarter of this year.

 

Copper manufacturer Red Metals  will establish a copper operation in Charleston County. The company’s $70 million investment is expected to create at least 45 new jobs, according to the state Department of Commerce.

Red Metals is building a new domestic for copper products by converting copper raw materials directly into finished goods through an integrated refining and manufacturing process, according to a news release. The company’s Charleston County facility will serve as its first production operation.

Located at 4500 Leeds Ave. in North Charleston, the company’s 42,000-square-foot facility will manufacture high-conductivity copper rod used in wire, cable and other electrical applications.

“Red Metals is building a modern domestic supply of copper products at a time when reliable industrial infrastructure has never been more critical,” Red Metals founder and CEO Jackson Switzer said in the news release. “Charleston County gives us the foundation to scale a new model for copper refining and manufacturing, in close proximity to both the sources of supply and the industries that depend on it. We’re excited to invest in the region, create high-quality jobs and help support the next generation of American manufacturing, energy and defense.”
Copper is a critical input for electrical infrastructure, data centers, electrification, and defense applications. S&P Global projects global copper demand will nearly double by 2035, driven by electrification, renewable energy, electric vehicles and digital infrastructure.

The operation is designed to strengthen domestic manufacturing capacity and deliver essential copper products with shorter lead times and reduced supply chain complexity.

“Red Metals’ decision to bring its to Charleston County delivers a significant advantage for several of our key industries that rely on this essential material,” Charleston County Council Chairman Joe Boykin said in the release. “Aside from strengthening the supply chain for neighboring businesses, this investment also brings high-quality jobs to advance our workforce as it continues to grow.”

Operations are expected to come online in the fourth quarter of this year. Engineers, operators and other entrepreneurial builders interested in joining the Red Metals team should visit redmetals.com to learn more.

“We’re pleased to welcome Red Metals to the Charleston region,” Charleston Regional Development Alliance Board Chairman Will Russell said in the release. “Their investment reflects the continued momentum we’re seeing across Charleston and the strength of our regional partnerships. We appreciate their commitment to our community and look forward to supporting their success as they grow here.”

The Coordinating Council for approved job development credits related to the project.

represented Red Metals Inc. in securing Leeds Avenue industrial facility, which is on more than six acres.

The property is zoned for heavy industrial.

NAI Charleston brokers Dexter Rumsey and Whit Jones represented Red Metals in the transaction. The property ownership was represented by Alex Whittemore and Jon-Michael Brock of Colliers.

“From start to finish it was great working with Red Metals to secure this space,” Whit Jones, associate at NAI Charleston, said in a separate announcement from the firm. “They are revolutionizing the copper industry, and they couldn’t have picked a better market to do so.”

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Link85 office headquarters project unveiled in Greer https://scbiz.com/link85-greer-office-headquarters-project/ Mon, 08 Jun 2026 15:37:18 +0000 https://scbiz.com/?p=581659 Trinity Partners unveils Link85 in Greer, a 126,950-square-foot headquarters office project targeting companies relocating to Greenville-Spartanburg.

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  • unveiled , a trophy-class office and headquarters building in .
  • The 126,950-square-foot building was designed by and is part of ‘s master-planned development.
  • Link85 is positioned to attract companies seeking lower costs and access to talent in the market.
  • The site also offers 100,000 to 355,000 square feet of Class A industrial build-to-suit space for , research and development users.

 

The firm Trinity Partners has unveiled Link85, a building it calls a “new trophy-class office and headquarters” in Greer.

The building, part of RealtyLink’s master planned industrial and , is designed to meet what it says is a clear and growing demand: corporations seeking a smarter alternative to the Southeast’s larger, more expensive major markets.

Link85’s major advantage is its location in the Greenville-Spartanburg area, increasingly recognized as one of the most attractive relocation destinations in the region, according to a Trinity Partners news release. As companies weigh the rising cost of doing business in major Southeastern hubs, Greenville-Spartanburg offers a compelling combination of affordability, quality of life and access that few markets can match, the firm said. For corporations focused on recruiting and retaining top talent, that combination has become a decisive advantage.

The firm says a business-friendly state and a history of success for Upstate industry bolsters the area’s attractiveness. In 2025, Spartanburg County secured $3.5 billion in economic investment, the equivalent of $9.5 million per day, along with 1,024 new jobs.

“We saw what companies are looking for right now: a place where they can build a headquarters, control their costs, and give their people a quality of life that helps attract and keep the best talent,” Haydrian Lewis, developer associate for RealtyLink, said in the release. “Greenville-Spartanburg delivers all of that, and Link85 was designed to give a forward-thinking company the home it deserves in one of the most business-friendly markets in the country.”

In addition to the office headquarters, the site also offers 100,000 to 355,000 square feet of Class A industrial build-to-suit opportunity for or R&D, ideal for technology, research and life science being offered through Trey Pennington,  Jeff Benedict and Tripp Speaks at CBRE. The site provides flexibility and may be modified depending on the user requirements.

Link85 supports that vision with a 126,950-square-foot building designed by Gensler, featuring flexible 24,400-square-foot floorplates that allow tenants to plan efficiently for collaboration, focus and other activities, the release said. Located at the intersection of Interstate 85 and Highway 101, the building offers regional access, including proximity to Greenville-Spartanburg International Airport and Inland Port Greer, and carries an Opportunity Zone designation.

“This is the kind of opportunity that doesn’t come around often,” said Edward Wilson, managing partner of Trinity Partners. “Companies relocating or expanding in the Southeast are taking a serious look at Greenville-Spartanburg, and Link85 gives them a way to plant a flag here with a true headquarters.

Wilson, along with Grayson Burgess, senior brokerage associate, and Anthony Porchetta, brokerage associate, will be responsible for leasing on behalf of the owners.

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Chip Crane’s journey up the Charleston construction industry ladder https://scbiz.com/hill-construction-chip-crane-lowcountry-success/ Mon, 08 Jun 2026 13:07:36 +0000 https://scbiz.com/?p=581163 Hill Construction CEO Chip Crane reflects on 26 years in Charleston construction, repeat clients and growth across the Lowcountry market.

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  • has spent 26 years building his career at in Charleston
  • Hill Construction focuses on commercial projects across Charleston, Berkeley and Dorchester counties
  • About 80% of the firm’s work comes from repeat clients throughout the
  • Crane said collaboration and networking have helped shape Charleston’s

 

Crane
Crane

“Work hard and be good,” might sound simple, but Chip Crane said it is pretty key for both life and career success.

After 26 years working his way up the Lowcountry construction ladder, Crane serves as president and CEO of Hill Construction, which specializes in commercial pre-construction, design and building services, construction management, and .

“There is no substitution for hard work, in construction especially,” Crane said. “I think sometimes people try to find a way to get around something, but to me, success will follow those who work hard.”

He was a member of the SCBIZ inaugural class of the SC500.

After entering the industry in Lowell, Mass., for a real estate developer, he worked as an architectural draftsman. The job sparked an interest in going to school for architecture at The Catholic University of America followed by earning his master’s degree in construction from the University of Illinois.

After completing school, Crane worked for construction companies in the Northeast for about 11 years, focused around the Boston area. Hill Construction offered Crane a position as a preconstruction services manager in Charleston in 2000, transferring his homebase to the Lowcountry.

Though he noticed the likenesses of the two regions, Crane has found a community in the Lowcountry that he wasn’t exposed to in Boston. Crane said greater Charleston’s construction community works together to see one another succeed.

“Charleston has been a great fit for me. It has a lot of similarities to Boston in terms of culture and feel, and of being a coastal port city,” Crane said. “I love the camaraderie in our industry, and I’m good friends with most of the people that we compete with for work. Charleston is much more collegial than it is competitive.”

After 10 years working as a manger and then director in preconstruction for the company, he was promoted to vice president of business development, where he served for nearly nine years before accepting his current position of seven years.

Looking back at his career, Crane credits networking with local industry peers as one of his keys to success. In his first 10 years in Charleston, he said the industry was growing with strong opportunities to develop personal and professional relationships in the field.

After 70 years in business, the firm is made up of almost entirely Lowcountry and Pee-Dee projects, hugging the South Carolina coast. Crane considers the company a “traditional Lowcountry construction firm” with about 18 to 20 projects going on at one time, a majority based in Berkeley, Dorchester and Charleston counties.

With about 80% of the companies’ projects being repeat clients, Crane said it allows for the team to count on its past successes to bolster more success. Most projects, both public and private, are buildings made to support a growing community — projects such as churches, amenity centers, office space and parks.

“It’s super important to us that our employees can go home and sleep in their own beds,” Crane said. “So that shapes how we craft our staff and how we continue with the quality of service people have come to expect from Hill Construction.”

Yet as population grows, there is a shift in the construction landscape in Charleston. Crane said he has watched national firms move in and the quantity of projects expand. Nonetheless, Crane thinks the market can support all the firms currently working in the Lowcountry.

A partner in the business, Crane works alongside three other leaders: Gene Garrett, chief operating officer and project manager; Bart Bodkin, senior vice president and project manager; and Ted Chestnut, director of preconstruction.

“We have purposefully made the decision to not get all the work we could get and add a bunch of new employees,” Crane said. “We like the size that we are because we can manage it, and we find that it allows us to maintain the level of service for the repeat clients.”

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HCA Healthcare breaks ground on Cane Bay freestanding ER https://scbiz.com/hca-healthcare-breaks-ground-on-cane-bay-freestanding-er/ Fri, 05 Jun 2026 09:59:55 +0000 https://scbiz.com/?p=581579 HCA Healthcare is investing $15 million in a new Cane Bay freestanding emergency room to expand 24/7 emergency care in Berkeley County.

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  • broke ground on a $15 million freestanding in .
  • The 10,000-square-foot facility will feature 10 exam rooms, imaging, lab services and telemedicine.
  • The ER will serve Cane Bay, Nexton, Del Webb, Carnes Crossroads and surrounding communities.
  • The project marks HCA’s fifth freestanding emergency room in the .

 

HCA Healthcare broke ground on its fifth freestanding emergency room in the Lowcountry, adding Cane Bay to its tri-county care portfolio.

According to a news release, the $15 million project will be 10,000 square feet with 10 patient exam rooms, a triage room, advanced imaging services, laboratory services and telemedicine for stroke and behavioral health.

“As our communities continue to grow, expanding access to remains one of our highest priorities,” Jeff Wilson, president of HCA Healthcare Charleston and CEO of HCA Healthcare , said in a news release. “When we began planning for this freestanding ER, we knew this community deserved emergency care that is close, dependable, and built with its future in mind. Families are moving here, retirees are settling here, and businesses are investing here. With that growth comes a responsibility to ensure emergency care is never out of reach.”

In addition to the Cane Bay area, the new ER is expected to serve Nexton, Del Webb, Carnes Crossroads, and other surrounding communities. It will be open 24/7.

“This project is about more than constructing a building,” Wilson said. “It’s about strengthening access to life-saving care, supporting the long-term health of this community, and providing peace of mind to families who want to know expert emergency care is nearby when every minute matters.”

HCA currently operates a freestanding ER in Brighton Park, Centre Pointe, James Island and Moncks Corner. The company also plans to add a freestanding ER on Johns Island and Long Point in Mount Pleasant later this year, according to the release.

In 2025, over 350,000 patients received emergency care through an HCA Healthcare facility.

“When someone experiences a medical emergency, access matters,” Dr. Neal Shelley, ER medical director for HCA Healthcare Cane Bay ER, said. “This ER will provide proximity to emergency physicians, advanced diagnostics, and life-saving care when minutes matter most. It will improve response times, support our EMS partners, and give families confidence knowing experienced emergency care is close to home.”

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Austrian company picks Oconee County for $44.5M facility https://scbiz.com/mosdorfer-oconee-county-44-5-million-facility/ Thu, 04 Jun 2026 12:47:29 +0000 https://scbiz.com/?p=581627 Mosdorfer will invest $44.55 million in Oconee County, creating 107 jobs at its first U.S. manufacturing facility for energy infrastructure.

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  • selected for its first U.S. operation.
  • The company plans to invest $44.55 million and create 107 new jobs.
  • The Westminster facility will manufacture line hardware and accessories.
  • Operations are expected to begin by the third quarter of 2027.

 

A manufacturer of picked Oconee County for its first U.S. operation, a  $44.55 million investment the company says will create 107 new jobs.

Mosdorfer LLC is headquartered in Weiz, Austria, where it was founded more than 300 years ago. Mosdorfer started designing and manufacturing hardware for high voltage transmission lines in 1949, according to a news release.

Today, the company has a global footprint with production facilities in Europe, India and Thailand that employ over 1,100 people, according to the company website. As the competence center for the energy systems business unit within the , Mosdorfer designs and manufactures high-voltage transmission line hardware and accessories, including suspension and tension strings, dampening and vibration systems, as well as other solutions that enhance the safety, reliability and efficiency of electricity transmission worldwide.

At the new facility near Westminster, Mosdorfer will design and manufacture high-voltage transmission line hardware and accessories, primarily made from steel and aluminum, the company says.

“It has been an incredible journey over the past year,” Energy Systems Managing Director Erich Kaltmann said in the news release. “During our site selection process, we evaluated numerous locations across several U.S. states, visited many communities and carefully assessed a wide range of opportunities. From the very beginning, we felt welcomed and supported in Oconee County. We found the perfect combination of a skilled workforce, excellent training facilities, the right building and, most importantly, genuinely kind people. It already starts to feel like a second home away from home.”

Mosdorfer’s new facility at 444 Oconee Business Parkway in Westminster will support machining, steel fabrication, assembly, testing and related production activities for high-voltage transmission line components and infrastructure solutions. The site also is intended to serve as the company’s North American production and operational hub, supporting long-term growth in the U.S. market while creating skilled manufacturing, engineering and administrative jobs within South Carolina.

“This new factory in Oconee marks another major milestone in our long history,” Kaltmann said in the release. “As a company that thinks in generations, we are making a long-term commitment to this community and have come here to stay.”

Operations are expected to be online by the third quarter of 2027.

“It is another top shelf for business day in Oconee County with Mosdorfer’s decision to locate in our community,” Oconee Economic Alliance President and CEO Jamie Gilbert said in the release. “Recruitment of Mosdorfer was the highest of priorities for us from day one, as they are an incredible, 12th generation family-owned business. Mosdorfer aligns well with the county’s goal of attracting high quality, stable manufacturers that complement our workforce strengths and have a growing and reliable customer base. The OEA has built a strong and trusting relationship with the Mosdorfer executive team and we can’t thank them enough for making this significant commitment in Oconee.”
The state Commerce Department’s Coordinating Council for Economic Development approved job development credits related to the project.

“It is exciting that Mosdorfer has chosen Oconee as its first North American location,” state Senate President Thomas C. Alexander said in the release. “Mosdorfer recognized what we have long known: Oconee’s pro-business climate, skilled workforce and exceptional quality of life make it an outstanding place to do business, live and raise a family. As the company grows and succeeds here, I am confident its leadership will view this as a great decision.”

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Small businesses adapt to rising costs and uncertainty https://scbiz.com/small-businesses-adapt-to-rising-costs-and-uncertainty/ Thu, 04 Jun 2026 11:33:21 +0000 https://scbiz.com/?p=581619 Small business leaders across the Southeast are navigating inflation, workforce challenges and growth opportunities with resilience and innovation.

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  • owners are balancing , and rising operating costs.
  • Many companies are shifting from rapid expansion to sustainable, disciplined growth strategies.
  • Investment in , branding and customer experience remains a key priority.
  • Business leaders remain optimistic despite economic uncertainty and changing consumer behavior.

 

Briley
Briley

Small business leaders are navigating a complex mix of economic pressure and opportunity, balancing inflation, rapidly increasing operating costs, workforce shortages and much more. While there is much uncertainty in today’s business climate, business owners in varying industries are staying resilient and adaptable. Whether it is adopting new technologies, focusing on how to forge stronger customer relationships or identifying out-of-the-box growth strategies, businesses across the Southeast are committed to growing and remaining competitive, no matter what challenges or trends come their way.

Some members of the South Carolina 500 weighed in on how things are going on the small business front.

Challenges and Opportunities

Britton Briley, CEO of Ghost Brands, believes that small business owners are talking about one word more than anything else right now: pressure. That could mean on margins, payroll, pricing, customer acquisition or keeping up with the latest technology.

Collins
Collins

Briley shared, “In the Southeast specifically, I think owners are still optimistic, but they are much more cautious than they were a few years ago. The days of ‘growth at all costs’ are over for a lot of small businesses. Now the conversation is more about smart growth, sustainable systems, better and making sure every dollar spent has a purpose.”

Katie Collins, president and CEO of Greater Chamber of Commerce, spoke of the growth that defines the Upstate. And while that growth is exciting, it has also impacted small business trends and challenges.

“Greer alone has grown from roughly 25,000 residents in 2010 to more than 50,000 today, and that number continues to climb,” she explained. “That momentum is creating opportunity, but also putting pressure on workforce needs, housing and infrastructure. Workforce availability, rising operating costs and more selective consumer spending remain top concerns.”

Johnson
Johnson

And while leading with passion is key to scaling sustainably for many business owners, it is not the only thing that can bring success. Nicole Johnson, CEO and co-founder of Boyd Cycling, said that the biggest challenges they face right now are managing growth, rising costs and increased complexity — all without losing control of the business they’ve worked so hard to build.

“The conversations I’m having with other founders aren’t about big ideas (well, we still have BIG ideas) — they’re about cash flow, discipline, and how to scale without putting the company at risk. We’re also doubling down on our core: great product, a strong brand and a customer experience that stands out. Because trends will change. Markets will shift. But if those fundamentals are strong, the business can evolve with them.”

A shift in tradition

Chico
Chico

Marketing and advertising are also big topics that businesses are discussing right now. Amy Chico, senior vice president of HLA, said her team is rethinking typical efforts in those areas.

Chico said, “Is the time spent on creating a social media presence going to advance our business, and how? We aren’t cutting costs; we are trying to rebalance our spending so it’s more intentional and mindful.”

At Charleston public relations firm CBPR, where marketing and PR are at the core of its operations, Charlotte Berger, founder, explained that traditional media opportunities have become more limited and competitive. This shift has changed how they do business and how they serve their clientele.

Berger
Berger

“Clients are looking for a more cost-effective, hands-on approach that still delivers strong regional and national press, while also prioritizing local partnerships and community-driven strategy,” Berger said.

Her company has expanded into new industries and has doubled down on adding more digital advertising capabilities across Google and Meta. “We’re firmly in a growth phase. Our focus is not just on scaling, but on maintaining the quality of our work and the strength of our internal culture.”

Briley agreed that investing in a strong digital presence is a trend that is likely not going away any time soon.

“Small businesses are realizing they cannot afford to look small anymore,” Briley said. “Whether you are a restaurant, contractor, municipality, medical group, retail brand or sports organization, your digital presence is often the first impression. Businesses investing in brand, content, websites, social media and customer experience are the ones separating themselves from competitors. The opportunity is in building brands with structure: clear messaging, strong visual identity, consistent content, better storytelling, smarter advertising and a customer experience that matches the promise.”

Looking ahead

Garrison
Garrison

While business leaders traverse a dynamic landscape, their focus remains on building something that stands the test of time.

Karina Garrison, senior vice president at Pinnacle Financial Partners said, “Small business owners show up every day with resilience, grit and incredible commitment to their teams and communities. That’s exactly why it’s so important to support them

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GE Vernova Park opens as Greenville Triumph home https://scbiz.com/ge-vernova-park-greenville-triumph-mauldin/ Wed, 03 Jun 2026 14:41:47 +0000 https://scbiz.com/?p=581612 GE Vernova Park opens in Mauldin as the permanent home of Greenville Triumph and Greenville Liberty, anchoring a public-private stadium project.

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In a way, the first home game for the Greenville Triumph takes place today, June 3.

Greenville Pro Soccer kicked off the opening of Park, the first permanent home for the Triumph and the women’s Greenville Liberty team, on June 2.

The stadium at BridgeWay Station in Mauldin is a public-private project that also will be used for community events.

GE Vernova got behind the Upstate soccer scene by taking on a multi-year agreement to hoist its name above the home stadium of the Triumph and Liberty.

The sponsorship underscores GE Vernova’s commitment to supporting the communities where its employees live and work, the company said in November when announcing the relationship. The agreement between Greenville Pro Soccer and GE Vernova was brokered by global sports, music and entertainment company Wasserman.

The stadium will seat 4,300, with a total capacity of 6,300.

The project is a public-private partnership with the city of Mauldin, the state of South Carolina, Greenville Pro Soccer and Hughes Investments.

Until now home games were played first at Legacy Early College and then Furman University.

The first home game at the new stadium is at 7 p.m. against Forward Madison FC. A fan festival starts at 4:30 p.m. with live entertainment, activities and fan experiences at BridgeWay Station Plaza.

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USA Rare Earth selects Cherokee County for $1.2B plant https://scbiz.com/usa-rare-earth-selects-cherokee-county-for-1-2b-plant/ Wed, 03 Jun 2026 14:04:08 +0000 https://scbiz.com/?p=581609 USA Rare Earth will invest $1.2 billion in Cherokee County, creating nearly 500 jobs and expanding the U.S. rare earth supply chain.

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A global player in rare earth materials says it has selected Cherokee County for a $1.2 billion operation that will create nearly 500 jobs in the state.

It will be the first operation in South Carolina for USA Rare Earth Inc., which works in rare earths, critical minerals and advanced materials.

With operations in Europe, the United Kingdom and the United States, as well as a planned acquisition of a major rare earth mine in Brazil, USA Rare Earth is building a global rare earth and permanent magnet value chain to serve for both commercial and defense technologies supporting the U.S. and its allies, according to a news release from the South Carolina Department of Revenue.

China currently manufactures approximately 92% of the world’s sintered NdFeB permanent magnets, according to USA Rare Earth.

“Cherokee County is the next critical link in the rare earth and magnet value chain we’re building across the United States, United Kingdom, Europe and around the globe,” USA Rare Earth CEO Barbara Humpton said in the news release. “South Carolina offered the workforce, the infrastructure and the partners we needed to move quickly. With this investment, we’re bringing home the advanced manufacturing capabilities that America and its allies depend on, from the factory floor to the front lines.”

The new facility, which will be located at Bailey Park in Blacksburg, will produce neodymium-iron-boron (NdFeB) permanent magnets and refined rare earth metals, according to the release. This South Carolina advanced manufacturing campus will perform critical functions including electrolysis, metallothermic reduction, strip casting, jet milling, dry pressing, sintering, heat treatment, machining and coating.

“Two hundred and fifty years ago, Cherokee County helped turn the tide of the Revolutionary War and today we are proud to once again stand on the front lines of American independence by welcoming USA Rare Earth to the Bailey Park,” Cherokee County Councilman Tim Spencer said in the release. “This project strengthens our nation’s future by reducing our dependence on China for critical while bringing jobs, investment and opportunity to Cherokee County.”

According to a separate announcement from , USA Rare Earth’s announcement highlights the impact of Duke Energy’s Site Readiness Program, which helped prepare the Bailey Industrial Site for major . Through upfront due diligence, infrastructure planning and site marketing, the program made Bailey more competitive for companies looking to move quickly on a new project, according to Duke.

Since 2005, the program has helped attract significant investment across South Carolina, and Bailey is the latest example. After completing the site-readiness process, the Cherokee County property was better positioned to compete for transformative projects – culminating in USA Rare Earth’s announcement that it will build a facility there, bringing a $1.2 billion investment and 490 new jobs in one of the county’s biggest economic wins.

“Duke Energy is proud to help bring USA Rare Earth to Cherokee County and strengthen America’s domestic rare earth supply chain,” Duke Energy South Carolina President Tim Pearson said in the release. “Through our close collaboration with state and local economic development partners, we worked to position this site with the upfront diligence, coordination and energy planning that companies need to move with confidence and speed. As we continue to prioritize reliable power at the lowest possible cost for our customers, we stand ready to welcome more industries like this to call South Carolina home.”

The Duke Energy Site Readiness Program includes detailed site assessments by partners in site selection and engineering to identify opportunities, address challenges and improve a property’s competitiveness before a prospect is on the table, according to the energy company. That proactive work can help communities shorten timelines, reduce uncertainty and better position sites like Bailey for major industrial announcements.

Operations at the USA Rare Earth site are expected to be online in April 2028.

“South Carolina continues to attract investments that strengthen our economy and create meaningful opportunities for our people,” Gov. Henry McMaster said in the release. “USA Rare Earth’s $1.2 billion investment and the creation of approximately 490 new jobs will have a significant impact on Cherokee County and reinforce our state’s position as a leader in American manufacturing.”

The Commerce Department’s Coordinating Council for Economic Development approved job development credits related to the project.

 

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South Carolina small businesses drive jobs, growth https://scbiz.com/south-carolina-small-businesses-jobs-growth/ Wed, 03 Jun 2026 13:07:07 +0000 https://scbiz.com/?p=581164 South Carolina small businesses account for 99% of firms statewide, fueling job growth while navigating health care, capital and cost challenges.

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  • Small businesses make up 99% of all businesses in South Carolina.
  • The sector contributed 25,358 net new jobs between March 2023 and March 2024, accounting for 71% of state .
  • Access to capital, rising costs and affordability remain major challenges for business owners.
  • Companies like Lillie’s of Charleston illustrate both the opportunities and obstacles facing entrepreneurs.

 

In 1985, Tracey Richardson and Kellye Wicker’s father opened a restaurant called The Rib Shack, with menu items featuring a ribs entree for $4.89 and a seafood platter for $5.29.

Though The Rib Shack has long since closed, and taken its $5 ribs with it, the flavors of its menu are carried on through Richardson and Wicker’s Lillie’s of Charleston, a retailer of sauces and spices inspired by cuisine.

The sister duo, along with Richardson’s husband, carries the workload of the entirely on their own shoulders.

Lillie’s is sold in large chain grocery stores, Charleston and Columbia airports, markets, and Amazon. The products are also used nationally, with South Carolina locations in colleges and universities, hotels, resorts and restaurants. Recently, the trio added popcorn to their portfolio, which Wicker said puts them back into a startup funding mindset.

“We’re competing against the other consumer product goods companies that have big marketing budgets and influencers, whereas we don’t have that to be able to get our brand out there. So, that’s a challenge in terms of the growth,” Wicker said.

Across the state of South Carolina, businesses like Lillie’s are taking out loans, purchasing a brick-and-mortar, and opening the door each day to both fresh and seasoned small businesses.

Qualified by the U.S. (SBA) as an establishment with less than 500 employees, small businesses make up for 99% of businesses in South Carolina. Between 1998 and 2022, small businesses in South Carolina increased by 21%, with the population growth around 40% in that same period, according to Federal Reserve Economic Data.

For Frank Knapp, president and CEO of the South Carolina Small Businesses Chamber of Commerce, a major focus for the chamber is to address financial strain, like the increase in the cost of energy and access to affordable health care for owners and employees. To keep South Carolina businesses afloat, Knapp notes that these strains have been a fight for most of his career.

Between March 2023 and March 2024, SBA said small businesses contributed a net increase of 25,358 jobs in that time frame, 71% of the total job growth in the state.

“We’ve got to remember that our employees are the customers of small businesses, and we want them to have money to spend in the local economy,” Knapp said. “That has been our work for the past 26 years and it continues today.”

Making up for 43% of employes in the state, small businesses employ 863,326 South Carolinians. According to SBA data, of the 530,402 small businesses, 83% operate with no employees and 98% have less than 20 employees.

Richardson said that even with the accessibility to grow a business in the state, there are still struggles to managing Lillie’s.

“I think South Carolina is a great state to be a part of that actually supports small businesses because there’s opportunities to have locations here and offices’ headquarters,” Richardson said. “I think that one of the main things I would like to see is more support for health care. We have to pay for our own health care, so there’s not a lot of options and there’s also very high thresholds.”

Knapp said that South Carolina is a great place to start a small business; the sector is performing well. He said there is no lack of success for small businesses in the more urban areas of the state, but the rural areas require a bit more attention to maintain a strong small business presence.

“Overall, I do not hear a lot of complaints from small businesses. Maybe some have their concern about this and that, but in general, small businesses are healthy, and their numbers are growing in South Carolina. That’s a good thing, and our job is to be an advocate for them,” Knapp said.

Founded in 1953, SBA opened following World War II to help revitalize the country’s economy by making sure those that returned had opportunities for wealth development, as well as job opportunities.

Melissa Lindler, district director of the SBA of South Carolina, said that though the country may not be recovering from a war, the purpose remains the same, connecting business owners with information and direction to capital.

As some industries, such as manufacturing, thrive in the state, sectors such as retail and agriculture are seeing more struggle. At the end of the day, Lindler said the primary challenge remains capital.

“I think one of the biggest struggles right now is trying to figure out tomorrow by understanding where you are today,” Lindler said. “That tomorrow may not look like it does today for you, but it may be what’s needed in terms of adjustments that will help you survive and continue as a small business owner.”

Top industries for the state include scientific and technical services, administration and waste management, real estate, transportation, health care, and retail. In 2025, 1,042 loans totaling $692 million were granted to top industries of food services, retail, health care and construction.

Lindler said the South Carolina government has done well to both draw new businesses into the state, as well as helping to sustain the businesses that are already here. Small businesses have a lot of room to play a role in the larger companies’ operations by understanding the needs and aiming to fill the hole for products that could begin being made in the U.S.

“That’s one thing about our small businesses here in South Carolina; they’re strong, they’re resilient, but they’re also constantly looking for ways to modify, pivot and make sure they’re ready for what’s to come,” Lindler said.

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Highline Hospitality Partners to open second King Street hotel https://scbiz.com/lowline-hotel-downtown-charleston-opening/ Tue, 02 Jun 2026 12:15:14 +0000 https://scbiz.com/?p=581524 The Lowline Hotel opens in downtown Charleston with 197 rooms, a new restaurant, event space and amenities at the former Hyatt Place site.

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Highline Hospitality Partners, the company behind Hyatt House, is adding to its portfolio with another downtown Charleston hotel.

The Lowline Hotel is a remodeled property in the previous Hyatt Place Charleston Historic District on . The hotel is accepting July reservations now for its 197 rooms, with rates beginning around $250 per night, according to the hotel’s website.

“The Lowline Hotel was created to embody the best elements of one of the country’s most historic and spirited cities. Each element of the hotel was chosen with precision, purpose and intent, ensuring each experience on the property reflects Charleston to the fullest,” Chuck Pomerantz, managing partner of Highline Hospitality Partners, said in a news release. “While The Lowline aims to appreciate the past, it was important to us to also create a hotel for the modern traveler. We are proud of the property we created and we look forward to welcoming locals and visitors alike to enjoy the charm of Charleston in a new way.”

The Lowline’s signature restaurant will be the Leeward Restaurant and Leeward Patio, with Southern, Lowcountry-inspired cuisine. The hotel will also have Lowline Spirited Coffee & Provisions, a cafe and market.

The 8,000-square-foot building will include event space, a pool, a fitness center and valet parking.

“The beauty of Southern cuisine is not just in the flavors of a dish, but in the care that is taken in each step of cooking the meal. That care is reflected in every meal at The Lowline, and no matter the occasion, guests are promised the comfort and familiarity of a home cooked meal with loved ones,” Joey Worley, director of food and beverage at The Lowline Hotel, said in the release. “The food scene throughout Charleston is vibrant and lively with a rich history, and we are excited to add The Lowline and Leeward to the mix.”

The hotel’s interior is designed by Ealain Studio with both modern and vintage influence, drawing on coastal and aerial design, according to the release.

“The hotel serves as a living reflection of the city,” Jacqueline McGee, principal and design director of Ealain Studio, said in the release. “It is a fun and modern interpretation inspired by Charleston’s history and unique Southern culture. With each design choice, we sought to create distinctive experiences for guests staying at The Lowline Hotel, from sitting under the undulating sails in the hidden garden to admiring the quilted floor tile in Spirited Provisions or meeting the pirates in the Leeward Bar while sipping cocktails beside its sculptural fireplace.”

Highline Hospitality Partners owns 17 hotels across the United States and is based in Birmingham, Ala.

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