The South Carolina Power Team, in support of the 19 electric cooperatives of South Carolina, is an essential partner for economic development in South Carolina. Often, throughout the site selection process, projects encounter challenges as the location decision progresses.
The electric cooperatives and the South Carolina Power Team have consistently come to the table with innovative solutions that play a critical role in combatting these challenges and assist companies in choosing South Carolina. The Case Studies below are a few of the many specific examples where projects have faced a critical need and the electric cooperatives have found a solution to assist in companies such as Samsung and Volvo locating in South Carolina.
Background: Manufacturing contributes 16% of South Carolina’s gross domestic product (GDP). The state aggressively recruits new industry, and encourages existing industries to expand, with a variety of incentives including rewards for the creation of new jobs. Challenge: In South Carolina, it is common for manufacturers to make capital investments in new machinery or equipment upgrades […]
Background: In February 2018, Crown Health Care Laundry Services, LLC. opened its processing plant in an upfitted speculative building in I-20 Industrial Center in Lee County, SC. While the new jobs and capital investment were welcome and celebrated, Lee County did not have any available Class A industrial speculative buildings or building pads after Crown […]
Antecedentes: en 2017, Samsung inició un proceso de búsqueda de un edificio existente de 500 000 pies cuadrados para producir lavadoras para el mercado norteamericano. Además del edificio, la empresa invertiría $350 millones y emplearía a casi 1000 habitantes de Carolina del Sur en dos fases de crecimiento. Desafío: Carolina del Sur solo tenía un edificio en […]
Antecedentes: en 2014, Volvo y su empresa matriz, Geely, realizaron una búsqueda para identificar el hogar de su primera planta de producción nacional. El proyecto costaría $500 millones en nueva inversión de capital y emplearía a aproximadamente 1000 personas en la instalación. La empresa redujo su búsqueda a un sitio fuera de Charleston y un sitio fuera de […]
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