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 […]
Contexte : En 2017, Samsung a lancé un processus de recherche d'un bâtiment existant de 500 000 pieds carrés pour produire des machines à laver pour le marché nord-américain. En plus du bâtiment, l'entreprise investirait $350 millions et emploierait près de 1000 sud-caroliniens sur deux phases de croissance. Défi: la Caroline du Sud n'avait qu'un seul bâtiment dans le […]
Contexte : En 2014, Volvo et sa société mère, Geely, ont mené une recherche pour identifier le domicile de leur première usine de production nationale. Le projet coûterait $500 millions de nouveaux investissements en capital et emploierait environ 1 000 personnes dans l'installation. La société a limité sa recherche à un site en dehors de Charleston et à un site en dehors de […]
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