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 […]
Background: In 2017, Samsung began a search process for an existing 500,000 square foot building to produce washing machines for the North American Market. In addition to the building, the company would invest $350 million and employ nearly 1000 South Carolinians over two phases of growth. Challenge: South Carolina only had one building in the […]
Background: In 2014, Volvo and their parent company, Geely, conducted a search to identify the home for their first domestic production facility. The project would cost $500 million in new capital investment and employ approximately 1,000 people at the facility. The company narrowed their search to a site outside of Charleston and a site outside […]
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