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 […]
Bakgrund: Under 2017 påbörjade Samsung en sökprocess efter en befintlig byggnad på 500 000 kvadratmeter för att producera tvättmaskiner för den nordamerikanska marknaden. Utöver byggnaden skulle företaget investera $350 miljoner och anställa nästan 1000 sydkaroliner under två tillväxtfaser. Utmaning: South Carolina hade bara en byggnad i […]
Bakgrund: 2014 genomförde Volvo och deras moderbolag, Geely, en sökning för att identifiera hemmet för deras första inhemska produktionsanläggning. Projektet skulle kosta $500 miljoner i ny kapitalinvestering och sysselsätta cirka 1 000 personer vid anläggningen. Företaget begränsade sin sökning till en webbplats utanför Charleston och en webbplats utanför […]