Local Business News

Roger Davis
July 28, 2017 - 6:13 pm
A new study by a leading industrial development and site selection firm rates the cost of operating a typical manufacturing plant in the Palmetto State the lowest in the continental U.S. The just-released study by the Princeton, New Jersey-based Boyd Company keys in on essential factors like taxes...
Read More
Roger Davis
July 28, 2017 - 2:36 pm
Wells Fargo is paying $80 million to customers the bank signed up and charged for auto insurance that they did not want or need. The bank says that roughly 570,000 customers will be getting refunds. Like most auto loan companies, Wells Fargo required borrowers to have comprehensive and collision...
Read More
Ed Jenson
July 25, 2017 - 4:48 pm
An innovative new app is launching locally that will allow businesses and consumers to connect in ways never before seen in the region. Locally Epic engages local consumers via a mobile platform that allows them to enhance their ability to find local offers and promotions from a wide range of...
Read More
Ed Jenson
July 24, 2017 - 2:36 pm
Rudolph Logistics Group, an international logistics service provider, is launching a new warehousing operation in Spartanburg County. The Germany-based company is projected to bring more than $18 million of capital investment and create at least 150 new jobs. Headquartered in Baunatal, Germany,...
Read More
Ed Jenson
July 19, 2017 - 2:30 pm
Kloeckner Metals, one of the largest producer-independent distributors of steel and metal products, is expanding its existing Greenville County operations. To accommodate its continued growth, the company is planning to invest $11.3 million and create 19 jobs. Headquartered in Roswell, Ga.,...
Read More
Roger Davis
June 23, 2017 - 1:47 pm
The Federal Communications Commission is proposing a $120 million fine -- the largest in its history -- for a phone-scam allegedly set up by Miami resident Adrian Abramovich to trick consumers into buying vacation packages that were not what they had expected. Callers who appeared to be dialing...
Read More
Roger Davis
June 21, 2017 - 1:59 pm
Travis Kalanick's combative personality created the culture that let Uber grow from startup to behemoth in just eight years. But under his direction the ride-hailing company had trouble growing up, leading to his downfall. Kalanick, 40, stepped down late Tuesday, saying in a statement that his...
Read More
Roger Davis
June 18, 2017 - 9:49 pm
May housing starts came in at 1,092,000, well below consensus estimates of 1.21 million and down 2.4% year over year. We have been optimistic about the market’s slow and steady recovery based upon consistent year-over-year improvement, so we will need to watch carefully if this is a one-time...
Read More
June 16, 2017 - 9:39 pm
The Greenville Area Development Corporation (GADC) issued the following press release Friday regarding the expansion of Softbox Systems. Greenville, S.C. - June 16, 2017 - Softbox Systems, an international temperature-control packaging provider, today announced it is expanding its Greenville County...
Read More
File Photo
June 16, 2017 - 10:38 am
Columbia, SC -- South Carolina's jobless rate fell again slightly last month, though fewer people are working. The Department of Employment and Workforce said Friday that South Carolina's unemployment rate was 4.1 percent in May, a 0.2-percentage-point drop from April. The state's jobless rate has...
Read More

Pages