Economic Development

On June 15, 2026, the Pee Dee Regional Council of Governments' board of directors held its final meeting for Fiscal Year 25-26. At the meeting, Executive Director Joette Dukes presented an end-of the year summary, highlighting the work of the Pee...

The Florence Chamber held its annual Board Appreciation Luncheon on Thursday, June 18th at Victors in Downtown Florence to acknowledge departing board members for their service. The chamber staff presented current chairperson Paige Ard, VP and...

Cheney Brothers, Inc., Florence County Economic Development Partnership and design-build firm A M King are hosting an official grand opening event for the food distributor’s first facility in South Carolina. A M King has completed design and...

South Carolina’s small business innovation community received a major piece of good news this spring: Congress has reauthorized the Small Business Innovation Research and Small Business Technology Transfer programs, ending a long period of...

Airbnb and five NASCAR and Speedway Motorsports racetracks announced a first-of-its-kind partnership that will make Airbnb the official lodging partner for those racetracks during the 2027 racing season. The announcement was made at the South...

The Opportunity Zones program is now permanent, signed into federal law in 2025, according to the South Carolina Department of Commerce. Commerce officials said that under the updated law, Opportunity Zones will be redesignated every 10 years,...

NSP Panels, an acoustic panel manufacturer, announced March 18, 2026, it is establishing operations in Marion County. The company’s $4.75 million investment will create 63 jobs, according to the South Carolina Department of...

 Cheney Brothers, a leading broadline food distributor, announced it is expanding its Florence County operations with an additional $42.5 million investment that will create 85 new jobs, according to the South Carolina Department of...

Chipp, Atapic, Sentec, and Tada AI received new grant funding from the South Carolina Research Authority. Crystal-XG, Cuffway, InfauxTech, Ohmiq, PostPixel, Renoverse AI, and Vet Media Group were...

Governor Henry McMaster, the South Carolina Department of Commerce and South Carolina Ports announced that the state’s 2025 export sales grew 1.5 percent, reaching $38.5 billion — the highest value in seven years — as reported...

Georg Utz, Inc., a plastic container manufacturer, announced it selects Sumter County to establish the company’s first South Carolina operation. The approximately $40 million investment will create 50 new jobs. Founded in 2003, Georg Utz, Inc. is...

Arthur J. Gallagher & Co. announced the acquisition of Hunt Benefits & Associates, Inc., and Tenaglia & Associates, Inc., collectively dba Hunt Financial Group. Terms of the transaction were not disclosed. Operating from...

Cyclic Materials, a leader in recycling solutions for rare earth elements, announced it selected Chesterfield County to establish the company’s first East Coast operation. The over $82 million investment will create 90 skilled jobs,...

Gov. Henry McMaster and the South Carolina Department of Commerce released its 2025 industry recruitment results, marking a milestone, officials said, for rural economic development. From January to December 2025, South Carolina...

PricewaterhouseCoopers report details comprehensive economic impact during construction, on-going operations

South Carolina Research Authority announces organizational changes that officials say enable it to provide more support to state's academic research, development, and innovation startups.

Project to support 1,000 new jobs and more than $1 billion in investments

Field Shield, Haruki, Horse Spot, Joules AI, LouLou AI, and X-ION Energy were accepted as South Carolina Research Authority member companies, with others receiving additional grant funding.

Micro distilleries offer creativity while dealing with legal restrictions

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