Blog Archives

Recap of Another Booming Year in CHS

The Post and Courier provided a year-end 2016 overview.  Some highlights:

  • Update on Mercedes-Benz $500M plant that will hire 1,300 to build the Sprinter vans in Palmetto Commerce Park on a plant that will cover 75 football fields, plus the new Volvo plant in Berkeley Count
  • Boeing opened its 787 DreamLiner paint hangar of 360,000 SF that can paint two jets at the same time
  • Travel + Leisure praised the city again – voting it the world’s best city while Conde Nast Traveler readers voted it the friendliest city in the world
  • Over 16,200 home sales thru November, plus about 5,500 apartment units under construction with rents rising 3.3% (to $1,113) and occupancy at a stellar 94.4%
  • New grocery retailers in the metro area include a new Fresh Market, a new Lowes Foods, both in Summerville, and Germany’s Lidl planning a site in Goose Creek
  • Blackbaud began construction on its new 360k SF headquarters in a new $154M campus for the software maker where it will hire an additional 300 over the next five years
  • AT&T and Home Telecom will provide gigabit speed Internet in some suburban areas

 

Progress On New Airport Entrance Road

Warren Wise of The Post and Courier reports on some significant progress on a land swap in an effort to re-locate International Boulevard and a new airport entrance road – and allow Boeing to expand its local operations.  The final step appears to be approval by the FAA.

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Aerospace Jobs/Growth Gaining Focus

To reflect the highest percentage job growth in aviation in the nation, the state’s first in-depth study is underway of the region’s aerospace and defense manufacturing workforce and will be unveiled in late August.  David Wren of The Post and Courier has the story here.

100th Boeing 787 Dreamliner Completed

Boeing reached a milestone with its 100th jet finished in N CHS in mid-December, according to an Associated Press article in The Post and Courier.

Alaska Airlines Starts Non-Stop Service to Seattle

The Great Northwest and The  Lowcountry are now connected with the first non-stop service between the Seattle on the West Coast and CHS with 3x a week service beginning in November.  John McDermott of The Post and Courier has the story here.

SC Aerospace Industry: $17.4 Billion Economic Impact and 53k Jobs, and Counting

California-based Impresa Aerospace announced the acquisition of a Goose Creek machining and manufacturing facility Dynamic Solutions and will add 72 jobs over the next five years.  That is just another example of another aerospace business making its first East Coast acquisition of a local Charleston company and creating more jobs in an already significant industry, aerospace, following Boeing to the Lowcountry.  The “new facility positions us to meet the growing needs of Boeing and other key customers in the region”, according to one of Impresa’s financial partners.  Impresa’s other customers include Northrup Grumman, Sikorsky, Lockheed Martin and Gulfstream.  David Wren of The Post and Courier has the story here.

Non-Stop Service Between CHS and Seattle Starts in November

Alaska Airlines will start non-stop service between CHS and Seattle-Tacoma International Airport in November, four days a week, all thanks to CHS’ #1 ranking as the top U.S. city to visit for now four years in a row, and Boeing workers and contractors needing linkage between the Pacific Northwest and the Lowcounty.  It is the third new carrier to announce service to CHS in 2015 alone – after Silver Airways offered service to some Florida cities and Porter Airlines opened up seasonal service between CHS and Toronto.  Warren Wise of The Post and Courier has the story.

Top Charleston Economic Stories for 2014

The staff of the Post and Courier brings the top business stories for 2014 in CHS, ranging from Boeing ramping up its production of the 787 Dreamliner to what sounds like a record year at the local ports, a healthy residential market, and CHS being named – for the FOURTH year in a row – the #1 destination in the U.S. by Conde Nast Traveler survey, and #2 in the world.

Another Boeing Order – This One for 80 737MAX’

Now at 2,400 planes on order, Boeing announced a leasing company’s order to purchase $8.5B for 80 737 MAX jets.  Boeing is building a plant in Palmetto Commerce Park in N CHS that makes engine components for the 737 MAX.  Warren Wise of The Post and Courier has the announcement.

Boeing Gets $8.8B Order from Singapore

A Singapore customer, BOC Aviation, has placed an order for $8.8B for 82 aircraft, mostly 737MAX 8’s.  Warren Wise of The Post and Courier has the story.