Another Boeing supplier, Safran Landing Systems, is investing $7M in the region and hiring about 15 new jobs as they supply wheels and brakes for the main landing gear. David Wren has the article here for The Post and Courier.
Boeing, BMW, Volvo, Mercedes, a successful inland port, new rail access, and some 1M containers a year are all creating the need for new warehouses and developers are listening and building. David Wren has the story here for The Post and Courier.
California-based Lowe Enterprises is reportedly paying more than $40M for the State Ports Authority’s HQs overlooking Charleston Harbor at 176 Concord Street that includes the site for Fleet Landing restaurant. Lowe Enterprises owns Wild Dunes Resort on the Isle of Palms. Reportedly, the site would allow a 225-room hotel under existing zoning; on a site with unobstructed views of the Harbor and the Ocean. David Wren has the article here.
Husqvarna, the Swedish small engine/tools manufacturer, will build a 513,000 SF distribution center in Orangeburg where its operations now approach 2 million SF. Its unclear what impact that will have on a 450,000 SF warehouse the company presently leases in Summerville that was once part of American LaFrance’s HQs. David Wren of The Post and Courier has the story here.
With linkage to the Port of CHS, large European company ThyssenKrupp will open a 39,000 SF distribution center in Palmetto Commerce Park in North Charleston. David Wren has the announcement here.
Rural Berkeley County will get 200 more jobs, thanks to a local tire recycler and a Chinese chemical company. David Wren has the story here.
Since 2009, refrigerated cargo at the Port of CHS has increased by nearly 40% to about 45,000 containers. David Wren has the story here that includes a 12-fold increase in refrigerated storage square footage in the area. And port-deepening efforts (from 45′ to 52′) bode well for CHS for more growth as cold storage weighs lots more (30 tons in a 40′-long container) and heavier ships need deeper ports.
A Chinese high-precision steel ball and bearings company for automotive and mechanical uses will build a $7.2M facility and add 65 jobs upon opening in early 2017. David Wren has the story here for The Post and Courier.
The State Ports Authority is planning a 6% rise in cargo containers in the next fiscal year – that’s triple the projected growth for the US ports as a whole and six-fold the volume it saw this past year locally, but one the Port of CHS is committed to with its ability to handle post-Panamax ships, the new inland port in Greer hitting its stride with 100,000 train lifts projected (a +23% increase), and the brand new inland port in Dillon. David Wren of The Post and Courier has the article here.
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.