The Port of CHS has grown 52% in the past six years, double that of other ports in the nation, thanks to new leadership at the ports and SC’s manufacturing boom, significant capital investments, and a new intermodal container transfer facility and an inland port in the Upstate. And the Southeast will be a good place to be in the port business. David Wren has the story for The Post and Courier.
The bottom line is East Coast ports are growing at a faster rate than their West Coast counterparts, according to CBRE Group, Inc.’s inaugural North American Ports Logistics Annual Report. The top 15 ports, ranked in terms of infrastructure and the strength of the local industrial real estate market:
- Los Angeles
- Long Beach
- New York/New Jersey
- Ft. Lauderdale (Everglades)
While the largest ports are the usual suspects, note that eight of the 15 are on the East Coast and six are in the Southeast.
Daimler AG will build Mercedes-Benz Sprinter vans in N CHS, creating some 1,360 new jobs. They will join the 140 employees at Palmetto Commerce Park off I-26 and University Blvd.. The 200-acre Sprinter factory will have an assembly line, a paint shop and a new body shop and is the “key to our future growth in the very dynamic North American van market” according to the head of Mercedes-Benz Vans. Construction will begin in 2017 and the first vans will roll off the assembly line by the end of the decade. Today, the vans are sold in North America but made in Germany, partially disassembled and then shipped to N CHS for reassembly, all to avoid import tariffs. Reportedly, CHS and SC competed against two other states to get the plant, and the state’s willingness to train workers was the key – plus some economic incentives. Warren Wise, David Wren and John McDermott have the story for the Post and Courier.
Wyman-Gordon, a subsidiary of Fortune 500 company Precision Castparts Corp., will build a new factory on a 60-acre site on I-95 near Florence, SC, to be close to their customer base (that might be Boeing!) and SC’s growing aerospace industry. The plant is expected to open in 2015 and will eventually employ some 400 persons. Warren Wise of The Post and Courier has the announcement.
Nexans, a French manufacturer of high-voltage cable lines, opened its new $85M, 350k SF facility in Bushy Park Industrial Complex, where it will create up to 200 jobs. A Nexans EVP, Steve Hall, says the location is “a pro-business environments, a highly-skilled local labor force with exceptional technical schools and training programs…”
Warren Wise has the story and another announcement, for the opening of the expansion of a facility in Ridgeville for Japanese-based Showa Denko Carbon that will add another 100 jobs, nearly doubling its current employment.
TorqTek Design and Manufacturing LLC, an automotive and motorcycle auto parts company with a location on Leeds Avenue in N CHS has filed a request for tax incentives with the state as part of a $12M expansion that will create 50 jobs over the next five years. John McDermott has the story for The Post and Courier.
A later article from Warren Wise of The Post and Courier with an update on the expansion of TorqTek…
Jobs, jobs, jobs. Summerville-based Sportsman Boats Manufacturing announced it will more than double its facility size and hire another 150 people. This is on top of the May announcement of Scout Boats that would add more than double its workforce, adding 300 jobs. Warren Wise of The Post and Courier has the story.