USC helps researchers turn ideas into dollars

Jochen Lauterbach (right) works with a graduate student in researching a method that turns JP8 jet fuel into propane. (Photo provided)

The Office of Economic Engagement at the University of South Carolina aims to encourage economic growth in South Carolina by increasing the commercialization of research at the university.  Read More...

The Fitts Company to invest $4.2M in Calhoun County facility

Founded in 1998, The Fitts Co. plans to build a 70,000-square-foot office and manufacturing facility in the I-26 Industrial Park. The new facility will double the size of the company’s current operation. Read More...

S.C. jobless rate falls in December as more people find work

The unemployment rate in December dropped to 6.5%, down from November’s rate of 6.7%. Meanwhile, the number of South Carolinians holding down a job rose by 7,243 people to a record of 2,058,657. Read More...

South State net income up 55.4% in 2014

The Columbia-based bank company also reported that non-acquired loan growth in 2014 reached $602.6 million, up 21% over 2013. The company recorded a 33% increase in consumer real estate deals and 8.9% increase in commercial owner-occupied loans. Read More...

Knapp named to SBA regulatory fairness board

Frank Knapp, president of The Knapp Agency, will serve as a local resource for small businesses and will work with small-business trade groups to address concerns about federal regulatory enforcement and compliance issues. Read More...


Manufacturing executive describes need for worker training center

Greenville County officials join Gov. Nikki Haley and Greenville Technical College President Keith Miller in shoveling dirt at the groundbreaking on the Center for ManufacSpeaking at the groundbreaking for the Center for Manufacturing Innovation, a Bosch Rexroth executive said the $25 million worker training center addresses a major problem. Mike McCormick said it’s a “lack of high-skilled technicians for manufacturing.” Read More...

Colliers International announces 3 new VPs

Brokerage associates Henry Moore and Henry Roe of the Columbia office, and Bob Shaw of Greenville, have “proven themselves through many years of hard work and community involvement and have also demonstrated a ‘team player’ approach,” said John W. Folsom, President and CEO of Colliers. Read More...