SCE&G: Nuclear project running below projected cost

This aerial view of the new nuclear construction at the S.C.E.&G. nuclear station at Jenkinsville shows progress on two new reactors. (Photo provided by S.C. Electric & Gas Co.)Utility executives have said the lower costs are largely the result of paying less to borrow money for the project, which involves the construction of two 1,117-megawatt reactor units at the V.C. Summer Nuclear Station in Fairfield County. Read More...

Cumming promotes managing director

HoltThe international project management and cost consulting firm promoted Jeremy Holt to serve as managing director, cost management for the firm’s Columbia, Charleston and Fort Mill offices. Holt will be responsible for overseeing all cost management assignments within South Carolina and will lead service line growth initiatives throughout the entire Southeast region. Read More...

First Citizens’ Lindler named S.C. top young banker

LindlerKevin Lindler, who joined First Citizens in 2006, has been honored by the S.C. Bankers Association as the outstanding banker under 40. He oversees retail sales and services provided to customers at 23 bank branches in the metropolitan Columbia area. Read More...

Tight supply, credit hamper housing market statewide

Although low interest rates have made owning a house more affordable, low inventories and stricter lending requirements are creating hurdles for the industry, according to the S.C. Association of Realtors. Read More...

State unemployment rate ticks upward to 5.7% in July

The official unemployment rate for the state had remained stable at 5.3% in April, May and June, the lowest level since June 2001. But the number of unemployed persons grew by 9,124 to 124,670 in July, while working South Carolinians dropped by 6,442 people to 2,043,602. From June to July, the labor force increased 2,682 to 2,168,272. Read More...


Tire recycler to open Anderson facility

Viva Recycling of South Carolina plans to hire 14 people over the next five years and invest $6.9 million to set up a tire recycling and rubber manufacturing plant in Anderson County, the S.C. Department of Commerce announced today. Read More...

City of Columbia, chamber seek to boost existing businesses

Launching the next phase of its Business in Motion program, city officials said they’ll survey local businesses to gauge what the city government can do to improve the business environment and encourage local owners and managers to expand in Columbia. Read More...