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ChiefExecutive.net

#7 South Carolina

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#11 in Taxation and Regulation

#19 in Workforce Quality

#6 in Living Environment

Right to Work? ✓

Regional Profile – Southeast

STATE	OVERALL REGIONAL RANK	TAXATION & REGULATION REGIONAL RANK	WORKFORCE QUALITY REGIONAL RANK	LIVING ENVIRONMENT REGIONAL RANK
Alabama	7	6	7	8
Florida	1	2	6	5
Georgia	5	4	2	3
Kentucky	8	7	8	7
Louisiana	10	9	9	9
Mississippi	11	10	10	11
North Carolina	2	5	3	1
South Carolina	4	3	5	2
Tennessee	3	1	1	4
Virginia	6	8	4	6
West Virginia	9	11	11	10

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Key Industries

Aerospace, Automotive, Biotech, Forestry, Food Processing, Logistics, Textiles, Chemicals

Key Companies

AVX Corp.

BMW

Denny’s

Fujifilm Manufacturing

Hitachi Electronic Devices

Liberty Tax Service

Muzak

SCANA Corp.

Sonoco Products

Advantages

Volvo chose a site in Berkeley County for its first North American factory in July, thrilling local officials and business leaders with plans to invest up to $500 million in a 100,000-vehicle a year production facility. The plant will employ up to 2,000 people when production ramps up in 2018.

Challenges

Job creation is shifting from manufacturing toward lower-paying leisure and hospitality and employment services, including temp companies. Real income growth in the Palmetto State consistently lags the national average.

Key Contacts

South Carolina Dept. of Commerce

Robert M. Hitt III, Secretary of Commerce
803-737-0400
1201 Main Street, Suite 1600
Columbia, SC 29201-3200
Info@sccommerce.com
http://sccommerce.com/

Current Developments

2015 Regional Report: The Southeast
October 8, 2015

Auto Manufacturing Redraws its Map
May 8, 2014

Governors Are Touting Wins of Large-Scale Manufacturing Facilities in Their States
March 31, 2015

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© 2019 | ChiefExecutive.net | Chief Executive Group

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