
Timber Industry Crisis Hits South Carolina Hard
News Summary South Carolina’s timber industry faces a severe crisis with major job losses and declines in revenues, particularly following International Paper’s closure of its
Explore the economic landscape of South Carolina with in-depth business news coverage. From the booming real estate market to the innovative manufacturing sector, we track the trends, deals, and economic policies shaping the state’s economy. Our coverage includes profiles of leading companies, analyses of business climates across various industries, and updates on educational initiatives that prepare the workforce for the future. Whether you’re a business professional or interested in the state’s economic health, our news provides valuable insights into South Carolina’s business world.

News Summary South Carolina’s timber industry faces a severe crisis with major job losses and declines in revenues, particularly following International Paper’s closure of its

News Summary Downtown Charleston is set to welcome its first Four Seasons hotel by 2028, featuring 139 guest rooms and 36 private residences. The luxury

News Summary Qatar Airways has secured a substantial agreement to purchase 160 to 200 Boeing jets, which is projected to support 154,000 jobs annually in

News Summary Qatar Airways has secured a significant agreement with Boeing to purchase up to 200 jets, potentially generating over 1 million jobs in the

News Summary A new study reveals that South Carolina’s private marine terminals contribute nearly $6.5 billion to the state’s economy, highlighting their critical role in

News Summary Huntington National Bank has announced plans to open approximately 55 new retail branches in North and South Carolina over the next three years.

News Summary Raleigh, North Carolina, has been recognized as the best-performing large city in the United States according to a Milken Institute report. This city

News Summary In response to the devastation caused by Hurricane Helene, North Carolina taxpayers are granted an extension for filing and payment of federal and

News Summary Walmart will remodel 33 stores across South Carolina, including Neighborhood Markets in Goose Creek and Summerville, starting in 2025. These updates aim to

News Summary South Carolina has announced a partnership with Verizon Business to boost the emergency response capabilities of the South Carolina Army National Guard (SCARNG).