BMW invests $500,000 in solar power
BMW Manufacturing installed enough solar panels at its Spartanburg County facility to power the 24,000-square-foot Zentrum Museum, the plant’s heritage museum and visitors’ center. The 400 solar modules can produce 240 watts of energy each. Read More...
Highland Baking to hire 196 in Spartanburg County
Highland Baking Co., a wholesale bread baking company based in Illinois, will locate a new production facility in Spartanburg County. The $9.48 million investment is expected to generate 196 jobs over the next five years. Read More...
Seaton elected chairman of Fluor’s board
David T. Seaton will now hold both chairman and CEO positions at Flour Corp. Alan L. Boeckmann is retiring from the company’s board, having served the last year as the non-executive board chairman and the previous nine years as Fluor’s chairman and CEO. Read More...
Kemet acquires Nevada manufacturer
Simpsonville-based Kemet Corp. said Thursday it will acquire Niotan Inc. of Nevada for $85 million. Niotan manufactures tantalum powders and is a Kemet supplier. Read More...
Panelists: Israel’s innovation success serves as model for S.C.
South Carolina could learn from Israel’s funding model that supports innovation and entrepreneurship through government-backed incubators and venture capital, according to panelists at GSA Business’ Power Breakfast Thursday. Read More...
Spec building inventory nearly exhausted
From the Jan. 16 print edition: The recession has changed the speculative building game significantly throughout S.C. Upstate counties have benefited in the past from private developers’ investment in spec buildings. Now, lenders are unwilling to finance them after taking big hits on spec construction during the recession. Read More...
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Verizon donates $14K to Upstate hospice
Verizon Wireless recently donated $14,000 to Hospice of the Upstate. The funds were raised from Verizon’s fifth annual Carolinas/Tennessee Agent Invitational golf tournament. The tournament has raised $35,000 for the hospice over the past five years. Read More...
Duke Endowment funds genetic research
The Greenwood Genetic Center, which comprises the Department of Medical Genetics at Self Regional, has been awarded a two-year, $600,000 grant from The Duke Endowment to fund an expansion of Next-Generation Gene Sequencing technology. Read More...
