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...
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...
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...
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...