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Saturday, 10 May 2008 |
LYMAN -- OmniSource Corp., a subsidiary of Indiana-based Steel Dynamics Inc., has purchased Recycle South LLC of Lyman for $500 million. The deal includes more than 3.9 million shares of Steel Dynamics common stock, with a value of about $138 million; $232 million in cash; and the assumption of about $135 million in debt.
Read more at The (Spartanburg) Herald-Journal...
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Tuesday, 06 May 2008 |
TRAVELERS REST -- Precision Corp., a global manufacturer of aerosol valves and accessories, announced it will add 190 jobs and a $50 million investment to its Travelers Rest facilities. The company's expansion includes more than 40,000 square feet of new production space at its facility on Krieger Drive in Travelers Rest. It also includes the modification and reconfiguration of the company's site near Furman University.
Read more at The Greenville News...
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Friday, 02 May 2008 |
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GREENVILLE -- BMW Group reported April sales in the United States increased 9.6 percent from a year ago, but the German automaker is still down 4 percent in domestic sales for the first four months of the year. The three models made at BMW Manufacturing Co.'s Greer plant all had good months in dealer showrooms. The X6 sports activity vehicle sold 655 vehicles the first week it was on sale.
Read more at The Greenville News...
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Friday, 25 April 2008 |
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GREENVILLE -- Fluor Corp. isn't the only engineering and construction company that is enjoying record profits amid a boom in heavy construction. Jacobs Engineering Group Inc. is seeing record profits, too, and that bodes well for its Greenville office, a company executive said.
Read more at The Greenville News...
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Tuesday, 22 April 2008 |
COLUMBIA -- Will South Carolina no longer have any Fortune 500 companies soon? SCANA, the Columbia-based energy giant, ranked 500 on the 2008 list of publicly traded companies based on annual revenue. South Carolina has had at least one publicly traded company on the list for all but four years since the Fortune 500 first was published in 1955. SCANA fell from No. 447 in 2006 to No. 483 last year after revenue decreased 4.5%.
Read more at The (Columbia) State...
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