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Wednesday, 14 November 2007 |
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Charleston’s Channel 5 has been sold to Raycom Media as part of a $583 million deal with Lincoln Financial Group. The sale includes two other southeastern television stations and a sports syndication business, which Lincoln Financial acquired in a merger with Jefferson Pilot in 2006.
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Friday, 02 November 2007 |
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Television conglomerate Raycom Media Inc. of Montgomery, Ala., owner of some 50 TV stations in markets serving more than 20 states, could be poised to purchase the TV assets of Lincoln Financial Media, parent company of WCSC-TV Channel 5 in Charleston, according to published reports. Raycom Media could not be reached this week for comment. Channel 5 referred all questions to its corporate offices.
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Wednesday, 31 October 2007 |
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CHARLESTON -- Since the discount air carrier landed in Charleston, flights have increased dramatically at the international airport. AirTran Holdings Inc., the airline’s parent company serving Charleston and 54 other cities around the nation, posted record third-quarter earnings.
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Wednesday, 31 October 2007 |
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ORANGEBURG -- Jafza International’s view of Orangeburg, S.C., as its entry into North America is part of the vision that’s driving the company's development of 1,300 acres at the crossroads of Interstate 95 and U.S. Highway 301 into a massive logistics, distribution and manufacturing center. Construction on the site is expected to begin in 18 months.
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Tuesday, 30 October 2007 |
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NORTH CHARLESTON -- The economic development community is standing by the quality of training for workers at the Vought Aircraft Industries and Global Aeronautica plants received from the state’s technical college system. This pronouncement came after Boeing officials announced on Oct. 10 that problems throughout its supply chain would delay initial deliveries of the 787 Dreamliner by about six months.
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Tuesday, 30 October 2007 |
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DORCHESTER COUNTY -- A cutting-edge—and green—fertilizer technology company is locating its North American headquarters and manufacturing facility in Dorchester County in the hope of enhancing its position in the lucrative U.S. commercial nursery market, while also keeping its supply chain short.
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Tuesday, 30 October 2007 |
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ORANGEBURG -- The highlights of the preliminary master plan created by Jafza International for the 1,300 acres it owns in Orangeburg County are carried in a simple black notebook. Company representatives have converged on South Carolina this week to start hammering out several aspects of the project, including talking with engineering firms and consultants that will assist in taking the project to the next step.
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Friday, 26 October 2007 |
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COLUMBIA -- Richland County Sheriff’s Department in cooperation with the South Carolina Research Authority has deployed a ShotSpotter Gunshot Location System in the county surrounding Columbia to address and prevent crimes involving firearms.
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Friday, 26 October 2007 |
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LADSON -- The $376.6 million order from the U.S. Marine Corps is the second-largest in the Ladson company’s history. More than 400 of the mine-resistant vehicles will be produced by a division of General Dynamics Corp., though all work will be done in Ladson.
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Thursday, 25 October 2007 |
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CHARLESTON -- A certified public accountant asked by an anxious investor to review CaroLinks’ books deemed the company insolvent after a review of what he described as “incomplete documents” provided for his perusal.
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Wednesday, 24 October 2007 |
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Two of CaroLinks’ biggest initial investors are suing the company in the wake of revelations that the S.C. Attorney General’s office is investigating the firm and its founder, Lucy Duncan-Scheman, for securities fraud. G. Robert Kraus Jr. of Charlotte, N.C., and a relative, George Kraus, of Southampton, N.Y., are two of the 27 CaroLinks’ investors identified by only their initials in a recent order issued Oct. 12 against the company by the S.C. Attorney General’s securities division.
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Wednesday, 24 October 2007 |
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Facing a largely unresponsive public, Duke Energy Corp. is asking the state’s utility commission for permission to roll out an unprecedented conservation program in South Carolina that would require customers to opt out of the energy savings plan as opposed to current programs where customers must voluntarily sign up.
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Wednesday, 24 October 2007 |
 It’s tough enough remembering to charge your cell phone and iPod each night, but soon the most important thing to plug in before you head to bed might be your car. A push to educate consumers about the benefits and advantages of plug-in hybrid electric vehicles in North and South Carolina is kicking off in Charleston with this month's launch of the Plug-In Hybrid Coalition of the Carolinas.
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Tuesday, 23 October 2007 |
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CHARLESTON -- Jarrard, Nowell & Russell LLC, a Charleston-based accounting and business advisory firm, has hired Sherri Cocke as office manager.
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Friday, 19 October 2007 |
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The hydrogen fuel industry could be on the horizon of South Carolina’s future economic prosperity, but before hydrogen-powered cars begin buzzing down the state’s highways, the alternative fuel must first be embraced in more feasible and cost-effective applications. One such application being explored in South Carolina is fuel cell-powered forklifts, primarily those used in indoor facilities that operate around the clock.
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Wednesday, 17 October 2007 |
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CHARLESTON -- CaroLinks has settled a lawsuit filed by a North Carolina developer over a $500,000 loan given to the Charleston-based logistics company in support of its plans to establish an inland port with a direct rail connection to North Charleston. But the settlement was just one event in a month of financial developments for the company, which last month sold the land options it held on nearly 1,300 acres in Orangeburg to Dubai-based Jafza International.
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Friday, 12 October 2007 |
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Santee Cooper, the Belle W. Baruch Foundation and the Clemson University Restoration Institute will study whether coastal Georgetown County’s winds are strong enough to fuel commercially viable electricity. This will be the third wind research project involving Santee Cooper and Clemson University, which also have projects ongoing with Coastal Carolina University in Horry County and in North Charleston.
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Thursday, 11 October 2007 |
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NORTH CHARLESTON -- A parts snafu and other critical problems throughout its supply chain prompted Boeing on Wednesday afternoon to announce a six-month delay in the initial deliveries of the 787 Dreamliner. Deliveries of the Dreamliner, the first commercial aircraft made almost entirely of carbon-fiber based composite materials, are now slated to begin in late November or December 2008.
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Wednesday, 10 October 2007 |
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Former North Carolina Sen. John Edwards will bring his campaign back to South Carolina on Thursday for a series of stops in the state's so-called "Corridor of Shame."
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