SCBIZ Archives
First Bancorp to acquire Great Pee Dee Bancorp Print E-mail
Thursday, 12 July 2007
TROY, N.C. and CHERAW, S.C. – First Bancorp and Great Pee Dee Bancorp Inc. jointly announce the signing of a definitive merger agreement providing for the merger of Great Pee Dee into First Bancorp. The terms of the agreement call for shareholders of Great Pee Dee to receive 1.15 shares of First Bancorp stock for each share of Great Pee Dee stock they own.
 
Innovation can open global market to all companies Print E-mail
Thursday, 12 July 2007
GREENWOOD — When Dewey Yeargin, owner of Realastic Prosthetics, a division of Health Related Products Inc., realized he couldn’t grow his business significantly by exporting his products he decided to do the next best thing—sell his technology.
 
Governor moves to repeal retailer incentives Print E-mail
Thursday, 12 July 2007
CHARLESTON -- Big box retailers are welcome in South Carolina, but not on the dime of the smaller, family-owned businesses that would be their competition. That was Gov. Mark Sanford’s message Wednesday at two news conferences.
 
Sanford protests incentives for retailers Print E-mail
Wednesday, 11 July 2007

Gov. Mark Sanford visited Charleston this morning and will be in the Upstate this afternoon to protest an incentive package passed by the Legislature that he says forces small businesses in the state to subsidize larger corporate competitors.

 
Ohio manufacturer purchases Rock Hill facility Print E-mail
Wednesday, 11 July 2007
ROCK HILL — An Ohio-based engineering, manufacturing and design firm announced earlier this week its acquisition of Air Filters & Equipment, a Rock Hill company that provides air filtration manufacturing, engineering and services. 
Pak/Teem, which is located in Sharonville, Ohio, near Cincinnati, announced the acquisition will add more than $2 million to its revenues. Terms of the deal weren't released.
 
Green Power Solar School selected Print E-mail
Tuesday, 10 July 2007

FLORENCE -- Pee Dee Electric Cooperative and Santee Cooper have formed the Green Power Solar Schools program in the cooperative territory. Savannah Grove Elementary School has been selected as the Green Power Solar Schools program participant. Green Power is electricity generated by renewable resources like solar and methane gas from decomposing garbage.

 
Minimum wage increase coming this month Print E-mail
Tuesday, 10 July 2007
Businesses around South Carolina aren’t fretting too badly about the upcoming federally mandated minimum wage increase that will raise the minimum wage more than $2 over the next two years.
 
Budget cutbacks causing Social Security claims backlog Print E-mail
Tuesday, 10 July 2007
In 2005, Summerville resident Don Longest became too sick to work. The traveling sales representative for an Atlanta-based company developed cancer due to his exposure to Agent Orange during his service in Vietnam.
 
S.C. State Parks acquire piece of Blue Ridge Print E-mail
Monday, 09 July 2007
COLUMBIA -- Seventeen acres of woodlands high atop the Blue Ridge have been purchased by the S.C. Department of Parks, Recreation & Tourism.
 
Roper resumes CEO search for new hospital Print E-mail
Friday, 06 July 2007
CHARLESTON -- Roper St. Francis Healthcare officials announced Tuesday they are resuming their search for a chief executive officer for their new Mount Pleasant hospital.
 
Utility’s plan for growth sparks public opposition Print E-mail
Friday, 06 July 2007
A proposal by Santee Cooper to build a new 600-megawatt power plant in Florence County has raised the ire of environmentalists and the slow-growth community, who argue that the coal-burning facility will destroy the largely undeveloped community.
 
McNair Law Firm attorneys honored Print E-mail
Thursday, 05 July 2007
McNair Law Firm has been recognized by Chambers USA for its practice areas of corporate/mergers and acquisitions, real estate and general commercial litigation. Five McNair shareholders were commended for their work.
 
Export training available to ag companies Print E-mail
Thursday, 05 July 2007

Export training sessions for small, agricultural companies in South Carolina and Georgia begins July 24. Those interested must apply by July 18.

 
Rosenfeld Einstein hires two Print E-mail
Thursday, 05 July 2007
Upstate-based Rosenfeld Einstein has added two employees to the employee benefits division of the regional brokerage and consulting firm. 
 
Jones & Frank hires Adams Print E-mail
Thursday, 05 July 2007
Jones & Frank Corp. has hired Ryan Adams as South Carolina retail sales representative. Adams comes to Jones & Frank most recently from Modern Welding, and has more than 17 years experience in the PEI industry. 
 
Auction set for Parish’s collection Print E-mail
Thursday, 05 July 2007
CHARLESTON -- The auction of assets accumulated by former economist Al Parish during what authorities believe was a years-long buying binge with investors’ money will be July 13-14 in North Charleston.
 
Savannah River Site MOX facility cleans up Print E-mail
Thursday, 05 July 2007
Site preparation and cleanup on the Department of Energy’s Mixed Oxide Fuel fabrication facility at the Savannah River Site, also known as the MOX facility, has been completed on time and under budget.
 
Citigroup buys Mount Pleasant’s ATD Print E-mail
Tuesday, 03 July 2007
MOUNT PLEASANT -- It’s a done deal. Early Monday morning, Citigroup Inc., the nation’s largest bank, announced it will buy Automated Trading Desk of Mount Pleasant for $680 million, including $102.6 million in cash and 11.17 million shares in Citigroup stock.
 
S.C. Legislature approves $1.4 million for CDCs Print E-mail
Tuesday, 03 July 2007
The 2007-2008 state budget has made a record $1.4 million available to certified community development corporations (CDCs) in South Carolina.
 
Surgical robot reduces hospital stays, recovery time Print E-mail
Tuesday, 03 July 2007
da_vinci_robot.jpgCHARLESTON -- When Charleston resident Mark Wilson weighed his options for where to receive surgery for his prostate cancer, he knew traveling six hours would make an already stressful situation all the more daunting.
 
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