Industry News
First Financial to sell $65M in stock under CPP
Tuesday, 02 December 2008
CHARLESTON -- Charleston-based First Financial Holdings Inc. has received preliminary approval to sell $65 million in preferred stock to the U.S. Treasury Department through its Capital Purchase Program. 
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Holiday shopping better than expected
Tuesday, 02 December 2008
CHARLESTON -- Holiday shoppers beat some gloomy retail forecasts for the weekend, turning out in larger-than-expected numbers and spending more than last year at Black Friday and weekend sales.
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Baus to chair national task force
Monday, 01 December 2008
GREENVILLE -- Dr. Fred Baus, president and chief executive of the University Center of Greenville, has been named chairman of the higher education centers task force for the National Association for Consortium Leadership.
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Lockheed Martin adds $11.8M contract
Wednesday, 26 November 2008
GREENVILLE -- Defense contractors continue to boost work orders, bringing millions of dollars into the state. Lockheed Martin just received more than $33 million in U.S. Navy work orders for its Greenville facility.
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AFL Telecommunications to expand in Duncan
Wednesday, 26 November 2008
DUNCAN -- AFL Telecommunications LLC will expand its operations in Spartanburg County, adding $12 million in investment and generating 15 new jobs. AFL designs, produces and installs fiber optic products and equipment.
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Darlington steel mill to undergo $45M expansion
Wednesday, 26 November 2008
DARLINGTON -- Nucor Corp. announced plans to invest $45 million during the next five years at its Nucor Steel South Carolina steel mill in Darlington. The project will include improvements to the existing steel mill facility, such as upgraded equipment in the rolling mills and improvements to the scrap conveyor, alloy handling systems, ductwork, railroad tracks and cranes. 
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