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Business

  • Workers cheer ‘mudbreaking’ at Movement Mortgage site

    Movement Mortgage held a raucus pep rally and a “mudbreaking” in the rain Wednesday, launching construction of a facility that will double its workforce in Indian Land.
    Nearly 800 cheering employees packed the lobby of the company’s not quite two-year-old headquarters in Bailes Ridge Corporate Park.

  • Campbell buys Snyder’s-Lance

    CHARLOTTE – Campbell Soup Co. announced Monday that it will expand its interest in the snack business by buying Snyder’s-Lance Inc. for $4.87 billion.    

    Campbell said on Monday it would pay Snyder’s shareholders $50 per share in cash.

    “This acquisition will dramatically transform Campbell, shifting our center of gravity and further diversifying our portfolio into the faster-growing snacking category,”  Campbell’s CEO Denise Morrison said in a statement.

  • County rec leaders busy at state level

    Two staff members at Lancaster County Parks and Recreation are taking their game to the state level.

    LCPR Programs Director Mike Barnes has been elected programs chairman for the S.C. Recreation & Parks Association (SCRPA) Board of Directors.

    LCPR Deputy Director Katherine Small was recently selected for SC LEADS, a series of advanced training SCRPA classes.

    Barnes said that recreation programs extend beyond typical league sports. 

  • Using insurance benefits before end of year

    From release

    During this time of year, it’s easy to get caught up in holiday planning and forget to take advantage of your insurance benefits.  Individuals should direct their attention to outstanding healthcare needs and take full advantage of paid-up deductibles or available funds in Flexible Spending Accounts.

  • Fab Fours adds 88 manufacturing jobs

    Fab Fours Inc., one of Lancaster County’s small-industry success stories, is doubling its workforce, saying big sales growth is driving the expansion.
    The company, which manufactures aftermarket bumpers for vehicles, announced plans Friday to add 88 employees and spend $5.7 million adding equipment to its plant off Riverside Road. It now has about 80 employees.
    With the new workers, Fab Fours’ employment will have increased more than tenfold since it moved to Lancaster County just seven years ago.

  • Small-business optimism soars

    From release

    COLUMBIA – Not since the roaring Reagan economy has small-business optimism been as high as it was in November, and S.C. business owners share that sentiment, the National Federation of Independent Business said Tuesday.

    “We haven’t seen this kind of optimism in 34 years, and we’ve seen it only once in the 44 years that NFIB has been conducting this research,” said NFIB President Juanita Duggan, releasing the group’s Index of Small Business Optimism. 

  • Clemson launches center for manufacturing research

    From release

    CLEMSON – Clemson University this month announced the creation of its Center for Advanced Manufacturing, the centerpiece of the university’s commitment to education, research, innovation and workforce development in an industry sector crucial to South Carolina’s future.

    From 2011-16, manufacturing job growth in South Carolina increased 16 percent, and manufacturing now accounts for 11 percent of the state’s total employment.

  • Giti plant impresses Sen. Scott

    Brian Garner

    Landmark News Service

    “Breathtaking” is not a word normally applied to tire manufacturing, but that’s what U.S. Sen. Tim Scott called the Giti Tire plant outside Richburg on Monday.

    Scott, a Republican from Charleston, got a firsthand look at the economic progress in Chester County as he toured the facility, which plans to employ 1,700 over the next few years, and spoke to some of the workers and officials there.

  • Antiques veteran opening store on Heath Springs’ Main Street

    Pat Dennis is no stranger to the antiques business.
    The West Virginia native has over 26 years of experience under her belt, managing multiple stores and acquiring collectibles.
    And now, she is setting up shop in a 1,500-square-foot store in downtown Heath Springs.
    Two Peas in a Pod, at 113 N. Main St., is holding a grand opening at 11 a.m. Thursday, sponsored by the Kershaw Chamber of Commerce.
    The business’s name refers to Pat and Will Dennis – the husband and wife who own the store.

  • Duke Energy puts up $3B to bolster S.C. power grid

    From release

    GREENVILLE – Duke Energy is investing $3 billion over the next decade in South Carolina to strengthen the energy grid against storm damage and cyberattacks.
    The program – Power/Forward Carolinas – will consist of upgrades that will harden the system against storms and outages, further protect it against computer hackers and physical threats, help expand renewable energy, generate jobs and stimulate economic growth. It will also give 740,000 customers in the Palmetto State more information to manage their energy use.