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Charleston Business

#CharlestonAgenda: Carolina Panthers' Economic Impact, Citadel MBA Program Honored, Georgetown's Blue-Collar Commuters, SC Boeing Safety Concerns, Bee Spit Glue

Mar 29, 2019 09:23AM ● By Chris Haire
With South Carolina leaders wanting to offer the Carolina Panthers financial incentives to move their HQ to Rock Hill, it's a good time to ask: "What's the economic impact of the team?"

According to a University of South Carolina study, the Panthers had an annual impact of $636 million, with $512 million going to its home base in Mecklenburg County—and those were just the figures from 2012, a few years before Cam Newton took the team to the Super Bowl and finished the season with a 15-1 record.

Closer to home—and more recently—the Panthers’ summer training camp at Wofford had a reported economic impact of $13.24 million. That said, conventional wisdom suggests that if the team moves its HQ and facilities to South Carolina—again, Rock Hill with its short 20-minute drive from the Queen City seems to be a lock—they’ll likely be saying goodbye to the home of the Terriers and Spartanburg will be saying goodbye to good money.



Timber And Metalwork May Be Key Industries In Georgetown, But The Count Also Supplies Other Areas With Workers: “We have a huge outmigration of residents going to work in other counties—everything from white collar professional services all the way to medium- and low-skill labor. But what we have that a lot of other counties don’t have is a large outmigration of blue collar, skilled labor,” says Brian Tucker, director of economic development for Georgetown County, who adds that the county’s unemployment rate is currently at a historic low of 4 percent. (Charleston Business Magazine)


3 major developments including modern office building approved for downtown Charleston (Post and Courier)SC Boeing workers had safety concerns over production schedule, Senate hearing reveals (Post and Courier)

Under pressure to revamp the 737 MAX,  Boeing entered the jet into service before the first flight simulators were ready (WSJ)

The FCC Has Fined Robocallers $208 Million. It’s Collected $6,790. (WSJ)

Steel Producer Nucor to Build $1.3B Mill in Rural Kentucky (Manufacturing.Net)

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50 Most Influential
Michael P. Gianoni
Blackbaud, Inc.
President & CEO

Michael P. “Mike” Gianoni has served as president and chief executive officer at Blackbaud, the world’s leading cloud software company powering social good, since January 2014. 

An experienced IT services executive, Gianoni’s interest in technology was sparked in high school when he took his first engineering class. Today, with degrees in both engineering and business—as well as an MBA and honorary doctorate from the University of New Haven—Mike has a successful track record of strong operational management of IT businesses that deliver value for customers, shareholders, and employees.
Gianoni joined Blackbaud from Fiserv Inc., a global provider of financial services technology solutions, where he was executive vice president and group president of the Financial Institutions Group. Previously, he was president of Fiserv’s Investment Services division, executive vice president and general manager of CheckFree Investment Services, and the leader of numerous divisions at DST, where he focused on developing new platforms and ensuring stronger operational controls. He currently serves on the board of directors for University of New Haven and Teradata.
A first-generation American with a passion for veterans’ initiatives, animal welfare (especially dogs), and exploring the U.S. coastline either by sailboat or motorcycle, Gianoni is an advocate for corporate cultures that encourage employees to thrive professionally and personally while accomplishing strong top-line growth.