SC Fastest Growing
Last Updated: May 10, 2018 09:00AM •
Subscribe via RSS
South Carolina's Fastest Growing Companies competition is the annual ranking of the Palmetto State's 25 most dynamic and successful companies. This event is presented by The Capital Corporation and co-sponsored by Integrated Media Publishing (publisher of Greenville Business Magazine,Columbia Business Monthly and Charleston Business Magazine), BDO USA, LLP, PNC Bank and Nelson Mullins. The event recognizes an exceptional and diverse assembly of businesses from across the state among its Top 25 winners.
There’s no doubt that the aerospace industry in the Lowcountry, the state of South Carolina, and the entire Southeastern United States took a major step forward when Boeing opened for business in North Charleston in 2011. But there’s more to the aerospace sector along the Carolina coast than the huge company.
During the past two election cycles, Mount Pleasant voters ushered in a new mayor and Council, in part a reaction to the town’s population explosion and the traffic congestion and crowded schools that came along with it.
The seven-county region that comprises the jurisdiction of the Southern Carolina Regional Development Alliance (SCRDA) economic development agency may not get as much publicity as some of its counterparts around the state, but it has attracted an impressive array of investments in recent years.
Dorchester County is scouring the nation and the world in an effort to attract businesses and industries that will spawn jobs and prosperity for its more than 150,000 residents. Fast-growing Summerville, which sits on both sides of the border between Dorchester and its more populous neighbor, Berkeley County, takes a more passive approach to recruiting new commercial enterprises.
Charleston’s economic outlook for 2018 remains strong, with the area’s Big Three industries—service, tourism, and manufacturing—once again driving growth.
Berkeley County is in the throes of a healthy growth spurt that’s been ramping up in recent years. Last year, County Supervisor Bill Peagler proclaimed, “Berkeley County is open for business, and Berkeley County means business!”
Think about automotive manufacturing sort of like an NFL team. You’ve got the high-marquee players, the star quarterbacks and wide receivers with the big-time brand names.
business for solar energy companies continued to shine. Then, in January, a dark cloud drifted over the nation’s solar energy industry when President Trump imposed 30 percent tariffs on solar panels, most of which the U.S. imports from China.
When the U.S. Army Corps of Engineers awarded the first contracts last fall for the long-discussed deepening of Charleston harbor, it not only fulfilled the immediate ambitions of the South Carolina State Ports Authority; it also made a down payment on economic development that could well be paying the state dividends for decades to come.
From pharmaceuticals and medical devices to research and laboratory testing, the state’s life sciences field is growing. The Charleston area is home to several established companies and startups making a mark on the biomedical and health industries.