South Carolina achieves second-highest industry recruitment in 2023

Screenshot 2024 01 04 At 34150pm

SC Department of Commerce

Photo: South carolina Department of Commerce

 

COLUMBIA, S.C. (WOLO)– The South Carolina Department of Commerce (S.C. Commerce) has released its 2023 industry recruitment results.

The results show that from January to December 2023 South Carolina’s total capital investment of $9.22 billion is the second largest amount in state history.

The total represents 81 projects and 14,120 announced jobs, said the governor’s office.

“Once again, South Carolina has proven that it is among the best places in the world to do business,” said Gov. Henry McMaster.

The announced capital investment of $9.22 billion includes major investments in the state’s two leading industry sectors by total investment, Automotive, Electric Vehicles (EV) and EV Batteries with $4.3 billion investment, and Alternative Energy and Fuels with $1.56 billion investment.

The top major investments are in the states two leading industry sectors Automotive, Electric Vehicles, & EV batteries with a $4.3 billion investment and Alternative Energy & Fuels with a $1.56 billion investment.

Last year, Scout Motors, Albemarle Corporation, and QTS Data Centers were the three announced with investments of $1 billion or more which is the highest in the state history.

The previous record of two projects with an investment of $1 billion or more in a single year was set in 2014 and tied again in 2022.

“After a record-breaking 2022, South Carolina has remained committed to ensuring its long-term economic competitiveness and growing reputation as an established destination for transformational industry,” said Secretary of Commerce Harry M. Lightsey III.

To access the complete recruitment report, click here and or more details on the state’s announced economic activity, visit S.C. Commerce’s newsroom.

 

 

 

 

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