2008-09-05 / Business


by John Temple Ligon

Pantygate Sugar & Spice, a fantasy gift and lingerie shop at 1000 West Meeting Street, West Columbia, S.C., received a check on April 20, 2004, for $100 from Mayor Coble's Leadership PAC, Citizens for a Balanced Community. The PAC's executive director, Joe Werner, signed the S.C. State Ethics Commission campaign disclosure form, recording the check to Sugar & Spice for $100. The form also recorded expenditures for Barry Walker for Irmo Town Council ($250), the New Ebenezer Baptist Church ($20), Darryl Jackson for Senate ($250), Patterson Campaign Fund ($250), Michael Letts ($250), Joseph Werner ($109.85), BellSouth ($285.63), and Bernice Scott for Council ($250), all for a total expenditure amount of $1,765.48 for the July 10, 2004, quarterly update. Werner later became executive director of the S.C. Democratic Party, and he recently left S.C. for Pennsylvania. Werner was unavailable for comment. The long question lingers: The $100 bought what, exactly, from Sugar & Spice for whom, male or female, and what size was it and what was the occasion and who was present when it was first worn or applied? When asked the same question, Sue, the proprietor at Sugar & Spice, said she had no earthly idea. She also said she was proud of her new stock of handmade jewelry.

An older S.C. The U.S. Census Bureau recently reported S.C.'s work force is older than reported 10 years ago. In 1998, about 10% of the work force was 55 or older, which is now about 15% of the work force. Almost 20% of the employed people older than 55 worked in manufacturing. The highest proportions of older workers were found in educational services, agriculture, and real estate - each field with a little more than 20%.

Two new nuclear plants Scana Corp., parent of SCE&G, has reported its V.C. Summer Plant's nuclear construction and engineering contract for two new nuclear units cost $6.4 billion. Scana will pay $3.5 billion, and Santee Cooper will pay $2.9 billion, as stated in a filing with the Securities and Exchange Commission. The S.C. Public Service Commission has until Feb. 28 to issue a ruling on the SCE&G- Santee Cooper application. The S.C. Energy Users Committee and CMC Steel South Carolina asked the commission to move the hearing date from late October to Jan. 12 in order to take more time to study the SCE&G- Santee Cooper application.

Grant C. Tycho Howle, chairman and CEO of nuBridges LLC, a data software company headquartered in Atlanta, has given $2.5 million to Clemson University to help the school fund two endowed chairs in computing research.

Crow For about $6 million, Texas- based Trammell Crow Co. recently bought 97 acres in the Jedburg area near Summerville. Crow plans to develop the 97 acres into Omni Commerce Park, a logistics center with its proximity to the Port of Charleston and Interstates 95 and 26. Crow reported June 30 that it had almost $10 billion in projects at various stages of development. Crow owns or has developed more than 500 million square feet of buildings.

One that got away from Innovista The N.C. Research Campus in Kannapolis expects the Lovelace Respiratory Research Institute's Center for Pharmacoeconomics and Outcomes Research to open in October. The center's scientists conduct research with government organizations such as the Food and Drug Administration and the National Institutes of Health as well as the private sector.

Columbia residential real estate According to Columbia's Lee Monk at Russell & Jeffcoat, in May 2007, 1170 units sold in Columbia for a median price of $145,950. In May 2008, 886 units sold for a median price of $146,950, taking maybe a week longer to sell, from 89 average days on the market in May 2007 to 95 in May 2008.

Walker Payne , a film shot in York County for about three months in the summer of 2005, appears headed for Blockbuster Video, by- passing theaters and going straight to a DVD release. Walker Payne starred Jason Patric and Sam Shepard and many local extras from Rock Hill, S.C.

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