2017-08-11 / Business

City Snippets

Senators want to block another rate hike

A bipartisan group of S.C. senators are calling for a special session of the General Assembly to consider a resolution to block further electric rate increases for SCE&G and Santee Cooper customers until the Legislature has a chance to act during the 2018 session.

SCANA has $121 profit for Q2

In the wake of halting construction on the V.C. Summer Nuclear Station, SCANA Corp., parent of South Carolina Electric & Gas, announced a second quarter profit of $121 million, up 15.2 percent over $105 million for a similar period in 2017.

Coalition formed to help workers

Gov. Henry McMaster has created Employ SC, a “rapid response” coalition of public and private organizations to help workers who lost their jobs when work was halted at the V. C. Summer Nuclear Station. The coalition will host a job fair August 14, from 9 a.m. to 5 p.m., at the Center for Advanced Technical Studies in Chapin.

Life sciences impact: $11.4 billion

South Carolina’s life sciences industry has an annual economic impact of approximately $11.4 billion, according to a study by the USC Darla Moore School of Business. The study finds the industry’s average annual employment has grown at a rate of 1.7 percent since 2005.

Court: Property must go back to Episcopal Church

The S.C. Supreme Court ruled that 29 Lowcountry parishes that left The Episcopal Church in 2012 must return their property. Seven parishes are allowed to keep their property because they never acceded to a church canon that created a trust around parish property.

Amphitheater reopens

The West Columbia Amphitheater and parking lot near the south end of the Riverwalk has reopened after being temporarily closed for resurfacing of the Amphitheater’s seating and stage areas

World Affairs Council to honor Riley

Former Charleston Mayor Joe Riley is the recipient of the 2017 Global Vision Award presented by the Columbia World Affairs Council. He will be honored at a black-tie gala at the Columbia Marriott on November 8.

Outfitters suing Carolina Water Service

Outfitters who work on the lower Saluda River are seeking damages from Carolina Water Service for discharging sewage into the scenic waterway. The lawsuit says sewage discharges have kept them from running guided tours, renting equipment, and spending time on the river.

Credit union building Lugoff office

Mid Carolina Credit Union is building a new two-story 12,000-square-foot main office next to Heritage Chevrolet at 841 U.S.1 South in Lugoff. The facility is expected to be completed in next summer.

Metal parts firm locating in Ridgeway

China-based North American Shanghai Yingxin Metal Parts is moving into a 45,000 square foot building at 30 Commerce Park Boulevard near the interchange of I-77 and Peach Road at Ridgeway.

Shop Road truck terminal planned

TMC Transportation has paid $2.3 million to acquire the former Thermo King location on Shop Road to serve as a 44-acre trucking terminal. The location includes 17,000-square-foot building.

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