More than 900 operations of international firms have found a second home in South Carolina, and this number continues to grow. Foreign-affiliated companies (majority-owned) employ more than 145,500 South Carolinians — 8% of the state’s private industry employment. The South Carolina Department of Commerce has a long and successful track record of helping international companies establish, relocate and expand business operations in the US and North American markets.
- SC IS JUST RIGHT FOR ADVANCED MANUFACTURING. From premium automobiles and appliances to boats and aircraft, each time a finished product rolls off an assembly line in this state, it helps solidify South Carolina’s reputation as a location that truly is just right for advanced manufacturing. We are proud to have a history in manufacturing. Once focused on textile mill and apparel jobs, the Palmetto State now boasts a diversified industry of manufacturers. We have become a true leader in advanced manufacturing and one of the world’s top producers of complex products.
South Carolina’s manufacturing industry is growing at a record pace that shows no signs of slowing, from manufacturing headquarters to expanding advanced manufacturing operations. In fact, over the last 10 years, the Palmetto State has averaged manufacturing employment growth of more than 19%, which ranks second in the Southeast. South Carolina continues to lead the nation in the export sales of tires and passenger vehicles.
- SC IS JUST RIGHT FOR ADVANCED MATERIALS. South Carolina was once known primarily as a textile state. While the textile industry is still strong, the manufacturing of advanced materials—including more advanced textiles—has shifted the state’s economy into high gear. From plastics and optics to photonics and composite materials, South Carolina now supplies the world’s manufacturers with the items needed to make some of the industry’s most complex products. Innovative polymer and advanced composites research facilities and an exceptional workforce allow the Palmetto State to support an increasingly significant cluster of advanced materials companies.
- SC IS JUST RIGHT FOR AEROSPACE. South Carolina is home to one of the nation’s most dynamic aerospace centers. With an annual economic impact of more than $24 billion, the aerospace sector has evolved into a major pillar of the state’s economy.
Since 2009, when Boeing selected North Charleston for its final assembly and delivery facility, the state’s aerospace industry has soared. The driving force behind the success of this sector is the state’s loyal, highly-skilled workforce. From premium automobiles to wide-bodied commercial aircraft, the people of South Carolina have proven that they excel in manufacturing advanced, extremely complex products.
- SC IS JUST RIGHT FOR AUTOMOTIVE. With an annual economic impact of more than $27 billion, the automotive sector is now an integral part of the state’s economy. As a result, a wide range of companies—automakers, automotive suppliers and component manufacturers—are all based in South Carolina.
It all started in 1994, when the first South Carolina-made BMW rolled off the assembly line at the company’s Upstate manufacturing facility. More than two decades later, South Carolina has become a leader in automotive manufacturing. Our technically skilled workforce has made the Palmetto State the US export automotive leader in completed passenger vehicles. Moreover, the state also ranks first in both the production and export of tires, accounting for nearly one-third of the US market share.
- SC IS JUST RIGHT FOR DIGITAL TECHNOLOGY / CYBER. From research and development, to workforce education and training, to new company incubation, to targeted capital investments, South Carolina is forging a leadership role within the digital and cyber technology domains. SC Cyber is a statewide initiative, based at the University of South Carolina and with partners across all levels of academia, industry, and government, with a mission to develop the talent, techniques and tools to defend critical, connected infrastructure within South Carolina and the United States. In support of this mission, SC Cyber will create and offer programs for training and workforce development, education, advanced technology development and commercialization, and critical infrastructure protection.
The Charleston Digital Corridor (CDC) is a community-sourced initiative to attract, nurture and promote the region’s tech economy through an array of impactful programs, products and events while leveraging Charleston’s renowned livability. The CDC is focused on creating the business, education and social environment that is attractive to tech and tech-related companies. Then, the CDC leverages its carefully nurtured relationships, program elements, legislative access and contacts to assist companies with integrating them into community. This integration is accomplished through four pillars: COMMUNITY, TALENT, SPACES and CAPITAL.
- SC IS JUST RIGHT FOR INTERNATIONAL BUSINESS. Known for our hospitality, it is not surprising that we have helped companies large and small acclimate to South Carolina. The South Carolina Department of Commerce has a long and successful track record of helping international companies establish, relocate and expand business operations in the US and North American markets.
Our state has had a presence in Europe and Asia for decades providing advisory and support services, including:
- Identification of suitable communities, sites and buildings
- Detailed information on industry sectors and operating costs
- Introduction to the state’s pro-business environment
- Access to technical and workforce training programs
- Government assistance, language interpretation and customary procedures
- On-the-ground points of contact
- Trade assistance
- SC IS JUST RIGHT FOR LIFE SCIENCES. Recent investments and expansions by leading biotechnology and pharmaceutical companies have brought recognition to South Carolina as a top destination for the life sciences industry. With a talented and innovative workforce, top research institutions and world-class hospital systems, the Palmetto State boasts an expanding biotech infrastructure generating an economic impact of $11.4 billion.
With such exceptional assets, a dynamic group of bulk manufacturers, chemical processors, generic and proprietary pharmaceutical developers, hygiene product producers and packagers and related research and development companies have all decided to make their home in South Carolina. As a result, the Palmetto State has cultivated a truly cutting-edge life sciences industry sector.