The Southeastern United States’ fast-paced population growth to date, and its anticipated growth, along with the region’s manufacturing renaissance, has made it an ideal location for businesses seeking to cut operating costs and reach strategic markets. In the heart of the Southeast, South Carolina offers unparalleled value to companies seeking the ideal business location. The Palmetto State’s business climate ranks among the best in the United States with a progressive and competitive environment, offering low corporate tax rates and low utility rates combined with highly competitive wages and low rates of unionization. The proceeding sections highlight South Carolina’s advantages over the rest of the Southeast on a on a number of key business and economic fronts, including labor organization and power costs.
South Carolina at a Glance The state of South Carolina is strategically located halfway between New York City and Miami. Home to over 4.8 million people, South Carolina is similar in size to Ireland.
Advantage South Carolina South Carolina offers unparalleled value to companies seeking the ideal business location. Over 1,200 international firms already call South Carolina home. -South Carolina is ranked #1 (% of workforce employed by foreign affiliates) -South Carolina is ranked #4 (Total US directed FDI - $4.3 Bil / 2015)
About the Charleston Regional Development Alliance We’re a growing network of investors, staff, business, academic and governmental partners committed to strengthening regional employment and building a base of high-value industries to improve the three-county Charleston region’s economy now and into the future.
The Charleston Regional Development Alliance serves as a catalyst for long-term regional prosperity by attracting the world’s best companies, talent, and entrepreneurs.
About the Upstate SC Alliance Formed in 2000, the Upstate South Carolina Alliance is a public/private regional economic development organization designed to market the dynamic, commerce-rich, northwestern corner of South Carolina.
The Upstate SC Alliance's vision is to “Position and market the Upstate SC region to successfully compete for business investment globally.” The Alliance's goal is to spearhead an aggressive, innovative and comprehensive global marketing strategy to attract new investment to the Upstate region. By creating a powerful brand and image for the region, increased opportunities will ultimately lead to greater investment, enhancing the prosperity and quality of life for the entire Upstate.
Funding for the Upstate SC Alliance comes through two sources: member counties/cities and private sector business partners. The Alliance's private sector partners number more than 140 individual companies / organizations.
Position and market the Upstate SC region to successfully compete for business investment globally.
Market the Upstate SC region to attract business investment.
Support economic development efforts of the Alliance investors.
Build cohesive relationships among the region's private & public sectors.
South Carolina recognized for achievement in foreign direct investment
Feb. 15, 2016
fDi Magazine announces Palmetto State as its national champion COLUMBIA, S.C. – Governor Nikki Haley and the South Carolina Department of Commerce today announced that the State of South Carolina has once again been recognized for achievement in foreign direct investment (FDI). This week, fDi Magazine announced the Palmetto State as its national champion.
South Carolina Europe Office in Munich, Germany The South Carolina Europe Office supports the S.C. Department of Commerce’s commitment to assist international companies establish and expand business operations in the U.S. market. The state has maintained an official presence in Europe for four decades.