Apr
29

Berkeley County Nabs $1 Billion in Corporate Investment in 2007

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Berkeley County: The Lowcountry’s boom town

April 28, 2008

By Molly Parker

In the history of South Carolina, only twice has a county nabbed $1 billion in corporate investment in a single year.

Both times it was Berkeley County.

In 1995, Nucor Steel moved in and BP Global expanded its plastic materials operation.

In 2007, the county announced a major coup in securing a Google data processing center, and just a few months later DuPont announced it would expand its current site near Cypress Gardens on the Cooper River to include a Kevlar manufacturing facility.

“This business is a team sport,” said John Scarborough, who during this interview in mid-

April was the county’s economic development director. He resigned shortly thereafter under political pressure.

“Nobody does it by themselves. It takes a County Council with some vision and trust in what I do to let me make deals and back me up on them,” he said. “It takes an administration in the county that is willing to go to council and say, ‘Here’s what we need; this may be a bit unusual, but can we get it done?’”

Google and DuPont marked the county’s largest corporate investments, the two alone pushing the county over the billion-dollar mark, but there have been others coming in as well.

The county has pulled in such names as Belimed Inc., Associated Container Sales, Pegasus Steel and Nationwide Express. An additional 921 jobs were added to the rolls in 2007 with a combined $41 million in salaries.

ARTICLE SHORTENED DUE TO LENGTH…..

LINK TO ENTIRE ARTICLE HERE:
http://www.charlestonbusiness.com/current/14_9/news/11895-1.html
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