CoStar: South Carolina Lands Some Notable Corporate Expansions


Living up to its billing as one of the three business friendliest states in the union, South Carolina has pulled down some notable business expansions in the past couple of weeks from 5-Star USA, Husqvarna, NEM USA Corp., Otis Elevator Co., TighItCo Inc. and ZF Group.

South Carolina, along with Texas and North Carolina, came out on top of new survey of corporate executives this week of states with the best business climates conducted by Development Counsellors International. (As a side note, California, New York and Illinois, were viewed as the least favorable.)

Otis Elevator Co., a unit of United Technologies Corp. is opening a new manufacturing center in Florence, SC. The new facility will consolidate much of Otis’ North American new equipment operations and will bring more than 360 jobs to South Carolina. The Florence facility will produce all new elevators that have not been produced anywhere else in North America.


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    Categories : South Carolina News

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