Oct
23

SC Named Second Best Place to do Business

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Citing a strong business and labor climate, editors of a national site consultant magazine ranked South Carolina second overall as a place to do business. Area Development magazine noted reports of $3.4 billion worth of investments in new and expanding businesses announced in 2011 among reasons for awarding South Carolina the runner-up slot behind top-ranked Texas.

Manufacturing is also on the upswing in South Carolina as total exports grew 21% during the year, the editors said.

South Carolina moved up from its fourth place ranking in 2011.

“I could say South Carolina’s value is our business-friendly environment or our full service approach to companies big or small, new or existing. And this would be true,” S.C. Commerce Secretary Bobby Hitt said in commenting on the Area Development article.

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