Sep
17

SC Running Out of Industrial Space?

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With economic development announcements popping out of the S.C. Commerce Department like popcorn these days, the state must find places for new businesses and expansions to take root.

“We are quickly exhausting the inventory we have of available sites and available buildings,” S.C. Commerce Secretary Bobby Hitt said. “That’s good news and bad news. We need to do something about it.”

What’s putting pressure on industrial buildings and sites across the state, Hitt said, is that companies want to make their move sooner than later.

“Seventy-five percent of the companies that come to us want buildings. They don’t want greenfield sites,” Hitt said. “They want to move into available buildings in South Carolina as quickly as possible.”

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