Archive for Union

Jun
24

Upstate SC a Leader for Foreign Direct Investment

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Today, the Brookings Institution released a first-ever metro-level analysis of foreign direct investment’s role in the Upstate’s regional economy as part of its Global Cities Initiative, a joint project of the Brookings Institution and JPMorgan Chase. The report analyzes the types of foreign-owned businesses located in the area, outlines the region’s sources of foreign investment and demonstrates the number of jobs supported locally by foreign direct investment (FDI).

The report finds that among the largest 100 metropolitan areas, Greenville ranks 23rd for share of jobs in foreign-owned enterprises (FOEs) at 6.1 percent.

The report also finds that among all 366 metropolitan areas:

  • Spartanburg ranks 3rd for share of jobs in FOEs, at 18.0 percent (behind Columbus, IN and Kokomo, IN)
  • Anderson ranks 7th for share of jobs in FOEs, at 13.4 percent
  • Greenville ranks 67th for share of jobs in FOEs, at 6.1 percent

Among the country’s 616 micropolitan areas:

  • Gaffney ranks 11th for share of jobs in FOEs, at 23.6 percent
  • Greenwood ranks 22nd for share of jobs in FOEs, at 14.5 percent
  • Seneca ranks 38th for share of jobs in FOEs, at 11.7 percent
  • Union ranks 90th for share of jobs in FOEs, at 7.5 percent

READ MORE HERE

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Jul
09

Union Gets Ethanol Plant

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Virginia-based energy company plans new $160 million facility in Carlisle

July 9, 2008

By Rudolph Bell Greenville News

A Virginia company plans to spend more than $160 million building an ethanol plant in the Union County community of Carlisle.

Osage Bio Energy LLC of Glen Allen, Va., said Tuesday it would start building the 75-worker plant around the end of this year or the beginning of next year.

The plant — one of four ethanol plants planned by the company — is expected to open at the beginning of 2011. The plant intends to pay its process technicians between $15 and $25 an hour, said John Warren, a spokesman for Osage Bio Energy.

Warren said the ethanol plant would be built next to a Carlisle Finishing textile plant and would buy steam generated by the textile plant and also use the textile plant’s rail switch.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.greenvilleonline.com/apps/pbcs.dll/article?AID=/20080709/BUSINESS/807090358/1001/NEWS
Categories : Union
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