2013
MARKET FACts CTS
MARKET FA
Sponsored by
Welcome
lowcountry newsroom Managing Editor - Andy Owens aowens@scbiznews.com • 843.849.3142 Senior Copy Editor - Beverly Barfield bbarfield@scbiznews.com • 843.849.3115 Staff Writer - Matt Tomsic mtomsic@scbiznews.com • 843.849.3144 Staff Writer - Liz Segrist lsegrist@scbiznews.com • 843.849.3119 Senior Graphic Designer - Jane Mattingly jmattingly@scbiznews.com • 843.849.3118 Graphic Designer - Andrew Sprague asprague@scbiznews.com • 843.849.3128 midlands newsroom Editor - James T. Hammond jhammond@scbiznews.com • 803.726.7545
Dear Reader,
Holy cow! It’s our 10th edition of Market Facts. Time has certainly flown, and the region has changed in significant ways. It has been great to be able to chronicle the changes in our regular print issues and to also be able to serve up a nice big book full of facts to give you some indication of where we are heading. Ten years ago, when we came up with the original idea of publishing Market Facts, we envisioned it as a tool for our readers to use when composing new or updating existing business plans. It was actually born out of our need to gather facts and data to support
Staff Writer - Chuck Crumbo ccrumbo@scbiznews.com • 803.726.7542
our own expansion. When we found out what a pain it was to find everything we needed, we had an epiphany: “Somebody ought to publish this stuff!”
Special Projects Editor - Licia Jackson ljackson@scbiznews.com • 803.726.7546
As the publication has grown, it has taken its place as the companion to our
Data Researcher - Elizabeth Fonte efonte@scbiznews.com • 803.726.7544
annual Book of Lists. The combination of the listings of the largest companies in
Data Research Assistant - Micah Witherspoon mwitherspoon@scbiznews.com • 803.726.7547
most of the major business categories in the Book of Lists with the statistics and
Upstate newsroom Editor - Scott Miller smiller@scbiznews.com • 864.235.5677, ext. 102 Staff Writer - Bill Poovey bpoovey@scbiznews.com • 864.235.5677, ext. 104 Graphic Designer - Jean Piot jpiot@scbiznews.com • 864.235.5677, ext. 105 Graphic Designer - Mallory Baxter mbaxter@scbiznews.com • 864.235.5677, ext. 115 Lowcountry Account executives Senior Account Executive - Sue Gordon sgordon@scbiznews.com • 843.849.3111 Senior Account Executive - Robert Reilly rreilly@scbiznews.com • 843.849.3107 Account Executive - Sara Cox scox@scbiznews.com • 843.849.3109 Account Executive - Bennett Parks bparks@scbiznews.com • 843.849.3126
other data presented in Market Facts in chart, graph and table format gives you a
Grady Johnson CEO and Group Publisher
pretty good grasp on what drives the region’s business community. Our creative director, Ryan Wilcox, is a master at presenting complex information in a way that is pleasing to the eye and easily understandable, and Market Facts is his tour de force. Each year, Ryan improves the layout by
including more art, shading and highlighting important facts, and by adding footnotes and explanations to help make the data more user-friendly. And new for this year, we engaged a researcher, Veronica Watson, a graduate of the University of South Carolina’s Darla Moore School of Business with a master’s degree in economics. I extend my best wishes to you in the year to come and hope Market Facts aids you in improving the performance of your business planning. I also want to recognize our title sponsors, Pratt Industries, Quality Touch Janitorial Service and Trident Technical College Continuing Education, as well as all of our section sponsors and advertisers, for enabling us to provide this valuable resource for the region’s business decision-makers. Enjoy!
South Carolina’s Media Engine for Economic Growth President and Group Publisher - Grady Johnson gjohnson@scbiznews.com • 843.849.3103 Vice President of Sales - Steve Fields sfields@scbiznews.com • 843.849.3110 Creative Director - Ryan Wilcox rwilcox@scbiznews.com • 843.849.3117 Director of Audience Development - Rick Jenkins rjenkins@scbiznews.com • 864.235.5677, ext. 112 Event Manager - Kathy Allen kallen@scbiznews.com • 843.849.3113
SUBSCRIPTION INFORMATION
Audience Development & IT Manager - Kim McManus kmcmanus@scbiznews.com • 843.849.3116 Audience Development Specialist - Jessica Smalley jsmalley@scbiznews.com • 864.235.5677 ext. 116 Special Projects Assistant - Melissa Verzaal mverzaal@scbiznews.com • 843.849.3104 Event Planner - Jacquelyn Fehler jfehler@scbiznews.com • 864.235.5677, ext. 113 Accounting Manager - Vickie Deadmon vdeadmon@scbiznews.com • 864.235.5677, ext. 100 Custom media division Director of Business Development - Mark Wright mwright@scbiznews.com • 843.849.3143 Account Executive - Reneé Piontek rpiontek@scbiznews.com • 843.849.3105
Charleston Regional Business Journal (USPS 0018-822) is published biweekly, 27 times per year, including one special issue in January, by SC Biz News. P.O. Box 446, Charleston, SC 29402. Periodicals postage paid at Charleston, SC. Mailing address: 1439 Stuart Engals Blvd., Suite 200 Mount Pleasant, SC 29464. Postmaster: Send address changes to: Charleston Regional Business Journal, P.O. Box 446, Charleston, SC 29402
Annual subscribers receive 26 issues of the Business Journal, plus five special supplements: The Book of Lists, Profiles in Business, Event Planning Guide, Market Facts, and Giving. One year (26 issues) for $49.95; two years (52 issues) for $84.95; three years (78 issues) for $ 119.95. Subscribe, renew, change your address or pay your invoice by credit card online at www.charlestonbusiness.com or call 843-849-3116.
SC Business Publications LLC A portfolio company of Virginia Capital Partners LLC Frederick L. Russell Jr., Chairman
The entire contents of this newspaper are copyright by SC Business Publications LLC with all rights reserved. Any reproduction or use of the content within this publication without permission is prohibited. SCBIZ and South Carolina’s Media Engine for Economic Growth are registered in the U.S. Patent and Trademark Office.
CONTENTS 4
Real Estate
24
Section Sponsor
30
Demographics
Section Sponsor
36 Employment & Economic Development
Section Sponsor
44
education
Section Sponsor
54
Section Sponsor
60
Hospitality & Tourism
Business Resources Section Sponsor
Import/Export & Distribution Section Sponsor
68
Medical & Health Care Section Sponsor
Section Sponsor
76
Financial Services
86
Government Section Sponsor
Real estate & Construction
Title SPONSORs
financial services Demographics
S
Employment & Economic Dev.
avvy consumers know the importance of value. They know that to achieve good value, a product or service must strike a balance between quality and price. At Trident Technical College, we deliver value through quality education and affordability. Many benefit from this value as it creates a symbiotic relationship among individuals, businesses and economies. Our students receive top-notch education and training that prepare them to enter the workforce or pursue additional education. In turn, businesses and industries gain a pool of competent candidates who possess skills necessary to be productive employees. This relationship, created through TTC’s value, supports local, regional and global economies. We look forward to finding more ways to create value in the region we serve. Thanks for your continued support!
Education Government
2013 Market Facts
Business Resources
www.charlestonbusiness.com |
Medical & Health Care
Cover Photo by Leslie Burden
Hospitality & Tourism
“T
he smallest details make the biggest difference.” Charleston native John H. Brown, CEO, Quality Touch Janitorial Service, Inc. has believed firmly in this concept for the past 25 years. Our unique concern for the environment and for customer service is always at the top of our priority list; coupled with our high regard for extraordinary standards at competitive prices, you will not go wrong with QTJ Service. Our commitment to excellence has carried our name throughout the U.S., and each of our many clients enjoy peace of mind knowing that their facility will receive the same care and quality control as we would devote to our own back yard. Our extensive client list, business affiliations and certifications are proof that there is no need to look further. We are experts in construction cleaning and in all-inclusive facility care, from the boardroom to the restroom and everything in between. We take pride in our work; you will take pride in our results.
import/Export & Distribution
A
re the shipping materials you are using SAVING THE WORLD? Our products ARE! Pratt Industries has multiple locations in South Carolina to serve your packaging and recycling needs, including packaging material, brown box industrial shippers and full-color pointof-purchase displays. With engineering, assembly and fulfillment services, we will design and manufacture a display or custom package to fit your product, and we will build it, stock it and ship it! Pratt Industries is a large, privately held, 100% recycled paper and packaging company with more than 4,000 highly skilled green-collar employees dedicated to sustainability. Pratt was founded in the USA some 20 years ago and has grown dramatically with manufacturing in more than 20 states. Every day, Pratt paper mills recycle more than 3,000 tons of recovered paper. Every day, these mills produce enough 100% recycled paper to stretch from New York City to Los Angeles. Every day, this saves the equivalent of 51,000 trees, 21 million gallons of water and 12 million kilowatt-hours of energy. Contact us today and let us help you with your packaging and sustainability efforts.
3
Real estate & Construction financial services Demographics Employment & Economic Dev.
REAL ESTATE & CONSTRUCTION
C
ommercial and residential real estate sales and new construction have been booming throughout the Charleston area during the past 12 months. Market data, including absorption rates, closings and median
price, are all trending in a positive direction. Commercial real estate sales fig-
Education
ures are so robust that many brokers and agents are concerned about dwindling inventory as companies snap up office, retail and warehouse space on a rising tide of increasing price per square foot.
had the highest number of building permits issued across South Carolina, with more than 4,500. Homebuyers and residents didn’t need the numbers to tell them, however, as construction crews hammered away on new homes and renovations throughout the area. The Charleston area boasts the secondhighest median home prices in the state, the fewest days on the market and
Total home sales in 2012 in the Charleston area. Page 6
5,320
Homes taken off the market, down 51% from 2007. Page 10
the highest number of closings.
Section Sponsor
Government
4
10,596
construction spending for the primary markets in the state. The region also
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
At more than $850 million, the Charleston area saw the highest amount of
Fast Facts
REal estate & construction | www.charlestonbusiness.com
20.2%
Percentage change in housing building permits filed in the Charleston area from 2011 to 2012. Page 14
Real estate & Construction financial services
Charleston-area housing market
Summary: Median home sales prices continued their gradual recovery toward 2008 levels. As South Carolina registered its highest number of closed sales since ’08, the Charleston trident area led the way in 2012, with the fewest days on the market and the largest number of closed sales.
Median home sales prices by year, 2008-12 Property types: single-family detached, single-family attached, manufactured/mobile homes
234 sold
$260K
$400,000$999,999
$240K Demographics
$1,000,000 and more
$220K
2012 sales by price range Charleston MLS 2008 2009 2010 2011 2012
$140K
2008 2009 2010 2011 2012
$160K 2008 2009 2010 2011 2012
Employment & Economic Dev. Education
$180K
$120K $100K
Berkeley
Charleston
Dorchester
$200,000$399,999
$100,000$199,999
3,439 sold
3,749 sold
Note: Inventory calculation is active listings plus contingent listings Source: Charleston Trident Association of Realtors
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
1,825 sold
1,349 sold
$200K
www.tridentconstruction.com 572-7600
Government
6
$0-$99,999
REal estate & construction | www.charlestonbusiness.com
Source: Charleston Trident Association of Realtors 2012 Annual Report
Real estate & Construction
New construction in the Charleston area
Demographics
financial services
3,000
1,853 Drop in new construction inventory from peak in Jan. 2008
2,500
2,000
Months’ supply of new construction vs. previously owned – Previously owned 16.6
– New Construction
15.0
1,500
8.9 7.2 1,000
6.5 6.8 4.2
500 Jan. 2008
Jan. 2009
Jan. 2010
Jan. 2011
Jan. 2012
2008
2009
2010
2011
2012
Source: Charleston Trident Association of Realtors 2012 Annual Report
Hospitality & Tourism Medical & Health Care
Business Resources Government
8
10.4
9.9
import/Export & Distribution
Education
Employment & Economic Dev.
13.3
REal estate & construction | www.charlestonbusiness.com
Real estate & Construction
Days on the market until sale 140 – Town House/Condo
Average days on the market for a town house or condo
110
90
96
80
Average days on the market for a single-family home Jan. 2009
Jan. 2010
Jan. 2011
Education
70 Jan. 2008
Employment & Economic Dev.
100
Demographics
119
120
financial services
– Single-Family 130
Jan. 2012
import/Export & Distribution
Source: Charleston Trident Association of Realtors 2012 Annual Report
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
REal estate & construction
9
Real estate & Construction financial services Demographics Employment & Economic Dev. Education
100%
100%
100%
100%
100%
98%
98%
98%
98%
98%
96%
96%
96%
96%
96%
94%
94%
94%
94%
94%
92%
92%
92%
92%
92%
Withdrawn from the market Number of homes withdrawn from the Charleston-area real estate market. This often happens when the seller cannot find a buyer near the price level that has been set. Year Number
90%
90%
90%
90%
90%
88%
88%
88%
88%
88%
2007 10,861 2008 10,134 2009 8,349
86%
86%
86%
86%
86%
84% 2008
84% 2009
84% 2010
84% 2011
84% 2012
Source: Charleston Trident Association of Realtors 2012 Annual Report
2010 8,254 2011 6,316 2012 5,320 Source: Charleston Trident Association of Realtors 2012 Annual Report
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Percentage of original sales price received in the Charleston area
HO OM MES F FR RO OM M T TH HE $3 38 80 0’S ’S S
Government
NG LI L SE E II W AS NO PH
10
REal estate & construction | www.charlestonbusiness.com
– Berkeley
– Charleston
– Dorchester
Greater North Charleston......... 38.6% Wando/Cainhoy Area.................37.6%
500
James Island....................................36.1%
financial services
600
Top 5 areas for distressed residential property, 2012
Real estate & Construction
Foreclosed properties sold
Hollywood/Ravenel/Meggett... 34.0%
Source: Charleston Trident Association of Realtors
Berkeley Charleston Dorchester
200
100
No. of sales
581 1,272 518
% of all sales
19.98% 18.46% 21.12%
Employment & Economic Dev.
Comparison of foreclosure sales, 2012
300
Demographics
Rural Berkeley County................ 31.0%
400
Avg. sale price $138,395 $199,315 $129,569
2008 - Q3
27.15% 37.45% 20.45%
Education
Avg. discount
0 2013 - Q1
import/Export & Distribution
Source: Realtytrac.com
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
REal estate & construction
11
Real estate & Construction
Summary: South Carolina’s housing market saw new energy in 2012, with closed sales up 12.5% to 53,375, the highest number since 2007. Sales prices are recovering overall.
Number of closed sales in S.C.
Demographics
financial services
South Carolina housing market
52,639 47,708
47,984
47,437
2008
2009
2010
2011
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Education
Employment & Economic Dev.
53,375
12
REal estate & construction | www.charlestonbusiness.com
2012
Comparison of S.C. housing market, 2008-2012
2008
2012
$211,389
$194,933
Average price
Average price
$159,860
$150,000
Median price
Median price
122
135
Days on market until sale
Days on market until sale
95.7%
94.9%
% of list price received
% of list price received
Source: S.C. Association of Realtors, 2012 Annual Report
1. Hilton Head Area
$226,055
1. Charleston Trident
100
1. Charleston Trident
10,596
2. Charleston Trident
$190,000
2. Greater Greenville
101
2. Coastal Carolinas
8,973
3. Beaufort
$175,348
3. Greater Columbia
116
3. Greater Greenville
7,659
4. Piedmont Regional
$149,700
4. Hilton Head Area
127
4. Greater Columbia
7,587
5. Greater Greenville
$148,700
5. Greater Pee Dee
127
5. Hilton Head Area
3,305
6. Aiken
$148,250
6. Spartanburg
155
6. Western Upstate
2,910
7. North Augusta
$144,900
7. Piedmont Regional
157
7. Spartanburg
2,883
8. Greater Columbia
$140,000
8. Western Upstate
164
8. Piedmont Regional
2,461
9. Coastal Carolinas
$139,000
9. Greenwood
167
9. Greater Pee Dee
1,538
10. Sumter/Clarendon County $129,058
10. Coastal Carolinas
174
10. Aiken
1,311
11. Western Upstate
$126,750
11. North Augusta
175
11. Beaufort
1,103
12. Greater Pee Dee
$125,000
12. Sumter/Clarendon County 175
12. Sumter/Clarendon County 1,039
13. Spartanburg
$120,000
13. Beaufort
198
13. North Augusta
961
14. Greenwood
$114,900
14. Aiken
209
14. Greenwood
610
15. Southern Midlands
$94,500
15. Southern Midlands
240
15. Southern Midlands
268
Employment & Economic Dev.
Total closed sales
Demographics
Days on the market
financial services
Area median prices
Real estate & Construction
2012 Area Overview
Education import/Export & Distribution
Source: S.C. Association of Realtors, 2012 Annual Report
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
REal estate & construction
13
Real estate & Construction financial services Demographics Employment & Economic Dev. Education
South Carolina construction trends
Summary: Construction activity was up in almost all parts of the state, with the Upstate logging an increase of more than 35% in 2012 compared with 2011 numbers. In the Charleston area, building permits were up by 20%. The number of construction jobs also saw an increase.
Housing building permits for S.C. cities Annual new privately owned housing units Ranked by percentage change in total permits issued from 2011-2012
Ranked by percentage change* in total construction costs from 2011-2012
Cities Total 2011 Total 2012 % Change Anderson 280 420 50.0% Greenville-Mauldin-Easley 1,749 2,398 37.1% Spartanburg 532 727 36.7% Columbia 2,897 3,729 28.7% Charleston-North Charleston-Summerville 3,822 4,593 20.2% Sumter 345 299 -13.3% Florence 389 313 -19.5%
Cities Total 2011 Total 2012 % Change Anderson $49.8M $78.8M 58.3% Spartanburg $61.3M $88.2M 43.9% Greenville-Mauldin-Easley $431.9M $571.0M 32.2% Charleston-North Charleston-Summerville $663.9M $867.4M 30.7% Columbia $416.4M $500.3M 20.2% Florence $47.9M $48.0M 0.2% Sumter $36.5M $35.1M -3.9% *Rounding of dollar amounts affects some percentage calculations
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Source: S.C. Association of Realtors
AWARDED 5 TIMES
Contractor of the Year
Business Resources
Charleston Chapter, American Subcontractors Association of the Carolinas
Government
&RZDUG +XQG &RQVWUXFWLRQ *URXS ,QF
:HVW 0RQWDJXH $YH 6XLWH 1RUWK &KDUOHVWRQ 6& ZZZ FRZDUG KXQG FRP
14
REal estate & construction | www.charlestonbusiness.com
80.5
80.5
80.3
79.6
79.5
79.5
79.0
financial services
80.0
78.6
Demographics
78.8
78.5
78.5
Employment & Economic Dev.
78.0
77.5
77.1
77.2
77.0
77.0
76.7 Education
76.5
76.9
Real estate & Construction
Construction jobs in S.C., seasonally adjusted (in thousands)
May ’12
June ’12
July ’12
Aug. ’12
Sept. ’12
Oct. ’12
Nov. ’12
Dec. ’12
Jan. ’13
Feb ’13
Mar. ’13
Apr. ’13 import/Export & Distribution
Sources: Bureau of Labor Statistics
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
REal estate & construction
15
Real estate & Construction financial services Demographics Employment & Economic Dev.
Charleston-area apartment market
Summary: Renters in the Charleston area have watched the average monthly rent climb sharply since 2007. Paying the highest rent per square foot are those in Mount Pleasant and James Island.
Average monthly rent in the Charleston area
Total apartment units - March 2012 – Berkeley
$850
7,067
$825
Education
– Dorchester
3,368
Summerville
Goose Creek
$800
4,873
$775
3,751
North Charleston
Mount Pleasant
7,420
$750
1,081
West Ashley
1,022
Central
James Island
$725 Aug. 2007
Feb. 2013
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Source: Real Data, Charleston Apartment Index
Government
16
– Charleston
REal estate & construction | www.charlestonbusiness.com
– Average Rent/Sq. Ft.
$0.78
1,100
– Average Rent
$1.12
$0.94
Charleston-area average rent rates $1,100
$0.75
1,000
$0.83
$1,000
950
$950
900
$900
$850
$1.06
992 $823
967 $806
Central
Goose Creek
James Island
Mount Pleasant
North Charleston
Summerville
West Ashley
$650
Source: Real Data, Charleston Apartment Index
import/Export & Distribution
967 $723
650
$700
Education
700
986 $1,106
$750
1,069 $1,013
750
1,048 $814
$800
735 $778
800
Employment & Economic Dev.
850
Demographics
Average Sq. Ft.
$1,050
$0.83
financial services
1,050
Real estate & Construction
– Average Sq. Ft.
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
REal estate & construction
17
Real estate & Construction
Homes selling faster, at higher prices
financial services
“We’re halfway through the year and it seems our collective attention has shifted from monitoring price and sales gains to eagerly anticipating more new listing activity on the part of sellers.”
Demographics
– S.C. Realtors
4.0%
Employment & Economic Dev.
18.8%
Year-over-year gain in median sales price of $152,000
Education
Year-over-year gain in closed sales for the first five months of 2013
import/Export & Distribution
8.5% Decline in sales inventory
Average number of days on the market, 17 fewer days than a year ago.
Hospitality & Tourism
Source: S.C. Realtors, figures are year-to-date through May
Medical & Health Care
S.C. foreclosures dropping but still high Figures for January through June 2013
In S.C.
Business Resources
16,922 foreclosures during first six months 12.7% decline from a year ago 1 of 125 homes in foreclosure 7th highest foreclosure rate
In the U.S. 801,538 foreclosures 23.4% decline 1 of 164 homes in foreclosure
Government
18
123
REal estate & construction | www.charlestonbusiness.com
Real estate & Construction financial services Demographics
Vacancy Rate
Net Absorption
Average Rental Rate (Full-service)
2013 1Q
9.20%
-85,314 sq. ft.
$16.87
2012 4Q
8.20%
302,961 sq. ft.
$17.76
2012 3Q
9.10%
153,317 sq. ft.
$18.15
2012 2Q
9.90%
-11,794 sq. ft.
$18.05
Education
Quarter
Employment & Economic Dev.
Historical office data trends – Charleston market
import/Export & Distribution
Historical retail data trends – Charleston market Net Absorption
Average Rental Rate (NNN)
2013 1Q
6.50%
53,468 sq. ft.
$13.73
2012 4Q
6.90%
107,137 sq. ft.
$13.56
2012 3Q
7.10%
78,173 sq. ft.
$13.32
2012 2Q
7.20%
30,691 sq. ft.
$13.56
Medical & Health Care
Vacancy Rate
Hospitality & Tourism
Quarter
Historical industrial data trends – Charleston market Net Absorption
Average Rental Rate (NNN)
2013 1Q
7.70%
-51,422 sq. ft.
$4.10
2012 4Q
7.60%
477,470 sq. ft.
$4.03
2012 3Q
8.40%
252,728 sq. ft.
$4.00
2012 2Q
8.80%
-3,024,567 sq. ft.
$4.03
Government
Vacancy Rate
Business Resources
Quarter
Source: Lee and Associates Note: Data includes buildings larger than 10,000 sq. ft.
www.charlestonbusiness.com |
REal estate & construction
19
Real estate & Construction financial services Demographics Employment & Economic Dev.
Ranked by Available Square Footage
Available Square Feet
Clear Height (in feet)
Dock-Height Truck Doors
Wall Type
Year Built
Brokerage Firm
Broker Phone / Website
1116 Newton Way Summerville, SC 29483
512,686
30
17
Tilt-Up
2008
CBRE Carmody LLC
843-577-0702 www.cbrecharleston.com
300 Eagle Road Goose Creek, SC 29445
284,750
20-30
23
Block
1973
CBRE Carmody LLC
843-577-0702 www.cbrecharleston.com
1980 Technology Drive Charleston, SC 29492
253,500
30
69
Tilt-up
2007
CBRE Carmody LLC
843-577-0702 www.cbrecharleston.com
1 Belt Drive Moncks Corner, SC 29461
240,000
13.5
4
Insulated Metal/Block
1950
CBRE Carmody LLC
843-577-0702 www.cbrecharleston.com
0 Truxton Ave. North Charleston, SC 29405
220,000
45
1
Concrete
1935
Carolina Commercial LLC
843-805-6060 www.carolinacre.com
5801 N. Rhett Ave. Hanahan, SC 29410
211,680
24-28
36
Pre-cast Concrete
1980
Colliers International
843-723-1202 www.colliers.com/charleston
1301 Charleston Regional Parkway Charleston, SC 29492
200,000
30
38
Concrete
2001
Colliers International
843-723-1202 www.colliers.com/charleston
2725 W. Fifth North St. Summerville, SC 29483
200,000
20
16
Metal
1978
Lincoln Harris LLC
843-952-2060 www.lincolnharris.com
320 Deming Way Summerville, SC 29483
170,000
28
12
Metal
1998
Lee & Associates Charleston
843-747-1200 www.lee-charleston.com
324 Deming Way Summerville, SC 29483
170,000
28
6
Metal
1998
Lee & Associates Charleston
843-747-1200 www.lee-charleston.com
Address
Source: Colliers International. INP=Information not provided. Because of space constraints, only the top-ranked companies are printed. For a full list of participating companies, visit www.scbiznews.com/data. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com, fax to 803-726-7404 or go to www.tinyurl.com/joinourlists.
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Education
Industrial Buildings
20
REal estate & construction | www.charlestonbusiness.com
Researched by Elizabeth Fonte
Real estate & Construction financial services Demographics Employment & Economic Dev.
Ranked by Available Square Footage
Available Square Feet
Clear Height (in feet)
Dock-Height Truck Doors
Wall Type
Year Built
Brokerage Firm
Broker Phone / Website
3191 Ashley Phosphate Road North Charleston, SC 29418
157,000
21
10
Metal
1978
Colliers International
843-723-1202 www.colliers.com/charleston
3290 Benchmark Drive Ladson, SC 29456
157,000
22
16
Insulated Metal
2000
Holcombe, Fair & Lane
843-722-2642 www.hflcharleston.com
1124 Newton Way Summerville, SC 29483
146,610
32
56
Tilt-up
2007
Johnson Development Associates Inc.
843-853-0105 www.johnsondevelopment.net
2550 W. Fifth North St. Summerville, SC 29483
136,680
20
17
Metal
1977
Colliers International
843-723-1202 www.colliers.com/charleston
211 Farmington Road Summerville, SC 29483
131,535
15.5-22
14
Metal/Block
1990
CBRE Carmody LLC
843-577-0702 www.cbrecharleston.com
2650 Carner Ave. North Charleston, SC 29405
127,000
15
4
Block
1965
Coldwell Banker Commercial Atlantic International Inc.
843-744-9877 www.cbcatlantic.com
4249 Crosspoint Drive North Charleston, SC INP
104,000
30
24
Concrete
2013
CBRE Carmody LLC
843-577-0702 www.cbrecharleston.com
7391 Pepperdam Ave. Charleston, SC 29418
101,500
20
6
Metal
1977
Carolina Commercial LLC
843-805-6060 www.carolinacre.com
7555 Palmetto Commerce Parkway North Charleston, SC 29420
100,000
24
25
Metal
1989
Maybank Properties LLC
843-740-9200 www.maybankproperties.com
1023 Legrand Boulevard Charleston, SC 29483
90,000
24
10
Concrete
1975
Lincoln Harris LLC
843-952-2060 www.lincolnharris.com
Address
Source: Colliers International. INP=Information not provided. Because of space constraints, only the top-ranked companies are printed. For a full list of participating companies, visit www.scbiznews.com/data. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com, fax to 803-726-7404 or go to www.tinyurl.com/joinourlists.
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Education
Industrial Buildings
22
REal estate & construction | www.charlestonbusiness.com
Researched by Elizabeth Fonte
Ranked by Available Square Footage
Wall Type
Year Built
Brokerage Firm
Broker Phone / Website
4400 Arco Lane North Charleston, SC 29418
85,000
20
21
Metal/Brick
1975
Carolina Commercial LLC
843-805-6060 www.carolinacre.com
9016 Palmetto Commerce Parkway North Charleston, SC 29405
78,000
30
36
Concrete/Metal
2005
Cushman & Wakefield Thalhimer
843-724-0100 www.thalhimer.com
1930 Hanahan Road North Charleston, SC 29406
67,991
14
1
Metal
1975
Avison Young
843-725-7200 www.avisonyoung.com
412 Industrial Road Summerville, SC 29483
64,500
24
6
Metal
2000
CBRE Carmody LLC
843-577-0702 www.cbrecharleston.com
1445 Greenleaf St. Charleston, SC 29405
60,705
25
1
Metal
1952
Clement, Crawford & Thornhill Inc.
843-577-6722 www.cctre.com
219 Varnfield Drive Summerville, SC 29483
50,765
24
4
Metal
2008
Re/Max Pro Realty
843-767-7777 www.remaxprorealty.net
4567 Piggly Wiggly Drive North Charleston, SC 29405
46,732
22
6
Metal
1960
Lee & Associates Charleston
843-747-1200 www.lee-charleston.com
4760 Goer Drive North Charleston, SC 29406
44,310
26
6
Concrete
2003
Simmons Realty
843-577-9600 INP
212 Industrial Road Summerville, SC 29483
44,000
18
2
Metal
1980
CBRE Carmody LLC
843-577-0702 www.cbrecharleston.com
2509 Clements Ferry Road Charleston, SC 29492
40,950
26
4
Metal
2000
Avison Young
843-725-7200 www.avisonyoung.com
Researched by Elizabeth Fonte
Education
Source: Colliers International. INP=Information not provided. Because of space constraints, only the top-ranked companies are printed. For a full list of participating companies, visit www.scbiznews.com/data. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com, fax to 803-726-7404 or go to www.tinyurl.com/joinourlists.
Employment & Economic Dev.
Dock-Height Truck Doors
Demographics
Clear Height (in feet)
financial services
Available Square Feet
Address
Real estate & Construction
Industrial Buildings
import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
REal estate & construction
23
Financial Services
S
mall business loans in the Charleston area guaranteed through the Small Business Administration were down slightly in 2012 compared with 2011, but the amount of the money flowing into business develop-
ment was roughly the same, at $27 million. With more than 21% of market share of deposits, Wells Fargo continued to be the largest banking operation in the region as of June 30, 2012. Charleston-based First Federal Bank, which has since merged with SCBT, held the second-most deposits, at more than 14%, according to the FDIC. Bank of America was close behind in third, with more than 13% of deposits.
Fast Facts $8 billion
Deposits in Charlestonarea financial institutions. Page 26
Mergers and acquisitions across South Carolina accounted for $2.6 billion in activity for 2012, including several large deals by Charleston development company Greystar Real Estate Partners. The real estate manager and developer was the No. 1 manager of apartment housing units in the U.S. for the second year running.
Section Sponsor
$27 million
Loans guaranteed by the U.S. Small Business Administration in 2012 for Charleston businesses. Page 27
$2.6 billion Total mergers and acquisitions deal value in S.C. for 2012. Page 28
24
Financial services | www.charlestonbusiness.com
Tim Grow, CPA Office Managing Shareholder
We’ve helped businesses succeed through the Great Depression, the recent recession and every market in between.
For 88 years, Elliott Davis has advised businesses on how to run efficiently, grow wisely, be more profitable. Led by Office Managing Shareholder Tim Grow, our team provides everything from audit and tax solutions to highly specialized advisory services across the spectrum of industries.
fully engaged for you
)(( ;Yd`gmf Klj]]l Kmal] +(( ;`Yjd]klgf$ K; *1,() 0,+&-//&/(,( ooo&]ddagll\Ynak&[ge
Data as of March 31, the latest available, with year-over-year changes for insured banks in parentheses
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Education
Employment & Economic Dev.
Demographics
financial services
Real estate & Construction
South Carolina banking trends
26
71 Banks 9,430 Employees $23.2B Loans $31.6B Deposits (-5)
(-0.4%)
(+350)
(+0.6%)
% of S.C. banks that are unprofitable
Boosting profits
Percentages for the second quarter of each year
Cumulative second-quarter totals for insured banks in S.C.
35%
$50M
31%
2010
$20M -$172M
$0
2010
2011
2011
18%
14%
2012
2013
2012
2013
Deposit market share, Charleston-North Charleston-Summerville MSA, 2012 State HQ
Charter
No of Local Offices
Market Deposits ($000)
Market Share
Wells Fargo Bank, National Association
SD
Federal
25
2,050,687
21.14%
First Federal Bank
SC
State
30
1,393,525
14.37%
Bank of America, National Association
NC
Federal
17
1,275,900
13.16%
Synovus Bank
GA
State
9
787,765
8.12%
First Citizens Bank and Trust Company Inc.
SC
State
21
634,587
6.54%
Branch Banking and Trust Company (BB&T)
NC
State
13
543,341
5.60%
CresCom Bank
SC
State
7
489,784
5.05%
SouthCoast Community Bank
SC
State
11
341,060
3.52%
The Bank of South Carolina
SC
State
4
277,943
2.87%
SCBT National Association
SC
Federal
7
251,469
2.59%
Institution
Source: Federal Deposit Insurance Corp. Deposit Market Share report. Note: SCBT and First Federal have merged since this market report was issued.
Financial services | www.charlestonbusiness.com
SBA lending on pace for another record in 2013
Figures for the SBA’s flagship 7(a) loan program in Berkeley,
Figures represent statewide data through June of the agency’s
Charleston and Dorchester counties
current fiscal year, which ends Sept. 30. Loans for both the 7(a)
65
$30M
loans
58
loans
$20M
68
61
All of FY2012 $10M
$223 million
$5M
2010
2011
2012
Source: U.S. Small Business Administration, S.C. District Office
Education
2009
An 11.6% increase from FY 2011 and an annual record.
Employment & Economic Dev.
loans
2008
Demographics
96
loans
$15M
First 9 months of FY2013
$188 million
$25M
loans
financial services
and 504 programs are included.
Real estate & Construction
SBA Lending in the Lowcountry
Source: U.S. Small Business Administration, S.C. District Office
import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
Financial Services
27
Real estate & Construction financial services Demographics
A recap of 2012 mergers and acquisitions involving companies or assets in South Carolina, based on data
M&A REPORT 143 M&A deals $2.6B reported transaction value 2013 begins with a big one M&A activity began strong in 2013 with the $302 million merger of Columbia-based SCBT Financial Corp. and First
from S&P Capital IQ.
Most active buyers in S.C. Based on number of deals closed in 2012 3D Systems (Rock Hill)
6
SC Launch (Columbia)
6
Greystar Real Estate Partners (Charleston)
4
D&W Fine Pack (Fountain Inn)
2
state’s fifth-largest bank with more than $5 billion in deposits and 115 branches in South Carolina. Analysts have expected more consolidation like this in the banking industry in South Carolina.
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Education
Employment & Economic Dev.
Financial Holdings Inc. of Charleston. The deal created the
28
Financial services | www.charlestonbusiness.com
Real estate & Construction
Top 5 Acquisitions By South Carolina-based companies in 2012
$642M Bi-Lo Inc. of Mauldin buys Winn-Dixie Stores on $169M Greystar Real Estate Partners of Charleston buys multiple California properties on Jan. 12.
Vidar Systems Corp. on Jan. 3.
$75M Kemet Corp. of Simpsonville buys Niotan Inc. of $71M Greystar Real Estate Partners
Employment & Economic Dev.
Nevada on Feb. 21.
Demographics
$137M 3D Systems Corp. of Rock Hill buys Z Corp. and
Charleston’s Greystar Real Estate Partners was the largest apartment manager in the U.S. for 2012 with more than 192,000 units said a report from the National Multi Housing Council. In 2013, the company has increase its managed units by 5,800.
financial services
March 9, later relocates headquarters to Florida.
MORE DEALS FOR GREYSTAR
acquires a Seattle
apartment complex on Jan. 17.
Education import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
Financial Services
29
Demographics
W
ith nearly 700,000 residents, the Charleston region is one of the most-populous areas of South Carolina. The region includes Dorchester County, which was one of the fastest-growing counties
in the United States in the latest census and continues to post the highest growth rate in the state. Those numbers fuel a vibrant small business community, manufacturing sector, and hospitality and tourism jobs across the region. The majority of that population comes from residents age 19 and younger (25.9%) and residents in the range of 34 to 54 (26.9%), according to Census Bureau reports.
Fast Facts 303,000
Size of the labor force in the three-county area. Page 32
That kind of growth comes with the highest cost of living in the state, including the tourist-intensive Myrtle Beach, with groceries, utilities, health care, and goods and services costing more than the national average. Wage growth remains 15 percentage points below the national average in the Charleston region, but in 2003 the area passed the state average for income.
Section Sponsor
Four of 10
In the Charleston region, four cities are among the largest areas in the state. Page 33
48.7%
Growth in Dorchester County, the state’s fastestgrowing, from 2000-2013. Page 34
30
demographics | www.charlestonbusiness.com
Real estate & Construction financial services
o w r o k t , in minutes e m i t l e v a r t n a Me
How people get to work in the Charleston area Berkeley Charleston
24.8 Demographics
Charleston
25.5
24.8
24.9
Jacksonville, FLA.
Raleigh
25.8
24.4
Austin, Texas
Richmond, VA.
80,314
166,280
56,617
Car, truck or van - drove alone
67,694
126,127
47,071
Car, truck or van - carpooled
5,677
15,969
6,146
Public transportation (excluding taxis)
790
4,083
146
Bicycle
258
1,880
—
Walked
2,699
5,126
587
Other means
1,268
781
579
Worked at home
1,658
12,314
2,088
Savannah
22.5
21.8 Greenville
26 Minutes
25 Minutes
24 Minutes
23 Minutes
22 Minutes
21.0 Lexington
21 Minutes
20 Minutes
Source: U.S. Census Bureau
Hospitality & Tourism Medical & Health Care
Business Resources Government
32
23.8
Workers 16 and older
Knoxville, TENN.
import/Export & Distribution
Education
Employment & Economic Dev.
U.S. Average
Dorchester
demographics | www.charlestonbusiness.com
Largest S.C. cities, towns and censusdesignated places, by population
$48,000 $46,000
2011: Charleston wages 85% of U.S. average
$42,000 $40,000
$36,000
2000: Charleston wages 78% of U.S. average
$32,000
CHARLESTON MSA
SOUTH CAROLINA
$30,000 $28,000
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Source: U.S. Census Bureau
import/Export & Distribution
Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages
Education
$26,000
Employment & Economic Dev.
$34,000
2003: Charleston surpasses S.C. average
Demographics
UNITED STATES
$38,000
financial services
$44,000
City 2012 Estimates Columbia 131,686 Charleston 125,583 North Charleston 101,989 Mount Pleasant 71,875 Rock Hill 68,094 Greenville 60,709 Summerville 44,719 Sumter 40,836 Goose Creek 38,579 Hilton Head Island 38,366 Florence 37,498 Spartanburg 37,401 Aiken 29,884 Myrtle Beach 28,292 Anderson 26,708 Greer 26,645 Mauldin 23,808 Greenwood 23,324 North Augusta 21,873 Easley 20,098 Hanahan 19,157 Lexington 19,141 Simpsonville 19,056 Conway 18,688 West Columbia 15,631
Real estate & Construction
Average wage growth 2000-2011
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
demographics
33
Real estate & Construction financial services Demographics
By county and major city
notable numbers
697,439
import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources
189,781
142,496
Berkeley County
Dorchester County
total population
48.7%
44,783
more people in Dorchester
Summerville
County — the state's fastestgrowing county 2000-2013
37,035 Goose Creek
69,357
99,727 North Charleston
Source: U.S. Census Bureau
Mount Pleasant
365,162
122,689
Charleston County
Education
Employment & Economic Dev.
2012 Charleston-area population
Charleston
Charleston MSA population Charleston MSA population percentage by race 2011 percentage by age Other
3.5% 26.9%
Asian
25.9%
1.6%
Black or AfricanAmerican
White
67.2%
15.2%
27.6% 12.2% 11.7%
Government
7.9%
Source: U.S. Census Bureau’s 2012 Population Estimates, 2011 American Community Survey, 2000 Census
34
demographics | www.charlestonbusiness.com
19 & YOUNGer
20 - 24
25 - 34
35 - 54
55 - 64
65+
Source: U.S. Census Bureau
Real estate & Construction
Cost of living index A score of 100 is equal to the national average. A score greater than 100 means it is more expensive, and a score less than 100 means it costs less.
Housing
Utilities
Transportation
Health Care
Misc. Goods and Services
Charleston
99
106
85
113
96
105
102
Columbia
95
103
76
118
106
100
96
Anderson
89
103
74
99
92
92
92
Greenville
93
102
74
98
97
102
102
Myrtle Beach
95
106
75
117
94
103
99
Spartanburg
94
103
79
90
98
100
102
Savannah
92
96
74
108
99
92
97
Charlotte
95
102
82
101
97
98
99
Atlanta
97
105
85
93
104
102
101
Richmond, Va.
102
103
91
106
101
114
109
91
102
71
105
96
96
96
Raleigh
Employment & Economic Dev.
Grocery Items
Demographics
Overall
financial services
Time Period: 2012 Q1 2013 Q1
Source: The Council For Community and Economic Research
Education import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
demographics
35
Employment & Economic Development
T
he Charleston region’s burgeoning technology sector has resulted in several spin-off companies that are considered some of the leaders in the rise of Southeastern entrepreneurism. Companies and defense con-
tractors such as Space and Naval Warfare Systems Center Atlantic, Blackbaud and Benefitfocus have led to many small software, service and engineering companies entering the market. Industries that depend on computer science, math and engineering continue to be the fastest-growing in the area. The job growth and talent magnets surrounding these companies have allowed three Charleston incubators to be built, along with another in North Charleston and one in Mount Pleasant. The Boeing Co.’s entry into the region
Fast Facts 113%
Job growth in computer science and math fields from 2000-2012. Page 38
changed the character of manufacturing in South Carolina. The company plans to hire thousands more line workers, engineers and information technology employees as its commercial airlines division continues to expand. The Charleston area has some of the lowest unemployment figures in the state, though workers in rural areas continue to struggle through the post-recession era.
Section Sponsor
$29 billion
Charleston’s gross domestic product, secondhighest in the state. Page 40
62
Patents filed in the Charleston market in 2011, highest in S.C. Page 42
36
Employment & economic Development | www.charlestonbusiness.com
Real estate & Construction financial services Demographics
*Statewide employment, with year-over-year percentage gains in parentheses (+0.71%)
400,000
300,000
(+1.23%)
(+4.10%)
(-0.88%)
(0)
(+0.62%)
200,000 (+5.39%) (+2.45%) 100,000
Education
Employment & Economic Dev.
Employment by sector in S.C.
CONSTRUCTION
Manufacturing
Trade, transportation and utilities
Financial services
Professional services
Education and health
Hospitality
government
10 fastest-growing job sectors in Charleston MSA, from 2000-2012 1
Computer and Mathematical Occupations
112.7%
2 Health Care Practitioners and Technical Occupations
77.6%
3 Architecture and Engineering Occupations
75.2%
4 Business and Financial Operations Occupations
69.0%
5 Personal Care and Service Occupations
66.7%
6 Arts, Design, Entertainment, Sports, Media Occupations
62.0%
7 Health Care Support Occupations
47.2%
8 Sales and Related Occupations 41.2%
9 Office and Administrative Support Occupations
33.3%
10 Food Preparation and Serving-related Occupations
32.0%
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Source: S.C. Department of Employment and Workforce, May report, latest available
0%
20%
40%
60%
80%
100%
Source: U.S. Bureau of Labor Statistics
38
Employment & economic Development | www.charlestonbusiness.com
Rates as of June 2013
S.C. U.S.
financial services
12%
Real estate & Construction
South Carolina’s annual unemployment
10%
Demographics
8%
6%
June 2013 jobless rates Employment & Economic Dev.
4%
2%
8.1%
7.3%
7.4%
7.9%
U.S.
S.C.
Charleston
Greenville
Columbia
2009
2010
0% 2003
2004
2005
2006
2007
2008
2011
2012
2013
Education
7.6%
Source: U.S. Bureau of Labor Statistics
import/Export & Distribution
Our experience and know how designs and completes every job efficiently no matter how big or small.
Competitive Pricing...Prompt Payment 2700 Spruill Avenue N. Charleston, SC 29405
Business Resources
Our trucks transport metals of all kinds and sizes in containers or flatbeds, low-sides, hi-sides and dumps. Mobile Crews and Equipment.
Medical & Health Care
We love challenges!
Hospitality & Tourism
Why do more businesses choose Charleston Steel over the others?
(843) 722-7278 (843) 722-1340
www.charlestonsteelandmetal.com
Government
3038 Highway 52 North Mt. Holly, SC 29461
“The LowCountry’s Leader in Metal Recycling” www.charlestonbusiness.com |
Employment & economic Development
39
Real estate & Construction financial services Demographics Employment & Economic Dev. Education
Gross domestic product by MSA in the Southeast, 2011 Municipality
GDP Ranking
Atlanta MSA
$283B
10
$118B
23
$102B
30
Richmond, Va., MSA
$67B
44
Jacksonville, Fla., MSA
$61B
47
Raleigh MSA
$59B
49
Birmingham, Ala., MSA
$54B
50
Knoxville, Tenn., MSA
$32B
69
Columbia MSA
$32B
71
Charleston MSA
$29B
75
Greenville MSA
$27B
84
Asheville, N.C., MSA
$14B
143
Savannah MSA
$13B
144
Spartanburg MSA
$11B
172
Anderson MSA
$5B
290
Charlotte MSA Orlando, Fla., MSA
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Source: U.S. Department of Commerce Bureau of Economic Analysis
Economic development by county Announcements from the S.C. Department of Commerce
Berkeley County Capital Investment
Job Recruitment
Charleston County Capital Investment
Job Recruitment
Dorchester County Capital Investment
Job Recruitment
$250M
1,000
$250M
1,000
$250M
1,000
$125M
500
$125M
500
$125K
500
$0
0
1 201
2 201
$0
1 201
2 201
0
1 201
2 201
$0
1 201
2 201
0
1 201
2 201
1 201
2 201
Source: S.C. Department of Commerce
40
Employment & economic Development | www.charlestonbusiness.com
Company
County
BMW Manufacturing Co.
1,000
Michelin North America Inc.
Lexington, Anderson
$750M
500
JTEKT Automotive South Carolina Inc.
Richland
$130M
175
JTEKT Automotive South Carolina Inc.
Greenville
$102M
100
Nexans
Berkeley
$85M
200
Uniscite Inc.
Laurens
$70M
100
Albemarle Corp.
Orangeburg
$65M
20
Amazon.com Inc.
Spartanburg
$50M
0
Drive Automotive Industries of America Greenville
$50M
60
Gonvarri Steel Services
Union
$50M
65
Millard Refrigerated Services Inc.
Charleston
$42M
87
Schaeffler Group USA Inc.
Chesterfield
$40M
190
Tognum America Inc.
Aiken
$40M
20
Agru America Inc.
Georgetown, Williamsburg
$39M
126
Crescent Dairy & Beverages LLC
Colleton
$30M
60
Domtar Paper Co. LLC
Marlboro
$30M
0
Jones-Hamilton Co.
Chester
$29M
15
Honda of South Carolina Mfg. Inc.
Florence
$27M
65
Britax Child Safety Inc.
York
$26M
243
Japan....................................................................... 720 Showa Denko Carbon Inc............................................300 Asahi Kasei Spandex America Inc............................. 170 Sun Chemical..................................................................... 150 TBC Corp. East Coast Distribution Center.............100 Switzerland.............................................................400 Mediterranean Shipping Co. (USA)..........................290 ADT Security Services..................................................... 110 Canada.................................................................... 330 Gildan Activewear........................................................... 230 Streit USA Armoring.........................................................50 Welded Tube - Berkeley..................................................50 Source: Center for Business Research, Charleston Metro Chamber of Commerce
import/Export & Distribution
Source: S.C. Department of Commerce
Britain....................................................................1,995 Cummins Turbo Technologies....................................680 BAE Systems EI&S..........................................................450 Charleston Place...............................................................325 VT Milcom...........................................................................275 BP...........................................................................................225
Education
$900M
Employment & Economic Dev.
Spartanburg
Germany................................................................ 3,417 Robert Bosch LLC....................................................... 2,200 Behr Heat Transfer Systems Inc.................................375 Getrag Precision Gear....................................................235 IFA Rotorion North America LLC............................... 210 Daimler Vans Manufacturing LLC.............................. 120 Linde Material Handling NA...........................................115 Berchtold Corp....................................................................95 Syn Strand Inc.................................................................... 90 Lanxess Corp.......................................................................85
Demographics
Jobs
financial services
Investment
Top 5 countries with presence in Charleston MSA
Real estate & Construction
Top capital investment announcements in S.C. for 2012
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
Employment & economic Development
41
Real estate & Construction financial services
Patents by MSA, 2011 70 60
62
50
53
40
Demographics
30 20
25
0 Charleston
Columbia
Anderson
import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Greenville
Spartanburg
Patents issued to organizations in the Charleston-North Charleston Metropolitan Area, 2006-10.
Patents per 10,000 Employees, 2010 The number of patents issued in an area per 10,000 employees.
Business Resources Government
3
Patents by organization
2.3 Charleston MSA
9.1
6.6
2.4
U.S. Average
Greenville MSA
Columbia MSA
Source: Institute for Strategy and Competitiveness at Harvard Business School
42
16
Source: U.S. Patent Office
Education
Employment & Economic Dev.
10
Employment & economic Development | www.charlestonbusiness.com
Organization No. Hill-Rom Services Inc. 21 Force Protection Industries Inc. 7 Applied Medical Resources Corp. 6 Medical University of South Carolina 6 ArborGen LLC 5 MeadWestvaco Corp. 5 Force Protection Technologies Inc. 4 Voith Paper Patent GmbH 4 Sun Chemical Corp. 4 Rhodia Inc. 4 Quoizel Inc. 4 Netalog Inc. 4 ITT Manufacturing Enterprises Inc. 4 Albany International Corp. 3 U.S. Navy 3 Sunovion Pharmaceuticals Inc. 3 Sawgrass Technologies Inc. 3 Robert Bosch GmbH 3 Organ Recovery Systems Inc. 3 Nucor Corp. 3 Boston Scientific Scimed Inc. 2 Z-Man Fishing Products Inc. 2 The InterTech Group Inc. 2 Polymer Group Inc. 2 Penn State Research Foundation Inc. 2 MVP Textiles & Apparel Inc. 2 Microsoft Corp. 2 JW Aluminum Co. 2 Environmental Monitoring Systems Inc. 2 Alcoa Inc. 1 Source: Institute for Strategy and Competitiveness at Harvard Business School
Photo/U.S. Air Force, Senior Airman George Goslin
Employees
Aircraft manufacturing
Employees 6,000
Roper St. Francis Healthcare
Hospital system
5,100
JEM Restaurant Group Inc.
Taco Bell and Pizza Hut franchises in the Charleston MSA
3,000
Trident Health System
Hospital system
2,500
Wal-Mart Stores Inc.
Retail merchandise
2,300
Robert Bosch LLC
Antilock braking systems, fuel injectors, common rail & unit injectors
2,200
Joint Base Charleston
Area U.S. military commands
22,000
Medical University Of South Carolina (MUSC)
Hospital, postsecondary education, research
13,000
Charleston County School District
Education
5,300
Piggly Wiggly Carolina Co. Inc.
Grocery wholesaler/retailer headquarters, distribution center
1,800
Berkeley County School District
Education
3,700
SAIC
System engineering and integration services
1,800
Dorchester County School District 2
Education
3,100
Nucor Steel
Steel roll & steel beam manufacturing
1,500
Charleston County
Local government
2,100
1,500
Postsecondary education
2,000
City of Charleston
Local government
1,600
Kiawah Island Golf Resort/The Sanctuary at Kiawah
Resort
College of Charleston Santee Cooper
Electric and water utility
1,200
Blackbaud Inc.
Specialty computer software development & design
1,300
U.S. Postal Service
Postal service
1,100
Publix Supermarkets
Retail grocery stores
1,200
Berkeley County
Local government
1,000
Verizon Wireless
1,000
Inbound/outbound call center for communications company
1,200
City of North Charleston Local government
import/Export & Distribution
Source: Center for Business Research, Charleston Metro Chamber of Commerce
Education
Product or Service
Employment & Economic Dev.
Company
Demographics
Product or Service
Boeing South Carolina
financial services
Largest public sector employers, Charleston MSA
Company
Real estate & Construction
Largest private-sector employers, Charleston MSA
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
Employment & economic Development
43
education A
s manufacturing and other sectors grow in the Charleston region, housing and education will remain in high demand. Families with children often look at education as an indicator of where they might choose to
live, which drives up prices and demand for specific locations. Every school district in the tri-county area received an absolute rating of average, good or excellent from the S.C. Department of Education. The region includes a selection of higher education options, including several MBA programs and certification programs for those seeking continuing education for professional services or trade sectors. With more than 5,200 degrees awarded in the 2011-2012 school year,
Fast Facts $12,000
Dorchester District 4 spends more per pupil than any area district. Page 46
Charleston-area postsecondary education institutions rank behind only Clemson and the University of South Carolina in degrees awarded. The Citadel and the College of Charleston have some of the highest graduation rates among public higher education institutions in South Carolina.
Section Sponsor
$45,000
Charleston County teachers earn less on average than others in the region. Page 46
13.4%
Charleston County has the highest rate of graduate and professional degrees. Page 48
44
Education | www.charlestonbusiness.com
Real estate & Construction financial services Demographics Employment & Economic Dev. Education import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources Government
Charleston-area school districts 500 Ridge St. St. George, SC 29477 www.dorchester4.k12.sc.us Grades PK-12 Superintendent, Jerry G. Montjoy Board Chairman, Kenneth Jenkins No. of Schools................................... 6 No. of Magnet Schools................... 0
In Dorchester County, the districts divide along Eagle Drive, Indigo Road and Cummings Chapel Road.
Berkeley County School District 229 E. Main St. Moncks Corner, SC www.berkeley.k12.sc.us Grades PK-12 Superintendent, Rodney Thompson Board Chairman, Doug Cooper No. of Schools................................. 39 No. of Magnet Schools....................3
State Report Card Absolute Rating 2012......................................... Average 2011.......................................... Average
State Report Card Absolute Rating 2012...............................................Good 2011.......................................... Average
Dorchester School District 2
Charleston County School District
102 Green Wave Blvd. Summerville, SC 29483 www.dorchester2.k12.sc.us Grades PK-12 Superintendent Joseph R. Pye Board Chairwoman, Gail Hughes No. of Schools.................................. 21 No. of Magnet Schools................... 0
75 Calhoun St. Charleston, SC 29401 www.ccsdschools.com Grades PK-12 Superintendent, Nancy J. McGinley Board Chairwoman, Cindy Bohn Coats No. of Schools.................................84 No. of Charter Schools....................8 No. of Magnet Schools................. 26
State Report Card Absolute Rating 2012........................................Excellent 2011................................................Good
Student enrollment
State Report Card Absolute Rating 2012...............................................Good 2011................................................Good
X
– Students per teacher
50,000
Per-pupil expenditure $12,500
40,000
$10,000
21.3
30,000
$7,500 23.7
20,000
$5,000
23.3
10,000
18.9 Berkeley
Charleston
Dorchester 2
$2,500
Dorchester 4
Berkeley
Charleston
Dorchester 2
Average SAT scores, 2012
Average teacher salary
1,500
$50,000
1,450
$48,000
1,400
$46,000
1,350
$44,000
1,300
$42,000
Berkeley
46
School district map
Dorchester School District 4
Charleston
Education | www.charlestonbusiness.com
Dorchester 2
Dorchester 4
Berkeley
Charleston
Dorchester 2
Dorchester 4
Dorchester 4
S.C. Department of Education
Real estate & Construction financial services Demographics Employment & Economic Dev. Education
Educational attainment
– High school graduate (includes equivalency)
Population 25 and older
– Some college, no degree – Associate degree
S.C. Department of Education
– Bachelor’s degree – Graduate or professional degree
7.7%
13.4%
14.8%
7.4%
11.7%
13.3%
8.6%
12.2%
16.4%
Berkeley County
31.6%
23.4%
Charleston County
7.8%
24.7%
Leads U.S. in growth over the past 10 years in
23.2% 10.5%
20.5%
Charleston recognized as top U.S. metro for brain gain percentage of adults with college degrees.
Dorchester County
31.4%
22.0%
Contributing factors: • Strong population growth – two times faster than the U.S. • People want to live here – No. 24 for in-migration among U.S. metros. • More students enrolled at area colleges and universities.
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Source: Charleston Regional Development Alliance 2012 Economic Scorecard
Government
48
– Did not graduate high school
Education | www.charlestonbusiness.com
Real estate & Construction
10,000
8,000
Demographics
7,161
6,000
Employment & Economic Dev.
financial services
Degrees awarded by public institutions, 2011-2012
4,000
4,732
Education import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources
742
790
S.C. State
The Citadel
College of Charleston
Trident Technical College
793
0
Charleston Southern University
Medical University of S.C.
College tuition & fees
– 2008-2009
– 2012-2013
$14,000
Clemson
USC - Columbia
S.C. general funds allocated to higher-ed institutions During the past decade, state support for public colleges and universities has steadily decreased, leaving them more dependent on tuition. In a recent year, state support per full-time student in South Carolina was 18% below the national average.
$12,000
$10,000
$8,000
$6,000
School
$4,000
$2,000
0 Government
2,645
2,000
578
50
2,351
l nica ge h c e nt T Colle ide
tate
S S.C.
Tr
Education | www.charlestonbusiness.com
ege Coll
ston e l r ha
of C
del
Th
ta e Ci
bia
C*US
m Colu
ty ersi S.C. v i Un of ical
son
Clem
*
d *Me
Source: S.C. Commission on Higher Education for public universities * Excludes medicine, law and pharmacy ** Excludes medicine, dentistry and pharmacy; includes nursing and health professions only
FY ’09
FY ’14 % Change
The Citadel
$15,745,501 $8,940,908 -43.2%
College of Charleston
$33,252,307 $19,449,861 -41.5%
Medical $94,622,513 $58,244,151 -38.4% University of S.C. Trident Technical $16,031,159 $13,900,000 -13.3% College Sources: S.C. General Assembly and Trident Technical College
S.C. tech colleges
The most recent graduation rates for selected S.C. higher education institutions. First-time freshmen are given six years to complete their undergraduate degrees.
The state has 16 technical colleges, including Trident Technical College in the Charleston area.
Clemson. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76.2% USC - Columbia. . . . . . . . . . . . . . . . . . . . . . . 67.6%
98,318
financial services
The Citadel. . . . . . . . . . . . . . . . . . . . . . . . . . . 71.8%
Real estate & Construction
Graduation rates
students are enrolled statewide.
College of Charleston. . . . . . . . . . . . . . . . . . 66.1% Winthrop. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54.5% Lander. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42.2% Francis Marion. . . . . . . . . . . . . . . . . . . . . . . 40.0% USC - Upstate. . . . . . . . . . . . . . . . . . . . . . . . 38.6% USC - Aiken. . . . . . . . . . . . . . . . . . . . . . . . . . 38.0% Charleston Southern University. . . . . . . . 38.0% USC - Beaufort. . . . . . . . . . . . . . . . . . . . . . . . 19.7%
16,338
students graduated from a technical college after the 2010-11 school year.
32%
Education
Source: S.C. Higher Education Statistical Abstract 2011
of all undergraduates in public higher education during the fall 2011 semester were enrolled at one of the colleges within the S.C. Technical College System.
Employment & Economic Dev.
S.C. State. . . . . . . . . . . . . . . . . . . . . . . . . . . . 39.3%
52%
Demographics
Coastal Carolina. . . . . . . . . . . . . . . . . . . . . . 43.0%
of the graduates received health sciences degrees.
import/Export & Distribution
Source: S.C. Technical College System
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
Education
51
Real estate & Construction financial services Demographics
S.C. Education Lottery distribution Higher education
K-12
Tuition Assistance – Technical and Two-year Colleges............... $49,100,000
K-5 Reading, Math, Science & Social Studies Program...................................... $26,291,798
Life Scholarship................................................. $107,236,237
6-8 Reading, Math, Science & Social Studies Program..................................... $2,000,000
S.C. Hope................................................................... $7,779,856
Education
Employment & Economic Dev.
Palmetto Fellows................................................ $30,777,240 Need-based grants.............................................. $15,631,566 National Guard...................................................... $1,700,000 Higher Education Excellence Enhancement Program........................................... $50,000 Technology for S.C. Public Four- and Two-year Institutions....................... $9,801,816
State Library – Aid to County Libraries........... $733,000 Deferred Maintenance, Technical Colleges................................................ $5,234,685 Deferred Maintenance, Four- and Two-year Institutions...................... $14,765,315 S.C. School for the Deaf and Blind – Technology Replacement.................................... $200,000
Tuition grants......................................................... $9,266,604 S.C. State – E&G................................................... $2,500,000
Budget & Control Board & DAODAS
import/Export & Distribution
Gambling Disorders.................................................. $50,000
Business Resources
Medical & Health Care
Hospitality & Tourism
Source: S.C. Education Lottery
Government
52
School Buses........................................................... $6,267,000
Education | www.charlestonbusiness.com
Charleston
Dorchester
$16,911,440
$35,744,966
$15,848,845
K-12
K-12
K-12
42,648
77,685
36,218
Scholarship awards
Scholarship awards
Scholarship awards
$51,209,083.97 Scholarship amounts
$424,083
$691,322
$351,028
Library totals
Library totals
Library totals
Employment & Economic Dev.
$11,388,593 Scholarship amounts
Demographics
$53,293,951 Scholarship amounts
financial services
Berkeley
Real estate & Construction
S.C. Education Lottery by county
Education import/Export & Distribution
Source: S.C. Education Lottery
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
Education
53
Import/Export & Distribution
A
s the economic driver for small, medium and large businesses in the Charleston area and South Carolina, the Port of Charleston has stayed on an upward trend that keeps pace with the grow-
ing local and regional economies. The S.C. State Ports Authority will open the S.C. Inland Port in Greer this year, which will connect Charleston’s waterfront to millions of people and businesses in proximity to the Upstate of South Carolina. With the number of ships calling on the Port of Charleston up 3%, the port saw a significant increase in pier tonnage from 2011 to 2012 but saw only a slight increase in the number of 20-foot equivalent units, a standard measure of cargo for container ports.
Fast Facts $7.1 billion
The value of goods imported to South Carolina from Germany, the state’s top importing country. Page 56
The port continues to grow revenue as the eighth largest port in the United States. Operating revenues for the Port of Charleston last year were the highest they’ve been since 2009. South Carolina imports more from Germany than any other country. Canada receives the most exports from the state.
Section Sponsor
-12%
Cargo totals for 2012, compared with 2008. Totals are up since 2009. Page 56
75,234
Container units of auto parts imported through the port — the top commodity. Page 58
54
import/export & distribution | www.charlestonbusiness.com
Real estate & Construction
Port stats
Operating revenues $165.1M
The S.C. State Ports Authority continues rebuildling its business since the Great Recession.
’08
$136.2M
$130.9M
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Education
Employment & Economic Dev.
Demographics
financial services
$124.6M ’09
Cargo and ships
’12
’11 ’10
YEAR ’08 ’09 ’10 ’11 ’12
1,800,000 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000
Operating revenues by port, 2012
$129.1M
1,528 1,793 Pier containers
Annual TEUs 1,000,000 800,000 600,000 400,000 200,000
$150M
1,745 1,695
20-foot equivalent units IMPORTS
Pier tons
$50M
EXPORTS
’08 ’09
$100M
1,840 Ships docked
’10
’12
’11
$1.1M
$11,000
Georgetown
Port Royal
$0
Charleston
Source: S.C. State Ports Authority
Top 5 countries exporting to S.C., 2012 5
3 10 11
Germany $7.099B
9
China $5.450B
7 6 8
1
Mexico $2.784B
4 2
Canada $2.618B
12
Japan $1.426B
U.S. waterborne total by U.S. Customs port, 2011 Top 5 countries importing from S.C., 2012 Canada $3.958B Germany $3.746B China $3.250B Mexico $1.978B United $1.352B Kingdom Source: U.S. Census
56
$111.7M
import/export & distribution | www.charlestonbusiness.com
1 Los Angeles 2 Houston-Galveston, Texas 3 New York City 4 New Orleans 5 Seattle 6 Savannah 7 San Francisco 8 Charleston 9 Norfolk, Va. 10 Philadelphia 11 Baltimore 12 Miami
$381.8B $242.7B $207.9B $153.2B $87.9B $85.7B $69.3B $59.0B $55.0B $54.3B $51.4B $50.1B
Source: U.S. Dept. of Transportation Maritime Division
Real estate & Construction financial services
1. Auto parts
2. Furniture
75,234 TEUs
37,212 TEUs
3. Auto and truck tires and tubes
4. Construction and building equipment
5. Fabrics, including raw cotton
33,393 TEUs
19,977 TEUs
19,932 TEUs
Top Commodities Exported Through Port of Charleston, 2012
1. Paper and paperboard, including waste
2. Wood pulp 46,798 TEUs
95,209 TEUs
Volume is measured in TEUs, which stands for 20-foot equivalent units, the measure of a standard container.
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Education
Employment & Economic Dev.
Demographics
Top Commodities Imported Through Port of Charleston, 2012
58
import/export & distribution | www.charlestonbusiness.com
3. Logs and lumber 28,314 TEUs
4. Auto parts 23,379 TEUs
5. Fabrics, including raw cotton 15,546 TEUs
Source: PIERS Trade Intelligence, www.piers.com.
in TEUs
60,000
Charleston MSA’s largest employers in distribution industry
50,000
Oct. 2012 -
July 2012 -
April 2012 -
Jan. 2012 -
Oct. 2011 -
July 2011 -
April 2011 -
Jan. 2011 -
Oct. 2010 -
July 2010 -
April 2010 -
Jan. 2010 -
Oct. 2009 -
July 2009 -
April 2009 -
Top commodities exported volume
in TEUs
50,000
Oct. 2012 -
July 2012 -
April 2012 -
Jan. 2012 -
Oct. 2011 -
July 2011 -
April 2011 -
Jan. 2011 -
Oct. 2010 -
July 2010 -
April 2010 -
Jan. 2010 -
Oct. 2009 -
July 2009 -
Quoizel Inc.
Distribution of decorative lighting products
225
Southern Eagle Distributing
Beer distributor
215
Piggly Wiggly Distribution Center
Grocery products distribution
Berchtold Corp.
Manufacture & distribute surgical 180 equipment; corporate headquarters
Fruit of the Loom Palmetto Distribution Center
Undergarments
160
Hagemeyer North America
Electrical/industrial equipment & tools distribution
150
Kinder Morgan
Distribution terminals for bulk materials including chemicals and petroleum products; Southeast Regional Office
145
Moulton Logistics Management
Direct-response order fulfillment
125
Linde Material Handling N.A.
Distribution of industrial & commercial machinery
115
TBC Corp. East Coast Distribution Center
Tire distribution
200
100
Source: Center for Business Research, Charleston Metro Chamber of Commerce
import/Export & Distribution
April 2009 -
250
Education
30,000
Jan. 2009 -
40,000
Wholesale agricultural products distribution
Employment & Economic Dev.
60,000
DiMare Johns Island Inc
Demographics
Jan. 2009 -
30,000
Product Employees Import and distribution of apparel 250 to retailers; retail division administration operations
financial services
40,000
Company Gildan Activewear
Real estate & Construction
Top commodities imported volume
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
Import/Export & distribution
59
HOSPITALITY & TOURISM
T
he hospitality and tourism sector, including culinary arts, hotel stays, music, theater and retail, pumps millions of dollars into the Charleston economy each year and is a major driver of
economic activity across South Carolina, especially along the coast. The year-round tourist season in the Lowcountry pulls visitors from around the region, nation and world. The Charleston area supports a vibrant food and beverage sector with world-class cuisine and annual events, including the Charleston Wine and Food Festival and Restaurant Week, among others.
Fast Facts 4.9 million
Charleston visitors in 2012, nearly 8% more than 2011. Page 62
Retail shopping, performances, culture, arts, conventions and history also are major draws for visitors, who arrive by air, water and interstate and coastal highways. In 2012, the Charleston area had nearly 5 million visitors, who made an impact of nearly $4 billion on the local economy, adding income for small businesses and taxes for local governments and municipalities.
Section Sponsor
$22
Increase in daily tourism spending in 2012, compared with 2010. Page 63
210,283
Number of visitors to area attractions in April 2012, the year’s biggest month. Page 65
60
hospitality & tourism | www.charlestonbusiness.com
Real estate & Construction financial services Demographics Employment & Economic Dev. Education import/Export & Distribution
2012 tourism by the numbers
No. 1 City in the World
After taking top city in the United States, Charleston beat 10 other competitors as “Best City in the World” because of its charm, amenities and culture. Conde Nast Traveler, October 2012
4.86 million visitors
No. 1 Destination in the U.S.
Known for the “best beaches in the Southeast,” Charleston was ranked No. 1 for its stellar ambience, friendliness, restaurants and cultural sites. Conde Nast Traveler, October 2012
No. 1 City in the U.S. and Canada Travel & Leisure, July 2013
$3.58 billion economic impact Source: College of Charleston Office of Tourism Analysis
;\Ia )_PQTM
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
Charleston in the spotlight
CLOSEST BEACH TO HISTORIC CHARLESTON, SOUTH CAROLINA www.follybeachsouthcarolina.org
62
hospitality & tourism | www.charlestonbusiness.com
2010 2011 2012
Charleston County occupancy rates and average daily room rates, 2012
Accommodations $94
$98
Dining/Food
Local Transportation
$84 $46
Expenditure per Day
Estimated no. of rooms Up from 14,396 in 2005
$205 $194
$51 $52 $38
$183
71%
Demographics
$29 $31
financial services
16,955
Real estate & Construction
Average personal expenditures in Charleston, by category
Occupancy rate
Tours/Attractions $31
$37 $36 $32
Other Expenses
$124
$16 $17 $18
Average room rate Up from $116 in 2005
Source: College of Charleston Office of Tourism Analysis
import/Export & Distribution
Based on overnight visitors. Sum does not equal total expenditure because each is calculated based on non-zero values. Source: College of Charleston Office of Tourism Analysis
Education
$22
$29
Shopping
Employment & Economic Dev.
Up from 63% in 2009
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
hospitality & tourism
63
Real estate & Construction financial services
Charleston International Airport Total passengers
Airport rental car activity, 2012
2.50M
Combined gross receipts of rental car companies
2.25M
Jan. $2,329,565.37 Feb. $2,536,893.30 Mar. $3,886,530.23
Demographics
2.00M
April $4,773,860.57 May $4,240,394.74 June $3,825,654.74
1.75M
Education
Employment & Economic Dev.
July $3,981,585.76 Aug. $4,674,070.54
1.50M
Sept. $3,507,169.94 Oct. $3,991,430.61 Nov. $3,221,090.03
1.25M
Dec. $2,185,735.54
$0M
1.00M
$1M
$2M
$3M
$4M
$5M
$43,153,981.37
2003
2004
2005
2006
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Total receipts for 2012
64
hospitality & tourism | www.charlestonbusiness.com
2007
2008
2009
2010
2011
2012
Source: Charleston County Aviation Authority
Aggregate number of visitors to Fort Sumter, Fort Moultrie, Charleston Museum, Heyward-Washington House, Joseph Manigault House, Aiken-Rhett House, Charles Towne Landing, Middleton Place, Gibbes Museum of Art, Nathaniel Russell House,
Real estate & Construction
Charleston-area attraction visitor traffic, 2012 Edmondston-Alston House, Drayton Hall, Patriots Point, Charles Pinckney National
financial services
Historic Site and S.C. Aquarium.
Terminal redevelopment and improvement program
Jan. 70,673 Feb. 94,914 Mar. 167,849 April 210,283
The improvements include:
June 176,267
•
• •
Aug. 137,270 Sept. 117,110 Oct. 125,784
1,648,052
Nov. 104,119
Total visitors to area attractions in 2012
Dec. 81,630 0
50,000
100,000
150,000
200,000
No surprise that April saw the highest attendance, with beautiful weather and annual events that draw thousands of tourists like the Cooper River Bridge Run (left) and Summerville’s Flowertown festival.
Source: Center for Business Research, Charleston Metro Chamber of Commerce
Hospitality & Tourism
*UHDW :HHNHQGV 6WDUW LQ <RXU ,QER[
import/Export & Distribution
Source: Charleston County Aviation Authority
July 193,540
Education
• • •
Expansion of terminal apron Addition of a rental car pavilion Construction of a central energy plant Addition of Transportation Security Administration consolidated screening checkpoint Renovation of baggage hall/ addition of third baggage carousel Renovation of the central hall Renovation of ticketing hall Addition to and renovation of Concourse B Renovation of Concourse A Upgrade of all utility systems
May 168,613
Employment & Economic Dev.
• • • •
Demographics
Charleston International Airport’s passenger terminal complex is being updated to meet travelers’ needs.
Medical & Health Care Government
6LJQ XS QRZ DW ZZZ FKDUOHVWRQEXVLQHVV FRP IRU :HHNHQG :D\V WR 3OD\
Business Resources
(YHU\ 7KXUVGD\ &OLFN 2SHQ 3ODQ 3OD\ From the publishers of
www.charlestonbusiness.com |
hospitality & tourism
65
PGA Championship stuff you don’t know A lot of economic forecasts and projections preceded the 2012 PGA Championship held on Kiawah Island last August, but we’ve culled some of the stuff you might not have heard about.
150,000 Water bottles purchased.
Real estate & Construction
Charleston region 2% accommodations tax revenue distribution by city or town For fiscal year ending June 30, 2012
financial services
2011-2012 Charleston...................$4,255,711.83 North Charleston..... $1,682,580.12 Isle of Palms..............$1,462,335.75 Kiawah Island............. $1,143,910.22 Mount Pleasant........... $876,192.03
Demographics
Folly Beach...................$443,993.18 Summerville.................. $180,405.71
75,000
Cases of liquor that got them started.
Hamburgers served.
Seabrook Island..........$106,522.38 St. George...................... $59,965.32 Moncks Corner...............$40,461.21 Goose Creek................... $38,537.57
Employment & Economic Dev.
280
Sullivan’s Island................$18,701.31 Hanahan.............................$15,761.56 St. Stephen.......................$6,079.33 Hollywood.........................$2,843.35
85 Buses running from the parking lot to the course.
Harleyville.............................. $949.31 Ridgeville............................... $926.41 McClellanville.......................$501.00
Education
Bonneau.................................. $137.03 Ravenel.................................. $100.60 Reevesville............................... $91.75 Jamestown.............................$20.26
import/Export & Distribution
Total.......... $10,336,727.23
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
Source: S.C. State Treasurer’s Office
66
hospitality & tourism | www.charlestonbusiness.com
50
Cases of liquor delivered nightly to keep things flowing.
40,000 Hot dogs served.
Source: Chef Steve Schiele of Levy Restaurants, PGA of America
14,828
May
15,652 April
March
financial services
11,788 February
9,277 January Demographics
Admissions tax collections by county, fiscal year 2012
Employment & Economic Dev.
$523,888.05 Berkeley
$5,328,919.07 Charleston
Education
$297,668.21 Dorchester Source: S.C. State Ports Authority
import/Export & Distribution
Source: S.C. Department of Parks, Recreation and Tourism
Real estate & Construction
17,946
Charleston cruise passengers, 2013
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
hospitality & tourism
67
MEDICAL & HEALTH CARE
S
ome of the highest-paying jobs in the Charleston area are in the health care industry. Combined with the thousands of jobs, including many in the nursing field, pediatrics, biotech and
research, health care is a significant economic driver for the region. Heart disease, cancer and stroke account for the highest medicalrelated costs in the Charleston region, according to the most recent data from the S.C. Department of Health and Environmental Control. Last year, heart disease resulted in more than $325 million in health-related costs in the three-county area. The next highest malady, cancer, was slightly more than $129 million.
Fast Facts 9,060
Registered nurses in the Charleston region, down nearly 2% from 2011. Page 72
South Carolina struggles with health issues, ranking 40th in the nation for infant mortality and 49th for diabetes. South Carolinians aren’t shy about getting medical checkups, but they often don’t follow advice on eating and exercise.
Section Sponsor
$63,750
Average salary for registered nurses in 2012, down 6% from 2011. Page 72
$10,500
Employer’s annual cost for family health insurance in South Carolina. Page 74
68
Medical & Health Care | www.charlestonbusiness.com
Real estate & Construction financial services Demographics Employment & Economic Dev.
The high costs of chronic conditions Figures at right show medical costs for Berkeley, Charleston and Dorchester counties in 2011, the latest data available from the S.C. Department of Health and Environmental Control.
An unhealthy state
$21.0 $77.7 Stroke
Select national rankings of S.C.’s health — No. 1 is best; 50 is worst
No. 45
South Carolina’s overall health ranking
No. 34
191.5 cancer deaths per 100,000 residents
No. 31
4.3% of adults have cardiac heart disease
$325.6
Education import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources
million
Heart Disease
30.8% of adults are obese
No. 49
12.1% of adults have diabetes
Government
Hypertension
million
No. 42
70
million
No. 44
41.6% of adults have high cholesterol
No. 24
$56.5 million
Chronic Lower Respiratory Disease
$35.6
61.2 preventable hospitalizations per 1,000 Medicare enrollees
million
No. 8
Diabetes
15% of adults binge drink
No. 31
$66 in public money spent per person on health care
No. 40
7.6 infant deaths per 1,000 live births Source: United Health Foundation
Need to eat better, exercise South Carolinians are more likely to seek medical exams such as cholesterol checks but do not eat as healthfully or exercise as often as the rest of the nation, according to the United Health Foundation.
Medical & Health Care | www.charlestonbusiness.com
$129.2 million
All Cancers
Real estate & Construction financial services Demographics Employment & Economic Dev.
Employment and earnings for health care professionals in the Charleston region Optometrists
40 50
Occupational 50 Therapy Assistants 70
Education import/Export & Distribution
Hospitality & Tourism
Licensed Practical & Vocational Nurses
$41,790 $42,670
Occupational Therapy Assistants
Earnings
$46,610 $48,360
Physician 160 Assistants 150
Dental Hygienists
$56,390 $54,080
180 220
Respiratory Therapists
$58,660 $59,900
Dentist, General Occupational Therapists
240 320
Optometrists
$68,220 $61,680
Physicians and Surgeons, All Other
490 420
Registered Nurses
$67,970 $63,750
Dental Hygienists
440 440
Occupational Therapists
$68,440 $69,500
Respiratory Therapists
520 550
Physical Therapists
$69,710 $72,080
Physical Therapists
540 610
Physician Assistants
Pharmacists Licensed Practical & Vocational Nurses
850 950
Pharmacists
1,610 1,560
Dentist, General
9,210 Physicians and 9,060 Surgeons, All Other
Registered Nurses
$83,100 $89,810 $112,560 $108,380 $144,440 $137,190 $179,420 $195,370 Source: U.S. Bureau of Labor Statistics
Obesity statistics for the Charleston metro area
Participated in recommended amount of physical activity
1.4%
Underweight
31.5%
36.9%
Normal Weight
Obese
BMI 30.0-99.8
BMI 12.0-18.4
BMI 18.5-24.9
Government
Business Resources
Medical & Health Care
Total employees
2011 2012
BMI 25.0-29.9
30.3%
Overweight
72
Medical & Health Care | www.charlestonbusiness.com
20.2%
YES
79.8%
NO
Source: CDC Behavioral Risk Factors Surveillance System
Ranked by No. of Licensed Beds MUSC Medical Center 171 Ashley Ave., Charleston, SC 29425
843-792-1414 www.muschealth.com
709 35,295
891 2,566
Patrick Cawley, Raymond Greenberg 1824
Roper Hospital 316 Calhoun St., Charleston, SC 29401
843-724-2000 www.rsfh.com/roper
368 14,885
510 875
Matthew J. Severance, David Dunlap 1829
Trident Health 9330 Medical Plaza Drive, North Charleston, SC 29406
843-797-7000 www.tridenthealthsystem.com
296 21,260
309 757
Todd Gallati 1975
Bon Secours St. Francis Hospital 2095 Henry Tecklenburg Blvd., Charleston, SC 29414
843-402-1000 www.rsfh.com
204 8,525
507 412
Allen Carroll, David Dunlap 1882
843-881-0100 www.eastcoopermedctr.com
132 5,000
458 217
Jason Alexander 1986
843-577-5011 www.charleston.va.gov
103 INP
278 411
Carolyn L. Adams, John S. Goldman 1966
Palmetto Lowcountry Behavioral Health 2777 Speissegger Drive, Charleston, SC 29405
843-747-5830 www.palmettobehavioralhealth.com
102 INP
INP INP
Daniel J. Body, Cherie Tolley 2000
Summerville Medical Center 295 Midland Parkway, Summerville, SC 29485
843-832-5000 www.tridenthealthsystem.com
94 5,886
309 757
Louis Caputo 1989
843-606-7000 www.rsfh.com
85 1,433
280 101
David Dunlap, John Sullivan 2010
843-876-8340 www.khcharleston.com
59 INP
40 27
Jennifer Frye Sheets 1998
843-724-2800 www.rsfh.com
52 16,542
0 0
David Dunlap, Matthew J. Severance 1992
843-820-7777 www.healthsouthcharleston.com
49 INP
2 34
Troy Powell 1994
843-228-5489 www.nhchasn.med.navy.mil
20 INP
INP INP
Capt. Susan A. Widhalm, Capt. Celia H. Horton 1917
843-761-8721 www.tridenthealthsystem.com
0 15,374
26 13
Ann Edlund 1986
843-899-7700 www.rsfh.com
0 14,061
621 18
David Dunlap, Brenda R. Myers 1992
843-953-6847 www.citadel.edu/infirmary/
0 INP
INP INP
Carey M. Capell 1843
East Cooper Medical Center 2000 Hospital Drive, Mount Pleasant, SC 29464 Ralph H. Johnson VA Medical Center 109 Bee St., Charleston, SC 29401
Roper St. Francis Mount Pleasant Hospital 3500 U.S. Highway 17 N., Mount Pleasant, SC 29466 Kindred Hospital Charleston 326 Calhoun St., Third Floor, Charleston, SC 29401 Roper Rehabilitation Hospital 316 Calhoun St., Charleston, SC 29401 HealthSouth Rehabilitation Hospital of Charleston 9181 Medcom St., Charleston, SC 29406 Naval Health Clinic Charleston 3600 Rivers Ave., North Charleston, SC 29405 Moncks Corner Medical Center 401 N. Live Oak Drive, Moncks Corner, SC 29461 Roper St. Francis Medical Center Berkeley 730 Stony Landing Road, Moncks Corner, SC 29461 The Citadel Infirmary 171 Moultrie St., Charleston, SC 29409
INP=Information not provided. Because of space constraints, only the top-ranked companies are printed. For a full list of participating companies, visit www.scbiznews.com/data. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com, fax to 803-726-7404 or go to www.tinyurl.com/joinourlists.
Researched by Business Journal Staff
Education
Administrator(s) / Year Founded
Employment & Economic Dev.
Active Staff Physicians / RNs
Demographics
Licensed Beds / 2012 Admissions
financial services
Phone / Website
Facility
Real estate & Construction
Hospitals
import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
Medical & Health Care
73
Real estate & Construction
Comparative cost of health insurance
United States
financial services Demographics
Employer’s contribution
Employee’s percentage
$1,400
$4,200
24%
$1,300
$4,100
23%
$1,200
$4,000
22%
$1,100
$3,900
21%
$1,000
$3,800
20%
Family Employee’s contribution
Education
Employment & Economic Dev.
South Carolina
Single
import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources Government
North Carolina
How S.C. insurance rates and related costs compare with those in neighboring Southeastern states
Employee’s contribution
74
Georgia
Employer’s contribution
Employee’s percentage
$5,000
$12,000
40%
$4,500
$11,000
35%
$4,000
$10,000
30%
$3,500
$9,000
25%
$3,000
$8,000
20%
Source: Kaiser Family Foundation
Health insurance coverage declining
2000 2010
Percentage of population statewide with health insurance
South Carolina
0%
25%
50%
Male
75%
100%
U.S.
0%
0%
White
25%
50%
75%
100%
Female
25%
50%
75%
100%
Medical & Health Care | www.charlestonbusiness.com
0%
25%
0%
25%
50%
75%
100%
25%
50%
75%
100%
Black
50%
75%
100%
0%
Business resources
W
hether you’re starting a business, growing an existing business or simply need answers to everyday business questions, you need a place to go to find resources. Check out the
organizations and agencies in this section of Market Facts. The following pages offer contact information for organizations that can help businesses find answers to common questions or complex problems, assistance in finding talent for their companies or information about navigating local and state regulations. Along with contact information for regional and statewide chambers of commerce, there is help to guide you in gaining access to working capital and economic development information to grow your existing business or to start a new one.
Section Sponsor
76
Business Resources | www.charlestonbusiness.com
Real estate & Construction financial services Demographics Employment & Economic Dev.
Berkeley Chamber of Commerce 1004 Old U.S. Highway 52 Moncks Corner, SC 29461 800-882-0337 www.berkeleysc.org Oversees the needs of more than 500 members in Berkeley County and surrounding communities, serving as the county’s leading resource for information while providing current and future community and business leaders opportunities to become involved in shaping the future of the region. Charleston Metro Chamber of Commerce 4500 Leeds Ave., Suite 100 Charleston, SC 29402 843-577-2510 www.charlestonchamber.net Serves to strengthen the region as the world’s best location to live, learn, work and play and advance the region’s economy, improve the quality of life and enhance their members’ success.
Edisto Chamber of Commerce 430 S.C. Highway 174 Edisto Island, SC 29438 843-869-3867 www.edistochamber.com Greater Summerville Dorchester County Chamber of Commerce 402 N. Main St. Summerville, SC 29483 843-873-2931 www.greatersummerville.org Protects and promotes the quality of life in the community, with specific emphasis on improving economic vitality and providing a favorable business climate. S.C. African American Chamber of Commerce 3400 Forest Drive Columbia, SC 29204 803-661-2977 www.scachamber.com An advocate for prosperity, progress and the permeation of success within every county and community in South Carolina as it relates to African-American businesses.
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
Education
CHAMBERS OF COMMERCE
At your service in all 50 United States and the provinces and territories of Canada.
78
Business Resources | www.charlestonbusiness.com
S.C. Chamber of Commerce 1301 Gervais St., Suite 1100 Columbia, SC 29201 803-799-4601 www.scchamber.net Serves to create prosperity for all citizens through an economy of increased productivity and global competitiveness.
working to make state government more small business-friendly.
Sea Islands Chamber of Commerce 2817 Maybank Highway, Unit 1 Johns Island, SC 29455 843-793-1234 www.seaislandschamber.org Promotes economic growth and quality of life in the Sea Islands area. S.C. Hispanic Chamber of Strives to provide a clear, persuasive Commerce voice for the business community 910 E. Washington St. in governmental affairs on federal, Greenville, SC 29601 state, county and local levels. Prowww.schcc.org vides services designed to enable the Promotes and supports the advance- public and private sectors to improve ment of the economic growth of His- productivity and promotes the Sea panic businesses in South Carolina Islands area as an economic, educaand is committed to the development tional and recreation center while of programs and the facilitation of providing membership services and the resources needed to help Hisnetworking opportunities for its panic businesses to reach their full members. potential. Tri-County Regional S.C. Small Business Chamber of Commerce Chamber of Commerce 225 Parler Ave. 1717 Gervais St. St. George, SC 29477 Columbia, SC 29201 843-563-8187 803-252-5733 www.tri-crcc.com www.scsbc.org Serves its members and communities Statewide advocacy organization by taking a proactive role in
ECONOMIC DEVELOPMENT
Education import/Export & Distribution
Wish you had some help lowering your health insurance premium?
Employment & Economic Dev.
Clemson Institute for Economic and Community Development 900 Clemson Road Columbia, SC 29229 803-788-5700 www.clemson.edu/public/ciecd Connects the resources of Clemson University and other agencies to Charleston Area Community the needs of S.C. communities for Development Corp. outreach, institute initiatives and 2146 Dorchester Road research. The goal is to develop and North Charleston, SC 29405 support leadership development pro843-747-3311 grams for communities that enable www.facebook.com/charlestoncdc and empower wealth creation; foster Provides community revitalization results-oriented collaboration for by building and preserving commubuilding the capacity for communinities in the Charleston area and of- The Citadel Small Business ty and economic development; and fers programs and services to combat Development Center provide cutting-edge, research-based 171 Moultrie St. community disparity and remove information for community barriers in the areas of housing, edu- Charleston, SC 29406 decision-making. Supports environ843-953-6007 cation and economic development. mental sustainability through trainThe Small Business Development ing and information-sharing with Center, a counseling partner of the Charleston Business Development partners and communities, estabU.S. Small Business Administration, lishes a methodology for involving 475-A East Bay St. helps people with small business Charleston, SC 29403 undergraduate and graduate students start-up ventures and assists in the 843-724-3773 in Clemson Institute and Sandhill continued growth of small businesses programs, as well as county www.charlestonbd.com with funding from federal, state and extension offices, and provides priA city of Charleston enterprise that private funds. Counseling services serves to attract, nurture and promary and applied research to comfor any current or prospective small munities to address issues related to mote Charleston’s knowledge econbusiness owner. omy. growth.
Demographics
Business Development Corp. of S.C. 111 Executive Center Drive Enoree Building, Suite 225 Columbia, South Carolina 29210 803-798-4064 www.businessdevelopment.org Established in 1958 by the state Legislature to promote business and industry within South Carolina,
Charleston Regional Development Alliance 5300 International Blvd., Suite 103 North Charleston, SC 29418 843-767-9300 www.crda.org A full-service professional economic development organization representing Berkeley, Charleston and Dorchester counties, serving as a confidential resource to help streamline the site selection process, assisting companies with issues such as buildings and sites, financing and workforce training.
financial services
Berkeley County Economic Development Department 1003 U.S. Highway 52 Moncks Corner, SC 29461 843-719-4096 www.berkeleycountysc.gov/dept/ economicdev The Berkeley County Economic Department strives to attain a comprehensive economic development program directed toward economically sustainable and environmentally responsible opportunities.
the Business Development Corp. is a non-bank commercial lending company specializing in the SBA 7(a) loan guaranty program. Certified Development Corp. of S.C., an affiliated corporation, provides financial assistance to businesses.
Real estate & Construction
improving the general welfare, prosperity, and quality of life for all citizens of the Tri-County Regional Chamber of Commerce area.
Hospitality & Tourism Medical & Health Care
Business Resources Government
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Business resources
79
Real estate & Construction financial services Demographics Employment & Economic Dev. Education import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources
College of Charleston Office of Economic Analysis 66 George St. Charleston, SC 29424 843-953-8111 http://sb.cofc.edu/centers/ economicanalysis Part of the School of Business Partnership Program which links academic programs with key segments of the Lowcountry economy. Provides objective analysis and interpretation of economic data and trends in the international, nation, regional and local economy. Dorchester County Economic Development 402 N. Main St. Summerville, SC 29483 843-875-9109 www.dorchesterforbusiness.com Dorchester County Economic Development is responsible for growing and retaining business in Dorchester County. Its mission is to work to create and support an environment that welcomes business and helps companies to grow and succeed over the long term.
Lowcountry Housing & Economic Development Foundation Inc. 2106 Mount Pleasant St. Charleston, SC 29403 843-722-0596 www.lowcountryhousingfoundation.org Founded in 1997 and organized as a 501(c)(3) tax exempt organization, its mission is to provide housing and economic development opportunities for the low- to moderate-income families of coastal South Carolina through economic development, homeownership, housing rehabilitation, job preparation and financial management training services. New Carolina – S.C.’s Council on Competitiveness 1411 Gervais St., Suite 315 Columbia, SC 29201 803-760-1400 www.newcarolina.org New Carolina works across business, government and academic sectors to steer task forces to enhance education and workforce development, increase support for entrepreneurship and tackle issues in distressed areas. It aims to integrate education, innovation and entrepreneurship
Why do more businesses choose Charleston Steel over the others?
We love challenges! Our experience and know how designs and completes every job efficiently no matter how big or small.
Our trucks transport metals of all kinds and sizes in containers or flatbeds, low-sides, hi-sides and dumps. Mobile Crews and Equipment.
Government
Our Region Our Plan 1362 McMillan Ave., Suite 100 Charleston, SC 29405 843-529-0400 www.ourregionourplan.org Promotes thinking and decision-making on a regional scale to address shared concerns and realize common goals and raises public awareness of issues and opportunities important to the economic health and quality of life in the region.
North Charleston Department of Economic Development 2500 City Hall Lane North Charleston, SC 29406 843-554-5700 www.northcharleston.org/business/ econdev North Charleston is dedicated to providing resources necessary to help business get from where they are to where they want to be. Drawing on the strength of increasing numbers of public/private partnerships, North Charleston provides infrastructure, a well-trained work force, support services and financial resources to help businesses succeed.
The Palmetto Institute 1411 Gervais St., Suite 450 Columbia, SC 29201 803-806-8106 www.palmettoinstitute.org An independent, nonprofit, nonpartisan research and educational organization that addresses state and regional public policy issues, conducts research on topics that will affect future development, promotes positive economic change within South Carolina and disseminates research findings and conclusions both to scholarly and lay audiences.
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(843) 722-1340
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“The LowCountry’s Leader in Metal Recycling”
80
into strategies of the core industries in South Carolina. The competitiveness initiatives are to activate and upgrade clusters, enhance education and workforce training, invest in research and the university system, launch marketing campaigns, create an explicit economic development program for distressed areas, increase support for start-ups and local firms, create new institutions for economic development and measure progress in raising prosperity.
Business Resources | www.charlestonbusiness.com
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843.556.2499 EMS is a registered agent of Electronic Merchant Systems
Trident Technical College Division of Continuing Education and Economic Development 7000 Rivers Ave. North Charleston, SC 29406 843-574-6022 www.tridenttech.edu/ce.htm Serves as a catalyst for personal, community and economic development by empowering individuals through education and training.
Education import/Export & Distribution
University of South Carolina Division of Research, Darla Moore School of Business 1705 College St. Columbia, SC 29208 803-777-4424 http://mooreschool.sc.edu/ facultyresearch/researchcenters/ divisionofresearch.aspx The division reaches beyond the academic environment into public and
Employment & Economic Dev.
S.C. Jobs - Economic Development Authority 1201 Main St., Suite 1600 Columbia, SC 29201 803-737-0268 www.scjeda.net Develops the business and economic welfare of South Carolina through loans, investments and the financial promotion of the export of goods and services produced within the state.
SC Launch 645 Meeting St. Charleston, SC 29403 843-760-5896 www.sclaunch.org A collaboration among SCRA and South Carolina’s university research foundations. It facilitates applied research, product development and commercialization programs and works to strengthen South Carolina’s knowledge economy by creating high-wage jobs. It also provides entrepreneurs with key tools for success to help build technology startups, jobs and equity in the future for South Carolina.
Sewee to Santee Economic Foundation Inc. 405 Pinckney St. McClellanville, SC 29458-0026 843-887-4453 Serves to promote economic growth while preserving rural heritage.
Demographics
S.C. Economic Developers Association P.O. Box 1763 Columbia, SC 29202 803-929-0305 www.sceda.org A statewide association of more than 500 member organization whose primary objective is to increase the effectiveness of those involved in economic development in South Carolina.
S.C. Rural Development Council P.O. Box 23205 Columbia, SC 29224-2305 803-699-3188 www.scrdc.org State councils serve as forums for identifying issues affecting collaboration in rural development efforts among federal agencies. The council works to develop strategies for applying available federal, state and private-sector resources to achieve long-term economic development.
financial services
SmartState – S.C. Centers for Economic Excellence www.smartstatesc.org Spearheads the SmartState Program which serves the public interest by creating incentives for the state’s research universities, in cooperation with other institutions of higher education, to raise capital from nonstate sources to fund endowments for specialized research professorships which, in turn, cultivates critical, public-private industrial partnerships, expands the state’s knowledge
base, create well-paying jobs and enhances economic opportunities and improves the quality of life for the people of South Carolina.
Real estate & Construction
S.C. Association of Community Development Corps P.O. Box 20577 Charleston, SC 29413 843-579-9855 www.communitydevelopmentsc.org A statewide trade association of nonprofit, community-based development corporations within the state’s economically distressed communities. The association’s primary focus is to build the capacity of local community development corporations through grass-roots leadership development, access to capital, advocacy and technical assistance.
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
Business resources
81
Real estate & Construction financial services Demographics Employment & Economic Dev. Education
FINANCIAL ASSISTANCE BCI Lending Services / Business Carolina Inc. 1523 Huger St., Suite A Columbia, SC 29201-2223 803-461-3801 www.bcilending.com A not-for-profit economic developer that promotes economic growth in South Carolina, North Carolina, and Georgia by providing loans to small businesses. Business Development Corp. of S.C. P.O. Box 21823 Columbia, SC 29221 803-798-4064 www.businessdevelopment.org A non-bank commercial lending company established in 1958 by the state Legislature to promote business and industry within the state. It
specializes in the SBA 7(a) loan guaranty program. Certified Development Corp. of S.C., an affiliated corporation, has participated in providing financial assistance to businesses since 1994. Certified Development specializes in SBA 504 debenture financing, limited to South Carolina. Charleston Angel Partners LLC 5 Liberty St. Charleston, SC 29424 843-881-5623 www.charlestonangelpartners.com A member-driven organization composed of a group of Charleston-area business professionals who work to support high-growth economic development in the region and evaluate qualified startups looking for seed capital. Membership is open to qualified individual investors who work collectively to gain the benefits of a group experience but act individually in every investment decision.
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
import/Export & Distribution
private sectors of South Carolina by conducting applied practical research on a timely business and on economic topics and serves as a center of expertise on issues associated with the state’s economy.
82
Business Resources | www.charlestonbusiness.com
Charleston Local Development Corp. 75 Calhoun St., Third Floor Charleston, SC 29401 843-724-3796 www.charlestonldc.com Provides technical assistance and administers loan programs for individuals who locate their business in the city of Charleston. It can also provide business owners with access to tax incentives and credits available through the city’s Renewal Community designation. Mortgage Bankers Association of the Carolinas Inc. P.O. Box 2588 Mount Pleasant, SC 29465 843-303-5705 www.mbac.org Represents companies that participate in the mortgage lending industry within North and South Carolina. Members include residential and commercial mortgage bankers, mortgage brokers, wholesale lenders, savings and loan associations, commercial banks, credit unions, government agencies, nonprofit organizations and companies that provide
affiliated services to mortgage bankers. Members receive legislative representation, education and training, networking, information resources and other benefits. Consumers can learn about the process of obtaining a mortgage loan, receive answers to mortgage-related questions, verify whether a lender is a member or receive assistance in resolving disputes with lenders and affiliates. S.C. Investor Network c/o Clemson Renaissance Center 123 Main St. Greenville, SC 29601 864-370-1015 www.scinvestor.org Members are experienced venture capital and private equity investors, angel investors, business lawyers, accountants, investment bankers and business brokers, other business advisers and service providers who share the common goal of facilitating the creation and growth of high-impact companies in South Carolina.
Education
S.C. Workers’ Compensation Commission 1333 Main St., Suite 500 P.O. Box 1715 Columbia, SC 29202-1715 803-737-5700 www.wcc.sc.gov The mission of this agency is to provide an equitable and timely system of benefits to injured workers and employers in the most responsive, accurate and reliable manner possible.
Employment & Economic Dev.
S.C. Career Information System 1550 Gadsden St. P.O. Box 995 Columbia, SC 29202 800-264-9038 www.sccis.intocareers.org A collaboration among 11 state agencies to coordinate the state’s computer-based career information delivery system. It provides essential data on careers, salaries, scholarships, education and job opportunities, such as military, apprenticeships and postsecondary, trade and vocational programs.
Society for Human Resource Management – Tri-county Chapter P.O. Box 6272 North Charleston, SC 29419 843-819-5129 http://tchrma.shrm.org Promotes the educational and professional development resources and services of the society; adopts programs to promote the progress, visibility and welfare of the group and its members in the human resources profession, including leadership training and succession planning; and provides programs and services to chapter members.
Demographics import/Export & Distribution
Employers Association of South Carolina 104 Corporate Blvd., Suite 408 West Columbia, SC 29169 803-783-0368 www.eascinc.com Provides statewide human resource, supervisory and management development training including guidance and information on compensation packages, human resource policies
S.C. Department of Employment & Workforce 1550 Gadsden St. P.O. Box 995 Columbia, SC 29202 803-737-2400 www.dew.sc.gov Maintains a statewide network of employment service offices which offer testing, counseling and job referrals and assist employers in filling jobs quickly with qualified personnel. Also administers unemployment benefits. All employment services are free to the public. The Labor Market Information department provides a database on industries, employers, population, income, occupations and other information.
S.C. Human Resources Division 8301 Parklane Road, Suite A220 Columbia, SC 29223 803-896-5300 www.ohr.sc.gov A statewide government entity specializing in employee and employer services, career opportunities, training and development and workforce planning for government jobs in the state of South Carolina.
financial services
City of Charleston Department of Human Resources and Organizational Development 174 East Bay St., Suite 302 Charleston, SC 29403 843-724-7388 www.charleston-sc.gov/index.aspx?nid=246 Responsible for the implementation of the personnel system for city employees and the position classification plan of the city, class specifications of the city, allocation lists and the personnel policies and procedures including fringe benefits, conditions of employment, salaries and employee grievances.
and practices, labor relations, development of employee handbooks, consulting and training and affinity programs. It also offers an online learning center with over 6,000 courses available.
Real estate & Construction
HUMAN RESOURCES
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
Business resources
83
Real estate & Construction financial services Demographics Employment & Economic Dev. Education import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources Government
84
MISCELLANEOUS BUSINESS DIRECTORY
Charleston, SC 29413 www.cwitsc.org
Business Trademarks & Patents U.S. Patent & Trademark Office Madison Building, 600 Dunly St. Alexandria, VA 22315 Customer Service: 571-272-1000 www.uspto.gov State Patent Assistance: S.C. Secretary of State 1205 Pendleton St., Suite 525 Columbia, SC 29202 803-734-0629 www.scsos.com
Coastal Community Foundation 635 Rutledge Ave., Suite 201 Charleston, SC 29403 843-723-3635 www.coastalcommunityfoundation.org
Bar-coding & Universal Product Code (UPC) GS1 US 7887 Washington Village Drive, Suite 300 Dayton, OH 45459 937-435-3870 www.gs1us.org Carolinas Minority Supplier Development Council 9115 Harris Corners Parkway, Suite 440 Charlotte, NC 28269 704-549-1000 http://affiliate.nmsdc.org/carolinasmsdc Charleston American Marketing Association P.O. Box 20885 Charleston, SC 29413 www.charlestonama.com Charleston Defense Contractors Association P.O. Box 61089 Charleston, SC 29419 www.charlestondca.org Charleston Trident Association of Realtors 5300 International Blvd., Suite C-105 Charleston, SC 29418 843-760-9400 www.charlestonrealtors.com
U.S. Copyright Office 101 Independence Ave. S.E. Washington, DC 20559-600 202-707-3000 www.copyright.gov Lowcountry Local First 1345 Ave. G North Charleston, SC 29405 843-740-5444 www.lowcountrylocalfirst.org Mount Pleasant Business Association P.O. Box 1635 Mount Pleasant, SC 29465-1635 www.mympba.com S.C. Association of CPAs 570 Chris Drive West Columbia, SC 29169 803-791-4181 www.scacpa.org S.C. Association of Nonprofit Organizations 2711 Middleburg Drive, Suite 201 Columbia, SC 29204 803-929-0399 www.scanpo.org S.C. Bar Association 950 Taylor St. Columbia, SC 29201 803-799-6653 www.scbar.org S.C. Broadcasters Association 1 Harbison Way, Suite 112 Columbia, SC 29212 803-732-1186 www.scba.net
Charleston Home Builders Association 672 Marina Drive, Suite 105 Charleston, SC 29492 843-572-1414 www.hbacharleston.com
S.C. Commission on Women 1205 Pendleton St. Columbia, SC 29201 803-734-5806 www.govoepp.state.sc.us/sccw
Charleston Women in International Trade P.O. Box 20145
S.C. Department of Health & Environmental Control 2600 Bull St.
Business Resources | www.charlestonbusiness.com
Columbia, SC 29201 803-898-3432 www.scdhec.net S.C. Department of Labor, Licensing and Regulation 110 Centerview Drive, Kingstree Building Columbia, SC 29210 803-896-4300 www.llr.state.sc.us S.C. Hospital Association 1000 Center Point Road Columbia, SC 29210 803-796-3080 www.scha.org S.C. Restaurant & Lodging Association P.O. Drawer 7577 Columbia, SC 29202 803-765-9000 www.schospitality.org S.C. Society of Professional Engineers P.O. Box 11937 Columbia, SC 29211-1937 803-771-4271 www.scspe.org Trident United Way 6296 Rivers Ave., Suite 200 North Charleston, SC 29406 843-740-9000 www.tuw.org
TECHNOLOGY Association of Information Technology Professionals – Charleston P.O. Box 61225 North Charleston, SC 29419-1225 www.aitp.org/members/group_content_ view.asp?group=73580&id=136410 Serves members by delivering relevant technology and leadership education, research and information on current business and technology issues and presents forums for networking and collaboration. Charleston Digital Corridor 475-A East Bay St. Charleston, SC 29403 843-724-3773 www.charlestondigitalcorridor.com An effort by the city of Charleston to attract, nurture and grow
knowledge-based enterprises. In partnership with regional economic development agencies, communication infrastructure providers and the private sector, the corridor’s commitment is to facilitate an environment where technology companies thrive. Information Technology Professionals of South Carolina P.O. Box 1124 Columbia, SC 29202 www.itpsc.org Provides a forum for members to exchange information and concepts to the mutual benefit of member companies and individuals. Encourages and assists in the education of member company representatives and individuals through seminars, conferences, newsletters and special reports or presentations. Presents a unified position on information and telecommunication technology matters, policies legislative and regulatory issues and supports public and private educational institutions offering curricula in information and telecommunications technology. Municipal Technology Association of S.C. 1411 Gervais St. P.O. Box 12109 Columbia, SC 29211 803-799-9574 www.masc.sc/programs/knowledge/ affiliates/Pages/Technology.aspx Promotes the effective use of information technology by municipalities throughout the state and offers members access to email lists and training on how to provide better services and achieve greater efficiencies using the latest technological innovations for municipal government. S.C. Assistive Technology Program 8301 Farrow Road Columbia, SC 29203 803-935-5263 www.sc.edu/scatp A federally funded program concerned with getting technology into the hands of people with disabilities. A part of the national network of technology-related assistance programs, its goal is to enhance independence, productivity and quality of life for all South Carolinians through access to assistive technology devices and services.
Education
SPAWAR P.O. Box 190022 North Charleston, SC 29419-9022 843-218-4000 www.public.navy.mil/spawar A division of the Department of Navy, SPAWAR delivers higher-end Navy information technology products and services to fleet and other Defense Department stakeholders. As the Navy’s Information Dominance Systems Command, Space and Naval Warfare Systems command designs, develops and deploys advanced communications and information capabilities. Supports the full life cycle of product and service delivery, including the initial research and development, acquisition and deployment, and operations and logistics support.
Employment & Economic Dev. import/Export & Distribution
S.C. Technology Alliance 1201 Main St., Suite 2010 Columbia, SC 29201 803-748-1323 www.sctech.org Established to help prepare a technology-capable workforce, create a business environment friendly to technology-intensive companies,
invest to expand the base of rapidly growing companies and startup businesses, and invest in world-class university research programs that are directly linked to South Carolina industry.
Demographics
SCRA 5300 International Blvd. North Charleston, SC 29418 843-760-3200 www.scra.org Dedicated to stimulating economic growth through science and technology, as well as provide leadership to create innovative solutions through advanced technology that enhances
customers’ performance. SCRA was started by the S.C. Legislature under a public charter to help develop technology-based industries in the state. It is a non-stock, tax-exempt applied research corporation. Technology Ventures helps early stage South Carolina-based technology companies grow their business and commercialize their products. Applied Research and Development creates and leads teams from many industries, organizations and disciplines to develop and apply technology solutions to complex challenges for federal and corporate clients. Research and development facilities build, manage and lease state-of-the-art laboratories, advanced manufacturing facilities and secure spaces for sensitive work.
financial services
S.C. Division of State Information Technology P.O. Box 12444 Columbia, SC 29211 803-896-0001 www.cio.sc.gov A government agency that facilitates government services in South Carolina by coordinating enterprise technology investment and providing information technology solutions. Also delivers cost effective services for citizens, businesses and government organizations.
S.C. Information Technology Directors Association P. O. Box 12366 Columbia, SC 29211-2366 803-734-9059 www.scitda.org A collaboration of technology to benefit South Carolina’s agencies and the citizens of the state. Provides a medium for the exchange of information pertinent to the management of State information technology facilities, provides a consolidation of experience, knowledge and interest in improving information technology, administration and management and serves as an instrument for the dissemination of information relating to information technology in the state.
Real estate & Construction
S.C. Association for Educational Technology P.O. Box 7907 Columbia, SC 29202 www.scaet.org A nonprofit association serving to promote the innovative, intelligent and responsible use of technology in the enhancement of education. Organizes and produces the S.C. Educational Technology Conference and established and supports other statewide forums for sharing ideas, information and resources in the use of educational technology.
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
Business resources
85
Government
N
avigating the red tape of government can be tricky for even the most savvy business owners and startup entrepreneurs. This section of Market Facts offers names, addresses and telephone
numbers of state and local government offices, as well as legislators who represent the Charleston region. Also included in this section is information about municipalities in Berkeley, Charleston and Dorchester counties. Each city, town and county operates a little differently, so if you are planning to do business within a specific area, use this information to contact the appropriate
Fast Facts 1975
The year Charleston Mayor Joe Riley was first elected to the office.
government entity or consult the websites listed on the following pages for information about permitting, business licenses, taxes, economic development, government regulations and hiring.
6
The number of congressional districts in South Carolina.
Section Sponsor
86
Government | www.charlestonbusiness.com
May 23, 1788 The date South Carolina became the eighth state in the U.S.
Real estate & Construction financial services Demographics Employment & Economic Dev. Education import/Export & Distribution
Hospitality & Tourism Medical & Health Care
Business Resources Government
88
Legislative Representatives S.C. Governor Nikki R. Haley 1205 Pendleton St. Columbia, SC 29201 803-734-2100 www.governor.sc.gov S.C. Lieutenant Governor Glenn McConnell State House, First Floor P.O. Box 142 Columbia, SC 29201 803-734-2080 www.ltgov.sc.gov
U.S. Senate Lindsey Graham (R) 290 Russell Senate Office Building Washington, DC 20510 202-224-5972 www.lgraham.senate.gov Local office: 530 Johnnie Dodds Blvd., Suite 202 Mount Pleasant, SC 29464 843-849-3887 Tim Scott (R) 167 Russell Senate Office Building Washington, DC 20510 202-224-6121 www.scott.senate.gov Local office: 2500 City Hall Lane, 3rd Floor Suite North Charleston, SC 29406 843-727-4525
U.S. House of Representatives Mark Sanford (R) 1st District – Horry, Berkeley, Charleston, Dorchester and Georgetown counties 322 Cannon House Office Building Washington, DC 20515 202-225-3176 http://sanford.house.gov/ Local Office: 2000 Sam Rittenberg Blvd Suite 3007 Charleston, SC 29407 843-852-2222 James E. “Jim” Clyburn (D) House Majority Whip 6th District – Portions or all of 15 regional counties 2135 Rayburn House Office Building Washington, DC 20515 202-225-3315 www.house.gov/clyburn Local office: 1362 McMillan Ave., Suite 100 North Charleston, SC 29405 843-529-2708
State Senate To contact senators, visit www.scstatehouse. gov/member.php?chamber=S J. Yancey McGill (D) District No. 32 – Berkeley, Florence, Georgetown, Horry & Williamsburg counties 508 Gressette Building Columbia, SC 29201 803-212-6132 Ray Cleary (R) District No. 34 – Charleston, Georgetown & Horry counties 610 Gressette Building Columbia, SC 29201 803-212-6040
Clementa C. Pinckney (D) District No. 45 – Allendale, Beaufort, Charleston, Colleton, Hampton & Jasper counties 512 Gressette Building Columbia, SC 29201 803-212-6148
State House of Representatives To contact representatives, visit www. scstatehouse.gov/member.php?chamber=H Samuel Rivers Jr. (R) District No. 15 – Berkeley & Charleston counties 323D Blatt Building Columbia, SC 29201 803-212-6890
Lawrence K. “Larry” Grooms (R) District No. 37 – Berkeley & Charleston counties 203 Gressette Building Columbia, SC 29201 803-212-6400
Joseph S. Daning (R) District No. 92 – Berkeley County 310B Blatt Building Columbia, SC 29201 803-734-2951
Sean Bennett (R) District 38 – Berkeley, Charleston & Dorchester Counties 601 Gressette Building Columbia 29201 803-212-6116
Jenny Anderson Horne (R) District No. 94 – Charleston & Dorchester counties 308D Blatt Building Columbia, SC 29201 803-212-6871
John W. Matthews Jr. (D) District No. 39 – Berkeley, Calhoun, Colleton, Dorchester & Orangeburg counties 613 Gressette Building Columbia, SC 29201 803-212-6056
Patsy G. Knight (D) District No. 97 – Colleton & Dorchester counties 306B Blatt Building Columbia, SC 29201 803-734-2960
Paul Thurmond (R) District 41 – Charleston & Dorchester counties 513 Gressette Building Columbia, 29201 803-212-6172
Christopher J. “Chris” Murphy (R) District No. 98 – Dorchester County 310A Blatt Building Columbia, SC 29201 803-212-6925
*Vacant District No. 42 – Charleston & Dorchester counties George E. “Chip” Campsen III (R) District No. 43 – Beaufort, Charleston & Colleton counties 305 Gressette Building Columbia, SC 29201 803-212-6340 Paul G. Campbell Jr. (R) District No. 44 – Berkeley, Charleston & Dorchester counties 604 Gressette Building Columbia, SC 29201 803-212-6016
James H. “Jim” Merrill (R) District No. 99 – Berkeley & Charleston counties 308C Blatt Building Columbia, SC 29201 803-734-3072 Edward L. Southard (R) District No. 100 – Berkeley County 530D Blatt Building Columbia, SC 29201 803-212-6930 Joseph H. Jefferson Jr. (D) District No. 102 – Berkeley & Dorchester counties 304D Blatt Building Columbia, SC 29201 803-734-2936 Steven Goldfinch Jr. (R) District No. 108 – Charleston & Georgetown counties
Government | www.charlestonbusiness.com
306A Blatt Building Columbia, SC 29201 803-212-6927 David J. Mack III (D) District No. 109 – Charleston & Dorchester counties 328D Blatt Building Columbia, SC 29201 803-734-3192 Harry B. “Chip” Limehouse III (R) District No. 110 – Charleston County 326C Blatt Building Columbia, SC 29201 803-734-2977 Wendell G. Gilliard (D) District No. 111 – Charleston County 328A Blatt Building Columbia, SC 29201 803-212-6793 F. Michael “Mike” Sottile (R) District No. 112 – Charleston County 306D Blatt Building Columbia, SC 29201 803-212-6880 J. Seth Whipper (D) District No. 113 – Charleston & Dorchester counties 328C Blatt Building Columbia, SC 29201 803-734-3191 Robert W. “Bobby” Harrell Jr. (R) Speaker of the House District No. 114 – Charleston & Dorchester counties 506 Blatt Building Columbia, SC 29201 803-734-3125 Peter M. McCoy Jr. (R) District No. 115 – Charleston County 420D Blatt Building Columbia, SC 29201 803-212-6872 Robert L. Brown (D) District No. 116 – Charleston & Colleton counties 330D Blatt Building Columbia, SC 29201 803-734-3170 William E. “Bill” Crosby (R) District No. 117 – Berkeley & Charleston counties 310D Blatt Building Columbia, SC 29201 803-212-6879 Leonidas E. “Leon” Stavrinakis (D) District No. 119 – Charleston County 420C Blatt Building Columbia, SC 29201 803-734-3039
Secretary of State’s Office Mark Hammond, secretary of state 1205 Pendleton St., Suite 525 Columbia, SC 29201 803-734-2170 rdaggerhart@sos.sc.gov www.scsos.com
S.C. Department of Employment and Workforce Cheryl Stanton, executive director 1550 Gadsden St. P.O. Box 995 Columbia, SC 29202 803-737-2400 www.dew.sc.gov
State Superintendent of Education Mitchell M. “Mick” Zais, superintendent 1429 Senate St., Suite 1006 Columbia, SC 29201 803-734-8492 scsupted@ed.sc.gov www.ed.sc.gov/agency/superintendent
Charleston County Administrator W. Kurt Taylor Lonnie Hamilton III Public Services Building 4045 Bridge View Drive Charleston, SC 29405 843-958-4000 www.charlestoncounty.org Charleston County Council • Herbert R. “Herb” Sass III (District 1) 843-766-7500 hsass@charlestoncounty.org •
Dickie Schweers (District 2) 843-513-9229 dickieschweers@tds.net
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J. Elliott Summey (District 3) 843-200-4244 esummey@charlestoncounty.org
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Henry Darby (District 4) 843-901-6793 henrydarby@msn.com
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Teddie E. Pryor Sr., chairman (District 5) 843-958-4030 tpryor@charlestoncounty.org
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A. Victor “Vic” Rawl (District 6) 843-766-7334 vrawl@charlestoncounty.org
import/Export & Distribution
Office of the Governor Nikki R. Haley, governor 1205 Pendleton St. Columbia, SC 29201 803-734-2100 www.governor.sc.gov
State Treasurer’s Office Curtis M. Loftis Jr., state treasurer 1200 Senate St. P.O. Box 11778 Columbia, SC 29211 803-734-2101 treasurer@sto.sc.gov www.treasurer.sc.gov
Charleston County
Education
S.C. Department of Commerce Robert M. “Bobby” Hitt III, secretary 1201 Main St., Suite 1600 Columbia, SC 29201 803-737-0400 info@sccommerce.com www.sccommerce.com
S.C. Comptroller General Richard Eckstrom, comptroller general 305 Wade Hampton Office Building 1200 Senate St. Columbia, SC 29201 803-734-2121 cgoffice@cg.sc.gov www.cg.sc.gov
County Administration
Employment & Economic Dev.
Attorney General’s Office Alan Wilson, attorney general Rembert Dennis Building 1000 Assembly St., Room 519 Columbia, SC 29201 803-734-3970 info@scattorneygeneral.com www.scag.gov
Office of the Lieutenant Governor Glenn McConnell, lieutenant governor State House, First Floor P.O. Box 142 Columbia, SC 29201 803-734-2080 ltgovernor@scstatehouse.gov www.ltgov.sc.gov
Demographics
S.C. Department of Agriculture Hugh E. Weathers, commissioner 1200 Senate St. P.O. Box 11280 Columbia, SC 29211 803-734-2190 hweathe@scda.sc.gov www.agriculture.sc.gov
Commerce Department Small Business & Rural Development Maceo Nance, director 1201 Main St., Suite 1600 Columbia, SC 29201 803-737-0440 scbiznetwork@sccommerce.com www.sccommerce.com
financial services
Office of the Adjutant General Maj. Gen. Robert E. Livingston Jr., adjutant general 1 National Guard Road Columbia, SC 29201 803-806-4217 www.scguard.com
Real estate & Construction
Constitutional Offices
Hospitality & Tourism Medical & Health Care
Business Resources Government
www.charlestonbusiness.com |
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Real estate & Construction financial services
Colleen T. Condon (District 7) 843-225-7288 colleen@colleencondon.com
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Carroll S. Duncan (District 5) 843-494-1881 cduncan@dorchestercounty.net
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Anna B. Johnson (District 8) 843-795-3970 ajohnson@charlestoncounty.org
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William R. “Bill” Hearn Jr. (District 6) 843-851-8383 bill.wrhearn@gmail.com
Joseph K. Qualey (District 9) 843-693-3434 jqualey@charlestoncounty.org
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•
Berkeley County
Employment & Economic Dev.
•
Timothy J. Callanan (District 2) 843-469-5226
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Kenneth E. Gunn Jr. (District 3) 843-499-2244
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Cathy S. Davis (District 4) 843-323-2800
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Dennis Fish (District 5) 843-871-9028
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Jack H. Schurlknight (District 6) 843-761-4303
Government
Business Resources
Medical & Health Care
Hospitality & Tourism
Berkeley County Council Daniel W. “Dan” Davis, chairman and county supervisor Ext. 4094 • Phillip Farley (District 1) 843-747-2486
Education
Berkeley County Government 1003 U.S. Highway 52 Moncks Corner, SC 29461 Phone: 843-719-4234 (Moncks Corner) 843-723-3800 (Charleston) 843-567-3136 (St. Stephen) www.berkeleycountysc.gov
import/Export & Distribution
Demographics
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90
• •
Caldwell Pinckney Jr. (District 7) 843-753-7377 Steve C. Davis (District 8) 843-761-7727
Dorchester County
Jay Byars (District 7) 843-563-0196, 843-832-0196 byarsj@dorchestercounty.net
County Economic Directors
Berkeley County Economic Development Gene Butler 1003 U.S. Highway 52 P.O. Box 6122 Moncks Corner, SC 29461 843-719-4096 webecd@berkeleycountysc.gov www.berkeleycountysc.gov/dept/ economicdev Charleston County Economic Development Steve Dykes, director 4000 Faber Place Drive, Suite 140 North Charleston, SC 29405 843-958-4511 sdykes@charlestoncounty.org www.charlestoncountydevelopment.com Dorchester County Economic Development Jon Baggett 402 N. Main St. Summerville, SC 29483 843-875-9109 jon@dorchesterforbusiness.com www.dorchesterforbusiness.com
County Auditors
Berkeley County Janet Brown Jurosko 1003 U.S. Highway 52 P.O. Box 6122 Moncks Corner, SC 29461 843-719-4309; 843-723-3800, ext. 4309; 843-567-3136, ext. 4309 webaud@berkeleycountysc.gov
Dorchester County Administrator Jason L. Ward, administrator 201 Johnston St. Kenneth F. Waggoner Building St. George, SC 29477 843-563-0100 www.dorchestercounty.net
Charleston County Peter Tecklenburg 101 Meeting St. P.O. Box 614 Charleston, SC 29402 843-958-4200 ptecklenburg@charlestoncounty.org
Dorchester County Council
Dorchester County James “JJ” Messervy St. George Office: 201 Johnston St. St. George, SC 29477 843-563-0118 Summerville Office: 500 N. Main St. Summerville, SC 29483 843-832-0118
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Willie R. Davis (District 1) 843-832-0196, 843-563-0196 wdavis@dorchestercounty.net
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David Chinnis (District 2) 843-408-1504 dchinnis@dorchestercounty.net
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George Bailey (District 3) 843-563-2314 gbailey@dorchestercounty.net
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Larry Hargett (District 4) 843-514-7135 lhargett@dorchestercounty.net
Government | www.charlestonbusiness.com
County Treasurers Berkeley County Carolyn Umphlett 1003 U.S. Highway 52 P.O. Box 6122
Moncks Corner, SC 29461 843-719-4040; 843-723-3800 ext. 4040; 843-567-3136, ext. 4040 Charleston County Andrew C. Smith O.T. Wallace County Office Building 101 Meeting St., Room 108 Charleston, SC 29401 843-958-4360 asmith@charlestoncounty.org East Cooper Service Center: 1189 Sweetgrass Basket Parkway Mount Pleasant, SC 29464 843-856-1201 North Charleston Service Center: Lonnie Hamilton III Public Services Building 4045 Bridge View Drive Charleston, SC 29405 843-202-6691 St. Paul’s Service Center: 5962 S.C. Highway 165, Suite 300 Ravenel, SC 29470 843-889-3025 Dorchester County Mary L. Pearson Main office: 201 Johnston St. St. George, SC 29477 843-563-0165 Summerville branch: 500 N. Main St. Summerville, SC 29483 843-832-0165 mpearson@dorchestercounty.net Mailing address: P.O. Box 338 St. George, SC 29477
Tri-County Municipalities
www.charleston-sc.gov Building Permits: 843-724-7320 Business Licenses: 843-724-3711 Zoning: 843-724-3781 Folly Beach Population: 2,675 Mayor: Tim Goodwin 843-729-0298 timgoodwin52@gmail.com 21 Center St. P.O. Box 48 Folly Beach, SC 29439 www.cityoffollybeach.com Administrator: 843-708-9474 Building Official/Zoning Administrator: 843-588-7010 Goose Creek Population: 37,035 Mayor: Michael J. Heitzler 843-797-6220, ext. 1111 mheitzler@cityofgoosecreek.com 519 N. Goose Creek Blvd. P.O. Drawer 1768 Goose Creek, SC 29445 843-797-6220 www.cityofgoosecreek.com Planning Department: 843-797-6220, ext. 1118 Hanahan Population: 18,579 Mayor: Minnie Newman-Caldwell 1255 Yeamans Hall Road Hanahan, SC 29410 843-554-4221 www.cityofhanahan.com Harleyville Population: 699 Mayor: Charles Ackerman 119 S. Railroad Ave. P.O. Box 35 Harleyville, SC 29448 843-462-7676 www.harleyvillesc.com
Population based on 2011 census data Awendaw Population: 1,323 Mayor: Samuel N. Robinson 6971 Doar Road P.O. Box 520 Awendaw, SC 29429 843-928-3100 www.awendawsc.org Bonneau Population: 502 Mayor: Rembert E. Wrenn 420 Municipal Lane Bonneau, SC 29431 843-852-3385 www.bonneausc.com Charleston Population: 122,689 Mayor: Joseph P. Riley Jr. 80 Broad St. P.O. Box 652 Charleston, SC 29402 843-577-6970
Hollywood Population: 4,818 Mayor: Jacquelyn S. Heyward 6322 S.C. Highway 162 P.O. Box 519 Hollywood, SC 29449 843-889-3222 www.townofhollywood.org Isle of Palms Population: 4,225 Mayor: Richard F. “Dick” Cronin P.O. Box 508 Isle of Palms, SC 29451 843-886-9361 www.isle-of-palms.sc.us James Island Population: Approximately 11,500 Mayor: Bill Woolsey 1238-B Camp Road P.O. Box 12240 James Island, SC 29412 843-795-4141 www.jamesislandsc.us
Rockville Population: 137 Mayor: Mary Ann Cates P.O. Box 9 Wadmalaw Island, SC 29487 843-559-0938 www.townofrockville.com
Summerville Population: 44,738 Mayor: William C. Collins 200 S. Main St. Summerville, SC 29483 843-871-6000 www.summerville.sc.us
import/Export & Distribution
St. George Population: 2,141 Mayor: Anne Johnston 305 Ridge St. P.O. Box 904 St. George, SC 29477
Sullivan’s Island Population: 1,830 Mayor: Carl J. Smith 2050-B Middle St. P.O. Box 427 Sullivan’s Island, SC 29482 843-883-3198 www.sullivansisland-sc.com
Education
Meggett Population: 1,253 Mayor: Harry V. “Buster” Herrington III
North Charleston Population: 99,727 Mayor: R. Keith Summey 2500 City Hall Lane P.O. Box 190016 North Charleston, SC 29419 843-554-5700 www.northcharleston.org Building Inspection & Permits: 843-740-2569 Zoning: 843-740-2578
Ridgeville Population: 1,998 Mayor: James Williams P.O. Box 238 Ridgeville, SC 29472 843-871-7960
Seabrook Island Population: 1,752 Mayor: William F. Holtz 2001 Seabrook Island Road Seabrook Island, SC 29455 843-768-9121 www.townofseabrookisland.org
Employment & Economic Dev.
McClellanville Population: 509 Mayor: Rutledge B. Leland III 405 Pinckney St. McClellanville, SC 29458 843-887-3712 www.townofmcclellanville-sc.net
Mount Pleasant Population: 69,357 Mayor: Billy Swails 100 Ann Edwards lane P.O. Box 745 Mount Pleasant, SC 29464 843-884-8517 www.townofmountpleasant.com Building Inspection & Zoning: 843-884-5184 Business Licenses: 843-849-2786
Reevesville Population: 203 Mayor: Paul Wimberly P.O. Box 126 Reevesville, SC 29471 843-563-2058
St. Stephen Population: 1,750 Mayor: Robert B. Hoffman 124 Hood St. St. Stephen, SC 29479 843-567-3597
Demographics
Lincolnville Population: 1,165 Mayor: Tyrone E. Aiken P.O. Box 536 Lincolnville, SC 29485 843-873-3261 www.lincolnvillesc.com
Moncks Corner Population: 8,151 Mayor: William W. Peagler III 118 Carolina Ave. P.O. Box 700 Moncks Corner, SC 29461 843-719-7900 www.townofmonckscorner.sc.gov
Ravenel Population: 2,519 Mayor: Opal N. Baldwin 5962 S.C. Highway 165, Suite 100 Ravenel, SC 29470 843-889-8732 www.townofravenel.com
financial services
Kiawah Island Population: 1,662 Mayor: Charles R. Lipuma 21 Beachwalker Drive Kiawah Island, SC 29455 843-768-9166 www.kiawahisland.org
4776 S.C. Highway 165 Meggett, SC 29449 843-901-1213 www.townofmeggettsc.org
Real estate & Construction
Jamestown Population: 72 Mayor: Roy P. Pipkin 7604 S.C. Highway 41 P.O. Box 145 Jamestown, SC 29453 843-257-2233 www.bcdcog.com/pdf/Regional_Directory/ jamestown.pdf
Hospitality & Tourism Medical & Health Care
Business Resources Government
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91
Real estate & Construction
Hill Construction Co..................................................................20
Amerisips Homes......................................................................32
Home Telephone Co..................................................................83
Aqua Blue Pool and Spas..........................................................18
HUB International Southeast Limited.........................................78
Demographics
Atlantic International/Coldwell Banker.......................................12
InnPlace Charleston Airport Hotel..............................................65
BNC Bank.................................................................................29
J. Musselman Construction Inc.................................................12
Brantley Construction...............................................................18
K&L Gates................................................................................77
Employment & Economic Dev.
Caldwell Commercial Real Estate Services..................................9
Landmark Enterprises...............................................................41
Cassina Group, The...................................................................33
Lee & Associates......................................................................20
CB Richard Ellis Carmody LLC...................................................23
Liquid Box................................................................................59
CF Evans & Company Construction...........................................33
Lowcountry Graduate Center....................................................51
Charleston County Park and Recreation Commission................63
Mason Preparatory School........................................................53
Charleston Defense Contractors Association.............................85
MeadWestvaco.........................................................................55
Charleston Home Rentals..........................................................17
Montague Terrace.....................................................................61
Charleston Imaging Products....................................................82
MUSC.......................................................................................69
Charleston Landmark Builders..................................................16
NAI Avant..................................................................................11
Charleston Southern University........................................... 37, 47
Parker Land Surveying..............................................................19
Charleston Steel & Metal.................................................... 39, 80
PDA..........................................................................................67
Chastain Construction, Inc........................................................23
Porter Gaud School...................................................................51
Citadel Graduate College, The...................................................48
Pratt Industries............................................Inside Front Cover, 57
City of Folly Beach....................................................................62
Premier Logistics Solutions.......................................................58
College of Charleston................................................................45
Quality Touch Janitorial Services Inc..............Inside Back Cover, 7
Commonwealth/Brown & Brown Insurance...............................79
Reads Moving Systems.............................................................81
Consumers Choice Health Plan.................................................71
Rosen Hagood LLC...................................................................19
Coward-Hund Construction.......................................................14
Santee Cooper..........................................................................89
CTS International Staffing.........................................................39
SC Federal Credit Union............................................................31
Dan Ryan Builders Inc...............................................................10
SIOR Designation Charleston....................................................21
Daniel Ravenel Sotheby's International Realty.............................5
Sonitrol Security Systems of Charleston....................................83
Doctors Care UCI Medical Affiliates of SC..................................75
Southern Shores Real Estate Group...........................................22
Duffy & Young LLC....................................................................78
Spherion...................................................................................43
Durlach Associates...................................................................13
Steve Ross BB&T Mortgage........................................................8
Elaine Brabham & Associates....................................................17
Town of Mount Pleasant............................................................88
Electronic Merchants Systems..................................................80
Trident Construction....................................................................6
Elliott Davis LLC........................................................................25
Trident Health...........................................................................73
Francis Marion Hotel.................................................................64
Trident Technical College Continuing Education......Back Cover, 49
FrontDoor Communities............................................................10
Webster Rogers LLP..................................................................27
Grand Strand Insurance Services..............................................35
Weeks & Irvine LLC...................................................................15
Government
Hospitality & Tourism
import/Export & Distribution
Education
AlphaGraphics..........................................................................82
Medical & Health Care
advertiserS
Business Resources
financial services
INDEX OF
HDR Inc. of the Carolinas..........................................................39
92
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