Local News

By Jodi Shafto jshafto@postandcourier.comApr 20, 2022 A committee of Santee Cooper board members this week approved the $18.3 million sale of seven undeveloped lots the utility owns in a pair of industrial parks in Berkeley and Horry counties and gave the go-ahead to the first commercial business ... Read More - Santee Cooper sells $18.3M in land at 2 SC industrial parks

A third vehicle might join the Volvo Cars production line in South Carolina in a few years, according to a report by a website that says the new crossover will sit between the automaker’s mid-sized and biggest sport-utility offerings. Automotive News reported Feb. 8 that the unnamed vehicle would ... Read More - Volvo reportedly to build new crossover as 3rd vehicle at SC plant

The final delivery of bigger ship-to-shore cranes made its way to Wando Welch Terminal on Monday. The two cranes from Shanghai manufacturer ZPMC will give the Port of Charleston’s busiest container-handling site a total of 15 structures with 155 feet of lift height and the ability to serve three ... Read More - Final crane delivery boosts Charleston port’s big ship capacity

There are currently about 1,500 employees working at the Volvo manufacturing plant in Ridgeville. If they want to step away for a quick lunch or run errands after work, most have to travel at least 20 minutes out for basic conveniences. Especially during a timed break, that commute adds ... Read More - Camp Hall plans mixed-use park near Volvo plant

A deal could value the car maker at as much as $25 billion Volvo Cars, the Swedish auto maker owned by Zhejiang Geely Holding Group Co. of China, is completing plans for an initial public offering and is set to announce details of the listing as early as Monday, in a deal that could value the ... Read More - Volvo Cars Is Completing Plans for IPO in Stockholm

Polestar, the high-performance electric carmaker that’s building its next vehicle at the Volvo Cars manufacturing campus in Ridgeville, is going public in a deal that values the company at about $20 billion. The Volvo spinoff, founded in 2017 by China’s Geely Holding Group, will be listed on the ... Read More - Volvo Cars spinoff Polestar to go public

Palmetto Railways and state-owned electric utility Santee Cooper have finalized an agreement that will allow construction of a 22.7-mile rail line connecting the Volvo Cars campus in Ridgeville with a private carrier’s transfer station in Cross. Santee Cooper will give an easement to state-run ... Read More - SC Volvo plant’s rail plan gets its right-of-way from Santee Cooper

RIDGEVILLE — The farthest westward apartment development in the Charleston area will begin to take shape in October. The $41 million, 240-unit Preserve at Ridgeville will be built 35 miles from downtown Charleston on about half of a 27-acre wooded tract at 1050 Old Gilliard Road, also called S.C. ... Read More - 240-unit apartment project to begin construction off I-26 near Walmart and Volvo

Camp Hall has recently been named the No. 7 best industrial park in the nation for the second year in a row in Business Facilities Magazine’s 17th annual Rankings Report, the magazine’s annual assessment of economic development and location leaders. Camp Hall, which is located in Berkeley County, ... Read More - Camp Hall Ranks number 7 in Industrial Parks in the Nation