SC business notebook

January 4, 2013 

Red Ventures to hire 290 in Fort Mill by March

Red Ventures in Fort Mill is holding an interview day as it prepares to hire 290 full- and part-time inside sales professionals by March. Interview day is set for 10 a.m. to 4 p.m. Tuesday at the company’s office at 1101 521 Corporate Center Drive in Fort Mill. Potential employees will tour the office, meet team members and interview one-on-one with a hiring manager. Registration is required. Go to to reserve a space. The company partners with national brands in sectors such as entertainment, data and energy to bring them high volumes of customers.

Boeing jet orders surge; firm on track to be top plane maker

Boeing Co. said on Thursday that it delivered 601 planes last year, putting it on track to beat European rival Airbus as the top plane maker for the year. Airbus has beaten Boeing in deliveries in recent years, but Boeing is now cranking out its new 787 – partly from its new plant in Charleston – and a revamped 747 after delays for both aircraft. Its delivery total was the most since 1999 – the height of an Internet-driven boom and a time when airlines were relatively flush with cash. The following decade brought two U.S. recessions and airline bankruptcies. Boeing also says it booked orders for 1,203 commercial jets – its second biggest order year in the company’s history.

Sandy insurance payouts estimated at $25 billion

Natural disasters cost insurers $65 billion last year, with the United States accounting for nine-tenths of the bill and Superstorm Sandy prompting payouts of $25 billion, a leading insurance company said Thursday. However, Munich Re AG said that the total insured losses worldwide were down from a record $119 billion in 2011, when devastating earthquakes in Japan and New Zealand cost the industry dearly. The company said total economic costs in 2012 from natural disasters worldwide – including uninsured losses – amounted to $160 billion, compared with the previous year’s $400 billion. Sandy, which battered eastern coastline areas at the end of October, killed at least 125 people in the United States and 71 people in the Caribbean.

Hormel Foods to buy Skippy peanut butter

Hormel Foods apparently has a hankering for a peanut butter and bacon sandwich. The company primarily known for Spam and other cured, smoked and deli meats said Thursday that it’s buying Skippy, the country’s No. 2 peanut butter brand, in its biggest-ever acquisition. Skippy, which was introduced in 1932 and is a staple in American pantries, is intended to increase Hormel’s presence in the center of the supermarket where nonperishable foods are sold. It also gives the Austin, Minn.-based company a stronger footing in international markets. Skippy is sold in about 30 countries and is the leading peanut butter brand in China.

The Associated Press contributed.

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