S.C. tops in U.S. in adding jobs from foreign investment
South Carolina added more jobs due to foreign investment than any other state in the nation in 2011, according to the latest analysis by IBM-Plant Location International. The Belgium-based analytic firm ranked the Palmetto State above Texas and North Carolina, which were ranked second and third, respectively, in the 2012 report. Each year, IBM-PLI publishes a report titled Global Location Trends looking at foreign investment around the globe. The data are derived from IBM’s Global Investment Locations Database which tracks announcements by companies on their location decisions throughout the year. South Carolina’s growth in foreign jobs investment spiked 61 percent in 2011 from the previous year, moving the state to the top spot from its No. 6 ranking in 2010. The numbers in the new report were based on data gathered in 2011. Download the report here: www.ibm.com/gbs/pli
Airport terminal opening delayed
MYRTLE BEACH Glitches with delivery of materials have delayed the planned opening of the new terminal at Myrtle Beach International Airport for at least a month. The new terminal was expected to be fully operational Feb. 19, but work will be delayed at least 30 days due to delivery problems with some materials, including metal exterior panels, officials said. No new completion date has been released. Officials had been pushing to finish the $118 million expansion before the spring golf and tourist season started heating up. But officials said Wednesday that they don’t expect a delay to negatively affect the spring season; flights still will be operating through the existing terminal until the new terminal opens.
American Airlines gets a makeover
DALLAS American Airlines is rolling out a new look. The airline introduced a new logo and paint job Thursday in a video posted on its website. The red, white and blue stripes along the side of the fuselage are gone. There’s a new logo and a new paint scheme on the tail. The updated livery has been painted on a Boeing 777-300 that goes into service Jan. 31. American is close to emerging from bankruptcy protection. It’s considering whether to merge with US Airways.
GM overhauling U.S. fleet, factories
DETROIT General Motors says it will invest $1.5 billion in its North American factories this year. North American president Mark Reuss announced the figure in a speech Wednesday night but gave no details. The company says specific plants and job numbers will come later. GM is revamping 70 percent of its U.S. models as it switches from the oldest lineup in the industry to the newest. Reuss says the investment is in addition to the $10.2 billion GM already has spent on its factories since July of 2009, which resulted in 2,000 new U.S. jobs.
Jeff Wilkinson, The (Myrtle Beach) Sun News and The Associated Press contributed.