Company to move operations to Greenville County
Nutritional supplement manufacturer Earth's Creation USA is moving its manufacturing operations from Miami-Dade County, Fla., to Travelers Rest, according to the state Department of Commerce. The move, a $2.8-billion investment, is expected to bring 44 jobs to Greenville. The company manufactures its own products, including vitamins and skin creams, and provides labeling services to customers. The 99,000-square-foot facility in Travelers Rest is on six acres of land.
Also . . .
▪ The sales of several BMW models produced in Spartanburg County helped push the German automaker's U.S. business up 1.2 percent in November. BMW of North America said it sold 36,447 vehicles during the month, compared with 36,028 in November 2014. For the year, the company said its sales have increased 4.9 percent to 364,603 vehicles, compared with 347,709 during the first 11 months of last year. And a BMW official said vehicles built in Spartanburg — the X3, X4, X5 and X6 — have been a big part of the increase.
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▪ Federal Reserve chairwoman Janet Yellen told Congress on Thursday that she regarded domestic economic conditions as sufficiently strong to start raising the Fed’s benchmark interest rate later this month. Yellen was making her final public appearance before the Fed’s policymaking committee meets Dec. 15 and 16, and her remarks to Congress’ Joint Economic Committee did nothing to diminish expectations that the Fed at that meeting will raise its benchmark rate from its slumber near zero for the first time since December 2008.
▪ A Volkswagen lawyer on Thursday said the company would like hundreds of federal civil lawsuits filed against the carmaker over its emissions cheating scandal to be consolidated in Michigan. Volkswagen’s attorneys were among hundreds of lawyers at a hearing in federal court in New Orleans to look at consolidating more than 460 lawsuits against the German carmaker, including at least four in South Carolina.
The Greenville News and the Associated Press contributed.