Business

SC business notebook, May 31

Economic-development efforts awarded

South Carolina’s economic development efforts have rated it a 2013 Silver Shovel award from Area Development magazine, the governor’s office said Thursday. The national industry publication recognizes states in four population categories based on the highest quality and most jobs per capita, which have broken ground the previous year. South Carolina won in the 3- to 5-million population category. The state “continues to strengthen its reputation for being the ‘it’ state for business,” Gov. Nikki Haley said in a statement. The state won the award in 2009 and 2010 and won the Gold Shovel award in 2011 and 2012.

Tiremakers’ council created

South Carolina’s tire manufacturers have teamed up with the S.C. Chamber of Commerce to create a new Tire Manufacturers’ Council. Michelin North America, Bridgestone Americas Inc. and Continental Tire the Americas will work together on policy issues affecting the manufacturing of tires in the state. Steve Evered, vice president of government affairs for Michelin, will serve as the council’s first chairman. A new chairman from a member company will be appointed annually. With nearly $3 billion in S.C. expansions announced among the three companies over the past two years, South Carolina soon will be the largest tire manufacturer in the nation and already exports more tires than any other state.

Brewery opens tasting room

Conquest Brewing Company’s tasting room will have a grand opening Saturday at 947 S. Stadium Road, Bay 1, near Bluff Road. The local brewery made its debut at the World Beer Festival in January. The British Bulldog Pub will be serving food; growlers will be available for sale. Hours are 2-8 p.m. Details: ww.conquestbrewing.com.

Alcoa, Santee Cooper in talks

Alcoa and South Carolina’s state-owned utility have agreed to continue talks on a new power contract for the company’s aluminum plant outside Goose Creek. Alcoa and Santee Cooper said Thursday they have agreed to extend the company’s power contract deadline until the end of the year. The deadline, which had been the end of June, requires Alcoa to notify Santee Copper if it will not renew its electric contract expiring at the end of 2015. Alcoa has said it needs a break on its $4 million-a-week electric bill for the plant to remain in operation with its 640 workers.

Kristy Eppley Rupon, Betsey Guzior and The Associated Press contributed.

  Comments