The State in Columbia SC Logo

SC business notebook, June 1 | The State

×
  • E-edition
    • Customer Service
    • About Us
    • Contact Us
    • Archive Search
    • Mobile & Apps
    • Newsletters
    • Photo Posters
    • Sponsorships

  • Obituaries
    • All News
    • Local News
    • Crime & Courts
    • South Carolina
    • Business
    • Politics
    • Education
    • Military
    • State
    • Nation/World
    • Civil Rights
    • Charleston Shootings
    • Data, Weather and Traffic
    • Databases
    • Weather
    • Traffic
    • All Politics
    • The Buzz
    • SC Salary Database
    • All GoGamecocks
    • Football
    • Recruiting
    • Phil Kornblut
    • Baseball
    • Men's Basketball
    • Women's Basketball
    • Other Sports
    • Columnists
    • Josh Kendall
    • Sports
    • GoGamecocks.com
    • Clemson Tigers
    • High School Sports
    • College
    • NFL
    • NBA
    • NASCAR
    • MLB
    • Golf
    • Columnists
    • All GoColumbia
    • Entertainment
    • Celebrities
    • Contests
    • Events & Movies
    • All Living
    • Food & Drink
    • Midlands
    • Health
    • Home & Garden
    • Religion News
    • Entertainment
    • Books
    • Social
    • Place Announcement
    • Features
    • Comics
    • Puzzles & Games
    • Horoscopes
    • Special Sections
    • Living Here Guide
    • All Opinion
    • Letters to the Editor
    • Submit a Letter
    • Editorials
    • Opinion Extra
    • Columnists
    • Cindi Ross Scoppe
    • Robert Ariail
    • Business
    • National Business
    • Technology
    • Shop Around

  • Classifieds
  • Jobs
  • Moonlighting
  • Virtual Career Fair
  • Cars
  • Homes
  • Place an ad
  • Mobile & Apps

Business

SC business notebook, June 1

    ORDER REPRINT →

May 31, 2013 10:00 PM

Boeing announces shift of additional work to S.C.

SEATTLE Boeing Co. announced Friday a significant shift of both current and future engineering work out of Washington state’s Puget Sound region, to South Carolina and Southern California. Boeing, which last year began producing 787s at a new plant in North Charleston, said it will establish a new propulsion operation in South Carolina that will initially do the engineering design and also assemble the engine nacelle inlet for the 737 MAX. The company said the South Carolina propulsion operation will “expand strategically on future airplane programs.” Boeing also said it will open an “engineering design center” in South Carolina that will “support Boeing’s business from product development through design, production and support.” The company has been snapping up land around its current Lowcountry campus.

One Midlands member retires from S.C. Public Service Commission

David Wright of St. Andrews retired Friday as a member of the state Public Service Commission, the agency that decides on utility rate hike requests. “I’m still young enough to do something else,” he said. “I’m looking for a challenge.” He plans to be a consultant on nuclear power and other energy issues as well as help raise money to battle colon cancer, a disease he has survived. Wright, 57, served on the PSC for nearly 10 years. Previously he was a state representative and Irmo mayor and councilman. His post as one of two Midlands members of the PSC could remain empty until a successor is elected by the Legislature next spring.

Sign Up and Save

Get six months of free digital access to The State

SUBSCRIBE WITH GOOGLE

#ReadLocal

Remediation head takes job in Washington state

AIKEN Savannah River Remediation President and Project Manager Dave Olson has accepted the position of overseeing Washington River Protection Solutions at Hanford. Hanford is a mostly decommissioned nuclear complex in Washington state. URS leads both the Savannah River Remediation and Washington River Protection Solutions contracts; Savannah River Remediation is the Savannah River Site’s liquid waste contractor. Olson will begin transitioning to his new duties in mid-June. Olson will replace Mike Johnson who is retiring at the end of June. Olson became Savannah River Remediation’s president and project manager in 2011, taking over for Jim French who accepted a URS international assignment in the United Kingdom. Olson told employees in a written message that is was a time of “mixed emotions” for him.

Market closes lower after afternoon sell-off

NEW YORK Stock prices closing sharply lower on Wall Street after a late afternoon sell-off. The Dow Jones industrial average ended down 208 points at 15,115 Friday, a loss of 1.4 percent. Pfizer led the Dow lower. The Dow held on to a gain of 1.9 percent for May and is still up 15 percent so far this year. The Standard & Poor’s 500 index lost 23 points to 1,630, a decline of 1.4 percent. The Nasdaq fell 35 points to 3,455, a decline of 1 percent. All 10 industry groups in the S&P 500 fell, led by health care and energy stocks.

Tim Flach, The Aiken Standard, The Seattle Times and The Associated Press contributed.

  Comments  

Videos

Nothing little about this barbecue restaurant’s buffet

‘We’re here to have a good time and enjoy life.’ Hip Wa Zee owner Leslie Minerd

View More Video

Trending Stories

Colorado ‘red flag’ gun bill passes first hearing

February 22, 2019 01:55 AM

Big innings power South Carolina to dominant series-opening win over Utah Valley

February 22, 2019 07:30 PM

Five storylines for South Carolina’s offense entering spring practice

February 22, 2019 07:50 AM

Scores, schedule and live updates from SC high school basketball playoffs

February 23, 2019 12:11 PM

Forest Acres bank robbery suspect arrested in Florida

February 23, 2019 09:14 AM

Read Next

Prosecutors paint dark portrait of manipulative R. Kelly

Celebrities

Prosecutors paint dark portrait of manipulative R. Kelly

By MICHAEL TARM Associated Press

    ORDER REPRINT →

February 23, 2019 08:12 PM

Prosecutors painted a dark portrait of a manipulative and sometimes violent R. Kelly at his bond hearing.

KEEP READING

Sign Up and Save

#ReadLocal

Get six months of free digital access to The State

SUBSCRIBE WITH GOOGLE

MORE BUSINESS

North Korea confirms leader Kim Jong Un on train to summit

National Business

North Korea confirms leader Kim Jong Un on train to summit

February 23, 2019 07:33 PM

National Business

Grijalva to push for permanent ban on new mining claims

February 23, 2019 05:57 PM

National Business

Utility cancels $130 million in worker performance bonuses

February 23, 2019 05:44 PM

National Business

Wyoming district will open 1-student school next fall

February 23, 2019 05:23 PM

National Business

Lawmakers unveil compromise budget plan

February 23, 2019 05:21 PM

National Business

Rhode Island lawmakers renew effort to end the tampon tax

February 23, 2019 05:08 PM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

Icon for mobile apps

The State App

View Newsletters

Subscriptions
  • Start a Subscription
  • Customer Service
  • eEdition
  • Vacation Hold
  • Rewards
  • Pay Your Bill
Learn More
  • About Us
  • Contact Us
  • Newsletters
  • News in Education
  • Archives
Advertising
  • Information
  • Place a Classified
  • Local Deals
  • Special Sections
Copyright
Privacy Policy
Terms of Service


Back to Story