Business

Tiff erupts over TIF between 4 county council members and City of Cayce

Cayce Streetscape proposal. The City of Cayce has moved to establish Tax Increment Financing (TIF) to fund improvements to its Knox-Abbott corridor and other parts of the city. Tuesday, four members, of the nine-member Lexington County Council issued a press release in opposition to the Cayce TIF. Cayce Mayor Elise PArtin responed to the council memebrs, and so did Lexignton…

USC Moore School of Business program is ranked No. 1

Moore School of Business (Photo by Terry Ward.) The University of South Carolina’s international master of business administration program has again been ranked No. 1 in the latest  U.S. News & World Report’s “Best Graduate Schools report. The ranking was published last week. The program is a part of USC’s Darla Moore School of Business. It is the 28th consecutive year the…

House prices increasing, homes selling faster in Greater Columbia

New construction home sales are brisk in Harvest Glen in West Columbia. (Photo by Terry Ward.) The median price in the Greater Columbia area for a house increased by $4,250 to $154,250 in February compared to the same month a year ago. Houses are also selling a lot faster too in Greater Columbia. The average Days-on-the-Market dropped from 98 to…

Job numbers at record high, Lexington County has lowest unemployment rate

More people in South Carolina than ever were working at the end of January, but the rate of unemployment rose. That information comes from the monthly report issued Monday by Kristin Coulter of the S.C. Department of Employment Workforce. The number of people working rose by 9,373 in January from December 2016 to more than 2.2 million people. The number of…

Palmetto State Job Fair is Wednesday in Columbia

1/1Job fair Show Caption Hide Caption The 4th annual Palmetto State Job Fair- billed as the largest in South Carolina – is from 9 a.m. until 3 p.m., Wednesday. It’s at the Columbia Metropolitan Convention Center, in the heart of the Vista- downtown Columbia. It was formerly known as the SC Midlands Job Fair, but the job fair has become…

Land bought on Park Road for Lexington residential subdivision

NAI Avant announced, on Monday, the sale of 25 acres of land at 824 Park Road in Lexington. The property will be developed into a residential subdivision. The property is not far from Mt. Horeb United Methodist Church according to Google Maps. It is off of Old Cherokee Road and near Wise Ferry Road. Ernest Ambrose Hendrix RPW Development purchased…

West Columbia has $16.7 million unfunded liability because of State Retirement System

It grew by $1.5 million in a year

The City of West Columbia has done an excellent job minding its budget, but the city owes $16.7 million in unfunded liability to the S.C. Retirement System. CPA Bill Hancock informed West Columbia City Council that the unfunded liability is $16.7 million. (Photo by Terry Ward.) “It will be a budget challenge,” said Bill Hancock, a CPA with The Brittingham…

Boutique grocery store coming to Columbia’s Main Street 

City Center Partnership, in conjunction with the City of Columbia’s Office of Business Opportunities, is pleased to announce a boutique grocery store will open later this summer. The move was announced in a press release Monday. 1712 Main, Columbia. Ayme Rushing, a Columbia attorney, will open a 3,000 sq. ft. store called Local Yocal at 1712 Main Street. “Local Yocal…

Alimex investing $2 million, creating 27 jobs in Richland County

Aluminum Cast Plate Producer 

Alimex, a producer of precision aluminum plates, is launching operations in Richland County. The company is bringing $2 million of capital investment and creating 27 new jobs over the next five years. Founded in Germany in 1970, Alimex supplies the worldwide metal distribution, machining and processing industry with high-precision aluminum cast plates. Through continuous product innovations, the company has achieved…

House of Raeford plant fire in North Carolina not expected to affect Lexington County facilites

A fire that destroyed House of Raeford Farms “Wallace” (NC) processing plant will not affect much of the company’s operations in the Midlands. Alberton Volunteer Fire Department Photo. The fire happened early Sunday morning. No one was hurt, but the plant was lost. And about 675 workers now have no place to work. House of Raeford has a processing plant…

Cayce-West Columbia Chamber welcomes new members, Cayce American Legion speaker

Several new members of the Greater Cayce-West Columbia Chamber of Commerce were welcomed at the Chamber’s monthly Breakfast, Tuesday. New C-WC Chamber members. (Photos by Terry Ward.) New members announced are:  Chris Hass of Pollock Co.; Sue Love of Merchant Services Consultants; Summer Lee of Security Federal Bank; Cassandra Paden of the S.C. Federal Credit Union; and Melanie Wood, Rebecca…

Greater Lexington Chamber names award winners at Thursday gala

Left-to-right: Mike Till Award – Troy Simpson, Mid-Carolina Electric Cooperative Ambassador of the Year – Heather Corley, BB&TSmall Business of the Year – Trey Powell, Mosquito Joe of Lake MurrayYoung Professional of the Year – Allison Hedrick,Morgan & Associates, Inc. Large Business of the Year – Vaughn Dozier and CEO & President Mike Crapps, First Community Bank Otis Rawl, President/CEO,…

Carolina Classic Home and Garden Show coming March 10 – 12

The 51st Annual Carolina Classic Home and Garden Show has been scheduled for next month. It’s at the SC State Fairgrounds Friday, March 10 through Sunday, March 12 and presented by Clyde Nettles Roofing. Earl McLeod, of the Building Industry Association of Central South Carolina, issued a release about the show, Thursday. Admission is $5 per person; Kids 14 and…

Consolidated Multiple Listing Service moving to Westpark Blvd.

138 Westpark Blvd. (Photo Permitted.) Consolidated Multiple Listing Service (CMLS), has acquired the building at 138 Westpark Blvd. in Columbia, according to a release from NAI Avant. And CMLS, currently at 1905 Gadsden St., is moving. CMLS purchased the building from 1220 Pulaski, Inc for $864,000. The 7,200-plus sq. ft. office building will be the new headquarters for CMLS. NAI…

S.C. Treasurer Curtis Loftis fights The Establishment as workers’ billions burn

Thousands of Midlands state employees affected by retirment fund debt

Years before Donald Trump came from nowhere to shock the world; before Bernie Sanders almost did the unbelievable, there was S.C. Treasurer Curtis Loftis. Loftis at a Retirement System meeting. (Photos and graphics provided.) Loftis said South Carolinians should be “outraged” with the mismanagement of the multi-billion state retirement investment system. There are 500,000 state workers in the system and…

Stewart and Steven Mungo honored as United Way Humanitarians of the Year

 United Way of the Midlands will recognize Stewart and Steven Mungo as the 2016 Humanitarians of the Year award recipients. They will be recognized at United Way’s annual Humanitarian of the Year Dinner and Award Ceremony on Thursday at the University of South Carolina Alumni Center. Stewart and Steven Mungo. (Photo Contributed.) The Humanitarian of the Year Award is given each year…

Bee Safe Storage and Wine Cellar to be built in Lexington

Bee Safe and Wine Storage facility (From Bee Safe Website.) The owner and developer of the new Bee Safe Storage and Wine Cellar brand has bought 1.62 acres of property at the corner of Augusta Road and Cedarcrest Drive in Lexington. NAI Avant announced the sale yesterday via press release. The buyer is Carroll Capital Investments, LLC. the deal was…

Boeing South Carolina votes not to unionize

Lowcountry Graduate Center Photo. Use Permitted. Two days before a presidential visit, workers at Boeing South Carolina in North Charleston, rejected an invitation to join the Machinists union. An union organizer conceded, Wednesday, that workers voted not to join the International Association of Machinists and Aerospace Workers. The vote against unionization was almost 75 percent. About 3,000 workers voted. On…

Columbia area housing market warm in January

The Columbia housing market is starting the year 2017 with a jump, according to statistics from the S.C. Realtors. (Labeled for Reuse Photo.) Data released Tuesday showed an almost 7 percent increase in the number of homes sold in the Greater Columbia area. in January, compared to January 2016. There were 739 homes sold in the first month of this…

AT&T announces 100 percent fiber network for Columbia area

AT&T announced it is offering “Ultra-Fast Internet Speeds” for Columbia residential and business customers. Photo from Tuesday press conference in Columbia. ATT officials and Mayor Steve Benjamin. (Photo Submitted.) The new technology was announced Tuesday morning in Columbia at a press conference that included Columbia Mayor Steve Benjamin. “We are excited to add Columbia to the growing list of areas…

AT&T to unveil new technology Tuesday

AT&T has announced it will unveil new technology on Tuesday in Columbia. What: AT&T South Carolina State President Pamela Lackey and AT&T Director of External Affairs Ted Creech will join Columbia Mayor Steve Benjamin and AT&T executives for a major announcement about new technology coming to the Columbia area. Who: Columbia Mayor Steve Benjamin Pamela Lackey, AT&T South Carolina State…

Is President Donald Trump coming to South Carolina this week?

Donald Trump. (Permitted Photo.) CNN aviation editor Jon Ostrower, on his Twitter feed, is reporting that US Pres. Donald Trump is coming to South Carolina. “Donald Trump will visit Boeing’s South Carolina facility on Friday, the first sitting President to do so,” Ostrower posted on Twitter. Boeing’s facility in South Carolina is in North Charleston where the company makes the…

Lexington Mayor Steve MacDougall details improvement plan, recounts progress

State of the Town address was Monday

Town of Lexington Mayor Steve MacDougall delivered his “State of the Town” address Monday night. In it, MacDougall addressed traffic congestion, annexation and growth, and some key attractions that have become a part of Lexington’s personality. He also detailed infrastructure projects and funding for repairs that are lingering from flood damage. Lexington State of the Town Address Monday evening. (Photos…

Indah Coffee Co., Circa Barber Shop coming to Cottontown

The redevelopment of 2238 Sumter St. in the Cottontown neighborhood has been launched by the Cason Development Group has. The newest tenants are Indah Coffee Co. and Circa Barber Shop. Indah Coffee Co. Cason has also acquired 2222 Sumter St. and it will be redeveloped in the future. Rendering of Indah Coffee Co. at 2238 Sumter Street in Cottontown. (Photo…