State says 19,020 jobs recruited in 2014

Commerce records 146 projects, 19,020 jobs recruited to state and more than $5 billion in capital investment in 2014

gsanews@scbiznews.com
Published Feb. 6, 2015

“South Carolina’s 2014 business recruiting year included 146 economic development projects topping $5 billion in capital investment. The relocations and expansions represent 19,020 jobs, some of which will be added in years to come.
Last year’s committed investments represent the third-highest recruitment total in state history, behind 2013 and 2011. New jobs recruited to the state in 2014 were 23% ahead of the previous year’s total. State Department of Commerce spokeswoman Allison Skipper said annual recruitment totals typically differ from announced totals as projects announce some time after they commit to coming to the state. This was the case in 2014.’

Manufacturing led all sectors in 2014, with 10,496 jobs, or 55% of the total and $4.65 billion in investment, or 92% of that total.
‘South Carolina is leading the Southeast in manufacturing job growth,’ Secretary of Commerce Bobby Hitt said in a statement. The state’s manufacturing employment has increased 13.5% since January 2011, according to the U.S. Bureau of Labor Statistics. Hitt said that ‘while manufacturing continues to be a major driver of our state’s economy, we are also seeing more project diversity as a sought-after location for corporate headquarters and other class A offices.’
‘As we recruit jobs in 2015, we will continue to promote South Carolina’s reputation as being ‘Just right’ for international business,’ Hitt said.”

Top 10 Announcements* of 2014
Employment:
1. LPL Financial Holdings, 3,000 jobs, York County.
2. The Lash Group Inc., 2,400 jobs, York County.
3. Giti Tire Holdings USA Ltd., 1,700 jobs, Chester County.
4. BMW Manufacturing Co., 800 jobs, Spartanburg County.
5. Medac Inc., 615 jobs, Aiken County.
6. Toray Carbon Fibers America Inc., 500 jobs, Spartanburg County.
7. Ruiz Food Products Inc., 500 jobs, Florence County.
8. Esurance, 450 jobs, Greenville County.
9. Wyman-Gordon, 400 jobs, Dillon County.
10. IQor US Inc., 320 jobs, Dorchester County.

Capital Investments:
1. BMW Manufacturing Co., $1 billion, Spartanburg County.
2. Toray Carbon Fibers America Inc., $1 billion, Spartanburg County.
3. Giti Tire Holdings USA Ltd., $560 million, Chester County.
4. GE Power & Water, $400 million, Greenville County.
5. Haile Gold Mine Inc., $3523 million, Lancaster County.
6. LPL Financial Holdings, $150 million, York County.
7. Portucel S.A., $110 million, Greenwood County.
8. The Ritedose Corp., $110 million, Richland County.
9. The Lash Group Inc., $90 million, York County.
10. Procter & Gamble – Duracell, $69 million, Lancaster County.

*Recruited figures represent projects that were won during the year 2014. Announcements made in 2014 may include projects that were recruited in the previous year and announced later.

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State says 19,020 jobs recruited in 2014

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