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Atlas Copco constructing new facility in Rock Hill

Atlas Copco constructing new facility in Rock Hill

Construction will result in $20 million new investment Read More

Study Finds Rock Hill Workforce Ripe to Support Job Growth in Knowledge Park

Study Finds Rock Hill Workforce Ripe to Support Job Growth in Knowledge Park

Study Finds Rock Hill Workforce Ripe to Support Job Growth in Knowledge Park Read More

Rock Hill Unveils Its New BMX Track.

In York County, Rock Hill leaders have invested heavily in outdoor recreation as a way to boost economic development. The city recently unveiled the new $7 million BMX Supercross Track, located at the Rock Hill Outdoor Center, which is also home to the $4 million Giordana Velodrome, where cyclists race around a concrete oval track. This new complex is designed to help make Rock Hill a national destination for bike racing. In addition, Rock Hill has over the last few years opened Manchester Meadows, a sprawling soccer complex, as well as an 11-court tennis center. “Rock Hill has definitely placed and increased emphasis on active recreation and amenities as an economic development tool,” says Jason Flora, project manager forYork County Economic Development. “The prospects we pursue are routinely impressed with the quality of recreational options and initiatives we have.”

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South Carolina's Global Network

South Carolina's Global Network

More than 1,200 international firms have facilities in South Carolina, and this number continues to grow. Foreign-affiliated companies (majority-owned) employ more than 104,300 South Carolinians - seven percent of the state's private industry employment.

What's more, South Carolina Department of Commerce has offices  in Germany, China, and Japan to help companies establish, relocate and expand business operations in the U.S. and North American markets. Read More

Comporium Expands Zipstream to Five Area Business Parks

Comporium Expands Zipstream to Five Area Business Parks

ROCK HILL, S.C. – (July 25, 2014) – Businesses in five local business parks will soon enjoy the availability of Comporium’s new gigabit broadband service, known as Zipstream, according to Matthew Dosch, executive vice president – customer operations and external affairs. “When we announced the launch of Zipstream earlier this year for the City of Rock Hill’s Knowledge Park, we were also putting our plans in place to expand into the surrounding business clusters where fiber optics facilities existed,” said Dosch. “Businesses that need to transmit very large data files will see amazing reductions in downloading and uploading times, which is particularly helpful for services related to website and software development and 3D printing.” Comporium is aligning equipment and resources to enable the ultra fast broadband connectivity in the following locations around Rock Hill: Waterford Business Park, Airport Industrial Park, Rock Hill Industrial, Riverwalk Business Park, and Southcross Corporate Center. According to the York County Economic Development directory, these represent nearly 50 manufacturers, distribution centers and other businesses. Comporium’s Zipstream is almost 85 times faster than the company’s standard internet service by providing speeds of up to 1,000 megabits per second. Zipstream will be available to business accounts for $299 per month. For that price, business accounts will receive additional services such as service level agreements and additional email storage space. The company said the upgrade project began in early June and will take a couple of months to complete before bringing the business parks online. Zipstream is dependent upon a state-of-the-art network that contains the following: 1) all-fiber delivery, 2) cutting-edge network equipment, and 3) a robust path to the internet backbone that can carry significantly larger amounts of data than is carried today. To support the fast gigabit speeds needed currently and to provide the scalability needed for future bandwidth growth, Comporium turned to ADTRAN, a global leader in next generation broadband infrastructure, and its Total Access® 5004, which is designed to deliver higher rate premium services over the fiber network. The ADTRAN portfolio leverages its advanced services architecture to offer next-generation residential and business services onto a converged infrastructure.

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Growth of women-owned businesses in S.C. picks up speed

South Carolina ranks sixth in the nation over the past 17 years in the growth of women-owned businesses, according to American Express Open, which publishes an annual State of Women-Owned Business Report. The 2014 edition reports that the number of women-owned businesses in South Carolina has increased by 78 percent since 1997. No. 1 Georgia has grown at a rate of 118 percent, followed by Texas (98 percent) and North Carolina (91 percent). The report estimates that there are 9.1 million women-owned businesses in the U.S. That is up from 8.6 million in 2013. In the 2013 report, South Carolina was 11th in terms of women-owned business growth, at 68.6 percent. Therefore, the growth trend in the Palmetto State is accelerating. There is another State of Women-Owned Business Report out there as well. This one is an annual survey produced by Web.com and the National Association of Women Business Owners. The NAWBO report examines attitudes and doesn’t rank states. Here are some of its findings:

  • 80 percent of respondents said they are concerned with business tax issues, up from 68 percent in 2013
  • 51 percent are concerned about fuel/energy costs, up from 41 percent last year.
  • 41 percent plan to add jobs in 2014, compared to 31 percent the year before.  

There are a number of South Carolina manufacturers who seek out women-owned businesses as part of their supplier diversity programs. There are also federal tax breaks for companies that use minority and women-owned suppliers

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