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EXPANDING YOUR BUSINESS IN SOUTH CAROLINA

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Region: Southeast

Capital City: Columbia

State Governor: Henry McMaster

Principal Cities: Aiken, Columbia, Charleston, Greenville, Spartanburg, Rock Hill, Myrtle Beach

+49-(89)-2919 170

sdomingues@sccommerce.com

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Top European Investments in South Carolina*

BMW

$2,00,000,000 combined / 500 jobs

e-VAC Magnetics

$506,000,000 / 300 jobs

ZF Transmissions

$500,000,000 / 400 jobs

Robert Bosch

$460,000,000 / 700 jobs

Pomega Energy Storage Technologies

$279,000,000 / 575

Volvo

$118,000,000 / -

* Since 2021

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A federally designated Tech Hub: The SC Nexus for Advanced Resilient Energy rankings

One of only five Regional Technology and Innovation Hubs focused on accelerating the nation’s energy transition.

South Carolina's Leading Industries

Click on the images for industry details.

Advanced Manufacturing

Advanced Materials

Aerospace

Agribusiness

Automotive

Distribution & Logistics

Electric Vehicles

Headquarters & Corporate Offices

Life Sciences

Research & Development

Technology

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From Launch to Legacy in South Carolina

A highly sought after destination for businesses located worldwide.

South Carolina Business Incentives

State Demographics - South Carolina’s Economy

5.4 % million
Population

as in 2023

Top 10
for attracting jobs through FDI

on a per capita basis as in 2023

# 2
Top Exporter of Passenger Vehicles in the U.S.

as in 2023 (HS Code: 8703 Motor Cars & Vehicles for Transporting Persons)

# 1
Top Exporter of Tires in the U.S.

as in 2023 (HS Code: 4011 New Pneumatic Tires, Of Rubber)

Located within 1000
miles of 66% of the U.S.’ Population
# 1
Cities to visit in the world

Charleston voted one of the top cities to visit in the world (ranked by Travel + Leisure)

# 1
undergraduate international business program

ranked by U.S. News & World

Top 10
Relocation destination in 2023

South Carolina has ranked among the leading destinations for in-bound movers since 2022

Success Stories of South Carolina’s International Corporations

Volvo

“Our South Carolina team has done a remarkable job producing the award-winning S60 and readying the plant for the next generation of electrified Volvo cars,” said Javier Varela, Senior Vice President Industrial Operations & Quality, Volvo Car Group. “Now, with the contract to produce the fully electric Polestar 3, we continue to expand our manufacturing operations for electrified vehicles.”

Polestar

“Polestar 3 will be built in America, for our American customers” says Thomas Ingenlath, Polestar’s Chief Executive Officer. “I remember the great response when I first shared Polestar’s vision here in the USA and I am proud that our first SUV will be manufactured in South Carolina. From now on, the USA is no longer an export market but a home market.

Mercedes-Benz

We are investing around half a billion dollars to create a top-notch Mercedes-Benz van plant here in South Carolina. This plant is key to our future growth in the very dynamic North American van market. Charleston is an excellent location for our new plant. The region has very highly-skilled workers, a dense network of reliable suppliers, and an outstanding logistics infrastructure that includes good transport connections to the nearby harbor. Just as important is the very good cooperation and support we’ve experienced at the local, municipal, and state levels." –Head of Mercedes-Benz Vans Volker Mornhinweg

BMW

“For nearly three decades, BMW has called South Carolina its second home. This expansion in our logistics operation represents our continued commitment to this state, and it will prepare Plant Spartanburg for the future. The new warehouse will allow us to consolidate our logistics processes as well as implement efficiency measures for a more sustainable logistics operation.” -BMW Manufacturing Co. President and CEO Robert Engelhorn

Bosch Rexroth

“We are very excited to see this continued investment in our business here in Greenville County, especially the investments linked to local R&D activities.” -Bosch Rexroth Technical Plant Manager Mike McCormick

Belimed Life Science, Inc.

“As a manufacturer of products used in the manufacturing process of life-saving vaccines and drug therapies, Belimed Life Science is excited to open our first U.S. site in Charleston, South Carolina. As the pharmaceutical and biotech industries continue to innovate for the benefit of all of us, the need for our products and services will continue to increase requiring future growth of Belimed Life Science. What better place to begin than here in Charleston.” -Belimed Life Science, Inc. President Ken Blankenship

Evolt

“Evolt remains at the forefront of the body composition technology space and continues to revolutionize the health and wellness industry across the United States and the other 25 countries we supply. As body scanners drive member engagement and pivot the self-care movement through the power of data and health metrics, consumers are leaning further into personalized solutions. We have already partnered with one of the largest fitness brands in the world – Anytime Fitness – and are currently rolling out to their network across the U.S. and worldwide. Our plan for the next five years is to continue our penetration into other verticals including pharmacies, supplement retail stores, corporate wellness programs and the body contouring industry.” -Evolt CEO Ed Zouroudis

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BMW Launch to Legacy Story

BMW's maverick decision to move manufacturing to South Carolina in 1992 was unheralded. Today, it is BMW's most productive plant.

Contact Information for your Business in South Carolina

Sérgio Domingues
Managing Director
European Office
FDI in Georgia USA - CASE

Almeida Palais
Brienner Straße 14
80333 München Germany

+49-(89)-2919 170

sdomingues@sccommerce.com

www.sccommerce.com

Roxana Gonzalez
Managing Director,
UK & Ireland
RoxanaGonzalez_SC_10-24_small

Mappin House, 1st Floor
Winsley Street
London W1 8HF
Great Britain


+44
7827 510 822

rgonzalez@sccommerce.com

www.sccommerce.com
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  15. South Caralina Department of Commerce. SourceSC Industry Directory. [accessed 2024 Mar 18]. https://scbizdev.sccommerce.com/sc-industry-directory/results

News about South Carolina

Grazie Mille, Confindustria Vicenza per ‘Obiettivo USA 2024’ – Our Investment Seminar in May 2024

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“Getting Started in the United States” – A Webinar with AmCham Estonia

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Italian Alupress AG investing $26 m, expanding operations in Laurens, SC

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CASE welcomes new Leaders in Three Members’ European Offices

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Protego (USA), Inc. expands its operations in Charleston County, SC

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$5.3 million investment will create 25 new jobs

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Dutch Meyn Group establishing first South Carolina operations in Oconee County

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Scout to innovate and electrify its American heritage at new $2 billion U.S. manufacturing facility near Columbia, S.C.

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BMW investing $1.7 billion to expand S.C. manufacturing capacity and footprint

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