TODAY'S HEADLINES | OCT. 21, 2011

Midlands unemployment rate dips sharply

Unemployment in the Columbia metropolitan statistical area, which comprises six counties, shrank to 9.2% in September from 9.7% in August. Lexington County continued to have the lowest rate in the state, down 0.4 percentage point in September to 8.1% from 8.5% in August. Richland County’s rate was down 0.6 percentage point to 9.6% from 10.2% in August.

SC Liquidators leases former Morris Furniture

NAI Avant brokered the transaction for 50,000-square-foot warehouse on Shop Road.

SMD plans new facility, jobs in Clarendon County

Service Management Distribution has opened a building products distribution facility ...

TODAY'S HEADLINES | OCT. 20, 2011

TD Bank expanding Lexington mortgage team

TD Bank said Wednesday it will hire another 50 people at its loan center in Lexington. This is an addition to 50 the company hired last year, shortly after acquiring Greenville’s Carolina First.

First Community Corp. boosts profit three-fold

The Lexington-based holding company for First Community Bank increased net income in the third quarter to $790,000, more than three times the $228,000 in its year-earlier third quarter.

Sonoco announces leadership appointments

Vicki Arthur has been selected to lead Tegrant integration activities; Rodger Fuller and Howard Coker have been given expanded responsibilities fo...

Lexington/Columbia, S.C. Things to do October 21 - 27, 2011

Lexington SC Homes for Sale / Lake Murray Homes for Sale / Search MLS

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October 21 - 27, 2011
 

TODAY'S HEADLINES | OCT. 19, 2011

Health Sciences SC lands $11.25M grant

This major gift from The Duke Endowment can result in health care innovation, boost economy, and translate into healthier citizens in South Carolina.

Aging work force, management shortage facing manufacturers

Conducted by the Manufacturing Performance Institute, the study found that manufacturers must determine if they have the workforce, business systems, equipment and strategies in place to successfully compete in the future.

Sonoco boosted profit 30% in Q3

The Hartsville-based company, said net income for the third quarter rose to $77.2 million, from $59 million in the same quarter 2010. Third-quarter sales ...

TODAY'S HEADLINES | OCT. 18, 2011

Spirax Sarco buys building in Blythewood

NAI Avant brokered the deal, valued at $1.95 million, for 1101 Carolina Pines. The seller was ALD Thermal Treatment Inc.

S.C. housing shows signs of stabilizing, report says

The number of units on the market fell 15.4% in September – “a positive supply side trend that should bring additional stability,” according to the S.C. Realtors.

USC trustees elect Stone board secretary

Amy Stone, interim executive director of the Carolina Alumni Association, will succeed Tommy Stepp, who is retiring in December after 24 years in the position.

Baskins to chair independent college board

Henri Etta Baskins is retired ...

TODAY'S HEADLINES | OCT. 17, 2011

S.C. tire industry on a roll to become No. 1

With the completion of the Bridgestone and Continental Tire manufacturing facilities, tire production in South Carolina should reach 120,000 units daily, easily pushing the state to No. 1 in North America.

Bank of North Carolina buys another S.C. branch

On Friday, North Carolina state regulators closed Asheville, N.C.-based Blue Ridge Savings Bank Inc. The Federal Deposit Insurance Corp. was appointed receiver, and entered into a purchase and assumption agreement with Bank of North Carolina, Thomasville, N.C., to assume all of the deposits of Blue Ridge Savings Bank.

SCE&G, Santee Cooper await approval on ...