Charleston in the News
In automotive news, Volvo Car has announced it will double their initial $500 million investment and add an additional 1,900 to its original 2,000 employment estimate. The 1,600 acre Ridgeville, SC plant will produce the company’s S60 sedan.
The Governor says South Carolina is in the running for the new Toyota-Mazda plant, along with 10 other states. The collaboration will require 1,000 acres, 2 assembly lines, and 4,000 workers to produce 300K vehicles each year. The $1.6B plant would open in 2021 building a crossover for Mazda and the Corolla for Toyota, both for the US market.
The Citadel was named the South’s #1 public college. The College of Charleston (voted the most beautiful campus in the country by Travel +Leisure Magazine) was not far behind at #5. CofC was also tied for #2 college in the South for undergraduate teaching, according to US News and World Report.
Researchers from 10 SC universities, including the CofC and MUSC, have been awarded a $20M, five-year grant from the National Science Foundation.
According to the US Bureau of Labor Statistics, the Charleston tech community created almost ten thousand jobs in the year ending May 31st, 2017.
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