Upstate SC Alliance

FENECON, a provider of energy storage systems, is establishing its first North American operation with headquarters and manufacturing in Greenville County. The company’s $3 million investment will create 68 new jobs. “Fenecon is a high-tech German company whose products are advancing the energy transition, and we are excited for them to join the emerging advanced energy cluster in South Carolina,” says our President & CEO John Lummus in the release. “Their choice of the Upstate once again shows that our region is a great place for manufacturing world-class products.” https://bit.ly/4faiBEy #AdvancedEnergy #BatteryStorage #BusinessMovesHere #EconDev cc: Greenville Area Development Corporation (GADC)

Nordson Industrial Coating Systems is establishing their newest manufacturing facility for airless spray equipment in Laurens County. The $30 million investment will create 125 new production, machining, engineering and management jobs. https://bit.ly/3Lr6PHZ #BusinessMovesHere #Manufacturing cc: Laurens County Development Corporation

SCRA: South Carolina Research Authority is celebrating the opening of their new office in Greenville. Located downtown in the Greenville ONE Center, the office is centrally located and offers free conference rooms and collaborative meeting spaces for its member and portfolio companies. Fueling South Carolina's innovation economy, SCRA strives to support startups and increase collaboration with the state's leading universities. https://bit.ly/3zBGunT #Innovation #Collaboration

Food and beverage companies — both old and new — are thriving in Upstate South Carolina. For more than three decades, the Nestlé facility in Gaffney has been expanding its production of frozen food entrees. In 2019, Keurig Dr Pepper Inc. established its coffee roasting facility in Spartanburg County. New investments have continued to pour into the region, with the arrival of ramen noodle giant Nissin Foods, beverage-maker Milo's Tea Company, Inc., ready-to-eat-sandwich-maker E.A. Sween Company, and meat processer Tomahawk Processing. Trade & Industry Development highlights Upstate SC as a hotspot for food production, listing it alongside other powerhouse markets: Conecuh County, Alabama; Evansville, Indiana; Iowa; Laredo, Texas; Northern Colorado; and Shelby County, Indiana. “We have one-day access to 102 million consumers, a history of manufacturing expertise and supportive partners who understand what industry needs, all within a collaborative business environment,” says our President & CEO John Lummus in the article. https://bit.ly/3LhDzTX #FoodManufacturing #FoodProduction #BusinessMovesHere

Area Development has awarded South Carolina the highest honor in its 19th Annual Shovel Awards: the Platinum Shovel. With a total investment surpassing $7 billion and a promise of more than 8,500 new jobs, the Palmetto State is turning heads in economic development. Upstate SC's Nissin Foods and ZF Transmissions were submitted as top projects and directly contributed to South Carolina' recognition. https://bit.ly/45r5aLD #EconomicDevelopment #Mobility #EV #FoodManufacturing cc: ZF Group

MP Husky Cable Tray & Cable Bus, a manufacturer of cable support and power distribution systems, is expanding its Greenville County operations in Mauldin. The company's $11.1 million investment will create 35 new jobs. cc: Greenville Area Development Corporation (GADC) | City of Mauldin https://bit.ly/3zDYZby

Michelin North America is naming Matthew Cabe its new president and CEO, effective October 1. Across his 19-year tenure with Michelin, Cabe has held various leadership roles in engineering, manufacturing and marketing both in North America and at the global level. His international experience includes serving as senior vice president of Michelin's automotive regional brands line in Budapest, where he has worked since 2021. Cabe is also a graduate of two of South Carolina's major research hubs, Clemson University and the University of South Carolina Darla Moore School of Business. https://bit.ly/3VIzUo8

With $45 million in funding awarded by the U.S. Economic Development Administration, South Carolina will continue to establish its advanced energy workforce and research capabilities. Four projects across the state will leverage the SC NEXUS region’s dynamic manufacturing base, superior research capabilities, and proven record of public-private collaboration to commercialize emerging energy storage materials and manufacturing techniques. #TechHub #innovation #research

BMW Group has debuted the new BMW X3 at a ceremony celebrating 30 years of manufacturing at its Plant Spartanburg, and the opening of its $200 million press shop that will stamp sheet metal part for the new model. The new press shop, announced in March 2022, is creating 200 new jobs at the plant, which already employs about 11,000 workers. https://bit.ly/4buCKCd

Looking into financing options for your tech startup or small business? SC Tech, an initiative of the South Carolina Council on Competitiveness, is hosting the CAP Carolina Summer Webinar Series in installments starting on July 10. The series will provide a comprehensive overview of various financing options for tech startups and small businesses at different stages of growth in South Carolina. Topics include early-stage private financing options, state and federal funds, venture capital resources, loan information, small business resources, and many more opportunities. Each webinar will feature a diverse range of speakers representing all different parts of deal flow. https://bit.ly/3zeFeqR #Startup #SmallBusiness