AGP Executive Report
Last update: 2 hours agoTax Relief: South Carolina employers are projected to save about $360 million in 2027 as unemployment-insurance tax rates fall or hold steady for a 13th straight year. Manufacturing Investment: Italian manufacturer ERRECINQUE plans to invest $5 million in a Bluffton distribution and customer-support facility, creating more than 10 jobs. Hitachi subsidiary JR Automation has opened a $15.5 million, 215,000-square-foot Greenville automation center, with about 100 employees and room to grow. Newberry Growth: Vitreus is investing $800,000 in its first North American facility in Newberry County, with 15 jobs planned. Banking: Shareholders approved the merger of Durham-based M&F Bank with Columbia’s Optus, creating the nation’s largest Black-owned financial institution, with $1.27 billion in assets. Upstate Expansion: PNC plans 16 new branches in the region, while Mavis Tires & Brakes has opened a new Duncan location.
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