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  • Enterprise Zone Act of 1995 - a package of new tax incentives for qualifying manufacturers locating in a designated Enterprise Zone.
  • Capital investment announcements totaled $2.88 billion in 1994 (93% from manufacturing industries).
  • 7272 companies have announced new or expansion of existing manufacturing facilities in the past 10 years.
  • A strong, stable manufacturing based economy due to diversification of industries.
  • Chemical industries have been the major manufacturing investor since 1960 .
  • Textile and apparel industries have announced 15% of total capital investment since 1960.


Labor Force

  • Many colleges and universities located throuout the state.
  • 15 technical training resource centers operated by S.C.
  • The Special Schools Program provide pre-employment training


Location

  • Located midway between Miami and New York City
  • Within a 1,000 mile radius of
    • 35 states
    • 70% of U.S. population
    • 70% of U.S. retail sales


Transportation

  • Airports - major airlines proivide passenger and commercial service to all parts of the state at 9 commercial airports
  • Railways - rapid rail service to every part of the nation provided by 2,500 miles of railway.
  • Seaports - 3 seaports (Port of Charleston, Georgetown, and Port Royal)
  • Interstates and highways - 64,000 miles of roadway including five interstates



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