Publication: GSA Business

First reported 5 hours ago - Updated 5 hours ago - 1 reports

S.C. index slips, but still points to growth

Staff Reportcolanews@scbiznews.comPublished Aug. 1, 2014Despite a slight drop, South Carolina’s Leading Index of economic indicators for June stayed in positive territory, indicating continued improvement in economic conditions, the S.C. Department of ... [Published GSA Business - 5 hours ago]
First reported Jul 31 2014 - Updated 9 hours ago - 1 reports

GSA readers split on immigration reform

Staff Reportgsanews@scbiznews.comPublished July 31, 2014Respondents to this week’s GSA Daily survey are split over issues of federal immigration reform and whether expanding a guest-worker program and allowing a path to citizenship for immigrant workers ... [Published GSA Business - Jul 31 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 1 reports

N.C. bank plans move into Upstate market

By Ashley Bonciminoashleyb@scbiznews.comPublished July 31, 2014Greensboro, N.C.-based NewBridge Bancorp announced plans to enter the S.C. market by hiring Thomas DeMint as the company’s head of syndicated finance, S.C. senior vice president and head of ... [Published GSA Business - Jul 31 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 1 reports

Independence Bank director resigns over ‘strategic direction’

Staff Reportgsanews@scbiznews.comPublished July 31, 2014Six-year Independence Bancshares Inc. director A. Alexander “Sandy” McLean III has resigned from the holding company’s board of directors due to his “disagreement with the strategic direction of ... [Published GSA Business - Jul 31 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Abbeville County plans $1.4M business incubator

Abbeville County can’t tout interstate access like some of its Upstate neighbors to attract business and industry prospects, but another enticement is in the works. Thirty-five miles away from Interstate 85, the rural county has built a 22,000-square-foot ... [Published GSA Business - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Travelers Rest gambling operator sentenced to one year and one day

Staff Reportgsanews@scbiznews.comPublished July 30, 2014A Traveler’s Rest businessman who ran illegal gambling operations for more than two decades, at times with help from law enforcement, has been sentenced to one year and one day in prison. A federal ... [Published GSA Business - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Paracycling race to have $4.5M impact in Upstate

Staff Reportgsanews@scbiznews.comPublished July 30, 2014Greenville will host the 2014 Para-cycling Road World Championships Aug. 28-Sept. 1, the first paracyling event hosted by the United States in 16 years. With Greenville Health System as the presenting ... [Published GSA Business - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Denny’s net income up 33% year over year

By Ashley Bonciminoashleyb@scbiznews.comPublished July 30, 2014Spartanburg-based Denny’s Corp. reported a 2% increase in sales and a 33% increase in net income for the second quarter compared with the same quarter last year.Denny’s stock trades on the ... [Published GSA Business - Jul 30 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Breweries benefit from Stone’s flirtation with S.C.

By Ashley Bonciminoashleyb@scbiznews.comPublished July 29, 2014S.C. brewers remain optimistic about the local craft beer industry even though the state is no longer in the running for Stone Brewing Co. ’s $29 million East Coast facility. Craft beer industry ... [Published GSA Business - Jul 29 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

AVX Corp. net income increases 47% year over year

Staff Reportgsanews@scbiznews.comPublished July 29, 2014Greenville-based electronic components company AVX Corp. reported a slight dip in net sales and a 47% increase in net income for the first quarter of fiscal 2015.AVX Corp. trades on the New York ... [Published GSA Business - Jul 29 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Developer plans 292 apartments near Haywood Mall

Staff Reportgsanews@scbiznews.comPublished July 29, 2014Birmingham, Ala.-based Daniel Corp. has applied with the city of Greenville to build 292 apartments near the Fluor Corp. campus in the Haywood Mall area, with entrances on Old Airport Road and Timmons ... [Published GSA Business - Jul 29 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

S.C. hospitals trim Medicare readmissions by 15%

Staff Reportcolanews@scbiznews.comPublished July 29, 2014A collaborative statewide effort among hospitals and other health care providers has led to a 15% reduction in preventable readmission rates, according to Medicare claims data.The reduction means ... [Published GSA Business - Jul 29 2014]

Quotes

"Reducing preventable readmissions is an important part of our statewide efforts in South Carolina to improve the quality of health care delivered to every patient,” said Rick Foster, senior vice president for quality and patient safety at the association. “We're very pleased to see these results as we continue to focus on helping patients and families manage their health and health care and avoid a return to the hospital."
"By modernizing the looms at the Landrum facility, we can update the styling of the carpet we produce there and keep the business viable for the men and women at the facility. This is a good investment for Mohawk and will help us remain the industry leader in high-end performance woven carpet,” said Miles Wright, vice president of commercial manufacturing for Mohawk Flooring, in a news release."
"This is a strategic acquisition for Meritage, expanding our Southeastern operations in a meaningful way by entering into two more growing housing markets in Atlanta and Greenville-Spartanburg, while also solidifying our position in the Charlotte market,” said Meritage Homes CEO and Chairman Steven J Hilton. “Legendary is a good fit for Meritage due to its customer base, land acquisition strategy and positive culture based on trust, honesty and quality construction.”"
...industry, access to low cost feedstock, transportation infrastructure and markets for biofuels" said Andrew Epting, alliance program manager. "Through these projects, our goal is working to facilitate clean energy manufacturing in the Interstate-95 corridor."

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S.C. index slips, but still points to growth [Published GSA Business - 5 hours ago]
Independence Bank director resigns over ‘strate... [Published GSA Business - Jul 31 2014]
N.C. bank plans move into Upstate market [Published GSA Business - Jul 31 2014]
GSA readers split on immigration reform [Published GSA Business - Jul 31 2014]
Abbeville County plans $1.4M business incubator [Published GSA Business - Jul 30 2014]
Travelers Rest gambling operator sentenced to o... [Published GSA Business - Jul 30 2014]
Denny’s net income up 33% year over year [Published GSA Business - Jul 30 2014]
Paracycling race to have $4.5M impact in Upstate [Published GSA Business - Jul 30 2014]
AVX Corp. net income increases 47% year over year [Published GSA Business - Jul 29 2014]
S.C. hospitals trim Medicare readmissions by 15% [Published GSA Business - Jul 29 2014]
Developer plans 292 apartments near Haywood Mall [Published GSA Business - Jul 29 2014]
Breweries benefit from Stone’s flirtation with ... [Published GSA Business - Jul 29 2014]
Upstate at forefront of building materials rese... [Published GSA Business - Jul 28 2014]
Clemson seeks construction bids on Greenwood ge... [Published GSA Business - Jul 28 2014]
Artisan cafe aims to elevate Upstate coffee cul... [Published GSA Business - Jul 24 2014]
National staffing group targets $752M Upstate m... [Published GSA Business - Jul 24 2014]
Sealed Air Corp. relocating 700 Upstate jobs to... [Published GSA Business - Jul 23 2014]
Greenville Tech rolls out online degree program... [Published GSA Business - Jul 23 2014]
Palmetto Bank reports flat net income, quarterl... [Published GSA Business - Jul 23 2014]
S&P raises Oconee County general obligation deb... [Published GSA Business - Jul 23 2014]
Bon Secours Wellness Arena begins $6.5M interio... [Published GSA Business - Jul 23 2014]
Apartments, retail space planned for Kline prop... [Published GSA Business - Jul 23 2014]
NRC questions timeliness of Oconee Nuclear Stat... [Published GSA Business - Jul 22 2014]
World Acceptance net income dips 2.4% in Q1; in... [Published GSA Business - Jul 22 2014]
Industrial market squeeze causes 40% drop in le... [Published GSA Business - Jul 22 2014]
S.C. tops nation in jobless rate decrease [Published GSA Business - Jul 22 2014]
S.C. construction jobs fall in June [Published GSA Business - Jul 22 2014]
Leader of failed Sunday sales petition vows to ... [Published GSA Business - Jul 22 2014]
Clemson seeking construction bids for Littlejoh... [Published GSA Business - Jul 21 2014]
Mauldin firm acquires construction pricing data... [Published GSA Business - Jul 21 2014]
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