Economic News

Charleston Economic News

January 25, 20251 min read

The Charleston economy is thriving, with significant investments and developments across various industries:

  • Boeing plans a $1 billion expansion in Charleston County, upgrading infrastructure at its existing site and creating 500 new jobs over the next five years.

  • A specialty contractor company, Wayne Brothers, is investing $35.5 million in a new office and operations center in Colleton County, bringing 170 new jobs.

  • The Medical University of South Carolina is embarking on a historic $175 million project to build a new College of Medicine, the first dedicated space for its flagship college in over a century.

  • M.C. Dean, a leader in designing and maintaining cyber-physical solutions, has opened a 25,000-square-foot office in the Charleston region.

  • Bishop Gadsden Episcopal Retirement Community is developing Seafields, a senior living facility on Kiawah Island, offering 89 independent and 16 assisted living residences for individuals aged 62 and older.

  • NUPI Americas, a plastics fabrication company, is expanding in Hampton County with a $7 million investment, adding 30 new jobs.

  • Ingevity, a specialty chemicals and materials manufacturer, is committing $53.3 million to its Charleston County facility over the next five years.

  • Charleston's first gaming services studio, PTW, has opened a 30,000-square-foot facility, making it the first gaming services provider in the region. This Japanese company plans to create hundreds of jobs in the coming years.

  • Mesa Land Services, a women-owned acquisition and title search solutions company, has launched operations in Charleston County with a $1.3 million investment, creating 24 new jobs.

These projects highlight Charleston's growing appeal as a hub for innovation, development, and economic opportunity.

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