Articles by scmfgmag

MUSC and Bristol-Myers Squibb Announce Translational Research Collaboration

The Medical University of South Carolina and Bristol-Myers Squibb Company (NYSE: BMY) today announced that they have entered into a translational research collaboration focused on fibrotic diseases, including scleroderma, renal fibrosis and idiopathic pulmonary fibrosis. The agreement includes studies designed to improve the mechanistic understanding of fibrosis,…


Inland Port Plays Key Role in Dollar Tree Site Selection

Dollar Tree’s $104.4 million investment in the Upstate can be tied directly to the Inland Port in Greer and its link to the international marketplace. In a release issued by the South Carolina Department of Commerce, Stephen W. White, Dollar Tree Chief Logistics Officer, said the efficiencies…


Sonoco Board Declares Regular Quarterly Common Stock Dividend

The Board of Directors of Sonoco (NYSE:SON) has declared a $.35 per share quarterly common stock dividend. The dividend will be paid on September 10, 2015, to shareholders of record as of August 14, 2015. According to Jack Sanders, president and chief executive officer, this is the…


Synalloy Names New Chief Financial Officer

Synalloy Corporation (Nasdaq:SYNL), a growth oriented company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, and specialty chemicals and the master distribution of seamless carbon pipe and tube, is pleased to announce that effective immediately,…


Permits Issued for Volvo Plant in Berkley County

The U.S. Army Corps of Engineers, Charleston District issued a permit today to Berkeley County for an advanced manufacturing and assembly facility to be developed by Volvo Cars of North America. The project, originally identified as “Project Soter”, was announced on May 11 to be for Volvo,…


State Officials Expect Deeper Port to Enhance Manufacturing Sector

The deepening of the Charleston harbor will do more than establish the port as the deepest on the East Coast, it will send ripple effects throughout South Carolina’s manufacturing community. Once deepening to 52 feet is realized, Jim Newsome, South Carolina Port Authority President and CEO, said…


BorgWarner Enters Into Agreement To Acquire Remy International

BorgWarner announced today that it has entered into a definitive agreement to acquire Remy International, Inc. (Remy), a global market leading producer of rotating electrical components. With key technologies and operations in ten countries on five different continents, Remy is strongly positioned to benefit from global growth. …


Quality a Top Business Priority for Manufacturers

As global manufacturers grapple with how to employ a unified product and service innovation approach to best succeed in today’s global economy, IDC Manufacturing Insights embarked on a survey to better understand manufacturers’ product and service innovation methods, practices, and plans. The results, highlighted in the new report,…


McCall Farms Investing $4 Million in Florence County

McCall Farms, the South Carolina-based manufacturers of Margaret Holmes, Glory Foods, Peanut Patch Boiled Peanuts and Bruce’s Yams, is expanding its existing Florence County operations with a new, state-of-the-art production facility. The $4 million investment is expected to generate 25 new jobs in Effingham, S.C. over the…


NTSB Member Robert Sumwalt to speak at SC Aerospace Conference

The second annual South Carolina Aerospace Conference and Expo announces that National Transportation Safety Board (NTSB) member Robert Sumwalt will be one of the keynote speakers for the conference, which will be held on Aug. 26-27, 2015. Sumwalt, a native South Carolinian and inductee in the South…