The Board of Directors of Sonoco (NYSE:SON) today declared a $0.35 per share quarterly common stock dividend. The dividend will be paid on December 10, 2015, to shareholders of record as of November 13, 2015. According to Jack Sanders, president and chief executive officer, this is the…
Manufacturing conditions in the region continued to weaken in October, according to firms responding to this month’s Manufacturing Business Outlook Survey. The indicator for general activity remained negative, while the new orders and shipments indexes turned negative this month. Labor market indicators also weakened. The survey’s indicators…
The Oconee Economic Alliance recently launched a new marketing campaign focused on manufacturers. “Made In Oconee” is a coordinated marketing initiative established by the Oconee Economic Alliance to enrich the relationship between local manufacturers and the school district of Oconee County. This multi-tiered campaign highlights the products…
Tebis America, a software company specializing in CAD/CAM systems for design and manufacturing – servicing the tool, die, mold, aerospace, and automotive manufacturing industries, is opening a new office in the Southeast U.S. The new office will support efforts in Tennessee, Georgia, North and South Carolina, Florida,…
SCRA Applied R&D’s Jon Tirpak was appointed as ASM International Board President during their annual business meeting held at the Materials Science & Technology Technical Meeting and Exposition in Columbus, Ohio. Tirpak, Senior Program Manager for SCRA Applied R&D’s Advanced Materials Division, is directly involved in materials-dependent…
Cypress Creek Renewables, a company that specializes in the ownership and development of long-term solar energy projects, has taken first steps toward investing $10 million in a solar energy project in Darlington County. This investment adds to a $20.4 million investment in Lexington County solar operations, which…
The revelations that Volkswagen diesel engines were designed to meet emission regulations only during emission testing with special software offers important lessons for the leader of any size business. I certainly have no inside knowledge of the crisis, but clearly it points to deep-seated cultural problems in…
Sentiment regarding the direction of the global economy took a sharp turn downward among U.S. industrial manufacturers, according to the Q3 2015 Manufacturing Barometer, released by PwC US today. Global concerns also served to moderate optimism regarding the domestic outlook, while slowing plans to hire more workers….
While South Carolina has been in the national headlines due to record flooding, the state’s manufacturing machine remains largely intact. Now, the Palmetto state’s manufacturers are focusing on helping their communities recover. Although there have been some minor inconveniences, “the manufacturing industry not been significantly impacted,” said…
The Greenville Area Development Corporation (GADC)announced today that Magna International, a leading global automotive supplier, is expanding its S.C. manufacturing operations with a new exteriors facility in Matrix Park. The $50.8-million investment will go toward a new 165,000-square-foot exteriors facility at Matrix Park that is expected to…