MARKETFACTS August 19, 2019 | www.GSABusiness.com | Volume 22, No. 16
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Letter from the editor Publisher - Rick Jenkins rjenkins@scbiznews.com • 864.720-1224 UPSTATE NEWSROOM Editor - Ross Norton rnorton@scbiznews.com • 864.720.1222 Staff Writer - Teresa Cutlip tcutlip@scbiznews.com • 864.720.1223 Associate Editor, Custom Publishing Division Jim Tatum jtatum@scbiznews.com • 864.720.2269 MIDLANDS NEWSROOM Editor - Melinda Waldrop mwaldrop@scbiznews.com • 803.726.7542 Staff Writer - Renée Sexton rsexton@scbiznews.com • 803.726.7546 LOWCOUNTRY NEWSROOM
I toyed with the idea of putting a picture in this spot, rather than words. A picture with my signature below, and maybe a final line that said, “And that’s what’s going on here.” The picture would show the northward view from about the midpoint of the Liberty Bridge. From there you can see two big construction cranes and one smaller one. Those construction sites are blocking the view of a third construction crane a few blocks away. It’s an impressive amount of big construction to see from a vantage point that was not designed with vistas in mind. It’s at the bottom of a waterfall, after all — a somewhat high spot in one of the lowest places downtown. It’s not just construction you see from there. There’s food, culture, night life, natural beauty, new uses for old mills. It's growth and change. … Along with the odor of fresh paint and curing concrete, that’s what’s going on here. Ross Norton, Editor
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DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT
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here was a time when the next few pages would have featured graphics of yarn and looms. Now they’re dominated by a lot of automobiles and some facts and figures that reflect population growth, employment and income levels. It’s an appropriate mix, considering the impact the auto industry has had on everything else. What started as a single announcement by a one automaker in the early 1990s has grown to a statewide industry with three major vehicle manufacturers and hundreds of suppliers in buildings throughout South Carolina.
FAST FACTS » $10 BILLION
The value of automobiles and vehicle parts exported from South Carolina in 2018. Page 10
» 5TH
Nearly 60% of the people making an interstate move in South Carolina are moving into the state, the fifth highest rate in the nation. PAGE 13
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UPSTATE COUNTIES The 10 counties that comprise the Upstate each have distinctive characteristics. Together they make up the strong economic backbone of South Carolina. Here are some facts about the demographics and economy of each county.
ABBEVILLE COUNTY
CHEROKEE COUNTY
POPULATION
POPULATION
POPULATION
2010 2018 2023
2010 2018 2023
2010 2018 2023
25,417 25,484 25,455
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > >
(EST.)
> > > > > > > > > > > > > > >
TOP MANUFACTURING EMPLOYERS
187,126 201,906 211,950
> > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > >
(EST.)
> > > > > > > > > > > > > >
TOP MANUFACTURING EMPLOYERS
NUMBER OF EMPLOYEES
NUMBER OF EMPLOYEES
SAGE AUTOMOTIVE INTERIORS. . . . . . . . . . . . . . . . 416
ELECTROLUX HOME PRODUCTS. . . . . . . . . . . . . . . . . . . . . . . . . 1,950
FLEXIBLE & THERMAFLEX TECHNOLOGIES. . . . . . 415 PRYSMIAN POWER CABLES & SYSTEMS. . . . . . . . 320 BURNSTEIN VON SEELEN PRECISION CASTING. . . . . . . . . . . . . . . . . . . . . . . . 200 PRO TOWELS.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150
$36,772
> > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > >
(EST.)
55,342 57,807 58,991
> > > > > > > > > > > > > > > >
TOP MANUFACTURING EMPLOYERS NUMBER OF
EMPLOYEES NESTLE USAPREPARED FOOD DIVISION. . . . . . . . . . . . . . . . . 1,400
ROBERT BOSCH CORP.. . . . . . . . . . . . . . . . . . . . . 1,200
MILLIKEN & CO - ALLEN, LIMESTONE, MAGNOLIA PLANTS.. . . . . . . . . . . . . . . . . . . . . . . . . 989
MICHELIN NORTH AMERICA.. . . . . . . . . . . . . . . . . . 990
FREIGHTLINER CUSTOM CHASSIS . . . . . . . . . . . . . 909
GLEN RAVEN CUSTOM FABRICS. . . . . . . . . . . . . . . 600
HAMRICK MILLS. . . . . . . . . . . . . . . . . . . . . . . . . . . . 890
ORIAN RUGS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 550
TIMKEN CO.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 625
$49,116
$36,867
MEDIAN HOUSEHOLD INCOME, 2018
MEDIAN HOUSEHOLD INCOME, 2018
MEDIAN HOUSEHOLD INCOME, 2018
UNEMPLOYMENT RATE
UNEMPLOYMENT RATE
UNEMPLOYMENT RATE
GREENVILLE COUNTY
GREENWOOD COUNTY
LAURENS COUNTY
4.4%
3.8%
4.8%
POPULATION
POPULATION
POPULATION
2010 2018 2023
2010 2018 2023
2010 2018 2023
451,225 513,431 554,977
> > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > >
(EST.)
> > > > > > > > > > > > >
TOP MANUFACTURING EMPLOYERS
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
(EST.)
> > > > > > > > > > > > > > > >
69,661 71,053 72,275
TOP MANUFACTURING EMPLOYERS
> > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > >
(EST.)
> > > > > > > > > > > > > > >
66,537 68,268 69,447
TOP MANUFACTURING EMPLOYERS
NUMBER OF EMPLOYEES
NUMBER OF EMPLOYEES
NUMBER OF EMPLOYEES
GENERAL ELECTRIC CO.. . . . . . . . . . . . . . . . . . . 3,400
FUJI PHOTO FILM.. . . . . . . . . . . . . . . . . . . . . . . . . 1,170
ZF TRANSMISSIONS. . . . . . . . . . . . . . . . . . . . . . . 2,700
MICHELIN NORTH AMERICA.. . . . . . . . . . . . . . . . 1,650
EATON CORP.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1163
YANGFENG . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900
SEALED AIR CORP. - CRYOVAC DIVISION . . . . . . 1,300
CAROLINA PRIDE FOODS. . . . . . . . . . . . . . . . . . . . . 938
STERILITE CORP. . . . . . . . . . . . . . . . . . . . . . . . . . . . 812
DRIVE AUTOMOTIVE INDUSTRIES OF AMERICA. . . . . . . . . . . . . . . . . . . . 950
CARDINAL HEALTH (MEDTRONIC).. . . . . . . . . . . . . 625
COUNTRY FRESH. . . . . . . . . . . . . . . . . . . . . . . . . . . 550
LONZA. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 605
D&W FINEPACK. . . . . . . . . . . . . . . . . . . . . . . . . . . . 400
BOSCH REXROTH CORP. . . . . . . . . . . . . . . . . . . . . . 700
$54,819
$40,473
$43,136
MEDIAN HOUSEHOLD INCOME, 2018
MEDIAN HOUSEHOLD INCOME, 2018
MEDIAN HOUSEHOLD INCOME, 2018
UNEMPLOYMENT RATE
UNEMPLOYMENT RATE
UNEMPLOYMENT RATE
3.6%
8
ANDERSON COUNTY
4.3%
DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT | www.gsabusiness.com
4.3%
OCONEE COUNTY
PICKENS COUNTY
SPARTANBURG COUNTY
POPULATION
POPULATION
POPULATION
2010 2018 2023
2010 2018 2023
2010 2018 2023
74,273 77,725 80,384
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
(EST.)
> > > > > > > > > > > > > > >
TOP MANUFACTURING EMPLOYERS
> > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > >
(EST.)
> > > > > > > > > > > > > >
119,224 126,807 132,421
TOP MANUFACTURING EMPLOYERS
> > > > > > > > > > > > > > > >
284,307 311,771 330,347
> > > > > > > > > > > > > > > > > >
(EST.)
> > > > > > > > > > > > >
TOP MANUFACTURING EMPLOYERS
NUMBER OF EMPLOYEES
NUMBER OF EMPLOYEES
DUKE ENERGY. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1314
ABBOT. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 490
BMW MANUFACTURING CORP . . . . . . . . . . . . . . . . 8,880
BORGWARNER . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 940
RELIABLE AUTOMATIC SPRINKLER.. . . . . . . . . . . . . . . 450
MILLIKEN & CO.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,007
ITRON. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 930
YOKOHAMA AMERICA . . . . . . . . . . . . . . . . . . . . . . . . . . . . 378
MICHELIN NORTH AMERICA. . . . . . . . . . . . . . . . . . . 3,435
JTEKT/KOYO BEARINGS. . . . . . . . . . . . . . . . . . . . . . . . . . . 630
COMATROL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 336
ADIDAS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,520
SCHNEIDER ELECTRIC. . . . . . . . . . . . . . . . . . . . . . . . . . . . 532
CORNELL DUBILIER MARKETING.. . . . . . . . . . . . . . . . . 308
DRAEXLMAIER AUTOMOTIVE OF AMERICA. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,075
$42,876
MEDIAN HOUSEHOLD INCOME, 2018
4.2%
UNEMPLOYMENT RATE
$46,893
MEDIAN HOUSEHOLD INCOME, 2018
UNEMPLOYMENT RATE
UNEMPLOYMENT RATE
4%
> > > > > > > > > > > > > > > > > > >
(EST.)
> > > > > > > > > > > > > > > >
4%
SOUTH CAROLINA
POPULATION > > > > > > > > > > > > > > > > > > >
$49,047
MEDIAN HOUSEHOLD INCOME, 2018
UNION COUNTY
2010 2018 2023
NUMBER OF EMPLOYEES
28,961 28,164 27,678
TOP MANUFACTURING EMPLOYERS
The state ranked ninth nationally in total population growth from 2017-18 with an increase of 62,908.
NUMBER OF EMPLOYEES
DOLLAR GENERAL DISTRIBUTION CENTER. . . . . . . . . . . . . . . . . . . . . . . . . . . 561 TIMKEN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 305 GESTAMP AUTOMOCION. . . . . . . . . . . . . . . . . . . . . . . . . . . 291 MILLIKEN & CO - CEDAR HILL PLANT. . . . . . . . . . . . . 273 HAEMONETICS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116
$39,928
MEDIAN HOUSEHOLD INCOME, 2018
POPULATION 2010 2018
> > > > > > > > > > > > >
> > > > > > > > > > > > >
4,625,381 5,084,127
$48,781
MEDIAN HOUSEHOLD INCOME, 2017
3.2%
UNEMPLOYMENT RATE
5.3%
UNEMPLOYMENT RATE
Source: UpstateSCAlliance, SC Department of Employment and Workforce
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S.C. exporters sell $34.6 billion in goods South Carolina set a record for total export sales in 2018, marking the ninth consecutive year of growth. S.C. exporters sold $34.6 billion in products in more than 195 countries and territories around the world last year, up 7.5% from 2017, according to data from the S.C. Commerce Department.
54+8+1116
S.C.’s top export markets in 2018
Mexico: 8%
t h e r s: 5
Germany: 11%
ll o
Canada: 11%
A
4%
China: 16%
S.C.’s top-valued export commodities in 2018
$10 billion
Vehicles and parts
10
$8 billion Aircraft
Source: S.C. Commerce Department
$4 billion
Nuclear reactors, boilers, machinery and parts
DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT | www.gsabusiness.com
$2 billion Rubber
$1 billion Plastics
What are you making? The latest reports from the U.S. Bureau of Labor Statistics helps us compare and contrast the various regions of South Carolina from a wages and earnings standpoint. Will you make more money if you live in one area over another? That depends on your occupation, of course, but you likely will experience a range of cost of living pressures along with that extra coin in your pocket.
JOBLESS FIGURES IN S.C. METROS The Charleston metro area continues to have the lowest jobless rate in the state, also beating the national average of 3.6%.
METRO AREA
UNEMPLOYMENT RATE
Charleston-North Charleston Greenville-Spartanburg Columbia S.C. average Florence
2.8% 3.0% 3.2% 3.3% 3.8%
GOOD LUCK HIRING IN THESE MARKETS
96.9%
Fewer people are looking for work in the following 10 counties in South Carolina. COUNTY Charleston
EMPLOYED WORKFORCE 97.3%
Lexington
97.2%
Greenville
97.1%
Nationally, workers in the U.S. make about $1,152 per week, which is higher than South Carolina’s average of $828 a week.
Dorchester
97.1%
Berkeley
97.1%
COUNTY Berkeley Fairfield Charleston Greenville Richland Lexington Anderson Dorchester
York
97.0%
Spartanburg
97.0%
Jasper
97.0%
Saluda
96.9%
Newberry
96.9%
WEEKLY WAGES FOR S.C. COUNTIES WAGES $1,070 $1,004 $981 $936 $945 $803 $781 $710
$936 Greenville
Source: S.C. Department of Employment and Workforce, October 2018
Newberry
97% Jasper
97.1%
Berkeley
Source: U.S. Bureau of Labor Statistics, November 2018
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Automotive industry in South Carolina The 1992 announcement that BMW Manufacturing would build a plant in Spartanburg County sparked an era of economic growth in the Upstate. Today the auto industry is one of the state’s major movers.
$8.7 billion in capital investment from 2011 to 2017
Source: S.C. Department of Commerce
#1 in the export sales of both tires and completed passenger vehicles
400+ auto-related companies call S.C. home
4x- Over the last two decades, the size of South Carolina’s automotive industry has quadrupled 158,000 people in the automotive industry workforce 20,220 jobs added in automotive from 2011 to 2017
Source: ACT Work Ready Communities.
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Photo/U.S. Air Force Airman Joshua R. Maund
Defense dollars
Billions of dollars flow through the Palmetto State each year, supporting thousands of jobs and contributing a multiplier effect that ripples through the state’s economy. The Charleston region continues to be the top region for defense spending and No. 2 for jobs in the sector.
Top 10 counties for defense spending 2016
Total defense contracts in South Carolina in 2016 were valued at nearly $5 billion, with the Navy and the Marines ordering the majority of the work.
County Contract amounts
Charleston
Richland
Berkeley
Beaufort
Sumter
Marion
$101.7M
Greenville
$90.3M
58+21+147 7%
$1.2B
$290.3M
Air Force
$229.3M
14%
$133.6M
Other defense
$127.8M
$59.8M
Lexington
$49.4M
Pickens
Georgetown
Who orders the most work
Percentage of defense contracts
21%
58%
Army
$14.2M
Defense payroll in South Carolina Tens of thousands of people worked in the defense sector in 2016, which injected $2.4 billion in earnings and wages into the state’s economy. That was a decline over the past four years.
$2.8B
Source: U.S. Department of Defense, Office of Economic Adjustment
2013
$2.7B
2014
$2.6B
2015
Navy/ Marines
$2.4B 2016
S.C.: Among top states for movers Coming to S.C. 36.7%
Leaving S.C.
Reason Retirement
32.5%
12.6% 53.6%
Job
21.5%
Family
21.5%
Lifestyle
6.0%
Health
7.3%
4.7% States losing people in 2018
State/outbound % of moves Illinois.................................................................63.4% New Jersey.......................................................62.9% New York.......................................................... 60.6% Connecticut......................................................57.1% Kansas................................................................56.7% Massachusetts.............................................. 56.3% Ohio..................................................................... 56.2% Kentucky.......................................................... 56.0% Utah.....................................................................55.7% Wisconsin.........................................................54.5%
27.2%
States gaining people in 2018
State/inbound % of moves Vermont.............................................................72.7% Oregon............................................................... 63.8% Idaho...................................................................62.4% Nevada...............................................................61.8% South Carolina...............................................59.9% Washington.................................................... 58.8% North Carolina................................................57.0% South Dakota..................................................57.0% Alabama............................................................54.4% Colorado............................................................53.8%
Source: United Van Lines
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BMW jobs in South Carolina 10,000 The number of jobs onsite
Everyone immediately knew it was a big deal when BMW announced in 1992 its intention to build an auto assembly plant in Spartanburg County. Only dreamers would have guessed that the original (and impressive) $600 million investment would grow over time to something approaching $10 billion.
$38.5 Billion
According to a 2017 Darla Moore School of Business study, BMW had a $38.5 billion economic impact, corresponding to 103,921 jobs. Source: BMW Manufacturing
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11,000
The number of jobs expected onsite by 2021
Volvo Cars By the Numbers
Mercedes-Benz Vans By the Numbers
The current number of workers at the Berkeley County site building the S60, which is already in production and being sold at dealerships.
The number of workers at Mercedes-Benz Vans in Ladson in 2015 hired to reassemble Sprinter and Metris vans, which arrived in parts from Europe.
2,000
1,100
1,400
130
The number of workers Volvo Cars plans to employ for S60 production, with hiring expected to continue at the plant through 2019.
The number of workers at the Mercedes-Benz Vans site building Sprinter vans from the ground up along with Metris vans, which are still reassembled.
4,000
1,300
The total number of workers Volvo plans to employ to build both the S60 and the new XC90, which will enter production in 2022. Hiring for that vehicle has not yet started.
The number of workers Mercedes-Benz Vans plans to employ by 2020. The automaker is hiring for a third shift to build Sprinter vans. Source: Mercedes-Benz Vans, January data
Source: Volvo Cars, January data
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Accommodating the tourism sector
$39,505,146.46
Admissions taxes for selected counties
Amount of admissions taxes collected by South Carolina businesses and parks for fiscal year 2017-2018.
These counties were among the highest admissions tax collectors in South Carolina for the fiscal year. Not every county had enough businesses to make the annual reports.
$9,914,700
County Taxes 2017-2018
Horry
Charleston
The most admissions taxes were collected in Horry County for the 20172018 fiscal year.
$6,447,970
Richland
$4,190,652*
Beaufort
$4,078,479
Greenville
$9,914,700
-0.2% Admissions tax collections statewide were down slightly from the previous fiscal year.
$3,311,045
York
Pickens
Berkeley
$999,158
Aiken
$839,369
914
$2,237,251 $1,990,093
Lexington
$792,968
Spartanburg
$779,326
Georgetown
$695,102
Anderson
$515,525
$446,183
Florence
Dorchester
Number of licensed businesses charging admissions in South Carolina in 2018, up from 890 in 2017.
The Grand Strand Horry County accounts for more than 25% of the state’s admissions taxes, in part because of Myrtle Beach’s attractions.
+19.5% Spartanburg County saw the largest year-over-year percentage increase in admissions tax collections in 2017-2018 from the previous fiscal year.
-9.4%
*Richland County totals include admissions taxes for every park in the S.C. state parks system along with licensed amusements within the county.
$413,915
Sources: S.C. Department of Parks, Recreation and Tourism, S.C. Department of Revenue
Berkeley County had the largest yearover-year percentage decrease in admissions tax collections in 2017-2018 from the previous fiscal year.
Humans in HR
Human resources managers are in high demand, the U.S. Bureau of Labor Statistics reports. That isn’t surprising with the number of job openings and the number of regulations that must be navigated.
HR managers’ compensation
State Annual salary
Virginia
Georgia
N. Carolina
$136,170 $125,900 $124,160
Florida
$107,950
Alabama
$105,670
S. Carolina
Tennessee
Mississippi
$102,930 $98,960
$54.47
$120,000
$90,000
16
Average hourly wage for HR managers in 2018.
$124,570
80
managers
$80,000 $70,000
Number of HR managers in the U.S. as of the latest employment survey in 2016.
Additional HR managers expected to be needed in the next 10 years.
$130,000
$100,000
136,100
12,300
$88,810
HR managers in S.C. - pay and number of hired possitions
$110,000
HR managers by the numbers
Florence
$104,680
460
$104,120
240
$103,380
$102,050
150
90
managers
managers
managers
managers
Greenville
Charleston
Spartanburg
Myrtle Beach
DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT | www.gsabusiness.com
$101,080
350
managers
Columbia
$88,600
50 managers Hilton Head
+9%
Ten-year job outlook for human resources managers.
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| DEMOGRAPHICS, EMPLOYMENT & ECONOMIC DEVELOPMENT
17
EDUCATION
A
lot has been said in the last couple of years about how well manufacturing jobs pay, and how the traditional four-year college experience is no longer the only reliable way to get ahead. And it’s true. However, the residents with the highest earnings are still those with college degrees. There is growing enthusiasm for workers who have both technical training and formal education. A number of programs take plant workers — some with degrees in disciplines such as mechatronics — and help guide them toward a bachelor’s degree. Greenville Technical College this year became the first technical college to offer a four-year degree.
FAST FACTS » 12.2%
Greenville County residents age 25 and older who have a graduate or professional degree. PAGE 22
» 41%
How much Clemson University tuition has risen since the 2008-’09 academic year.
PAGE 23
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| EDUCATION
19
20
EDUCATION | www.gsabusiness.com
DISTRICT DATA
1
GREENVILLE
7 SPARTANBURG 3 5 6
PICKENS
2017-2018 teacher pay, per pupil expenditure, and enrollment
CHEROKEE
2
OCONEE
4
1 4 5 ANDERSON
UNION
55 2
LAURENS 56
3
51
ABBEVILLE
ANDERSON 1
ANDERSON 2
ANDERSON 3
ANDERSON 4
ANDERSON 5
CHEROKEE
GREENVILLE
GREENWOOD 50
GREENWOOD 51
GREENWOOD 52
Average Teacher Salary..................................$47,735 Enrollment.................................................................... 3,011 Per Pupil Expenditure......................................$10,538 % of 12th graders tested................................... 40.2% SAT Score 2018...........................................................1044
Average Teacher Salary..................................$47,849 Enrollment................................................................... 2,612 Per Pupil Expenditure.......................................$10,138 % of 12th graders tested.....................................12.9% SAT Score 2017............................................................ 1149
Average Teacher Salary..................................$51,378 Enrollment.................................................................75,471 Per Pupil Expenditure.........................................$9,153 % of 12th graders tested.....................................51.9% SAT Score 2017...........................................................1089
Average Teacher Salary.................................$49,754 Enrollment................................................................ 10,058 Per Pupil Expenditure............................................ $8,130 % of 12th graders tested................................... 45.6% SAT Score 2017...........................................................1062
Average Teacher Salary.................................$50,255 Enrollment....................................................................2870 Per Pupil Expenditure.......................................$11,935 % of 12th graders tested....................................36.5% SAT Score 2017............................................................1061
Average Teacher Salary.................................$48,287 Enrollment.................................................................. 9,007 Per Pupil Expenditure.......................................$10,021 % of 12th graders tested.....................................51.9% SAT Score 2017...........................................................1034
ABBEVILLE
Average Teacher Salary.................................$46,839 Enrollment...................................................................3,792 Per Pupil Expenditure........................................$9,628 % of 12th graders tested................................... 33.2% SAT Score 2017...........................................................1069
Average Teacher Salary................................. $48,777 Enrollment..................................................................13,148 Per Pupil Expenditure........................................$9,477 % of 12th graders tested....................................48.7% SAT Score 2017...........................................................1045
Average Teacher Salary........................$44,018 Enrollment.......................................................940 Per Pupil Expenditure...................................... $10,872 % of 12th graders tested.....................................41.7% SAT Score 2016............................................................1015
50
52 GREENWOOD
Average Teacher Salary.................................$49,994 Enrollment...................................................................8958 Per Pupil Expenditure...................................... $10,527 % of 12th graders tested................................... 30.2% SAT Score 2017...........................................................1033
Average Teacher Salary..................................$50,671 Enrollment....................................................................1568 Per Pupil Expenditure......................................$10,520 % of 12th graders tested....................................48.4% SAT Score 2016............................................................1057
Lowest average teacher salary and lowest enrollment in the Upstate
LAURENS 55
LAURENS 56
OCONEE
PICKENS
SPARTANBURG 1
SPARTANBURG 2
SPARTANBURG 3
SPARTANBURG 4
SPARTANBURG 5
SPARTANBURG 6
SPARTANBURG 7
UNION
Highest average teacher salary and highest per pupil expenditure in the Upstate
Lowest average SAT Score in the Upstate
Average Teacher Salary..................................$47,325 Enrollment...................................................................5,787 Per Pupil Expenditure.......................................$10,126 % of 12th graders tested....................................35.5% SAT Score 2016...........................................................1008
Average Teacher Salary.................................$50,546 Enrollment..................................................................... 5119 Per Pupil Expenditure......................................$10,275 % of 12th graders tested....................................... 35% SAT Score 2016...........................................................1094
Average Teacher Salary..................................$51,362 Enrollment................................................................... 8,471 Per Pupil Expenditure........................................$9,879 % of 12th graders tested................................... 40.3% SAT Score 2016...........................................................1066
Average Teacher Salary..................................$49,321 Enrollment...................................................................2995 Per Pupil Expenditure.......................................$11,352 % of 12th graders tested....................................56.5% SAT Score 2016.............................................................975
Average Teacher Salary.................................$50,622 Enrollment...................................................................10,114 Per Pupil Expenditure....................................... $9,065 % of 12th graders tested....................................24.3% SAT Score 2016...........................................................1054
Average Teacher Salary..................................$50,144 Enrollment..................................................................11,452 Per Pupil Expenditure......................................$10,087 % of 12th graders tested................................... 44.9% SAT Score 2016...........................................................1080
Average Teacher Salary................................... $51,139 Enrollment................................................................ 10,345 Per Pupil Expenditure......................................$10,833 % of 12th graders tested....................................29.4% SAT Score 2016............................................................1091
Average Teacher Salary.................................$49,989 Enrollment.................................................................. 2,923 Per Pupil Expenditure.......................................$12,819 % of 12th graders tested.....................................31.7% SAT Score 2016............................................................1097
Average Teacher Salary.........................$51,521 Enrollment....................................................................7,378 Per Pupil Expenditure............................ $13,694 % of 12th graders tested....................................49.9% SAT Score 2016...........................................................1090
Average Teacher Salary.................................$49,622 Enrollment..................................................................16270 Per Pupil Expenditure........................................$8,629 % of 12th graders tested................................... 34.8% SAT Score 2016............................................................. 1115
Average Teacher Salary.................................. $51,749 Enrollment.................................................................. 2,853 Per Pupil Expenditure....................................... $8,980 % of 12th graders tested.....................................41.5% SAT Score 2016............................................................1077
Average Teacher Salary..................................$47,750 Enrollment..................................................................4,029 Per Pupil Expenditure....................................... $9,208 % of 12th graders tested.......................................46% SAT Score 2016.................................................931
Source: South Carolina Department of Education
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| EDUCATION
21
The connection between education and earnings The highest wage-earners in the Greenville region hold a college degree or higher. Someone who holds a graduate degree or higher makes about three times the wage of a person who dropped out of high school. As more skilled jobs come to the region the opportunity for those holding a degree will grow.
Educational attainment for population 25 years and over, 2017
5.4+8.4+24.920921.212.2 5+9.6+2921.410.5158.6 5+10.5+312110.6138 4.4%
Less than 9th grade
12.2%
Graduate or professional degree
8.3%
GREENVILLE COUNTY
21.2%
330,804
9.1%
Associate’s degree
20.0%
Some college, no degree
5.5%
Less than 9th grade
Graduate or professional degree
24.9%
High school graduate (includes equivalency)
Population 25 years and over:
Bachelor’s degree
8.6%
9th to 12th grade, no diploma
5.1%
7.5%
Less than 9th grade
Graduate or professional degree
9.6%
15.2%
Bachelor’s degree
SPARTANBURG COUNTY
9th to 12th grade, no diploma
Population 25 years and over:
10.6%
Associate’s degree
199,413
ANDERSON COUNTY
13.2%
Bachelor’s degree
Population 25 years and over:
29.1%
High school graduate (includes equivalency)
132,734
10.6%
10.5%
9th to 12th grade, no diploma
31.5%
High school graduate (includes equivalency)
Associate’s degree
21.5%
21.4%
Some college, no degree
Some college, no degree
Median earnings of population 25 years and over, 2017
Greenville
Spartanburg
Anderson
$70K $60K
THE TREND:
HIGHER DEGREE ATTAINMENT, HIGHER WAGES
$50K $40K
The highest median earnings are found in Greenville County, which also has the highest percentage of residents with a bachelor's degree or higher at 33.3%.
$30K
22
$27,731 $26,234 $27,357
$34,094 $32,719 $33,437
$49,161 $45,232 $50,796
$59,091 $53,268 $57,180
$37,778 $31,490 $37,810
$10K
$18,817 $21,252 $20,307
$20K
Less than high school graduate
High school graduate (includes equivalency)
Some college or associate’s degree
Bachelor’s degree
Graduate or professional degree
Median Earnings
Source: U.S. Census Bureau American Community Survey five-year estimates, 2017
EDUCATION | www.gsabusiness.com
Annual college tuition costs
- 2008—2009 - 2011—2012*
For selected S.C. public colleges and universities.
CLEMSON UNIVERSITY
- 2018—2019
$10,608
$14,970 $11,731
MUSC**
USC COLUMBIA*
$8,838
THE CITADEL
$8,428
COLLEGE OF CHARLESTON
$8,400
COASTAL CAROLINA
$12,616 $13,036 $12,418
$8,650 $7,806
SC STATE GREENVILLE TECHNICAL COLLEGE
*$3,748 $0
$2,000
$4,590 $4,000
$14,018
$11,536
43% 55%
$8,000
41% 19%
THE TREND:
THE COST OF HIGHER EDUCATION CONTINUES TO RISE
48% In 10 years the cost of higher education has grown exponentially. The Citadel’s tuition has risen the most with a 55% increase. The cost of attending Greenville Tech (data for 2008 through spring 2011 was not available) is about a third or less of the other schools listed.
33%
$11,060
42%
$10,000
$12,000
22% $6,000
- percentage change
$14,000
$16,000
Source: SC Commission on Higher Education for public universities *Excludes medicine, law and pharmacy **Excludes medicine, dentistry and pharmacy; includes nursing and health professions only
Colleges and Universities Ranked by 2019 Spring Enrollment School
Phone / Website / Email
Administrator(s) / Year Founded
Spring Enrollment
Faculty / Total Employees
Public / Private
Clemson University 201 Sikes Hall Clemson, SC 29634
864-656-3311 www.clemson.edu cuadmissions@clemson.edu
Embry-Riddle Aeronautical University - Worldwide 116A S. Pleasantburg Drive Greenville, SC 29607
James P. Clements, Robert Jones 1889
23,207
1,562 5,392
Public
Engineering, Business, Biological Sciences
864-233-5288 www.worldwide.erau.edu Greenville@ERAU.edu
P. Barry Butler 2007
15,174
149 460
Private
Aeronautics, Technical Management, Aviation Maintenance
Greenville Technical College 506 S. Pleasantburg Drive Greenville, SC 29607
864-250-8000 www.gvltec.edu InfoRequest@gvltec.edu
Keith L. Miller 1962
9,889
319 667
Public
Science, Arts, Science-Jumpstart
University of South Carolina Upstate 800 University Way Spartanburg, SC 29303
864-503-5000 www.uscupstate.edu info@uscupstate.edu
Brendan B. Kelly 1967
5,637
-
Public
Nursing, Business Administration, Criminal Justice
Furman University 3300 Poinsett Highway Greenville, SC 29613
864-294-2000 www.furman.edu admissions@furman.edu
Elizabeth Davis 1826
2,932
284 875
Private
Health Sciences, Politics and International Affairs, Business Administration
Anderson University 316 Boulevard Anderson, SC 29621
864-231-2000 www.andersonuniversity.edu webmaster@andersonuniversity.edu
Evans P. Whitaker 1911
2,892
154 674
Private
Nursing, Education, Business
Bob Jones University 1700 Wade Hampton Blvd. Greenville, SC 29614
864-242-5100 www.bju.edu info@bju.edu
Stephen Pettit, Gary Weier, Sam Horn 1927
2,830
187 598
Private
Business Administration, Nursing, Accounting
Lander University 320 Stanley Ave. Greenwood, SC 29649
864-388-8000 www.lander.edu admissions@lander.edu
Richard E. Consetino 1872
2,737
133 405
Public
Business, Nursing, Biology
North Greenville University 7801 N. Tigerville Road Tigerville, SC 29688
864-977-7000 www.ngu.edu admissions@ngu.edu
Gene C. Fant Jr. 1892
2,545
153 240
Private
Business, Sport Management, Elementary Education
Limestone College 1115 College Drive Gaffney, SC 29340
864-488-4371 www.limestone.edu admissions@limestone.edu
Darrell Parker 1845
2,246
100 365
Private
Business Administration, Social Work, Criminal Justice
Wofford College 429 N. Church St. Spartanburg, SC 29303
864-597-4000 www.wofford.edu marketing@wofford.edu
Nayef H. Samhat 1854
1,670
148 400
Private
Business, Biology, Economics
Southern Wesleyan University 907 Wesleyan Drive Central, SC 29630
864-644-5000 www.swu.edu admissions@swu.edu
Todd S. Voss 1906
1,410
54 224
Private
Business Administration, Education, Biology
Converse College 580 E. Main St. Spartanburg, SC 29302
864-596-9040 www.converse.edu admissions@converse.edu
Krista L. Newkirk 1889
1,132
83 207
Private
Psychology, Business Administration, Education
Spartanburg Methodist College 1000 Powell Mill Road Spartanburg, SC 29301
864-587-4000 www.smcsc.edu admiss@smcsc.edu
W. Scott Cochran 1911
837
45 130
Private
Business, English, History
Because of space constraints, sometimes only the top-ranked companies are printed. View the full list of participating companies at www.scbiznews.com/ buy-business-lists. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com.
Top Three Undergraduate Majors, by Enrollment
Researched by GSA Business Report staff
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| EDUCATION
23
MEDICAL & HEALTH CARE
T
raditionally, our state has not done well in polls that compare our health to people in other states. Despite the emphatic urging of our health care givers, we continue to put up some fairly lousy numbers in certain categories such as heart health and diabetes. The advice is emphatic because our daily choices regarding food and exercise play a key role. On the upside, health care providers are doing more than handing out advice. They are working aggressively to bring us more doctors and nurses, along with the latest health care methods and equipment.
FAST FACTS » 6X
Florida has roughly four times the population of South Carolina, but six times as many physician assistants. PAGE 26
» 45
TH
Despite pleas from health care professionals for us to follow a healthier diet, South Carolina’s ranking for diabetes cases dropped from 41 in 2014 to 45 in 2017. PAGE 29
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Helping the helpers Thousands of physician assistants practice medicine under the supervision of a medical doctor filling in the gaps and speeding up care for medical offices and internal medicine practices. More than 1,000 are actively certified to practice in South Carolina.
Number of PAs active in selected states
Physician assistant demographics for S.C
State Active Florida
6,094
North Carolina Georgia Virginia Tennessee South Carolina
4,227
91.7%
Most practicing physician assistants in S.C. are white.
67.8%
3,317
Virginia
$100,050
Georgia
$100,000
North Carolina
$99,393
Florida
Source: National Commission on Certification of Physician Assistants
Source: Henry J. Kaiser Family Foundation, October 2018
Primary care physicians per capita in the Upstate
$97,000
Tennessee
The majority of practicing physician assistants in S.C. are between the ages of 30 and 39.
1,051
$99,300
South Carolina
40.6%
1,208
Most physician assistants in S.C. are women
2,075
PA salaries in selected states
$85K
$95,000 $90K
$95K
Source: Becker’s Hospital Review, 2017
This chart shows the ratio of the population to primary care physicians. Primary care physicians include practicing non-federal physicians (M.D.’s and D.O.’s) under age 75 specializing in general practice medicine, family medicine, internal medicine and pediatrics. The ratio represents the number of individuals served by one physician in a county, if the population was equally distributed across physicians. For example, if a county has a population of 50,000 and has 20 primary care physicians, their ratio would be: 2,500:1
2,070:1
Abbeville
=100 population:PCP ratio
1,500:1
Anderson
2,460:1
Cherokee Greenville
960:1
Greenwood Laurens Oconee Pickens Spartanburg Union
26
MEDICAL & HEALTH CARE | www.gsabusiness.com
76 42
1,020:1
525
203
Greenville
12 Union
130
36
Anderson
1,820:1
Laurens
12
1,620:1
Abbeville
1,490:1
69
Greenwood
2,310:1
Cherokee
Spartanburg
Pickens
Oconee
1,850:1
23
=100+ =50-100 =0-50 =Number of PCP per county
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| MEDICAL & HEALTH CARE
27
S.C. ranks 39th in national survey of child well-being South Carolina ranked 39th in the nation in the Annie E. Casey Foundation’s 2019 Kids Count Data Book report. The state ranked 38th in children’s health, with five percent, or 60,000 of its children, without health insurance. This represents a 5% decrease in that number since 2010. Those numbers were in line with nationwide figures. Five percent of children, or 3.9 million, across the country lacked health insurance in 2017.
ECONOMIC WELL-BEING
The economic well-being of a child has a direct effect on a their health. Overall the economic well-being of families is improving over time, as the indicators below show. However, there is still a wide disparity when you look at the numbers by race/ethnicity.
Percentage of children in poverty 30 29 28 27 26 25 24 23 22 21 20
27.3%
Percentage of families where household head lacks a high school diploma
18% was the percentage of
children in the U.S. living in poverty in 2017.
26.4% 24.4%
14
12.8% 12.4%
11.8%
10.8%
10 8
23.0%
22.3%
6 4 2
2013
2014
2015
Percentage of children living in areas of concentrated poverty by race/ethnicity – White Non-Hispanic
2016
2017
0
2009 - 2013
2010 - 2014
2011 - 2015
– Black or African American
– Some other race
– Hispanic or Latino
20% 15% 10% 5% 2009 - 2013
HEALTH
2010 - 2014
2011 - 2015
S.C. compared to the U.S.
Number of infants who died before their first birthday per 1,000 annual live births by race. – White – Black or other race
– Black
– S.C. Low birth-weight babies
12
40%
9.7%
10
38%
8.3%
8
36% 34%
6
32%
Children and teen deaths per 100,000
4
30%
2
28%
2013
2013 - 2017
Infant mortality rate by race
42%
26%
2012 - 2016
Note: Non-Hispanic Black and African American is not available from the Census Bureau’s American Community Survey Summary tables. Therefore, race/ethnic groups represented in this table are not mutually exclusive. The category of white includes only nonHispanic white. The categories “Black or African American” and “Some Other Race” include Hispanic and non-Hispanic.
When you look at the health outcomes in South Carolina, they are improving over time. But when you break it down by race the disparity is clear. For example, the infant mortality rate for minorities is almost double that of whites.
Percentage of babies born to mothers with less than adequate prenatal care by race – White
2014
2013 - 2017
– Total Population
25%
0%
2012 - 2016
The estimated number and percentage of children under age 18 by race/ethnicity living in a census tract with an estimated poverty level of 30% or greater, as determined using American Community Survey 5-Year Estimates.
30%
2015
2016
2017
Percent births where birth certificate indicates mother with less than adequate prenatal care as measured by the Kessner Index.
28
11.3%
12
MEDICAL & HEALTH CARE | www.gsabusiness.com
0
2013
33 2014
2015
2016
2017
Percent births where birth certificate indicates mother with less than adequate prenatal care as measured by the Kessner Index.
26
– U.S. Children without health insurance 5.0%
5.0%
Teens who abuse alcohol or drugs 4.0%
4.0%
Source: The Annie E. Casey Foundation Kids Count Data Center
Opioid crisis in South Carolina Prescription drugs are the leading cause of drug-related overdose deaths. The governor’s office has instituted rules that cover prescribing drugs for patients by doctors in an attempt to curb the abuse of painkillers across the Palmetto State.
Number of drug-related overdose deaths in S.C.
782
800
684
641
700
748
572
600
Total drug overdoses
107 69
616
565
500
Number of drug-related overdose deaths by county
508
32
362
400
Greenville
300
68
100 0
2014
2015
- Prescription Drug Note: Catagories of drugs are not mutually exclusive Source: S.C. Department of Health and Environmental Control
144
108
95
57
2016
- Total Opioid
- Heroin
Anderson
Prescription drug overdoses
190
130
200
Spartanburg
79
45
2017
22
- Fentanyl Greenville
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Spartanburg
Anderson
| MEDICAL & HEALTH CARE
29
FINANCE
S
outh Carolinians are doing better than folks in almost every other state when it comes to keeping credit card debt under control. Per household, the average is about $5,800 — the second lowest in the nation behind Ohio with an average debt of about $5,400. Neighboring states Georgia and North Carolina average a little more than $7,000 per household. The Southeast in general has lower average credit-card debt, thanks largely to the overall lower living costs of the region.
FAST FACTS » $5,801
Average credit card debt per person in South Carolina in 2018. PAGE 34
» 56,606
The number of members of the Upstate’s largest credit union, SC Telco. PAGE 33
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The Upstate’s largest credit unions Assets and number of members as of Q4 2018, the latest data available $400,000,000
$368,914,848
MEMBERS
56,606 $350,000,000
$300,000,000 $241,320,797 $250,000,000
29,573
$181,409,067
17,543 $200,000,000
$112,817,556
$150,000,000
15,285
$99,475,970
12,284
$100,000,000
$91,700,740
13,387
$65,476,031
12,597
$51,763,095
7,286
$50,000,000
S.C. Telco Federal Credit Union
Greenville Federal Credit Union
MTC Federal Credit Union
Carolina Foothills Federal Credit Union
Greenville Heritage Federal Credit Union
Anderson Federal Credit Union
Upstate Federal Credit Union
Vital Federal Credit Union Source: National Credit Union Administration
www.gsabusiness.com |
FINANCE
33
Buy now, pay later Average household credit card debt in South Carolina is among the lowest in the U.S., according to analyses of government and financial data by debt management and credit counseling firms. Residents of Southern states generally carry the lowest consumer debt in the U.S.; however, Southerners carry more delinquent debt than the rest of the nation.
Average credit card debt per household in Southeastern states
48 million
State 2018 debt
South Carolina Tennessee Arkansas
Americans carrying month-to-month credit card debt.
$5,801 $6,217 $6,747
Georgia
$7,090
Alabama
$7,105
North Carolina Louisiana Virginia Florida Sources: InCharge, ValuePenguin, U.S. Census Bureau, U.S. Federal Reserve, S&P Global Market Intelligence
34
FINANCE | www.gsabusiness.com
$16,048
Average monthly household credit card debt.
$7,225
$5,700
$7,260 $7,867 $8,444
Average monthly credit card debt per person.
Banks
Ranked by Market* Share Institution
Phone / Website / Email
Top Local Official(s) / Year Founded
Market Share
Market Deposits
Market Branches
Wells Fargo Bank N.A. 15 S. Main St., Greenville, SC 29601
800-869-3557 www.wellsfargo.com
J. Mark Westmoreland 1852
15.69%
$3,978,170,000
36
Bank of America N.A. 101 N. Main St., Greenville, SC 29609
864-404-4100 www.bankofamerica.com
Stacy Brandon 1904
11.84%
$3,001,907,000
26
BB&T (Branch Banking & Trust Co.) B 301 College St., Greenville, SC 29601
864-242-8000 www.bbt.com
Mike R. Brenan, Jon M. Chilton 1872
10.47%
$2,654,442,000
28
SunTrust Bank B 300 E. McBee Ave., Greenville, SC 29601
864-255-7127 www.suntrust.com
David Torris 1891
8.35%
$2,116,633,000
23
TD Bank N.A. 104 S. Main St., Greenville, SC 29601
864-552-9025 www.td.com/us
David Lominack 1852
8.04%
$2,038,493,000
22
First Citizens Bank & Trust Co. 325 W. McBee Ave., Greenville, SC 29601
864-255-3700 www.firstcitizensonline.com
Chris Riley 1913
6.49%
$1,646,392,000
34
South State Bank 200 E. Broad St., Greenville, SC 29601
864-250-4455 www.southstatebank.com
Mike Coggin 1934
6.27%
$1,590,426,000
23
United Community Bank 550 S. Main St., Greenville, SC 29601
864-250-7656 www.ucbi.com
H. Lynn Harton 1950
4.63%
$1,174,670,000
24
Southern First Bank 100 Verdae Blvd., Suite 100, Greenville, SC 29607
864-679-9000 www.southernfirst.com
R. Arthur Seaver Jr. 2000
3.31%
$838,775,000
4
Bank of Travelers Rest 42 Plaza Drive, Travelers Rest, SC 29690
864-834-9031 www.bankoftravelersrest.com
R. Bruce White 1946
2.58%
$655,010,000
10
GrandSouth Bank 380 Halton Road, Greenville, SC 29607
864-770-1000 www.grandsouth.com
2.07%
$525,201,000
4
Carolina Alliance Bank 937 N. Pleasantburg Drive, Greenville, SC 29607
864-233-6915 www.carolinaalliancebank.com
1.90%
$482,124,000
5
Arthur State Bank 100 E. Main St., Union, SC 29379
864-427-1213 www.arthurstatebank.com
JB Schwiers 1998 John D. Kimberly Mr., David G. Barnett Mr. 2006 J. Carlisle Oxner III 1933
1.63%
$412,225,000
13
Synovus 201 E. McBee Ave., Greenville, SC 29601
864-241-7900 www.synovus.com
Charles W. "Chuck" Garnett 1905
1.35%
$342,235,000
5
Countybank 419 Main St., Greenwood, SC 29646
864-942-1500 www.ecountybank.com
R. Thornwell Dunlap III 1933
1.35%
$342,032,000
9
Community First Bank Inc. 3685 Blue Ridge Blvd., Walhalla, SC 29691
864-638-2105 www.c1stbank.com
Richard Burleson 1990
1.31%
$331,606,000
7
CresCom Bank 3695 E. North St., Greenville, SC 29615
855-273-7266 www.haveanicebank.com
Scott Frierson 2001
1.29%
$327,188,000
5
Pinnacle Bank 550 E. McBee Ave., Greenville, SC 29601
864-250-9800 www.bankofnc.com
Ed Stein 1991
1.18%
$299,597,000
6
*Market includes Abbeville, Anderson, Cherokee, Greenville, Greenwood, Laurens, Oconee, Pickens, Spartanburg and Union counties. Source: Federal Deposit Insurance Corp. deposit market share report as of June 30, 2018 (latest available at time of publication). Because of space constraints, sometimes only the top-ranked companies are published in the print edition. View the full list online at www.scbiznews.com/buy-business-lists. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com. B BB&T and SunTrust have announced plans to merge.
Researched by GSA Business Report staff
www.gsabusiness.com |
FINANCE
35
South Carolina banking performance FDIC insured institutions
Banks with assets less than $100M
Total assets
Banks with assets greater than $100M
Number of institutions reporting THE TREND:
$40B
$30B
$36.0B
$37.5B
THE TREND:
BIG BANKS
$28.1B
$20B
CONSOLIDATION
$35.2B $36.7B
The vast majority of assets are held by banks with assets greater than $100M. The amount of assets in the smaller banks has decreased from $861M in 2016 to $796M in 2018.
The number of banks in the state continues to decrease. This is mostly due to mergers and acquisitions in the banking world.
56
53
2016
2017
50
$27.2B $10B
0 2016
2017
2018
Percentage of unprofitable institutions, 2018 THE HEADLINE:
SMALLER BANKS NOT AS CONSISTENTLY PROFITABLE
When you take a closer look at the profitability of banks, you see a larger percentage of unprofitable smaller banks.
8+92
2018
Yield on earning assets THE HEADLINE:
YIELDS INCREASING ACROSS THE BOARD
The yields banks are earning on their assets continue to rise over time. This is true for both big and small banks.
4.06% 4.18%
4.12%
4.24%
4.23%
4.53%
8.0% of total institutions
Banks with assets less than $100M Banks with assets greater than $100M
36
2.6%
FINANCE | www.gsabusiness.com
25.0% 2016
2017
2018
Source: Federal Deposit Insurance Corp., Division of Insurance and Research
www.gsabusiness.com |
FINANCE
37
REAL ESTATE
A
downside to a booming economy can be that first item on the cost-of-living list: housing. Apartment rent has risen from an average of $753 per month in the Upstate in November 2013 to an average of $991 in November 2018. That’s despite the steady sounds of hammers and saws as thousands of new units were constructed during the same time period. Besides the personal challenges this causes individuals and families, it also can take a toll on the available workforce as people are forced to move to places farther away from their jobs. Several Upstate organizations are working to ensure that affordable housing continues to be part of the fabric that makes up all of our communities.
FAST FACTS » 10.69%
Apartment vacancy rate in the Upstate in February 2019
PAGE 40
» $43,000
SECTION SPONSOR
38
REAL ESTATE | www.gsabusiness.com
Increase in the median price of a home in Spartanburg from 2014 to 2018 PAGE 40
Upstate real estate market at a glance The real estate market is looking up in the Upstate. Prices and sales are up, and days on the market before sale are down in most communities. Continuing low interest rates have fueled buyers to take action. $220K
Area historical median home prices
– Western Upstate
– Spartanburg
– Greater Greenville
Source: South Carolina Association of Realtors, 2018 Annual Report $205K
$200K $189K $180K
$180K
$172K
$170K
$168K
$165K $160K
$160K
$155K
$151K
$150K
$145K
$140K
$137K
$135K
$125K
$120K
2014
2015
2016
Net absorption
Vacancy rate
Net absorption
Average rental rate (*nnn) All retail spaces
Average rental rate (*nnn) Retail shop space (<10,000 sf)
Vacancy rate
Average rental rate (full service) Net absorption
Office Data Trends
$20.95
50,314
$20.19
Retail Data Trends -203,266
16,290
$20.07
-28,136
24,628
12,098
-231
$10.39
$10.90
12.87%
2018 Q3
2018 Q2
3,397,332
835,206
$9.93
$10.09 $3.61
2019 Q1
2018 Q4
2018 Q3
2018 Q2
2019 Q1
11.78%
9.97%
9.80%
9.95%
40
2018 Q4
2018 Q3
REAL ESTATE | www.gsabusiness.com
717,454
$3.65
$3.43
$3.39
2018 Q4
2018 Q3
2018 Q2
5.36%
5.43%
5.40%
2018 Q4
2018 Q3
2018 Q2
10.02% 5.01%
2019 Q1
1,641,967
*nnn — net, net, net: Costs in addition to lease payments taken on by lessee, including taxes, insurance and site maintenance.
13.18% 12.88%
Industrial Data Trends
$11.08
$9.52 2018 Q4
Average rental rate (full service)
$13.63
$20.27 $9.74
2019 Q1
2018
Greenville real estate trends
Vacancy rate
40,111
2017
2018 Q2
2019 Q1
2018 Q4
2018 Q3
2018 Q2
2019 Q1
Source: Colliers International & CoStar
www.gsabusiness.com
| REAL ESTATE
41
GSA Apartment Rent Trends 2014-2018 $991 $1000
$971 $946 $933 $905
$899 $900 $857 $839 $806 $800 $774 $753
Source: Source: Real Data, Greenville Apartment Index, December 2018
$700 November 2013
May 2014
November 2014
May 2015
November 2015
May 2016
November 2016
May 2017
November 2017
May 2018
November 2018
Apartment building boom in the Upstate No. of units 4500
3,894
4000 3,154
3500 2,589
3000
2,967
2,711
2,233
2,115
2500 2000 1500 1000
1,491 734
500 November 2013
May 2014
November 2014
May 2015
Submarket comparison – Total units – Units under construction – Units proposed
0
November 2015 1,000
2,000
May 2016 3,000
Anderson
2,367
288
Greenville-Downtown
2,362
492
Greenville-East
2,278
Greenville-NW
November 2016 4,000
Spartanburg-West
6,000
November 2017 7,000
8,000
May 2018 9,000
November 2018 10,000
11,000
90 7,432
2,745
71
258 532 9,912
Greenville-South Spartanburg-East
5,000
May 2017
401 168
Greenville-NE
42
2,158
1,993
3,540 3,992
72
428
766
1,056
336 383 Source: Real Data, Greenville Apartment Index, December 2018
REAL ESTATE | www.gsabusiness.com
www.gsabusiness.com
| REAL ESTATE
43
Residential Real Estate Firms Ranked by $ Value of Residential Sales in 2018 in the Upstate Company
Phone / Website
Top Local Official(s) / Year Founded
Sales Volume: (2018) / Current No. of Listings
Upstate Offices / Residential Agents
Berkshire Hathaway HomeServices C. Dan Joyner, Realtors 745 N. Pleasantburg Drive Greenville, SC 29607
864-242-6650 www.cdanjoyner.com
Danny Joyner, David Crigler 1964
$1,066,012,426 4,419
11 417
Allen Tate Realtors 323 Buncombe St. Greenville, SC 29601
864-297-1953 www.allentate.com
Mark Bardo 1957
$506,210,096 2,038
9 148
Wilson Associates Real Estate 213 E. Broad St. Greenville, SC 29601
864-640-8700 www.wilsonassociates.net
Sharon P Wilson 2014
$162,152,591 380
1 26
Joy Real Estate Co. Inc. 309 E. Butler Road Mauldin, SC 29662
864-297-3111 www.joyrealestate.com
Craig Bailey 1975
$73,000,000 383
2 80
McAlister Realty 955 W. Wade Hampton Blvd., Suite 9B Greer, SC 29650
864-292-0400 www.builderpeople.com
Stan McAlister 1988
$61,122,503 308
1 19
Carolina Moves Real Estate 330 Pelham Road, Suite 200-B Greenville, SC 29615
864-448-1234 www.carolinamoves.com
Ernie Truman 2017
$35,749,734 167
1 20
Monaghan Co. Real Estate 422 College Ave., Suite 200 Clemson, SC 29631
864-639-1188 www.monaghan-co.com
Neil Monaghan 2007
$24,592,193 56
1 14
Del-Co Realty Group 2507 Wade Hampton Blvd. Greenville, SC 29615
894-292-3333 www.delcorealty.com
Lisa D. Alexander 1975
$21,000,000 96
1 18
Montgomery Realty Group LLC 471 Tramrod Trail Travelers Rest, SC 29690
864-416-1031 www.MontgomeryRealtySC.com
Michael Montgomery 2010
$18,823,464 101
1 10
Buice Realty Inc. 718 E. Frederick St. Gaffney, SC 29340
864-489-7194 www.BuiceRealty.com
Jeff Buice 1973
$18,500,000 150
1 6
Top Guns Realty Inc. 15481 N. Highway 11 Salem, SC 29671
800-682-9098 www.lakekeoweerealestateexpert.com
Matt Roach 1998
$17,021,400 63
1 2
Fathom Realty SC LLC 1200 Woodruff Road, Suite A-3 Greenville, SC 29607
864-513-6284 www.greenville.fathomrealty.com
Dan Lang, Gene Donohue -
$11,245,950 46
1 21
Because of space constraints, sometimes only the top-ranked companies are published in the print edition. View the full list online at www.scbiznews.com/ buy-business-lists. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com.
44
2018 Market Facts | Special Advertising Supplement
Researched by GSA Business Report staff
Commercial Real Estate Firms Ranked by No. of Sale/Lease Transactions in 2018 Company NAI Earle Furman 101 E. Washington St., Suite 400 Greenville, SC 29601 Spencer Hines Properties LLC 380 S. Pine St. Spartanburg, SC 29302 CBRE Inc. 101 N. Main St., Suite 1400 Greenville, SC 29601 BHHS C. Dan Joyner REALTORS Commercial Division 24 Vardry St., 4th Floor Greenville, SC 29601 Colliers International 55 E. Camperdown Way, Suite 200 Greenville, SC 29601 Langston-Black Real Estate Inc. 1001 W. Wade Hampton Blvd. Greer, SC 29650 Lee & Associates Greenville 101 W. Court St., Suite A Greenville, SC 29601 Cardinal Commercial Properties 100 Orchard Park Drive, Suite 26262 Greenville, SC 29616 KDS Commercial Properties LLC 340 Rocky Slope Road, Suite 302 Greenville, SC 29607 Pintail Capital Partners LLC 135 S. Main St., Suite 101 Greenville, SC 29601 Avison Young – South Carolina Inc. 656 S. Main St., Suite 200 Greenville, SC 29601 Cushman & Wakefield | Thalhimer 15 S. Main St., Suite 502 Greenville, SC 29601 Covington Commercial Realty Inc. 109-A Pilgrim Road Greenville, SC 29607 Joy Real Estate Co. Inc. 309 E. Butler Road Mauldin, SC 29662 Carroll Properties Corp. 1989 S. Pine St. Spartanburg, SC 29302
Phone / Website / Email 864-232-9040 www.naiearlefurman.com info@naiearlefurman.com 864-583-1001 www.spencerhines.com jellis@spencerhines.com 864-527-6070 www.cbre.com/greenville 864-233-7724 www.JoynerCommercial.com mcarter@joynercommercial.com 864-297-4950 www2.colliers.com/United-States/Cities/Greenville liz.mccary@colliers.com 864-848-9070 www.langston-black.com rraffaldt@langston-black.com 864-704-1040 www.leegreenville.com dbeach@lee-associates.com 864-559-8227 www.cardinalcommercialproperties.net info@cardinalcommercialproperties.net 864-242-4200 www.kdsproperties.com marketing@kdsproperties.com 864-729-4500 www.pintailcapitalpartners.com info@pintailcp.com 864-334-4145 www.avisonyoung.us/web/greenville avisonyoungsouthcarolina@gmail.com 864-370-8155 www.thalhimer.com brian.young@thalhimer.com 864-676-1525 www.covingtoncom.com chris@covingtoncom.com 864-297-3111 www.joyrealestate.com hello@joyrealestate.com 864-699-9804 www.cpcindustrial.com ecb@cpcindustrial.com
Broker(s) in Charge / Year Founded Jonathan A. Good 1986 Ben R. Hines, Lynn Spencer, Bobby E. Hines, Andy Hayes, Guy Harris 1986
2018 Comm. Brokers / Transactions: Current Listings / No./Value Upstate Offices Specialization 653 $578,942,440 451 $102,425
Stephen B. Smith 1988
264 $418,751,407
Matt Carter, Danny Joyner 1964
179 $155,715,000
David M. Feild 1906
170 $167,981,814
Charles B. Langston Jr. 1992
148 $43,805,670
P. Randall Bentley, Martha D. Bentley, Kevin P. Bentley 2005
119 $45,542,762
Robert Leland Brissie Jr. 2013
70 $12,000,000
Michael W. Kiriakides 2001
55 $98,410,000
Ross Kester 2015
55 $45,377,279
Christopher B. Fraser 2013
46 $18,492,613
Brian J. Young 1913
45 $94,211,290
Christopher E. Covington 1991
34 $1,100,000
Craig Bailey 1975 Elizabeth C. Belenchia, Thomas A. Belenchia 1976
4 $800,000 3 $1,750,000
Because of space constraints, sometimes only the top-ranked companies are printed. View the full list online at www.scbiznews.com/buy-business-lists. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com.
57 894 3 23 457 2 17 199 1 24 196 1 15 205 2 15 190 1 8 99 1 1 30 1 10 65 1 6 38 1 9 47 1 6 44 1 1 17 1 6 5 2 1 13 1
Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse Agricultural, flex, health care, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse Flex, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, warehouse Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse, portfolio analysis, lease analysis Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse Flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, warehouse Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse Flex, health care, income-producing, industrial, land, office, restaurant, retail, sports, entertainment Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse Flex, income-producing, industrial, land, multifamily, office, restaurant, retail, warehouse Flex, income-producing, industrial, land, office, retail, warehouse Agricultural, flex, health care, hotel, motel, income-producing, industrial, land, multifamily, office, restaurant, retail, sports, entertainment, warehouse Agricultural, health care, hotel, motel, industrial, land, multifamily, office, restaurant, warehouse, opportunity zone, new market tax credit, abandoned textile mills, historic, international specialist in FDI and site selection Researched by GSA Business Report staff
Special Advertising Supplement | 2018 Market Facts
45
ARCHITECTURE ENGINEERING & CONSTRUCTION
H
ammers and saws were more vigorous in the Upstate than in some other key areas of South Carolina in 2018. The Charleston area saw a slight decline in building permits of 4.2%, even though Charleston-North Charleston-Summerville area issued a healthy 7,056 permits. Permits were up in Columbia at 3.3%, while Spartanburg and the Greenville-Anderson-Mauldin area saw double-digit increases. Together the major Upstate cities saw more than 9,000 permits issued for new home construction. Add to that the construction of commercial buildings, along with highway and bridge upgrades, and you find a region fully enjoying a period of economic growth.
FAST FACTS » 8%
Percent above the national average for construction costs in the Greenville metro area. PAGE 48
» 16%
The rise in home building permits in Spartanburg from 2017 to 2018. PAGE 50
SECTION SPONSOR
46
ARCHITECTURE, ENGINEERING AND CONSTRUCTION | www.gsabusiness.com
www.gsabusiness.com
| ARCHITECTURE, ENGINEERING AND CONSTRUCTION
47
GSA construction jobs and wages 2016-2018 Greenville
15k 0
Spartanburg
$5K
Anderson
$10K
$15K
$1206 2016
$1058 $850
10k
$1173 2017
$1124 $858 $1173
5k 2018
$1081 $850
0 2016
2018
2017
Source: S.C. Commerce Department Labor Market Analysis 2018 Source: US Bureau of Labor Statistics, QCEW 3rd Quarter Update 2018 Employment: September 2018 monthly value
S.C. construction costs mostly below U.S. average, 2018 To price jobs correctly, builders use area modification factors to estimate and adjust costs. Percentage factors in specific South Carolina cities are shown below.
Greenville
8% 7% 6% 5% 4% 3% 2% 1% U.S. Average -1% -2% -3% -4% -5% -6% -7% -8%
Beaufort
48
Myrtle Beach
Charleston
Columbia
Spartanburg
Rock Hill Source: 2018 National Building Cost Manual - Craftsman
ARCHITECTURE, ENGINEERING AND CONSTRUCTION | www.gsabusiness.com
Special Advertising Supplement | 2018 Market Facts
49
Housing building permits for S.C. metro areas = 200 homes, 2017
39.3+60.7
19+ 81 3.3+96.7
= 200 homes, 2018
= Percent change from 2015-2016
19%
6,433
3.3%
16+84
4,943
4,785
4.2+95.8
Annual privately owned housing units
-4.2%
7,373
7,056
5,403
16%
2,268
Spartanburg
2,631
Columbia
Greenville-Anderson-Mauldin
Charleston-North CharlestonSummerville Source: U.S. Census Bureau
50
ARCHITECTURE, ENGINEERING AND CONSTRUCTION | www.gsabusiness.com
www.gsabusiness.com
| ARCHITECTURE, ENGINEERING AND CONSTRUCTION
51
General Contractors Ranked by Dollar Value of Contracts in 2018 Company
Phone / Website Email
Top Local Official(s) / Year Founded
Contracts: Value / No.
Work Done Locally
Evans General Contractors 550 S. Main St., Suite 602 Greenville, SC 29601
864-849-0094 www.evansgeneralcontractors.com leberhart@evans-gc.com
Tim Evans, Christian Hersacher, Larry Eberhart 2013
$550,000,000 45
25%
155
Design build general contractor, complex manufacturing operations and industrial warehouses; New builds and expansions and renovations
Harper General Contractors 35 W. Court St., Suite 400 Greenville, SC 29601
864-527-2500 www.harpergc.com info@harpergc.com
David P. Wise, Matthew Johnson, Bryan Royal 1950
$153,000,000 69
60%
270
Community, education, environmental systems, health care, industrial, municipal, office, retail, renovation
O'Neal Inc. 10 Falcon Crest Drive Greenville, SC 29607
864-298-2000 www.onealinc.com info@onealinc.com
Kevin Bean, Judy Castleberry 1975
$126,500,000 20
20%
259
Engineering, procurement, construction of complex capital projects
Brasfield & Gorrie LLC 1 N. Main St., Suite 904 Greenville, SC 29601
864-704-1300 www.brasfieldgorrie.com -
Ben Barfield 1964
$100,000,000 12
100%
40
Aerospace, commercial, education, energy, government, health care, hospitality, industrial, infrastructure, mission critical, multifamily, senior living, sports and entertainment and water
McCrory Construction 777 Lowndes Hill Road, Building 3, Suite 107 Greenville, SC 29607
864-603-5840 www.mccroryconstruction.com info@mccroryconstruction.com
Don G. Warren, Fred Fulmer, John Price 1918
$86,314,806 36
52%
12
Design-build, pre-construction, construction management and general construction in commercial, retail, industrial and multifamily markets
Clayton Construction Co. Inc. 121 Venture Blvd. Spartanburg, SC 29306
864-576-1901 www.claytonconstruction.net contactus@claytonconstruction.net
W. Harry Clayton, Horne Todd, T. Wilson Morrow 1981
$75,000,000 30
75%
43
Commercial, health care, industrial, institutional, religious, retail, restaurant
Triangle Construction Co. Inc. 2624 Laurens Road Greenville, SC 29607
864-288-5500 www.triangleconstruction.com cpatrick@triangleconstruction.com
Charley Patrick 1947
$75,000,000 30
100%
57
Quality construction services in Greenville and throughout the Upstate; efficient with competitive pricing structures and aggressive scheduling; history of integrity
Roebuck Buildings Co. Inc. 3600 S. Church St. Extension Roebuck, SC 29376
864-576-6330 www.roebuckbuildings.com info@roebuckbuildings.com
Dean Anderson 1947
$73,407,927 26
90%
73
General contracting, design-build, design-bid-build, and construction management of industrial and commercial projects
THS Constructors Inc. 150 Executive Center Drive, Suite 108 Greenville, SC 29615
864-254-6066 www.thsconstructors.com shartman@thsconstructors.com
Howard Suitt, Dana L. Emberton, Tom Suitt 2005
$52,170,856 18
60%
27
Specialize in fast track design-build, lump sum and construction management with areas in Industrial, manufacturing, higher education, health care, office, research and development.
Hogan Construction Group 10703 Anderson Road Easley, SC 29642
864-272-1527 www.HoganConstructionGroup.com -
Chris Bowen 1998
$43,000,000 15
100%
37
Construction manager, design-build, general contracting, manufacturing and industrial, commercial, education, institutional, healthcare and community projects
M.B. Kahn Construction Co. Inc. 116 N. Old Standing Springs Road Greenville, SC 29605
864-277-9105 www.mbkahn.com wkennedy@mbkahn.com
Michael Dunlap, Whit Kennedy 1927
$42,000,000 6
100%
35
Industrial-manufacturing, commercial, institutional
Mavin Construction 2 Ridgeway Ave. Greenville, SC 29607
864-263-3713 www.mavinconstruction.com info@mavinconstruction.com
Todd Malo, Dj Doherty III 2012
$26,632,000 45
100%
35
Commercial, healthcare, education, ecclesiastical, retail, industrial, municipal and historical renovations; building information modeling (BIM), construction management, preconstruction, facility maintenance and general contracting
Marsh/Bell Construction Co. Inc. 4741 S.C. Highway 153 Easley, SC 29642
864-295-2728 www.marshbell.com info@marshbell.com
Dwayne M. Bell, Michael S. Vargo 1984
$22,000,000 39
98%
18
Construction management, commercial, industrial, medical, institutional, preengineered buildings, warehouse/distributions, renovations, upfits
Raby Construction 311 Haywood Road Greenville, SC 29607
864-298-8008 www.rabyconstruction.com Mraby@rabyconstruction.com
Michael Raby 1996
$18,000,000 25
90%
20
Commercial, industrial, multifamily, medical, infrastructure
Because of space constraints, sometimes only the top-ranked companies are published in the print edition. View the full list online at www.scbiznews.com/ buy-business-lists. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com.
52
ARCHITECTURE, ENGINEERING AND CONSTRUCTION | www.gsabusiness.com
Local Employees Areas of Specialization
Researched by GSA Business Report staff
Engineering Firms
Ranked by No. of Licensed Engineers in the Upstate Company
Phone / Website / Email
Top Local Officials / Year Founded
No. of Engineers / Employees
Fluor Corp. 100 Fluor Daniel Drive Greenville, SC 29607
864-281-4400 www.fluor.com
Charles McManemin 1912
O'Neal Inc. 10 Falcon Crest Drive Greenville, SC 29607
864-298-2000 www.onealinc.com info@onealinc.com
Kevin Bean, Judy Castleberry 1975
50 259
Engineering, procurement, construction of complex capital projects
Bunnell-Lammons Engineering Inc. 6004 Ponders Court Greenville, SC 29615
864-288-1265 www.blecorp.com info@blecorp.com
Tom Lammons, Dan Bunnell 1996
28 134
Geotechnical engineering, environmental consulting and engineering, construction engineering and inspections, construction materials testing, drilling, materials laboratory, transportation services, solid waste services
S&ME Inc. 301 Zima Park Road Spartanburg, SC 29301
864-574-2360 www.smeinc.com bschwartz@smeinc.com
Howard Perry, Bill Schwartz Jr. 1977
26 90
Geotechnical and environmental engineering, environmental site assessments, special inspections and construction materials testing, chapter 1 code inspections, natural and cultural resources, air permitting, industrial hygiene, industrial permitting
DeVita & Associates Inc. 1150 E. Washington St. Greenville, SC 29601
864-232-6642 www.devitainc.com corp@devitainc.com
Darren C. Springer, W. Derrick Hiott, Thomas P. Moran 1984
24 90
Structural, precast concrete, mechanical, electrical, plumbing, fire protection, and commissioning services for private commercial development
AECOM 10 Patewood Drive, Building VI, Suite 500 Greenville, SC 29615
864-234-3000 www.aecom.com info@aecom.com
Emily Swearingen 1985
15 90
Environmental consulting, transportation engineering, water, wastewater and stormwater engineering, site development, GIS
Davis & Floyd Inc. 1319 S.C. Highway 72/U.S. Highway 221 E. Greenwood, SC 29649
864-229-5211 www.davisfloyd.com marketing@davisfloyd.com
Stephen L. Davis, Jason P. Eppley 1954
15 82
Civil/site development, transportation, water, wastewater, stormwater, environmental, and structural engineering, surveying, planning & landscape architecture, and CEI
Goodwyn, Mills & Cawood Inc. 617 E. McBee Ave., Suite 200 Greenville, SC 29601
864-527-0460 www.gmcnetwork.com info@gmcnetwork.com
Kevin Laird, Steve Cawood 1947
11 36
Water and wastewater, sports/recreation, K-12/higher education, environmental, transportation, commercial, industrial, landscape/master planning, geotechnical
Fuller Group Inc. 1350 Cleveland St., Suite C Greenville, SC 29607
864-235-3580 www.fullergrp.com info@fullergrp.com
Bill Fuller, Ross Clements, Lucas Young 1997
10 24
Structural engineering for commercial and industrial buildings; forensic investigations, building envelope consulting
ECS Southeast LLP 1200 Woodruff Road, Suite H-12 Greenville, SC 29607
864-987-1610 www.ecslimited.com bcortes@ecslimited.com
Jonathan Thrasher, Mike Roddey, Ben Cortes 1998
9 33
Wetlands delineation; threatened and endangered species studies; Phase I & II ESA; mold, lead and asbestos studies; geotechnical engineering; construction materials testing; Chapters 1 and 17 special inspections; facilities consulting
Professional Engineering Associates Inc. 110 Edgeworth St. Greenville, SC 29607
864-242-4373 www.peaofsc.com rhkapp@peaofsc.com
Richard H. Kapp 1978
9 19
Civil, site design and structural engineering
Site Design Inc. 800 E. Washington St., Suite B Greenville, SC 29601
864-271-0496 www.sitedesign-inc.com ledge@sitedesign-inc.com
Mark Binsz, Craig Winnall, Clay Jones 1991
9 47
Civil engineering, landscape architecture, land surveying
Utility Technology Engineers - Consultants 775 Spartanburg Blvd., Suite 207 Spartanburg, SC 29301
864-579-1577 www.utilitytec.com jduncan@utilitytec.com
James T. Ghrist 1989
8 25
Electrical power systems
Burns & McDonnell 124 Verdae Blvd., Suite 301 Greenville, SC 29607
864-263-5300 www.burnsmcd.com
Trevor Jones 2018
7 14
Facilities and infrastructure needs, Burns & McDonnell's Greenville office supports government, manufacturing and process, healthcare, higher education, energy and utility clients
355 1,810
Areas of Specialization Oil and gas, petrochemicals, government, power, industrial, infrastructure, operations maintenance, mining, nuclear and life sciences/advanced manufacturing
Because of space constraints, sometimes only the top-ranked companies are printed. View the full list online at www.scbiznews.com/buy-business-lists. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com.
Researched by GSA Business Report staff
Architecture Firms
Ranked by No. of Registered Architects in the Upstate Company
Phone / Website / Email
Top Local Officials / Year Founded
Architects / Total Employees
McMillan Pazdan Smith Architecture 400 Augusta St., Suite 200 Greenville, SC 29601
864-242-2033 www.mcmillanpazdansmith.com kcalhoun@mcmillanpazdansmith.com
Ron G. Smith, Joseph M. Pazdan II, Brad B. Smith 1955
48 158
Planning and programming, architecture, interior design, construction administration, historic preservation, sustainable design
Craig Gaulden Davis Inc. 19 Washington Park Greenville, SC 29601
864-242-0761 www.cgdarch.com design@cgdarch.com
S. Scott Simmons, Edward T. Zeigler Jr., Scott E. Powell 1957
9 21
Architecture, planning, interior design
Design Strategies LLC Architects / Engineers 130 S. Main St. Greenville, SC 29601
864-527-6500 www.designstrategies.net skidd@designstrategies.net
Benjamin T. Rook 2002
9 30
Planning, health care, research, corporate, commercial and institutional
MCA Architecture Inc. 28 Agora Place Greenville, SC 29615
864-232-8204 www.designmca.com sberry@designmca.com
Keith M. Clarke, Thomas S. Berry 1976
8 19
Industrial, corporate headquarters, commercial, retail
Goodwyn, Mills & Cawood Inc. 617 E. McBee Ave., Suite 200 Greenville, SC 29601
864-527-0460 www.gmcnetwork.com info@gmcnetwork.com
Kevin Laird, Steve Cawood 1947
7 36
Architecture, engineering, environmental, geotechnical, landscape, planning, transportation
O'Neal Inc. 10 Falcon Crest Drive Greenville, SC 29607
864-298-2000 www.onealinc.com info@onealinc.com
Kevin Bean, Judy Castleberry 1975
5 259
Engineering, procurement, construction of complex capital projects
Johnston Design Group LLC 411 University Ridge, Suite D Greenville, SC 29601
864-250-0701 www.johnstondesigngroup.us kim@johnstondesigngroup.us
Scott Johnston, Kevin Davis, David Anderssen 2001
4 15
Architecture
Context Design Group PLLC 4 Washington Park Greenville, SC 29601
864-233-3230 www.contextdg.net info@contextdg.net
David W. Lewis, Jerry Page 2002
3 6
Architecture and planning design services
Bynum Architecture LLC 233 N. Main St., Suite 200 Greenville, SC 29601
864-235-2724 www.bynumarchitecture.com rick@bynumarchitecture.com
Rick Bynum 1996
1 3
Custom architectural services for private residences, residential additions, historic properties and commercial projects
C. Wayne Crocker & Associates P.C. 101 N. Pine St., Suite 302 Saprtanburg, SC 29302
864-583-5296 wayne@cwaynecrocker.com
C. Wayne Crocker 1980
1 2
Single-family; small commercial and institutional; new and renovations
Chapman Design Group Inc. 3215 S.C. Highway 24 Anderson, SC 29626
864-224-7563 www.chapmandesign.com donald@chapmandesign.com
Donald G. Chapman 1994
1 6
Commercial and residential; new construction, additions, renovations and adaptive reuse; S.C. certified master builder
Clerestory Projects Group Inc. 100 Dunbar St. Spartanburg, SC 29306
864-594-5984 -
Joseph Lauer 2007
1 1
Construction and program project management consulting
Design South Professionals Inc. 3 Linwa Blvd. Anderson, SC 29621
864-226-6111 www.dsouth.com brentw@dsouth.com
Chuck Joye, Joe Greenburg 1989
1 1
Government, commercial, education, planning and industrial, water, wastewater, stormwater, site design, industrial
Good City Architects LLC P.O. Box 27234 Greenville, SC 29616
864-360-9292 www.goodcityarch.com rgeyer@goodcityarch.com
Ron Geyer 2012
1 2
Architecture, planning
Because of space constraints, only the top-ranked companies are printed. For a full list of participating companies, visit www.scbiznews.com/buy-businesslists. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com.
www.gsabusiness.com
Major Services
Researched by GSA Business Report staff
| ARCHITECTURE, ENGINEERING AND CONSTRUCTION
53
BUSINESS RESOURCES
E
ntrepreneurship is not for everyone, but for those who have the constitution for it, taking and living that risk can be good for the mind and soul. An internet search quickly turns up a collection of stories that claim entrepreneurs are happier and healthier than they were as employees. It’s reasonable to assume those who are successful have a better chance at achieving happiness and health, however. The following pages were assembled to help those hardy souls striking out on their own. Some of the world’s most established companies have chosen the Upstate as headquarters for their North American enterprise, so there are plenty of reasons to believe a start-up can make it here, too.
FAST FACTS » 91,621
Net migration to Greenville-Spartanburg-Anderson from 2010 to 2018. SOURCE: UPSTATE SC ALLIANCE
»4
The number of Upstate colleges that prepare 33,000 students for jobs through the S.C. Technical College System. SOURCE: UPSTATE SC ALLIANCE
SECTION SPONSOR
54
BUSINESS RESOURCES | www.gsabusiness.com
S.C. Constitutional Offices S.C. Governor Henry McMaster 803-734-2100 www.governor.sc.gov S.C. Lieutenant Governor Pamela Evette 803-734-2100 ltgov.sc.gov/Pages/default.aspx Secretary of State Mark Hammond 803-734-2170 www.scsos.com Attorney General Alan Wilson 803-734-3970 www.scag.gov Treasurer Curtis M. Loftis Jr. 803-734-2016 www.treasurer.sc.gov Auditor George L. Kennedy III 803-832-8929 osa.sc.gov Superintendent of Schools Molly Spearman 803-734-8500 www.ed.sc.gov
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Director of Insurance Raymond Farmer 803-737-6160 www.doi.sc.gov Comptroller Richard Eckstrom 803-734-2121 www.cg.sc.gov Commissioner of Agriculture Hugh E. Weathers 803-734-2179 www.agriculture.sc.gov Adjutant General Major General Van McCarty 803-299-4200 www.scguard.com Natural Resources Commissioner Robert H. Boyles Jr. (interim) 803-734-4007 www.dnr.sc.gov Labor Director Emily H. Farr 803-896-4300 www.llr.state.sc.us Public Service Commission Chairman Comer H. “Randy” Randall 803-896-5100 www.psc.sc.gov
BUSINESS RESOURCES | www.gsabusiness.com
Upstate’s Congressional Representation U.S. Senate Lindsey Graham (R)* www.lgraham.senate.gov 864-250-1417 Tim Scott (R)* www.scott.senate.gov 864-233-5366
U.S. House Jeff Duncan (R) * 3rd Congressional District: Edgefield, Saluda, McCormick, Greenwood, Abbeville, Anderson, Oconee, Pickens, and Laurens Counties, and portions of Greenville and Newberry counties www.jeffduncan.house.gov 864-681-1028 (Clinton office) 864-224-7401 (Anderson office) William Timmons (R) * 4th Congressional District: Portions of Spartanburg and Greenville counties www.timmons.house.gov 864-241-0175 (Greenville office) 864-583-3264 (Spartanburg office) Ralph Norman (R) * 5th Congressional District: Union, Chester, Fairfield, Kershaw, Lee, Lancaster and York counties, and portions of Newberry, Spartanburg, and Sumter counties www.norman.house.gov 803-327-1114 (Rock Hill office)
S.C. General Assembly S.C. Senate
To contact senators, visit www. scstatehouse.gov/member.php?chamber=S
Thomas C. Alexander (R)* District 1 - Oconee and Pickens counties 803-212-6220 Rex F. Rice (R)* District 2 – Pickens County 803-212-6100 Richard J. Cash (R)* District 3 – Anderson County 803-212-6124 Michael W. “Mike” Gambrell (R)* District 4 - Abbeville, Anderson and Greenwood counties 803-212-6040 Thomas D. “Tom” Corbin (R)* District 5 – Greenville and Spartanburg counties 803-212-6100 Dwight A. Loftis (R)* District 6 – Greenville County 803-212-6008 Karl B. Allen (D)* District 7 – Greenville County 803-212-6008
Ross Turner (R)* District 8 – Greenville County 803-212-6148 Daniel B. “Danny” Verdin III (R)* District 9 – Greenville and Laurens counties 803-212-6250 Floyd Nicholson (D)* District 10 - Abbeville, Greenwood, McCormick and Saluda counties 803-212-6040 Glenn G. Reese (D)* District 11 – Spartanburg County 803-212-6108 Scott Talley (R)* District 12 - Greenville and Spartanburg counties 803-212-6048 Shane R. Martin (R)* District 13 - Greenville, Spartanburg and Union counties 803-212-6420 Harvey S. Peeler, Jr. (R)* District 14 - Cherokee, Spartanburg, Union and York counties 803-212-6430 Ronnie W. Cromer (R)* District 18 – Lexington, Newberry and Union counties 803-212-6240
S.C. House of Representatives
William E. “Bill” Sandifer III (R)* District 2 - Oconee and Pickens counties 803-734-3015
John R. McCravy III (R)* District 13 – Greenwood County 803-212-6939
Garry R. Smith (R)* District 27 – Greenville County 803-734-3141
Gary E. Clary (R)* District 3 – Pickens County 803-212-6908
Stewart O. Jones (R)* District 14 – Greenwood and Laurens counties 803-212-6713
Ashley B. Trantham (R)* District 28 – Greenville County 803-212-6966
David R. Hiott (R)* District 4 – Pickens County 803-734-3022
Mark N. Willis (R)* District 16 – Greenville, Laurens counties 803-212-6882
Neil A. Collins (R)* District 5 – Pickens County 803-212-6913 W. Brian White (R)* District 6 – Anderson County 803-734-3144 John Taliaferro “Jay” West IV (R)* District 7 - Abbeville and Anderson counties 803-212-6954 Jonathon D. Hill (R)* District 8 – Anderson County 803-212-6919 Anne J. Thayer (R)* District 9 – Anderson County 803-212-6889 WestleyP. "West" Cox (R)* District 10 - Anderson, Greenville and Pickens counties 803-212-6931
Craig A. Gagnon (R)* District 11 - Abbeville and Anderson To contact representatives, visit www. scstatehouse.gov/member.php?chamber=H counties 803-212-6934 William R. “Bill” Whitmire (R)* District 1 – Oconee County 803-734-3068
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J. Anne Parks (D)* District 12 – Greenwood and McCormick counties 803-734-3069
BUSINESS RESOURCES | www.gsabusiness.com
James Mikell “Mike” Burns (R)* District 17 – Greenville County 803-212-6891 Tommy M. Stringer (R)* District 18 – Greenville County 803-212-6881 * District 19 – Greenville County (vacant pending special election August 2019) Adam M. Morgan (R)* District 20 – Greenville County 803-212-6795 Bobby J. Cox (R)* District 21 – Greenville County 803-212-6883
Dennis C. Moss (R) District 29 Spartanburg County 803-734-3073 Rosalyn Henderson-Myers (D)* District 31 – Spartanburg County 803-212-6965 Max T. Hyde Jr. (R)* District 32 – Spartanburg County 803-212-6790 Edward R. “Eddie” Tallon Sr. (R)* District 33 – Spartanburg County 803-212-6893 P. Michael “Mike” Forrester (R)* District 34 – Spartanburg County 803-212-6792 William M. “Bill” Chumley (R)* District 35 – Greenville and Spartanburg counties 803-212-6894
Jason Elliott (R)* District 22 – Greenville County 803-212-6877
Merita A. “Rita” Allison (R)* District 36 – Greenville and Spartanburg counties 803-734-3053
Chandra E. Dillard (D)* District 23 – Greenville County 803-212-6791
Steven Wayne Long (R)* District 37 – Spartanburg County 803-212-6878
Bruce W. Bannister (R)* District 24 – Greenville County 803-212-6944
Josiah Magnuson (R)* District 38 – Spartanburg County 803-212-6876
Leola C. Robinson-Simpson (D) District 25 – Greenville County 803-212-6941
Leon D. "Doug" Gilliam (R)* District 42 – Laurens and Union counties 803-212-6968
FINANCING YOUR BUSINESS Where to go for assistance LOANS
GRANTS
The U.S. Small Business Administration facilitates some loans: • The 7(a) Loan program is the most flexible and most commonly used. These are not government loans but come from banks and approved lenders. The SBA reduces the lender’s risk. • Basic loans and a special loan programs are offered for international trade and exports. • 504 Loans from the SBA are specifically for expansion needs such as land, buildings and equipment. • Microloans are also available for up to $50,000 for businesses. The SBA works with more than 100 intermediaries for the small loans. Information is available at www.communityworkscarolina.com for the Upstate. • The State Trade and Export Promotion program provides matching funds assisting small businesses working in international markets. • The Small Business Innovation Research program is a competitive program for domestic small businesses competing for federal research and development grants. The program is designed to encourage research and development by providing an incentive for commercialization. • A similar program, the Small Business Technology Transfer Program, is a direct partnership between the R&D budgets of federal agencies, such as defense and energy and small business.
Federal grants are available but only for noncommercial organizations. These are targeted toward medicine, education, research and technology. Some states provide grants for specific industries. Most require matching funds or other forms of financing such as a loan. Source: U.S. Small Business Administration
VENTURE CAPITAL
• Venture capital is a type of equity financing that addresses the funding needs of entrepreneurial companies that cannot seek capital from more traditional sources. It is typically targeted to startups and high-growth technology companies. • Profit is shared with the investors, who have a right to call in the capital. Funds are typically from limited partners, pension funds and hedge funds. • The SBA has a Small Business Investment Company Program that works with licensed private investment funds to provide growth capital to U.S. small businesses. • The SBIC Directory is available at https://www.sba.gov/content/sbic-directory. • Some of these funds come from angel investor groups.
OTHER FINANCE AIDS
Source: https://www.sba.gov/sites/default/files/files/resourceguide_3145.pdf
BusinessUSA Financing Tool This is a search tool for government financing for your business. These are not grants, but typically loans or contracts available to small businesses. • http://business.usa.gov/access-financing Amber Grants for Women This is a special organization to help women. The website also has a specialized search tool for loans and grants for women-owned businesses. • www.ambergrantsforwomen.com S.C. Division of Small and Minority Business Contracting and Certification This site serves as a one-stop shop for those looking for minority-owned businesses or looking to become certified as a minority-owned business. • Provides a connection to state contract and procurement opportunities through the Materials Management Office. • Provides workshops, consultation and dispute resolution for business. http://osmba.sc.gov/
Economic development agencies and nonprofit organizations can also provide some financing. Here are some items to think about: • You will need to apply for the loan and provide information such as what needs to be purchased, how the loan will be used and who is managing the funds. • You will need to provide: • A resume and business plan. • Personal and business credit report. • Income tax returns. • Financial statements from your business. • Some loans may require collateral. • You may also need to submit the legal documents regarding your business organization
Economic Development Organizations Ranked by No. of Local Employees Company Upstate S.C. Alliance 124 Verdae Blvd., Suite 202 Greenville, SC 29607 Clemson University Research Foundation 391 College Ave., Suite 401 Clemson, SC 29631 Clemson Region Small Business Development Centers 225 S. Pleasantburg Drive, Suite C-12 Greenville, SC 29607 City of Mauldin Department of Community Development 5 E. Butler Road Mauldin, SC 29662 Anderson County Economic Development 126 N. McDuffie St. Anderson, SC 29621 ReGenesis Community Development Corp. 430 E. Main St., Floor 1 Spartanburg, SC 29304 Spartanburg Economic Futures Group 105 N. Pine St. Spartanburg, SC 29302 Appalachian Development Corp. 880 S. Pleasantburg Drive, Suite 3-E Greenville, SC 29607 Oconee Economic Alliance 528 U.S. Highway 123 Bypass, Suite G Seneca, SC 29678 Ten at the Top 150 Executive Center Drive, Suite 202 Greenville, SC 29615 Alliance Pickens P.O. Box 149 Liberty, SC 29657 Greer Development Corp. 111-B S. Main St. Greer, SC 29650 Greenville Revitalization Corp. 301 University Ridge, Suite 2500 Greenville, SC 29601 Main Street Laurens USA Inc. 119 E. Laurens St. Laurens, SC 29360
Phone / Website
Top Official / Year Founded
864-283-2300 www.upstatescalliance.com
John H. Lummus 2000
11
A public/private regional economic development organization; market and promote the northwestern corner of South Carolina; position the Upstate to excel in the global economy through strategic marketing, collaboration, and thought leadership; work as a team with our local economic developers, investors
864-656-0797 www.curf.clemson.edu
Vincie C. Albritton, Chris Gesswein 1982
10
Generate research funding opportunities for Clemson University and to support research initiatives that advance university discoveries to create new products and services for public use and benefit
864-370-1545 www.scsbdc.com
Jill K McCollum 1979
9
Advance South Carolina's economic development by helping entrepreneurs grow successful businesses; offering five offices in the Upstate
864-289-8903 www.cityofmauldin.org
Brandon Madden, Van Broad -
7
A progressive municipality located in the Upstate; population of around 25,000 people; dedicated to providing high-quality services in order to promote a safe, welcoming environment for people to live, work and play
864-260-4386 www.acscdevelopment.com
A. Burriss Nelson 1986
6
Recruit, create and support new industries within Anderson County and provide support to existing industries and businesses, in order to create jobs, wealth and an expanded tax base in Anderson County
803-504-3090 www.rcdc.us
Harold Mitchell 2007
5
Nonprofit organization that develops, owns, manages, buys and sells homes; to provide safe and affordable housing; to help expand and promote economic opportunities, community development and revitalization; to combat community deterioration through residential and economic development and historic preservation
864-594-5000 www.economicfuturesgroup.com
R. Carter Smith, Kyle Sox 2000
5
Primary point of contact for domestic and international companies considering locations in Spartanburg county, state of South Carolina and the southeast U.S.
864-382-2350 www.adcloans.com
Connally Bradley 1982
4
Provides SBA 504 loans throughout South Carolina and rural areas of the Southeast; provide ADC funded loans in certain areas of S.C.; all loans are used to assist in the growth and economic development of businesses
864-638-4210 www.investoconeesc.com
Janet Hartman, Emily Hodge 1960
4
Public-private nonprofit effort to accelerate job creation and capital investment, increase per capita income, diversify the local tax base and generate awareness of Oconee County as a business location
864-283-0345 www.tenatthetop.org
Dean Hybl 2009
4
Foster trust and collaboration through partnerships and cooperation that impact economic vitality and quality of life across Upstate South Carolina
864-898-1500 www.alliancepickens.com
A. Ray Farley 1995
3
Assist the economic development of Pickens County through the stimulation of workforce development, infrastructure development, job retentive and job creative activities
864-416-0125 www.greerdevelopment.com
Reno Deaton 2002
3
Retention of Greer's existing businesses; recruiting targeted industries and high-impact commercial businesses; coordinating the recruitment and redevelopment activities for historic downtown Greer; facilitating the development of new sites and buildings to encourage new, high-quality development; marketing the Greer community
864-242-9801 ext. 122 www.greenvillerevitalization.org
Douglas F. Dent 2012
2
Bring economic opportunity and community services back to the Textile Crescent and other underserved areas of Greenville County
864-984-2119 www.mainstreetlaurens.org
Jonathan Irick 1996
2
Promote, improve and preserve the unique character and economic vitality of downtown
Employees Mission / Description
Because of space constraints, sometimes only the top-ranked companies are printed. View this list online at www.scbiznews.com/buy-business-lists. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com.
Researched by GSA Business Report staff
www.gsabusiness.com
| BUSINESS RESOURCES
59
STEP-BY-STEP GUIDE FOR STARTING A BUSINESS From The U.S. Small Business Administration: Step 1: Write a business plan. Step 2: Get business assistance and training. Step 3: Choose a business location. Step 4: Finance your business. Step 5: Determine the legal structure of your business. LLC, sole proprietorship, general partnership, C corporation, or other special structures: www.scbos.sc.gov Step 6: Register a business name (“doing business as”). Step 7: Get a Tax Identification Number. This is a federal requirement from the IRS. Here is a link to IRS information from S.C. Business One Stop: www.scbos.sc.gov/business-resources Step 8: Register for state and local taxes. Step 9: Obtain business licenses and permits. These are county and city requirements. Check with your local government offices: • LLCs and corporations have to register with the S.C. Secretary of State’s office • Retailers must register with the S.C. Department of Revenue for sales, use and accommodation taxes. • Some specific businesses and occupations require licenses, such as real estate agents, barbers and lawyers. Selling alcohol, food or clothing requires special licenses from the S.C. Department of Labor, Licensing and Regulation. Step 10: Understand employer responsibilities. The process is described at www.scbos.sc.gov/portals/0/site/business%20resources/ planning_on_hiring_or_adding_new_employee.pdf
Here are some other helpful lists for starting a business: S.C. businesses: www.scsbdc.com/start.php Columbia businesses: www.columbiasc.net/business/starting-a-business/startup-checklist Charleston Score: www.score.org/resources/first-steps-getting-your-business-and-running From the IRS: www.irs.gov/businesses/small-businesses-&-self-employed/starting-a-business Here are some links to running a self-assessment to make sure owning a business is right for you: • www.score.org/resources/entrepreneur-mindset-skills • www.sba.gov/content/entrepreneurship-you Source: U.S. Small Business Administration
LEGAL STRUCTURES OF BUSINESSES When you set up your business, you will need to choose the proper legal structure. Here are some of the choices, each meeting particular needs: Sole proprietorship:
A simple informal structure that is inexpensive to form. The owner operates it, is personally liable for all business debts, can freely transfer all or part of the business, and can report profit or loss on personal income tax returns using Schedule C.
Limited liability company:
Generally considered advantageous for small business because it combines the limited personal liability of a corporation with the tax advantage of a partnership or sole proprietorship.
General partnership:
Partnerships are inexpensive to form. They require an agreement between two or more individuals or entities to jointly own and operate a business. Profit, loss and managerial duties are shared among the partners, and each is personally liable for partnership debts. The partnership does not pay income tax but must file an informational return. Individual partners report their share of profits and losses on their personal return.
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BUSINESS RESOURCES | www.gsabusiness.com
Corporation (Inc. or Ltd.):
This is a complex business structure with more startup costs. A corporation is a legal entity separate from its owners, who own shares of stock in the company. It can be created for profit or nonprofit purposes. Profits are subject to income tax at both the corporate level and when distributed to shareholders. Shareholders are not personally liable for corporate obligations as long as corporate formalities have been observed.
Sub chapter S corporation (Inc. or Ltd.):
This structure is identical to the C corporation in many ways but offers avoidance of double taxation. If a corporation qualifies for S status with the IRS, it is taxed like a partnership. SOURCE: S.C. Small Business Development Center
For more information and other structures: • www.sba.gov/category/navigation-structure/starting-managing-business/ starting-business • www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/BusinessStructures
www.gsabusiness.com
| BUSINESS RESOURCES
61
Chambers of Commerce Chambers in the Upstate, Ranked by No. of Members
Chamber
Phone / Website / Email
Top Local Official / Year Founded
Greenville Chamber 24 Cleveland St. Greenville, SC 29601
864-242-1050 www.greenvillechamber.org mcampbell@greenvillechamber.org
Carlos Phillips 1879
Spartanburg Area Chamber of Commerce 105 N. Pine St. Spartanburg, SC 29302
864-594-5000 www.spartanburgchamber.com spartanburgchamber@spartanburgchamber.com
Allen C. Smith 1919
Anderson Area Chamber of Commerce 129 N. Main St., Suite 200 Anderson, SC 29621-5513
864-226-3454 www.andersonscchamber.com pchristopher@andersonscchamber.com
Pamela Christopher 1903
Greater Greer Chamber of Commerce 111 Trade St. Greer, SC 29651
864-877-3131 www.greerchamber.com info@greerchamber.com
Greenwood S.C. Chamber of Commerce 110 Phoenix St. Greenwood, SC 29646
Members / Employees / Volunteers
Geographic Coverage
Mission / Description
1,730 25 100
Greenville County, Upstate
Develop a globally competitive Upstate economy where businesses succeed and people prosper; lead, convene and mobilize the business community to drive regional economic growth
1,100 23 500
Spartanburg County
To enhance the economic vitality and lifestyle environment of Spartanburg County
850 6 125
Anderson County
Create an environment for healthy economic growth in the Anderson area and provide superior value for our members
David Merhib 1937
650 6 200
Greater Greer
Champion economic prosperity for our members and the Greater Greer community
864-223-8431 www.greenwoodscchamber.org info@greenwoodscchamber.org
Angelle R. LaBorde 1914
525 5 150
Greater Greenwood area
To serve as a champion for business and as an advocate for the community, thus strengthening and promoting economic success
S.C. Hispanic Chamber of Commerce 714 Pettigru St., Suite C Greenville, SC 29601
864-643-7261 www.schcc.org info@schcc.org
Evelyn Lugo 2007
500 15
Statewide
To promote and support the advancement of the economic growth of Hispanic businesses in South Carolina
Oconee County Chamber of Commerce 2 Leas Courtyard Drive Seneca, SC 29672
864-882-2097 www.oconeechambersc.org info@oconeechambersc.com
Vanessa Penton 1906
455 4 -
Oconee County
Promote growth and improvement in the economy, the community and the quality of life in Oconee County
Laurens County Chamber of Commerce 291 Professional Park Road Clinton, SC 29325
864-833-2716 www.laurenscounty.org mowings@laurenscounty.org
Amanda Munyan 1978
431 4 60
Laurens County
Serve as the unified voice to promote, strengthen and develop the business community of Laurens County by enhancing quality of life, workforce development, tourism and marketing initiatives
Simpsonville Area Chamber of Commerce 100 West Trade St. Simpsonville, SC 29681
864-963-3781 www.simpsonvillechamber.com info@simpsonvillechamber.com
Allison McGarity 1980
400 3 50
Simpsonville Area and Greenville County
Committed to being a positive force in providing leadership and advocacy to unite and improve the local business community
Greater Mauldin Chamber of Commerce 101 E. Butler Road Mauldin, SC 29662
864-297-1323 www.mauldinchamber.org info@mauldinchamber.org
Patricia Pomeroy 1982
375 4 20
Greater Mauldin area
Advocate for the successful growth and development of area businesses, large and small; nurturing entrepreneurship and unifying the community
Greater Pickens Chamber of Commerce 222 W. Main St. Pickens, SC 29671
864-878-3258 www.pickenschamberofcommerce.com GreatPickensChamber@gmail.com
Kimberly Smagala 1900
300 2 -
Greater Pickens area
Dedicated to enhancing and improving the business climate and quality of life in the greater area of Pickens County and in the surrounding region
Fountain Inn Chamber of Commerce 102 Depot St. Fountain Inn, SC 29644
864-862-2586 www.FountainInnChamber.carrd.co info@fountaininnchamber.org
Whitney Ferguson, Keri Driggers 1954
175 2 4
Upstate, including Greenville and Laurens counties
Envisions a community made stronger by a diverse business environment and helps ensure Fountain Inn continues to grow as an attractive destination in which to conduct business and meet consumer needs
Greater Abbeville Chamber of Commerce 107 Court Square Abbeville, SC 29620
864-366-4600 www.abbevillechamber.org abvchamber@wctel.net
Janice P. Corriveau 1982
160 2 20
Abbeville county
Advocate for members, networking, identify economic development needs, advertising, promoting tourism, develop community leaders, improving quality of life in our community, prompting further business development
Greater Travelers Rest Chamber of Commerce P. O. Box 329 Travelers Rest, SC 29690
864-708-0888 www.greatertrchamber.com communications@greatertrchamber.com
Brandon Brown 2011
150 20
The Upstate-greater Travelers Rest area, Slater, Marietta, North Greenville
To foster economic development, support, community renewal, provide networking opportunities and encourage unity in the Greater Travelers Rest area
Union County Chamber of Commerce 135 W. Main St. Union, SC 29379
864-427-9039 www.unionsc.com chamber@unionsc.com
Jami D Trammell 1904
130 2 -
Union County
Promote and meet the needs of business and industry while enhancing, and creating a community to live, work and play in
Liberty Area Chamber of Commerce P.O. Box 359 Liberty, SC 29657
864-843-7533 www.libertyareachamber.org info@libertyareachamber.org
Elian Tyson 2015
36 9
Liberty
Represents the business and professional community of Liberty
Because of space constraints, only the top-ranked companies are printed. For a full list of participating companies, visit www.scbiznews.com/buy-businesslists. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to lists@scbiznews.com.
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BUSINESS RESOURCES | www.gsabusiness.com
Researched by GSA Business Report staff
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66........................ Kopis
71............................ YMCA
67........................ AFL
72............................ Sherman Construction
68........................ A Business Law Firm
73............................Perceptive Recruiting
69........................ Marsh/Bell Construction
74............................McGriff Insurance Services
70........................ Langston Construction
75............................Interactive Business Training
2019 Market Facts | Special Advertising Section
Special Advertising Section | 2019 Market Facts
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KOPIS
Kopis continues to lead and grow
Kopis continues to grow rapidly. Recently named a top 20 Best Place to Work in South Carolina by the S. C. Chamber of Commerce, Kopis is aggressively recruiting skilled, creative IT professionals.
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reenville-based software developer Kopis continues its remarkable journey onward and upward, experiencing significant growth as it continues to keep pace in an industry that is constantly changing. Innovation, creativity and ability to foresee and adapt to a constantly changing market are keys to that success, says owner/CEO Andrew Kurtz. “I created this company to do something,” Kurtz said. “We loved solving the challenging problems and helping innovate companies and pushing them to use technology to achieve their business objectives.” Kurtz and his team thrive on re-invention, risk-taking and creative problem solving. When the economy, especially IT, took nose dives in 2001, then later in the recession of 2008, Kurtz and his team made hard decisions, tightened their belts and worked through the challenges together, without Kurtz having to make any layoffs. Those decisions and sacrifices are paying off. The company, which evolved from Proactive Technology, which Kurtz founded in 1999, has steadily grown since the post-2008 recession. It finally reached a point where the work grew to be too much for Kurtz to handle alone, and he had to restructure the business top-down and allocate responsibilities to the employees. In 2015, Kurtz promoted Kevin Wentzel to COO and Adam Drewes to CMO with the goals of creating a long-range plan for the firm, allowing Kurtz the freedom to manage his own schedule and jump in as needed from a higher level.
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Proactive, with the help of local marketing firm The Brand Leader, changed its name to Kopis and proceeded to work to establish recognizable, high-level branding tools to build name recognition regionally. Kurtz then began a series of acquisitions, two of which, ACUMEN IT’s Enterprise Resource Planner (ERP) Division and NWN’s SmartGov Division, by themselves have doubled the company’s size and value. The company recently added two new assessment services in its growing enterprise resource planning division. These include an SQL server assessment and health check, which creates findings and develops useful recommendations, and a modernization assessment, which also develops an extensive findings report and recommendations on how to improve a company’s efficiency and cut costs by updating, modernizing and fully and effectively using technology. The company is also working to expand its reach within the community by hosting classes both independently and in conjunction with the S.C. Associations of Certified Public Accountants on variety of technological topics. The rapid business growth creates a need for qualified staff – and Kopis is aggressively recruiting and hiring. “We are looking for software developers, engineers, and other skilled, creative IT professionals,” he said. “We were recently named a top 20 Best Place to Work in South Carolina by the S.C. Chamber. If you like to be challenged, if you enjoy helping businesses thrive, we want to talk to you.”
2019 Market Facts | Special Advertising Section
411 University Ridge Greenville, SC 29601 (864) 421-9247 www.kopisusa.com
AFL
AFL celebrating 35 years of achievement
AFL Stockbridge dampers reduce wind vibration during Grand Canyon crossing (left); AFL SkyWrap® aerial cable installation over the Andes Mountains (right).
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FL. Synonymous with the Australian Football League, American Football League, mistaken for AFLAC, the AFL-CIO. Not this AFL. This AFL stands for America Fujikura Ltd. Once known locally as Alcoa Fujikura Ltd., Fujikura of Japan assumed 100 percent ownership in 2015 and the business became AFL Telecommunications. That’s a big word. Telecommunications. Try embroidering that on a golf shirt! So … the decision was made to rebrand to AFL. Just AFL. AFL is an international manufacturer headquartered in Duncan, South Carolina. Starting with just over 50 associates in 1984 to more than 1,000 associates in the Upstate today, the company has expanded its operations multifold over the past 35 years. From one manufacturing facility in 1984 to six facilities located off Highway 290 in Spartanburg County today, AFL has grown from manufacturing its flagship product, Optical Ground Wire, to manufacturing thousands of products worldwide, including premise and aerial cabling, accessories, connectors, modules, inside and outside plant equipment. A business-to-business company, AFL’s customers include electric utilities, broadband cable companies, wireless carriers, enterprise and more. From wired to wireless, communications require “wires,” also known as fiber optic cable, as well as connectors, splicing, testing and servicing. And, AFL does this worldwide — in Europe, Asia, Australia, Mexico and Canada. With more than 5,500 associates globally, this little-known entity is a force throughout the world with highlights that include: 1988: Manufacturing bus conductor for a subway project
specifically to support the Olympic Games in Seoul, South Korea; 1992: Shipping the first reel of Optical Ground Wire to Duke Energy (AFL continues to be their primary optical cable provider today); 1996: Providing optical and electrical splicing of Fujikura cable used for broadcasting at the Olympic Games in Atlanta, Georgia; 2004: Establishing its first Community Advisory Board to help guide its community investments and volunteer efforts, maximizing AFL’s impact; 2011: Completing a 50-kilometer aerial fiber optic installation in the Andes Mountains in central Peru for a major power generation company using AFL’s SkyWrap® solution; 2012: Providing Stockbridge vibration dampers to support Nik Wallenda’s walk across the Niagara Falls and then again, the following year when he crossed the Grand Canyon with 35-40 MPH wind gusts while suspended 1,500 feet in the air; 2018: Recognition as an SCC Economic Visionary for extraordinary leadership in transforming the Upstate of South Carolina through education, community involvement and service, environmental initiatives and innovation. Over the past 35 years, AFL has grown organically and through acquisitions. AFL is committed to supporting its communities through philanthropy and preservation of the environment. AFL is also committed to its associates — the foundation of the company. It is through their commitment, integrity and innovation that AFL has succeeded and will continue to succeed. Our thanks to them as we celebrate 35 years of manufacturing in the Upstate!
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170 Ridgeview Center Drive Duncan, SC 29334 (864) 433-0333 www.AFLglobal.com
Special Advertising Section | 2019 Market Facts
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A BUSINESS LAW FIRM
A Business Law Firm guides Upstate businesses through all stages of life
The law partners of Spartanburg-based A Business Law Firm (from left) Lauren E. Ward, firm founder Thomas A. Belenchia and Chelsea Raegan Rikard.
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t first glance, one might think what A Business Law Firm does is self-evident. However, founding partner Thomas Belenchia says the Spartanburg-based law firm’s services extend far beyond the practice of business law. Indeed, the fact that the firm is celebrating its 25th anniversary this year underscores that very point. “Our business is built on relationships,” Belenchia said. “We are celebrating 25 years, thanks to our talented staff, the trust we have earned, as well as the relationships built with our clients, our valuable network of allies, and the Upstate Business Community.” Interestingly, though Belenchia has practiced 25 years, he notes that he didn’t attend Emory Law School with the intent to practice law. In fact, law wasn’t his first career — he was a U.S. Marine and a Mississippi Delta cotton and rice farmer before taking his career in a new direction. “I went to law school because I wanted the legal knowledge to enhance my business skills,” he said. “I wasn’t actually planning to practice law.” Belenchia got out of law school and worked with his wife, an established International Corporate Real Estate Specialist, before eventually taking the S.C. and N.C. Bar Exams. “I started with a couple of corporate clients, just helping them address business issues. I found that I enjoy helping people solve complex problems. I never knew of the personal
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reward that comes from having the tools to help others solve business problems.” Shortly after discovering this new sense of direction, Belenchia founded A Business Law Firm in 1994. The firm has grown significantly, practicing in North Carolina and South Carolina. He recently promoted two associates to Partner. Chelsea Rikard and Lauren Ward are committed to growth and continuation of the firm’s history of excellence in service. “Our focus is working with businesses, business owners, and individuals,” he said. “We help with everything from creating the business, helping with daily operations, representing the business in a lawsuit, buying or selling a business, and even estate and succession planning; all aspects. We go full circle with the life cycle of the business.” Many law firms help a client through one particular matter, but A Business Law Firm is different — they enjoy working with entrepreneurial-minded individuals who have a vision for growth in their business. Their focus is to help business owners identify and reach their maximum business and life goals. The client base A Business Law Firm built by referrals includes local business owners from over 50 countries. The legal team at A Business Law Firm is committed to the community. They serve on governmental and nonprofit boards, provide pro bono legal aid, speak at civic and senior centers, mentor new entrepreneurs, and coach high school students in Mock Trial. By their mission, “Being a lawyer and
2019 Market Facts | Special Advertising Section
owning a law firm is about more than helping people within the realm of the law, it’s also about contributing to the needs of the greater community.” A Business Law Firm strives to be unique, and provide a full scope of service to their clients. This year marks the 25th year the firm has been serving the Upstate. Belenchia states, “I am proud of relationships created in the last 25 years and look forward to the next 25.”
1989 S Pine Street Spartanburg, SC 29302 (864) 699-9801 www.abizlaw.com
MARSH/BELL
Marsh/Bell: Delivering quality construction solutions for 35 years
Two of Marsh/Bell's recent projects are the Woodward Medical Center building in Greenville (left) and Stanco Metal Products in Williamston.
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facilities, automotive dealerships, higher education facilities and churches. These projects include new construction, renovations and upfits. They have completed six projects for Anderson University, including the Thrift Library, four student residence halls, and the AU School of Nursing. In May, they completed their second Butler® pre-engineered addition for Stanco Metal Products in Williamston. They have begun construction of the new amphitheater and student plaza project at the Benson Campus of Greenville Technical College, and are nearing completion of the East Greenville Summary Court in Taylors. Marsh/Bell is also a trusted authorized Butler Builder®, and has specialized in the industrial and commercial construction of pre-engineered buildings for nearly 34 years. “Butler® buildings are an excellent option for the client,” Vargo said. “They are often less expensive, faster to build than traditional structures, are architecturally appealing, thermally efficient, and are an environmentally friendly solution for a variety of commercial/industrial facilities.” “We’re not about making huge leaps and jumps,” Bell said. “We have taken a steady, methodical approach, and have grown with the market. We bring value to our clients’ projects with our expertise and with our reputation — and that’s one reason why our clients keep coming back to us.” Both Bell and Vargo agree that a key component of Marsh/Bell Construction’s longevity and success is the result of the dedication, experience and hard work of its employees. As a team, they continue to work together to deliver the most efficient, effective and high-quality project that exceeds every client’s expectations.
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arsh/Bell Construction, entering its 35th year and going strong, has some commonsense principles that are key to the company’s longevity and success. “It starts with honesty, transparency, and work ethic that is coupled with deep professional knowledge and keen market insight,” noted Founder/President Dwayne Bell. “It also takes creative thinking and a willingness — and industry knowledge — to adapt to change, and knowing how to separate the trendy from the useful is key.” “We have seen a lot of changes since the early years of Marsh/Bell,” said Michael Vargo, Executive Vice President. “When I think back at the industry and how far we’ve come just with technology alone, it’s staggering. It’s literally gone from using pencil drawings to BIM )Building Information Modeling).” In recent years, the company has evolved from being a traditional general building contractor to that of a Construction Manager. “This change has been a natural progression as we saw the need for improved project delivery and found that our training, personality, and love for building meshed perfectly with the new approach,” Bell said. “It makes our work more enjoyable, builds relationship and, most importantly, enhances overall value.” Their approach has served Marsh/Bell well. Founded in 1984, Marsh/Bell started out building Applebee’s restaurants throughout the Southeast. Over the last three decades, Marsh/Bell has built a portfolio of diverse projects ranging from medical complexes, big box warehouse
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4741 SC-153 Easley, SC 29642 (864) 295-2728 www.marshbell.com
Special Advertising Section | 2019 Market Facts
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LANGSTON CONSTRUCTION
Langston Construction celebrates 50th anniversary
Langston celebrated their 50th anniversary with employees and their families at the West End Zone Club at Clemson University.
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here is much to celebrate in the half century of business for Langston Construction Co., say principals Evan Sowell and Jim Roberts. They know you don’t get to stay in business, much less be successful, for that long if you cut corners. Success requires honesty, work ethic, breadth of knowledge, and an ability to find creative solutions to difficult problems. Since 1969, Langston Construction has done just that. Starting out working on public works projects such as wastewater treatment facilities, the company has built an impressive and diverse portfolio of projects, from manufacturing facilities to power plants. In fact, most of their work is repeat business. “We are very proud of the fact that more than 90 percent of our projects are repeat business — some of our clients have been with us for 30 years or more,” Sowell said. “They trust us and know we are problem solvers. That means a great deal.” The company has built a remarkable reputation for solving difficult problems. This, Sowell and Roberts believe, is due in large part to the sheer diversity of talent in the company. With 85 employees representing a wide variety of construction backgrounds and areas of expertise, Langston has been able to complete projects other companies could not. “We take pride in providing solutions for complex
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issues an Owner or Designer may have,” Sowell said. “We (recently) took over a project from a larger, nationally known contractor that failed to complete the project — and we completed it under the deadline. When you solve an especially difficult problem, well, there’s something to that.” Langston has not only earned a reputation as a go-to for large, complex industrial projects but also as a leader in one of the most important aspects of the business: safety. The company, which has currently gone more than 1,574 days without an accident or reportable lost time incident, has earned many regional, state and national awards reflecting that commitment to safety. That includes the 2018 national Construction Safety Excellence Award First Runnerup from the Associated General Contractors of America (AGC), which recognizes those construction companies that excel at safety performance. The criteria involve close examination of a company’s commitment to safety and occupational health management and risk control. Judges consider management commitment, active employee participation, safety training, work site hazard identification and control, and safety program innovation. “We have a very strong safety background,” Roberts said. “That is an integral part of our business and we are very proud of our great team and their achievements — all of our accomplishments are because of them.”
2019 Market Facts | Special Advertising Section
125 Langston Road Piedmont, SC 29673 (864) 295-9156 www.langstonconstr.com
YMCA OF GREENVILLE
The YMCA celebrates 175 years of making communities stronger
The YMCA of Greenville builds a healthier community by connecting people of all ages and providing programs that build healthy spirit, mind and body.
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or 175 years, the YMCA has been serving communities all over the world. The YMCA of Greenville is proud to be a part of a non-profit organization located in 119 countries and serving 45 million people. The Y has been a home to many firsts. It’s where basketball and volleyball were born and where Father’s Day was founded. But it’s also where many children score their first goal during a soccer game or take their first swim. Locally, the YMCA of Greenville is composed of 11 branches that serve our Upstate community with services that range from childcare to youth sports to Youth in Government programming. As the largest association in the state, YMCA of Greenville has a mission to build a healthy spirit, mind and body for all. The Y prides itself on creating programs that address community needs. Traditional programs in each focus area are committed to providing the highest quality services while identifying inventive new programs that can improve the lives of its members. Youth Development To nurture the potential of every child and teen, the YMCA of Greenville provides a variety of programs including child care, summer camp, youth sports and Youth
in Government. The Y’s after school program implements The Search Institute’s 40 Developmental Assets in all activities incorporating arts, academics and fitness into each day. Healthy Living The Y works to make sure members of our community have the opportunity to improve their overall well-being. Initiatives such as Exercise Is Medicine (EIM) and Wellness Works-Parkinson’s address chronic disease management and prevention and aim to make wellness goals achievable for everyone. Social Responsibility Giving back and providing support to our neighbors is an important part of the Y. One example of the initiatives that give back to the community is Togetherhood, which connects people at all of the Y’s branches through service. Projects have addressed needs such as child hunger in the summer season and lack of recreational opportunities for individuals with diverse abilities. The YMCA of Greenville is for all. No one is turned away because of an inability to pay. Financial assistance is available to become a member and participate in the many programs the organization offers.
YMCA
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(864) 412-0288 www.ymcagreenville.org
Special Advertising Section | 2019 Market Facts
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SHERMAN CONSTRUCTION
Sherman Construction: 70 years of quality builds
Andy Sherman and Kelly Sherman Ramirez (left), current CEO snd CFO of Sherman Construction. Robert "Bob" Sherman (right), founder of Sherman Construction, started a masonry business in 1949 and became a general contractor, incorporating Sherman Construction in 1961.
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2019 Market Facts | Special Advertising Section
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my dad,” Kelly said. Andy Sherman attributes the company’s success to several factors, including industry knowledge, work ethic, ability to adapt and evolve and transparent communication. The company also transitioned from design-bid-build to an alternative delivery approach. “Alternate delivery methods in our industry, like CM at-Risk and Design-Build, encourage team atmosphere and brings the contractor’s input and experience at the beginning of a project where it is most beneficial. It’s a collaborative approach that allows the owner, architect and contractor to better manage challenging issues up front and eliminate back-end frustrations. “Ultimately, it’s about customer service,” Sherman said. “We’re builders at heart — our clients know we provide creative but practical solutions. We are very transparent — we work to communicate very directly and clearly and set clear expectations. I’m still heavily involved with our projects, which gives our clients a comfort level and speeds the decision-making process. We want our clients to benefit from our knowledge and the only way we can do that is to continually challenge the thinking, to ask the why and how questions, to ensure we’re off to the right start.” Sherman said. Today Sherman Construction provides preconstruction and construction services in a wide range of markets, including Higher Education, Multi-Family Housing, Athletics, General Commercial, Manufacturing and Healthcare.
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herman Construction started as a masonry company in 1949 working on gas stations along the East Coast. Robert “Bob” Sherman’s idea of a company built on hard work, a high moral standard and great customer service would translate into success. After multiple requests to manage the entire construction for clients such as Exxon and Gulf, Bob quickly evolved into a general contractor. “It’s a blessing for us to be in the position we’re in — to be going strong after 70 years and three generations of family,” Andy Sherman, owner and CEO, said. Sherman Construction became formally incorporated in 1961 and Bob focused primarily on commercial work in the Upstate. The company continues to grow and diversify; Bob’s children, Wayland Sherman, Allen Sherman and Kelly Sherman Ramirez, took over the business in 1988. His grandson, Andy Sherman, purchased the interests of Wayland and Allen in 2008. Kelly remains with the company as CFO. Most of Sherman’s clients are repeat customers, Andy said, working a diverse portfolio of major projects, including Clemson’s Outdoor Fitness & Wellness Center, Lakeside Lodge at Lake Hartwell and Clemson’s Child Development Center to name a few. “To see the growth and transition of project types and sizes just in the last 10 years has been amazing. I know my parents would be proud of how far we have come and the amazing job Andy has done establishing his vision for Sherman while still holding on to core values established by
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1330 Piedmont Hwy Piedmont, SC 29673 (864) 277-0060 www.shermanconstruction.com
PERCEPTIVE RECRUITING
Perceptive Recruiting celebrates 5 years of successful Technology Recruiting
to organize the Upstate Women & Technology group for the past 18 years. This program includes monthly Lunch & Learn meetings and has a membership of over 400 Upstate professionals. “We use this forum to enhance and advance women’s careers in technology through continuous education and networking,” Rose said. The firm has earned accolades for its successful role in IT recruiting. In 2018, Perceptive Recruiting was awarded the 11th Fastest Growing Small Business by Roaring Twenties. This award was earned after achieving 96% growth from the prior year. In 2019, Perceptive Recruiting has qualified, for the second straight year, for Roaring Twenties and Inc. 5000 for the fastest growing small business in the U.S. Perceptive Recruiting celebrates its fifth year of business in its new headquarters near Frontage Road off I-385 and Roper Mountain Road, at the end of Marcus Drive in Greenville. The firm held a ribbon-cutting ceremony celebrating the opening of the new office on August 22. “We are proud of our success in helping our client’s businesses by delivering value quickly,” Rose said. “Our commitment to excellence, our clients’ partnerships, and advancing opportunities for women in technology continues to drive us. We look forward to servicing our community in the upcoming year and beyond.”
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pstate companies have found Perceptive Recruiting to be a valuable partner in recruiting highly qualified, difficult to find IT and Engineering professionals. Perceptive Recruiting is a technology staffing company that leverages its 23 years of specialized recruiting experience to provide contract and permanent placement of IT and Engineering professionals. “Because of the longevity of our employees and their HR backgrounds, we become trusted partners to HR departments and hiring managers and use those relationships to develop a deep understanding of their businesses”, Jill Rose, president of Perceptive Recruiting, said. “We recruit on technology jobs few HR departments understand, but every hiring manager needs.” Perceptive Recruiting’s services are designed to save hiring managers and HR departments time in filling competitive, high-value positions by having a strong internal Quality Assurance process, technology innovations, and one point-ofcontact for the firm’s clients. Perceptive Recruiting’s clients are businesses in industry verticals such as software development, IT services, financial services, insurance, health care, banking, manufacturing, logistics/warehousing, and Tier One automotive. As a certified Women-Owned company, (WEBNC), Perceptive Recruiting actively demonstrates its commitment to the Upstate community. Jill Rose developed and continues
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Tyler Rose (from left), Caroline Morgan, Jill Rose, Sarah Parmelee and Tim Morrissey in their new office. Jill Rose (above right) proudly displays the 2018 Roaring Twenties award and looks forward to 2019’s award ceremony.
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5 Creekside Park Ct., Ste G Greenville, SC 29615
www.perceptiverecruiting.com
Special Advertising Section | 2019 Market Facts
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MCGRIFF INSURANCE SERVICES
New Name, Same Superior Services
McGriff Insurance Services, formerly known as Carolina Insurance Consultants and BB&T Insurance Services, has been helping Upstate clients protect and grow their assets and manage risks for 43 years. McGriff is a subsidiary of BB&T Insurance Holdings, the world's fifth-largest insurance broker.
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local mainstay for 43 years under the names “Carolina Insurance Consultants” and “BB&T Insurance Services,” the agency adopted the McGriff name last year. McGriff Insurance Services is a subsidiary of BB&T Insurance Holdings, the fifth largest insurance broker in the world. McGriff ’s experienced insurance and risk management professionals develop tailored services and deliver them based on a proprietary and proactive approach known as
“Client-Focused Risk Solutions.” They understand how and when to deploy their vast resources by: • Listening to understand and executing with precision • Following through on commitments to clients • Partnering with clients to ensure their success by protecting their assets When you choose McGriff, you’ll be joining thousands of other individuals and business owners across the country that decided to select a local agency with national resources.
©2019 McGriff Insurance Services, Inc. Insurance products are offered by McGriff Insurance Services, Inc., or Crump Life Insurance Services, Inc., dba BB&T Life Insurance Services, both subsidiaries of BB&T Insurance Holdings, Inc. Variable insurance products are offered through P.J. Robb Variable Corp., Member FINRA.
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2019 Market Facts | Special Advertising Section
47 Airpark Court Greenville, SC 29607 (864) 297-4444 www.mcgriffinsurance.com
INTERACTIVE BUSINESS TRAINING
New firm brings together longtime professional development pros
The ibT team, from left, Kathy “Kat” Snizaski, Donna Tripp, Katie Moon, Larry Granville, and Bentley.
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nteractive Business Training may be a new name around here, but our team has been leading the upstate business community in training and development for many years. In fact, between them, they have more than 100 years’ experience dedicated to the business of professional development. And one important aspect this team intimately knows is that professional development is about much more than just technical skills. With that in mind, ibT delivers professional development services through business skills classes and technical training through a variety of proven classroom and online teaching methods. “By our latest calculations, more than 90% of the students we interact with are employed by various types of businesses in the Carolinas, in areas such as financial, healthcare, IT, manufacturing, and utility sectors,” ibT’s Kathy Snizaski said. “Another 10% are unemployed and seeking additional training or certification.” Whether a company needs to fulfill training goals, or a displaced worker needs assistance narrowing down the next step in the career process, the ibT team can help by providing a wide array of professional services and resources to achieve those goals. With mentors and coaches who can teach classes
in a variety of computer programs such as Adobe, Excel, 360 and PowerPoint, or help individuals hone their presentation skills, ibT is the go to for professional development services. “ibT works with several state and charitable organizations to provide displaced workers with the technical and professional skills necessary for finding gainful employment,” Snizaski said. “We are very familiar with state-funded programs such as the Workforce Innovation and Opportunity Act (WIOA) and Trade Adjustment Assistance (TAA). We also work with the Department of Veterans Affairs to provide training for veterans who are eligible for federal funding.” ibT’s mission is to teach and equip all ibT students to navigate the path from training to certification with clarity, competence, and confidence. The firm’s vision is to inspire, challenge, and prepare all students to nurture careers to reflect their values and lead to lives of connection and meaning. ibT also partners with several key certifying bodies in order to offer the most current courseware available. The firm accesses a network of quality courseware providers within the United States in order to ensure accuracy and completeness. “When you choose ibT for your training, you are getting the best training and courseware for your specific needs,” Snizaski said.
301 Halton Road, Suite D Greeenville SC 29607 (864) 626-4280 www.ibt-sc.com
Special Advertising Section | 2019 Market Facts
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INDEX
Demographics, Employment & Economic Development.............................4
Banks List......................................................................................................................................................................................35
Upstate counties.......................................................................................................................................................................... 6
South Carolina banking performance............................................................................................................................36
S.C. exporters sell $38 billion in goods...........................................................................................................................10 Wage growth in South Carolina..........................................................................................................................................11
Real Estate.......................................................................................................38
Defense dollars in South Carolina.....................................................................................................................................13
Area historical median home prices...............................................................................................................................40
Palmetto state has net gain in movers...........................................................................................................................13
Greenville real estate trends...............................................................................................................................................40
BMW jobs in South Carolina.................................................................................................................................................14
GSA apartment rent trends..................................................................................................................................................42
Volvo by the numbers..............................................................................................................................................................15
Apartment building boom in the Upstate.....................................................................................................................42
Mercedes Benz by the numbers.........................................................................................................................................15
Residential Real Estate Firms List....................................................................................................................................44
Accommodating the tourism sector................................................................................................................................16
Commercial Real Estate Firms List..................................................................................................................................45
Human Resources at a glance............................................................................................................................................16 HR managers................................................................................................................................................................................16
Architecture, Engineering and Construction..............................................46
Compensation for HR managers........................................................................................................................................16
GSA construction jobs and wages...................................................................................................................................48 S.C. construction costs mostly below U.S. average................................................................................................48
Education......................................................................................................... 18
Housing building permits for S.C. metro areas..........................................................................................................50
District data...................................................................................................................................................................................21
General Contractors List........................................................................................................................................................52
Educational attainment..........................................................................................................................................................22
Engineering Firms List...........................................................................................................................................................53
Median earnings for population age 25 and older..................................................................................................22
Architecture Firms List..........................................................................................................................................................53
Annual college tuition costs................................................................................................................................................23 Enrollment analysis.................................................................................................................................................................23
Business Resources.......................................................................................54
Colleges and Universities List............................................................................................................................................23
S.C. Constitutional offices.....................................................................................................................................................56 Upstate’s congressional representation / U.S. Senate..........................................................................................56
Medical and Health Care................................................................................24
U.S. House of Representatives...........................................................................................................................................56
Primary care physicians per capita in the Upstate.................................................................................................26
S.C. General Assembly / S.C. Senate................................................................................................................................56
Physician assistants in South Carolina ........................................................................................................................26
S.C. House of Representatives............................................................................................................................................58
State ranks 39th in national survey of child well-being.......................................................................................28
Financing your business, where to go for assistance...........................................................................................59
Opioid crisis in South Carolina...........................................................................................................................................29
Economic Development Organizations List................................................................................................................59
Infant mortality rate.................................................................................................................................................................29
Step-by-step guide for starting a business................................................................................................................60
Prenatal care by race..............................................................................................................................................................29
Legal structures of businesses..........................................................................................................................................60 Chambers of Commerce List...............................................................................................................................................62
Finance.............................................................................................................30 The Upstate's largest credit unions.................................................................................................................................33 Buy now, pay later.....................................................................................................................................................................34
76
INDEX | 2019 Market Facts
Corporate Milestones.....................................................................................64