GSA Business Report - April 4, 2022

Page 1

READY TO ROLL

VOLUME 25 NUMBER 6 ■ GSABUSINESS.COM

There’s an app... Manufacturer funds community policing strategy. Page 8

Part of the

network

APRIL 4-APRIL 17, 2022 ■ $2.25

Despite some challenges to their contract and their plan, Oshkosh Defense still plans to be the fourth major automaker in South Carolina. See story, Page 14

Knudt Flor takes the floor

Former BMW exec connects the public and private. Page 11

Capitol funds

$101 million from ARPA soon will be sent to S.C. businesses. Page 12

Sanctions squelch Russian economy But none of that matters, says economist Stephen Slifer. Page 22

INSIDE

Leading Off........................... 2 SC Biz News Briefs................. 3 C-Suite................................. 4 In Focus: Law Firms............ 16 LIST: Business Communication Cos..................................... 18 At Work.............................. 20 Viewpoint............................23

S.C. Counties narrow list of ARPA projects By Molly Hulsey

B

mhulsey@scbiznews.com

eating out Charleston and Richland counties, Greenville took the lead for ARPA funding allocations in 2021 with nearly $101.7 million. The competition wasn’t even close with Richland County trailing behind at $80,756,312 in American Rescue Plan Act funds and Charleston County coming in a close third at $79,910,793, according to the

U.S. Treasury Department. Spartanburg County was also in the running for the top five highest ARPA budgets at $62,114,487, just behind Horry County at $68,776,083. Here’s where the GSA plans to spend that money:

Greenville County: $101,691,896

Greenville County estimated that its revenue took a hit of close to $31.4 million since the beginning of the COVID-19 pandemic until Aug. 31 of last year.

In Focus

The chips are down

S.C. auto makers brace for ongoing shortage as Ukrainian conflict builds Page 13

As a result, the largest slice of the $101 million allocated to the county will go toward the county’s general fund as revenue replacement, which can be used at the county’s discretion, according to county spokesman Bob Mihalic. Earlier this year, Mihalic said that number would add up to around $32 million, followed by $10 million for affordable housing. Conversations with and interviews of community partners were underway to determine other See ARPA, Page 6


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