Lexington Irmo Lake Murray Real Estate Update 10-03-2011

Doing nothing may triple US 378 traffic delays –Local officials agree. Re-routing Corley Mill Rd. won’t solve a growing traffic nightmare at U.S. 378. But it is part of a plan to alleviate the traffic woes growth in Lexington is creating and help ease the shock of three new schools opening near U.S. 378 and I-20. “The school is already here,” state Sen. Jake Knotts told more than 110 people at a traffic meeting in Zion Lutheran Church on Corley Mill Rd. last Thursday evening. “The traffic is the problem and we’re going to have to deal with it.” Re-routing Corley Mill with a traffic circle at Riverchase Way and directing traffic ...

TODAY'S HEADLINES / SEPT. 30, 2011

Midlands Tech gets nuclear training grant

Grant funds totaling $123,000 will be used to purchase instructional equipment for three nuclear laboratories used in training nuclear systems and nuclear chemistry technicians at Midlands Tech.

Metal working firm to expand in Greenwood County

Item Southeast, a metal working firm, today announced plans to invest $1.5 million to expand its current operations in Greenwood County. The investment is expected to generate 10 jobs, and the company expects to be in its new facility by October.

BMW receives exporter of the year award

National Association of Foreign Trade Zones recognized BMW Manufacturing Co. as the...

TODAY'S HEADLINES / SEPT. 29, 2011

Dillon Furniture expanding in Dillon County

The company, which makes furniture for the hospitality industry, healthcare sector and student housing, is investing $2.6 million to generate 107 new jobs over the next two years. It aims to begin hiring for the positions in October.

SBA disaster loans available in 10 S.C. counties

SBA loans to cover losses caused by this summer’s drought and excess heat are available in the counties of Abbeville, Aiken, Allendale, Anderson, Barnwell, Edgefield, Hampton, Jasper, McCormick and Oconee in South Carolina.

Fitch rates Richland 2 bonds AA+, outlook stable

The school district is one of the fastest growing in the...

Lexington/Columbia, S.C. Things to do September 30 - October 6, 2011

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September 30 - October 6, 2011

1902 Amick Drive - Lake Murray Home for Sale on Shull Island

Nestled on the shores of Lake Murray SC on a large lot with lake views for miles yet with the protection of a large open cove with 114’ of water frontage lies 1902 Amick Drive. This custom home built by and for one of South Carolina’s well known builders noted for quality and excellence features three bedroom suites each with private baths and walk-in closets. The huge unfinished area over the two car garage could be a private retreat for guests, in-laws or a “man cave.”

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All floors on the main level of the home are reclaimed heart pine and the c...

TODAY'S HEADLINES / SEPT. 28, 2011

Wells Fargo makes charitable gifts, stages parade

Wells Fargo brought its iconic stagecoach and team of four horses to Columbia’s Main Street today to mark the rebranding of its former Wachovia stores. Wells Fargo also announced $165,000 in charitable gifts.

Irmo man sentenced for defrauding trailer leasing firm

Gary Lee Gillion, 51, of Irmo, was sentenced in U.S. District Court to 33 months in prison, after being convicted in June for conspiracy to commit mail fraud in connection with a trailer-leasing scheme.

Clemson University’s wind energy test facility could help South Carolina take wind industry

Elizabeth Colbert-Busch of the Clemson Univer...

TODAY'S HEADLINES / SEPT. 27, 2011

Clyburn unveils $20M for S.C. job training

The U.S. Department of Labor has awarded $20 million to help train workers at South Carolina’s two-year technical colleges for new careers and provide job opportunities. The grant has been awarded to Florence-Darlington Technical College for the Accessible Support Services and Instruction for Sustainable Transition to Work program, which will be implemented by a consortium of community colleges and industry partners.

BB&T opens new Five Points Financial Center

BB&T has opened a new financial center at 2101 Blossom Street in Columbia’s Five Points commercial area. The 4,200 square foot facility offers service...

TODAY'S HEADLINES / SEPT. 26, 2011

Weekly Standard editor to keynote chamber summit

William Kristol, editor of the Washington-based political magazine, will join more than 250 business leaders at the South Carolina Chamber of Commerce’s 32nd Annual Summit, “Fast Forward: Defining the Next Decade.” The summit is scheduled for Nov. 9-11 at Wild Dunes on the Isle of Palms.

SCANA gas utilities score high in study

The J.D. Power and Associates’ survey measured customer satisfaction with billing and payment, corporate citizenship, communications, customer service and field service.

CertusBank buys investment brokerage

CertusBank announced during the groundbreaking of its headquarters Frid...

Lake Murray Real Estate Update 09-23-2011

National group names “This Man Called Jesus” one of 100 Best Events – The American Bus Association (ABA) announced today that “This Man Called Jesus” has been designated as one of the Top 100 Events in North America for 2012, by an experienced expert tourism industry selection committee. Inclusion in the Top 100 list, published as a supplement to the September/October issue of Destinations magazine, indicates “This Man Called Jesus” offers excellent entertainment value to both tour groups and individual travelers from around the world, according to ABA. “We are excited about this prestigious award because it is the first time that the Capital ...

Lexington Irmo Lake Murray Real Estate Update 09-23-2011

Cayce Bluegrass Festival Oct. 1 – The City of Cayce presents the Congaree Bluegrass Festival Saturday, Oct. 1 from 11a.m. – 7p.m. at Granby Gardens Park in Cayce. The Cayce Events Committee is very excited to announce that headlining this year’s event is Steep Canyon Rangers. The day long festival will also include performances by The Carolina Rebels, New Dixie Storm and Sugarloaf Mountain Boys. In addition to the musical performances, the annual event will feature food and craft vendors, the Capital City Cloggers will perform and there will be a children’s play area with a bounce house and an obstacle course. The festival is fr...

Porter: S.C. needs ‘critical mass’ of economic clusters

South Carolina already is strong in its forest products and nuclear clusters, but Harvard Business School professor Michael Porter said the state needs a new way to think about economic development.

Rain forces Moore School groundbreaking inside

The new 260,000-square-foot building will include a 500-seat auditorium, 25 classrooms, meeting rooms, plus faculty and staff offices. The anticipated completion date for the $91.5 million facility is December 2013. The building will be designed to generate as much energy as it consumes, school officials said.

S.C. income growth outpaces...

Lindsey Graham Republican U.S. Sen. Lindsey Graham introduced legislation that would allow states to opt out of a Medicaid expansion created by the health care reform act to provide coverage for the uninsured.

USC business school to break ground on new building

The 260,000-square-foot building will include a 500-seat auditorium, 25 classrooms and meeting rooms, plus faculty and staff offices. The building, at Greene and Assembly streets, is estimated to cost $91.5 million.

City Center Partnership names retail recruiting director

The downtown development group has hired Heather Spires to ...

Lexington/Columbia, S.C. Things to do September 23 - 29, 2011

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September 23 - 29, 2011

TODAY'S HEADLINES / SEPT. 21, 2011

Bridgestone to invest $1.2B, build new facility in Aiken

The tire manufacturer expects to create more than 850 jobs while making the largest capital investment in state history. The new off-road radial tire plant will be located at Aiken County's Sage Mill Industrial Park.

State Chamber of Commerce sues NLRB

The S.C. Chamber of Commerce joined the U.S. Chamber of Commerce in filing a legal challenge to the National Labor Relations Board’s new rule requiring businesses to post notices explaining employees’ rights to unionize. The chambers allege that the rule violates the First Amendment.

Sonoco Recycling launches sustainability award program

The pr...

TODAY'S HEADLINES / SEPT. 20, 2011

School designs change with the times

The latest brain research finds students learn best in natural daylight, which keeps them more alert. Also changes in pedagogy require more space for students to collaborate meaning more community areas and less the confines of a typical classroom.

State agency OKs $35.9M bond for Barnwell plant

The State Budget and Control Board today approved a $35.9 million economic development revenue bond aimed at building a paper tissue plant in Barnwell County and creating 200 jobs.

House, Senate subcommittees discuss retirement plan

Public policy makers will most likely consider possible changes to the plan, including be...

TODAY'S HEADLINES / SEPT. 19, 2011

Moody’s lowers SCANA’s credit rating

Moody’s Investors Service cited concerns about the large amount of money that will have to be borrowed for the nuclear construction program at the V.C. Summer plant in Fairfield County.

Home sales up 10%; market shows signs of stabilizing

Sales for August were up nearly 10% year-over-year in the Columbia area. Meanwhile, the median price dropped 10% and the average number of days on the market rose 11%.

Survey: S.C. a top state for business

South Carolina is viewed as having one of the best business climates among the 50 states, according to a new survey of U.S. corporate executives. Only Texas and North Carolin...

TODAY'S HEADLINES / SEPT. 16, 2011

Otis Elevator to bring manufacturing plant to Florence

The 423,000-square-foot facility, which will feature a 150-foot test tower, will include manufacturing, engineering, a contract logistics center and field support operations. It will employ more than 360.

South Carolina’s jobless rate ticks up in August

The state’s seasonally adjusted unemployment rate rose to 11.1% last month from 10.9% in July. Manufacturing employment was up for the seventh straight month, however, and government, business and professional jobs also increased.

USC selected for Reynolds visiting professor program

Besides teaching, visiting business journalism professors will ...

Lake Murray Real Estate Update 09-16-2011

Lake Murray Association meets September 27 – The Lake Murray Association will hold a public meeting Sept. 27 beginning at 6:30p.m. at the Lighthouse Marina, 1925 Johnson Marina Road, Chapin. There will be free hot dogs & drinks and an opportunity to meet sheriffs from Richland and Lexington counties. Bring your questions to the meeting, property checks, boater licensing, noise ordinances, speed limits, boater education, required lights, rule on the water and any other questions you may have. Helicopters and boats will be on display and SCDNR officers will be on hand. Participants will have a chance to win inflatable life jackets, shirts and ot...

Lexington Irmo Lake Murray Real Estate Update 09-16-2011

Corley Mill Road Traffic Plan to Cost $2 Million – A quick fix of Corley Mill Road traffic problems will cost about $2 million. That’s the estimate of state engineers. Residential development on scenic Corley Mill Road has increased traffic for several years. The opening of three Lexington 1 schools in that area adds to the problem said Sen. Jake Knotts. His constituents who live there are upset about it, Knotts said after a Dept. of Transportation presentation last week. DOT engineers have come up with a plan for a traffic circle at Rivechase Way and Corley Mill to speed traffic flow there and on U.S. 378. The plan would rerout...

TODAY'S HEADLINES / SEPT. 15, 2011

S.C. to get funds targeting waste, fraud in unemployment

The U.S. Department of Labor said $191 million that’s headed to the states, the District of Columbia and Puerto Rico will be used to reduce improper unemployment insurance payment rates; upgrade the unemployment insurance tax and benefits system; and enable the design of technology-based tools to prevent, detect and recover improper payments.

S.C. gold mine yielding sustained growth

Canadian firm Romarco Minerals Inc. says it will continue exploration in hopes of reopening the Haile Gold Mine in Kershaw for business.

Business inventories increase in July

Inventories increased 0.4% in July, an...