Somewhere beyond all the impressive numbers contained in the economic impact study on the S.C. Ports Authority is one subtle truth: We, as South Carolinians, have reinvented ourselves and are no longer at the behest of King Cotton and international trade deals.
“We saw a major decline in textiles throughout the nineties and really because of that a decrease in manufacturing through 2007, even though automotives were coming on with the arrival of BMW in 1994,” University of South Carolina Moore School of Business Professor Joseph Von Nessen said. “Now, we’re beginning to see gains since 2010 as the automotive cluster and as more advanced manufacturing industries have begun taking off.”
DUNCAN – S.C. Ports Authority President and CEO Jim Newsome expects the next five years to include much investment and development for the organization, including imminent expansion to Greer’s Inland Port facility.
“I predict that we’ll have to add to that physical footprint in the next fiscal year,” Newsome said Wednesday after a SCPA meeting and announcement of details from an economic-impact study produced by the University of South Carolina’s Moore School of Business.
“Don’t you love it when a plan comes together,” City Administrator Ed Driggers gushed.