News


CresCom Bank parent company’s income down year over year

Carolina Financial Corp.’s net income during the first half of 2014 was nearly $6 million less than what it reported in the same time frame last year. The corporation is the parent company of Charleston-based CresCom Bank, which also owns Atlanta-based Crescent Mortgage Co. Read More...


Ports Authority sees 8% cargo increase from fiscal 2013 to fiscal 2014

The Port of Charleston handled around 1.68 million 20-foot equivalent units in fiscal year 2014, up 8% from fiscal 2013. The ports authority attributed investments in infrastructure and port users’ growth to a strong fiscal 2014.  Read More...


Sportsman Boats to more than double size of Dorchester County operations

The company’s $3.5 million investment is expected to create 150 jobs as it expands its Summerville facility by 116,000 square feet. Read More...


Communities look to grow entrepreneurs from within via coworking, incubators

Several founders and executives who run incubators, coworking spaces and tech firms around the state talked about what communities need to grow their own tech and entrepreneurial businesses, such as creating a collaborative environment and providing incubator or coworking space.  Read More...