Archive | PDB2B

QVC emerges from financial, leadership restructuring; stock resumes trading

QVC Group Inc., owner of cable television shopping channels QVC and HSN, said it has completed its financial restructuring and emerged from the Chapter 11 bankruptcy protection process it had begun in April. Additionally, President and CEO David Rawlinson has stepped down, to be replaced by Mike George, who fills in as interim CEO and chairman of the company’s board of directors.

Transportation and logistics

$1.5M RIA grant to fund Lamar wastewater plant upgrades

Darlington County has allocated $1.5 million in SC Rural Infrastructure Authority funding toward the town of Lamar’s wastewater treatment plant project.

Darlington County

Sonoco further consolidates consumer packaging arm

Hartsville-based consumer and industrial packaging firm Sonoco Products Co. will integrate its global consumer packaging businesses under a single leadership structure.

Manufacturing

Darlington County investigates cybersecurity incident

Darlington County is conducting an active and ongoing investigation into a cybersecurity incident that is affecting some computer systems and limiting County services.

Darlington County

RIA grant to fund Chesterfield County Rural Water line replacement and pump station refurb

Chesterfield County Rural Water Co. will use $1,473,691 in grant money from the SC Rural Infrastructure Authority to replace more than a mile of water line and refurbish a water booster pump station in unincorporated Chesterfield County.

Partnerships

Latta official: Grants ‘helping keep a small town from losing its water and sewer system’

The town of Latta has received a $1,491,600 grant from the SC Rural Infrastructure Authority, which it will use to replace water and sewer lines. The grant comes on top of more than $12 million in funding the town has received from other state and federal agencies.

Local government

‘I’m a purpose-driven leader.’ — An interview with Rick Saunders

“I never wanted to be an entrepreneur,” says Rick Saunders, 66. “It was not part of my life's ambition to be a bank CEO. I was perfectly fine being a banker to the community.”

Finance

SteelFab to invest $38.9M, add 108 jobs in Florence expansion

Charlotte-based steel fabrication company SteelFab Inc. will invest $38.92 million and add 108 jobs in an expansion of its Florence County operations, according to a statement issued today by the SC Commerce Department.

Manufacturing

Rural infrastructure and broadband programs show ‘significant progress’ across SC

Some six years and $65 million later, two state initiatives, the Rural Initiative Grant and the Rural Broadband Grant programs, are showing “significant progress and measurable impacts” on rural infrastructure across South Carolina, according to a Monday statement from the SC Commerce Department.

Construction

Olanta mayor hopeful infrastructure program will bolster water system

The town of Olanta in southwestern Florence County was selected by the SC Rural Infrastructure Authority to participate in its new viability improvement program aimed at helping smaller utilities strengthen long-term viability. Olanta has a population of 550, according to 2020 US Census data.

Florence County

McBee taps NC firm for $241K playground construction

The town of McBee on June 29 awarded a $241,000 contract to Kaplan Companies Inc for design and construction of a public playground.

Construction

Hartsville seeks ’visionary development partner’ for 4th Street mixed-use project

The city of Hartsville is looking for a partner to develop a 10.5-acre site at the intersection of 4th Street and Railroad Avenue. In a statement Monday, the city issued a request for proposal, saying it is “seeking a visionary development partner for a premier mixed-use project ... in the heart of downtown Hartsville.”

Construction

First Reliance to be acquired by GA company in $163M deal

Colony Bankcorp Inc. will acquire 100% of Florence-based First Reliance Bancshares Inc. stock in a stock-and-cash transaction worth about $163 million.

Finance

Public turns out for Chesterfield County veterans park dedication

About 40 veterans, residents and officials gathered outside the Chesterfield County courthouse for a ceremony dedicating the County’s new veterans park on June 15.

Construction

Cyclic discusses construction, environment at town hall

Rare earth element recycling company Cyclic Materials hosted a town hall at McBee High School on June 4. The Toronto-based company had announced in January it would invest $82.6 million and add 91 jobs in a facility in McBee. The company invited the public to attend the event, where it explained what it does and shared information about the project’s construction timetable, hiring and environmental precautions. Cylic also opened the town hall up to questions from residents.

Manufacturing

Bennettsville, Dillon bolster infrastructure with MPD tax credits

The cities of Bennettsville and Dillon have allocated funding from MPD Electric Cooperative toward infrastructure projects. Bennettsville will apply the $50,000 in utility tax credits it received from MPD toward a survey of its utility poles. Dillon will put the $100,000 in funding it received toward covering the cost of a pumping station near Dillon Elementary School.

Partnerships

Chesterfield County passes 1st reading of $17K land sale to Rural Water

Chesterfield County Council at its June meeting voted to pass the first reading of an ordinance authorizing the sale of a 6,000-square-foot property to Chesterfield County Rural Water Co. for $17,000.

Pee Dee properties

Projects in 4 Pee Dee counties receive rural infrastructure grants

The SC Rural Infrastructure Authority has awarded $29 million in grants for capital improvement projects in 16 counties, including four in the Pee Dee. The authority said in a statement Tuesday the grants will go toward improving water, wastewater and stormwater infrastructure, benefiting more than 50,000 households and businesses and bolstering services that support economic growth.

Construction

Chesterfield County passes data center moratorium 2nd reading

Chesterfield County Council at its May 4 meeting voted unanimously in favor of a temporary data center moratorium in the second reading of the ordinance. Last month, the Council had passed both the first reading and an emergency ordinance establishing a temporary moratorium out to Jan. 1, 2028.

Economic Development

Chesterfield County to sell property to water company for $17K

Chesterfield County Council moved to sell a 6,000-square-foot section of property to Chesterfield County Rural Water Co. for $17,000.

Pee Dee properties

Chesterfield to start up farmers market

The town of Chesterfield plans to establish a farmers market downtown, according to Administrator Cecil Kimrey, who said in a phone interview, “We’re in the initial stages. We haven’t finalized the site.”

Construction

SCRA starts up Florence entrepreneurial support hub

The South Carolina Research Authority has launched a network of what it calls innovation hubs in Florence, as well as in Aiken, Charleston, Columbia, Greenville and Rock Hill.

Florence County

’Property W’ deal among Chesterfield County’s largest land sales

Chesterfield County closed on its sale of 22.93 acres to Walmart Inc. for $1.5 million in one of the largest per-acre lands deals for the County, according to one official.

Pee Dee properties

Hartsville holds brownfields community meeting

The city of Hartsville held its second brownfield community outreach meeting April 21, at The Edition venue, 221 N. 5th St.

Economic Development

Chesterfield County passes moratorium on data centers

Chesterfield County Council voted to pass an emergency ordinance establishing a temporary moratorium on data centers. At its April 6 meeting, the Council voted 7-0 to pass both a first reading of an ordinance and the emergency ordinance. The moratorium would run about a year and a half, out to Jan. 1, 2028.

Local government

QVC emerges from financial, leadership restructuring; stock resumes trading

$1.5M RIA grant to fund Lamar wastewater plant upgrades

Sonoco further consolidates consumer packaging arm

Darlington County investigates cybersecurity incident

RIA grant to fund Chesterfield County Rural Water line replacement and pump station refurb

Latta official: Grants ‘helping keep a small town from losing its water and sewer system’

‘I’m a purpose-driven leader.’ — An interview with Rick Saunders

SteelFab to invest $38.9M, add 108 jobs in Florence expansion

Rural infrastructure and broadband programs show ‘significant progress’ across SC

Olanta mayor hopeful infrastructure program will bolster water system

McBee taps NC firm for $241K playground construction

Hartsville seeks ’visionary development partner’ for 4th Street mixed-use project

First Reliance to be acquired by GA company in $163M deal

Public turns out for Chesterfield County veterans park dedication

Cyclic discusses construction, environment at town hall

Bennettsville, Dillon bolster infrastructure with MPD tax credits

Chesterfield County passes 1st reading of $17K land sale to Rural Water

Projects in 4 Pee Dee counties receive rural infrastructure grants

Chesterfield County passes data center moratorium 2nd reading

Chesterfield County to sell property to water company for $17K

Chesterfield to start up farmers market

SCRA starts up Florence entrepreneurial support hub

’Property W’ deal among Chesterfield County’s largest land sales

Hartsville holds brownfields community meeting

Chesterfield County passes moratorium on data centers

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