Fastest-growing businesses, economic mobility commission, Opportunity Zones, Clemson furloughs

Fastest-growing Upstate businesses make national list

Out of the 63 Palmetto State businesses featured in Inc.’s 5,000 2020’s list of fastest-growing private companies, 21 are headquartered in Greenville, Spartanburg, Greer and Piedmont.

Commission to explore racial equity, economic mobility

The newly formed Greenville Racial Equity and Economic Mobility Commission convened this week to continue to explore racial inequities in Greenville County’s Black community and the partnerships needed to create solutions.

Report: $75 billion invested in opportunity zones

During his Monday night speech at a virtual Republican National Convention, Sen. Tim Scott highlighted the $75 billion in private capital stimulated in opportunity zones, vulnerable communities eligible for tax relief and grant funding, according to a recent report.

Clemson furloughs employees starting Sept. 1

Clemson University will be furloughing employees until the end of the calendar year due to the economic impact of COVID-19. The school's president and high-salary athletic department employees took a voluntary 10% pay cut.

S.C. part of multistate, $85 million Honda airbag settlement

South Carolina will receive $3.63 million of the settlement, reached over allegations that the automobile company concealed defects in frontal airbag systems. Ruptures have resulted in 14 deaths and more than 200 injures in the U.S.

Hot Properties

Share your recent commercial or industrial real estate transaction with GSA Business Report.

Bobby Lyons and Chris Schweighart of Lyons Industrial Properties represented the tenant, JIDA Industrial Solutions, in the leasing of a 150,000-square-foot industrial property in Greer. Grice Hunt with NAI Earle Furman represented the landlord. This 10-year lease will allow JIDA, and its subsidiary Global Trade Logistics, to establish operations in the Upstate, leading to the creation of 78 new jobs over the next five years. For more Hot Properties, click here.

Get the word out about your business

GSA Business Report's online submission portal is available to all business owners, entrepreneurs and marketing professionals in the Upstate who want to get out information about a company, new hires, products, services, website launches and events. Use this link to submit your press releases to GSA Biz Wire, which also submits your item for possible publication in the print edition of the Business Report.

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