According to an article by The Island Packet in Hilton Head Island, S.C., our great state is impressing manufacturers once again. (Surprise, surprise.) But these manufacturers are overseas.
“Manufacturing is finding a sweet spot in South Carolina as the economy slowly recovers, and the state could become a player in ‘reshoring’ efforts,” said the article.
So what makes South Carolina so gosh darn attractive? Our rural neighborhoods.
“South Carolina is courting off-shore manufacturers interested in moving production closer to the populations they serve,” said S.C. Secretary of Commerce Bobby Hitt. “A lot of these reshoring projects are tailor-made for some of our rural areas. Many of them are in search of wage rates lower than you’d find in big cities, but that are just right for the economies in some of the rural areas.”
The Southeast is a lower-cost region of the U.S. with great labor flexibility, making us a go-to area for manufacturers. Manufacturing, from automotives to paper production, has brought nearly $19 billion in capital investment to South Carolina since 2008. It has also helped create more than 62,000 jobs.
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