The Richland County Economic Development Office recently shared its annual report highlighting investments and job creation in the county, along with the programs and initiatives that helped impact the local business climate.

Let's take a quick look at some of the major business developments and the county’s biggest moves in commercial real estate.

Investment + job creation

Total investment: Over $2.35 Billion
New jobs created: 4,532

Major projects

Scout Motors: Key features include a 1,100-acre campus and an estimated annual production of 200,000 vehicles by 2026

$2 Billion investment
4,000 jobs.

Cirba Solutions, LLC: Establishing a lithium-ion battery recycling and reprocessing facility

$323 Million investment
310 jobs

Mungo Homes:
Expansion includes a new facility for various corporate teams

$10 Million investment
40 new jobs.

FN America: Enhancing research, development, and engineering capabilities

$18 Million investment
102 new jobs.

Xerxes - Shawcor Ltd.: Specializing in manufacturing fiberglass-reinforced plastic underground storage tanks

$6.3 Million investment
80 new jobs

Commercial development

Total investment in 2023: $585 Million Notable developments include Verve Columbia Blossom, 2019 Bull Street, Huger Flats, 2222 Main, LLC, and Vista Depot.

Programs

Commercial Development Program is a partnership with the City of Columbia, providing tax assistance to boost commercial opportunities.
Midlands Minority Business Accelerator empowers minority-owned businesses through specialized training, coaching, and corporate connections using the acclaimed StreetWise 'MBA' curriculum.

Bonus: SC Ports is also a large contributor to business growth in the Midlands. With an $87 billion impact statewide, $22.3 billion flows into the Midlands contributing to 67,000 jobs.