Charleston, South Carolina has been blessed with five primary drivers that are contributing to its current boom in industrial investment and development.
• Boeing’s 787 Dreamliner production and supplier base.
• Defense Contractors and U.S. Navy Weapons Research.
• Clemson and GE Collaborate to form a Wind Turbine Institute.
• Port of Charleston and the widening of the Panama Canal.
• Charleston’s Quality of Life and U.S. Demographics.
1. Boeing’s 787 Dreamliner production and supplier base.
We Charlestonians were equally shocked and elated in late 2009 upon hearing that the Boeing Corporation had selected North Charleston as its second site for the manufacture of the new 787 Dreamliner. Boeing’s announcement was the culmination of over ten years of hard work and multiple accomplishments by many in South Carolina. Most notably, our Economic Development leaders, Public and Private sectors all pulled together to create the conditions needed for Boeing’s senior management to select Charleston. Now the hard work begins, as we must expand our local supply base so that Boeing’s grand investment will indeed be successful. Boeing suppliers and related companies planning to do business with Boeing will find our website to be especially helpful.
2. Defense Contractors and Navy Research
While our ships and submarines left years ago, the Charleston industrial market continues to support Defense Contractors conducting valuable research to the U.S. Navy’s Future Weapons programs, known collectively as SPAWAR. The Navy’s nuclear training center still operates along the banks of the Cooper River. SPAWAR provides the military with future combat weapons testing, analysis and modeling. The Charleston industrial market also houses SAIC, Force Protection, Inc. and other combat vehicle service producers.
3. Wind Turbine Institute
A recent DOE grant for wind turbine testing facilities was awarded to the Clemson University Restoration Institute places the Charleston industrial market at the forefront of the renewable energy industry.
The IMO Group, H.Q. in Germany, leased a 40,000 sq. ft. facility.
4. Port of Charleston and the Panama Canal
In advance of 2014’s opening of newly widening Panama Canal, CUS MSC Rita largest on East Coast called on Charleston.
5. Quality of Life and Demographics
Quality of Life drives talent, more skills bring more investment.