News


CresCom Bank’s parent company plans to sell up to $50M of securities

Carolina Financial Corp., the parent company for Charleston-based CresCom Bank, plans to offer and sell up to $50 million of securities. The company plans to use the net proceeds from the sale for “general corporate purposes.” Read More...


Milliken & Co. acquires assets of Australia-based Ontera

Milliken & Co., through its subsidiary Milliken (Australia) Pty. Ltd., has acquired the assets of Ontera Modular Carpets Pty. Ltd., a subsidiary of Cavalier Corp. Ltd. Based in Australia, Ontera designs and manufactures commercial modular carpet, providing Milliken-branded products as part of its offering. Read More...


S.C. Power Team recognized for economic development efforts

The selection as a top 25 utility in economic development by Site Selection magazine “demonstrates the new rates and incentives adopted by both Santee Cooper and the 20 electric cooperatives in 2014 are making us even more competitive,” said Larry Hinz, chairman of the power team’s board.  Read More...


Spartanburg unveils broadband connectivity program

Business and education representatives in Spartanburg County are collaborating to increase access, adoption and use of broadband through its Connected Spartanburg project. Connected Spartanburg is part of Connect South Carolina’s Connected Community Engagement Program that facilitates assessments of local broadband access, adoption and use. Read More...