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Columbia Real Estate Update 10-19-2011

Posted By: Craig Summerall In: Local News
Date: Wed, Oct 19th 2011 2:31 pm

TODAY'S HEADLINES | OCT. 19, 2011

Health Sciences SC lands $11.25M grant


This major gift from The Duke Endowment can result in health care innovation, boost economy, and translate into healthier citizens in South Carolina.

Aging work force, management shortage facing manufacturers

Conducted by the Manufacturing Performance Institute, the study found that manufacturers must determine if they have the workforce, business systems, equipment and strategies in place to successfully compete in the future.

Sonoco boosted profit 30% in Q3

The Hartsville-based company, said net income for the third quarter rose to $77.2 million, from $59 million in the same quarter 2010. Third-quarter sales were $1.12 billion, up 7% from $1.05 billion a year ago.

BB&T reports 46% increase in net income

The increase was driven by significantly improved credit quality and solid performances across all lines of business. Net revenues totaled $2.2 billion this quarter, up approximately 28%.

CFO of local bank sentenced for embezzlement

Torlando Ramont Childress, the former chief financial officer of South Carolina Community Bank, was sentenced in U.S. District Court to 18 months imprisonment for embezzlement by a bank employee.

Job of the Week

Dale Carnegie Training of S.C. is seeking sales representatives in Columbia, Greenville and Charleston. Learn more or apply here.


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