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Columbia Real Estate Update as of 01-25-2012

Posted By: Craig Summerall In: Local News
Date: Thu, Jan 26th 2012 10:31 am

Here is the latest Columbia SC News and Business Report as of 01-24-2012.  For real estate information visit our web site.

TODAY'S HEADLINES | JAN. 25, 2012

Pactiv to expand operations in Aiken County

The maker of foodservice and food packaging plans to expand its existing operations. The $5.5 million investment is expected to generate 25 new jobs over the next three years. Construction is scheduled to begin in February.

Southern First returns to profitability

The Greenville-based bank holding company said year-end net income to common shareholders was $944,000, reversing a loss of $235,000 the prior year. Net interest margin improved during the year, and the bank reported a decline in bad assets.

Amazon reaches 550 full-time hires at Cayce facility

The online retailer said it expects to hire more full-time employees later this year once construction and upgrades are finished at the distribution center in Cayce.

Volvo Rents expands into S.C. market

Volvo Rents acquired Blue Eagle Equipment, a S.C.-based equipment rental company with stores in Columbia, Greenville and Spartanburg. An official said the acquisition is part of Volvo Rents’ plan to move into various markets nationwide.

SCE&G issues debt offering of $250M

SCE&G said net proceeds from the bond sale will be used to finance capital expenditures, including costs to build two 1,100-megawatt reactor units at the V.C. Summer Nuclear Station.

BB&T promotes Teasdel to assistant VP

Ashely Teasdel, who joined the bank in 2005, is a financial center leader at BB&T’s 3401 Forest Drive office in Columbia. She has a bachelor’s degree in business management and a master’s in business administration.

Job of the Week

The professional training company Dale Carnegie is seeking full-time sales consultants in Columbia, Greenville and Charleston. The position allows the opportunity to create new business with companies and manage existing client relationships. Salary is based on commission. Learn more or apply here.

The Daily Report is published by the Columbia Regional Business Report,
a publication of SC Biz News.

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