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Columbia Real Estate Update as of 01-31-2012

Posted By: Craig Summerall In: Local News
Date: Wed, Feb 1st 2012 12:36 pm

Here is the latest Columbia SC News and Business Report as of 1-31-2012.  For real estate information visit our web site.

TODAY'S HEADLINES | JAN. 31, 2012

Security Federal profit up 7% in Q3

The Aiken-based holding company of Security Federal Bank said net income rose in the fiscal third quarter to $486,000 from $454,000 in the year-earlier period. Net income for the first three quarters of its fiscal year declined slightly to $1.37 million from $1.45 million.

SCANA names Phalen senior VP of administration

Marty Phalen, a 24-year veteran of SCANA, will be responsible for the company’s human resources, communications and strategic planning, corporate security and facilities. Most recently, he served as vice president of natural gas operations for SCE&G.

Hampton, Jasper counties eligible for disaster loans

The deadline for those seeking a loan from the U.S. Small Business Administration for damages caused by a recent drought is Feb. 24. The loan amount can be up to $2 million with a 4% interest rate for eligible small businesses, and 3% for nonprofit organizations with terms up to 30 years.

Companion P&C names chief underwriting officer

The national multi-line insurance company named insurance veteran Ron Carlson to fill the position. He will be responsible for directing activities associated with underwriting, policy processing and insurance risk structuring.

Training center construction begins in Laurens

A training facility originally planned to meet ZF Transmissions’ workforce needs could now recruit industry to Laurens County. Construction recently began at the Piedmont Technical College Center for Advanced Manufacturing to include labs for welding, CNC machining and mechatronics, among others.

Job of the Week

Southcon Building Group is seeking a full-time business development director in Mount Pleasant. Responsibilities include day-to-day and overall management of the company’s business development initiatives. Candidates should have a bachelor’s degree in business or marketing. Learn more or apply here.