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Columbia Real Estate Update as of 07-02-2012

Posted By Craig Summerall @ 11:29am In: Local News

Here is the latest Columbia SC News and Business Report as of 05-31-2012. Please feel free to visit our web site to search for Columbia SC Real Estate and Properties. We offer you a complete source for all the listings in the enitre area on our web site.

TODAY'S HEADLINES |   JULY 2, 2012

 

         
   

   

SCE&G seeks 6.6% hike in base   electric rates

The Cayce-based utility,   principal subsidiary of SCANA Corp., said the rate hike is needed to recover   some $300 million spent on upgrades and improvements to its electric   transmission and distribution system. The new rate request should raise about   $151 million in additional revenue, SCE&G said.

Senn Brothers awarded $45.5M   military contract

The West Columbia food   wholesaler will be providing fruit and vegetables to U.S. military   installations in the region. The contract, awarded by the Defense Logistics   Agency Troop Support, will be paid for out of the fiscal 2012 Defense Working   Capital Funds.

                 
   

   
   

   

 

         
   

   

 

S.C. regulators OK Duke-Progress   merger

The Public Service   Commission of South Carolina unanimously approved the companies’ plan for its   joint operating system today, clearing the way for Duke Energy’s merger with   Progress Energy. The N.C. Utilities Commission approved the merger on Friday.

Negotiations affecting Boeing   S.C.’s first delivery

Air India and the Boeing   Co. are negotiating the delivery of the airline’s 787s, and an aerospace   analyst called some of Air India’s demands “childish.” The first   Lowcountry-built 787 is tagged for Air India. Boeing has not announced when   it will deliver the plane.

                 
   

   
   

   

 

         
   

   

Lawmakers tag $300M for harbor   deepening

State lawmakers included   funds in next year’s budget to pay for the construction phase of the   Charleston Harbor deepening project. The $300 million covers the project’s   entire estimated cost. The project is now in the feasibility study phase.

Add your company to our upcoming   lists

The Columbia Regional Business   Report will be featuring the following lists in upcoming print   issues.

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

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