Columbia Real Estate Update as of 07-02-2012
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
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.
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.
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.
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.
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.
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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