Here is the latest Columbia SC News and Business Report as of 12-20-11.  For real estate information visit our web site.

SCBT Financial, Peoples Bancorp. to merge

The merger and acquisition of Peoples Bancorp. will move SCBT Financial Corp. to No. 6 in South Carolina in terms of deposit market share. The transaction is expected to close in the second quarter of 2012, upon approval of shareholders and regulatory agencies.

S.C. jobless rate falls to 9.9%

November’s unemployment rate was 0.6 percentage point below October’s report of 10.5%. The decrease was the largest monthly drop in the jobless rate since 1976, the first year that the ...

Here is the latest Columbia SC News and Business Report as of 12-19-11.  For real estate information visit our web site.

Columbia home sales tumble 70% in November

The sales of residential property in the Columbia area plummeted in November, with area real estate agents selling only 123 units for the month compared to 435 in November 2010. Meanwhile, Charleston and Greenville recorded an increase in home sales, according to a report issued by the South Carolina Realtors.

S.C. tax revenue up 6% in November

The report released by the state Board of Economic Advisors is an indication that the South Carolina economy is on the mend, and...

Here is the latest Columbia SC News and Business Report as of 12-19-11.  For real estate information visit our web site.

Here is the latest Columbia SC News and Business Report as of 12-14-11.  For real estate information visit our web site.

Here is the latest Columbia SC News and Business Report as of 12-13-11.  For real estate information visit our web site.

Here are the 10 newest listings in Columbia, SC as of 12-12-11 . To view all available listings in the area visit our web site.

TODAY'S HEADLINES | DEC. 9, 2011

NLRB drops case against Boeing

The National Labor Relations Board said today it approved the withdrawal of a charge by the Machinists union against The Boeing Co. and its decision to open a 787 final assembly plant in North Charleston. The announcement comes after a contract was ratified between the two parties on Wednesday that, in part, guaranteed work on the 737 Max aircraft would be done in the Seattle area.

Amazon facility approved in Spartanburg

Spartanburg County Council voted unanimously today to bring mega online retailer Amazon.com to the area. This would be the Seattle-based company’s second S.C. distribution facility. Amazon recently opened...

Here is the latest Columbia SC News and Business Report as of 12-08-11.  For real estate information visit our web site.

Here is the latest Columbia SC News and Business Report as of 12-08-11.  For real estate information visit our web site.

Here is the latest Columbia SC News and Business Report as of 12-07-11.  For real estate information visit our web site.

TODAY'S HEADLINES | DEC. 7, 2011

Columbia airport benefits from economic development

Columbia Metropolitan Airport looks forward to more business service as companies announce plans to open new facilities or expand in the Midlands. Regardless of the products being manufactured, the businesses will likely use the airport in one way or another, said airport executive director Dan Mann.

USC freshman class sets record for size, scores

This year’s freshman class at the University of South Carolina is the largest in size, and posted the highest achievement scores in t...

Here is the latest Columbia SC News and Business Report as of 12-06-11.  For real estate information visit our web site.

TODAY'S HEADLINES | DEC. 6, 2011

Midlands industrial real estate market improves

The vacancy rate for the industrial space in the Midlands fell to 10.7% as nearly 150,000 square feet of manufacturing and distribution space was absorbed during the third quarter, NAI Avant reported. Key sales transactions for the quarter included Spirax Sarco’s acquisition of 35,800 square feet at 1101 Carolina Pines for $1.9 million.

Passenger traffic up at Columbia airport

The airport reported that passenger count was up .7% in October to 44,828, compared to 44,536 for the same ...

Here is the latest Columbia SC News and Business Report as of 12-05-11.  For real estate information visit our web site.

TODAY'S HEADLINES | DEC. 5, 2011

SCE&G completes solar project at Boeing plant

Cayce-based South Carolina Electric & Gas Co. flipped the switch on the largest single rooftop solar installation in the Southeast during a dedication ceremony last week at The Boeing Co.’s North Charleston plant. It is the only location in the world capable of assembling commercial aircraft with 100% green power, an official said.

Lexington administrator hired by Spartanburg council

Spartanburg County Council voted unanimously Monday to hire Katherine Hubbard as the new county administr...

Here is the latest Columbia SC News and Business Report as of 12-02-11.  For real estate information visit our web site.

Here is the latest Columbia SC News and Business Report as of 11-30-11.  For real estate information visit our web site.

TODAY'S HEADLINES | NOV. 30, 2011 American Eagle parent files for Chapter 11The regional carrier plans to continue normal operations as its parent company, AMR Corp., restructures debt and costs, and trims payroll. The airline currently serves the state’s major airports in Charleston, Columbia and Greenville with 12 flights daily. SCRA earns $195M in revenue for 2011The applied research company reported Monday its revenues and backlog for fiscal year 2011. Its revenues marked a 13% increase from fiscal year 2010. Since 2005, SCRA revenues have grown from $74 million ...

TODAY'S HEADLINES | NOV. 18, 2011

Amazon opens distribution center in Cayce

The online retailer says about 1,000 people are on the job at the facility working to fulfill orders in time for the holidays. Products will be flowing in and out of the center by rail, truck and air, a spokesman said.

Shaw AFB opens exchange, builds housing

The $20 million shopping center will serve 15,000 service members, retirees and families living in the Sumter area. Meanwhile, some 630 new homes will be built in the $270 million housing project.

Chapin man sentenced on bank fraud conviction

Kenneth Paul Holmes, 48, of Chapin, was sentenced to five months in prison and ordered to pay $2.4 million in res...

TODAY'S HEADLINES | NOV. 11, 2011

Contractors welcome repeal of withholding

The U.S. Senate followed the U.S. House in removing the mandate that federal, state and local governments with expenditures of more than $100 million withhold 3% of payments for products and services worth more than $10,000. The requirement was to take effect on Jan. 1, 2013.

CPAs to host conference on sustainability

The daylong session aims to show business leaders how sustainable practices can benefit the bottom line.

United Way launches Midlands Housing Trust Fund

The Midlands Housing Trust Fund is a public-private funding partnership to preserve and increase the stock of quality, affordable housing in th...