Columbia Real Estate Update 6-6-2011
TODAY'S HEADLINES / JUNE 6, 2011
First Citizens acquires operations of Charleston bank
Columbia-based First Citizens acquired the operations of Atlantic Bank & Trust, which federal regulators closed on Friday. The bank, founded in 2007, had been operating under a special regulatory order since January. The acquisition gives First Citizens a presence in the Savannah area for the first time.
CT&T might suspend plans for Spartanburg car plant
The South Korean manufacturer of electric cars and golf carts might have suspended plans to build a plant in Duncan as a result of financial problems. The Spartanburg assembly and distribution center was set to create about 370 jobs and make a $21 million investment.
Judge: Pharmaceutical company must pay S.C. $327M
A Spartanburg County judge ordered a subsidiary of Johnson & Johnson Inc. on Friday to pay $327 million to the state of South Carolina for deceptive marketing of an antipsychotic drug.
City of Columbia breaks ground on new garage
The 532-car, six-story garage at the southwest corner of Taylor and Sumter streets will include a built-in bus shelter, a commercial area, bicycle racks and electric vehicle charging stations.
Job of the Week
Verizon Wireless is hiring a retail sales representative in Lexington. The full-time job entails using interpersonal skills to close sales and surpass quotas. The job requires at least one to two years’ sales experience in a commission environment. A college degree and Spanish language skills are a plus. Benefits include health insurance, 401(k), phone discounts, tuition assistance and work-life programs. Learn more or apply here.
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