Columbia Real Estate Update 7-6-2011
TODAY'S HEADLINES / JULY 6, 2011
Richland County hires economic development director
P. Nelson Lindsay will be the first director of economic development for the county. His role will entail recruitment of new business, retention and expansion of existing business, and establishment of an office of economic development.
Fitch affirms negative outlook for NBSC parent
The ratings agency gave Synovus Financial Corp., parent of the National Bank of South Carolina, a BB- and said the outlook remains negative, but it added that the company has taken steps to make future losses more manageable.
BlueCross of South Carolina buys UCI Medical
BlueCross BlueShield of South Carolina has acquired the remaining shares of UCI Medical Affiliates, which provides back-office support for a chain of extended-hours, urgent-care physicians’ offices.
Federal unemployment tax rate decreases
The Federal Unemployment Tax Act liability decreased July 1 from 0.8% to 0.6% on the first $7,000 of each employee’s wages, the S.C. Department of Employment and Workforce announced. This could mean $55 million in savings for S.C. businesses.
BAE Systems to make missile launcher parts in Aiken
The $55 million contract is for the manufacture of mechanical components and assemblies for the Navy’s Mk 41 Vertical Launching System. Aiken will be one of five sites producing the parts.
Job of the Week
The Larry Dempsey Agency is looking to hire a licensed sales producer in Columbia. The full-time position entails new customer acquisition, customor retention, record keeping and outside marketing. A property and casualty license is required. A life, accident and health license is a plus. Learn more or apply here.
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