Winter 2012 - SCANA Corporation
Winter 2012 - SCANA Corporation
Winter 2012 - SCANA Corporation
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updates from our companies & customers<br />
Working for jobs<br />
<strong>SCANA</strong> team helps bring in industry<br />
Storm recovery aid<br />
SCE&G helps fellow utilities restore power<br />
IN<br />
South Carolina’s days of darkness following Hurricane<br />
Hugo, thousands of contractors came to SCE&G’s<br />
assistance, helping to restore power to 300,000<br />
customers without electricity.<br />
Through mutual aid agreements, SCE&G crews and contractors<br />
help other utilities restore power in the wake of storms and other<br />
natural disasters. SCE&G contract crews headed to the Northeast at<br />
the end of October when early winter storms left millions without<br />
power. When Hurricane Irene struck in August, SCE&G storm crews,<br />
including 100 linemen and support staff, spent a week in Richmond,<br />
Va. assisting Dominion Virginia Power with power restoration<br />
efforts. When storms strike, this network of utilities is ready to go<br />
where needed to help get the lights back on as safely and quickly<br />
as possible.<br />
Twenty-four new industries<br />
and industrial expansions and<br />
hundreds of new jobs are the<br />
result of a busy year for <strong>SCANA</strong>’s<br />
economic development team and<br />
its partners. <strong>SCANA</strong> works with<br />
local governments and state,<br />
regional and local economic<br />
development allies to attract<br />
industries to South Carolina.<br />
“Even though the economy<br />
is still sluggish and the<br />
unemployment in South Carolina<br />
is still high, 2011 has been an<br />
excellent year for economic<br />
development and job recruitment<br />
within our service territory,” said<br />
Charles B. McFadden, senior vice<br />
president of governmental affairs<br />
and economic development.<br />
“The projects listed below<br />
represent billions of dollars in<br />
investment and thousands of<br />
jobs. Our economic development<br />
department, as well as our<br />
electric and gas operations,<br />
rate group and others, are to be<br />
commended for the role they play<br />
in recruiting these new projects<br />
and expansions.”<br />
Through the economic<br />
development department,<br />
<strong>SCANA</strong> provided 14 economic<br />
development grants, resulting in<br />
more than $2.875 billion in capital<br />
investment and the creation of<br />
7,327 jobs.<br />
Below are some highlights of<br />
<strong>SCANA</strong>’s economic development year:<br />
• Bridgestone Americas<br />
Tire manufacturer — double<br />
expansion and new plant —<br />
Graniteville, Aiken County —<br />
$1.2 billion investment, 850 jobs<br />
• Continental Tire<br />
New tire manufacturer — Sumter<br />
County — $528 million investment,<br />
1,500 jobs<br />
• Otis Elevator/United Technology<br />
New elevator manufacturer —<br />
Florence County — $40 million<br />
investment, 360 jobs<br />
• TigHitco<br />
New composite aircraft part<br />
manufacturer — Charleston County<br />
— $30 million investment, 350 jobs<br />
• Michelin expansion<br />
Tire manufacturer — Lexington<br />
County — $200 million investment,<br />
270 jobs<br />
• AQT Solar<br />
New solar panel manufacturer<br />
— Carolina Pines Industrial Park,<br />
Richland County — $300 million<br />
investment, 1,000 jobs<br />
• Showa Denko expansion<br />
Graphite electrodes — Dorchester<br />
County — $238 million investment,<br />
100 jobs<br />
• Masonite <strong>Corporation</strong> expansion<br />
Door manufacturer — Denmark,<br />
Bamberg County — $22 million<br />
investment, 159 jobs<br />
• New Breed Logistics<br />
New aerospace logistics and<br />
support company — Berkeley<br />
County — $7 million investment,<br />
150 jobs<br />
• Le Creuset expansion<br />
French cookware — Hampton<br />
County — $2 million investment,<br />
22 jobs<br />
Visit scana.com/ed for more<br />
economic development success<br />
stories.<br />
Nona’s Bakery<br />
in downtown<br />
Creedmoor, N.C., is<br />
a favorite spot for<br />
local coffee drinkers<br />
and customers<br />
looking for that<br />
extra special sweet.<br />
28 INSIGHTS • WINTER <strong>2012</strong>
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