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S.C. again recognized as pro-business state

By T&D Staff  Tuesday, March 27, 2007

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COLUMBIA – For the third consecutive year, the state of South Carolina has been named among “America’s Top Ten Pro-Business States” in “Keeping Jobs In America: Pollina Corporate Top 10 Pro-Business States in 2007.”

The ranking is a independent study published by Pollina Corporate Real Estate, Inc., a leading U.S. corporate site relocation expert.

The study, which evaluates the job creation and retention efforts of state and federal governments, was unveiled at the International Economic Development Council Federal Forum in Arlington, Va.

In the annual Pollina study, South Carolina was honored for its progressive pro-business policies that result in job growth.

South Carolina ranked closely behind Virginia, Florida, North Carolina and Utah followed respectively.

The S.C. Department of Commerce produced a record-setting year for capital investment and job creation in 2006.ˇThe Department of Commerce generated $2.99 billion in capital investment and 14,420 new jobs.ˇ Those numbers do not include Duke Energy’s new nuclear power plant that will generate an investment of $4 billion and create 800 new jobs.

“Keeping Jobs In America: Pollina Corporate Top 10 Pro-Business States” is published annually by Chicago-headquartered Pollina Corporate Real Estate, one of the nation’s leaders in providing site selection and corporate relocation services.

The Pollina study evaluates and ranks states based on 28 factors including taxes, human resources, right-to-work legislation, energy costs, infrastructure spending, workers compensation legislation and jobs lost or gained.

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