SBA grant to help promote S.C. exports

The U.S. Small Business Administration awarded another round of grant funding to promote exports by small businesses. South Carolina will receive nearly $280,000, the SBA announced today.

Berkeley Electric appoints president

Dwayne Cartwright, the general manager of Intercounty Electric Cooperative Association in Missouri, takes over for retiring President E.E. “Skip” Strickland who served the state’s largest electric cooperative for more than 32 years.

Longshoremen, ocean carriers extend contract temporarily

The director of the Federal Mediation & Conciliation Services announced a 90-day extension of the current labor contract governing East and Gulf coasts dockworkers, pushing the deadline for a new contract from Sept. 30 to December.

On the Menu for Sept. 25, 2012

Significant renovations are scheduled for the Sullivan’s Island restaurant, Atlanticville. Brad Creger, Atlanticville’s owner, announced the restaurant will close Sunday and will reopen in the spring in time for the annual Cooper River Bridge [...]

S.C. communities receive $557,000 grant for job assistance

The U.S. Department of Housing and Urban Development awarded South Carolina more than half a million dollars in grants to support public and assisted housing residents to obtain education and job training.

SEC accuses Charleston syringe maker of stock fraud

Revolutions Medical Corp. and its CEO are listed as defendants in a civil injunction filed by the U.S. Securities and Exchange Commission, which accuses Revolutions Medical of stock fraud by misleading potential investors with false claims in [...]

BMW keeps title as No. 1 vehicle exporter in U.S.

SPARTANBURG, S.C. — BMW’s plant in South Carolina has steadily increased its export activity and this year projects to export 70% of some 300,000 motor vehicles through the Port of Charleston.

Companion Life acquires Mass. firm

Companion Life Insurance Co. Tuesday announced it has purchased Massachusetts-based Medical Excess Underwriters, a managing general underwriter of stop-loss coverage for employer health plans. This marks the second acquisition by the Midlands [...]

Revolutions Medical sues companies related to syringe development

After a complaint by the U.S. Securities and Exchange Commission was brought before a district court Sept. 20 alleging stock fraud, Revolutions Medical Corp. is suing several individuals and companies related to the development of its signature [...]

Life Cycle Engineering awarded $23 million contract

The Charleston engineering firm will support naval ship systems and mechanical and electrical systems under a $23.7 million contract. This marks the second multimillion-dollar contract from the Naval Surface Warfare Center this year for the [...]