AGP Executive Report
Last update: 8 hours agoNuclear Investment: Westinghouse will spend $1 billion on a new Richland County factory producing advanced LEU+ nuclear fuel, with operations expected in 2030. The expansion, supported by county tax incentives, strengthens South Carolina’s role in the nuclear supply chain; the company has not disclosed expected job numbers. Jobs and Manufacturing: South Carolina led the nation in job growth over the past year, adding 55,200 jobs, or 2.3%. Gains were concentrated in construction, health care and hospitality, while auto suppliers are gearing up for Scout Motors and BMW battery production. Food Manufacturing: Nestlé plans to shift production from its Ohio plant to an Upstate South Carolina facility in Gaffney as it restructures its manufacturing network. Startup Funding: Charleston’s Catalyst by Beemok will offer early-stage businesses up to $2 million in investment through its upcoming pitch competition. Ports and Trade: SC Ports’ new ambassador class will tour Charleston terminals and inland ports, giving business leaders a closer look at the infrastructure supporting state supply chains and economic activity.
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