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South Carolina Sees $3.5 Billion in Industrial Projects Under Construction

While showing less overall industrial spending than its neighbor North Carolina, South Carolina is still going strong, with more than $3.5 billion in projects under construction.

Released Tuesday, August 24, 2021

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Researched by Industrial Info Resources (Sugar Land, Texas)--While showing less overall industrial spending than its neighbor North Carolina, South Carolina is still going strong, with more than $3.5 billion in projects under construction. The projects cover a range of industries, including Industrial Manufacturing, Food & Beverage and Metals & Minerals.

One of the biggest projects under construction is the expansion of a gold mine and mill near Kershaw. OceaniaGold Corporation's (Melbourne, Australia) mine processing plant will be expanded from 7,000 to 10,000 tons per day. The mining rate will increase from 14 million tons per year to about 30 million tons per year, extracting more than 187,000 ounces of gold each year. The project kicked off in 2019 and is approaching completion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for the detailed project report.

In recent years the hard seltzer market has exploded in the U.S., and beverage giant Mark Anthony Group (Vancouver, British Columbia) is capitalizing on this trend with the construction of a grassroot brewery and distribution center in Columbia, with a prime focus on the popular White Claw brand. According to ABC Columbia, the 1.2 million-square-foot facility will be one of the largest breweries built in the U.S. in the past 25 years. The facility also will produce Mike's Hard Lemonade and Cayman Jack Cocktails, demand for which is increasing in the southern U.S. Construction kicked off late last year and is expected to be completed in the coming months. Subscribers to Industrial Info's Food & Beverage Project Database can click here for the project report.

The rise in demand for consumer goods has escalated since the onset of the COVID-19 pandemic, with a sharp rise in e-commerce. One of the U.S.' biggest retailers, Walmart Incorporated (NYSE:WMT) (Bentonville, Arkansas), is expanding its reach in South Carolina with the construction of a grassroot direct import distribution center in Ridgeville, about 35 miles northwest of Charleston. The 2.8 million-square-foot facility will include 500 loading docks to fulfill e-commerce orders and serve as a new storage and cross-dock facility to supply several regional distribution centers as well as support approximately 850 Walmart and Sam's Club stores across South Carolina. The project broke ground last December, and it is expected to take about 14 months to complete. Caddell Construction Company LLC (Montgomery, Alabama) is the general contractor. Subscribers to Industrial Info's Industrial Manufacturing Project Database can click here for the project report.

Related to the rise in e-commerce is the need for more data centers, and in Greenville, South Carolina, DC Blox (Atlanta, Georgia) is constructing a 54,000-square-foot facility with six distinct halls capable of generating 18 megawatts (MW) of critical power to support customers such as broadband carriers and public entities. The project kicked off earlier this year and is set to be completed in fourth-quarter 2021. Subscribers can click here for the project report.

Power company Duke Energy Corporation is aiming for net-zero carbon emissions from electricity generation by 2050 and is implementing renewable power to help achieve this goal. In Salem, South Carolina, Duke is upgrading four turbines at the Bad Creek Pumped-Storage Hydropower Station. The turbine runners are being replaced and generators rewound. Upon completion late next year, the project will increase the facility's generating capacity by 200 MW to 1,064 MW. Subscribers to Industrial Info's Power Project Database can click here for the project report.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.

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