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York County Economic Insight | Winter Issue 2023

 

From The Director's Desk. 
2022 was a great year in our state for economic development. The Palmetto State economy rebounded in employment and hit a record year with announcements totaling over $10 billion and more than 14,000 future jobs. Here in York County we had seven firms commit to investing $140 million and creating 274 new jobs. Much of this success in our state and local community was a result of our strong manufacturing companies, in particular, those in the automotive sector supplying the electric vehicle market.

In helping to keep our county competitive, it is critical for us to tune in to what our companies are thinking and feeling. This past year, in addition to sitting down with local companies on a monthly basis, we added a new Business Pulse Survey to gauge how companies have been doing over the past six months, as well as their forward-looking view of 2023. The survey (now set to run twice a year) was extremely informative in understanding the challenges and opportunities of businesses in York County.

With 2022 a record year and 2023 just getting started, we see more and more interest confirming that York County is -- The Location You Need. The Life You Want. 
 
Sincerely,
 
– David Swenson, Director of York County Economic Development

STIWA US, Inc. to Expand and Relocate New North American Headquarters in York County
STIWA US, Inc., recently announced plans to expand and relocate its new North American headquarters in York County. The company’s $30 million investment will create 48 new jobs over the next five years.

Headquartered in Austria, STIWA US, Inc. is an advanced automation company, specializing in high performance automation with a focus on individual customer and product requirements.

READ MORE HERE
 

Element Designs Relocating Headquarters and Manufacturing Operations to York County
Element Designs, one of the leading North American manufacturers of custom aluminum frame glass cabinet doors, today announced plans to relocate its headquarters and manufacturing operations to York County. The company’s $5 million investment will bring approximately 100 new jobs to Fort Mill over the next five years.

READ MORE HERE
 

Take a Tour: Connecting Bright Minds & Big Ideas 
For the 7th year in a row, the Charlotte Business Journal, York County Economic Development and Rock Hill Economic Development have worked together to publish a special insert designed to capture all the latest economic development news within York County.

A little bit of everything, the insert highlights some of the latest projects, 2022 accolades and initiatives, as well as future development projects in and around York County and Rock Hill.

Browse, skim, read or download it here!

 

A Gift Turned into Greener (Thumbs) Pastures 
Following a year of heartache and disappointment, the result of a healthy coping mechanism actually ended up birthing a new passion for Whitney Shea, owner of Green Space Plant Co.

A story of entrepreneurial success in York County, SC. Check it out here!

"This community has welcomed our business with open arms and supported us through it all. And as we make plans to plant more roots here, my mission continues – with this support – encouraging as many people as I can to make space for something green in their lives.” – Whitney Shea, owner of Green Space Plant Co.
 

Rock Hill's Comprehensive Approach to Address Affordable Housing 
In addition to traditional economic development activities such as business recruitment and retention, job creation, and entrepreneurship and workforce development resources, Rock Hill’s Economic and Urban Development Department extends to community and housing development. Efforts to establish available housing options help contribute to the overall economic well-being of the community so citizens of all income ranges can choose to live in Rock Hill.

Read about the initiatives helping to address housing here.

 

York County Economic Development Reports Results of Business Pulse Survey
York County Economic Development recently reported the results of the 2022 Business Pulse Survey. This survey provides insights on current economic conditions as well as expectations about the future business climate, helping to provide local business and industry with useful comparisons locally, regionally and nationally. Find the full press release and survey here or at links below. 

FULL PRESS RELEASE HERE
DOWNLOAD SURVEY RESULTS HERE
 
Other Notable News & Links:
 
York County Highlights: Regional & State Highlights: Good to know:
SEARCH YORK COUNTY PROPERTIES HERE
SEARCH YORK COUNTY DATA CENTER HERE
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YORK COUNTY ECONOMIC INSIGHT

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