South Carolina Secures $9.1B in Capital Investment from New and Expanding Businesses in 2025
In 2025, South Carolina achieved its third-best year for capital investment, attracting $9.12 billion from 82 economic development projects expected to create 8,100 jobs. Nearly 46% of this investment, approximately $4.25 billion, was directed towards rural areas.
Notable projects include a $280 million biomass energy plant by Carolina Renewables Products in Orangeburg County and a $250 million wood-fiberboard factory by Homanit in Clarendon County. Cielo Digital and NorthMark Strategies led the investment deals, planning to invest a combined $5 million in data centers in Cherokee and Spartanburg counties.
Additionally, 32 projects qualified for $25 million in public grants to support local infrastructure improvements. The results were announced during the 2026 Governor's Economic Summit.
