South Carolina Secures $9.1B in Capital Investment from New and Expanding Businesses in 2025
In 2025, South Carolina attracted $9.12 billion in capital investment from 82 economic development projects, marking its third-best year for such investments and creating 8,100 jobs. Nearly 46% of this funding, approximately $4.25 billion, was allocated to rural areas, with significant projects including a $280 million biomass energy plant and a $250 million wood-fiberboard factory. Additionally, 32 projects qualified for $25 million in public grants aimed at enhancing local infrastructure.
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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.
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