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York County Economic Insight | Summer 2019 Issue

 

From The Director's Desk. 
Each summer we officially close out our fiscal year. Unemployment remained below four percent, wages have been increasing, and our population growth continues to rank the second highest in the state. York County Economic Development recognized 10 firms locating or expanding operations in the county, with plans to add over 930 new jobs and investments over $86 million. And just recently The Bureau of Labor Statistics ranked York County 3rd, in the percent change in employment (gain) from March 2018-2019.  

And while keeping tabs on national trends in wages is important, nothing beats having that data directly from our local employers. For the third year in a row, York County Economic Development has surveyed local companies related to wages and benefits. These survey results have captured crucial workforce data including wages, benefits and training initiatives of more than 65 companies throughout York County, and representing more than 9,500 employees in the manufacturing and distribution sectors.

The private real estate development market remains strong. Currently there are eight speculative buildings generating over 1.8 million square feet of industrial space in York County. This level of growth continues to keep us one of the top submarkets in the Charlotte region, and all of South Carolina, allowing opportunity for more new jobs and investment in York County. 

As we move into the next fiscal year, our focus will be on a strategic planning effort for economic development in York County. Through this effort, it is our hope that collectively we might best align the direction for our future growth and ensure that York County remains -- The Location You Need. The Life You Want. 
 
Sincerely,

 
– David Swenson, Director of York County Economic Development

York County Economic Development rolls out results of 2019 wage and benefit survey | Average wage up 6% 

York County Economic Development rolled out the results of its most recent wage and benefit survey this week. Managers and human resource professionals representing nearly 30 York County industries attended the event.

In its third consecutive year, the survey captured crucial workforce data including wages, benefits and training initiatives. This year more than 65 companies throughout York County participated, representing more than 9,500 employees in the manufacturing and distribution sectors.

Read More
 

HG Global Services, Inc. Their beginnings, their journey, their unique solutions & more...

We recently sat down with Tripp Gwin and Shane Hughes of HG Global Services, Inc. These two talented friends started a one-of-kind manufacturing company that is becoming the go-to solutions based manufacturing company for some of the biggest names in the industry. Read about what they had to say about their special projects, their key clients, their connections across the globe and more.

Read More + VIDEO
 
"We have had the pleasure of working with several great local start-ups. Slow Play Brewing and Dust Off Brewing were a blast! Both establishments wanted the industrial custom look. We worked with the clients to determine exactly what they envisioned, utilized state of the art rendering software, fabricated the signage, and delivered a product that we can be proud of. Knowledge Park has also been a good project for us from decorative handrails to kitchen counters.– Shane Hughes, CEO/Owner, HG Global Services, Inc.
 

York County's Economic Development activity
For a quick round up York County's Economic Development activity, click on the Google map provided below. This interactive map represents a current snapshot of the following:

Recent announcements and expansions (orange)
Speculative buildings planned, under construction or recently completed (blue)
Significant mixed-use developments under construction within the county (purple) 

 
Other Notable News & Links:
 
York County Highlights:
Regional & State Highlights:
Fun Stuff:
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YORK COUNTY ECONOMIC INSIGHT

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