Economic developers select leaders

MYRTLE BEACH -- The South Carolina Economic Developers’ Association announced its 2019-20 officers and board of directors during the organization’s annual conference in Myrtle Beach.

SCEDA and its 800-plus members have been the "Voice of Economic Development" in the Palmetto State for more than 50 years.

Andrena Powell-Baker, senior manager of community relations and development at Lockhart Power Co., will serve as the 2019-20 SCEDA president.

Among those on the board of directors is secretary Sandy Steele of the SouthernCarolina Regional Alliance.

Newly elected directors include John Truluck of Dorchester County Economic Development.

Ports Authority reports volume growth

CHARLESTON – The South Carolina Ports Authority reported 10.4% fiscal year-to-date container volume growth, with nearly 2 million 20-foot equivalent container units handled since July.

SCPA moved 204,621 TEUs across the Wando Welch and North Charleston container terminals in April, a 4.2 percent increase compared to April 2018 volumes.

As measured by the total number of boxes handled, SCPA moved 116,443 pier containers in April for a total of 1.1 million containers fiscal year to date.

“April was strong for SCPA’s container business, supporting volumes well above planned levels with only two months remaining in the fiscal year,” said Jim Newsome, SCPA president and CEO. “Our continued growth is testament to the commitment and skills of our employees and maritime community, and we look forward to a very positive FY2019 finish in June.”

Both inland facilities reached near-record volumes in April. Inland Port Greer handled 13,724 rail moves, the second highest month in its history, for total fiscal year-to-date volume of 112,952 moves. Inland Port Dillon also achieved the second-best month in its history, with 3,411 rail moves. April marked the one-year anniversary of the opening of Inland Port Dillon, which has handled 24,423 rail moves since SCPA’s fiscal year began.

P&C buys Steeplechase of Charleston

The Post and Courier is getting into the horse racing business, acquiring the ownership rights to Steeplechase of Charleston, according to the Charleston Regional Business Journal.

P.J. Browning, publisher of The Post and Courier, announced at The Dewberry that acquiring the event helps the media company to diversify its portfolio and invest in its community.

“It makes good business sense for all of us here to pay attention to the ways in which Charleston residents and visitors alike embrace our unique events,” Browning said. “Thousands of people attend festivals around town each year, and there’s every reason that this can and should happen with Steeplechase.”

A steeplechase is a horse race in which horses must jump over obstacles along the way to the finish line. Toby Edwards, race director for Steeplechase of Charleston and a former jockey, said the history of steeplechase in Charleston dates back to 1792.

For the past several years, Steeplechase of Charleston has been run at the Stono Ferry Racetrack in Hollywood.

The Carolina Cup steeplechase attracts thousands each year to the event in Camden.

The Post and Courier purchased the Steeplechase of Charleston from The Randolph Co., a Sullivan’s Island-based marketing company that bought the race in 2018. Austin Walker, CEO of The Randolph Co., declined to say how much he had sold the Steeplechase for.

“Because Steeplechase occupies such a colorful, storied place in the history of this community, we also want to make sure that we inform Charleston’s future with this race and what it has meant,” Browning said.

“So when Austin approached us about a partnership, we jumped at the chance and felt like it was a perfect fit with what we have going on.”

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