International Paper Co. investing $175M in Eastover mill

The investment by the Tennessee-based company during the next 10 years will help with costs as well as environmental and maintenance initiatives. The mill has approximately 700 employees and an annual economic impact of $90 million. (Columbia Regional Business Report)

Santee Cooper, Westinghouse reach equipment settlement

An agreement finalized Aug. 28 will give Santee Cooper ownership of all non-nuclear equipment associated with the V.C. Summer nuclear project. Santee Cooper and Westinghouse will split net proceeds from the sale of nuclear equipment. (Columbia Regional Business Report)

Charleston Harbor deepening on schedule, fully funded

The project, which has been funded through state and federal dollars, will deepen Charleston Harbor to 52 feet. The deepening is on track to be completed by mid-2022. (Charleston Regional Business Journal)

Duke Energy selects properties for site readiness

Duke Energy has selected three properties across the state for its 2020 Site Readiness Program which helps enhance sites for business and industrial development with help from Global Location Strategies, Strategic Development Group and Site Selection Group. (GSA Business Report)

North Charleston chemical company names new CEO

After Ingevity's former president and CEO resigned in February for personal conduct matters, the specialty chemicals company has appointed John C. Fortson to take on the role starting Tuesday. Fortson has been with the company since 2015. (Charleston Regional Business Journal)

Construction begins on 6-megawatt Denmark solar facility

The 6-megawatt facility in Bamberg County will generate enough renewable energy to power an equivalent of 1,000 homes and is one of three solar operations Dominion has acquired from Charleston-based Southern Current. (Columbia Regional Business Report)