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SCBIZ Daily
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TODAY'S HEADLINES  |  Aug. 27, 2020

Upstate credit unions merge, take new name

Members of two federal credit unions in the Upstate voted to finalize a merger proposed in June under the name Spero Financial. The new entity will keep its Greenville headquarters. 

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.

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Economic developers see Upstate investment spike

The country’s economic rebound from the COVID-19 pandemic may not be “V-shaped,” but investment in the Upstate has picked up over the summer, regional economic development leaders say, with an increased interest from the pharmaceutical, medical supply and food and beverage sectors.

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.

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Cash versus credit: Businesses face several considerations

While there is no federal requirement that businesses accept cash, there are reasons some states have passed such legislation, legal observers say. A coin shortage fueled by the pandemic has brought the issue into focus.

Midlands companies make list of nation's fastest-growing

KRJ Consulting LLC led area businesses in Inc. 5,000’s 2020 list, ranked by three-year percentage revenue growth from 2016 to 2019. The business management consulting company ranked No. 546 with 848% growth.

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