SCBIZ Daily for Sept. 2, 2020

Lowcountry SCRA-backed company acquired by global investment firm

EnviroMix, which makes water and wastewater treatment systems, has been acquired by GEF Capital Partners. The global investor will gain controlling interest in EnviroMix’s wastewater technology.

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.

Lowes continues S.C. expansion in West Ashley, Hanahan

The Winston-Salem, N.C., grocery store chain is purchasing Bi-Lo stores in West Ashley and Hanahan to convert the locations to Lowes Foods stores by next summer. The company owns stores across the state, including in Summerville and Mount Pleasant.

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.

Christian literature store opening Lexington location

Biblestore Outlet will open its second S.C. branch on Sept. 10 at 5410 Sunset Blvd. The ministry of OM Ships International opened a Florence store last June. The Lexington store has openings for a full-time manager and other staff.

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