Independence Air
adds to S.C. service
Independence Air debuts service today from its Washington, D.C.,
hub to both Greenville and to Charleston.
The company started service to Columbia on June 23, with seven
flights daily between the city and Washington Dulles International
Airport.
Service to Greenville-Spartanburg starts with six flights and
grows to eight Friday.
In Charleston, service starts with six flights and grows to seven
Friday.
• Charleston airport to close
short-term lot
CHARLESTON — The airport’s short-term parking lot is
closing Monday because of construction on a new 1,200-space parking
garage.
Customers can use a free shuttle at the Charleston International
Airport, which operates daily from 5 a.m. until the last flight
arrives.
• Hollings backs bill for
fire-resistant rules
Inman Mills, an Upstate textile company, says it could be helped
by a bill sponsored by Sen. Fritz Hollings, D-S.C., to set
fire-resistant standards for a variety of fabrics and other
products.
Norman Chapman, head of the company, testified in favor of the
bill Wednesday before a Senate committee. His company makes
fire-resistant material.
Hollings lost his Charleston house in a 1999 fire. Trade groups
for makers of furniture and bedding oppose the bill, according to
The (Spartanburg) Herald-Journal.
• Richmond Gear to add up to 40
jobs
LIBERTY — Richmond Gear has completed an expansion that
will add 20 to 40 jobs.
The $2.8 million expansion adds 60,000 square feet to the auto
parts company’s 125,000-square-foot facility. Richmond Gear is a
division of Regal-Beloit, based in Beloit, Wisconsin.
• South Financial grows in
Florida
GREENVILLE — The South Financial Group Inc. said it has
completed mergers with two Florida banks, giving it 23 new branches
in the state.
CNB Florida stockholders will receive 0.84 of a share of South
Financial stock for each CNB share. Florida Banks stockholders will
receive 0.77 of a share of South Financial stock for each Florida
Banks share.
The two banks’ operations will merge into Mercantile Bank, South
Financial’s subsidiary in Florida. Mercantile has 56 branches and
$4.9 billion in assets.
About two-fifths of South Financial’s assets are in Florida. Its
stock closed at $29.10 Friday, up 29 cents.
• In other news
• SCBT Financial Corp. will
pay a quarterly dividend of 17 cents per share Aug. 12 to
shareholders of record July 30. Stock in the Columbia banking
company closed at $27.10 Friday, down 46 cents.
• S.C. Federal Credit Union
has reached $1 billion in assets. The 16-branch institution has
136,000 members from the Lowcountry to Columbia.
• John B. Kimbrell is the
new president of the Greater Greer Chamber of Commerce. He has been
vice president of the Anderson chamber.
• Theda Jackson has been
named vice president of marketing for the Myrtle Beach Area Chamber
of Commerce. She had been a vice president of the chamber in
Denver.
• Diversco Inc. of
Spartanburg has bought the Tampa, Fla., operations of TPG Staffing
Inc. Diversco provides contract maintenance and other outsourcing
services to 1,500 companies.
From Staff and Wire
Reports |