South Carolina Ports (SC Ports) has had a $9.7 billion economic effect in the Pee Dee region by supporting port-dependent firms, according to a recent economic impact study.
According to Dr. Joseph Von Nessen, a research economist and professor at the University of South Carolina Darla Moore School of Business, this economic effect supports – both directly and indirectly – 29,000 employment in the Pee Dee region.
Looking at South Carolina as a whole, port operations support 260,000 employment, which means that one in every nine jobs in the state is directly or indirectly related to SC Ports.
SC Ports President and CEO, Barbara Melvin, said: “South Carolina Ports is a port system for the entire state, and you can see that impact in every region.
“In the Pee Dee, we move cargo for agricultural producers, advanced manufacturers and retailers. We are proud to connect their products to international markets, further supporting their growth.”
Von Nessen stated: “Port operations attract port-dependent businesses to locate or expand throughout the state, generating billions in economic impact and supporting thousands of jobs for South Carolinians. Our state’s economic success is directly linked to SC Ports’ continued growth.”
Melvin added: “Having a well-run port system and rail-served inland ports in South Carolina attracts port-dependent businesses to invest in our state and create new jobs.
“We make bold investments with big impacts. SC Ports is proud to play a role in supporting the Pee Dee region’s economy and creating opportunities in our communities. We look forward to growing together for years to come.”
One month later, it was reported that SC Ports generated almost $87 billion in statewide economic effect on South Carolina each year.