Important Economic Boosts for Summerville & Charleston Area-Google, DuPont & AirTran

While many areas of the country are struggling and words like “market correction” and “economic downturn” are being tossed around, the Lowcountry of South Carolina continues to chug along. While it is true that our market is softer than it has been in years, promising events are happening and are slated to happen. Among three large boosts to our area are Google, DuPont and AirTran Airways.

 GOOGLE: Located on 520 acres at the Mt. Holly Commerce Park in Berkeley County, the new Google facility will create approximately 200 new jobs with average salaries around $48,000/year. While this is wonderful news, even better is the fact that a large amount of the 600 million dollars projected to be spent on this facility will go to local engineering and construction firms for the preparation and building of the data center site.
• “We are so pleased to formally announce our presence in South Carolina and our plans to build a data center,” said Lloyd Taylor, Director of Global Operations, Google Inc. “The Governor, Department of Commerce, and Berkeley County officials have been wonderfully helpful during our evaluation. We look forward to growing our business and becoming an active member of the Berkeley County community.”
• “Given the stature of this company and the magnitude of this investment, this is a real win for South Carolina and will have a tremendous impact on the local and state economy,” Gov. Mark Sanford said in a statement.
For more information on the Google Data Center and Prospective Jobs visit:
http://www.google.com/datacenter/berkeleycounty/index.html

DUPONT: Immediately following Google’s announcement, Dupont announced their plan to undertake a 500 million dollar expansion of their plant in Berkeley County. This plant will primarily produce the material Kevlar-a strong fiber used to strengthen bridges, build airplanes and stop bullets. Because of the strong demand for Kevlar, Dupont has had a hard time keeping up with the demand. The new expansion at DuPont will create 100 permanent DuPont jobs and more than 400 contractor jobs during peak construction.

AIRTRAN AIRWAYS: The Charleston/Summerville area has been blessed with a strong and growing economy and is a desirable place for people to visit and relocate. AirTran Airways landing at the Charleston International Airport this past summer has helped drive down ticket prices and increase air traffic to record highs, opening up the region to more tourisms. All of these things are working together to bring in new people which will help continue to stabilize the housing market.

To discuss selling your home or buying a new home please contact me at Foster@HomesofSummerville.com or www.HomesofSummerville.com.

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