HSB Blog

CFIUS Compliance Takes Form

June 20, 2022

The Committee on Foreign Investment in the United States (CFIUS) serves as a review committee for certain inbound Foreign Direct Investment (FDI) transactions, to determine if such transactions pose a risk to national security.

HSB Economic Development Update – January 2022

January 21, 2022

The HSB Economic Development team published their January 2022 news update, highlighting the following topics:

South Carolina's Economic Development Incentives

August 08, 2019

Each year, Area Development conducts a survey of site selection consultants to determine what factors are most important to companies looking to expand or relocate. Its 2018 survey identified state and local incentives as the fifth most important factor, behind skilled labor availability, proximity to major markets, highway accessibility, and labor costs. Those findings are consistent with the widely recognized view among economic development professionals that incentives alone will not bring a project to a community, but for competitive projects, they can be a key differentiator.

Exclusion from New Tariffs on Chinese Goods

August 24, 2018

Companies whose margins depend on costs of importing goods are watching new tariffs closely.

Chambers of Commerce and FOIA

July 12, 2018

In a recent opinion, the South Carolina Supreme Court held that the receipt by a chamber of commerce of public funds did not make it a public body for purposes of the Freedom of Information Act (FOIA).