MBREDC Holds Annual Meeting

Sandy Davis, President & CEO, shared that over the past decade, the Myrtle Beach area has seen tremendous growth, including an increase in population (300,000 to over 400,000) and a decrease in unemployment (7.2% down to 5%). The number of existing industries has increased from 79 in 2014 to the current number of 162, including such industries as Amazon, FedEx, and DC BLOX, a subsea cable station creating worldwide digital connections.

A keynote address was given by Sam Blatt, Amazon Economic Developer. He explained how the new center in North Myrtle Beach is not only a last-mile facility but also has fulfillment capabilities allowing same-day delivery on in-stock items.

As our area continues to grow, the MBREDC will continue to work to make Horry County not only bigger but BETTER!

Thank you to our sponsors: Carolina Cool, Horry Electric Cooperative, and HTC.

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Helping South Carolina Manufacturers Grow

How AI And Skills-Based Hiring Are Reshaping The Job Market

By Kara Dennison, SPHR, CPRW, EC: Forbes

The American job market is on the cusp of a significant transformation. As AI integrates into businesses, companies are re-evaluating their hiring practices. The traditional emphasis on degrees and years of experience gives way to focusing on specific skills. This shift comes as organizations deal with rapid technological advancements and a changing economic outlook.

Not only are we expecting a cooling trend in salary increases, but we are also looking at a labor market in a transition. There’s a growing interest in skills-based hiring, especially in technical roles. A recent report from Test Gorilla found that 88% of tech companies use skills-based hiring to recruit new talent. Additionally, 89% of tech managers are happy with their skills-based hires in the past year.

Switching to skills-based hiring has clear benefits, especially with AI. But, adopting this new approach in companies is easier said than done. Leaders and hiring managers across all sectors are finding that there’s much work to do to prepare their organizations for this shift.

Interested in sponsoring a 2025

MBREDC Event?

Benefits of sponsoring:  

• Your company name/logo/hyperlink emailed in the invitation to all MBREDC members at least twice prior to the event.
• Your company name/logo displayed at the event.
• 3-5 minutes to discuss your business during the event.
• Opportunity to hand out and/or display materials during the event.
• Shared guest list after the event.
• Additional invitations to the event as possible.

Contact Sandra James for more information

and to reserve an event in 2025

Also, we wish to thank SC DEW for sponsoring our bus!

Visit along with us each month to learn about industries in our community. You can find us on Facebook, Instagram, and an interview with Liz Callaway.

Santee Cooper Seeking Proposals to Acquire and Finish V.C. Summer Nuclear Station Expansion

Responding to interest nationally in new nuclear power to help meet growing electricity needs, Santee Cooper today launched a process seeking proposals to acquire and complete, or propose alternatives, for two partially constructed generating units at the V.C. Summer Nuclear Station in Jenkinsville, S.C.

“We are seeing renewed interest in nuclear energy, fueled by advanced manufacturing investments, AI-driven data center demand, and the tech industry’s zero-carbon targets,” said President and CEO Jimmy Staton. “Considering the long timelines required to bring new nuclear units online, Santee Cooper has a unique opportunity to explore options for Summer Units 2 and 3 and their related assets that could allow someone to generate reliable, carbon emissions-free electricity on a meaningfully shortened timeline.”

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