Gov. McMaster touts SC's manufacturing success as Biden visits electric busmaker
Maayan Schechter, The State (Columbia, S.C.)
Apr. 20—COLUMBIA, S.C. — Gov. Henry McMaster and other state leaders on Tuesday celebrated the success of South Carolina's manufacturing industry, which has so far been able to weather the economic weight of the COVID-19 pandemic over the past year.
A new study released Tuesday from nonprofit S.C. Future Makers and the South Carolina Manufacturers Alliance said the current economic impact of the industry on the state is $206 billion a year, representing about 703,000 direct and indirect jobs. Tax revenue from manufacturing accounts for about 38% of the state's annual general fund budget, the report said.