Manufacturing and Supply Chain Report for Aug, 5, 2020

Boeing could consolidate 787 operations

The president and CEO said the company was considering consolidating Dreamliner manufacturing into one location, which could signal closing North Charleston, moving all operations to North Charleston or a third option. The company also is considering an additional workforce reduction. (Charleston Regional Business Journal)

Michelin distribution hub to export tires through Inland Port

Michelin will expand its use of Inland Port Greer by exporting finished tires from its 3 million-square-foot distribution center in Woodruff — the tiremaker's largest distribution center serving about 60% of its North American customers. (GSA Business Report)

Greenville companies patch a hole in COVID-19 supply chain

As politicians and policy influencers make a case for bringing the manufacture of critical medical supplies to American soil, a pair of Greenville companies just started doing business together to make sure a critical step in the testing supply chain is not just made in the USA, but made in Greenville. (GSA Business Report)

IFA expansion completed in Summerville

The expansion more than doubles IFA’s original operation at the Charleston Trade Center and will allow the company, which makes driveshafts for automotive manufacturers, to consolidate operations from a second facility in Ladson. (Charleston Regional Business Journal)

Hempgrid aims to strengthen the hemp supply chain

Hempgrid, a new entity formed by the Hemp Alliance Group, is working to leverage hemp to strengthen the domestic manufacturing economy and reduce imports, boosting the market for hemp fiber and for health and wellness derivatives such as CBD. (Charleston Regional Business Journal)

Duke Energy Carolinas proposes lower electric bills

Duke proposal would lower power bills for businesses by 5.6% and industrial electric bills by 9.8%. New rates require approval from the S.C. Public Service Commission. (GSA Business Report)

Dominion announces 2nd-quarter loss, leadership change

Dominion Energy cited worse-than-normal weather and Atlantic Coast Pipeline costs in the net loss of $1.2 billion. The company also promoted Robert Blue to president and CEO to succeed Tom Farrell, who will become executive chair Oct. 1. (Columbia Regional Business Report)