SCBIZ Daily for Jan. 4, 2021

Westinghouse locating new facility in Clarendon County

The nuclear power company’s operations at 1878 Joe Rogers Jr. Blvd. in Manning will expand Westinghouse’s welding and machining capabilities. It is expected to be complete by January 2021.

Motor Fuel Income Tax Credit cap increasing to $85M

The upcoming tax year is the third in which S.C. residents can claim the credit, which offsets the state's gas tax. For the 2020 filing year, 79,000 returns claimed the credit, for a total of $3.4 million, according to the S.C. Department of Revenue.

Analysts say saving small businesses from crisis could save larger economy

Overall, small businesses employ 47% of the country’s workforce and generate two-thirds of new jobs. A College of Charleston business school professor says VaLinda Miller, owner of Turning Page Bookshop in Goose Creek is part of a growing trend of women and Black entrepreneurs starting businesses at an increased rate.

Unemployment claims dip in final week of extended benefits

For the week ending Dec. 19, 3,583 initial claims were filed in S.C., a drop of 140 from the previous week.

Nephron to add non-respiratory drug to portfolio

West-Columbia based Nephron Pharmaceuticals Corp. received FDA approval for its abbreviated new drug application for Ketorolac, a nonsteroidal anti-inflammatory drug used to relieve pain.

Spinx raises $325,250 for the American Cancer Society

As part of The Spinx Co.'s 12th annual fundraiser for the American Cancer Society, the Greenville-based convenience retail chain raised $325,250 across 84 stores this fall.

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