COLUMBIA, S.C. (WCIV) -- A new report released Thursday shows that South Carolina is the top destination for foreign investments.
The analysis, done by IBM-Plant Location International, ranked the state above North Carolina and Texas. The data is collected through IBM's Global Investment Locations Database, which tracks companies and their jobs announcements throughout the year.
"It is exciting to see South Carolina once again recognized as the ‘it' place for business investment. Foreign firms have played and continue to play a key role in our state's economy. We have worked hard to show companies from around the globe that South Carolina is the place to put down roots and do business, and this ranking is another indication of our success," said Gov. Nikki Haley.
IBM-PLI publishes the list annually.
"South Carolina is just right for business, and plenty of international companies know it. Hundreds of foreign firms employ tens of thousands of residents throughout our state, creating wealth and helping make the communities they're in sustainable. The IBM-PLI report's ranking is another confirmation that people are sitting up and taking notice of the economic development successes we've had here in the Palmetto State," said Secretary of Commerce Bobby Hitt.
To read the full report, click here.