Tuesday, October 29, 2013

The Agenda: MeadWestvaco's sell-off; NY gun company to S'ville; Upstate pols write Sebelius

Developer says local apartments driving strong market

Posted by Sam Spence on Tue, Oct 29, 2013 at 11:31 AM

Paper and packaging company MeadWestvaco announced yesterday that it would sell more than a half-million acres of forestland across the eastern U.S. for $1.1 billion. 109,000 acres of the land lies in the Charleston area, making up 200,000 acres total in S.C. [The State, P&C]

Congressman Jim Clyburn and Senator Lindsey Graham will sit on the conference committee set up during the government shutdown to hash out a deficit reduction plan and budget by mid-December. [The State]

On the front page this morning: Folly Beach officials say they're mounting an effort to get community homeowners to properly display their street addresses outside their homes. [P&C]

Upstate U.S. Reps. Trey Gowdy and Mick Mulvaney joined Utah Congressman Jason Chaffetz in sending a letter to Health and Human Services Secretary Kathleen Sebelius, questioning the federal government's role in the problem-plagued rollout of healthcare.gov. [The State]

American Tactical Imports, a New York-based firearms company, says it will relocate its headquarters it will expand its footprint in Palmetto Commerce Park. [P&C]

Beach Company officials tell the Charleston Regional Business Journal that they're seeing apartment occupancy and rental rates at a 20-year high in the Charleston area. [CRBJ]

Jasper County officials say a new port terminal planned for the S.C. side of the Savannah River is behind schedule. [CRBJ]


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