Revving the Economic Engine: South Carolina's Auto Cluster
As this report from the NADO Research Foundation illustrates, over the last 30 years South Carolina has developed a flourishing, globally competitive automotive and ground transportation cluster that has become a major engine of economic growth in the state. While the impact of the auto and ground transport industries on the state's economy may seem obvious with the large presence of BMW and Michelin alone, the full breadth and depth of the auto cluster was not realized until 2011, when the University of South Carolina Moore School of Business published the first comprehensive analysis of this economic engine. South Carolina has a reputation for being a competitive state among economic development circles, and the state also has significant transportation facilities such as the deepwater Port of Charleston, inland port in Greer, and rail and interstate corridors providing connections within the state and to nearby cities. The auto cluster should not be seen as a silo however, and should serve as a model for leveraging South Carolina assets to promote other sectors.
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