
Dear SCMC Members,
This week’s General Election was a historic one for South Carolina, bringing significant changes to our state’s elected leadership. For more details on election results, please view SCMC’s General Election Recap.
SCMC congratulates Governor-elect Alan Wilson, Lieutenant Governor-elect Mike Reichenbach, and all newly elected constitutional officers. We also congratulate U.S. Senator-elect Annie Andrews, Congressman-elect Wes Climer, and Congresswoman-elect Nancy Lacore, along with the members of South Carolina’s congressional delegation who won reelection.
As we look ahead to 2027, SCMC remains committed to working with the new administration, our congressional delegation, and members of the General Assembly to advance policies that strengthen South Carolina’s business climate, support job creation, and maintain our state’s economic competitiveness.
We look forward to building on South Carolina’s success and working together to ensure our state remains a great place to live, work, and do business.
In This Issue
Four on Friday
1. SCMC Receives Natural Gas Ally of the Year Award
On Wednesday, SCMC received the 2026 Natural Gas Ally of the Year Award from the Carolinas Natural Gas Coalition. The award recognizes our efforts to advance reliable, affordable energy through our Energy Council, Blueprint 2036 initiative, and continued focus on strengthening South Carolina’s energy infrastructure.
2. SC Business Week Is Here!
Student applications for SC Business Week opened this week and are already pouring in. If you know a high school student interested in learning the principles of business through an intensive, interactive experience, encourage them to apply today. South Carolina businesses and professionals can also make a lasting impact by sponsoring or volunteering as a student advisor or speaker. Learn more.
3. Updated Tort Costs in America Study Released
This week the U.S. Chamber of Commerce’s Institute for Legal Reform (ILR) released the fourth edition of the Tort Costs in America study, highlighting the cost of the U.S. tort system on businesses, households, and the broader economy. In South Carolina, the average tort cost is $4,222 per household, while tort-related costs account for 2.48% of the state’s GDP, the 8th-highest share in the country. Learn more here.
4. Real Result: Tax Cuts for Small Businesses
The first $10,000 of a small business’s personal property is now exempt from taxation thanks to the SCMC-backed Small Business Tax Cut of 2026. Thank you to our members, whose support makes it possible for SCMC to keep advancing wins for the business community.
Upcoming Events
SCMC Annual Meeting | Nov. 10-12, 2026
SCMC Sporting Clays Classic | Nov. 20, 2026
2026 Economic Outlook Conference | Dec. 8, 2026
2027 SC Automotive Summit | Feb. 15-17, 2027
Member Spotlight
Macedonia Middle School’s Don Walton Named 2026 Principal of Excellence
The South Carolina Department of Education (SCDE), in partnership with Dominion Energy and South Carolina Manufacturers and Commerce, announced Macedonia Middle School’s Don Walton as the recipient of the 2026 Principal of Excellence Award. Read more.