The Detroit Of South Carolina

18 November 2003 - 12:00pm

A new automotive research campus in Greenville could make the city a new hub for the car and motorsports industry.

"A 400-acre automotive research campus, to be developed by Clemson University, promises to make South Carolina a hub of the nation's automotive and motorsports industry. The project already has generated $90 million in state and private support, including commitments from BMW and IBM...'This project represents a new model for economic development in South Carolina, a model in which research universities are actively engaged in creating high-paying, knowledge-based jobs,' said Clemson President James F. Barker. 'The project proves that the combination of academic strength, industry partnerships, local leadership, and strong state support is a very powerful formula'...Clemson plans to recruit nine faculty and up to 50 graduate students, who are expected to generate at least $5 million a year in research support... There already are 200 automotive-related businesses in South Carolina and another 114 automotive industry suppliers located in the Palmetto State."

Source: Ascribe, November 13, 2003
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