Life Sciences Research Facility Breaks Ground in Lowcountry

By Mike Switzer

Published October 17, 2018 at 5:00 AM EDT

We often talk about the importance of the automobile and aerospace industries to our state, but the life sciences also have a big impact: over 15,000 employees with an average salary of almost $80,000 and a total state economic impact of $11.4 billion. And that’s exactly why our next guests organization has recently broken ground on a new life sciences research facility in the Lowcountry.

Mike Switzer interviews Bob Quinn, executive director of SCRA in Summerville, SC.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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