South Carolina Business Review

Volvo, SC Ports, sawmills, and rate hikes

By Mike Switzer

Published July 21, 2025 at 6:30 AM EDT

Ways To Subscribe

Jessica Holdman, reporter for the South Carolina Daily Gazette in Columbia, S.C.

Volvo is adding a new car line to SC production, the legislature gives the green light to delayed port projects, sawmills are opening and closing across the state, and Duke Energy is looking to raise rates. Mike Switzer interviews Jessica Holdman, a reporter with the South Carolina Daily Gazette in Columbia, SC.

Tags

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.

See stories by Mike Switzer