South Carolina Business Review

New gas power plant cost estimates nearly double

By Mike Switzer

Published December 8, 2025 at 6:30 AM EST

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

Mike Switzer interviews Jessica Holdman, a reporter with the South Carolina Daily Gazette in Columbia, SC. Jessica tells us that the new gas plant planned for Canadys has significantly increased cost estimates. She also reports on a data center expansion in Greenville, a new supplier plant for Scout Motors in Orangeburg, and a grant program helping farmers invest in new technologies.

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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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