John McDermott

Charleston

Business Editor at Post and Courier

Business editor at The Post and Courier; University of Hawaii grad.

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Articles

SC short-order breakfast and lunch chain plans its 5th Charleston location

3 days ago | postandcourier.com | John McDermott

A rapidly expanding South Carolina-based breakfast-and-lunch chain that cut its teeth in Pawleys Island is adding another restaurant in the Charleston area. Eggs Up Grill said in a recent update that it has signed franchise agreements for six short-order locations across several states, including one coming to James Island. All of them are expected to open by later this year or early 2026, the Upstate-based company said.
Volvo's SC plant to reopen after supply chain issues halt production

6 days ago | postandcourier.com | John McDermott

Volvo Cars plans to reopen its South Carolina plant this weekend, saying May 30 that it was forced to suspend production over an unspecified "supply chain issue."A spokesperson for the automaker said that assembly work at the Ridgeville factory "was temporarily paused.""We have been working to resolve the issue as quickly as possible and production will resume on Saturday, May 31," according to a statement.
Ex-SC public railway CEO is sentenced in $420K bid-rigging kickback scandal

2 weeks ago | postandcourier.com | John McDermott

CHARLESTON — The former CEO of South Carolina's public railroad was sentenced to five years of probation for taking as much $136,500 in bid-rigging kickbacks that came to light after a local business owner was charged in a separate illegal payoff scheme. Jeffrey McWhorter, 63, pleaded guilty to one charge of fraud in December for pocketing the money while he was at the helm of Palmetto Railways, stunning colleagues and marring an otherwise spotless public service record.
Boeing SC scores a record 787 order from Qatar, Trump says

3 weeks ago | postandcourier.com | John McDermott

CHARLESTON — Boeing Co. secured what the White House called a "landmark" business deal with Qatar Airways, including the largest-ever order for the North Charleston-based 787 program. The transaction announced May 14 calls for the carrier to buy 130 South Carolina-built Dreamliners and 30 777X jets that will be made near Seattle.
Boeing SC scores a record 787 order from Qatar, Trump says

3 weeks ago | postandcourier.com | John McDermott

CHARLESTON — Boeing Co. secured what the White House called a "landmark" $96 billion business deal with Qatar Airways, including the largest-ever order for the North Charleston-based 787 program. The transaction calls for the carrier to buy up to 210 U.S.-built Dreamliners and 777X widebody passenger jets from the planemaker.
SC lawsuit over death of Boeing 787 whistleblower John Barnett is settled

3 weeks ago | postandcourier.com | John McDermott

CHARLESTON — The family of late Boeing Co. whistleblower John M. Barnett who blamed the planemaker for his suicide last year has settled their wrongful-death lawsuit against the company. Details of the agreement were not disclosed. U.S. District Court Judge Bruce Howe Hendricks dismissed the complaint on May 12. The case can be reopened if the settlement isn't finalized within 60 days, according to her one-page order.
Days are numbered for a Charleston bank branch that was a pioneer of the suburbs

3 weeks ago | postandcourier.com | John McDermott

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Scout Motors eyes SC and other states for a corporate headquarters with 1,000 jobs

1 month ago | postandcourier.com | John McDermott

CHARLESTON — One of South Carolina's biggest economic development catches of the electric-vehicle era is on the hunt for a U.S. headquarters site that would create more than 1,000 high-paying jobs. Scout Motors expects to make a decision about the investment this summer, according to documents reviewed by The Post and Courier that show the company has pitched an "opportunity to do more business" together to officials in the Palmetto State.
Volvo wants to build another car in SC while cutting $1.9B in costs globally

1 month ago | postandcourier.com | John McDermott

RIDGEVILLE — Volvo Cars plans to cut $1.87 billion in expenses while it continues to explore how it will boost production at its Lowcountry factory to counter the new 25 percent tariffs on vehicles it imports to the U.S. market. CEO Håkan Samuelsson, who rejoined the company earlier this month, announced the "accelerated cost and cash action plan" on April 29 while reporting a drop in first-quarter earnings and a 6 percent decline in car sales.
SC nature refuge gets a 40-year lease on life from Santee Cooper

1 month ago | postandcourier.com | John McDermott

A swath of unspoiled nature along Lake Marion will remain under Uncle Sam’s care for at least another four decades. Santee Cooper last week approved a new 40-year lease with the U.S. Fish & Wildlife Service for 8,000 acres owned by the state water and power utility. The rural parcel along the north shore of the lake is made up of four federally managed "units" known as Bluff, Dingle Pond, Pine Island and Cuddo.