John McDermott
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Business editor John P. McDermott has covered multiple business beats, with specialties in real estate and economic development, since he joined The Post and Courier staff in 1993. He is a graduate of the University of Hawaii and previously worked for the San Diego Union, the Honolulu Advertiser, Pacific Business News and the Washington (D.C.) Business Journal.
Recent Stories
Banking company has profit
3rd-quarter gains were $304,000, despite jump in problem assets
The owner of Southcoast Community Bank posted a $304,000 third-quarter profit while reporting a sizable jump in the volume of problem assets on its balance sheet.
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Will clothing importer get old Mikasa space?
The stalking horse is at the paddock, champing at the bit to buy a significant industrial property in Charleston.
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Blackbaud earnings better than expected
Some large software deals coupled with cost-cutting measures helped Daniel Island-based Blackbaud Inc. post better-than-expected earnings.
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BOEING: Aircraft giant lands here
Aviation giant expects to break ground on new assembly plant within the next few weeks
North Charleston won the fiercely fought battle for a Boeing 787 aircraft assembly plant Wednesday. Go to our Boeing page for more coverage.
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Bid for Boeing began in 2003
Company sought proposal from state
While Boeing Co. did not publicly disclose plans for a second 787 assembly line until this year, the effort to lure the investment and jobs to South Carolina can be traced back to June 2003.
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SC started courting Boeing in 2003
While Boeing Co. did not publicly disclose plans for a second 787 assembly line until this year, the effort to lure the investment and jobs to South Carolina can be traced back to June 2003.
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Boeing lands in North Charleston
North Charleston will be home to a new Boeing 787 jet assembly plant, ending a hotly sought-after deal that thrusts the state into the front lines of aircraft manufacturing.
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Banking parent posts loss
First Financial Holdings takes $1.3M hit in quarter
A growing volume of souring loans added up to a quarterly loss for the parent of First Federal Savings and Loan Association of Charleston.
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Bank parent nets profit
Company earned almost $500,000 in quarter
The parent of Tidelands Bank swung to its first quarterly profit in nearly two years, saying it earned nearly $500,000 for the three months ended Sept. 30.
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Factory still may land here
North Charleston, Everett, Wash., the finalists
Boeing Co. has narrowed to two the number of sites for a new assembly line for the 787 jet, pitting N. Charleston against Everett, Wash.
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