Greenville Economy

Located along I-85 midway between Atlanta, Georgia and Charlotte, North Carolina, Greenville is in the northwestern region of South Carolina known as Upstate. Over the past several decades, the city has drawn both residents and international companies in search of lower costs and business opportunities a short drive from larger cities. Greenville offers the appeal of a big city with small-town hospitality.

A former “Textile Capital of the World”, Greenville’s economy has revolutionized. In the last few decades, the city set about recruiting international companies and rebuilding the downtown area that made small businesses return. Favorable wages and tax benefits have lured international companies to invest heavily in the greater Greenville area. The recent years saw larger companies joining Michelin SA and BMW AG in the area. Greenville is the North American headquarters for Michelin, Synnex, United Community Bank, AVX Corporation, NCEES, Ameco, Southern Tide, Confluence Outdoor, Concentrix, JTEKT, Cleva North America, and more.

Greenville’s industrial base includes automotive manufacturing, financial services, health services, telecommunications, utility provider, engineering and construction services, technology solutions, gas turbine, aviation and wind energy manufacturing.

Greenville has grown into a large and diverse metropolitan area and one of the southeast region’s premier areas for business. Over the past thirty-five years, Greenville has transformed itself from a textile town to a destination for a diverse industry base that includes corporate office, manufacturing, and warehousing/distribution operations. 

According to Greenville Area Development Corporation, the top employers in the city are:

Source: greenvilleeconomicdevelopment.com

Greenville, SC area cost of living is generally lower than the national average. The table below shows the cost of living in Greenville compared to other similar sized cities. An index score of below 100 indicates the community is less expensive than the average of all cities throughout the U.S., while a score over 100 means the community is more expensive than the average.

Housing Affordability in Greenville, SC

Career Opportunities in Greenville, SC