Clemson names new building after couple donates $60M to business college.

Clemson University has received a $60 million gift for the College of Business from longtime philanthropists Wilbur O. "Billy" and Ann Powers.

The gift was announced during a university board of trustees meeting today.

The gift, the largest in Clemson's history and one of the largest to a public institution in South Carolina, will support President Jim Clementsand Dean Wendy York'svision to grow the now-named Wilbur O. and Ann Powers College of Business into a nationally recognized leader in business education, according to an announcement after the meeting.

In addition to providing funding for need-based scholarships and financial assistance for those students who need it most, thegift from the Powers family willpropel many of the college's signature programs, according to the news release.

"With internships and study abroad programs, collaborative teamwork, industry partnerships, marketplace modeling, hands-on laboratories, experiential learning, interdisciplinary study and a business component to nearly all majors, the Wilbur O. and Ann Powers College of Business is positioned to make a significant impact for generations of Clemson students and South Carolina...