South Carolina boasts record-breaking year for capital investments.

The South Carolina Department of Commerce has released its 2022 industry recruitment overview, which reflected historic economic activity for the state.

From January to December 2022, the state announced total capital investment of $10.27 billion, the single largest year in the state's history. That investment represents 120 projects and the creation of more than 14,0000 new jobs, according to the report.

"It's no accident or surprise that South Carolina is breaking economic development records," said SC Gov. Henry McMaster in the S.C. Dept. of Commerce's new release. "We have consistently proven that our people are among the most talented and hard-working in the world, that we're committed to fostering a competitive business-friendly environment, and that there is no better place to live, work, and raise a family. These historic achievements are a direct result of the South Carolinians who make our state great and understand the value of hard work."

Industry recruitment increased in several categories last year.

The record-breaking capital investment of more than $10 billion reflects a 118% increase over 2017 and announced investments in rural South Carolina in 2022 increased 30% over 2017, according to the report.

The year's top three capital...