WMBF Investigates: The impact of Great Britain's vote to leave EU

WMBF Investigates: The impact of Great Britain's vote to leave EU

MYRTLE BEACH, SC (WMBF) - Financial markets worldwide took a hit after Britain's vote to leave the European Union, but the decision's impact closer to home is yet to be seen.

A 2015 report from the South Carolina Department of Commerce shows UK companies have invested more than $400 million since 2005. Those companies have created more than 2,700 new jobs over the last decade.

There are dozens of companies from the United Kingdom in our state, five of them with branches in the Grand Strand and Pee Dee.

Beneficial provides financial services in Florence and Conway. Compass Group USA is a food services company with a base in Bennettsville. Ferguson Enterprises is a supplier of plumbing fixtures in Florence. Sunbelt Rentals has locations in Myrtle Beach, Little River and Florence. Vesuvius USA Corp is based in Dillon, it works in industrial ceramics. This list shows all foreign-owned companies in our state as of January 2015.

WMBF News has reached out to each of the companies to find out what they're hearing from their owners overseas. A spokeswoman for Compass says, "We expect that there will be no impact on our operations in the US. Right now, we're business as usual."

We'll update this story with any other statements we receive.

That same DOC report says the United Kingdom is South Carolina's fifth largest trade partner… purchasing more than $1.86 billion in products in 2014.

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