Business Briefs - March 23, 2017
Unique automotive service coming to Cainhoy Peninsula
A new automotive storage facility and boutique car sales center is coming to the Clements Ferry Road corridor. Elliot Remington Motorsport Classics & Concierge will celebrate its grand opening on Saturday, April 22, from 10 a.m. to 1 p.m. The new business, owned and operated by Ryan Toth, will be located at 444 Deana Lane, Suite A. “At its heart, Elliot Remington Motorsport Classics and Concierge is a purpose-built automotive storage facility, offering 24/7 fire and security monitoring in a climate controlled space designed to meet the standards of major classic car insurance companies,” said Toth. “...Our automotive style includes an appreciation for the past.” In addition to storage options, Elliot Remington provides comprehensive detailing services, paint protection film installation, and door-to-door concierge service.
“Whether you plan on keeping your car ‘Cars & Coffee-ready’ or need a long-term specialized care regime, we have the resources to meet your needs,” added Toth. “And since we care for your cars, we care how your collection is managed. If you are growing or sizing down, we have a national network of private and dealer contacts to assist with your next transaction.”
Other features at the location include a customer lounge, a Do-It-Yourself bay where guests can “turn a wrench,” and a racing simulator. Those interested in attending the upcoming grand opening celebration are invited to first join the Elliot team at “Cars and Coffee” at the Mount Pleasant Towne Centre on the morning of the event on April 22 and then meet up at the new facility afterwards. To learn more, visit www.elliotremington.com or call (843) 779-9533.
DI based Income Growth Advisors gets Wall Street press
Income Growth Advisors (IGA), a Daniel Island-based investment firm is getting noteworthy Wall Street press. Barron’s, the Dow Jones weekly financial magazine, noted IGA’s MLP strategy returned 77 percent over the last year beating the MLP benchmark by 35 percent and the S&P 500 by 50 percent.
IGA’s Managing Member and Daniel Island resident Tyson Halsey, CFA, explained that “MLPs are tax advantaged utilities. They are publicly traded limited partnerships that own energy infrastructure assets like pipelines, refineries and storages facilities. MLPs (Master Limited Partnerships) have a long history of outperforming the stock market and provide excellent income.”
Since IGA’s inception, Halsey noted, IGA’s separate accounts have returned over 15.5 percent per year beating the S&P 500 by about 10 percent per year. MLPs currently yield in the 6-10 percent range and are an attractive income producing asset.
Halsey noted in a press release that MLPs are one of the most logical investments for income and total return based on their stable income generating assets, which provide attractive tax advantaged income and distribution growth based on our growing US natural gas and petroleum markets.
DI News staff earns multiple SC Press Association awards
Several members of The Daniel Island News staff were honored with awards for their work in 2016 at the Annual South Carolina Press Association Meeting and Awards event in Columbia on March 18. In the weekly over 4,500 division, Daniel Island News Editor and Writer Elizabeth Bush earned first place in Lifestyle Feature Writing and second place in Education Beat Reporting; former staff writer Jennifer Johnston took home a second place award for Arts and Entertainment Writing; and Publisher Suzanne Detar was recognized with a second place award in the Spot News Photo category.
In the weekly over 4,500 and under 4,500 combined division, Art Director/Graphic Designer Jan Marvin was honored with first place and second place awards for Single Feature Page Design and Bush received a second place award for Business Beat Reporting. In the all weekly division, Sports writer Phil Bowman received a first place award for Sports Beat Reporting and Marvin earned a second place award in the Feature Video category.