The company was a major catalyst in growing the Grand Strand area in South Carolina and continues to play a major role in its economics.
Woodward wrote in his obituary of Benjamin Collins that Burroughs moved to Conway, South Carolina and "established on the hill beyond the deep gully a country store with turpentine stills.” Collins moved to Conway after the Civil War and drove a turpentine wagon for Burroughs.
In the mid-1890s the men incorporated Burroughs and Collins Company which had an office on Main Street in Conway.
According to Charles Joyner, Horry County was a major producer of turpentine in the years 1850 to 1880.
Joyner wrote that the producers of turpentine had leased their land rather than buying it, and as turpentine production moved to other states, Burroughs and Collins bought "enormous tracts of coastal property".