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Business | Economic Development

EDPNC Releases 2022 Annual Report “Built to Thrive”

by EDPNC on March 28, 2023

The Economic Development Partnership of North Carolina (EDPNC) today released its 2022 Annual Report entitled “Built to Thrive,” highlighting North Carolina’s record-breaking year in economic development in 2022. The report includes an in-depth analysis of the state’s successes through the work of the EDPNC and its partners including the North Carolina Department of Commerce and local economic development organizations.

In 2022, the EDPNC, along with state and local partners, closed 151 corporate relocations and expansions, bringing 27,144 jobs and $15.58 billion in capital investment. 2022’s capital investment surpasses that of both 2021, with $10.01 billion, and 2020, which had $6.3 billion.

“Last year’s annual report showed how North Carolina was thriving as we came out of the COVID-19 pandemic,” said Gene McLaurin, chairman of the EDPNC Board of Directors, “and this year’s shows how we not only used last year as a springboard, but we’re built to be successful.”

“Last year North Carolina welcomed the largest economic development projects in its history, results directly attributable to our highly educated workforce, world-class education, excellent quality of life and strong public and private partnerships,” said Christopher Chung, CEO of the EDPNC. “Our annual report shows those successes and how the pieces came together to make them happen.”

The EDPNC’s full digital report includes overviews, project wins, and company profiles from across the EDPNC’s divisions. To read the report, visit edpnc-annualreport.com.

Topics: Business, Economic Development

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