Your source for construction industry news in the Carolinas
New Rankings Highlight Reshuffling of Economic Power Among U.S. Cities Area Development, the leading publication for corporate site selectors and economic development professionals, has released its annual 2024 Leading Metro Locations Report, offering a comprehensive look at the cities driving America’s economic future. Produced in collaboration with Chmura Economics & Analytics, this year’s report highlights key…
The Economic Development Partnership of North Carolina (EDPNC) today released the North Carolina Selectsite Readiness Program Report, which details the EDPNC’s efforts to identify 15 sites across the state best positioned to serve major advanced manufacturing projects. The Economic Development Partnership of North Carolina (EDPNC) today released the North Carolina Selectsite Readiness Program Report, which…
The Economic Development Partnership of North Carolina (EDPNC) today released its 2023 Annual Report entitled “Sustaining Success,” highlighting North Carolina’s economic development successes in 2023. The report includes an in-depth analysis of the work of the EDPNC and its partners, including the North Carolina Department of Commerce and local economic development organizations. In 2023, the…
$9.22 billion announced capital investment on the heels of a record-setting 2022 The South Carolina Department of Commerce (S.C. Commerce) today released its 2023 industry recruitment results which reflect sustained economic activity. From January to December 2023, the state announced total capital investment of $9.22 billion, the second largest amount in state history. That investment…
Sportsman Boats Manufacturing Inc., a family-owned and -operated maker of saltwater fishing boats, announced plans to expand its operations in Dorchester County. The company’s $8 million investment will create 75 new jobs. “Our organization has grown tremendously since 2012. A big part of that success has been made possible by the support of Dorchester County…
Governor Cooper announced yesterday that VinFast, a Vietnamese electric vehicle and battery company, is bringing its first North American automotive assembly and battery manufacturing plant to North Carolina. The company plans to invest $4 billion and create 7,500 jobs in Chatham County, making this the largest economic development project in North Carolina’s history. “North Carolina’s state leadership…
The Economic Development Partnership of North Carolina (EDPNC) today released is 2021 Annual Report entitled “Together We Thrive,” highlighting North Carolina’s notable economic growth in 2021. The report includes an in-depth analysis of the state’s successes through the work of the EDPNC and its partners, such as the North Carolina Department of Commerce. In 2021, the EDPNC…
The South Carolina Department of Commerce today released its 2021 industry recruitment results, which break multiple records set throughout the past decade. In total, the state won 153 projects, accounting for $5.7 billion in capital investment and more than 18,000 new jobs. “South Carolina’s strong industry recruitment in 2021 proves that we are a state…
The Economic Development Partnership of North Carolina (EDPNC) launched a national advertising campaign focused on increasing awareness and choice of North Carolina as a place where diverse businesses and workforce talent can thrive. Titled “All In North Carolina,” the campaign’s central message stresses the vast opportunity and diversity of place, people, businesses and industries North…
When it comes to site selection, how can a community effectively compete? If their economic development team is marketing and promoting real estate, the answer is THEY CAN’T. Clients buy sites, not real estate. This is a distinction they identify and use in the first stages of a site search to determine which sites to…
