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Economic Development

EDPNC Releases 2022 Annual Report “Built to Thrive”

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…

Albemarle Corporation Announces New U.S. Lithium Mega-Flex Processing Facility in South Carolina

March 22, 2023

Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced plans to locate its previously announced lithium hydroxide Mega-Flex facility in Chester County, South Carolina. Plans for the facility include an initial investment of at least $1.3 billion to help meet the surging demand for domestic and international electric vehicles…

Cirba Solutions to Build World-Class EV Battery Materials Facility in South Carolina

March 22, 2023

Cirba Solutions, the most trusted and comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, announced today a phase I investment of more than $300 million into a world-class, lithium-ion electric vehicle (EV) battery recycling flagship facility in South Carolina. With over 30 years of experience, Cirba Solutions has paved the way for a sustainable…

Business Facilities Names North Carolina ‘State of the Year’

January 21, 2023

North Carolina has been named 2022 State of the Year by Business Facilities for the state’s successful year in project announcements, capital investment and job creation. This is the second time North Carolina has been awarded this accolade since 2007 when the magazine’s highest state honor began. The state previously won in 2020. “A succinct…

Ziehl-Abegg Invests $100 Million in North Carolina

November 16, 2022

Ziehl-Abegg, Inc., a manufacturer of commercial ventilation systems, will create 189 new jobs in Forsyth County. The company says it will invest more than $100 million to expand its operations and relocate its North American headquarters to Winston-Salem. “I am delighted to congratulate Ziehl-Abegg on this expansion in Winston-Salem and Forsyth County,” said Governor Cooper….

Saint-Gobain Holds Groundbreaking Ceremony to Begin Construction on $167M Glass Mat Facility in Oxford, North Carolina

November 4, 2022

Today Saint-Gobain held a groundbreaking ceremony to mark construction toward a new, state-of-the-art glass mat facility at its CertainTeed Roofing campus in Oxford, North Carolina. The investment, now projected at $167 Million with additional funds allocated toward new technology to enhance employee safety and sustainability, marks the company’s largest ever investment in a US roofing…

BMW Invests in Electric Vehicle and Battery Production in South Carolina

October 19, 2022

The BMW Group continues the roll-out of its electromobility plan with a new investment to expand Plant Spartanburg and the company’s manufacturing footprint in South Carolina. BMW Group Chairman of the Board of Management, Oliver Zipse, announced today a $1.7 billion investment in its United States operations, including $1 billion to prepare for the production of electric…

NC Governor Cooper Announces 131 New Jobs as American Woodmark Expands in Richmond County

October 18, 2022

American Woodmark Corporation (NASDAQ: AMWD), one of the nation’s largest manufacturers of cabinets, will expand its operations in Hamlet, North Carolina creating 131 jobs in Richmond County, Governor Roy Cooper announced today. “Strong rural communities like Hamlet provide manufacturing companies a great environment for expansion and growth,” said Governor Cooper. “From our skilled workforce to…

Bobcat Company Celebrates Completion of Manufacturing Facility Expansion in Statesville, N.C.

October 12, 2022

Bobcat Company, a global leader in the compact equipment industry, today celebrated the completion of its Statesville manufacturing facility expansion with a ceremonial ribbon cutting attended by company leaders, employees and community members. The $70 million investment makes the location the company’s largest manufacturing facility in North America and will add hundreds more jobs in…

DC BLOX Breaks Ground on its Myrtle Beach Cable Landing Station and Dark Fiber Route

October 4, 2022

DC BLOX, a provider of multi-tenant data centers, dark fiber, and connectivity solutions that delivers the infrastructure essential to power today’s digital business, announces today the groundbreaking on its new international subsea cable landing station (CLS) in Myrtle Beach, SC. In addition, a new dark fiber route linking Myrtle Beach with the connectivity hub of the Southeast in Atlanta is…

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What We’re Reading

  • On the Move: Kristen A. Lassa
    Source: Upstate Business Journal Published on May 29, 2023
  • Anderson University names Lisa Zidek dean of College of Engineering
    Source: Greenville Journal Published on May 27, 2023
  • Raleigh developer to continue battle over Elon project
    Source: Raleigh Business Journal Published on May 26, 2023
  • Glenn Patterson Wilson brings fresh sense of resolve to historic Halifax
    Source: Raleigh Business Journal Published on May 26, 2023
  • Little Diversified Architectural Consulting expands with acquisition of Virginia-based Hughes Group
    Source: Charlotte Business Journal Published on May 26, 2023

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