A groundbreaking ceremony was held for the Carolina Connector (CCX) the intermodal transportation facility in Edgecombe County today. Officals from from the NC Department of Transportation (NCDOT), CSX Corporation and the Carolinas Gateway Partnership were on hand to participate in the event. “This intermodal facility will positively impact Eastern North Carolina and our state as…
Ground Breaking Held for Carolina Connector
NC Pet Food Manufacturer Announces $55 Million Expansion
Chewy, an online pet supply retailer, has selected Rowan County for its new fulfillment center, creating 1,200 new jobs and investing $55 million, Governor Roy Cooper announced today. The company will locate in Salisbury, N.C. “Chewy selected North Carolina because from our infrastructure to our workforce, we have everything businesses need to succeed,” Gov….
Plastics Manufacturer Announces NC Expansion
Superior Plastics Extrusion Company, Inc., known as Impact Plastics, will expand its manufacturing operations in Richmond County and create 13 jobs, Governor Roy Cooper announced today. The company will invest $5.3 million in Hamlet. “This announcement is just the latest example of a manufacturer finding success in North Carolina and deciding to expand their footprint…
Elizabeth City to Receive Funds for Downtown Revitalization
The City of Elizabeth City will receive $200,000 to support a downtown revitalization project from the Main Street Solutions Fund, the North Carolina Department of Commerce announced today. Elizabeth City’s award will help preserve a historic building and create a new event space for the community. Restoring and filling vacant and blighted buildings is a…
Google Plans South Carolina Data Center Expansion
Google recently announced plans to make significant capital investments thought out the U.S., including at its data center in South Carolina. Google CEO Sundar Pichai wrote on his blog that the technology company was planing to invest over $13 billion in new facilities and expansions. “Today we’re announcing over $13 billion in investments throughout 2019…
SC Department of Commerce Office of Innovation to Launch Pen to Paper Tour
The S.C. Department of Commerce’s Office of Innovation today announced a Pen to Paper Tour of various innovation and incubator locations across the state. With six dates already scheduled, the tour will allow the Office of Innovation staff to connect with local members of the state’s innovation ecosystem through pre-scheduled, full-day visits. “We know innovation…
Honeywell to Relocate Corporate HQ to Charlotte, NC
Honeywell, a Fortune 100 company providing software-oriented solutions for many of the world’s most complex industries, will relocate its global corporate headquarters from Morris Plains, New Jersey, to Charlotte, North Carolina. The company’s move will create 750 well-paying jobs in Charlotte and more than $248 million in real and personal property investment. As part of…
West Columbia, SC Hires Economic Development and Business Attraction Firm
RMA, a Florida-based consulting firm is expanding their client base beyond the Sunshine state. The economic development, redevelopment and business attraction experts were hired last year by the City of West Columbia in South Carolina to create a Citywide Redevelopment Plan and a Community Revitalization Plan for the municipality; both were unanimously accepted by the…
Site Selection Ranks North Carolina #2 for Business Climate
For the fourth consecutive year, North Carolina ranks as the No. 2 state to do business, according to Site Selection magazine. North Carolina scored a total of 99 points across all categories in the 2018 Top State Business Climate Rankings, just two points behind top-ranked Georgia with 101 points. Rounding out the top five spots in…
Commercial Real Estate’s Take on Amazon’s HQ2 Decision
Several cities and regions in North Carolina and South Carolina submitted responses for one of the largest economic development projects in history. The National Association of Industrial and Office Properties (NAOIP) recently posted a viewpoint article about Amazon’s decision to select New York and Virginia as the locations for its HQ2. The following is from…
