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Your source for construction industry news in the Carolinas

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Economic Development

Gilead to Create 275 Jobs in the RTP

February 10, 2021

Gilead Sciences, Inc., a leading biopharmaceutical company developing innovative medicines, has selected North Carolina’s Research Triangle region as the location for a major business services and information technology hub, creating 275 jobs. The company will invest up to $5 million in Wake County. “With today’s announcement, Gilead confirms that North Carolina sits at the crossroads…

Record Investment Translates to Another Strong Year for Greenville Economic Development in 2020

February 2, 2021

GREENVILLE, S.C. – February 1, 2021 – Despite a brutal pandemic that took thousands of precious lives too soon and wreaked havoc on communities and economies the world over, the people and businesses of Greenville County, South Carolina know this for certain: Greenville is blessed with a vibrant community and high quality of life, and…

North Carolina Named Business Facilities’ 2020 State of the Year

January 15, 2021

North Carolina has been named 2020 State of the Year by Business Facilities magazine, a title that recognizes the state’s success in winning projects that create capital investment and new jobs. This marks the first time North Carolina has earned the magazine’s top honor, bestowed annually since 2007. “North Carolina is leveraging its advantages ― including a…

Balfour Beatty Breaks Ground on Morrison Yard Corporate Office Tower

January 14, 2021

Balfour Beatty has been awarded $42 million to deliver Morrison Yard, a new 10-story Class A office space located in downtown Charleston. KeithCorp and Origin Development Partners have selected Balfour Beatty to provide preconstruction and construction management services to oversee the completion of a premier officer tower for future tenants at the foot of the…

Southern Focus: An Economic Developer’s Perspective on 2021

December 29, 2020

I think we are all thankful to have 2020 behind us and are optimistic about this new year. As I reflect on 2020 several things struck me. In a Presidential election year, July through mid-November is a slow time for economic developers. Companies typically would put any plans they have regarding expansions/relocation on hold until…

City of Gastonia Hosts Two Groundbreaking Ceremonies

November 5, 2020

Two groundbreaking ceremonies were held on October 30 at sites in the Franklin Urban Sports and Entertainment District in west Gastonia, marking major progress for the City’s economic development plans along West Franklin Boulevard. The two groundbreakings were held at the old Trenton Mill and at a site behind the historic Coca-Cola bottling plant on…

EDPNC Ranks as Top Economic Development Organization

October 16, 2020

Site selection consultants view the Economic Development Partnership of North Carolina (EDPNC) as the best state-level economic development organization in the country, according to a new survey of U.S. corporate executives and location advisors. Conducted by Development Counsellors International (DCI) every three years, the “Winning Strategies in Economic Development Marketing” survey was released this week…

Gastonia City Council Approves Three Milestone Economic Development Projects

October 16, 2020

The Gastonia City Council approved three economic development agreements at its October 6 meeting with a potential for private investment worth $96 million. “These projects have been in the making for many years and are now coming to fruition with the hard work of our City Council, City staff, investors, and community partners,” said Mayor…

Lineage Logistics Expanding Operations in Charleston, SC

September 10, 2020

Lineage Logistics, an innovative provider of temperature-controlled logistics solutions, today announced plans to expand operations in Charleston County. The $34 million investment will create 36 new jobs.  “Charleston has it all – first-rate infrastructure, great access, a top ranked port and a skilled workforce,” said Greg Lehmkuhl, Lineage Logistics, president and CEO. “South Carolina’s numerous…

DC BLOX to Build $200 Million Data Center in Greenville, SC

September 10, 2020

 DC BLOX, a multi-tenant data center provider in the Southeast, today announced plans to establish operations in Greenville County. The new data center will initially bring five new positions to the community – along with an expected, combined investment of over $200 million by DC BLOX and its tenant customers over the next few years….

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What We’re Reading

  • Premier CEO Susan DeVore on how firm tackled ethical questions on supply chain during pandemic
    Source: Charlotte Business Journal Published on March 2, 2021
  • 3D Systems reports loss in Q4 as restructuring efforts continue
    Source: Charlotte Business Journal Published on March 2, 2021
  • What’s powering Charlotte’s multifamily growth in 2021?
    Source: Charlotte Business Journal Published on March 2, 2021
  • 55 doctors leave Mission Health following HCA takeover
    Source: Business North Carolina Published on March 2, 2021
  • West Pharmaceutical Services increases eastern NC workforce by 20%
    Source: Business North Carolina Published on March 2, 2021

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