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Economic Development

Carvana to Invest More than $30 Million in Concord, NC

August 31, 2019

Carvana, a leading e-commerce platform for buying and selling used cars, will locate a new inspection and reconditioning facility in Cabarrus County, creating more than 400 jobs. The company will invest more than $30 million in Concord over the coming years. “The online marketplace only works for buyers and sellers when hardworking people are moving…

Business Facilities Ranks North Carolina #1 for Economic Growth Potential

August 1, 2019

North Carolina is the top-ranked state for economic growth potential in Business Facilities magazine’s 15th Annual Rankings Report. North Carolina, Colorado and Virginia topped the chart in Business Facilities’ annual growth potential ranking. Jack Rogers, editor in chief, noted that all three states have established highly diversified growth strategies and staked a claim to leadership in high-tech hubs. “Our leaders…

New EDPNC Hire to Focus on Growing North Carolina’s Defense Industry

July 20, 2019

North Carolina has a new point person focused on making sure the state is a top contender for defense-related companies considering where to locate or expand. With more than 40 years of experience as a military and defense industry specialist, Dennis Lewis joined the Economic Development Partnership of North Carolina (EDPNC) in May as the…

Stoll Industries Announces Expansion

July 9, 2019

Stoll Industries, a producer of high-quality, custom metal fireplace doors, screens, metal wall panels, countertops and more, today announced plans to expand its operations in Abbeville County. The $1.1 million investment is creating 30 jobs over the next five years. “At Stoll Industries, we believe our mission to our community and country is to be…

Lowe’s Chooses NC for Technology Hub

June 27, 2019

Home improvement retailer Lowe’s is locating a new $153-million global technology center in Charlotte, North Carolina, creating more than 1,600 jobs. “We’re excited to stand up our new global technology center here in North Carolina to continue to drive our company’s growth,” said Marvin R. Ellison, president and chief executive officer of the company based…

June 20, 2019

he Economic Development Partnership of North Carolina (EDPNC) has hired Duplin County’s economic development director to support business prosperity and growth in a 12-county region of Southeast North Carolina. On Monday, James Wolfe, executive director of the Duplin County Economic Development Commission, becomes the EDPNC’s new Southeast existing industry expansions manager. Wolfe will work on…

SC Ports Graduates 25 Port Ambassadors

June 19, 2019

South Carolina Ports Authority (SCPA) recognizes 25 delegates for completing the 2018-2019 Port Ambassador Program, which provides participants a deep understanding of the connection between the Port of Charleston and South Carolina’s thriving business community. The 10-month Port Ambassador Program immerses participants in port operations through educational sessions and tours of oceanside terminals, inland ports,…

EDPNC Hires Development Director to Support Southeast NC

June 19, 2019

The Economic Development Partnership of North Carolina (EDPNC) has hired Duplin County’s economic development director to support business prosperity and growth in a 12-county region of Southeast North Carolina. On Monday, James Wolfe, executive director of the Duplin County Economic Development Commission, becomes the EDPNC’s new Southeast existing industry expansions manager. Wolfe will work on…

Hamlet Announces Expansion

June 18, 2019

Hamlet, a producer of prefabricated building components for the construction industry, will open a manufacturing facility in Richmond County, creating 130 new jobs. The company will invest more than $12 million in Hamlet within the next three years. The company, a division of the Volumetric Building Companies (VBC), will be hiring production personnel, logistics handlers…

EDPNC and Partners Attend SelectUSA to Attract FDI

June 11, 2019

The state of North Carolina will be exhibiting at the 2019 SelectUSA Investment Summit June 10-12 in Washington, D.C., an annual event connecting foreign-based companies with U.S. economic development organizations to support job-creating business investment. The Economic Development Partnership of North Carolina (EDPNC), which recruits domestic and international corporate investment on the state’s behalf, is…

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