North Carolina Takes Home the Gold for Economic Development Success
North Carolina has received Area Development magazine’s 2018 Gold Shovel Award, recognizing the state’s top-tier success in winning high-impact economic development projects in 2017. North Carolina, which in 2017 had one of its best years for job recruitment in over a decade, is one of only five states to receive a 2018 Gold Shovel Award….
Southern Current Investing $20 Million in Aiken, SC Solar Farm
Southern Current, a leading developer in the residential, commercial and utility-scale solar markets, is expanding its solar farm portfolio with a new facility in Aiken County. The company is investing $20 million in this latest project. “Southern Current is thrilled to be working with Aiken County. The economic development team has a strong track record…
Teijin Breaks Ground for Carbon Fiber Facility in South Carolina
Teijin Limited announced today that they celebrated the groundbreaking of their new carbon-fiber production facility of its wholly owned subsidiary Teijin Carbon Fibers, Inc. (TCF). The ceremony was held on Friday, June 1st at TCF site located on Highway 246 South in Greenwood, South Carolina. Teijin, aiming to be an enterprise that supports the society…
Duke Energy Opens 750-MW Combined-cycle Natural Gas Plant in Anderson, SC
Duke Energy today celebrated the opening of the new 750-megawatt combined-cycle natural gas plant at the W.S. Lee Station in Anderson County, S.C., with community leaders, elected officials and top company leaders on hand. “Highly efficient natural gas plants – like W.S. Lee – are helping us deliver a cleaner, smarter energy future for our…
North Carolina Again Tops List of Most Competitive States in Economic Development Activity
North Carolina once again ranks as the most competitive state in economic development activity, according to a closely watched annual business ranking by Site Selection magazine. “Businesses big and small, domestic and foreign are investing in North Carolina for the same reasons they have been doing so all along — a healthy supply of workers…
Lonza Investing $46 Million in Greenwood, SC
Lonza, one of the world’s leading suppliers to the pharmaceutical, biotech and specialty ingredients markets, today announced plans to expand operations in Greenwood County. The company is investing $46 million over the next five years and is expected to generate 30 new jobs as a result. “Lonza is making a significant investment in our operations…
Site Selectors Guild Elects New Board, Unveils Visual Identity
The Site Selectors Guild (SSG), the association of the world’s leading corporate location advisors, elected a new board and unveiled a new visual identity at the organization’s 2018 Annual Conference in Cincinnati, Ohio in March. Along with the election of new board members, Didi Caldwell was elected chairman of the board. Caldwell has been a…
RBC Aerostructures Expanding its Oconee County Operations
RBC Aerostructures, a provider of control rods and precision machined parts to aerospace and defense customers, is expanding its existing Oconee County operations. The company’s $3.8 million investment is expected to create 22 new jobs over the next five years. “The opportunities to expand our business and create job growth have been many since moving…
Making Connections: Announcing EDPNC’s 2017 Annual Report
The Economic Development Partnership of North Carolina is pleased to announce the release of our 2017 Annual Report. Titled “Making Connections,” this year’s report is dedicated to EDPNC’s network of investors, partners, and community members across the state. Economic development is a team sport—yes, it’s true that one of the biggest clichés in economic development…
New Brookings Report Examines Multi-billion Dollar Economic Development Incentives Conundrum
Report provides a rare, transaction-level snapshot into local and state governments’ economic development incentives in four U.S. cities Brookings Metropolitan Policy Program released a new report, Examining the Local Value of Economic Development Incentives: Evidence from Four U.S. Cities, by Joseph Parilla and Sifan Liu. The report explains why U.S. local and state governments deploy $45 billion to $90…
