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Economic Development

Survey of Site Selectors Ranks North Carolina Among Nation’s Top 5 Best States for Business

September 19, 2017

North Carolina ranks among the nation’s top five states for having the best business climate, according to a report released this morning by Development Counsellors International (DCI). North Carolina came in at No. 5 in DCI’s survey of 331 corporate executives with site selection responsibilities. Texas ranked No. 1, followed by Florida, Georgia and South…

Council for Innovation Initiatives Created by SC Commerce

August 28, 2017

The South Carolina Department of Commerce announced the creation of the Council for Innovation Initiatives. Tasked with helping the state advance the South Carolina Innovation Plan, which was published in January 2017, the council will meet quarterly with its inaugural meeting scheduled for Tuesday, August 29. Comprised of 14 members, the council will be managed…

Sportsman Boats Manufacturing Expanding Operations near Charleston

August 24, 2017

Sportsman Boats Manufacturing is expanding its existing operations in Summerville, South Carolina. To grow its facility, the company is investing $3.5 million and creating 100 new jobs . Sportsman’s product offerings currently include 21 models of center consoles and bay boats. Ranging in size from 17-31 feet, the boats are designed for saltwater enthusiasts. “Sportsman Boats…

LS Tractor USA Investing $11.5M in Nash County, NC

August 22, 2017

Agriculture equipment distributor LS Tractor USA announced that it will expand operations in Nash County, NC, adding 31 jobs over five years and investing $11.5 million to upgrade its offices and facilities in Battleboro, NC. LS Tractor USA sells and distributes tractors and agricultural equipment produced by South Korea-based LS Mtron. LS Tractor’s corporate headquarters…

New York Air Brake Expanding NC Plant

August 21, 2017

New York Air Brake, a global manufacturer of innovative train control systems for the railroad industry, is expanding its Premtec division in Rowan County, adding 28 jobs and investing $1 million at the plant in Salisbury, North Carolina. Over the long term, the company plans to add up to 40 jobs at the Premtec plant,…

Safeplast to Open Manufacturing Facility in Pickens, SC

August 15, 2017

Safeplast NA Company, a manufacturer and provider of hose protectors and hose binding products, is launching a new facility in Pickens, SC. The $4.3 million investment is projected to create 30 new jobs. “For the past year, Safeplast NA has explored various geographic locations to build a new facility, searching both in Canada and the…

Bonafide Kayaks to Open Manufacturing Facility in Greenville, SC

August 9, 2017

Bonafide Kayaks, a manufacturer and producer of fishing kayaks, is launching new manufacturing operations in Greenville, SC. The company is investing $2 million to create 76 new jobs over the next three years. “We looked long and hard for the best place to set up our manufacturing operations, and Greenville, S.C. offers everything we were…

NC 100: Industry Recruiters Hit the Road

July 29, 2017

Business recruiters with the Economic Development Partnership of North Carolina continue to take to the road in 2017 — to meet one-on-one with local economic developers across the state, hear updates on available buildings and industrial properties, and strengthen partnerships that help bring new jobs to North Carolina. In 2016, the EDPNC wrapped up the…

Foxxcon Selects Wisconsin Over North Carolina

July 27, 2017

Foxxcon, the Taiwanese manufacturer of electronics announced that it would build its first U. S. manufacturing facility in Wisconsin, bypassing North Carolina. Foxconn is a supplier for Apple, Microsoft and other technology companies. President Donald Trump was joined by Foxconn’s chairman, Terry Gou, at the White House for the announcement. Wisconsin Republicans, Gov. Scott Walker…

North Carolina Remains Hopeful for Foxxcon Project

July 26, 2017

North Carolina officials remain hopeful that the state could lure Chinese smartphone assembler Foxxcon. The Apple supplier could be the first company to benefit from a proposed North Carolina incentive program for massive job creation. The News Observer  reported yesterday that North Carolina Commerce Secretary Tony Copeland said that Foxxcon is still considering the state in…

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