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Economic Development

DC BLOX Announces Plans to Build Major Regional Tier III Data Center in Greenville County, SC

September 9, 2020

With the acceleration of digital transformation initiatives across industries, DC BLOX is developing essential infrastructure that strategically enables digital business across the Southeastern United States. Organizations across the Carolinas and North Georgia have increasing demand for a Tier III rated regional data center that can provide the security, reliability, cost-efficiency and expertise that lets them…

Site Consultants Rank NC a Top 5 State for Doing Business

September 8, 2020

Leading site consultants once again rank North Carolina among the top five states in the nation for doing business, according to an Area Development magazine survey. The site selection and facility planning publication this week announced the results of its 2020 nationwide survey. For the second year in a row, North Carolina came in at…

Lowe’s Announces Expansion of Supply Chain Network

August 12, 2020

Lowe’s Companies, Inc. (NYSE: LOW) today announced an update on its supply chain transformation to improve home delivery and support growing demand from DIY and Pro customers. Over the next 18 months, the company plans to open 50 cross dock delivery terminals, seven bulk distribution centers and four e-commerce fulfillment centers. This includes 20 cross…

Genetic Testing Company to Create Jobs in Durham, NC

August 11, 2020

Beam Therapeutics, a biotechnology company developing precision medicines through DNA base editing, plans to build a manufacturing facility in North Carolina’s Research Triangle Park, creating 201 jobs. Over a period of 5 years, the company expects to invest $83 million in the facility, which will support clinical and commercial manufacturing for the company’s novel base…

South Carolina is Ready to Play Through

July 25, 2020

If 2020 were a round of golf, it’s safe to say that economic developers would like to take a mulligan on the front nine. The good news is that the match is far from over, and just like Tiger Woods’ comeback in the 2019 Masters, the back nine is looking strong. There is no arguing…

Refresco Expands for Second Time in 2020 in Greenville County, S.C.

July 4, 2020

The Greenville Area Development Corporation (GADC) announced that Refresco, a global independent bottler for both retailers and A-brands in Europe and North America, plans to expand operations for the second time in 2020 in Greenville County. The company’s multi-million-dollar investment is projected to create 40 new jobs. Founded in 1999 and among the world’s largest independent bottlers of…

Centene To Establish New East Coast Headquarters In Charlotte

July 2, 2020

Centene Corporation (NYSE: CNC) today announced that it will establish an East Coast headquarters in Charlotte, North Carolina, after completing a comprehensive evaluation process. The company will begin construction on the new campus in August and plans to create  6,000 new jobs and invest $1 billion in the Charlotte community over time. “Charlotte has great talent, excellent infrastructure and a real…

Duke Energy Foundation Invests $200,000 in EDPNC

July 1, 2020

The Duke Energy Foundation has invested $200,000 to support the work of the Economic Development Partnership of North Carolina in 2020, a year when both organizations are prioritizing helping the state recover from COVID-19. “Duke Energy’s investment in our work couldn’t be more timely, more needed, or more appreciated,” said Christopher Chung, chief executive officer…

Metals Company To Expand in Shelby, NC

June 5, 2020

Ames Copper Group, a joint venture of Prime Materials Recovery, Inc. (PMR) and the Cunext Group, will create 46 jobs in Cleveland County, North Carolina Governor Roy Cooper announced today. The company will invest at least $26.3 million with the expansion of its copper manufacturing facility located in Shelby. “This is good news for Cleveland…

Eli Lilly and Company Select North Carolina for Pharmaceutical Plant

January 21, 2020

Eli Lilly and Company, a global healthcare and biopharmaceutical company, will invest over $470 million and create more than 460 new jobs in Durham. The project will bring a new state-of-the-art pharmaceutical manufacturing facility to North Carolina’s Research Triangle Park. “Life science companies like Lilly continue to choose North Carolina,” said Governor Cooper. “Our exceptional…

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What We’re Reading

  • Long-held industrial property in Raleigh sold to stealthy firm for $8 million
    Source: Raleigh Business Journal Published on April 16, 2021
  • State approves grants to fund three industrial projects in Gaston, Lincoln and Cleveland counties
    Source: Charlotte Business Journal Published on April 16, 2021
  • Charlotte leaders believe clean energy may be key to city’s future
    Source: Business North Carolina Published on April 15, 2021
  • Wake Forest Baptist Health preps for construction of $450M care tower
    Source: Business North Carolina Published on April 15, 2021
  • Apex tapped as new site for Ohio agtech company HQ
    Source: Business North Carolina Published on April 15, 2021

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