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Economic Development

Industrial Hemp Producer to Locate in North Carolina

October 17, 2019

Carolina Botanicals, a company formed to process industrial hemp, will create 30 jobs as it establishes operations in Columbus County. The company will invest $3.46 million in its new facility, located in Tabor City. “Today’s announcement is the latest example of the growing market for hemp-related products,” said Secretary Copeland. “And we know companies like…

Spartan Motor Locates in Charleston, SC

October 16, 2019

Spartan Motors, Inc., a leader in fleet, work truck and specialty service vehicle manufacturing, is establishing operations in Charleston County. The $1.15 million investment is expected to create 308 new jobs.  “Spartan Motors is pleased to add North Charleston to our growing global manufacturing footprint,” Spartan Motors, Inc. President and Chief Executive Officer Daryl Adams. We…

Energizing Rural NC to Tackle Workforce Pipeline

October 5, 2019

Local economic developers and civic leaders from counties across North Carolina will gather Oct. 8-9 in Sanford to discuss strategies to retain, attract and develop workforce in the state’s rural communities. “Companies considering North Carolina consistently say talent is their No. 1 concern when deciding where to locate or grow, or sometimes even remain,” said…

Colonial Precast to Establish SC Operations

September 17, 2019

Colonial Precast Concrete of Carolina, LLC, a leading manufacturer of prestressed and precast concrete products, announced plans to establish manufacturing operations in Colleton County, SC. The more than $2.5 million investment is expected to create approximately 55 new jobs. “We look forward to establishing operations in the great state of South Carolina, working with the local…

Consultants Recognize States’ Competitiveness in Area Development Magazine’s 10th Annual “Top States for Doing Business” Survey

September 15, 2019

South Carolina ranks #3 and North Carolina ranks #5 Area Development, the leading site selection and facility planning publication, announces the results of its 2019 Top States for Doing Business survey of leading location consultants. According to the results, the Top States for Doing Business are Georgia, Tennessee, South Carolina, Alabama, North Carolina, Texas, Mississippi,…

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…

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Primary Sidebar

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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