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Economic Development

Ready for the Electric Future: Groundbreaking on New BMW Group High Voltage Battery Assembly Factory in South Carolina

June 27, 2023

The BMW Group took a major step today towards building electric vehicles in the United States as it broke ground for a new high-voltage battery assembly plant in Woodruff, South Carolina. The BMW Group Plant Woodruff will produce sixth-generation batteries to supply fully electric vehicles at nearby BMW Manufacturing in Spartanburg. More than 300 jobs…

Graycor Selected as General Contractor for Bosch’s Lincolnton, NC Project

June 20, 2023

New facility to produce power tools and accessories. Graycor Construction Company has started construction on a new, 325,000-square-foot building for manufacturing, logistics, and warehouse operations in Lincolnton, North Carolina for Bosch, a leading global supplier of technology and services. “Graycor has been a trusted construction partner for Robert Bosch Corporation since the early 2000’s on…

EDPNC Releases 2022 Annual Report “Built to Thrive”

March 28, 2023

The Economic Development Partnership of North Carolina (EDPNC) today released its 2022 Annual Report entitled “Built to Thrive,” highlighting North Carolina’s record-breaking year in economic development in 2022. The report includes an in-depth analysis of the state’s successes through the work of the EDPNC and its partners including the North Carolina Department of Commerce and…

Albemarle Corporation Announces New U.S. Lithium Mega-Flex Processing Facility in South Carolina

March 22, 2023

Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced plans to locate its previously announced lithium hydroxide Mega-Flex facility in Chester County, South Carolina. Plans for the facility include an initial investment of at least $1.3 billion to help meet the surging demand for domestic and international electric vehicles…

Cirba Solutions to Build World-Class EV Battery Materials Facility in South Carolina

March 22, 2023

Cirba Solutions, the most trusted and comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, announced today a phase I investment of more than $300 million into a world-class, lithium-ion electric vehicle (EV) battery recycling flagship facility in South Carolina. With over 30 years of experience, Cirba Solutions has paved the way for a sustainable…

Business Facilities Names North Carolina ‘State of the Year’

January 21, 2023

North Carolina has been named 2022 State of the Year by Business Facilities for the state’s successful year in project announcements, capital investment and job creation. This is the second time North Carolina has been awarded this accolade since 2007 when the magazine’s highest state honor began. The state previously won in 2020. “A succinct…

Ziehl-Abegg Invests $100 Million in North Carolina

November 16, 2022

Ziehl-Abegg, Inc., a manufacturer of commercial ventilation systems, will create 189 new jobs in Forsyth County. The company says it will invest more than $100 million to expand its operations and relocate its North American headquarters to Winston-Salem. “I am delighted to congratulate Ziehl-Abegg on this expansion in Winston-Salem and Forsyth County,” said Governor Cooper….

Saint-Gobain Holds Groundbreaking Ceremony to Begin Construction on $167M Glass Mat Facility in Oxford, North Carolina

November 4, 2022

Today Saint-Gobain held a groundbreaking ceremony to mark construction toward a new, state-of-the-art glass mat facility at its CertainTeed Roofing campus in Oxford, North Carolina. The investment, now projected at $167 Million with additional funds allocated toward new technology to enhance employee safety and sustainability, marks the company’s largest ever investment in a US roofing…

BMW Invests in Electric Vehicle and Battery Production in South Carolina

October 19, 2022

The BMW Group continues the roll-out of its electromobility plan with a new investment to expand Plant Spartanburg and the company’s manufacturing footprint in South Carolina. BMW Group Chairman of the Board of Management, Oliver Zipse, announced today a $1.7 billion investment in its United States operations, including $1 billion to prepare for the production of electric…

NC Governor Cooper Announces 131 New Jobs as American Woodmark Expands in Richmond County

October 18, 2022

American Woodmark Corporation (NASDAQ: AMWD), one of the nation’s largest manufacturers of cabinets, will expand its operations in Hamlet, North Carolina creating 131 jobs in Richmond County, Governor Roy Cooper announced today. “Strong rural communities like Hamlet provide manufacturing companies a great environment for expansion and growth,” said Governor Cooper. “From our skilled workforce to…

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