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Your source for construction industry news in the Carolinas

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Economic Development

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…

Bobcat Company Celebrates Completion of Manufacturing Facility Expansion in Statesville, N.C.

October 12, 2022

Bobcat Company, a global leader in the compact equipment industry, today celebrated the completion of its Statesville manufacturing facility expansion with a ceremonial ribbon cutting attended by company leaders, employees and community members. The $70 million investment makes the location the company’s largest manufacturing facility in North America and will add hundreds more jobs in…

DC BLOX Breaks Ground on its Myrtle Beach Cable Landing Station and Dark Fiber Route

October 4, 2022

DC BLOX, a provider of multi-tenant data centers, dark fiber, and connectivity solutions that delivers the infrastructure essential to power today’s digital business, announces today the groundbreaking on its new international subsea cable landing station (CLS) in Myrtle Beach, SC. In addition, a new dark fiber route linking Myrtle Beach with the connectivity hub of the Southeast in Atlanta is…

Spotlight on Economic Development Partnership of North Carolina: 2022 GroundBreaker

September 18, 2022

GroundBreak Carolinas recently announced the results of our 2022 GroundBreaker Awards, an annual awards program that recognizes individuals and organizations that have gone above and beyond to make a difference for the construction community in the Carolinas. Selected from a well-rounded group of nominees from North Carolina and South Carolina, the 2022 Class of GroundBreakers includes…

Woofspeed Selects North Carolina for its Semiconductor Manufacturing Plant

September 9, 2022

Wolfspeed, a global leader in silicon carbide semiconductor manufacturing, announced that it has chosen Siler City, North Carolina, as the location for its newest semiconductor manufacturing plant. The company plans to invest more than $5 billion in this project and will create 1,800 jobs, becoming the largest capital investment for an economic development project in…

Area Development’s 13th Annual “Top States for Doing Business” Survey of Consultants Indicates Locations Providing an Environment for Business Growth

September 8, 2022

Area Development, the leading site selection and facility planning publication, announces the results of its 2022 Top States for Doing Business survey. According to the results, the Top 10 States for Doing Business are Georgia, Tennessee, South Carolina, Texas, North Carolina, Alabama, Virginia, Ohio, Indiana, and Mississippi, in that order. Area Development asked a select group…

Business Facilities Magazine Names North Carolina Best Business Climate in Nation

August 6, 2022

North Carolina has been named the Best Business Climate in the nation by Business Facilities magazine, with Virginia, Utah, Texas and Tennessee in second through fifth place. The magazine’s complete 2022 Annual Rankings Report was published on August 4, 2022. North Carolina is no stranger to Business Facilities’ rankings, which are in its 18th year….

Southern Economic Development Council (SEDC) Board of Directors Announces Matthew Tackett as New President 

April 27, 2022

Atlanta, GA – Today, Frank McCrady, chairman of the SEDC Board of Directors and Chief Executive Officer of the East Montgomery County (Texas) Improvement District, is pleased to announce that Matthew Tackett will be the new President of SEDC. Beginning in June 2022, Tackett will lead one of the largest professional associations for economic developers…

Sportsman Boats Manufacturing Expands South Carolina Operations

April 1, 2022

Sportsman Boats Manufacturing Inc., a family-owned and -operated maker of saltwater fishing boats, announced plans to expand its operations in Dorchester County. The company’s $8 million investment will create 75 new jobs. “Our organization has grown tremendously since 2012. A big part of that success has been made possible by the support of Dorchester County…

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What We’re Reading

  • Williams Development, True Homes launch 231-home project in Winston-Salem
    Source: Business North Carolina Published on May 27, 2025
  • Turkish company to make $82 million investment in Goldsboro, create 216 jobs
    Source: Business North Carolina Published on May 27, 2025
  • Charlotte lawyers gain key posts at K&L Gates law firm
    Source: Business North Carolina Published on May 27, 2025
  • Meals on Wheels celebrates $11M raised with topping-off ceremony
    Source: Greenville Journal Published on May 25, 2025
  • Status update: 7 Upstate commercial real estate projects
    Source: Upstate Business Journal Published on May 22, 2025

Recent Posts

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  • Optimism and Opportunity: SCEDA’s 2025 Conference Highlights South Carolina’s Economic Momentum Amid Uncertainty
  • Western NC Construction Career Day Draws 600 High Schoolers: Inspiration for a Resilient Region
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