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Economic Development

E. & J. Gallo Winery Establishing East Coast Operations in South Carolina

June 15, 2021

Governor Henry McMaster and the S.C. Department of Commerce today announced that E. & J. Gallo Winery (Gallo), a global wine and spirits company, will build a new state-of-the-art production facility and distribution center in Chester County to support future business growth and its long-term innovation plans. The $423 million investment will create 496 new jobs over…

Responding to Site Searches: How Communities Can Gain a Competitive Advantage

May 21, 2021

When it comes to site selection, how can a community effectively compete? If their economic development team is marketing and promoting real estate, the answer is THEY CAN’T. Clients buy sites, not real estate. This is a distinction they identify and use in the first stages of a site search to determine which sites to…

Doosan Bobcat to Invest $70 Million to Add Jobs and Expand Manufacturing Operations in Statesville, N.C.

May 4, 2021

Doosan Bobcat North America, a global leader in the compact equipment industry, announced today plans for a $70 million expansion of its Statesville, N.C., manufacturing facility. The company plans to construct an additional 580,000 square feet for its manufacturing operations, which will create 250 new, full-time jobs over the next five years in Iredell County….

Apple to Invest $1 Billion, Hire 3,000 in North Carolina

April 26, 2021

Apple has selected North Carolina’s Research Triangle region as the location for its newest research and development campus and will create 3,000 jobs in Wake County, Governor Roy Cooper announced today. Apple plans to invest more than $1 billion in the state by 2032. Earlier today, Governor Cooper, Senator President Pro Tempore Phil Berger, Senator…

John Longshore and Sarah White Inducted into Site Selectors Guild

April 21, 2021

Greenville, S.C.-based site selection firm Global Location Strategies (GLS) has announced that two of their principals – John Longshore and Sarah S. White – have been inducted into the prestigious Site Selectors Guild (SSG), the world’s foremost consortium of location advisory consultants. Membership to SSG is exclusive to the most highly qualified professionals in the business and individuals must be nominated…

Gilead to Create 275 Jobs in the RTP

February 10, 2021

Gilead Sciences, Inc., a leading biopharmaceutical company developing innovative medicines, has selected North Carolina’s Research Triangle region as the location for a major business services and information technology hub, creating 275 jobs. The company will invest up to $5 million in Wake County. “With today’s announcement, Gilead confirms that North Carolina sits at the crossroads…

Record Investment Translates to Another Strong Year for Greenville Economic Development in 2020

February 2, 2021

GREENVILLE, S.C. – February 1, 2021 – Despite a brutal pandemic that took thousands of precious lives too soon and wreaked havoc on communities and economies the world over, the people and businesses of Greenville County, South Carolina know this for certain: Greenville is blessed with a vibrant community and high quality of life, and…

North Carolina Named Business Facilities’ 2020 State of the Year

January 15, 2021

North Carolina has been named 2020 State of the Year by Business Facilities magazine, a title that recognizes the state’s success in winning projects that create capital investment and new jobs. This marks the first time North Carolina has earned the magazine’s top honor, bestowed annually since 2007. “North Carolina is leveraging its advantages ― including a…

Balfour Beatty Breaks Ground on Morrison Yard Corporate Office Tower

January 14, 2021

Balfour Beatty has been awarded $42 million to deliver Morrison Yard, a new 10-story Class A office space located in downtown Charleston. KeithCorp and Origin Development Partners have selected Balfour Beatty to provide preconstruction and construction management services to oversee the completion of a premier officer tower for future tenants at the foot of the…

Southern Focus: An Economic Developer’s Perspective on 2021

December 29, 2020

I think we are all thankful to have 2020 behind us and are optimistic about this new year. As I reflect on 2020 several things struck me. In a Presidential election year, July through mid-November is a slow time for economic developers. Companies typically would put any plans they have regarding expansions/relocation on hold until…

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What We’re Reading

  • Biz: Demand for industrial space remains intense
    Source: Raleigh Business Journal Published on May 9, 2025
  • Krispy Kreme sinks after 2025 forecast withdrawn
    Source: Business North Carolina Published on May 8, 2025
  • North Carolina offered $300M to lure 4,000-job factory. It went to Ohio instead
    Source: Raleigh Business Journal Published on May 8, 2025
  • AIRSYS Cooling Technologies breaks ground on $40M global HQ in Woodruff
    Source: Upstate Business Journal Published on May 8, 2025
  • Fortune 500 company plans $380M manufacturing project in Charlotte region
    Source: Charlotte Business Journal Published on May 8, 2025

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