Boom Supersonic to Build Overtune Super Factory in North Carolina
Boom Supersonic, the company building the world’s fastest and most sustainable supersonic airliner, announced plans to build the Overture Superfactory that will serve as its primary manufacturing and production site in Greensboro, N.C. The new facility, which will be located at Piedmont Triad International Airport (PTI), builds upon the state’s storied legacy of aerospace innovation, starting with…
Toyota to Build Battery Plant in North Carolina
Toyota Motor North America announced plans to build a $1.29 billion electric vehicle (EV) battery production facility at the 1,825-acre Greensboro-Randolph Megasite, a KPMG-certified, shovel-ready site featuring the ideal combination of strategic location, world-class workforce and unparalleled transportation infrastructure. North Carolina is home to the global headquarters of several top lithium companies including the world’s largest provider…
North Carolina Ranks a Top State for Business Climate
North Carolina ranks as the nation’s top state business climate in 2021, claiming the lead position for the second year in a row, according to Site Selection magazine. “We tied for the top ranking last year, so it’s great news to leap ahead and be recognized as the sole winner of this national recognition,” said…
Next Gen Site Selection App Introduced by Global Location Strategies
Leading site selection firm Global Location Strategies (GLS) has developed a cloud-based analytic platform for location benchmarking. Called Site Shepherd™, the digital app allows users to screen, score, and financially assess location data in an effort to deliver optimal location recommendations from anywhere in the world. Location benchmarking is the process of comparing location advantages and disadvantages to…
Nephron Pharmaceuticals Announces $100 Million Investment
Nephron Pharmaceuticals Corporation (Nephron) announced the opening of Nephron Nitrile, a plant that will produce American-made, medical-grade nitrile gloves. The more than $100 million investment that will create 250 new jobs follows Governor Henry McMaster’s Executive Order 2021-17, which established a new, statewide focus on the recruitment of pharmaceutical and medical supply manufacturers and directs state agencies to…
CNBC Ranks North Carolina No. 2 on “America’s Top States for Business” List
North Carolina has jumped one spot to No. 2 on CNBC’s “America’s Top States for Business,” its best performance in the annual ranking since it was introduced in 2007. The CNBC study, released today, puts all 50 states to the test, grading them on more than 85 different metrics in 10 key categories of competitiveness….
“All In North Carolina” Campaign launched to Recruit Businesses and Workforce to North Carolina
The Economic Development Partnership of North Carolina (EDPNC) launched a national advertising campaign focused on increasing awareness and choice of North Carolina as a place where diverse businesses and workforce talent can thrive. Titled “All In North Carolina,” the campaign’s central message stresses the vast opportunity and diversity of place, people, businesses and industries North…
Major Automotive Supplier Establishes Operations in Greenville County, SC; GADC 20-Year Celebration “Draws” Hundreds
GREENVILLE, S.C. – June 16, 2021 – If two decades seem to go by quickly, a single year passes in the blink of an eye. Such is the case for Greenville County economic development as they celebrate both 20 years as the county’s official economic development team and the one-year anniversary of announcing Fox Hill…
E. & J. Gallo Winery Establishing East Coast Operations in South Carolina
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
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…
