Southern Focus: An Economic Developer’s Perspective on 2021
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…
City of Gastonia Hosts Two Groundbreaking Ceremonies
Two groundbreaking ceremonies were held on October 30 at sites in the Franklin Urban Sports and Entertainment District in west Gastonia, marking major progress for the City’s economic development plans along West Franklin Boulevard. The two groundbreakings were held at the old Trenton Mill and at a site behind the historic Coca-Cola bottling plant on…
EDPNC Ranks as Top Economic Development Organization
Site selection consultants view the Economic Development Partnership of North Carolina (EDPNC) as the best state-level economic development organization in the country, according to a new survey of U.S. corporate executives and location advisors. Conducted by Development Counsellors International (DCI) every three years, the “Winning Strategies in Economic Development Marketing” survey was released this week…
Gastonia City Council Approves Three Milestone Economic Development Projects
The Gastonia City Council approved three economic development agreements at its October 6 meeting with a potential for private investment worth $96 million. “These projects have been in the making for many years and are now coming to fruition with the hard work of our City Council, City staff, investors, and community partners,” said Mayor…
Lineage Logistics Expanding Operations in Charleston, SC
Lineage Logistics, an innovative provider of temperature-controlled logistics solutions, today announced plans to expand operations in Charleston County. The $34 million investment will create 36 new jobs. “Charleston has it all – first-rate infrastructure, great access, a top ranked port and a skilled workforce,” said Greg Lehmkuhl, Lineage Logistics, president and CEO. “South Carolina’s numerous…
DC BLOX to Build $200 Million Data Center in Greenville, SC
DC BLOX, a multi-tenant data center provider in the Southeast, today announced plans to establish operations in Greenville County. The new data center will initially bring five new positions to the community – along with an expected, combined investment of over $200 million by DC BLOX and its tenant customers over the next few years….
DC BLOX Announces Plans to Build Major Regional Tier III Data Center in Greenville County, SC
With the acceleration of digital transformation initiatives across industries, DC BLOX is developing essential infrastructure that strategically enables digital business across the Southeastern United States. Organizations across the Carolinas and North Georgia have increasing demand for a Tier III rated regional data center that can provide the security, reliability, cost-efficiency and expertise that lets them…
Site Consultants Rank NC a Top 5 State for Doing Business
Leading site consultants once again rank North Carolina among the top five states in the nation for doing business, according to an Area Development magazine survey. The site selection and facility planning publication this week announced the results of its 2020 nationwide survey. For the second year in a row, North Carolina came in at…
Lowe’s Announces Expansion of Supply Chain Network
Lowe’s Companies, Inc. (NYSE: LOW) today announced an update on its supply chain transformation to improve home delivery and support growing demand from DIY and Pro customers. Over the next 18 months, the company plans to open 50 cross dock delivery terminals, seven bulk distribution centers and four e-commerce fulfillment centers. This includes 20 cross…
Genetic Testing Company to Create Jobs in Durham, NC
Beam Therapeutics, a biotechnology company developing precision medicines through DNA base editing, plans to build a manufacturing facility in North Carolina’s Research Triangle Park, creating 201 jobs. Over a period of 5 years, the company expects to invest $83 million in the facility, which will support clinical and commercial manufacturing for the company’s novel base…
