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Economic Development

Genetic Testing Company to Create Jobs in Durham, NC

August 11, 2020

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…

South Carolina is Ready to Play Through

July 25, 2020

If 2020 were a round of golf, it’s safe to say that economic developers would like to take a mulligan on the front nine. The good news is that the match is far from over, and just like Tiger Woods’ comeback in the 2019 Masters, the back nine is looking strong. There is no arguing…

Refresco Expands for Second Time in 2020 in Greenville County, S.C.

July 4, 2020

The Greenville Area Development Corporation (GADC) announced that Refresco, a global independent bottler for both retailers and A-brands in Europe and North America, plans to expand operations for the second time in 2020 in Greenville County. The company’s multi-million-dollar investment is projected to create 40 new jobs. Founded in 1999 and among the world’s largest independent bottlers of…

Centene To Establish New East Coast Headquarters In Charlotte

July 2, 2020

Centene Corporation (NYSE: CNC) today announced that it will establish an East Coast headquarters in Charlotte, North Carolina, after completing a comprehensive evaluation process. The company will begin construction on the new campus in August and plans to create  6,000 new jobs and invest $1 billion in the Charlotte community over time. “Charlotte has great talent, excellent infrastructure and a real…

Duke Energy Foundation Invests $200,000 in EDPNC

July 1, 2020

The Duke Energy Foundation has invested $200,000 to support the work of the Economic Development Partnership of North Carolina in 2020, a year when both organizations are prioritizing helping the state recover from COVID-19. “Duke Energy’s investment in our work couldn’t be more timely, more needed, or more appreciated,” said Christopher Chung, chief executive officer…

Metals Company To Expand in Shelby, NC

June 5, 2020

Ames Copper Group, a joint venture of Prime Materials Recovery, Inc. (PMR) and the Cunext Group, will create 46 jobs in Cleveland County, North Carolina Governor Roy Cooper announced today. The company will invest at least $26.3 million with the expansion of its copper manufacturing facility located in Shelby. “This is good news for Cleveland…

Eli Lilly and Company Select North Carolina for Pharmaceutical Plant

January 21, 2020

Eli Lilly and Company, a global healthcare and biopharmaceutical company, will invest over $470 million and create more than 460 new jobs in Durham. The project will bring a new state-of-the-art pharmaceutical manufacturing facility to North Carolina’s Research Triangle Park. “Life science companies like Lilly continue to choose North Carolina,” said Governor Cooper. “Our exceptional…

Industrial Hemp Producer to Locate in North Carolina

October 17, 2019

Carolina Botanicals, a company formed to process industrial hemp, will create 30 jobs as it establishes operations in Columbus County. The company will invest $3.46 million in its new facility, located in Tabor City. “Today’s announcement is the latest example of the growing market for hemp-related products,” said Secretary Copeland. “And we know companies like…

Spartan Motor Locates in Charleston, SC

October 16, 2019

Spartan Motors, Inc., a leader in fleet, work truck and specialty service vehicle manufacturing, is establishing operations in Charleston County. The $1.15 million investment is expected to create 308 new jobs.  “Spartan Motors is pleased to add North Charleston to our growing global manufacturing footprint,” Spartan Motors, Inc. President and Chief Executive Officer Daryl Adams. We…

Energizing Rural NC to Tackle Workforce Pipeline

October 5, 2019

Local economic developers and civic leaders from counties across North Carolina will gather Oct. 8-9 in Sanford to discuss strategies to retain, attract and develop workforce in the state’s rural communities. “Companies considering North Carolina consistently say talent is their No. 1 concern when deciding where to locate or grow, or sometimes even remain,” said…

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What We’re Reading

  • Greenville Senior High School expansion denied: city of Greenville Planning Commission
    Source: Greenville Journal Published on June 6, 2025
  • McMillan Pazdan Smith acquires West-Columbia-based Jumper Carter Sease
    Source: Upstate Business Journal Published on June 6, 2025
  • Krispy Kreme sells former Winston-Salem plant to Texas firm for $9.65 million
    Source: Business North Carolina Published on June 5, 2025
  • Milestone: The Westin Poinsett celebrates 100 years as downtown Greenville landmark
    Source: Greenville Journal Published on June 5, 2025
  • N.C. House budget amendment could strip local zoning power over App State projects
    Source: Business North Carolina Published on June 4, 2025

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