Author: Doug
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NC’s Economic Diversity
I took this chart from the 2023 Annual report from the EDPNC. These are the number of new or expansion projects in 2023, broken down by industry.
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2023 NC Economic Development facts
Check out the full 2023 Economic Development Partnership NC’s report. Some of the companies with new investments or expansions:
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South Boston, VA
Quick Facts South Boston VA Summary Historically, the town’s economy relied heavily on manufacturing, particularly textiles and furniture. However, these industries declined in the latter half of the 20th century, leading to economic hardship. Healthcare, motorsports, wood and plastic products, agriculture, tourism, and transportation / warehousing are growing sectors. The SOVA Innovation Hub, supported by federal grants, fosters small business…