Tag: EDPNC
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North Carolina’s 2025 Rural Infrastructure Grants: Fueling Growth Across the State
North Carolina continues to shine as a beacon of economic growth and opportunity. In February 2025, the North Carolina Rural Infrastructure Authority (RIA) approved 13 grants totaling approximately $9.6 million to bolster rural communities. These strategic investments are set to create 371 new jobs and attract over $165 million in public and private investments. Economic…
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GE Aerospace Expansion: A Boost for North Carolina’s Growth Markets
GE Aerospace Expansion: A Boost for North Carolina’s Growth Markets General Electric Aerospace is investing over $100 million across four North Carolina manufacturing sites: Wilmington, Asheville, Durham, and West Jefferson. This move not only upgrades GE’s jet engine production capabilities but also delivers a powerful economic stimulus to these regions. Here’s a breakdown of the…
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Economic Impact of Johnson & Johnson’s New Wilson, NC Facility
Economic Impact of Johnson & Johnson’s New Wilson, NC Facility In our September blog post, we noted the announcement of Johnson and Johnson’s planned pharmaceutical manufacturing campus in Wilson, NC. This article digs deeper into the economic impact and the effects on population, housing, and retail. 1. Facility Location and Regional Access Johnson & Johnson…
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International Logistics Park
Our take: This certified shovel-ready site is located 18 miles Northwest of the Port of Wilmington and less than 10 miles from Wilmington International Airport, near I-74 and I-40. Occupation of this site would increase demand for housing and retail in the nearby cities of Wilmington, Leland, Delco, Sandy Creek, and Castle Hayne. The International…
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NC #2 State for Business
CNBC’s Top States for Business 2024 dropped North Carolina from first place last year, to 2nd place this year. It may be that NC is a victim of its own past success, with regards to availability of site-ready pads. According to CNBC, NC rose substantially in “business-friendly” ranking compared to other states, but has dropped…
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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: Doug KlineDoug Kline, PhD, has held income properties in North Carolina for more than 20 years. He holds a North Carolina broker’s license, and is a member of the National Association of Realtors and the Triangle…
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North Carolina Top for Business
Awards 2022-2023 Doug KlineDoug Kline, PhD, has held income properties in North Carolina for more than 20 years. He holds a North Carolina broker’s license, and is a member of the National Association of Realtors and the Triangle Real Estate Investors Association. A lifelong learner, he holds an MBA and a PhD in business, and…