North Carolina

This section includes articles related to area economic development, corporate relocation, company expansion and site selection news throughout North Carolina.

Utilities Economic Development

Top Utilities: More Power To You

From municipally-owned power providers to expansive regional entities, these top utilities of 2021 did much more than provide energy.
Amazon Fulfillment Center Cumberland County, NC

Amazon, Eli Lilly To Bring 1,100 Jobs To North Carolina

Amazon will establish a distribution center in Cumberland County, NC; Eli Lilly will invest $1B in a pharmaceutical manufacturing facility in Concord.
Boom Supersonic Aircraft Piedmont Triad International NC

Boom Supersonic Chooses North Carolina For New Manufacturing Plant

Boom Supersonic will manufacture its new supersonic passenger aircraft, Overture, at Piedmont Triad International Airport, creating more than 1,750 jobs.
2021 LiveXchange

LiveXchange Goes Live Once Again In 2021

Corporate executives, economic developers hailed the return of an in-person Business Facilities LiveXchange event, while participating in more than 265 one-on-one meetings.
Wake County, NC

Science 37 To Relocate HQ To Research Triangle Region

The clinical research company will create 250 jobs and invest $1.5 million at its new Wake County, NC corporate headquarters.
manufacturing industry

The Manufacturing Industry: Building Back Fast

Despite turbulence caused by labor and supply chain challenges, the manufacturing industry is experiencing a positive trajectory as it recovers from the pandemic.
electric vehicle battery plants

Two New EV Battery Plants To Create 1,900 Jobs In North Carolina

In total, Toyota and Arrival will invest more than $13 billion to establish their electric vehicle battery plants in Randolph County and Charlotte.
Toyota electric vehicle

EV Growth Is Coming. Are You Ready?

Toyota’s expansion into North Carolina will not be the auto industry’s last.
CCL Label

North Carolina Sees Investments In Food Processing, Manufacturing

Packaging manufacturer CCL Label Inc. and frozen food company Meel Corp are both expanding into North Carolina, bringing millions in investments to the state.
supply chain

Logistics: Constant State Of Change

Massive disruptions to global supply chains during the pandemic have forced the logistics sector to rapidly adapt, with manufacturers moving their supplier networks closer to home.
Ava Security

Ava Security Picks North Carolina For America’s HQ

Ava Security, a unified service provider of cyber and video security, has selected Raleigh, NC as the location for the company’s new Americas headquarters.
Governor Roy Cooper

North Carolina Governor’s Report: Aiming To Stay On Top

North Carolina isn’t resting on its laurels as Business Facilities' 2020 State of the Year. With a thriving tech talent pool and a commitment to an equity-driven recovery, Gov. Roy Cooper aims to defend the crown.
Startup Ecosystems

Startup Ecosystems Are Everywhere

A tidal wave of venture capital is fueling a boom in startups around the world. Locations are racing to establish thriving startup ecosystems that make them magnets for unicorns.
September / October 2021 Issue (Volume 54, Number 5)

September / October 2021 Issue (Volume 54, Number 5)

The September / October 2021 issue looks at startup ecosystems, innovation centers and Opportunity Zones. Plus, an exclusive interview with North Carolina Gov. Roy Cooper.
fintech

Finance & Insurance: Fintech’s Future Is Now

Biometrics, artificial intelligence and blockchain are being embraced by the financial services and insurance sectors, fueling a wave of fintech startups.
North Carolina

Job Development Grants Drive Investment In North Carolina

Incentives provided by North Carolina Economic Investment Committee lead to upwards of $150 million in investment in manufacturing, software industries.
Amazon logistics

Amazon Plans To Hire 125,000 Employees Across America

Amazon will add the new fulfillment and transportation positions to the 40,000 corporate and technology jobs announced earlier this month.
Pitt County, NC

Thermo Fisher Scientific Investing $154M In North Carolina

The expansion will increase Thermo Fisher Scientific's manufacturing capacity and create 290 additional jobs in Pitt County, NC.
Everything Attachments

Everything Attachments To Invest $20M In North Carolina

Farm implement and tractor attachment maker Everything Attachments will create 147 jobs at its new manufacturing campus in Conover, NC.
Nash County, NC

Crump Group To Create 160 Jobs In North Carolina

The Crump Group, a Canadian pet treats manufacturer, will invest $13.2M to establish its first U.S. production facility in Nash County, NC. 

Rankings & Awards

Micron, Intel, Chevron Phillips, Hyundai Top 2022 Deals Of The Year

The annual Business Facilities Deal of the Year awards have expanded to recognize four winning project announcements.
2022 State of the Year

North Carolina Is Business Facilities’ 2022 State Of The Year

North Carolina is named Business Facilities’ 2022 State of the Year, the second time the state has been recognized for this top honor.

Business Facilities Featured Location Spotlight

Location Spotlight: Charging into the EV Market in Northwest Ohio

With close proximity to Detroit, an extensive transportation network and a trained, educated workforce, the Toledo/Northwest Ohio region has a long successful track record within the automotive industry. Those inherent assets are the same resources which make this region an attractive location for the evolving electric vehicle market.

Business Facilities Featured Location Videos

[VIDEO] Made Possible in Lehigh Valley

The region has been recognized as one of the fastest-growing economies in the nation and is just a short drive away from major mid-Atlantic cities including New York City, Philadelphia, Baltimore, and Washington D.C.