North Carolina

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

North Carolina 2020 State of the Year

North Carolina: Rising Star With A Global Reach

In the last century, our 2020 State of the Year has been tops in tobacco, textiles and furniture. Today, North Carolina is on the cutting edge of advanced manufacturing, biotech, gene therapy and unmanned aerial systems.
January / February 2021

January / February 2021 Issue (Volume 54, Number 1)

The January / February 2021 Issue features our annual State of the Year and Deal of the Year awards. Plus, our editor's top utility picks, the future of electric vehicles, and more.
Centene

Bronze Award: 2020 Economic Development Deal Of The Year

Centene is bringing its $1B East Coast headquarters to Charlotte, NC, creating more than 1 million square feet of new office space.
Research Triangle

Gilead Sciences To Create 275 Jobs In North Carolina

Biopharmaceutical company Gilead Sciences, Inc. will invest up to $5 million in North Carolina’s Research Triangle region.
Hickory, NC American Fuji Seal

American Fuji Seal To Create 101 Jobs In North Carolina

Packaging solutions manufacturer American Fuji Seal will invest $52 million to establish new production operations in Hickory, NC. 
2020 Deal Of The Year

Tesla Gigafactory In Texas Is BF’s 2020 Deal Of The Year

Greater Austin Chamber of Commerce has earned BF's 2020 Deal of the Year Gold Award for landing the Tesla Gigafactory project, which will create 5,000 jobs in the region.
North Carolina 2020 State of the Year

North Carolina Is Business Facilities’ 2020 State Of The Year

North Carolina has been named Business Facilities’ 2020 State of the Year, the first time the Tar Heel State has earned the magazine’s top honor.
quality of life

Quality of Life: Working Where You Want To Live

Millennials are looking for all of the excitement and amenities found in large urban centers, but at a much lower cost and with the better overall quality of life found in mid-sized cities.
COVID-19 economic development

COVID-19: The Road To Recovery

Economic development organizations and government officials have joined forces with local businesses to keep creating inspiring and innovative ways to meet the most urgent needs of the COVID-19 pandemic. Here are their stories.
energy efficiency

California Tops 2020 State Energy Efficiency Scorecard

Massachusetts, Vermont, Rhode Island, New York round out top 5 states for energy efficiency, Nevada is most improved in annual ACEEE report. 
Greenville, NC

Two Projects Bringing 700 Jobs, $512M In Investment To Greenville, NC

Thermo Fisher Scientific will invest $500M and create 500 jobs, while Grover Gaming will invest $12.5M and create 200 jobs in Greenville, NC.
ApiJect Systems

$590M Loan Will Help ApiJect Make Vaccine Devices In North Carolina

In response to COVID-19, the U.S. International Development Finance Corporation will loan the company $590 million to build a facility in Research Triangle Park.
Rocky Mount, NC

Cornerstone Building Brands Investing $25M In North Carolina Expansion

Cornerstone Building Brands, an exterior building product company, will create 38 jobs at its new production facility in Rocky Mount, NC. 
Buncombe County, NC

Pratt & Whitney Investing Over $650M In North Carolina

The Fortune 50 aerospace company will establish a new manufacturing facility in Buncombe County, NC, creating 800 jobs by 2027.
startup ecosystems

Startup Ecosystems: Seeding The Land With Startups

Locations are nurturing startup ecosystems with access to skilled labor, angel investors, higher ed resources and an affordable quality of life that is attracting talent.
UPS Pennsylvania

UPS To Invest More Than $316M In North Carolina 

The global logistics company will create 592 jobs at two sites in Guilford and Alamance counties by 2024.
Opportunity Zones

LiveXchange Webinar: Panel Discussion – Opportunity Zones 2.0

Learn how Opportunity Zones are becoming prime investment opportunities for capital gains and how new IRS guidelines will impact on your plans for a QOZ near you.
USGA Pinehurst, NC

United States Golf Association To Establish Operations In North Carolina

The United States Golf Association (USGA) will invest up to $36 million to create a multi-building research and testing campus in the Village of Pinehurst, NC.
video

[VIDEO] Our Time is Now: Winston-Salem, NC

In Winston-Salem, you’ll find a place to reimagine the life you want. Built by entrepreneurs, innovators, educators, and artists, we’re constantly pushing forward, creating a community that’s resilient and thriving.
North Carolina incentive programs

Incentivizing Growth: Tarheel Temptations Reel In Big Fish

Through two popular incentive programs, the North Carolina Department of Commerce tailors grants to help attract jobs and the company making an investment.

Rankings & Awards

2022 Global Rankings

18th Annual Rankings: 2022 Global Rankings Report

The U.S. and China earned the top two spots for Foreign Direct Investment (Worldwide) in Business Facilities’ 2022 Global Rankings Report.
2022 Metro Rankings

Business Facilities’ 2022 Metro Rankings Report

Metro areas and cities of all sizes are recognized for attracting and retaining businesses from numerous industry sectors in Business Facilities' 2022 Metro Rankings Report.

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Business Facilities Featured Location Spotlight

Location Spotlight: Hoosier Energy

The Hoosier Energy Power Network’s Economic Development team is dedicated to providing valuable site selection information and assistance to companies considering a relocation or expansion in Indiana or Illinois.

Business Facilities Featured Location Videos

[VIDEO] Life Sciences in Lehigh Valley, Pennsylvania

Lehigh Valley, Pennsylvania, located amid the northeast’s life sciences supercluster, is a place where bold ideas thrive. Top talent, great neighbors, and lower costs. Learn more.