DOING BUSINESS IN NORTH CAROLINA

Economic Development Partnership of North Carolina
336-214-7330
Melissa.smith@edpnc.com
www.edpnc.com

Doing business in North Carolina

For the second year in a row, North Carolina has been named the top state for business in the nation by CNBC, and our highly educated workforce, world class education system, and largest manufacturing workforce in the Southeast contribute to that success.

— Christopher Chung, CEO,
Economic Development Partnership of North Carolina
Doing business in North Carolina
Downtown Charlotte, North Carolina (Photo: Adobe Stock / DigiDreamGrafix)

  FAST FACTS

Population (July 2022 est.): 10,698,973¹
Largest Cities (2020): Charlotte (876,747); Raleigh (467,425); Greensboro (297,808); Durham (284,400); Winston-Salem (284,400)¹
Real GDP (2022): $559.5 billion²

¹U.S. Census Bureau
²Bureau of Economic Analysis, U.S. Dept. of Commerce

  TARGETED GROWTH SECTORS

Automotive/Electric Vehicles: North Carolina is home to over 250 unique automotive companies, including heavy-duty truck, body and trailer, engine and transmission, and electric vehicle and battery manufacturing.


Clean Energy: In 2007, North Carolina became the first state in the Southeast to adopt a renewable energy portfolio and has passed bipartisan legislation to cut the state’s carbon emissions by 70% by 2030 and reach carbon neutrality by 2050.


Aerospace/Aviation: More than 280 leading aerospace companies have operations in North Carolina and more than 450 aerospace manufacturing suppliers contributing to the supply chain.

  TOP PROJECTS

COMPANY
CITY
JOBS
Kempower
Durham
601
Siemens Mobility
Lexington
506
GE Hitachi Nuclear Energy
Wilmington
485
SOPAKCO
Laurinburg
440
Bosch
Lincolnton
404

FEATURED LOCATIONS

Economic Development Partnership of North CarolinaWhen you’re All In on an advanced workforce, you hire from a premier education system that includes three Tier-1 research universities and 58 community colleges. The result? CNBC naming North Carolina #1 for workforce and America’s Top State for Business in 2023.

 


Greenville ENC Alliance Greenville is the thriving economic, educational, medical, and cultural hub of eastern North Carolina. With capital to coast connections, the Greenville-Pitt County MSA is a prime mid-Atlantic location with the infrastructure, workforce, and resources that companies need to succeed in advanced manufacturing, pharmaceutical manufacturing, and medical devices and supplies.

  OUTDOOR RECREATION ASSISTANCE

As North Carolina’s Travel, Tourism, and Outdoor Recreation sectors serve as key economic drivers, the state announced the Creating Outdoor Recreation Economies (CORE) Program in January 2023 to offer strategic planning and technical assistance to help rural communities leverage North Carolina’s abundant outdoor recreation assets to bolster local economic vitality. 

  TOP BUSINESS FACILITIES RANKINGS

#2 Best Business Climate
2023 State Rankings
Top 10 Aerospace/Defense
2023 State Rankings
Top 10 Life Sciences
2023 State Rankings
Top 10 Customized Workforce Training
2023 State Rankings
Top 10 Semiconductors
2023 State Rankings
Top 10 EV Industry Investment
2023 State Rankings
Top 10 Food Processing
2023 State Rankings
Top 10 Cybersecurity
2023 State Rankings
Top 10 Manufacturing Hubs (Large): Raleigh-Durham–Cary
2023 Metro Rankings
Top 10 Food Processing: Rowan County
2023 Metro Rankings

From the July / August 2023 issue of Business Facilities

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