The “Great Recession” taught theworld manylessons – among them, the importance of diversification: when one industry falters, others can pick up the slack.
Demand for renewable energy by European utilities is driving job creation and investment in Southeastern North Carolina. In September, Bethesda, Md.-based Enviva Partners, LP, unveiled plans to build wood-pellet manufacturing facilities in Richmond and Sampson counties in a $214 million project that will utilize the region’s forestry resources.. The two production sites will create about160 permanent jobs by the end of 2017.
Last summer’s acquisitionbyJapan’s Kuraray Co., Ltd., of DuPont's glass laminating solutions and vinyls business in Bladen County is evidence that the Southeast Region continues to draw a handsome share of foreign direct investment (FDI)
The Southeastern Partnership board of directors established a three year strategic plan for the region to guide its marketing program.
Regional business leaders continue to show support for The Southeastern Partnership and its efforts to bring new jobs and economic investment to North Carolina’s Southeast Region. In recent months, six companies and organizations have stepped forward to support the organization as investors:
Business, governmental and community leaders from around Southeastern North Carolina gathered in Elizabethtown on September 16thfor the first meeting of The Southeastern Partnership’s full board of directors. The group includes top private-sector leaders as well as public appointees from each member county commission
As Vertex Rail Technologies ramps up its new production site near the Port of Wilmington, its economic impact will be felt around the region.
Economic developers and local government leaders from Brunswick, New Hanover and Pender counties are working with officials of The Southeastern Partnership to forge a marketing brand designed to draw new jobs, companies and economic investment to the area. The Wilmington Regional Marketing Initiative, a micro-region of the larger North Carolina’s Southeast region, will enhance the promotional work and global corporate outreach efforts of the Brunswick County Economic Development Commission and Wilmington Business Development, a membership-driven organization that oversees economic development for the City of Wilmington and New Hanover and Pender counties.
UNC Wilmington students continue making an impact as community volunteers, and the Carnegie Foundation continues to be impressed. The foundation's Advancement for Teaching announced that the University of North Carolina Wilmington has earned its 2015 Community Engagement Classification.
With momentum gathering for the U.S. economy, Southeastern North Carolina has stepped up regional marketing with outreach strategies to targeted industries, construction of a new industrial property database and renewed cooperation among federal, state, regional and local economic development partners. As the Southeastern Partnership looks back on its first six months operating under a re-shaped public-private model and expanded geography, business leaders are satisfied the new organization is well-situated to capitalize on the region’s economic potential as job growth nationally continues to expand..