Korea Country Profile
North Carolina’s strategic location and emphasis on manufacturing and clean energy have made it an ideal state for Korean companies to establish American operations.
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Why Korean Companies Should Invest in
North Carolina
North Carolina offers a business-friendly climate with competitive operating costs, a pro-regulatory environment, and advanced infrastructure that supports automotive, battery manufacturing, electronics, and technology sectors. Korean companies benefit from North Carolina’s central East Coast location, providing efficient access to major US markets through excellent transportation networks including international airports and deep seaports. The state’s skilled workforce, world-class research universities, and commitment to technical training create an ideal environment for Korean companies seeking to establish or expand their American operations.
For the Third Time in Four Years, CNBC Names North Carolina as America’s “Top State for Business”
CNBC has named North Carolina as America’s Top State for Business in 2025, marking the third time the state has garnered the honor in the last four years. This morning, Governor Josh Stein joined CNBC’s Scott Cohn at Battleship North Carolina in Wilmington for a live broadcast where the winner was revealed.
Learn MoreStrategic Location
With half of the American population within a day’s drive, North Carolina is strategically positioned in the middle of the United States’ East Coast. Four international airports and two deep sea ports put many customers and suppliers within reach.
Speed to Market
You don’t have to navigate complicated tax structures or bureaucratic red tape to do business in North Carolina. We have a top business tax environment and are teeming with resources for all permitting, licensing, and other regulation questions.
Hub for Innovation
You’ll find North America’s largest research park and life sciences hub, located in the Raleigh-Durham area, while Charlotte is the second largest financial center in the US. North Carolina is also known for its agriculture, food, and automotive manufacturing sectors.
Leader in Clean Energy
Our state is ranked among the best in America for clean energy. A business-friendly environment, a robust supply chain, and a workforce of over 135,000 are just some of the reasons why renewable energy companies choose North Carolina.
Korean Companies Prosper in North Carolina
FAQs
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How can Korean businesses get support when establishing operations in North Carolina?
Korean companies looking to expand in the United States will receive customized, end-to-end support through North Carolina. Our team works directly with your company to understand your goals and connect you with statewide resources and partners through every step of the business relocation process—from site selection and workforce solutions to incentives, regulatory guidance, and local market insights.
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What notable Korean companies have operations in North Carolina?
In the last decade, Korean companies have invested more than $149 million and 670 jobs in North Carolina. Some prominent Korean businesses with operations in North Carolina include Hyosung, Kioti, Doosan, Hanwha, and more.
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Industrial Infrastructure Piping Manufacturer to Create 168 New Jobs in Nash County for First North American Operation
COSMOIND Co., Ltd., a polyethylene infrastructure piping manufacturer, will create 168 new jobs in Nash County....
Publication
Clean Energy White Paper
As the costs of fossil fuels rise to the highest levels in decades, businesses are seeking cost effective and sustainable energy solutions.
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Workforce Overview
North Carolina pioneered innovation in workforce, from the nation’s first public university to launching the first customized training program.
Stay on Top of Business Growth
Explore NC is a quarterly newsletter for companies interested in expanding their business to North Carolina. Each edition highlights a growing industry, recent project announcements, and more.
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