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The EDPNC Marks 10 Years of Impact
Over the past decade, the Economic Development Partnership of North Carolina has played a central role in making North Carolina the best state in the country for business.
Since launching in 2014, EDPNC has worked with partners across the state to recruit new businesses, support expanding employers, and promote North Carolina’s competitive advantages around the world.
To mark the organization’s 10-year milestone, EDPNC launched an anniversary campaign highlighting the impact of its work and the partnerships behind North Carolina’s economic growth. The campaign generated more than 16,400 engagements, including over 2,000 webpage views and more than 13,000 social media interactions, helping share the story of the state’s economic momentum with audiences across North Carolina and beyond.
The results from the organization’s first decade are significant. EDPNC supported 1,344 business recruitment and expansion projects, representing 178,443 announced jobs and $67.8 billion in capital investment across the state. These projects span industries ranging from advanced manufacturing and life sciences to financial services, technology, and corporate headquarters.
Manufacturing has been a major driver of that growth. Nearly 70 percent of project announcements came from manufacturers establishing new facilities or expanding operations in North Carolina, including companies in aerospace, automotive, pharmaceuticals, textiles, and food production.
And the impact extends far beyond initial announcements. As companies hire workers, build facilities, and purchase goods and services from suppliers, economic activity spreads through local communities and across the state. An analysis conducted with labor market analytics firm Lightcast estimates that projects supported by EDPNC will generate $63 billion in additional inter-industry spending across North Carolina.
By 2028, the companies announcing new or expanded operations are expected to support more than 484,000 additional jobs statewide through supply chains and household spending. Combined with the jobs initially announced, the projects are projected to support more than 637,000 total jobs across the state.
Importantly, these investments have reached communities across North Carolina. Over the past decade, 64,800 jobs and $28 billion in capital investment were announced in the state’s Tier 1 and Tier 2 counties, helping bring new opportunities to rural communities.
Ten years after its launch, the impact of EDPNC’s work can be seen in new factories, expanding campuses, and growing communities across North Carolina. As the organization enters its second decade, that collaborative approach will continue to help bring new investment, jobs, and opportunity to every corner of the state.
