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Business Recruitment & Existing Industry
Driving economic growth through business relocation and expansion.
Record-Breaking Projects in Record-Breaking Year
The Business Recruitment (BR) and Existing Industry (EI) teams support economic growth through new business locations and expansions of existing North Carolina companies.
In terms of new jobs and capital investment announced, 2025 was the greatest year in economic development history for North Carolina. Companies announced over 33,000 new jobs and $24 billion of capital investment in state, including the largest individual projects in terms of both of those categories. JetZero’s planned aerospace factory in Greensboro will employ over 14,500 people, and Amazon Web Services will invest $10 billion in a new high-tech cloud computing and artificial intelligence innovation campus in Richmond County.
Project Wins
Both teams generated strong results in 2025, with the teams collectively announcing more than 33,662 new jobs and $24.2 billion in capital investment.
122
Project Wins
$24.2B
Capital Investment Announced
33,662
Jobs Announced
82
Wins in Tier 1 & 2 Counties
Business Recruitment and New Facility Projects
71
Project Wins
$21.7B
Capital Investment Announced
28,594
Jobs Announced
44 Wins
in Tier 1 & 2 Counties
Existing Industry Projects
51
Project Wins
$2.5B
Capital Investment Announced
5,068
Jobs Announced
38 Wins
in Tier 1 & 2 Counties
EDPNC History
Since EDPNC’s inception in 2014, the BR and EI teams have collectively supported 1,636 new and expanding companies, that announced 238,086 new jobs and $97.85 billion in capital investment.
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Top Industries in 2025
The top sectors for company locations and expansions in 2025 were Energy, Construction Materials, Chemicals, Plastics, and Rubber, and Business and Financial Services. Top industries were determined by total projects in each sector.
The top sectors for company locations and expansions in 2025 were Energy, Construction Materials, Chemicals, Plastics, and Rubber, and Business and Financial Services. Top industries were determined by total projects in each sector.
Project Highlights
Top 20 Projects by Jobs Announced
| Company | County | Jobs | Capital Investment | Project Type |
|---|---|---|---|---|
| JetZero | Guilford | 14,564 | $4,724,000,000 | New |
| Jabil, Inc. | Rowan | 2,004 | $264,000,000 | New |
| Scout Motors | Mecklenburg | 1,200 | $206,974,180 | New |
| Vulcan Elements | Johnston | 1,000 | $918,100,000 | New |
| Aspida Financial Services | Durham | 1,000 | $28,750,000 | New |
| Maersk North America | Mecklenburg | 520 | $16,000,000 | New |
| Citigroup Technology Inc. | Mecklenburg | 510 | $16,100,000 | New |
| Complete Well-Care Source LLC | Rowan | 501 | $14,495,782 | Expansion |
| Amazon Web Services | Richmond | 500 | $10,000,000,000 | New |
| Zhejiang Kingspun Eco-pack Co., Ltd. | Graham | 500 | $80,500,000 | New |
| Genentech | Wake | 420 | $700,000,000 | New |
| Lenovo Global Technology (US) Inc. | Guilford | 420 | $77,048,078 | Expansion |
| Novartis Gene Therapies, Inc. | Durham and Wake | 380 | $771,000,000 | New |
| Prolec GE Waukesha | Wayne | 330 | $140,000,000 | Expansion |
| Toromont | Mecklenburg | 326 | $56,015,800 | New |
| Pratt & Whitney | Buncombe | 325 | $285,000,000 | Expansion |
| Walmart | Gaston | 322 | $300,000,000 | New |
| Pacific Life Insurance Company | Mecklenburg | 301 | $12,300,000 | New |
| Environmental Air Systems, LLC | Randolph | 300 | $21,500,000 | New |
| Buildops | Wake | 291 | $771,200 | New |