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In September 2024, Hurricane Helene swept through the southeast, devastating much of Western North Carolina. In the wake of the catastrophic destruction to homes, businesses, and infrastructure, the public, private, and nonprofit sectors banded together to provide immediate relief and support. The EDPNC responded quickly with efforts focused on supporting small businesses and the tourism economy.
In the immediate aftermath of the storm, the Small Business Advisors team was on call to field requests from small business owners, sending information to more than 100 businesses and connecting them with local support organizations. The Marketing team halted its business attraction campaign temporarily and focused instead on in-state messaging to help affected businesses connect with necessary resources at state and local levels.
The Tourism team sprang into action, fielding and convening calls for tourism partners in the western region. They served as a central repository for information, gathering input from local partners and relaying closures to state agencies, welcome centers, and travel industry suppliers like Expedia and AirBnB. The team also provided critical, real-time support for existing travel advisory resources by offering an interactive map indicating which counties were closed to travelers and which counties were open for business and welcoming tourists.
A research study was executed in primary markets to understand perceptions of hurricane damage. The study found that the likelihood of residents outside the state planning to visit North Carolina fell, with 25-50% of potential visitors having misperceptions of which areas of the state were affected by the hurricane and what areas had access to running water, power, and cell service.
Recognizing the long-term impact these negative perceptions could have on the region and state’s tourism economy, the North Carolina legislature appropriated $5 million to develop a tailored marketing campaign to drive tourism to Western North Carolina, particularly during the holiday and winter season.
Recovery efforts are ongoing, though much progress has been made, and businesses are finding resources they need to reopen. With his new administration beginning in January 2025, Governor Josh Stein launched the Governor’s Recovery Office for Western North Carolina to accelerate recovery efforts, particularly in areas that were hit hardest. As of February, 2025, the WNC Small Business Initiative has funded 989 loans for small business owners impacted by Helene to bolster economic recovery, and 84% of roads have reopened since the storm’s initial impact.
In mid-November, the Marketing team launched a new creative concept to support business attraction to the state while acknowledging the recovery in Western North Carolina. The purpose of this new creative was to showcase the resilience of North Carolinians and let those outside of the state know that the rest of the state is open for business.
With additional funding from the North Carolina legislature, the Visit NC team sprang into action to support destination marketing for the Western part of the state that was unaffected by the Hurricane. Their new creative is a spin off of their “For Real, Visit North Carolina” campaign and promotes the message “Our best way to get back is for you to come back.”
Long considered a hub for biotechnology, North Carolina further cemented its status as a top destination for life sciences investment in 2024. Pharmaceutical, biotechnology, and medical equipment manufacturers announced a staggering $8.3 billion in capital investment and 3,553 new jobs to be created across the state.
Novo Nordisk, FUJIFILM Diosynth Biotechnologies, Amgen, and Johnson & Johnson each announced investments of more than $1 billion dollars and will collectively add 2,470 new jobs in biotechnology and pharmaceutical manufacturing. Driven by increasing demand worldwide, these leading drug developers selected North Carolina for its workforce and steady talent pipeline, tailored for pharmaceutical manufacturing through custom-developed programs like the BioWork certification offered at several community colleges.
A sector historically anchored by Research Triangle Park in Raleigh-Durham, several life sciences companies are investing in regions across North Carolina, tapping into the skilled manufacturing workforce found statewide. Notably, Wilson County secured $1.3 billion in investment and 984 new jobs from Johnson & Johnson, Reckitt Benckiser, and IDEXX Laboratories. NIPRO Corporation, a tier-1 medical device manufacturer, announced it is establishing a manufacturing center of excellence in Pitt County, investing nearly $400 million and creating 232 new jobs.
More than half of the fifteen life sciences projects announced this year came from companies based outside of the U.S., further cementing North Carolina’s status as a top destination for foreign direct investment.
Novo Nordisk
Capital Investment Announced
Jobs Announced
Johnston County
FUJIFILM
Capital Investment Announced
Jobs Announced
Wake County
Amgen
Capital Investment Announced
Jobs Announced
Wake County
Johnson & Johnson
Capital Investment Announced
Jobs Announced
Wilson County
NIPRO
Capital Investment Announced
Jobs Announced
Pitt County
Kyowa Hakko Kirin
Capital Investment Announced
Announced Jobs
Lee County
IDEXX
Capital Investment Announced
Jobs Announced
Wilson County
Reckitt Benckiser PLC
Capital Investment Announced
Jobs Announced
Wilson County
The Economic Development Partnership of North Carolina was launched by a bipartisan group of state leaders in October 2014, propelling North Carolina into a new era of economic success. Driven by a mission to improve the economic well-being and quality of life for all North Carolinians, the EDPNC – working alongside partners in the public and private sectors – has contributed to a decade of prosperity through business recruitment and expansion, international trade support, small business advisory services, and promoting North Carolina as a tourism destination. The results tell a tremendous story.
The Business Recruitment and Existing Industry teams collectively announced 1,344 new facilities and expansion projects over the last decade, yielding more than 178,000 new jobs and $67 billion in new capital investment. Spanning a wide range of industries, 933 manufacturers and 124 corporate headquarters announced new facilities, relocations, or expansions. Along with local community economic development agencies and key stakeholders, the Business Recruitment and Existing Industry teams facilitated successful project wins across the state, with more than $28 billion in capital investment and 64,800 new jobs announced in Tier 1 and Tier 2 counties.
The EDPNC’s small business team supported over 183,000 small businesses, helping entrepreneurs in all 100 counties navigate the startup process. The International Trade division supported export growth, taking 450 North Carolina manufacturers on overseas trade missions. The team also awarded $7 million to 1,900 export projects through the STEP grant.
The tourism team spent the last decade promoting North Carolina as a travel destination, executing marketing and public relations campaigns aimed at both domestic and international visitor audiences. Over the past ten years, North Carolina’s tourism economy saw $269 billion in visitor spending; over that time frame, visitor spending increased by 67 percent. North Carolina’s Film division landed $1.4 billion in in-state production spending across 86 counties.
The EDPNC celebrated this exciting milestone at an event in February 2025, bringing together three past and current governors, four secretaries of commerce, legislative leaders, officials, investors, stakeholders, and current and former EDPNC staff. The event also symbolized an opportunity to bring together leaders from across the state representing different political, geographic, and economic points of view, all eager to recognize the collective success of the organization to provide opportunities for all North Carolinians.
The EDPNC looks forward to continuing that very collaborative success in the next decade and beyond.