Semiconductor Manufacturer Wolfspeed Selects North Carolina for New Production Facility
Wolfspeed, a global leader in silicon carbide semiconductor manufacturing, announced that it has chosen Siler City,...
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In the heart of North Carolina, the Piedmont region is a commercial powerhouse, home to major corporate headquarters, top-tier universities, and international travel hubs. With 70 universities and community colleges fueling a highly educated workforce and the nation’s largest research park at Research Triangle Park, this region attracts Fortune 500 companies, industry leaders, and innovative startups across sectors from life sciences to advanced manufacturing. Companies benefit from North Carolina’s competitive cost of doing business, access to a skilled talent pipeline, and robust infrastructure including major interstates and the Raleigh-Durham International Airport. Beyond business advantages, Central North Carolina offers an exceptional quality of life with affordable housing costs, access to quality education and health care, a mild four-season climate, and easy access to both the Blue Ridge Mountains and the Atlantic coastline.
This region is the state’s commercial activity hub. Fintech and corporate operations thrive in Charlotte, while the Triangle has the nation’s largest research park, and the Piedmont Triad has established textile and aerospace manufacturing clusters.
There is no shortage of talent coming from this region’s 29 universities. They’re producing groundbreaking research, spinning out successful startups, and are the center of patent activity and venture capital investment in North Carolina.
Travel anywhere in the world conveniently via the Piedmont region’s airports. Charlotte Douglas International Airport is the seventh busiest airport in the world, while airports in the Raleigh-Durham area and Greensboro offer nonstop service to 70 destinations.
North Carolina’s 13 Fortune 500 HQs, including Lowe’s, Bank of America, and Honeywell, reside in this region. Companies such as Apple, Google, Credit Karma, and USAA have corporate hubs here due to the talent supply and low cost of doing business.
This dynamic region is home to multiple lake communities, quaint towns and North Carolina’s largest city, which makes it easy to call it home.
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Perfectly located between the mountains and the coast, this region offers affordable housing and growing job opportunities in the heart of the state.
Home to world-famous golf courses, this region offers a mix of rural and small-town living, boasts excellent healthcare and is centrally located between the state’s two largest cities.
As one of the fastest growing areas in the nation, this region, which includes the state’s capital, is home to three tier-one research universities and the #1 city for millennials.
Central North Carolina boasts a diverse economy with several prominent industry clusters driving growth and innovation. Charlotte has emerged as the nation’s second-largest banking center, home to major fintech companies and Fortune 500 corporate headquarters including Bank of America and Lowe’s. The Research Triangle (Raleigh, Durham, and Chapel Hill) anchors the life sciences, biotechnology, and information technology sectors, supported by Research Triangle Park—the largest research park in North America—with over 300 companies.
The Piedmont Triad (Greensboro, Winston-Salem, and High Point) leads in advanced manufacturing, aerospace, logistics, and furniture production, leveraging its textile manufacturing heritage. Additional thriving sectors across the Piedmont include healthcare, pharmaceuticals, clean energy, data centers, and professional services, all supported by the region’s concentration of research universities and skilled workforce.
Finding the perfect site in Central North Carolina is easy with the Economic Development Partnership of North Carolina (EDPNC). Search our comprehensive database of available properties on our site selection website. Our interactive search tools allow you to filter by property size, building specifications, transportation access, utility infrastructure, and proximity to workforce and suppliers.
Contact our team to learn more about site options and schedule a site visit.
Central North Carolina, often known as the Piedmont Region, offers a high quality of life defined by affordability, economic opportunity, and lifestyle balance. Residents benefit from a lower cost of living compared with many US markets, including affordable housing costs, with Charlotte ranked the 3rd best housing market for buyers in 2026.
They also gain access to strong job markets in industries such as advanced manufacturing, finance, technology, healthcare, and research, and Raleigh has repeatedly been named the #1 city in the nation for recent college graduates. The region’s mild four-season climate supports year-round outdoor recreation, complemented by vibrant cities, cultural attractions, parks, and sports. Its central location places both the Blue Ridge Mountains and the Atlantic coast within a few hours’ drive, making Central North Carolina an attractive place to live, work, and raise a family.
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Wolfspeed, a global leader in silicon carbide semiconductor manufacturing, announced that it has chosen Siler City,...
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Largest manufacturing workforce in the Southeast & the lowest corporate income tax in the US. No wonder North Carolina is where businesses thrive.
CONCORD, N.C. – JAN. 31, 2022 – Eli Lilly and Company, a global health care leader,...