Popular Searches
The Economic Development Partnership of North Carolina released a new white paper today entitled Building for the Future: How North Carolina’s Infrastructure Powers Business Growth.
This white paper, which was produced in partnership with Parker Poe, explores how the state’s investments in infrastructure are positioning companies for long-term economic success.
“North Carolina has been intentional about building the infrastructure needed to move goods and people with efficiency,” said Christopher Chung, CEO of the EDPNC. “Dependable infrastructure – world-class airports, thousands of miles of rail line, connected road networks, and intermodal coastal ports – rarely generates attention-grabbing headlines, but these assets are foundational to the economic boom taking place across our state.”
The white paper explores several areas that give North Carolina an infrastructure advantage when attracting new companies, including:
- Product Availability: The North Carolina General Assembly has allocated more than $115 million in recent years to shovel-ready site programs as speed-to-market takes on greater importance in the site selection process.
- Roadway Advantage: Not only is the amount of roadway in North Carolina robust – more than 80,000 miles run through the state – but 88% of the roads are rated as good or fair by the Bureau of Transportation Statistics, which ranks above several other peer states.
- Cold Chain Capabilities: North Carolina offers best-in-class cold chain solutions, and work is underway to expand these capabilities. A supply chain company is building a new temperature-controlled logistics hub in Wilmington to complement a facility in Shannon, Ireland, creating a direct life sciences link between North Carolina and Europe.
A digital copy of Building for the Future: How North Carolina’s Infrastructure Powers Business Growth can be downloaded here.
About the Economic Development Partnership of North Carolina
The Economic Development Partnership of North Carolina (EDPNC) is a private nonprofit corporation that serves as North Carolina’s statewide economic development organization. Governed by an 18-member board of business and industry leaders from across the state, the EDPNC focuses on business and job recruitment, existing industry support, international trade, tourism and film marketing. The EDPNC, which operates under contract with the North Carolina Department of Commerce, works closely with public- and private-sector partners at the state, regional and local levels. To learn more, visit www.edpnc.com.
About Parker Poe
Businesses and local governments turn to Parker Poe to structure transactions, navigate regulations, and resolve disputes. Founded in 1884, the Southeast business law firm today has over 300 attorneys across offices in Charlotte and Raleigh, North Carolina; Charleston, Columbia, Greenville, and Spartanburg, South Carolina; Atlanta, Georgia; and Washington, DC.