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News and Announcements

NORTH CAROLINA PORTS, CSX TO COMMENCE QUEEN CITY EXPRESS

Announcement, Member Events, Member News, Member News & Events, News | July 20, 2017
JULY 20, 2017 Wilmington, N.C. – North Carolina Ports and CSX will commence a daily, intermodal rail service between Wilmington and Charlotte starting July 28, 2017. This double stacked train, dubbed the Queen City Express, marks the official return of intermodal rail to North Carolina Ports. "The Queen City Express provides premier rail service over competing ports for existing and future container customers in one of the most significant economic centers in the Southeastern United States," said Executive Director, Paul J. ...

Mojotone Closes on Pender Shell Building, Expands Product Line and Workforce

Announcement, Member Events, Member News, Member News & Events, News |
Mojotone LLC has closed on its purchase of a 40,000-square-foot shell building in Burgaw that will accommodate an expanded product line. “We should be in the building by September,” says Michael McWhorter, the company’s co-owner. The Burgaw firm makes amplifiers, sound system cabinetry and components for electric guitars. It will vacate three buildings it has occupied since arriving in Pender County in 2005. Mojotone’s move facilitates a consolidation into a building that can accommodate future growth. “Our current three buildings are ...

2017 WBD Golf Tournament Draws 41 Teams

Member Events, Member News, Member News & Events, News |
With its moss-draped trees and immaculate landscaping, River Landing provides an ideal backdrop for golf anytime. But add in friends, colleagues, a festive atmosphere and a worthwhile cause, and you have the ingredients of a top-notch annual business golf event. That was the case on May 17th at the annual WBD Golf Tournament, where 123 players gathered to compete across 41 teams. “WBD’s golf tournament has become an occasion that business leaders across our region look forward to year-round,” says Dickson ...

I-140 Completion Spells Opportunity for Professional Builders Supply

Member Events, Member News, Member News & Events, News |
Some employees of Professional Builders Supply weren’t happy when an NC DOT project prompted the company to vacate its longtime location on Military Cutoff Road. “It was convenient for some of our people,” says Troy Wilkerson, Wilmington Market President for the company, which supplies residential construction products across Brunswick, New Hanover, Onslow and Pender counties. “But ultimately, we’ve ended up with a new, bigger facility and logistically it’s going to work out for the better,” says Wilkerson. The company’s new location ...

WBD Hosts Location Advisers During Wells Fargo Championship

Announcement, Member Events, Member News, Member News & Events, News |
David Schrock, a Dallas-based site selection consultant, is not much of a golfer. But when he received an invitation to travel to Wilmington and attend the Wells Fargo Championship, he couldn’t pass up the offer. “I had been to North Carolina before, but never Wilmington,” says Schrock, who is senior director of NAI Global’s site selection practice. Schrock spent three days at the Eagle Point event, where WBD had a hospitality tent that served as an oasis for invited guests, allies, ...

Wells Fargo Championship Showcases Greater Wilmington to the World

Announcement, Member Events, Member News, Member News & Events, News |
The Wells Fargo Championship, held in early May at Eagle Point Golf Club, offered pro golfers a look at one of Wilmington’s premiere courses. But the event, which was broadcast in 32 languages to 225 countries around the world, was also a unique showcase for Greater Wilmington as a destination for businesses and people. Some 20 million viewers watched the event on television. “The amount of national and international coverage is something you just can’t buy,” says Kym Hougham, executive director ...

New Chamber CEO Natalie English Brings Advocacy Expertise and Partnership Ethos

Announcement, Member Events, Member News, Member News & Events, News |
A 30-year career in legislative and regulatory affairs has laid the groundwork for Natalie English to be an effective advocate for Greater Wilmington’s business community. In March, English assumed her new duties as president and CEO of the Wilmington Chamber of Commerce. “I’ve been in the chamber business a lot of years,” English says. “It works best when we all come together as partners.” English comes to Wilmington from the Charlotte Chamber of Commerce, where she served as senior vice president. While ...

NORTH CAROLINA PORTS, ZIM PARTNERSHIP TO PROVIDE UNPRECEDENTED ACCESS TO SOUTHEAST ASIA

Member Events, Member News, Member News & Events, News | March 20, 2017
MARCH 20, 2017 Wilmington, N.C. – North Carolina Ports is pleased to announce a new partnership with ZIM Integrated Shipping Ltd. The container carrier recently added the Port of Wilmington to its Z7S all-water Asia-U.S. East Coast service rotation. This weekly service will begin calling on the port in June and provides unprecedented access to major markets in South China, Southeast Asia and India Subcontinent. "This ZIM service will support legacy apparel, furniture and hardware industries throughout the Carolinas," said Executive ...

NORTH CAROLINA PORTS ATTRACTS ADDITIONAL TRANSPACIFIC CONTAINER SERVICE

Member Events, Member News, Member News & Events, News | March 15, 2017
MARCH 14, 2017 Wilmington, N.C. – North Carolina Ports is pleased to announce a new partnership with THE Alliance with the addition of the EC2 all-water Asia-U.S. East Coast container service. This weekly service will begin calling on the Port of Wilmington in May and touts some of the largest vessels that will consistently come to and leave from the Carolinas. "Our comprehensive port coverage continues to improve at North Carolina Ports," said Executive Director, Paul J. Cozza. "This new ...

NORTH CAROLINA PORTS ADDS ANOTHER TRANSATLANTIC SERVICE

Member Events, Member News, Member News & Events, News | March 2, 2017
FEBRUARY 23, 2017  Wilmington, N.C. – North Carolina Ports is pleased to announce another new partnership with Mediterranean Shipping Company (MSC) and Maersk Line with the addition of the TA2/NEUATL2 Europe-U.S. East Coast container service. The enhanced TA2/NEUATL2 service will provide unprecedented access between Bremerhaven, Felixstowe, Le Harve and Wilmington, North Carolina. “An optimized transatlantic trade network allows us to align our services with North Carolina’s business needs,” said Executive Director, Paul J. Cozza. “As we continue to invest in our facilities ...

Container rail service to Port of Wilmington could start in March

Member Events, Member News, Member News & Events, News | February 3, 2017
By Tim Buckland StarNews Staff SOUTHEASTERN N.C. -- The "Queen City Express," delivering freight directly from the Port of Wilmington to a transportation hub in Charlotte, could begin in early March, officials said. "That's what we're targeting for," said Paul Worley, director of the N.C. Rail Division. The weekly run of freight cars was announced in July by former Gov. Pat McCrory in a ceremony at the Port of Wilmington. Worley said the trains will carry 100 cargo containers "double-stacked." "It will be the ...

Wilmington International Airport Has Record Year

Member Events, Member News, Member News & Events, News | January 18, 2017
Posted on January 10, 2017 by flyilm Passenger Count Highest Since 2010 The Wilmington International Airport (ILM) served 817,896 passengers in 2016; setting a new record.  When compared to 2015, passenger enplanements were up 6.6% (25,365) and deplanements were up 5.9% (22,722) year over year.  The prior record for total passengers served was back in 2010, when ILM served 799,710 passengers. Revenue Passengers Served*: Year Enplanements Deplanements Total 2016 411,399 406,497 817,896 2015 386,034 383,775 769,809 *Revenue Passengers include those that purchased a ticket. Additional non-revenue passengers, not included in these figures, may include ...

INFRASTRUCTURE INVESTMENTS CONTINUE AT NORTH CAROLINA PORTS, ADDITIONAL CRANES

Member Events, Member News, Member News & Events, News | January 9, 2017
JANUARY 9, 2017 Wilmington, N.C. – As part of its ongoing infrastructure investment plan, North Carolina Ports has ordered two New Panamax ship-to-shore cranes with an option to purchase two more from designer Shanghai Zhenjua Heavy Industry Co., Ltd. (ZPMC). Counting the new cranes and options, the Port of Wilmington will potentially feature a total of 10 container cranes that will operate over a 2,650 ft. New Panamax container berth complex. "This investment ensures that our best-in-class efficiencies will continue well into ...

ENVIVA BEGINS EXPORTS AT PORT OF WILMINGTON

Member Events, Member News, Member News & Events, News | December 22, 2016
DECEMBER 22, 2016 Wilmington, N.C. – The Enviva wood pellet domes at the Port of Wilmington are operational and loading the first export shipment to Europe this week. The Enviva terminal, which includes two storage domes that can hold up to 45,000 metric tons of wood pellets each, is estimated to have a total impact on the local economy of more than $16 million per year and ship more than 1 million tons of pellets annually. "The Port of Wilmington is a ...

Jobs Up, Unemployment Rate Down in Greater Wilmington

Member Events, Member News, Member News & Events, News | December 15, 2016
Recent employment figures show a regional economy that is now surpassing its performance prior to the “Great Recession.” Figures released by the N.C. Department of Commerce for September 2016 put the Wilmington MSA’s unemployment rate at 4.5% -- below the 4.7% rate for North Carolina overall and the 5% weighted national average that month. But percentages alone do not tell the full story of the region’s job growth in the past eight years. Figures indicate that a total of 136,159 were employed ...

Chelsea Ash Receives Corning-WBD STEM Teaching Award

Member Events, Member News, Member News & Events, News |
Chelsea Ash, a science teacher at Heidi Trask High School in Pender County, is the winner of the Corning-WBD Award for Excellence in STEM Teaching for 2016. Bob Trapp, Engineering Standards Manager at Corning Incorporated, presented the award at WBD’s annual membership meeting on October 11th. “In the classroom, [Ash] uses history and literature to illustrate the impact that STEM has in the real world,” said Trapp. “Laboratories that teach half-life by demonstrating how short the half-life of M&Ms are help ...

Manufacturing’s Outsized Impact

Member Events, Member News, Member News & Events, News |
Since its founding in 1956, WBD has pursued diversification as a central theme in its economic development strategy. The vision has been a winner, with our region’s economy featuring a balanced blend of finance, logistics, headquarters, biotech, retail, healthcare and other industries. Like North Carolina as a whole, manufacturing has long been at the heart of our region’s economy. Companies that make things have always had a valued place here, and that’s not just because of the more than 13,300 good ...

Annual Meeting Celebrates WBD at 60

Member Events, Member News, Member News & Events, News |
About 170 members, allies and special guests gathered on October 11th to celebrate the 60th anniversary of the founding of Wilmington Business Development. The event, held in conjunction with the organization’s annual membership meeting, took place this year at the Louise Wells Cameron Art Museum. “This year marks the 60th anniversary of the founding of this unique organization,” said Chairman Dickson McLean. “We decided to organize this year’s meeting in a slightly different format than what we’re used to.” The organization’s staying ...

Port of Wilmington Cold Storage Offers Ag Industry Many Benefits as First In-Port Cold Storage Facility in North Carolina

Member Events, Member News, Member News & Events, News | December 13, 2016
Press Release provided by Talk, Inc. Wilmington, N.C. – The temperatures inside Port of Wilmington Cold Storage (PWCS) may be below freezing, but the demand for cold storage in North Carolina is red hot. PWCS is a new, 101,000 square foot refrigerated warehouse used to maintain specific temperatures for the storage of perishable goods, such as fruits, vegetables and proteins. The warehouse is located within the gates at the Port of Wilmington and is not only the first in-port cold storage facility ...

PORT OF WILMINGTON TOUTS NEW ASIA CONTAINER SERVICE CONNECTION

Announcement, Member Events, Member News, Member News & Events, News | November 1, 2016
FOR IMMEDIATE RELEASE OCTOBER 31, 2016 INFORMATION: Cliff Pyron Senior Manager, External Affairs (910) 343-6492 cliff.pyron@ncports.com   PORT OF WILMINGTON TOUTS NEW ASIA CONTAINER SERVICE CONNECTION Wilmington, N.C. – North Carolina Ports is pleased to announce a new partnership with Mediterranean Shipping Company (MSC) and Maersk Line with the addition of the TP10/Amberjack all-water Asia-U.S. East Coast container service. The enhanced TP10/Amberjack service consists of ten Panamax 4,300-5,100 TEU ships and commenced in early October at the Port of Wilmington with the arrival of the SeaLand Lightning. "North Carolina ...

Four County EMC Wins First-Ever WBD Ally of the Year Award

Announcement, Member Events, Member News, Member News & Events, News | October 28, 2016
Four County Electric Membership Corporation (EMC) has been named 2016 Ally of the Year by Wilmington Business Development (WBD). The first-ever award from WBD is co-sponsored by Cameron Management Company. “The Ally of the Year Award showcases the exceptional leadership behind our region’s economic development success,” said Scott Satterfield, WBD’s chief executive officer. Satterfield presented the award to Jimmy Smith, Director of Economic and Community Development, for Four County EMC at the WBD 60th anniversary celebration held at the Cameron Art ...

Wilmington region sees high job growth

Announcement, Member Events, Member News, Member News & Events, News |
Southeastern North Carolina counties net high percentages of job creation. By Ashley Morris StarNews Staff SOUTHEASTERN, N.C. -- Terry Greenlaw relocated from Atlanta to Wilmington last year to serve as the chief technology officer at CastleBranch. He brought his family with him. And he brought four other colleagues with him to Wilmington. The gig at CastleBranch was a totally unexpected opportunity for Greenlaw, who initially came to Wilmington for a two-day consulting job. But then he fell in love with the company, the community, ...

Local area included in expanded foreign trade zone

Announcement, Member Events, Member News, Member News & Events, News | September 20, 2016
Tuesday, September 20th 2016, 10:00 am EDTTuesday, September 20th 2016, 10:00 am EDTBy: WECT StaffEmail Connectnewsroom@wect.com Southeastern North Carolina has received approval to expand Foreign-Trade Zone 214, Governor Pat McCrory announced Tuesday. (Source: WECT) SOUTHEASTERN NORTH CAROLINA (WECT) - Southeastern North Carolina has received approval to expand Foreign-Trade Zone 214, Governor Pat McCrory announced Tuesday New Hanover, Brunswick, Pender, Bladen and Columbus counties are among the 22 counties in the expanded area. According to officials, the expansion of the trade zone will make "the region ...

NORTH CAROLINA PORTS COMPLETES TURNING BASIN PROJECT, WELCOMES 8,200 TEU VESSEL TO WILMINGTON

Announcement, Member Events, Member News, Member News & Events, News | August 8, 2016
Wilmington, N.C. – As part of its ongoing infrastructure investment plan, North Carolina Ports has completed the expansion project of its turning basin at the Port of Wilmington. The expansion allows the port to accommodate post-Panamax vessels with a length of 1,150 feet (350.52 meters) and a breadth of 158 feet (48.16 meters). On August 7, 2016 the Yang-Ming Unity became the largest vessel to utilize the expanded turning basin and call the Port of Wilmington. "This is an incredible ...

North Carolina Ports Welcomes Largest-Ever Containership to the Port of Wilmington

Announcement, Member Events, Member News, Member News & Events, News | July 21, 2016
Wilmington, N.C. – Building upon Governor Pat McCrory’s efforts to increase trade and promote economic growth at our state ports, North Carolina officials welcomed the largest containership to visit the Port of Wilmington. The Hanjin Baltimore, measuring 984 feet in length and 140 feet in width, is the first of many post-Panamax vessels to be served at the recently updated container port in North Carolina. "Our state ports are an important asset for creating jobs and connecting North Carolinians ...

New Direct Intermodal Rail Service to Connect Port of Wilmington and Charlotte

Announcement, Member Events, Member News, Member News & Events, News | July 20, 2016
New Direct Intermodal Rail Service to Connect Port of Wilmington and Charlotte Wilmington, N.C. - Governor Pat McCrory joined officials from the N.C. Transportation Department and CSX Corporation today at the Port of Wilmington to announce the debut of the new Queen City Express, an intermodal rail service between the Port of Wilmington and CSX’s intermodal terminal in Charlotte. The term “intermodal” refers to the combining of at least two modes of transportation, such as trains, trucks and ships, to deliver goods. “The ...

Empire Distributors Breaks Ground at Pender Commerce Park

Announcement, Member Events, Member News, Member News & Events, News | July 5, 2016
Empire Distributors of North Carolina broke ground on its approximately 175,000-sq.-ft. distribution facility in March, setting the stage for a state-of-the-art facility that will be operating later this year. “We want to be in the building by October and operational soon thereafter,” says Jay McGrady, plant manager for Empire Distributors, which distributes beer, wine and other beverages across the region. A unit of McLane Company, Inc., Empire closed on the acquisition of 18 acres at Pender Commerce Park in late 2015. ...

AAI Becomes Alcami, Nears Groundbreaking on Expansion

Announcement, Member Events, Member News, Member News & Events, News |
Just six months ago, AAI and its sister company Cambridge Major Labs (CML) announced a $20 million expansion to its lab and headquarters operations in Wilmington. Today, as that initiative moves forward, the global contract development and manufacturing organization has emerged with a new brand identity and name: Alcami. AAI, whose presence in Wilmington reached back three decades, joined with CML in late 2013. The combined company also has a location in Durham, as well as sites in South Carolina, New ...

Momentum Builds for Infrastructure Initiative Along Highway 421

Announcement, Member Events, Member News, Member News & Events, News |
The March 15th passage by North Carolina voters of a $2 billion bond package could help facilitate the construction of water and wastewater service along U.S. Highway 421, a key industrial corridor with lucrative job-creation potential. While New Hanover County is not directly eligible for “Connect NC” funds, the Cape Fear Public Utility Authority (CFPUA) has made application with the state for grants and low-interest loans that can help with infrastructure for the corridor. Should the funds be approved, the CFPUA ...

14th Annual Membership Invitational Draws 48 Teams

Announcement, Member Events, Member News, Member News & Events, News |
The 14th Annual Verizon Invitational drew 48 teams, a new record for the golf event. Some 144 players gathered at River Landing on May 18th to show their support for economic development in the region. In addition to raising funds to support WBD’s global marketing and promotional mission, the event provides valuable opportunities for informal networking, fellowship and fun. “The annual golf event has become one of the highlights of Greater Wilmington’s business calendar,” says Dickson McLean, chairman ...

AT&T Expands Access to Gigabit Speeds to more Businesses in 20 North Carolina Markets

Announcement, Member Events, Member News, Member News & Events, News | June 30, 2016
RALEIGH, N.C., June 29, 2016 /PRNewswire/ -- AT&T1 is bringing gigabit internet speeds to even more businesses in 20 North Carolina markets. With AT&T Business Fiber, businesses can download and upload up 1 gigabit per second (Gbps).2 It's now available in these markets: • Apex • Davidson • Knightdale • Asheville • Garner • Morrisville • Burlington • Greensboro • Pineville • Cary • High Point • Raleigh • Chapel Hill • Hendersonville • Wilmington • Charlotte • Huntersville • Winston-Salem • Clemmons • Jamestown "For years, we have offered business customers gigabit connections, but through AT&T Business Fiber, we are speeding deployment of ...

Fiber Ready ILM Business Park

Announcement, Member News, Member News & Events, News | April 27, 2016
Click on links below to view Press Release and Video ILM Fiber Ready Video Press Release Fiber Ready ILM Business Park Press Release ILM Now Home to Nation’s First AT&T Fiber Ready International Airport Business Park With quick access to a deep-water port and top-notch aviation facility, ILM Business Park has unique advantages when it comes to connecting businesses to the global marketplace. But the park’s connectivity assets became even more impressive in April with a “Fiber Ready” designation by AT&T. The fiber is superior ...

Pender Commerce Park Becomes North Carolina’s First “AT&T Fiber Ready” Property

Member News & Events, News | December 7, 2015
Like access to talent and supply chains, high-speed telecommunications is a basic ingredient for global business success. That’s why Pender County leaders were proud to have one of their county’s premiere industrial properties receive a first-of-its-kind designation for broadband readiness from one of the nation’s leading telecommunications providers. In October, AT&T Corporation designated Pender Commerce Park as “Fiber Ready,” which offers potential corporate residents assurance that modern telecommunications infrastructure is available. The park was the first in North Carolina to receive ...

WBD Joins Partners and Allies in Hosting Consultant Outreach Tour

Member News & Events, News |
The global nature of today’s business world makes county limits irrelevant to most companies. That’s why WBD joined with economic development counterparts in Brunswick County, the NC Ports and The Southeastern Partnership in organizing a familiarization tour of the region for leading national site selection consultants. Such “Fam tours” were among the recommendations of the 2014 “Pathways to Prosperity” strategic plan by Garner Economics, LLC. Eleven consultants joined regional economic development and businesses leaders for event, held September 16-18, ...

WBD Joins Corning in Honoring Educational Innovation

Member News & Events, News |
  Kelly Crowley, a 3rd grade teacher at Wilmington’s Pine Valley Elementary School, is the 2015 recipient of the Corning – WBD Award for Excellence in STEM Education.  The award was given at the annual meeting of Wilmington Business Development on October 8th. “Mrs. Crowley builds interest and excitement about STEM by demonstrating that science and math are a part of almost everything we do,” said Bob Trapp, engineering standards manager at Corning, Inc., who presented the award. “From the chemistry of ...

Annual Meeting Highlights Private Equity Investing and More

Member News & Events, News |
The 2015 Annual Membership Meeting of Wilmington Business Development drew some 200 participants to the Burney Center at UNC Wilmington. Held the evening of October 8th, members and guests listened to a series of speakers share insight on economic development and business topics. Allen Thorpe, New York City-based managing director at Hellman & Friedman, LLC, delivered this year’s keynote address. Thorpe outlined current outcomes and expectations large private equity firms look for when investing in companies. His firm, one of the ...

AAIPHARMA/CAMBRIDGE MAJOR LABORATORIES LAUNCHES MAJOR EXPANSION AT ITS WILMINGTON LABS AND CORPORATE HQ

News | December 1, 2015
Growth of Life Sciences Adds Diversification to Region’s Economy November 20, 2015 (Wilmington, N.C.) – AAIPharma Services Corp./ Cambridge Major Laboratories, Inc. (AAIPharma/CML), the contract drug development and manufacturing provider, will invest $15.8 million in expanded lab operations and corporate headquarters space in Wilmington over the coming three years, Governor Pat McCrory announced today. The move will bring at least 37 new jobs to the Port City over the coming three years, with a total of 50 jobs and $20 ...

13TH ANNUAL VERIZON INVITATIONAL DRAWS RECORD PARTICIPATION

Member News & Events | June 30, 2015
1st Place:  Bill Harrington, Courtney Faircloth & Steve Gunn 2nd Place:  Steve Wilkinson, Bill Rhodes & Joel White 3rd Place:  Bob Cherry, Ned Murchison & Josh Goldstein 4th Place:  Tim Eldridge, Brian Rector & Tee Nunnelee (not pictured) Clear skies and comfortable breezes greeted participants of the thirteenth annual Verizon Invitational Golf Tournament, held May 13th at River Landing Country Club in Wallace. Forty-six teams competed in this year’s event, which featured golf on Clyde Johnston-designed courses, food, beverages and business camaraderie. Jerry Fountain, ...

EXISTING INDUSTRIES THE LIFEBLOOD OF ECONOMIC DEVELOPMENT

News |
Nationally, some 42 percent of job creation in a given community comes via expansions and growth of companies already there, according to a 2011 report by the Brookings Institute. Since its founding in 1956, Wilmington Business Development has supported existing industry as a cornerstone for the region’s economic strategy. Along with our product and infrastructure development programs and corporate recruitment activities, WBD’s support for existing industry is systematic, ongoing and results-oriented. Regular site visits and dialogue with facility managers and business ...

TRI-COUNTY COLLABORATION SHARPENS GLOBAL MARKETING

News |
In today’s free-flowing global economy, business leaders have little concern for city limits and county lines. Today’s executives care more about access to adequate transportation systems, reliable utilities and abundant talent in drawing conclusions about the quality of a business destination. That’s why earlier this year Wilmington Business Development (WBD) joined with the Brunswick County Economic Development Commission and The Southeastern Partnership in launching the Wilmington Regional Marketing Initiative. The collaboration seeks to effectively and efficiently showcase regionally-oriented economic assets in Brunswick, ...

Empire Distributors Proposes Purchase of 15 Acres at Pender Commerce Park

News | May 12, 2015
  EMPIRE DISTRIBUTORS PROPOSES PURCHASE OF 15 ACRES AT PENDER COMMERCE PARK Looks to Build Distribution Center   May 12, 2015 (Wilmington, N.C.) – Just as Acme Smoked Fish Corporation ramps up production at its major new facility in Pender Commerce Park, a second tenant is now unveiling plans there for a 160,000-sq.ft. warehouse and distribution center. On Monday, the Pender County Board of Commissions approved the proposed sale of 15 acres at the park to Empire Distributors of North Carolina, Inc. The company ...

The 2nd-best U.S. city to start a business is in N.C.

News | April 29, 2015
TRIANGLE BUSINESS JOURNAL                                                                                                                                                   Apr 29, 2015 Rebecca Troyer Managing Editor-Triangle ...

Economic Impact Data Affirms WBD Results

Member News & Events | December 18, 2014
Greater Wilmington’s recent run of company expansions and relocations has real meaning in terms of job opportunities, business activity and funding streams for vital local government services. From March 2013 through September 2014, WBD’s project management efforts resulted in the announced creation of 835 new jobs and more than $200 million in annual payroll, according to an analysis by Dr. William “Woody” Hall, senior economist at UNC Wilmington’s Swain Center for Economic and Business Services. Hall assessed the aggregate impact ...

2014 Annual Meeting Highlights

Member News & Events |
Over 200 WBD members and guests attended the organization’s annual meeting on October 9th at UNC Wilmington’s Burney Center. The gathering included valuable networking among attendees, as well as an engaging line-up of speakers addressing a variety of important subjects. After watching a video that featured key business leaders, participants were welcomed by Dickson McLean, chairman of WBD. “The past year has been a very successful one,” he said, reviewing economic impact data from recent announcements. “Both ...

Corning/WBD STEM Educator of the Year Award

Member News & Events |
Michelle Hafey, who teaches 7th and 8th grade science at Penderlea School, has been named the Corning/WBD STEM Educator of the Year for 2014. Executives at Corning presented the award at last month’s annual membership meeting of Wilmington Business Development (WBD). “Michelle’s excellence in STEM teaching will ensure our students are ready to succeed in strengthening America’s role as the world’s engine of scientific discovery and innovation,” said Bob Trapp, a senior Corning engineer who spoke at the meeting. Hafey, who ...

Vertex Rail Technologies, LLC Will Employ Over 1300 at Tank Car Production Site in Wilmington

Announcement | November 14, 2014
VERTEX RAIL WILL EMPLOY OVER 1,300 AT TANK CAR PRODUCTION SITE IN WILMINGTON U.S. Energy Boom Fuels Company’s Plans at Former Terex Crane Facility November 13, 2014 (Wilmington, N.C.) – Vertex Rail Technologies, LLC, a manufacturer of railroad tank cars, will occupy the former Terex Crane facility on Raleigh Street in Wilmington that was once home to Terex Cranes. Vertex will make specialty tank cars designed to serve the booming U.S. energy market. The Massachusetts Company plans to invest $60 million at ...

HIGH-END SEAFOOD PROCESSOR UNVEILS PLANS TO BRING 120 JOBS TO PENDER COUNTY New York-Based Company Will Invest as much as $30 million at Pender Commerce Park

Announcement | October 18, 2013
October 18, 2013 – Wilmington, N.C. Global demand for nutrient-rich smoked fish is good news for the Pender County community of Currie, which will be the site of a new 100,000-square-foot seafood processing facility that will employ 120 workers. RC Creations, LLC, a unit of Brooklyn, New York-based Acme Smoked Fish Corporation, will invest nearly $30 million at Pender Commerce Park in an initiative announced today by the McCrory Administration, Pender County officials and leaders of Wilmington Business Development (WBD). "Our ...

Duke Energy to help prepare Pender County, N.C., location for potential industrial development

News | September 12, 2013
CHARLOTTE — Duke Energy Progress has chosen a 700-acre site located in both Pender and New Hanover counties to participate in the utility's 2013 Site Readiness Program to prepare the location for potential industrial development. For the next four months, the site will undergo a comprehensive assessment for its strengths for specific target industries. Duke Energy has hired McCallum Sweeney, a nationally known consulting firm, to conduct a site study. Land-use planners will create conceptual plans detailing the areas of the ...

GE Aviation Expansion at Castle Hayne Brings $63 Million in Economic Investment, 35 New Jobs

Announcement | June 9, 2013
Wilmington, N.C. - GE Aviation, a longtime industrial resident of Greater Wilmington, will launch a major expansion at its New Hanover County facility as part of a $195 million commitment the company is making at four of its sites in North Carolina. For Greater Wilmington, GE Aviation's move brings at least $63 million in new capital investment over the next five years and the creation of 35 high-paying jobs. Governor Pat McCrory joined GE executives and other state officials in making ...

Wilmington Firm to Base Global Headquarters Here in $10 Million Expansion

Announcement | March 1, 2013
March 1, 2013 – Wilmington, N.C. Castle Branch, Inc., already a major employer in Wilmington, will triple its 200-person corporate headquarters here under a nearly $10 million expansion plan being announced today by founder and CEO Brett Martin and top officials of the N.C. Department of Commerce. Joining them at the announcement are state legislators, county and municipal leaders, and officials of Wilmington Business Development (WBD). Proximity to UNC Wilmington along with supportive government officials here were central factors in the ...

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