Economic Development Partnership Of North Carolina Inc

The edpnc offers another specialized service to north carolina companies: assisting them to enter foreign markets and expand their international sales. In fiscal year 2024, the edpnc's international trade managers and foreign offices provided export assistance to 520 companies, including 102 minority- and/or women-owned companies. The assistance included providing market intelligence and strategies, product analysis, distributor searches, localization of websites and marketing materials, and support at trade shows and trade missions.

In fiscal year 2024, the edpnc, working in tandem with local and state partners including the governor's office, the n.c. Department of commerce, and local economic development organizations, helped close deals on 120 business recruitment and expansion projects resulting in the announcement of 13,888 new jobs in north carolina and $10.5 billion in investment. Notable project announcements include epsilon advanced materials' new synthetic graphite manufacturing facility outside of wilmington. The company announced it would invest $649.9 million and will create 500 new jobs in brunswick county. Also announced were schott pharma's 401-job, $371 million manufacturing facility in wilson county; vietnamese solar technology company boviet solar's 908-job, $294 million solar panel manufacturing facility in pitt county; japanese lithium-ion battery pouch manufacturer dai nippon printing company's 352-job, $233 million advanced manufacturing facility in davidson county; and japanese pharmaceutical company kyowa kirin's 102-job, $200 million manufacturing complex in lee county. The state ranks each of north carolina's 100 counties based on economic well-being, with a tier 1 county the most distressed, tier 2 in the middle, and tier 3 the least distressed. Eighty-four of the 120 business recruitment and expansion deals occurred in tier 1 and 2 counties, and those projects are expected to create 7,822 new jobs and over $3.56 billion in investment.in response to the state's continued business recruitment successes, the megasite readiness program and selectsite readiness program were created to develop new industrial sites aimed at attracting major manufacturing employers. Edpnc is leading these efforts on the state's behalf, and in fy2024 developed program guidelines and an application portal for the new grant programs. Edpnc, in partnership with the site selection group (ssg) and thomas & hutton, also completed a statewide study that identified 15 sites for development under the selectsite program.