Economic Development

Site Selection

Rock Hill misses out on $200M project from Japanese pharmaceutical company Kyowa Kirin

A Japanese life sciences company has selected a North Carolina city for its new pharmaceutical manufacturing complex — a $200 million investment that

Infrastructure

NC lawmakers Tim Moore, Phil Berger see roads as top priority for Charlotte transportation plan

Charlotte business leaders heard yesterday from the state’s top two lawmakers on a range of issues, with closest attention paid to their

Energy

Dominion receives final federal approvals for $9.8B wind farm off Virginia’s coast

Richmond’s Dominion Energy Inc. (NYSE: D) said Tuesday it had received the final two federal approvals it needed to begin construction on

Defense

San Francisco defense intelligence firm relocates to Virginia

DataShapes, a signals and waveforms intelligence company, is making a big move to Virginia. The San Francisco firm on Tuesday said it

Manufacturing

Lego delays the start of production at forthcoming $1B Virginia factory

Lego Group said Thursday production at its forthcoming $1 billion Richmond-area manufacturing facility would begin in 2027, about a year later than initially

Virginia

Youngkin’s focus on Virginia wins praise from unlikely source: Democrats

RICHMOND — Gov. Glenn Youngkin (R), who spent the first two years of his administration hammering national hot-button issues such as critical

Workforce Development

McMaster discusses workforce readiness at first Economic Growth Summit

The South Carolina Department of Commerce held its first economic development summit Monday, and workforce readiness was at the forefront of issues as thousands

Aerospace

Firm acquires North Alabama industrial facility, eyes aerospace hub

MUSCLE SHOALS, Alabama — AE Industrial Partners (AEI), a private equity firm specializing in aerospace, national security and industrial services, today announced that its

Energy

Duke Energy provides resource plan update to South Carolina regulators that reflects state’s booming population, economy

GREENVILLE, S.C., Jan. 31, 2024 /PRNewswire/ — From population growth to the expansion of manufacturing and other major economic development wins, South Carolina is booming. According

Infrastructure

Georgia wanted to attract more data centers. Now it needs more power

Last fall, the state’s largest electric utility — Georgia Power — came to regulators with a surprising request. Just months after placing

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