News and Announcements

CAPE FEAR CREW NAMES WBD IMPACT AWARD WINNER

March 28, 2024
Wilmington Business Development was recently honored by Cape Fear CREW, a regional association of commercial real estate professionals. Cape Fear CREW’s 6th Annual Awards of Excellence, held in February, included an Impact Award for WBD. The Impact Award recognizes an individual or company that consistently exemplifies the traits of outstanding leadership in the commercial real estate industry and who has made a significant contribution to and has had a significant positive influence on the Cape Fear ... Continue Reading

PENDER COMMERCE PARK CONTINUES ATTRACTING INTEREST AND INVESTMENT


Pender Commerce Park has gained significant attention for its string of notable announcements, establishing itself as a prominent business hub in the State of North Carolina. The park now boasts an impressive portfolio, encompassing over one million square feet of industrial space, attracting over half a billion dollars in private capital investment and touting over 1,000 jobs. Among its notable investors since 2014 are leading global companies such as Amazon, Maersk, and The Home Depot. “Pender ... Continue Reading

LAND POSITIONS IN NEW HANOVER COUNTY PRIME FOR INDUSTRIAL GROWTH


When measured by land mass, New Hanover County is North Carolina’s second smallest county. At the same time, the county’s population is among the state’s fastest growing. In response, county leaders are looking into the future, gauging land needs for use by the companies and people of tomorrow. Strategic investments in acreage and infrastructure are readying sites for industrial operations. The vision is similar to the thinking and planning by Pender County leaders 20 years ago when conversations began with ... Continue Reading

POLYHOSE CONTINUES GROWING AT PENDER COMMERCE PARK

February 29, 2024
Indian Maker of Industrial Hoses and Fittings to Double Size of its Current Building February 29, 2024 (Wilmington, N.C.) – Polyhose Inc., the India-based manufacturer of industrial hoses and fittings, is set to double the size of its Greater Wilmington facility less than five years after establishing a U.S. outpost at Pender Commerce Park. Polyhose India Private Limited's U.S. division is set to commence Phase 2 of its expansion plan, continuing the strategy unveiled in late 2019. ... Continue Reading

CUSTOMERS BANK TO BECOME CORPORATE SPONSOR OF 2024 WBD MEMBERSHIP INVITATIONAL GOLF TOURNAMENT

February 27, 2024
Wilmington Business Development (WBD) is proud to announce its new corporate sponsor of the WBD Membership Invitational Golf Tournament – Customers Bank. Customers Bank, a leading community bank specializing in business services, is headquartered in Reading, Pennsylvania and continues to grow its presence in Wilmington. Already a Legacy Member of WBD, Customers Bank is enhancing its partnership by further supporting Southeastern North Carolina’s premier business golf event.   “This was an absolute no brainer for us,” said ... Continue Reading

PortCity to Introduce New Transload Solution on the Port of Wilmington’s Container Terminal

January 17, 2024
Courtesy-  NC Ports Wilmington, N.C. – PortCity will introduce a new transload solution on the Port of Wilmington’s Container Terminal. This new transload operation will be adjacent to the Port’s container berths and Neo-Panamax Cranes. One of the key benefits of this new service is the substantial efficiencies it will provide to customers. “By eliminating the off-port dray, this new on-terminal offering will increase efficiency and reduce the overall transportation expense for customers,” said Eric Howell, PortCity CEO. ... Continue Reading

ILM Sets New Annual Passenger Record – 21% increase over 2022 numbers

January 16, 2024
The official numbers are in, and ILM served 1,317,897 passengers in 2023. This figure is a new annual record, surpassing the prior record by over 21%. Throughout the year, ILM consistently broke records with eleven months of the year having the most enplanements ever recorded. In 2023, the airport received new service from Sun Country airlines as well as new nonstop routes from Avelo, American, and Delta. “We have a growing number of airlines and a ... Continue Reading

SANY AMERICA LEASES PROPERTY AT IRG’S WILMINGTON BUSINESS PARK

November 6, 2023
Heavy Equipment Manufacturer Will Establish Distribution and Warehouse Operations Near Port, Create +50 Jobs November 6, 2023 (Wilmington, N.C.) – SANY America Inc., the U.S. subsidiary of one of the world’s largest engineering-machinery manufacturers, is in the process of creating a North American warehouse and distribution presence in Wilmington. While the company won’t officially launch operations at Industrial Realty Group’s (“IRG”) facility until January, preparations are already underway regarding hiring for its regional staging equipment yard. ... Continue Reading

COASTAL MILLWORK SUPPLY TO EXPAND IN NEW HANOVER COUNTY

November 2, 2023
Local Millwork Supply Company will be the Second Tenant at Blue Clay Business Park November 2, 2023 (Wilmington, N.C.) – Coastal Millwork Supply Co. and its sister company, Risley Padula Construction Inc., closed today on their purchase of 5.5 acres at Blue Clay Business Park in New Hanover County. The two homegrown firms supply and install interior doors, trim, stair parts and cabinets to single- and multi-family residential builders in Greater Wilmington and other markets. The ... Continue Reading

Firm Buys 187 Acres To Expand Industrial Development

October 17, 2023
BY CECE NUNN, GWBJ - POSTED OCT 12, 2023 Developers bought 187 acres on U.S. 421 in Wilmington on Wednesday for a major expansion of one of their existing industrial projects. Edgewater Ventures, a commercial real estate investment company, purchased the property next to Wilmington Trade Center for $7.65 million from Invista. "The acquisition will expand Wilmington Trade Center to 212 acres and is master planned to provide up to 3.3 million square feet of Class A industrial facilities," a news ... Continue Reading