News and Announcements
Winston-Salem Property Developer Unveils Plans for $8 Million Spec Building at Pender Commerce Park
February 10, 2020
Taylor Development Group Will Partner with Cape Fear Commercial in 126,360-sq.-ft. Industrial Space
February 10, 2020 (Wilmington, N.C.) - Pender Commerce Partners 1, LLC (Ramm Capital Partners, LLC and Taylor Development Group, LLC) will invest $8+ million in a 126,360-sq-ft. speculative building at the fast-growing Pender Commerce Park. The Winston-Salem-based developer closed on the 15-acre property today. The move comes around two months after Pender County joined officials from India’s Polyhose in announcing plans for ... Continue Reading
Longtime WBD Staffer Billy King Retires
January 29, 2020
As Director of Business Development at Wilmington Business Development since 2008, Billy King has been a familiar presence in Southeastern North Carolina business circles. But many recall Billy’s economic development leadership role much earlier, in a career that took him from BellSouth to UNC Wilmington. Billy’s retirement from WBD at the end of 2019 drew praise and reminiscences from all over.
“Billy brought maturity, seasoning and dedication to WBD, and we will miss him,” says CEO Scott Satterfield. “He ... Continue Reading
Coastal Beverage Finalizes New Home at Pender Commerce Park
Coastal Beverage Company has completed its move to Pender Commerce Park. The company, a leading distributor of wine, beer and other beverages, announced its selection of a 27.7 parcel there in February 2018. Its $10 million facility serves as its company headquarters and distribution center.
The building’s amenities include a hospitality suite and employee fitness center. Governor Roy Cooper and other dignitaries toured Coastal Beverage’s 162,000-sq.-ft. facility in November after announcing the arrival of Polyhose.
Founded in ... Continue Reading
US 421 Corridor Advances with Water and Sewer Infrastructure Completion
Greater Wilmington’s capacity to accommodate modern industry took a major step forward in December with the completion of $15.5 million in water and sewer infrastructure along US Highway 421. The US 421 Water and Wastewater Utilities Expansion Project extended water and wastewater services to nearly 1,000 developable acres from the Isabel Holmes Bridge to the Pender County line.
Construction began on the project in March 2018. Its benefits include water services for fire protection system and ... Continue Reading
Blue Clay Road Site Selected for Duke Energy Site Readiness Program
An undeveloped 120-acre property owned by New Hanover County is set to benefit from participation in Duke Energy’s Site Readiness Program. The Blue Clay Road site is about 4.5 miles from I-40, adjacent to a CSX rail line and within easy access to both Wilmington International Airport and the Port of Wilmington. The property is one of five in North Carolina selected for the program this year.
“Identifying and improving sites for future economic growth is ... Continue Reading
INDIA’S POLYHOSE WILL INVEST NEARLY $8 MILLION AT PENDER COMMERCE PARK, CREATE 51 JOBS
November 27, 2019
Global Provider of Industrial Hoses and Fittings Will Establish its First North American Logistics Outpost
November 26, 2019 (Elizabethtown, N.C. and Wilmington, N.C.) - Polyhose Inc., the U.S. unit of Polyhose India Private Limited, plans to establish its first North American industrial facility at Pender Commerce Park. Its initial Phase One plan is for a 40,000-sq.-ft. build-to-suit assembly and logistics space that will employ 51 workers. Officials of the company and its parent, which is based ... Continue Reading
SOUTH-TEK SYSTEMS SET TO TAKE ADDITIONAL SPACE AS PART OF MAJOR GLOBAL EXPANSION EFFORT
October 14, 2019
A Year After Acquisition by Private Equity Group, Company Operations Will Relocate to Vacant Property on US 421
October 14, 2019 (Wilmington, N.C.) South-Tek Systems LLC, a leading designer and manufacturer of nitrogen generators for a diversified worldwide marketplace, will move into an existing 66,000-sq.-ft. building on US Highway 421 in Wilmington as part of an enhanced growth strategy that includes additional hiring and new products. Established in Wilmington in 1997, the company was privately held ... Continue Reading
TIM MILAM NAMED 2019 CAMERON MANAGEMENT ALLY OF THE YEAR
October 11, 2019
Tim Milam Receives Top Honors at WBD’s Annual Meeting
October 11, 2019 (Wilmington, N.C.)
Tim Milam, President of Coldwell Banker Sea Coast Advantage is the winner of the Cameron Management Ally of the Year Award for 2019. The honor was presented Tuesday night at the Annual Meeting of Wilmington Business Development, which sponsors the award. Sea Coast is among the state’s largest residential real estate businesses, employing hundreds of agents and support staff across numerous offices ... Continue Reading
UNCW Among Top 100 Public National Universities in Latest U.S. News & World Report Rankings
September 10, 2019
The University of North Carolina Wilmington ranks 92nd among Top Public National Universities, according to U.S. News & World Report, tying with Ohio University and the University of Houston. The U.S. News’ Best Colleges 2020 guidebook represents the first time UNCW has been included in the national category since receiving the elevated designation of “Doctoral Universities: High Research Activity” institution from the Carnegie Classification of Institutions of Higher Education. In previous years, U.S. News included ... Continue Reading
ACME Smoked Fish Corp. Recognized as a North Carolina Star Site by OSHA
June 24, 2019
WILMINGTON, NORTH CAROLINA SMOKED FISH FACILITY AWARDED STATE’S HIGHEST SAFETY HONOR
Acme Smoked Fish Corp. announced today that the company’s Wilmington smoked fish facility will be recognized as a North Carolina Safety Site from the Occupational Safety and Health Administration. The Carolina Star Program – which is equivalent to the federal Voluntary Protection Program (VPP) Star certification, is designed to recognize employers and employees who have implemented effective safety and health management systems. Acme will be ... Continue Reading
