News and Announcements

Live Oak Bank to be Corporate Sponsor of WBD Invitational

July 8, 2025
Plans for WBD’s 2025 Invitational golf tournament are well underway, with 75 teams set to compete on October 16th at River Landing Country Club. Live Oak Bank will be the Corporate Sponsor of this year’s event, which forges fellowship among the region’s business leadership while raising funds to fuel Greater Wilmington’s marketing and recruitment programs. Longtime Wilmington banking leader Brad Neigel, head of Live Oak Bank’s Wilmington Commercial Banking Team, says the sponsorship is an important ... Continue Reading

Holly Shelter Road Property Dubbed Certified Site


Leveraging close collaboration with partners and allies, New Hanover County’s investment in approximately 300 acres off Holly Shelter Road is already yielding encouraging results. After extensive assessments of the land, Duke Energy and the Economic Development Partnership of North Carolina (EDPNC) have stated that it is well on the way to shovel-ready status, leading towards a full-throated marketing effort by local and state business recruiters, utility representatives and allied site-selection entities as infrastructure builds towards ... Continue Reading

Protocase Exceeds Expectations in Ramp-Up of Wilmington Operations


Barely a year after arriving in Wilmington, Canadian manufacturer Protocase is well ahead of initial estimates for establishing its first U.S. presence. Protocase and its subsidiaries launched the first phase of their U.S. expansion in the Port City with 5,100-sq.-ft. of office space at downtown Wilmington’s Skyline Center. Since then, the company has moved quickly to hire, secure production space and begin serving U.S. clients. Founded in 2001 and headquartered in Nova Scotia, Protocase is a ... Continue Reading

Wilmington Trade Center Breaks Ground On Next Phase

May 22, 2025
May 15, 2025 Credit: Wilmington Biz, Emma Dill The first phase of Wilmington Trade Center, a master planned industrial park on U.S. 421, recently wrapped up, while work on the next phase is now underway. Officials with project developer Edgewater Ventures and local leaders marked the progress with a groundbreaking event Thursday. The park’s 100,080-square-foot Building 3 was completed in the past few weeks, and leases for the building are under negotiation, said Chris Norvell, a principal with ... Continue Reading

FedUp Foods Marks Opening Of Wilmington Facility

April 29, 2025
Credit: Wilmington Biz BY EMMA DILL, APR 17, 2025 FedUp Foods marked the opening of its Wilmington facility this week in a building formerly occupied by TRU Colors Brewing. The kombucha, cold brew coffee and other products that FedUp Foods, one of North America’s largest private fermented beverage manufacturers, produces and packages at the 715 Greenfield St. facility will be distributed to customers throughout the U.S., Canada and Mexico, said CEO David Gray. The Wilmington facility is the company’s ... Continue Reading

Amazon Breaks Ground for Wilmington’s First Robotics Fulfillment Center

March 12, 2025
The more than 650,000 square-foot facility will create more than 1,000 new jobs Wilmington, North Carolina – March 12 – As part of its continued investment in North Carolina, today, Amazon announced plans to open its first robotics fulfillment center in Greater Wilmington, creating more than 1,000 full- and part-time jobs. This new investment will help improve delivery speeds for customers, boost local economic growth, and add to the more than 27, 000 full- and part-time ... Continue Reading

Global computer manufacturer to open Wilmington facility much sooner than expected

March 11, 2025
Feb. 26, 2025 Credit: Wilmington StarNews / Daniel Sheehan • The new facility will create over 500 jobs and produce custom computer parts for Protocase and its subsidiary, 45Drives. • Protocase chose Wilmington for its skilled workforce, vibrant film scene, and potential for growth as a technology hub. • The company is known for its high-velocity mass customization, which allows them to produce custom products in a matter of days. A global aerospace manufacturer is bringing a new facility to ... Continue Reading

Eastern region, a site to be seen

February 13, 2025
February 13, 2025 Credit: NC Economic Development Guide (Focus) / Business NC EASTERN NORTH CAROLINA BOASTS FARMS AND BEACHES — AND A NETWORK OF INDUSTRIAL SETTINGS. Southeastern North Carolina’s 20-county region stretches from picturesque trails and lakes of the Uwharrie Mountains to more than 100 miles of Atlantic Ocean shoreline, a panorama of open land, energetic cities, agriculture and historic small towns. Sprinkled in are 16 technical and community colleges and seven interstates, a perk for the locale halfway ... Continue Reading

Frontier Scientific Solutions Announces Full-Scale Construction of Largest GMP Temperature-Controlled Facility for Life Sciences in North America at Wilmington International Airport


February 11, 2025 Credit: Frontier Wilmington, NC, February 11, 2025 — Frontier Scientific Solutions is excited to announce that construction of its state-of-the-art cGMP temperature-controlled facilities at Wilmington International Airport (ILM) is in full swing with the first vertical structures being installed. This groundbreaking project is set to become the largest GMP temperature-controlled facility fully dedicated to the life sciences sector in North America, further solidifying Wilmington’s position as a critical hub for the global life sciences ... Continue Reading

GE Vernova to invest in North Carolina fuel operations


January 31, 2025 Credit: World Nuclear News GE Vernova has announced plans to invest more than USD50 million in GE Hitachi's Wilmington site in North Carolina as part of USD600 million of investments across its US factories and facilities over the next two years. [caption id="attachment_9387" align="alignright" width="364"] The Wilmington site (Image: GE Vernova)[/caption] The investment in GE Hitachi's manufacturing site will be used to enhance safety, quality and productivity and to launch its next generation nuclear fuel design ... Continue Reading