News and Announcements

PORT CITY LOGISTICS WILL INVEST $16 MILLION IN NEW WILMINGTON FACILITY

August 2, 2022
Savannah-Based Third-Party Logistics Leader Will Employ 75 Here August 2, 2022 (Wilmington, N.C.) – Port City Logistics Inc., a leading East Coast third-party logistics (3PL) provider, will open a $16 million facility near the Port of Wilmington as it grows supply-chain capacity, North Carolina Governor Roy Cooper announced today. The company, based in Savannah, Georgia, will create 75 new jobs here. “We are delighted to welcome Port City Logistics to New Hanover County, North Carolina,” said Governor ... Continue Reading

CNBC NAMES NORTH CAROLINA AS AMERICA’S TOP STATE FOR BUSINESS IN 2022

July 25, 2022
07/13/2022 CNBC has named North Carolina as America’s Top State for Business in 2022. This morning, Governor Roy Cooper joined CNBC’s Scott Cohn at the Oceanic at the Crystal Pier in Wrightsville Beach for a live broadcast where the winner was revealed. “North Carolina is the best place in America to do business and the main reason is our people,” Governor Cooper said. “This is a great honor, and we’re going to continue to work with our ... Continue Reading

BUSINESS FACILITIES MAGAZINE NAMES NORTH CAROLINA BEST BUSINESS CLIMATE IN THE NATION


07/15/2022 North Carolina has been named the Best Business Climate in the nation by Business Facilities magazine, with Virginia, Utah, Texas and Tennessee in second through fifth place. The magazine’s complete 2022 Annual Rankings Report will be published in a future issue. North Carolina is no stranger to Business Facilities’ rankings, which are in its 18th year. In 2021, the state ranked second, having risen from fifth place the year before. The magazine attributes the state’s success ... Continue Reading

EDGEWATER VENTURES AND MCKINLEY BUILDING CORPORATION ANNOUNCE THE DEVELOPMENT OF BUILDING TWO AT WILMINGTON TRADE CENTER

July 21, 2022
WILMINGTON, N.C. (July 21, 2022) – Edgewater Ventures, in partnership with McKinley Building Corporation, announces the development of their second building at Wilmington Trade Center, following the recent completion of the 157,610 square foot Building 1. Construction is underway on Building 2, a virtually identical 157,610 square foot state-of-the-art facility that will feature tilt-up concrete construction with extensive glass lines, 32’ clear height, an ESFR sprinkler system, and a 180’ deep truck court. Building 2 ... Continue Reading

AFTER LEASING INITIAL SPEC SPACE, RAMM CAPITAL BREAKS GROUND ON SECOND PROJECT AT PENDER COMMERCE PARK

June 28, 2022
June 28, 2022 (Wilmington, N.C.) – Winston-Salem based Ramm Capital Partners, along with its brokerage partners at Cape Fear Commercial, has filled its 127,356-square-foot spec facility at Lot 2 in Pender Commerce Park and is set to begin work on its second building there. The company has inked long-term leases with three companies for its multi-tenant distribution facility, which was completed last year. “We are pleased to announce that 33 ACME Way is fully leased with ... Continue Reading

Amazon to Open New Delivery Station in Greater Wilmington, North Carolina

March 17, 2022
Company’s Investment is the Latest Addition to its North Carolina Presence March 17, 2022 (Wilmington, N.C.) – Amazon will build a new distribution center on 40 acres (16.2 hectares) at Pender Commerce Park, creating more than 100 full-time jobs offering starting wages of $15 an hour and comprehensive benefits beginning on the first day of employment. The 142,000-sq.-ft. facility is anticipated to be completed in 2023. It will serve the company’s growing customer base in Greater ... Continue Reading

MegaCorp Logistics Will Create 300 New Jobs as it Expands in Wilmington

March 9, 2022
March 8, 2022 (Wilmington, N.C.) – MegaCorp Logistics, one of America’s top freight brokerage firms, will launch an expansion to its Wilmington operations over the next five years, growing its workforce by 300 jobs, company officials announced today. “We have a presence and opportunity to expand in multiple markets, but our commitment to Wilmington is steadfast,” said Ryan Legg, MegaCorp’s Chief Executive Officer. “Our partnership with Wilmington Business Development specifically helped to reaffirm the decision and ... Continue Reading

Two Major Economic Development Projects Select ILM Business Park; Furthering Economic Investment and Growth

November 4, 2021
Wilmington, NC (November 4, 2021)— At a press event this morning, The Wilmington International Airport announced that two companies, CIL Capital, LLC and Edgewater Ventures, have each selected the ILM Business Park as the location of their strategic business investment and development. The ILM Business Park, which encompasses 140 acres on airport property, has foreign trade zone status, access to Customs, close proximity to major highways, rail, Port, and an airfield, and is minutes to ... Continue Reading

PROPERTY TECH FIRM VANTACA WILL DOUBLE WILMINGTON WORKFORCE

September 28, 2021
Provider of Software as a Service to Expand, Continue Local Investment September 28, 2021 (Wilmington, N.C.) – Vantaca LLC, an industry-leading cloud-based solution provider for association management companies, will add 104 employees to its existing 100-person Wilmington workforce, more than doubling its personnel as the fast-growing property technology company launches a $4.2 million expansion to its headquarters operation. Governor Roy Cooper announced the privately held company’s selection of Wilmington earlier today. North Carolina is one of ... Continue Reading

REGION’S COLD STORAGE CAPACITY TO GET MAJOR BOOST WITH NEW INVESTMENT AT PENDER COMMERCE PARK

August 2, 2021
National Developer Investing Significantly in Port Regions August 2, 2021 (Wilmington, N.C.) – A commercial real estate developer plans to build a state-of-the-art cold storage facility at Pender Commerce Park. RealtyLink, a privately-held full-service real estate development company, will construct as much as 300,000-sq.-ft. of refrigerated warehouse space that will serve a third-party logistics tenant. Greater Wilmington is among five port regions where the Greenville, S.C.-based firm is building cold storage facilities. “We welcome this game-changing addition to ... Continue Reading