News and Announcements

TRI-COUNTY COLLABORATION SHARPENS GLOBAL MARKETING

June 30, 2015
In today’s free-flowing global economy, business leaders have little concern for city limits and county lines. Today’s executives care more about access to adequate transportation systems, reliable utilities and abundant talent in drawing conclusions about the quality of a business destination. That’s why earlier this year Wilmington Business Development (WBD) joined with the Brunswick County Economic Development Commission and The Southeastern Partnership in launching the Wilmington Regional Marketing Initiative. The collaboration seeks to effectively and efficiently showcase ... Continue Reading

Empire Distributors Proposes Purchase of 15 Acres at Pender Commerce Park

May 12, 2015
  EMPIRE DISTRIBUTORS PROPOSES PURCHASE OF 15 ACRES AT PENDER COMMERCE PARK Looks to Build Distribution Center   May 12, 2015 (Wilmington, N.C.) – Just as Acme Smoked Fish Corporation ramps up production at its major new facility in Pender Commerce Park, a second tenant is now unveiling plans there for a 160,000-sq.ft. warehouse and distribution center. On Monday, the Pender County Board of Commissions approved the proposed sale of 15 acres at the park to Empire Distributors of ... Continue Reading

The 2nd-best U.S. city to start a business is in N.C.

April 29, 2015
TRIANGLE BUSINESS JOURNAL                                                                                                                                                 ... Continue Reading

Economic Impact Data Affirms WBD Results

December 18, 2014
Greater Wilmington’s recent run of company expansions and relocations has real meaning in terms of job opportunities, business activity and funding streams for vital local government services. From March 2013 through September 2014, WBD’s project management efforts resulted in the announced creation of 835 new jobs and more than $200 million in annual payroll, according to an analysis by Dr. William “Woody” Hall, senior economist at UNC Wilmington’s Swain Center for Economic and Business Services. ... Continue Reading

2014 Annual Meeting Highlights


Over 200 WBD members and guests attended the organization’s annual meeting on October 9th at UNC Wilmington’s Burney Center. The gathering included valuable networking among attendees, as well as an engaging line-up of speakers addressing a variety of important subjects. After watching a video that featured key business leaders, participants were welcomed by Dickson McLean, chairman of WBD. “The past year has been a very successful one,” he said, reviewing economic impact ... Continue Reading

Corning/WBD STEM Educator of the Year Award


Michelle Hafey, who teaches 7th and 8th grade science at Penderlea School, has been named the Corning/WBD STEM Educator of the Year for 2014. Executives at Corning presented the award at last month’s annual membership meeting of Wilmington Business Development (WBD). “Michelle’s excellence in STEM teaching will ensure our students are ready to succeed in strengthening America’s role as the world’s engine of scientific discovery and innovation,” said Bob Trapp, a senior Corning engineer who ... Continue Reading

Vertex Rail Technologies, LLC Will Employ Over 1300 at Tank Car Production Site in Wilmington

November 14, 2014
VERTEX RAIL WILL EMPLOY OVER 1,300 AT TANK CAR PRODUCTION SITE IN WILMINGTON U.S. Energy Boom Fuels Company’s Plans at Former Terex Crane Facility November 13, 2014 (Wilmington, N.C.) – Vertex Rail Technologies, LLC, a manufacturer of railroad tank cars, will occupy the former Terex Crane facility on Raleigh Street in Wilmington that was once home to Terex Cranes. Vertex will make specialty tank cars designed to serve the booming U.S. energy market. The Massachusetts Company plans ... Continue Reading

HIGH-END SEAFOOD PROCESSOR UNVEILS PLANS TO BRING 120 JOBS TO PENDER COUNTY New York-Based Company Will Invest as much as $30 million at Pender Commerce Park

October 18, 2013
October 18, 2013 – Wilmington, N.C. Global demand for nutrient-rich smoked fish is good news for the Pender County community of Currie, which will be the site of a new 100,000-square-foot seafood processing facility that will employ 120 workers. RC Creations, LLC, a unit of Brooklyn, New York-based Acme Smoked Fish Corporation, will invest nearly $30 million at Pender Commerce Park in an initiative announced today by the McCrory Administration, Pender County officials and leaders ... Continue Reading

Duke Energy to help prepare Pender County, N.C., location for potential industrial development

September 12, 2013
CHARLOTTE — Duke Energy Progress has chosen a 700-acre site located in both Pender and New Hanover counties to participate in the utility's 2013 Site Readiness Program to prepare the location for potential industrial development. For the next four months, the site will undergo a comprehensive assessment for its strengths for specific target industries. Duke Energy has hired McCallum Sweeney, a nationally known consulting firm, to conduct a site study. Land-use planners will create conceptual plans ... Continue Reading

GE Aviation Expansion at Castle Hayne Brings $63 Million in Economic Investment, 35 New Jobs

June 9, 2013
Wilmington, N.C. - GE Aviation, a longtime industrial resident of Greater Wilmington, will launch a major expansion at its New Hanover County facility as part of a $195 million commitment the company is making at four of its sites in North Carolina. For Greater Wilmington, GE Aviation's move brings at least $63 million in new capital investment over the next five years and the creation of 35 high-paying jobs. Governor Pat McCrory joined GE executives and ... Continue Reading