News and Announcements
AAIPHARMA/CAMBRIDGE MAJOR LABORATORIES LAUNCHES MAJOR EXPANSION AT ITS WILMINGTON LABS AND CORPORATE HQ
December 1, 2015
Growth of Life Sciences Adds Diversification to Region’s Economy
November 20, 2015 (Wilmington, N.C.) – AAIPharma Services Corp./ Cambridge Major Laboratories, Inc. (AAIPharma/CML), the contract drug development and manufacturing provider, will invest $15.8 million in expanded lab operations and corporate headquarters space in Wilmington over the coming three years, Governor Pat McCrory announced today. The move will bring at least 37 new jobs to the Port City over the coming three years, with a total ... Continue Reading
13TH ANNUAL VERIZON INVITATIONAL DRAWS RECORD PARTICIPATION
June 30, 2015
1st Place: Bill Harrington, Courtney Faircloth & Steve Gunn
2nd Place: Steve Wilkinson, Bill Rhodes & Joel White
3rd Place: Bob Cherry, Ned Murchison & Josh Goldstein
4th Place: Tim Eldridge, Brian Rector & Tee Nunnelee (not pictured)
Clear skies and comfortable breezes greeted participants of the thirteenth annual Verizon Invitational Golf Tournament, held May 13th at River Landing Country Club in Wallace. Forty-six teams competed in this year’s event, which featured golf on Clyde Johnston-designed courses, food, beverages ... Continue Reading
EXISTING INDUSTRIES THE LIFEBLOOD OF ECONOMIC DEVELOPMENT
Nationally, some 42 percent of job creation in a given community comes via expansions and growth of companies already there, according to a 2011 report by the Brookings Institute. Since its founding in 1956, Wilmington Business Development has supported existing industry as a cornerstone for the region’s economic strategy.
Along with our product and infrastructure development programs and corporate recruitment activities, WBD’s support for existing industry is systematic, ongoing and results-oriented. Regular site visits and dialogue ... Continue Reading
TRI-COUNTY COLLABORATION SHARPENS GLOBAL MARKETING
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
