News and Announcements
Corning/WBD STEM Educator of the Year Award
December 18, 2014
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
Wilmington Firm to Base Global Headquarters Here in $10 Million Expansion
March 1, 2013
March 1, 2013 – Wilmington, N.C. Castle Branch, Inc., already a major employer in Wilmington, will triple its 200-person corporate headquarters here under a nearly $10 million expansion plan being announced today by founder and CEO Brett Martin and top officials of the N.C. Department of Commerce. Joining them at the announcement are state legislators, county and municipal leaders, and officials of Wilmington Business Development (WBD).
Proximity to UNC Wilmington along with supportive government officials here ... Continue Reading
