News and Announcements
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
‘Full Speed Ahead’: Canadian Firm Makes First Local Hires
Jan 27, 2025
Credit: WilmingtonBiz
By Emma Dill
Canadian company Protocase and its subsidiary division 45Drives have hired their first employees in the Wilmington area.
[caption id="attachment_9383" align="alignleft" width="377"] Recent Wilmington area hires and 45Drives data storage specialists include Alexander 'A.J.' Cossifos (from left), Braeden Kivett and Colby Davis, shown at Protocase headquarters in Sydney, Nova Scotia. (Photo courtesy of Protocase)[/caption]
The Nova Scotia-based firm announced last year that it had selected Wilmington for its first expansion into the U.S. ... Continue Reading
ILM Biz Park On The Rise
Jan 22, 2025
Credit: WilmingtonBiz
By Emma Dill
Jeff Bourk likes to use satellite photos from Google Earth to illustrate recent growth at Wilmington International Airport (ILM) and in its adjacent 140-acre business park.
Toggling between images captured over the past five years, Bourk, ILM’s director, points out the airport’s shifting footprint – the result of a $69 million terminal expansion that wrapped up two years ago.
The most recent images show ongoing work, such as a temporary road that ... Continue Reading
United Airlines Announces New Nonstop Destination, Extends Chicago Service
December 19, 2024
Credit: WilmingtonBiz
United Airlines is adding a destination and increasing service to Chicago at Wilmington International Airport (ILM).
The increase in United's Chicago service next summer will consist of flights daily between ILM and Chicago O'Hare International Airport (ORD), according to an announcement Thursday morning.
The airline will also offer new nonstop service to Denver (DEN) on Saturdays from ILM during the summer season.
United served Wilmington to Chicago O’Hare with weekend-only service last summer, the release ... Continue Reading
Avelo Airlines To Establish Base At ILM, Add Three Nonstop Destinations
December 4, 2024
Credit: WilmingtonBiz
By Cece Nunn
Avelo Airlines plans to establish a base at Wilmington International Airport and add three new nonstop destinations, including Nashville, Tennessee (BNA).
The other two nonstop flights are to Rochester, New York (ROC), and Boston/Manchester, New Hampshire (MHT), beginning in April.
Avelo's base plans will create 50 jobs, officials said during a news conference Wednesday morning at the airport.
"An ILM base means an aircraft living here dedicated to Wilmington International Airport, and that ... Continue Reading
GLE Maintains Laser-focus On Growth
NOVEMBER 1, 2024
Credit: Greater Wilmington Business Journal
BY EMMA DILL
Fueled by expected growth in the nuclear energy sector, Global Laser Enrichment, which uses lasers to enrich uranium, has increased its local footprint and employee base in recent years.
In June, Global Laser Enrichment (GLE) moved into its new headquarters inside the Wilmington Trade Center, an industrial park along U.S. 421. At more than 67,000 square feet, the space is about 10 times larger than the company had ... Continue Reading
International Manufacturing Investment Zeros In On Region
September 25, 2024
Credit: WilmingtonBiz Magazine
By Emma Dill
In the past year, several manufacturers with international ties have announced plans to expand their reach into the Wilmington area.
These announcements offer just a snapshot of the foreign direct investment that’s coming to the Cape Fear region – investments that offer the potential to draw in more new business, according to Scott Satterfield, CEO of the local economic development organization Wilmington Business Development.
Foreign direct investment is an investment made ... Continue Reading
Wilmington Near-Port Model Showcases Supply Chain Advantages
August 12, 2024
Credit: NC State Ports Authority
Wilmington, N.C. – Recent trade flows to SANY America's near-port warehouse and distribution facility highlight the advantages of utilizing the Port of Wilmington for import distribution solutions.
SANY America, the U.S. subsidiary of one of the largest heavy equipment manufacturers in the world, recently launched operations at Industrial Realty Group’s (IRG) facility two miles away from port gates.
Not only does IRG’s facility have the capabilities and infrastructure, including cranes and ... Continue Reading
