News and Announcements
Holly Shelter Business Park Selected For The Selectsite Readiness Program
July 10, 2024
The Economic Development Partnership of North Carolina (EDPNC) released the North Carolina Selectsite Readiness Program Report, which details the EDPNC’s efforts to identify 15 sites across the state best positioned to serve major advanced manufacturing projects. The report was produced by Site Selection Group, a national site location consulting firm, along with technical support provided by Thomas & Hutton, a full-service engineering and design firm.
To access the report, please click here. Continue Reading
Protocase Announces First Phase of Expansion into the USA
June 12, 2024
Protocase Inc., leader in North American rapid manufacturing and prototyping for many industries including aerospace and defense, announces it has chosen Wilmington, North Carolina, as the location of the first phase of its expansion into the United States. The first phase of the expansion will begin this summer with the creation of an office presence in downtown Wilmington. Based on the company’s current growth trajectory, the second phase will involve standing up a manufacturing facility ... Continue Reading
PUBLIC-PRIVATE PARTNERSHIP TO SUPPORT WILMINGTON TRADE CENTER
April 15, 2024
New Hanover County Continues its Product Development Initiative
April 15, 2024 (Wilmington, N.C.) – New Hanover County has entered into an agreement to support the expansion of Wilmington Trade Center, a strategically positioned business park on U.S. Highway 421 near the I-140 interchange. Commercial real estate investment firm Edgewater Ventures led a development team late last year in acquiring 187 acres for a major expansion of one of its existing industrial projects. A performance-based economic development ... Continue Reading
CAPE FEAR CREW NAMES WBD IMPACT AWARD WINNER
March 28, 2024
Wilmington Business Development was recently honored by Cape Fear CREW, a regional association of commercial real estate professionals. Cape Fear CREW’s 6th Annual Awards of Excellence, held in February, included an Impact Award for WBD.
The Impact Award recognizes an individual or company that consistently exemplifies the traits of outstanding leadership in the commercial real estate industry and who has made a significant contribution to and has had a significant positive influence on the Cape Fear ... Continue Reading
PENDER COMMERCE PARK CONTINUES ATTRACTING INTEREST AND INVESTMENT
Pender Commerce Park has gained significant attention for its string of notable announcements, establishing itself as a prominent business hub in the State of North Carolina. The park now boasts an impressive portfolio, encompassing over one million square feet of industrial space, attracting over half a billion dollars in private capital investment and touting over 1,000 jobs. Among its notable investors since 2014 are leading global companies such as Amazon, Maersk, and The Home Depot.
“Pender ... Continue Reading
LAND POSITIONS IN NEW HANOVER COUNTY PRIME FOR INDUSTRIAL GROWTH
When measured by land mass, New Hanover County is North Carolina’s second smallest
county. At the same time, the county’s population is among the state’s fastest growing. In
response, county leaders are looking into the future, gauging land needs for use by the
companies and people of tomorrow. Strategic investments in acreage and infrastructure
are readying sites for industrial operations. The vision is similar to the thinking and planning
by Pender County leaders 20 years ago when conversations began with ... Continue Reading
POLYHOSE CONTINUES GROWING AT PENDER COMMERCE PARK
February 29, 2024
Indian Maker of Industrial Hoses and Fittings to Double Size of its Current Building
February 29, 2024 (Wilmington, N.C.) – Polyhose Inc., the India-based manufacturer of industrial hoses and fittings, is set to double the size of its Greater Wilmington facility less than five years after establishing a U.S. outpost at Pender Commerce Park.
Polyhose India Private Limited's U.S. division is set to commence Phase 2 of its expansion plan, continuing the strategy unveiled in late 2019. ... Continue Reading
CUSTOMERS BANK TO BECOME CORPORATE SPONSOR OF 2024 WBD MEMBERSHIP INVITATIONAL GOLF TOURNAMENT
February 27, 2024
Wilmington Business Development (WBD) is proud to announce its new corporate sponsor of the WBD Membership Invitational Golf Tournament – Customers Bank. Customers Bank, a leading community bank specializing in business services, is headquartered in Reading, Pennsylvania and continues to grow its presence in Wilmington. Already a Legacy Member of WBD, Customers Bank is enhancing its partnership by further supporting Southeastern North Carolina’s premier business golf event.
“This was an absolute no brainer for us,” said ... Continue Reading
PortCity to Introduce New Transload Solution on the Port of Wilmington’s Container Terminal
January 17, 2024
Courtesy- NC Ports
Wilmington, N.C. – PortCity will introduce a new transload solution on the Port of Wilmington’s Container Terminal.
This new transload operation will be adjacent to the Port’s container berths and Neo-Panamax Cranes. One of the key benefits of this new service is the substantial efficiencies it will provide to customers.
“By eliminating the off-port dray, this new on-terminal offering will increase efficiency and reduce the overall transportation expense for customers,” said Eric Howell, PortCity CEO. ... Continue Reading
ILM Sets New Annual Passenger Record – 21% increase over 2022 numbers
January 16, 2024
The official numbers are in, and ILM served 1,317,897 passengers in 2023. This figure is a new annual record, surpassing the prior record by over 21%. Throughout the year, ILM consistently broke records with eleven months of the year having the most enplanements ever recorded.
In 2023, the airport received new service from Sun Country airlines as well as new nonstop routes from Avelo, American, and Delta. “We have a growing number of airlines and a ... Continue Reading
