ElectriCities of North Carolina has been named one of the nation’s top utilities by a leading economic development and site selection magazine.
Business Facilities, a magazine that focuses on economic development and site selection news, publishes a list of leading utilities that excel in providing economic development support, low-cost energy, and infrastructure.
“Promoting economic development in public power communities has always been a top priority for ElectriCities, so we’re thrilled to be recognized for our success in that area,” said ElectriCities CEO Roy Jones. “Throughout this last year, the benefits of public power have helped our communities attract and retain businesses, adding a growing workforce throughout North Carolina.”
Public power communities across North Carolina enjoyed economic development successes in 2017. Two notable projects included:
⦁ EGGER Wood Products invested $700 million to build its first U.S. manufacturing facility in Lexington, N.C., creating 400 jobs.
⦁ Lionchase Holdings announced plans to develop a cold storage facility in Tarboro, N.C. at one of ElectriCities’ shovel-ready Smart Sites. This project will create 100 new jobs with $22.6 million in investments.
ElectriCities is actively involved in helping public power communities secure economic development projects. Through June 2017, public power communities in North Carolina added approximately 4,700 new jobs and attracted more than $2.18 billion in new investments.