UNLIKE THE WRIGHT BROTHERS, who chose North Carolina for its nice weather and sandy shores, today’s plastics and manufacturing businesses are coming to our state for its low corporate income tax rate, talented workforce, and business friendly environment.
N.C.'s Industrial Electric Rate is 10% BELOW the National Average
North Carolina’s average industrial electric rate is 10% below the national average and our public power communities have the ability to negotiate rates that will help your business to succeed.
North Carolina has the Lowest Corporate Income Tax in the United States
North Carolina has the lowest corporate income tax in the United States and our business friendly environment has earned us top ranking from Forbes, Business Facilities & Site Selection magazines.
Customized Workforce Training Programs through Community Colleges in N.C.
The Customized Training Program provides education, training and support services for new, expanding and existing business and industry in North Carolina through our network of 58 community colleges, serving all 100 counties of the state.
Access the Largest Manufacturing Workforce in the Southeastern U.S.
With more than 460,000 total manufacturing workers, including 100,000 plastic and chemical manufacturing workers across 2,561 establishments, North Carolina boasts the largest workforce in the Southeast United States.
Key Industries within Public Power Communities
Plastics
The plastics industry remains one of the strongest components of North Carolina’s diverse manufacturing sector. Hundreds of plastics manufacturing and processing companies employ close to 40,000 people in the state. Additionally, plastics dependent industries — sectors like health care, automotive and aerospace — combine to employ another 725,000 North Carolinians.
Information Technology
The Information Technology industry is easily one of the fastest growing segments of North Carolina’s economy. More than 18,000 technology businesses operate in the state, and collectively employ almost 250,000 people. These companies, which range from single-person start-ups to global giants, are as diverse and innovative as the communities they call home.
Food Processing
From bakeries to fisheries, the food processing industry in North Carolina is a diverse and growing sector that extends across the entire state. In fact, more than 62,000 people are employed by the state’s 1,000+ companies. Our recipe for success in this sector is quite simple; companies enjoy easy access to raw materials and a rapidly expanding consumer base. It’s all tied together by a skilled workforce familiar with operating in a regulated industry.
Biotechnology / Life Sciences
North Carolina is home to one of the largest and most diverse biotechnology clusters in the United States. From research-driven start-ups to global giants, more than 600 biotech companies call the Tar Heel State home. These firms, which collectively employ 60,000 people, have found North Carolina to be an excellent location for all facets of the industry, from discovery to manufacturing.
Access the largest manufacturing workforce in the southeastern U.S.
Get the workforce you need in North Carolina. We are a right to work state with a robust talent pipeline including 460,000 manufacturing employees, 22,000 STEM degrees awarded annually, and 18,000 exiting military veterans ready to work.
- Ranked #1, Largest Manufacturing Workforce in the Southeast
- Ranked #2, Competitive Labor Environment by Area Development, 2018
- Elite higher Education — 53 colleges and universities including the Tier 1 research universities North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill
Shovel-ready Smart Sites® and Move-in Ready Shell Buildings
Critical production demands can’t always wait on a lengthy construction project. We created the Smart Sites® program to offer more shovel-ready property for economic development growth in our member communities. The valuable due diligence included in our program assists site selectors in making informed, intelligent choices. In short, the Smart Sites® program simplifies the process for consultants and companies and minimizes risk to them.
Looking for a move-in ready manufacturing space? Many of our member communities have shell buildings that may suit your needs. Below are just a few of our many available Smart Sites® and Shell Buildings.
Meet our team to learn about us or for more information on these and other properties.
Available Smart Sites® and Shell Buildings
Additional information on these and other properties available upon request.
CONTACT US
If you would like to learn how the Economic Development staff of ElectriCities can help locate a building or site to suit your needs, simply fill out the short form below for more information, or call Brenda Daniels at 919-760-6363.