NC Economic Pipeline: 245 Projects, 71,000 Jobs and $59B Investment
By Lauren Ohnesorge – Senior Reporter, Triangle Business Journal
Expanding companies continue to zero in on North Carolina, but office and R&D projects appear to be taking a break.
The latest figures from the Economic Development Partnership of North Carolina show a pipeline of 245 projects. That pipeline, which consists of companies considering the state for relocations or expansions, represents the potential for nearly 71,000 new jobs and more than $59 billion in new investment, on track with figures released last month.
But of the 30 new projects the statewide recruitment team opened in August, none involved office or R&D functions, a departure from the last several months.
EDPNC continues to see the biggest opportunities in life sciences, energy and food and beverage.
And the projects are coming in from all over the world. Forty-five percent of the state’s economic development pipeline involves foreign direct investment, meaning a company from another country looking to potentially invest in North Carolina.
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