Pella Project Makes List of Biggest Economic Development Wins of 2019

Rockingham County’s Pella manufacturing project ranks as one of the biggest economic development wins in North Carolina in 2019 so far.  The list, which is ranked by total new jobs to be created, was compiled by the Triad Business Journal as follows:

By the numbers: N.C. counties with biggest economic development wins in 2019
Jul 16, 2019
Triad Business Journal

When it came to the biggest economic development wins in the first six months of 2019, Charlotte overtook the Triad, the data shows.

Led by Lowe’s mammoth 1,600-job technology hub announcement in Mecklenburg County, the Charlotte region scored major victories in the first half of the year.

The Triad doesn’t come into play until the fifth-biggest win of the year, at Aetna’s decision to bring 300 jobs to Guilford County.

Chris Chung, CEO of the Economic Development Partnership of North Carolina, says there’s a healthy pipeline of companies considering North Carolina for “close to a couple hundred active projects at this particular time.” Statewide, several of those are business recruitment efforts, he says. And some prospects are actively eyeing the Triangle.

The biggest barrier he sees across the board? A tight market for move-in-ready real estate.

“We still do see about 75 percent of our business recruitment clients who come in the door saying, ‘we would like to come into an existing space if one exists,” he says. If a space isn’t available, “it really is hard to get past that first discussion.”

Here’s a look at the job wins announced by the N.C. Department of Commerce through June 30. Triad wins are highlighted in bold.

Lowe’s: 1,600 jobs, Mecklenburg County

Chewy: 1,200 jobs, Rowan County

Greenheck Group, 400 jobs, Cleveland County

CleanAire, 305 jobs, Wilson County

Aetna, 300 jobs, Guilford County

Pacon Manufacturing Corporation, 299 jobs, Brunswick County

Parexel International Corporation, 264 jobs, Durham County

SynergyLabs, 237 jobs, Burke County

Design Foundry, 202 jobs, Catawba County

Cellectis, 200 jobs, Wake County

AveXis, 200 jobs, Durham County

Broad River Retail/Ashley HomeStore, 161 jobs, Johnston County

BestCo LLC, 141 jobs, Iredell County

VBC Manufacturing, 130 jobs, Richmond County

Pella Corporation, 124 jobs, Rockingham County

KriGen Pharmaceuticals, 100 jobs, Harnett County

AmeriQual Aseptic, 76 jobs, Montgomery County

ENG Mobile Systems, 60 jobs, Cumberland County

Loba-Wakol, LLC, 24 jobs, Anson County

Superior Plastics Extrusion Company, 13 jobs, Richmond County