“A succinct regional economic development strategy in recent years has propelled North Carolina, and 2022 was another banner year for the state in capital investment and jobs creation,” said Business Facilities Editorial Director, Anne Cosgrove. “Paired with a world-class education and R&D resources, the support of incentives and programs from organizations at all levels for a variety of industries, including high-growth sectors such as electric vehicles, made the state our choice for top recognition this year.”
Last year, North Carolina welcomed some of the biggest economic development projects in the state’s history. Vietnamese electric vehicle and battery company VinFast announced it is bringing its first North American automotive assembly and battery manufacturing plant to Chatham County, North Carolina. The project has a $4 billion capital investment and will create 7,500 jobs. Wolfspeed, a global leader in semiconductor manufacturing, announced in September it will build its newest semiconductor manufacturing plant in Siler City, North Carolina, investing $5 billion and creating 1,800 new jobs.
Other substantial projects include aviation giant Boom Supersonic announcing it is bringing its new Overture airliner manufacturing and final assembly facility to Greensboro, North Carolina, investing $500 million and creating 1,750 jobs by 2030. Global healthcare leader Eli Lilly and Company announced plans to build a new manufacturing site in Concord, North Carolina, investing $1 billion and creating 600 jobs.
“North Carolina is the best state in the nation to do business, and large companies like VinFast, Wolfspeed, Eli Lilly and Boom Supersonic have noticed and taken advantage of that. We have a world-class education system, a highly skilled workforce, a strong commitment to clean energy and sustainability, the most competitive tax environment in the country, and a demonstrated bipartisan approach to economic development policy,” said Christopher Chung, CEO of the Economic Development Partnership of North Carolina (EDPNC).
“We currently have 235 active projects, with a total of $111.8 billion in capital investment, and 100,112 total possible jobs in our pipeline, and our team is looking forward to assisting each one of these companies in choosing North Carolina. 2022 was another year of record performance, and we are confident North Carolina will continue that momentum into 2023,” Chung said.
Full coverage of the 2022 State of the Year and regional runners-up will be featured in the January/February issue of Business Facilities.
Business Facilities is a national publication that has been the leading location source for corporate site selectors and economic development professionals for more than 50 years.
The antenna is designed with a state of the art radiating element for maximum efficiency. Built robust and tough, this antenna is constructed from corrosion resistant material for reliability in the harshest environments and also designed to meet the rigors of MIL-STD-810.
Features
Broadband
LTE/4G
Low VSWR
Adaptable to multiple communication platforms
360° Rotating Gooseneck
The aviation version of the display is a wearable visor that uses augmented reality to provide civilian or military pilots with a high-resolution 360-degree view that seamlessly matches the view outside the cockpit. It also provides traffic callouts and flight instrumentation in the pilot’s field of view, which makes the Honeywell 360 Display ideal for flying at night, in bad weather or in congested airspace. The display improves safety, pilot confidence and aircraft utility.
Honeywell 360 Display for Rugged Ground Vehicles
Operators of ruggedized vehicles can use the display to safely maneuver in low visibility or hazardous conditions. It improves overall situational awareness, reaction speed and survivability by increasing visibility and reducing the need to consult instruments in the vehicle. The lightweight head-worn display uses real-time outside high-resolution camera feeds to create a seamless mixed-reality view and provides operators sensor information within their immediate field of view.
Its single-tube design enables controlled, safe extension and retraction to the desired height, streamlining setup and pack-down in time-sensitive scenarios.
Engineered for both static and mobile applications, the mast can be mounted directly on the ground, vehicle, or trailer, providing a stable foundation across varied terrains. When not in use, it can be compactly stored to reduce bulk and simplify transport. Combining portability, durability, and operational agility, the System 100 ensures reliable performance in demanding field conditions.
Key Features
• Heavy-duty metal construction designed to bear load and support mounted devices
• BS 5682, ISO 9170-1, ISO 7396-1, HTM 02-01 compliant with gas-specific keying
• Corrosion-resistant design with secure locking for reliable gas and vacuum dispensing
Key Benefits:
Brightens Skin: Turmeric, known for its natural brightening properties, helps reduce the appearance of dark spots, discoloration, and blemishes, promoting a more even skin tone.
Deep Hydration: Enriched with nourishing ingredients, this cream delivers long-lasting moisture to keep your skin soft, supple, and hydrated all day.
Calms and Soothes: Turmeric’s anti-inflammatory properties help reduce redness, irritation, and sensitivity, making it ideal for sensitive or acne-prone skin.
Enhances Natural Glow: Regular use helps restore your skin’s natural radiance, leaving it looking healthy and revitalized.
Lightweight Formula: Absorbs quickly without leaving a greasy residue, making it perfect for daily use under makeup or on its own.
Ideal For:
All skin types, including dry, oily, and sensitive skin
Uneven skin tone and dull complexion
Those seeking a lightweight yet effective moisturizer
Why Choose Okay Turmeric Skin Brightening Facial Cream?
This cream is made with natural, high-quality ingredients and is free from parabens, sulfates, and harsh chemicals. As part of Okay Pure Naturals’ commitment to clean and ethical skincare, it’s a cruelty-free product designed to nurture your skin with care.
Elevate your skincare routine with the Okay Turmeric Skin Brightening Facial Cream. Experience smoother, brighter, and more luminous skin with every application.
In today's new space age, our mission is to advance a responsible and sustainable space economy, generate deeper insights about our planet, and enable scientific discovery. BCG’s space sector consulting experts—which include former space executives, engineers, technologists, and manufacturing leaders—have the experience and insights required to help clients realize powerful opportunities in the space industry.
We assist clients with the commercialization of space by providing a wide variety of industry-leading services.
As low-cost aerospace HPC (high-performance computing) becomes increasingly accessible, larger and more complex simulations are becoming commonplace. TLG has developed technology to utilize excess computing capacity on the world’s largest provider of computing resources, Amazon Web Services (AWS). This enables us to conduct simulations at nearly any scale, securely, and at a fraction of the cost of maintaining on-premise hardware. TLG passes these savings on to its customers.
TLG utilizes this Aerospace HPC (High-Performance Computing) capability to support client projects and can assist with the creation of similar capabilities for other organizations seeking to replace on-premise systems or increase capacity.
TLG was proudly featured by Amazon as the first Case Study for the successful use of AWS for low-cost Aerospace HPC (High Performance Computing).
The Aquifer 200 Power Pack Solar can be connected to a 12v DC power source like a car battery, 100-260v AC 50/60 Hz wall outlet or generator, or run independently from the included solar panel.
All Aquifers come standard with Spectra’s unique Clark Pump energy recover y device, a product flow meter,
pressure gauge and a hand-held salinity monitor.
The TURBOCAM Automated Production Systems (TAPS) is a high-volume producer of turbocharger components, certified to the IATF16949 standard, excluding design. Product inspection utilizing DCC-CMMs and precision gaging is integrated into the production process along with real-time SPC. These tools provide the foundation to improve quality and ensure effective process control, leading to smarter business decisions. Delivering in excess of 1 million components each year, the quality of materials provided by the supply chain is actively managed through our Supplier Quality program, assuring uninterrupted component supply lines.
TURBOCAM’s Automated Production System in Charleston, South Carolina features a turbocharger component assembly operation certified to the IATF 16949 and ISO 9001:2015 standards, excluding design. Its quality system is integrated with the TAPS business unit, including production SPC monitoring and quality management system software.
