Area Development honors N.C. with Silver Shovel economic development award

After receiving the accolade in 2009 and 2011, North Carolina was again recognized with Area Development‘s 2012 Silver Shovel award. The economic development resource highlighted the state’s manufacturing industry, noting the impact it will have on expected economic growth in 2012. Twenty percent of the state’s annual GDP is generated through manufacturing, which crosses a diverse set of industries in North Carolina, including aerospace, automotive, biotechnology, green energy and heavy equipment. In addition, the state was also recognized for its growing information and communications technology sector.

Projects from across North Carolina noted by Area Development represented aerospace, automotive, energy and other industries, and included:

  • Celgard, Cabarrus County, 250 jobs, $105M investment
  • Chiquita Brands Intl., Mecklenburg County, 417 jobs, $14.1M investment
  • Horsehead Corp., Rutherford County, 250 jobs, $361M investment
  • NS Aviation, Forsyth County, 308 jobs, $1.2M investment
  • Pittsburg Glassworks, Surry County, 260 jobs, $85M investment
  • Red Hat, 540 jobs, $109M investment
  • Semprius, Henderson, NC, 256 jobs, $89.7M investment
  • Steven Roberts Original Desserts, Robeson County, 342 jobs, $4.5M investment

2012 Gold and Silver Shovel awards were awarded to states exhibiting innovative economic development policies that resulted in attracting new employers and driving investments in facilities as well as expansions within existing industry. Read more.