Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Business North Carolina Vol. 38 Issue 2, February 2018
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Senate president Calvin Graves’ conclusion, that North Carolina needed railroads, brought a better connection between the state’s crop producing west and machinery producing east. Results were the founding of cities such as Burlington and creation of conduits for ports such Wilmington’s. The irony behind this beginning is Grave’s concluded political career in his home county and relative anonymity today. Currently, only a highway marker in Yanceyville recognizes his role in the growth of North Carolina’s manufacturing industries’ muscle.
Despite not making the final bid as site for Amazon’s second US headquarters, the city of Hickory can claim fulfillment of its economic promise. Fulfillment of its promise is in industries such as furniture, which can measure success in 60% of furniture sold in the United States connected to the area. Success on a global scale can be measured in Hickory Furniture Mart’s attracting visitors from Asia, the Middle East, and Europe and drawing 500,000 visits annually.
North Carolina’s take off into the aerospace manufacturing industry had soared to the top ten in the United States by 2017. Factors attributed to its rank at number four in the nation and success of airports like Charlotte-Monroe Executive were a low corporate tax rate and electricity rates, along with an extensive rail network.