Growing Today's Jobs and Tomorrow's Prosperity
Dec/Jan 10
North Carolina's electric cooperatives serve nearly one-third of the state's residents and cover nearly half of its land area, and the cooperatives' annual economic impact approaches $2 billion. They pump millions of dollars into direct community spending every year, roughly half of which is aimed at business and industrial development efforts that include grants and low-interest loans, site location assistance, market research, and a variety of energy-related services.
Such economic development services are more important than ever in these days of economic downturn. But North Carolina Electric Membership is focused on future prosperity as well, as evidenced by its support of local education efforts. For example, North Carolina's Touchstone Energy cooperatives recently hosted their annual Bright Ideas education grant awards program. They handed out nearly $180,000 in grant money to 196 teachers, supporting a wide range of classroom-based projects that would otherwise not be possible or would have to be paid for by the teachers themselves.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
How to Overcome NIMBYism in Data Centers
Q2 2024