NC Exports Hit Record High

NC exports hit a record high of $14.8 Billion USD, in the first half of 2012.  North Carolina merchandise exports increased by 6 percent in the first half of 2013, according to the U.S. Department of Commerce’s International Trade Administration (ITA).

Read the full article on the Greater Wilmington Business Journal website.

Pre-construction on the Port of Wilmington Cold Storage Facility

Pre-construction activities on the PWCS project have started.  Catlin Engineering is in the process of taking boring samples on the PWCS site. This site investigation will provide information on the soil quality and density at various depths. Our architects, engineers, and general contractor will use this information to ensure that we have the appropriate structure on which to construct the PWCS facility.

NC Ranks 5th in Nation for Chinese Investment Dollars

North Carolina ranked the 5th-largest state in the Nation for Chinese investment, according to a recent article from the Triangle Business Journal.  Chinese Investment in NC follows only investment in California, New York, Texas and Illinois. North Carolina attracts Chinese investment dollars largely thanks to connections through the state’s universities. The article also details the pending sale of Smithfield Foods to China’s Shuanghui International Holdings Limited, a $5 Billion sale.

You can read the full article on the Triangle Business Journal website.

Port of Wilmington and Maersk Line Collaboration

Port of Wilmington and Maersk Line, the world’s largest container shipping company, are working together to expand the port’s global market. One way that they have done this is by encouraging companies to change their methods of shipping cargo to South America. These companies are now using more efficient methods of shipping through the Port of Wilmington. Maersk is also adding additional port calls to the South Atlantic Express, which offers service between Port of Wilmington and Latin America. All of this will lead to more opportunities for shipping through North Carolina. Read more about in the Greater Wilmington […]

Governor Pat McCrory discusses the Port of Wilmington Cold Storage

Governor Pat McCrory delivered his State of the State Address this week, and highlighted the Port of Wilmington Cold Storage Project. McCrory went on to say:

“Now let me tell you about one of North Carolina’s other great strengths, and that’s our export potential. When I go overseas on trade missions as your governor, my number one priority will be expanding the exports of products which say ‘Made in North Carolina’.

The export of North Carolina products, especially our incredible agricultural products, is crucial in the rebuilding of our economy. To help achieve this goal, under the leadership of our Agricultural Commissioner, […]

Cold Storage Facility on Wilmington Port

The State has decided to move forward with a partnership with USA InvestCo to construct a cold storage facility on the Port of Wilmington, North Carolina.  USA InvestCo is currently working on plans to build the 75,000 square foot refrigerated warehouse facility with an initial construction cost of roughly $13 Million.

Click here to read the full article on the Star News website.

Port of Wilmington Cold Storage Facility – Greater Wilmington Business Journal

USA InvestCo has announced plans to construct the Port of Wilmington Cold Storage, a refrigerated warehouse facility on the Port of Wilmington.  USA InvestCo will be working in partnership with the North Carolina Ports Authority, Department of Transportation, Department of Commerce and Department of Agriculture. The 75,000 square foot facility will be built near the T-7 unit on the Port, and is estimated to cost $15 Million USD. The facility is expected to bring over one hundred new jobs to the area.

Click here to read the full article on the Greater Wilmington Business Journal site.