Wilmington experienced staggering growth in the 1990s, ranking at one point as the second fastest growing city in the country, behind only Las Vegas. The new century appears poised to reflect similar results. Economists have forecasted growth in the Greater Wilmington area to be the strongest in the state. Policom, an independent economic research firm that specializes in analyzing local and state economies, has ranked Wilmington as the 41st strongest economy in the United States, and delivered an "A" rating for economic outlook.
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With a positive growth forecast, a low-cost of living and the exceptional quality of life that a beach community offers, it's easy to see why corporations and industries around the country are relocating and/or opening offices in the area. As evidence, in 2005, telecommunications giant Verizon opened a new call center in Wilmington, bringing more than 1,000 new jobs to the city. After moving their headquarters here, GE-Hitachi expanded its business.
If you are interested in exploring the overwhelming potential that awaits new business in the Greater Wilmington area by opening a new company or relocating, learn more by reviewing the following:
Wilmington Industrial Development (WID): also known as The Committee of 100, is a private, not-for-profit organization designed to assist and make a company’s expansion/relocation efforts seamless. WID serves the Greater Wilmington North Carolina region: New Hanover and Pender Counties and the City of Wilmington. WID offers turnkey site selection assistance, including confidential assistance with industrial expansion and relocation. WID acts as a business, government and utility liaison providing demographic and economic data. Additionally, WID is an SBA 504 loan provider. Contact WID at info@wilmingtonindustry.com or (910) 763-8414.
Wilmington Downtown: Founded in 1977 as the Downtown Area Revitalization Effort (DARE) the organization changed its name in 2004 to better reflect its current purpose and mission. With revitalization achieved, the group now showcases Downtown Wilmington's attractive business center, thriving arts community, fine dining and entertainment amid three centuries of historic architecture along the scenic Cape Fear River. For information on available business properties for sale or lease, contact John Hinnant at (910) 763-7349 or john@wilmingtondowntown.com.
New Business Resource Guide: a compendium of information on area licensing and permitting requirements, contact information for agencies, and sources for additional information.
Fast Facts for Wilmington, NC: a snapshot look at the local area and contact information for area organizations.
Attaché Magazine Profile: US Airways in-flight publication, Attaché, published a 45-page profile of Wilmington in its December 2004 issue. Click here to view the profile...
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