Location
North Carolina is the 2nd largest state in the U.S. for food and beverage processing. Its prime location on the eastern seaboard means that almost half of the U.S. population is within a day’s drive. Four international airports, two deep water seaports and the largest consolidated rail system in the nation further enhance supply chain advantages. When it comes to perishables, this prime location on the Eastern seaboard is especially invaluable. Whether your products are shipped by land, air, rail, or sea, this region has a solution to transport them to your consumers.
Workforce
North Carolina currently has 1,000+ food and beverage processing establishments throughout the state. With a talent pool of 460,000+ manufacturing employees North Carolina is home to the largest manufacturing workforce in the southeast. In addition, there are roughly 140,000+ postsecondary degree and certificate recipients each year which helps provide a steady pipeline of talented individuals into the workforce.
Business Climate
North Carolina ranks as # 1 Best State for Business (Forbes 2017, 2018, 2019). Dominion Energy’s industrial rates are 13% below the U.S average and 30% below the east coast average. North Carolina is a right-to-work state and has a 2.5% corporate income tax rate which is the lowest in the country.
