Tuesday, February 05, 2019

MIPIM, NCSPA and PTIA....what do they have in common?

Economic development in North Carolina and our region is alive and well.  There are assets in our state that most people do not pay much attention to but are ones that are vitally important for our function day-to-day lives and for our broad-based economy.  We wanted to highlight a couple in hopes you might help spread the word about them!

MIPIM - What on earth is this?  None other than the world's largest commercial, industrial and land trade show.   Jake Cashion is the Chairman of the NC Realtors Global Network and he will be a part of a small delegation that will be in Cannes, France working to attract investment and economic development to all parts of North Carolina.  This is an important opportunity for the state and we are excited about being a small part of it.

North Carolina State Ports - have you heard all of the great news coming out of Wilmington and Morehead City and even our inland ports, one of which is in Greensboro?  One may ask why this matters to those of us in the Triad area...well, the ports "link the state's consumers, businesses and industry to world markets, and serve as magnets to attract new business and industry to the State of North Carolina.  Port activities contribute statewide to 76,000 jobs and $700 million each year in state and local tax revenue."  They are doing a tremendous job at the NC State Ports and have recently brought in the largest post-Panamax ship to Wilmington in its history...also, they are bringing in two new cranes that are literally being "shipped" across the sea as we write this, so if you or your company need a good port of call, make sure to talk with the NC State Ports!

Piedmont Triad International Airport - when we think of airports, we mainly think about personal travel and those long TSA lines...however, in the Triad region is a true gem and they are working hard every day to not only have great passenger service with limited waiting times and wonderful customer experience, but diversifying by attracting businesses that literally need to be connected to a runway.  Because of this, the airport is seeing awesome growth and having a large contribution to our local and state economy.  Recently, they hired an expert named Rick Reed and his job is to continue to leverage the airports assets, and its 5700 aerospace jobs, its $5.8 billion in annual economic impact to build out almost 1000 acres of prime real estate.  Read more about Rick and his work in this Business NC article!

These awesome assets in North Carolina ALL contribute to our economy, our lives, and our ability to see job and business growth.  Its a great North Carolina day!