Target Industries
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LIGHT MANUFACTURING
North Carolina has the largest manufacturing workforce in the Southeast. Products manufactured here range from glass bottles and pet food to wall coverings and electronics. Vance County has a long heritage in manufacturing that is evolving to meet the needs of advanced and green-oriented technologies. Our industrial portfolio is diverse and includes advanced manufacturing, solar farming and textile production
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DISTRIBUTION AND LOGISTICS
Our centralized location serves as a regional business and retail hub for half a dozen counties in North Carolina and southern Virginia. With the intersection of US-1 and I-85 here, it’s easy to move products and people in every direction. Henderson and Vance County are halfway between Charlotte and Washington D.C. and halfway between Atlanta and New York City. There is CSX rail service daily with local spur options and multiple international airports and seaports in easy reach.
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LIFE SCIENCES AND BIO-SCIENCES
North Carolina has the highest concentration of Tier 1 research universities in the nation. We’re home to more than 600 life and bio-science companies employing over 60,000 people. The state’s biotechnology industry runs deep and wide with specialties from pharmaceutical manufacturing to health informatics and genetic crop engineering. This industry has grown more than 30% since 2001, creating an unrivaled cluster of companies.
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FOOD AND BEVERAGE PROCESSING
Today, nearly 1,000 food and beverage manufacturing and processing companies call North Carolina home. It’s easy to understand why. These companies benefit from a centralized location and easy proximity to essential vendors and supply chains. Companies can also control costs with local and state support and a workforce deeply experienced in food and beverage production.
LOWER COSTS, BIGGER BENEFITS.
From entry level positions to manufacturing, distribution and life sciences.
Our corner of North Carolina is an excellent home for a growing number of companies. As a regional hub less than one hour from Raleigh-Durham-Chapel Hill, Henderson and Vance County offer significant advantages. For a business with entry level jobs, we’re far enough away from the urban landscape so that entry level positions are attractive and easy to fill. We’re a strategic location for vendor and supplier companies. Our workforce is skilled in light manufacturing, food and beverage production, logistics and distribution, life sciences and bio-sciences and more.
LOWER COST OF DOING BUSINESS
The cost of living in Henderson and Vance County is 18.9% lower than the national average, with housing costs 61% below the national average (Sperling’s Best Places). Those same considerable savings apply to business. Electric and gas rates for industrial, commercial and residential customers are below the U.S. average – and local utilities have excess capacity for current and future growth. The region is served by Duke Energy for electric; PSNC for natural gas; and CenturyLink, Spectrum and other companies for broadband service. In fact, two major fiber-optic network routes converge in Henderson.
NORTH CAROLINA BUSINESS BENEFITS
North Carolina is in the top 5 in the United States for virtually every key site selection criterion. With the lowest corporate tax rate in the U.S. (3%) and top business ratings from organizations and publications ranging from Site Selection to Forbes to Ernst and Young, North Carolina is growing fast and hungry for more business success.
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