Duke Energy helps communities across North Carolina attract jobs and capital investment

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  • Duke Energy’s Site Readiness Program has helped deliver over 48,000 new jobs and $53 billion in capital investment in North Carolina since 2005.

  • In 2025, several sites were identified for Site Readiness participation

CHARLOTTE, N.C. – Duke Energy is teaming up with several North Carolina properties for inclusion in its Site Readiness Program, which prepares high-potential industrial sites for economic development investments, making the sites more competitive for companies seeking to expand or relocate their operations.

The new sites include:

  • Robin Hood in Harnett County
     
  • T&S Hardwoods in Jackson County
     
  • Bumgarner in Wilkes County
     
  • Morehead West in Cabarrus County
     
  • Granite Industrial Park Expansion in Rowan County
     
  • NCIC West in Alamance County

Zoom out

The Duke Energy Site Readiness Program includes a detailed site assessment by partners in the site selection and engineering fields to advance the site to be more competitive for future economic development opportunities. In turn, this results in new jobs and a greater tax base.

Under the program, Duke Energy works with the Economic Development Partnership of North Carolina, as well as with local economic development organizations on the overall strategy to improve and add to North Carolina’s site inventory. Large-scale economic development projects play a key role in keeping costs as low as possible by helping pay for fixed infrastructure costs that benefit all customers through capacity expansion and improvements to reliability.

By the numbers

For 21 consecutive years, Duke Energy’s economic development efforts have been recognized by Site Selection magazine in the publication’s annual list of “Top Utilities in Economic Development.” North Carolina was also recently named the top state for business and manufacturing and the top state for workforce readiness.

  • In 2025, projects that have announced their location on Site Readiness Program sites have announced nearly $16 billion of capital investments and over 16,400 new jobs for North Carolina.  
     
  • Since 2005, projects that have announced their location on Site Readiness Program sites have announced $53 billion of capital investments and nearly 48,500 new jobs for North Carolina.
     
  • Duke Energy has evaluated 175 sites in North Carolina and 92 companies have selected sites that have gone through the program.
     
  • Examples of successful program sites include Toyota Battery’s manufacturing facility in Randolph County, the U.S. Navy’s Fleet Readiness Center East in Lenoir County and BorgWarner’s new manufacturing plant in Henderson County.

What they’re saying

  • Kendal Bowman, Duke Energy’s North Carolina president: “Duke Energy is proud to help drive North Carolina’s economic growth by preparing communities to attract new jobs and investment. Our Site Readiness Program is a testament to the power of partnership and long-term vision, connecting local leaders, economic development organizations, and the state to create opportunities that benefit all North Carolinians. The addition of seven promising sites builds on this momentum, and we look forward to continuing to support North Carolina as the nation’s top state for business and manufacturing.”
     
  • Christopher Chung, chief executive officer for the Economic Development Partnership of North Carolina: "Duke Energy is an invaluable partner in North Carolina’s economic development efforts, and there’s no better example of that partnership than the Site Readiness Program. By helping identify sites that are ready for development, the program has supported projects that have brought tens of thousands of jobs to our state – lifting up families and communities across North Carolina."

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. The company’s electric utilities serve 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. 

Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage. 

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.

Contact:
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