The Carolinas ranked in the top 10 U.S. states for manufacturing
The continuing U.S. manufacturing expansion has made many recent large-scale announcements concentrated in the Sun Belt, with North Carolina ranked number one out of all 50 states for manufacturing job announcements. The attraction of biomanufacturing and pharmaceuticals during the reshoring boom has led to significant investment in Charlotte, including Eli Lilly’s $1.0 billion investment in Cabarrus County to create an 800,000-square-foot campus delivering this year. South Carolina ranked ninth in the U.S. with announcements in the EV and battery sector. Charlotte-based Albemarle invested $1.3 billion in Chester County with a lithium processing facility delivering in 2025. As manufacturing continues to make its presence in the Charlotte region, warehouse demand is likely to increase.