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GE-Hitachi promises 900 new jobs for N.C.

Sunday, May 04, 2008

GE-Hitachi Nuclear Energy could receive more than $25 million in state incentives to create 900 jobs at its campus near Wilmington, Gov. Mike Easley's office says.

The company, a joint venture of General Electric (NYSE: GE) and Hitachi (NYSE: HIT), already employs more than 2,000 people in New Hanover County. The expansion would add manufacturing, training, simulation and testing facilities at GE-Hitachi's 1,300-acre campus.

Workers in the new jobs will be paid an average of $85,000 a year, plus benefits, Easley's office says. That's more than double the New Hanover County average of $33,226.

Source: Triangle Business Journal

Wilmington jobs

Organization Ranks Wilmington High in Workforce Additions

Saturday, February 16, 2008

A new report concludes these are boom times for the Wilmington area when it comes to job growth.

The non profit Milkin Institute in Los Angeles, ranks Wilmington second in the nation when it comes to additions to the workforce. A 2005 survey by the same group had Wilmington ranked 59th. General Electric and Invista are among the local companies adding new workers.

John Hinnant of Wilmington Downtown Inc. Also gives credit to the city's historic charm and the growth of businesses in the downtown area, including PPD. Hinnant says investors and developers are starting to take notice of the city's potential. "They see us on the verge of great growth. We've had a lot of interest from outside developers and investors looking to come to Wilmington and start projects because they know the quality of life is strong here. They know we are a magnet for corporations looking to establish offices in this area, and build their work force," explained Hinnant.

December's Money Magazine also has a pat on the back for Wilmington's economy, stating the housing market here is, to use their word, sizzling.