| |
| Demographics
and Economy |
|
Our
region has today become a regional leader in commerce and industry.
Home to a diverse economy, New Hanover and Pender counties contain
a variety of industry. From fiber optics and aircraft engines to pharmaceutical
testing and plastics, Wilmington Industrial Development offers an
industrial base that is geared for the future.
The International Port of Wilmington, Wilmington International Airport,
the University of North Carolina at Wilmington, and Cape Fear Community
College combine to create a pro-active business climate. This along
with a strong work force, a responsive public education system, and
an abundance of industrial sites make Greater Wilmington a prime business
location. |
The
Greater Wilmington area ranked as the number one metropolitan
area for building permits for single-family homes per 1,000
for the 1995 calendar year, according to U.S. Housing Markets.
This high growth rate is expected to continue into the foreseeable
future.
Construction
Cost Index
The Greater Wilmington region’s predominantly flat topography
often makes construction less complicated and much less expensive.
|
| Location |
Construction
Cost |
%
of National Index Average |
| Wilmington,
NC |
101.8 |
78.9% |
| Charleston,
SC |
102.8 |
78.5% |
| Atlanta,
GA |
103.2 |
93.3% |
| Birmingham,
AL |
102.0 |
90.7% |
| Mobile,
AL |
102.9 |
84.8% |
| Charlotte,
NC |
104.2 |
79.7% |
| Raleigh,
NC |
104.0 |
80.5% |
| Richmond,
VA |
106.0 |
89.0% |
| Norfolk,
VA |
105.7 |
88.4% |
| Jacksonville,
FL |
104.0 |
84.6% |
| Jackson,
MS |
103.5 |
78.1% |
| Biloxi,
MS |
103.5 |
82.3% |
| Sioux City,
IA |
103.9 |
91.8% |
| Chattanooga,
TN |
104.3 |
82.3% |
| Dallas,
TX |
104.0 |
87.7% |
| Philadelphia,
PA |
106.7 |
117.4% |
| Trenton,
NJ |
105.3 |
114.5% |
| Green Bay,
WI |
105.3 |
102.1% |
| White Plains,
NY |
105.5 |
122.3% |
| Denver,
CO |
106.5 |
99.8% |
| San Francisco,
CA |
119.3 |
126.8% |
| Source:
Means Construction Cost Indexes, Volume 31, Number 2, April 2005.
|
|
Building
Permits
Residential building permits for December 2004 came to 2,131 with a cost of $397.4 million for
New Hanover County while commercial building permits totaled
346 with a cost of $229.1 million. Combined, these totaled
2,477 permits with a total cost of $626.5 million for New Hanover
County.
For the calendar year 2004, Pender County totaled
874 permits, both residential and non-residential, for a
total cost of $81.4 million.
Sources:
New Hanover County Inspection Office, Pender County Inspections
Office
|
| Greater
Wilmington Total Gross Retail Sales FY 2003-2004 |
| County |
Gross
Collections ($) |
Gross
Retail Sales ($) |
| New Hanover |
103,311,575 |
3,507,966,482 |
| 1% Tax |
1,258,600 |
117,341,094 |
| 2% and
3% Tax |
1,182,146 |
47,099,457 |
| Apparel |
3,538,683 |
93,292,752 |
| Automotive |
4,752,156 |
336,127,405 |
| Food |
22,757,791, |
746,526,540 |
| Furniture |
5,155,233 |
147,717,378 |
| General
Merchandise |
25,621,939 |
821,092,353 |
| Lumber
and building material |
16,976,991 |
445,643,511 |
| Unclassified |
22,068,036 |
753,125,992 |
| |
|
|
| Pender |
7,085,885 |
291,638,318 |
| 1% Retail
Tax |
67,646 |
6,950,105 |
| 2% and
3% Tax |
73,292 |
3,333,778 |
| Apparel |
225,017 |
5,519,427 |
| Automotive |
422,327 |
47,143,350 |
| Food |
2,502,843 |
95,847,552 |
| Furniture |
184,513 |
5,185,681 |
| General
Merchandise |
1,415,816 |
50,519,896 |
| Lumber
and building material |
876,223 |
40,163,878 |
| Unclassified |
1,327,208 |
36,974,651 |
| |
|
|
| Duplin |
8,595,800 |
369,926,724 |
| 1% Tax |
268,917 |
26,898,604 |
| 2% and
3% Tax |
147,288 |
7,083,466 |
| Apparel |
136,479 |
3,159,260 |
| Automotive |
1,280,603 |
77,837,460 |
| Food |
2,567,592 |
98,028,605 |
| Furniture |
340,595 |
10,025,652 |
| General
Merchandise |
2,129,419 |
92,208,565 |
| Lumber
and building material |
592,873 |
18,513,234 |
| Unclassified |
1,132,034 |
36,171,878 |
| |
| Source:
North Carolina Department of Revenue State Sales and Use Statistics |
| |
| Tourism
Industry - 2004 |
|
|
|
| |
New
Hanover |
Pender |
Duplin |
| Travel
Related Expenses (millions) |
$327.98 |
$57.99 |
$30.56 |
| Jobs related
to tourism |
5,210 |
720 |
230 |
| Annual
payroll of tourism workers (millions) |
$86.36 |
$11.66 |
$4.17 |
| Local tax
receipts (millions) |
$30.20 |
$7.07 |
$2.80 |
Source: Cape
Fear Coast Convention and Visitors Bureau, Pender Tourism,
NC Department of Commerce
For Additional Information:
www.visitnc.com
www.cape-fear.nc.us
www.visitpender.com
www.wallacechamber.com
|
| |
|
|
|
Population
(2004) |
Population
(2000) |
Population
(1990) |
Population
change
1990-2000 |
| City
of Wilmington |
94,600 |
233,450 |
171,269 |
36.3% |
| New Hanover
County |
175,000 |
160,307 |
120,284 |
33.3% |
| Pender
County |
44,820 |
41,082 |
28,855 |
42.4% |
| Brunswick
County |
83,787 |
73,143 |
50,985 |
43.5% |
| Duplin County |
51,821 |
49,063 |
39,995 |
22.7% |
| |
|
|
|
|
|
Total
Labor Force (3/05) |
Unemployment
Rate (3/05) |
| New Hanover
County |
82,940 |
3.3% |
| Pender
County |
20,594 |
4.5% |
| Brunswick County |
39,201 |
4.6% |
| Duplin
County |
24,465 |
5.5% |
|
|
| Region |
Personal
Per Capita |
Median
Household |
Median
Family |
| 2002 |
Rank |
2000 |
Rank |
2000 |
Rank |
| New Hanover
County |
29,408 |
88 |
29,890 |
79 |
45,600 |
35 |
| Pender
County |
21,720 |
74 |
35,902 |
41 |
35,902 |
11 |
| Brunswick County |
23,908 |
46 |
35,888 |
42 |
35,888 |
51 |
| Duplin County |
20,578 |
88 |
29,890 |
79 |
29,890 |
- |
| North Carolina |
27,785 |
- |
- |
- |
31,548 |
- |
|
| |
|
Major Industrial Sectors
| BIOTECH |
| Company
Name |
Product/Service |
Employees |
| Applied
Analytical Industries (AAI) |
Drug Development
Services |
740 |
| COMAR,
Inc. |
Scientific
Glassware & Acrylic Products |
45 |
| DEL Laboratories |
Health
& Beauty Products |
600 |
| IKA Works |
Laboratory,
Analytical & Processing Equipment |
50 |
| Pharmaceutical
Product Development (PPD) |
Contract
Research Organization |
880 |
| PharmaPrint |
Herbal
Dietary Supplements/Botanical Drugs |
10 |
| YMC |
HPLC Columns |
12 |
| Further
Information for Bio-Pharmaceutical Industry |
| CHEMICAL
INDUSTRY |
| Company
Name |
Product/Service |
Employees |
| American
Distillation |
Distilled
Ethanol Alcohol |
118 |
| Archer
Daniels Midland |
Citric
Acid |
150 |
| Dak Americas
(formerly DuPont) |
Terephthalic
Acid, Dacron Polyester |
900 |
| Fortron
Industries |
Chemicals |
45 |
| Southern
States Chemical |
Sulfuric
Acid & Alum |
20 |
| Invista |
Dimethyl
Tereohthalate, Terate Resins |
300 |
| Murphy
Brothers Milling Co. |
Fertilizer
& Agricultural Chemical Milling |
5 |
| Elementis Chromium |
Sodium
Bichromate, Chromic Acid |
170 |
| Praxair,
Inc. |
Liquified
Nitrogen, Oxygen & Argon |
16 |
| Royster/Clark,
Inc. |
Fertilizer |
20 |
| Wright
Chemical Corporation |
Formaldehyde |
100 |
| CONSTRUCTION |
| Company
Name |
Product/Service |
Employees |
| APAC |
Highway
& Street Construction |
100 |
| Atlantic
Diving & Marine |
Marine
Construction |
25 |
| Burton
Steel |
Steel Fabricator
& Distributor |
30 |
| CSI/WoodTec |
Vacuum
Pressure Wood Treating Equipment |
10 |
| Chadsworth
Columns |
Wooden
& Fiberglass Columns |
10 |
| Chemtex
(sub'y of Mitsubishi) |
Design
& Engineering of Polyester Facilities |
50 |
| Concrete
Service Company |
Concrete |
45 |
| Cardinal Metal Works |
Electronic
Calibrated Metals |
60 |
| Hanover
Iron Works |
Sheet Metal
Fabricator & Distributor |
33 |
| John S.
Clark |
Construction |
50 |
| LL Building
Products |
Residential
Ventilation & Skylights |
300 |
| Louisiana-Pacific |
Laminated
Veneer Lumber and Wooden I-Joists |
250 |
| Martin
Marietta |
Crushed
Stone |
33 |
| National
Gypsum |
Gypsum
Wallboard |
80 |
| National
Welders Supply |
Industrial
& Medical Gases |
22 |
| Nunalee
Lumber Company |
Wood Mouldings |
6 |
| Southern Industrial Constructors |
Crane Rental
& Industrial Construction |
35 |
| Porta-Nails |
Hardwood
Nails, Woodworking & Nailer Machines |
41 |
| Queensboro
Steel (sub'y of Metals USA) |
Steel Fabricator
& Distributor |
50 |
| S&G
Prestress Company |
Prestressed
Concrete Products |
70 |
| Terex/American
Crane |
Lattice
Boom Cranes |
100 |
| Adams Products |
Concrete
Block |
17 |
| Twisdale
Manufacturing |
Nail &
Steel Products |
35 |
| Wilmington
Iron Works |
Plate &
Sheet Steel Fabricating |
17 |
| Wilmington
Materials |
Concrete,
Sand & Gravel |
35 |
| MARINE
TRADES |
| Company
Name |
Product/Service |
Employees |
| Bennett
Brothers Yachts, Inc. |
Custom
Yacht Building & Repair |
35 |
| Dean Hardwoods |
Importers
of Fine Hardwood & Lumber |
30 |
| De Mann
Marine Power |
Diesel
Engines & Generators |
|
| Dixie's
Marine Canvas |
Canvas
Boat Covers |
3 |
| Henry McKee
& Sons |
Custom
Boat Building & Repair |
2 |
| Newell
Davis Co. |
Marine
Hardware/Rigging & Safety Equipment |
|
| Sea Mark
Boats, Inc. |
Fiberglass
Fishing Boats |
5 |
| Sturdy
Controls/Sturdy Marine |
Electronic/Electro-mechanical
Control Devices |
130 |
| Transmatic |
Dust control |
|
| Wetsig
Yachts |
Yachts |
4 |
| PACKAGING
& EQUIPMENT |
| Company
Name |
Product/Service |
Employees |
| Atlantic
Packaging Corp. |
Industrial
Packaging Equipment/Materials |
65 |
| Bolivia
Lumber |
Paper Mill
Skids/Lumber |
15 |
| Container
Products Corp. |
LSA Metal
Containers |
75 |
| Corbett
Package Company |
Wooden
Produce Crates |
50 |
| Coverbind
Corp. |
Thermal
Binding Units & Document Covers |
17 |
| Enhanced
Presentations |
Leather
& Wooden Presentation Cases |
17 |
| Horton
Iron & Metal Company |
Industrial
Container Service |
22 |
| Oracle
Packaging |
Folding
Cartons |
175 |
| S&R
Packing and Crating |
Export
Packing & Crating |
24 |
| South Atlantic
Services |
Contract
Packaging |
50 |
| Sun and
Surf Containers |
Corrugated
Boxes & Packaging Material |
15 |
| Wilmington
Box Company |
Corrugated
Boxes |
26 |
|
| |
| NEW
HANOVER COUNTY'S TEN LARGEST TAXPAYERS (2003) |
| Company |
Type of
Business |
Assessed
Valuation |
Tax
Levy |
| Progress
Energy |
Utility |
245,772,713 |
1,671,254 |
| Corning |
Manufacturer |
171,990,512 |
1,169,535 |
| General Electric Aircraft |
|
43,488,996 |
295,725 |
| General Electric Co. |
|
46,806,775 |
318,286 |
| Total General Electric |
Manufacturer |
90,295,771 |
614,011 |
| BellSouth |
Utility |
87,214,883 |
593,061 |
| UDRT of North Carolina |
Real Estate |
59,166,523 |
402,332 |
| Global Nuclear Fuel Americas |
Manufacturer |
55,935,622 |
380,362 |
| Arteva Specialities dba KOSA |
Chemical manufacturer |
41,403,744 |
281,545 |
| Independance Shopping Mall |
Real Estate |
38,190,448 |
259,695 |
| Elementis Chromium |
Chemical
manufacturer |
35,063,796 |
238,434 |
| Developers Diversified Corporation |
Real Estate |
22,452,550 |
152,677 |
| Source:
New Hanover County approved budget 2004-2005
|
|
PENDER
COUNTY'S TEN LARGEST TAXPAYERS (June 30, 2004) |
| Company |
Type of
Business |
Assessed
Valuation |
Tax
Levy |
| Takeda |
Chemicals |
$22,069,074 |
0.86% |
| Sustainable
Forests |
Forestry |
17,284,344 |
0.67% |
| Four County
Electric Membership |
Utility |
22,468,481 |
0.88% |
| Bellsouth |
Telephone |
19,248,927 |
0.75% |
| LL Building
Products |
Building
Materials |
13,786,076 |
0.54% |
| Carolina
Power & Light |
Utility |
13,761,943 |
0.54% |
| Del Labs,
Inc. |
Chemicals |
7,151,362 |
0.27% |
| Quarter
M Farms |
Farming |
5,088,435 |
0.19% |
| Sustainable
Forests |
Forestry |
4,990,880 |
0.19% |
| Surf City
Plaza |
Real Estate |
4,337,876 |
0.16% |
| | |
