Quarterly news from DCEDC
The DCEDC is a collaborative public-private organization engaged in existing industry expansion services as well as new industry location services to grow and diversify the Davidson County economy.
The Davidson and Davie Apprenticeship Consortium is off to a fast start. Companies from both counties have been collaborating with Davidson County Community College to establish program details and curriculum. The Consortium has developed a Memorandum of Understanding, outlining company membership requirements as well as apprenticeship requirements and benefits. DCEDC and the Davie County EDC are providing administrative and other support to the Consortium. We believe this initiative will be transformational, leveraging the strengths of private industry, education and government to create and maintain a focused, sustained career path in manufacturing professions necessary to the continued growth of our existing industries, as well as attracting new advanced manufacturing firms.
If your company is interested is learning more about the Davidson & Davie Apprenticeship Consortium, please contact DCEDC.
Foreign-direct investment and US relocation activity have slowed over the past two months largely due to uncertainties in workforce acquisition, rising interest rates, upcoming elections, continuing trade tariff posturing and recession fears. The US jobless rate fell to 3.7% in September, the lowest since 1969. However the jobless rate, including the underemployed, is believed to still be above 8%. Over 2.9 million people live within a 15-45 minute drive of a Davidson County employer, representing a labor force that exceeds 1.5 million.
The DCEDC website www.davidsoncountyedc.com is an excellent resource for information about Davidson County (and North Carolina), listings and assistance in locating industrial sites and buildings, and as a one-stop source for links important to business and industry. Please visit and let us know if there is additional information that would be valuable to your business or industry sector.
As always, we’d like to hear from you – manufacturing and related industries across the country are being faced with multiple challenges. DCEDC would like to help be part of the solution to any roadblock of your continued growth . Give us a call or send an email to schedule a meeting at your facility so we can hear your voice.
Craig & Ree