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A critical shortage of development-ready industrial sites is pushing states to invest hundreds of millions of dollars in product development. These proactive efforts aim to enhance the developability and speed-to-market of industrial property, ultimately attracting capital investment and job creation. Site Selection Group regularly monitors these investments, and this article will explore the current landscape of product development funding across the U.S.
What is Product Development?
Product development refers to the proactive efforts of states, utilities, or other economic development entities to enhance the developability and marketability of their assets. Although product development is all encompassing of real estate, workforce, downtown revitalization, etc., the term is most often used in economic development circles to refer to strategic investments in industrial properties, where it has become synonymous with the concept of “site readiness.”
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Record numbers of new businesses and industries have registered in Caldwell: 250-500 each year since 2018. The CCC&TI Business Center is ready to assist.
NC has increased production of renewables by nearly 52%, double the average of all 50 states
Caldwell County ranked 20th out of North Carolina’s 100 counties for wage growth in 2023. Since 2015, wages have grown an impressive 51.5%.
Explore the Caldwell County Itinerary for food, shopping, highlights, lodging and adventures! We invite locals and visitors to delight in the journey and the destination.
Caldwell County has the most extensive collection of permanent public outdoor sculptures per capita in the U.S. Our annual Sculpture Celebration is the largest in the South.
Powered by an economy that has hit its stride and turbocharged by a track record of innovation, Caldwell County is the best of NC.
CCED works closely with CCC&TI and local manufacturers to meet the workforce needs of employers.
The Blue Ridge foothills, Pisgah National Forest and Wilson Creek are our playgrounds for biking, off-roading, watersports, hiking, hunting, fishing and camping.
Caldwell County is building on its historic manufacturing legacy while embracing the industries of tomorrow. With affordability, a strategic location, and a skilled workforce, the county is a prime destination for business growth and investment.
Move right into one of our existing manufacturing buildings. The infrastructure is in place and a trained workforce is ready.
Explore scenic vistas, historical sites, art, breweries, wineries, eateries and more along this world famous route.
This is where the event information goes
Caldwell County would like to recognize our county's manufacturers during Manufacturing Week, Oct 2nd-Oct 6th, 2026. Below is a list of local events in support of our manufacturing industry.
Golf Tournament - Country Club - Tuesday, Oct 3rd - 8am to 4pm
Business Luncheon - Restaurant - Wednesday, Oct 4th - 11:30am to 1:30pm
Facility Tours for HS Students - Thursday, Oct 5th - 8am to 4pm
Whether we’re celebrating art, butterflies, blackberries, BBQ or wine, the calendar is full of Southern charm.
Life in Caldwell County can be full of adventure. Spend the day exploring parks, mountains, whitewater rafting, kayaking, hiking and biking.
