Record-Breaking Private Sector Wage Growth
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%.
May 29, 2025
Category: FTZ57
Foreign Trade Zones provide a myriad of economic advantages for businesses involved in international trade. Primarily, merchandise may be assembled, manipulated, used in a manufacturing process, relabeled, repackaged, repaired, salvaged, sampled, stored, tested, inspected, cleaned, combined with other domestic or foreign materials, displayed for sale and/or reexported without payment of duty. Savings on personal property, sales and use taxes are possible since state and local governments generally do not impose such taxes on items in an FTZ. Additional savings on interest, labor and shipping costs may also result.