Plastics & Chemicals

Since 2010, North Carolina’s plastics and chemicals industries are growing 50% more than the national average—culminating in 75,000+ industry jobs, or the fifth-largest industry workforce in the U.S.

Meet some of the plastics and chemicals companies doing business in North Carolina:

BASFDAK AmericasDowDuPont

Georgia-PacificKaoMcTronNyPro

PPGTechnimark

North Carolina is known for having the right formula for business success.

Our low tax burden and highly educated workforce solidify North Carolina’s place as a state that’s prime for investment. But those are just a couple of reasons plastics and chemicals companies are attracted to North Carolina. Here are some of the many others:

Competitive advantages

Competitive advantages

  • The lowest corporate income tax rate in the U.S.
    • 3% corporate tax rate
    • NC is ranked No. 1 for lowest state and local tax burden in the United States by Ernst & Young and the Council on State Taxation
  • The highest concentration of Tier 1 research universities
    • Three within 25 miles of one another:
      • Duke University
      • The University of North Carolina at Chapel Hill
      • North Carolina State University
    • All three contribute to local businesses by:
      • Feeding the workforce pipeline
      • Creating and maintaining industry partnerships
      • Fueling an innovative business environment
  • Reliable, low-cost electricity
    • NC’s average industrial electricity rate is more than 8% lower than the national average
Workforce

Workforce

  • An educated and highly trained workforce
    • Three Tier 1 research universities
    • 125 public and private colleges and universities across the state
    • NC’s 58-campus community college system offers a variety of training and classes within 25 miles of every resident in the state
  • Large, diverse and growing industry workforce
    • 75,000+ plastics and chemicals industry workers
    • NC has the fifth-largest and fourth most-highly concentrated workforce in the U.S.
    • Workforce growth of 9.2%, 1.5 times the national average, from 2010-2015
  • Customized training programs
    • NCWorks, the state’s comprehensive workforce development platform, offers customizable training for new and existing businesses in the state
Research infrastructure

Research infrastructure

  • Polymers Center of Excellence
    • North Carolina non-profit created to increase knowledge, provide technical support and assist in developing emerging plastics-industry technology
  • Society of Plastics Engineers
    • SPE is the world’s largest professional society for plastics
    • Keeps members up to date on new technologies and developments in polymers
    • Organizes local industry facility/plant tours, networking events and technical meetings