NCGrowth prepared an in-depth report examining how communities with large automotive manufacturers can benefit from economic growth. Broadly, the report finds that local chambers of commerce should work with the large manufacturer to design workforce development programs and support local businesses via the supply chain. By developing symbiotic relationships between new and existing businesses, communities can ensure that the economic gains brought by the arrival of new, large employers are also distributed to local firms and residents.
Read the report > https://kenaninstitute.unc.edu/wp-content/uploads/2023/09/Economic-Development-Strategies-Updated.pdf
