Economy

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Labor Force

Labor Force (county)

 

April 2013

July 2010

July 2005

Labor Force

92.457

88,447

80,021

Employed

85,151

78,432

76,168

Unemployed

7,306

10,015

3,853

Percent Unemployed

7.9 %

11.3 %

4.8 %

Source:  North Carolina Employment Security Commission (Labor Market Information)

For more information, see:

County Workforce Detailed Reports
Cabarrus Economic Development Corporation
Employment Security Commission Data

 

Labor Force (City of Concord)

 

 

April 2013

Jan 2009

July 2005

Labor Force

39,492

37,131

30,892

Employed

37,174

34,242

29,510

Unemployed

2,318

2,889

1,382

Percent Unemployed

5.9 %

7.8 %

4.5 %

 Source:  North Carolina Employment Security Commission (Labor Market Information)

 

Recruitable Labor (county)

 

Persons

Employment Security Commission Job Applicants (January 2011)

8,262

High School Graduates   (Statistical Profile 2010)

1,627

High School Graduates Entering Labor Market (2006)

137

 

Rowan Cabarrus Community College Enrollment

20,700 (mostly part-time)

 

Financial Institutions

Banks

Bank of America

Cabarrus Bank & Trust

Farmers & Merchants Bank

Fifth Third Bank

First Bank

First Citizens Bank

SunTrust Banks

Wachovia/Wells Fargo

Industrial Revenue Bond Authority

Yes

 

Tourism

Local Tourism Agency

Cabarrus County Convention & Visitor’s Bureau

Number of visitors per year

Over 15 million

 

Economic Development Programs

County Economic Development Corporation

Cabarrus Economic Development Corporation

Chamber of Commerce

Cabarrus Regional Chamber of Commerce

Downtown

Concord Downtown Development Corporation

 

Regional Partnership

Charlotte Regional Partnership

Founded in 1992, the Charlotte Regional Partnership is a nonprofit, public/private organization dedicated to economic growth and prosperity in Charlotte USA – a region of 2.2 million people in twelve counties in North Carolina and four counties in South Carolina .

Regional Profile from the Charlotte Regional Partnership

Charlotte Regional Partnership Website

 

Industrial and Business Parks in Concord

Industrial Park

Type

Acres

Location

International Business Park

Heavy and Light Industrial

515

Exit 55 at I-85

Airport Business Park

Light Industrial

32

Airport area

Westwinds Business Park

Heavy and Light Industrial

122

Airport area

Favoni Corp Center Business Park

Light Industrial

70

Airport area

Oakmont Industrial Park

Light Industrial

57

Airport area

Christenbury Farms

Business

153

Airport Area

Poplar Pointe Industrial Park

Light Industrial

66

Airport area

Ervin Industrial Park

Heavy Industrial

31

Poplar Tent Road

King’s Grant Business Park

Business

157

Weddington Road near Rocky River

King’s Grant NE Business Park

Light Industrial / Business

71

Pitts School Road at Weddington Road

Carpenter Industrial Park

Light Industrial

37

US Hwy 29

River Oaks Heavy Industrial 146 Derita Rd & Poplar Tent Rd

Cab-Con Industrial Park

Heavy Industrial

23

Off Cabarrus Ave

Wilshire Industrial Park

Light and Heavy Industrial

40

US Hwy 601 at Wilshire Ave

Concord Business Park

Business and Light Industrial

79

US Hwy 601 at Wilshire Ave

Webb Industrial Park

Business and Light Industrial

26

US Hwy 601 at Wilshire Ave

Charlotte Motor Speedway Industrial Park

Light and Heavy Industrial

71

Speedway area

MotorSports Industrial Park

Light Industrial

140

Stough Road near NC Hwy 49

601 By - Pass Business Park

Industrial

109

US Hwy 601 Bypass

Speedrail Industrial Park

Industrial

141

NC Hwy 49

Copperfield Business Park

Business

290

Copperfield Blvd near Exit 60 at I-85

Earnhardt Interchange Business Park

Business

167

Earnhardt Blvd near Exit 60 at I-85

Cabarrus Executive Business Park

Business

29

Lake Concord Road at I-85 overpass

Moss Creek Business Park

Business

65

NC Hwy 73

Dogwood Properties

Industrial

259

NC Hwy 73 at I-85 exit 55

 

Largest Employers in Concord (private and public sectors) 

Company 

Employees

Industry

Carolinas Medical Center - Northeast

4500

Medicine

Cabarrus County Schools

3800

School system

Cabarrus County Government

950

Government

City of Concord

901

Government

Connextions (an Optum Company)

900

Insurance distribution

S&D Coffee and Tea

800

Coffee and tea products

North Carolina Government

770

Government

Sysco Foods

510

Packaged foods

ACN

500

Marketing of products and services

Great Wolf Lodge & Resort

500

Hotel, entertainment

Hendrick Motorsports

500

Motorsports

Rousch Fenway Racing

475

Motorsports

Perdue Products

404

Poultry processing

Cabarrus Family Medicine

330

Medicine

Embassy Suites

314

Hotel

DNP IMS America Corp

265

Thermal transfer printing ribbons

First Assembly

245

Christian services

Legrand/Pass and Seymour

225

Electrical switches

Cabarrus Health Alliance

220

Medicine

Celgard

200

Microporous membranes for lithium batteries

Source:  Cabarrus Economic Development Corporation

 

Foreign Companies in Cabarrus County

Name     

Industry Description

Country

Employees

HMS Host

Restaurant Management

Italy

230

Legrand Pass & Seymour

Electrical Wiring Devices

France

225

Dai Nippon , IMS (America) Corp.

Fax & Bar Code Ribbons

Japan

265

Oiles America

Oil-less & Plastic Bearings

Japan

85

Pregel America

Gelato Products

Italy

50

Kask America, Inc.

Helmets, Bicycle

Italy

35

Oldcastle Precast, Inc.

Concrete Products

Ireland

30

Brown & Miller Racing Solutions, LLC

Automotive Racing and Hose Manufacturing

United Kingdom

15

Pilgrim's

Poultry Processing

Brazil

15

Superfici America

Machinery Sales

Italy

12

Sandard Aero

Helicopter Service

United Arab Emirates

8

Sunbelt Rentals Inc.

Equipment Rentals

United Kingdom

8

Finnord North America Corp

Motor Vehicle Supplies and New Parts

Italy

3

Thomas Concrete

Ready Mix Concrete

Sweden

3

Werner Mathis USA, Inc.

Laboratory Coating Equipment

Switzerland

2

Schubert and Salzer, Inc. USA

Control Systems

Germany

2

Authorgen Technologies

IT Services

India

1

Kajo America, LLC

Grease, Oil, Color Paste Wholesale

Germany

1