The NCEast Alliance has received additional support from the Electric Cooperatives of Eastern NC. The Electric Cooperatives joined the NCEast Alliance in 2015 as an investor at the Regional Champion level. Before joining the alliance, they were strategic partners in economic development initiatives around the region. Many of the industrial EMC’s have staff members directly devoted to and involved in economic/industrial development. A recent example was the central role played by the local EMC in the location of Weitron, Inc. in Martin County.
At the June meeting of the NCEast Alliance board of directors, Eddie Stocks, Edgecombe-Martin County EMC Vice President of Member and Industrial Development, presented an additional investment of $24,000 on behalf of six EMCs – Edgecombe-Martin, Jones-Onslow, Tri County, Halifax, Tideland, Roanoke and supplemented by $1,000 check from the NC Electric Membership Cooperative.
“The electric cooperatives of Eastern NC are proud to support the rural economic development efforts throughout the region. We are pleased to renew our commitment with the NCEast Alliance and to leverage resources of our organizations to assist businesses and our communities in eastern North Carolina.” stated Eddie Stocks.
North Carolina’s Electric Cooperatives provide reliable, safe and affordable energy and related services to more than 950,000 households and businesses and 2.5 million people across the state. Affiliated electric cooperatives are private, independent and not-for-profit entities committed to providing a high standard of service for residential, commercial, industrial and agricultural customers with at-cost electric service.
“The Electric Coops of Eastern North Carolina have been wonderful economic development partners for a very long time and we especially appreciate their generous financial support of the Alliance,” said John D. Chaffee, President & CEO of the NCEast Alliance. “They provide highly reliable and competitively priced electric service to many of the region’s industries and we really benefit from their innovative approaches to serving their customers, including the provision of incentives when necessary,” Chaffee continued.
For more information about NCEast investors and partners visit our website.
The NCEast Alliance is a regional, public/private, not-for-profit, economic development corporation serving over two dozen counties with approximately or 1.4 million residents within several small metropolitan and micropolitan areas in eastern North Carolina from the fringe of the Research Triangle to the Atlantic Coast. The Alliance provides advocacy, community capacity building, marketing/lead generation, and assists companies with site location and expansion evaluations. For more information on the NCEast Alliance, visit us at www.nceast.org or visit one of our workforce development sites: