NC exports top $15 billion in first half of 2014
North Carolina exports topped $15 billion during the first half of 2014, an increase of 2.7% over the same period in 2013, according to a press release from Gov. Pat McCrory's office.
“Exports have not only increased for our traditional industries, such as textiles and food, but also for many of our newer industries as well,” said Sharon Decker, secretary of the N.C. Department of Commerce.
One of the new industries is wood pellets, benefiting after the European Union mandated that 20% of the region's energy come from renewable sources by 2020. Six wood-pellet production plants are now open or in development, including four owned by Bethesda, Md.-based Enviva LP, which is also constructing two storage domes at Port of Wilmington.
In our July issue, contributing writer Lee Weisbecker examines this growing industry, which environmentalists view as a threat to North Carolina woodlands.