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EDC reports strong 2025 pipeline and cites Spencer facility among wins
Summary
Rowan Economic Development Corporation reported a 25% jump in qualified projects, nearly 1,800 new jobs in 2025 and $534 million in new investment; the EDC credited a recent Spencer site announcement for part of the gains and described ongoing workforce supports for PCA-affected employees.
Scott Shelton of the Rowan Economic Development Corporation briefed the Board on the EDC’s end-of-year metrics and December highlights. Shelton said the EDC fielded about 132 qualified projects in the past 12 months (a roughly 25% increase over the prior period) and noted the organization’s five‑year pledge to create or attract 3,000 jobs and $500 million in investment. For 2025 specifically he reported nearly 1,800 new jobs versus an annual…
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