Print
WilmingtonBiz Magazine

Letter From The Editor: Watershed Moments

By Vicky Janowski, posted Sep 26, 2019
Vicky Janowski, editor
It’s 9:12 a.m. Sept. 16.
 
In about three hours we send to this issue off to the printers.
 
Four or so hours later, the New Hanover County commissioners will take up a resolution about whether to explore a sale – or some other form of management shakeup – of New Hanover Regional Medical Center, the region’s largest employer and a major driver of the local economy.
 
That’s the reason this issue – with our annual economic development and innovation focus – doesn’t include a feature on arguably the most pressing economic choice facing the region: whether to sell the county-owned health system to an outside player.
 
It’s an inconvenient time to go to press.
 
The resolution is expected to pass as a majority of the five county commissioners have already expressed their intentions to see what the market will offer. But you never know in politics.
 
So instead we’ll have to cover it as it comes (check wilmingtonbiz.com for updates).
 
There have been other watershed moments in Wilmington’s economic history worth noting.
 
There was the day in 1955 when officials with the Atlantic Coast Line Railroad said they planned to move their headquarters from Wilmington to Jacksonville, Florida. The wakeup call led to the creation of the Committee of 100, the predecessor to Wilmington Business Development, and helped attract Corning and GE, among others.
 
There was the Great Recession, when the housing bubble burst reminded us again about the need to diversify the area’s economy.
 
There was the first day of school for 238 freshmen in 1946 for what would become Wilmington College and then the University of North Carolina Wilmington, which this fall saw a record enrollment of 17,499 students.
 
There was the moment Frank Capra Jr. saw a photo of Orton Plantation, setting in motion the 1984 movie Firestarter and the eventual film industry build up in Wilmington (later followed by the state legislature’s vote in 2014 to jump out of the film tax incentives fray and to a grant program that limited competitiveness with other states.)
 
There was June 29, 1990, when the stretch of Interstate 40 to Wilmington opened, bringing a boost in new companies locating to the Port City and logistics connections for the port itself.
 
There have been big moments and numerous small decisions in between that have shaped Southeastern North Carolina and its economy, and those will continue.
 
But Sept. 16 likely isn’t one of them. That future watershed date is still to be determined when the county commissioners decide what to do – or not to do – with the future of NHRMC.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign2 9202334730

Best in the State: Providing Quality Care to Medicare and Medicaid Patients Allows Novant Health New Hanover Regional Medical Center to Reinvest in Community

Novant Health - New Hanover Regional Medical Center Novant Health
Cfss headshots parker robert webversion 21422121214

The Latest Solar Scams and What You Can Do to Help Stop Them

Robert Parker - Cape Fear Solar Systems
Web awstaffpic2020 1 132245438

The 2024 Luncheon for Literacy featuring Special Guest Jason Mott

Alesha Edison Westbrook - Cape Fear Literacy Council

Trending News

City Club, Event Center On The Market For $7.5 Million

Emma Dill - Apr 16, 2024

Wilmington Tech Company Tapped For Federal Forestry Contract

Audrey Elsberry - Apr 15, 2024

Commercial Real Estate Firm Promotes Adams, Mitchell To Vice President Roles

Staff Reports - Apr 16, 2024

New Hanover Industrial Park To Get $3.3M In Incentives For Expansion, New Jobs

Emma Dill - Apr 15, 2024

Gravette Named Executive Director Of Nir Family YMCA

Staff Reports - Apr 16, 2024

In The Current Issue

Bootstrapping A Remote Option

Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...


Funding A Food Oasis: Long-awaited Grocery Store Gains Momentum

With millions in committed funding from New Hanover County and the New Hanover Community Endowment, along with a land donation from the city...


Taking Marine Science On The Road

“My mission and my goal is to take my love of marine science, marine ecosystem and coastal ecosystems and bring that to students and teacher...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season