Press Releases
Industrial Hemp Processor Locates in Columbus County with $3.4 Million Investment
Carolina Botanicals, a company formed to process industrial hemp, will create 30 jobs as it establishes operations in Columbus County, North Carolina Commerce Secretary Anthony M. Copeland announced today. The company will invest $3.46 million in its new facility, located in Tabor City.
Rural Communities Receive State Infrastructure Grants to Attract 449 New Jobs and More Than $262 million in Private Investment
The North Carolina Rural Infrastructure Authority (RIA) approved 24 grant requests to local governments totaling $7,799,500, N.C. Commerce Secretary Anthony M. Copeland announced today. The requests include commitments to create a total of 1,312 jobs, 863 of which were previously announced.
Textile Manufacturer to Invest $5 Million in Eden
Gildan Yarns, a yarn-spinning company, will create 85 jobs in Rockingham County, Governor Roy Cooper announced today. The company will invest approximately $5 million to revamp and operate a new yarn spinning mill in Eden.
Aerospace Company to Invest $2.7 Million in Butner
Ontic Engineering and Manufacturing, Inc., a global aerospace company, will create 126 new jobs in Granville County, Governor Roy Cooper announced today. The manufacturer will invest $2.7 million to expand their facility in Butner.
North Carolina’s August County and Area Employment Figures Released
Unemployment rates (not seasonally adjusted) increased in 26 of North Carolina’s counties in August, decreased in 40, and remained unchanged in 34. Scotland County had the highest unemployment rate at 7.5 percent, while Buncombe County had the lowest at 3.3 percent.
Pallet Manufacturer to Invest $3.1 Million in Dunn
Pallet Consultants of North Carolina, a manufacturer and distributor of pallets, will create 50 new jobs in Harnett County, Governor Roy Cooper announced today. The company will invest $3.1 million to establish a new plant in Dunn.
North Carolina’s August Employment Figures Released
The state’s seasonally adjusted August unemployment rate was 4.2 percent, remaining unchanged from July’s revised rate. The national rate remained unchanged from July’s rate of 3.7 percent.
Global Automotive Parts Manufacturer Selects Lee County for Major Aluminum Forging Facility in North Carolina
Governor Roy Cooper announced today that Bharat Forge America, Inc. will build an aluminum forging plant to manufacture automobile components in Lee County, creating 304 jobs. The company will invest $127.3 million in Sanford.
Indian Automotive Machining Company Will Locate New Facility in Lee County
Kalyani Precision Machining, Inc. will build a new high-precision machine shop in Lee County, creating 156 jobs over five years. The company will invest $43 million to build the plant in Sanford.
Medical Supply Company to Invest $65 Million in Mebane
Medline Industries, Incorporated, a manufacturer and distributor of medical supplies, will create 250 new jobs in Orange County, Governor Roy Cooper announced today. The company will invest $65 million to build a brand-new distribution center in Mebane.
NC Commerce News
- Governor Cooper Leads Roundtable on Economic Growth and North Carolina’s Growing Workforce Initiatives
- N.C. Governor’s Award Honors Six Companies for Exporting
- North Carolina’s December County and Area Employment Figures Released
- The Nation's Largest Statewide Downtown Revitalization Conference to Convene in North Carolina
- The 2019 Film Production Season Finished Strong in North Carolina
