Press Releases

Most North Carolina small businesses remain open but have seen revenues decline in the face of the COVID-19 pandemic, according to results from a new survey of North Carolina small businesses released today by the Department of Commerce.  The report also shows more than half of the responden

Governor Roy Cooper announced today that Adverum Biotechnologies, Inc., a California-based gene therapy company targeting unmet medical needs in ocular and rare diseases, will invest $82.8 million for a new gene therapy manufacturing facility in Durham County.

Unemployment rates (not seasonally adjusted) increased in 76 of North Carolina’s counties in November, decreased in six, and remained unchanged in 18. Scotland County had the highest unemployment rate at 10.5 percent while Watauga County had the lowest at 4.2 percent.

American Fuji Seal Inc, part of Japan’s Fuji Seal International, will establish new production operations in Catawba County that will employ up to 101 workers by 2025, Governor Roy Cooper announced today. The packaging solutions provider plans to invest $52 million at its new site in Hickory.

Intercontinental Capital Group Inc, a direct mortgage lender specializing in single-family residential properties, will significantly expand its Charlotte operations, adding 500 jobs over the coming five years, Governor Roy Copper announced today.

The state’s seasonally adjusted November unemployment rate was 6.2 percent, remaining unchanged from October’s revised rate. The national rate decreased 0.2 of a percentage point to 6.7 percent.

Taysha Gene Therapies, Inc. (Nasdaq: TSHA), a patient-centric gene therapy company, has selected Durham as a site for its gene therapy manufacturing facility, Governor Roy Cooper announced today.

The North Carolina Rural Infrastructure Authority (RIA) has approved 30 grant requests to local governments totaling $12,969,015, Governor Roy Cooper announced today. The requests include commitments to create a total of 839 jobs, 464 of which were previously announced.

Huvepharma, Inc., a global biomanufacturer, will expand its poultry vaccine plant in Scotland County, Governor Roy Cooper announced today. The company will invest $1.9 million and add 10 new jobs as it expands its Maxton facility to include more manufacturing and warehouse space.

Integro Technologies Corp., an industrial automation company, will create 30 new jobs, over five years, in Rowan County with a $2.67 million investment for additional assembly, logistic solution prototyping and manufacturing space in Salisbury, Governor Roy Cooper announced today.