Press Releases

Pratt & Whitney, a division of Raytheon Technologies Corp. (NYSE: RTX) plans to invest approximately $650 million and create 800 jobs through 2027 in Asheville, Governor Roy Cooper announced today.

The state’s seasonally adjusted September unemployment rate was 7.3 percent, increasing 0.8 of a percentage point from August’s revised rate. The national rate decreased 0.5 of a percentage point to 7.9 percent.

RMC Advanced Technologies, Inc. (“RMC”), a manufacturer of molded plastic and composite parts, will develop a new manufacturing operation in Newton, Governor Roy Cooper announced today. The company will invest to expand a facility previously used for plastics manufacturing. 

The North Carolina Rural Infrastructure Authority (RIA) has approved 16 grant requests to local governments totaling $4,511,075, Governor Roy Cooper announced today.

Hamilton Drywall Products, a manufacturer of drywall finishing products, will create 34 new jobs in Union County, Governor Roy Cooper announced today. The company will invest $5 million to locate a regional headquarters and production facility in Monroe.

UPS, the multinational package delivery and supply-chain management company, will undertake a significant expansion to its North Carolina presence with the addition of 592 jobs in Guilford and Alamance counties, Governor Roy Cooper announced today.

Benestar Brands, an international snack food manufacturer, will create 129 jobs in Cleveland County, North Carolina Governor Roy Cooper announced today. The company will invest $24 million to establish a new production facility in Kings Mountain.

Applications are now being accepted for a new round of grantmaking from the One North Carolina Small Business Program, a key source of capital for North Carolina’s technology companies.  The program, administered by the North Carolina Board of Science, Technology, & Innovation (Board) an

Triple Aught Design, a US-based adventure gear company, will create 70 new jobs in McDowell County, Governor Roy Cooper announced today. The manufacturer will invest $1 million to build and operate a cutting-edge apparel and gear production facility and experience center in Old Fort.

Merchants Distributors, LLC, a wholesale grocery distributor founded in Hickory in 1931, will invest $120 million to expand its services and operations, creating 111 jobs, Governor Roy Cooper announced today.