North Carolina’s multi-year strategic economic development plan enters its next stage of implementation today with the creation of a new position in the North Carolina Department of Commerce devoted to addressing the insufficient supply of high quality and affordable child care in North Carolina.
Press Releases
This year, Governor Roy Cooper announced 14,114 new jobs in North Carolina, representing 134 business recruitment, expansion, or rural development projects that engaged with the North Carolina Department of Commerce or its team at the Economic Development Partnership of North Carolina.
The North Carolina Rural Infrastructure Authority (RIA) has approved 10 grant requests to local governments totaling $2,080,000, Governor Roy Cooper announced today.
DMA Industries, LLC, a supplier of aftermarket automotive and heavy duty replacement parts, will expand and modernize its distribution operations in Columbus County, creating 21 jobs, Governor Roy Cooper announced today. The company will invest $1.27 million in its warehouse and distribution
Today, Governor Cooper announced that Millwork & Panel LLC, a residential siding manufacturer, will create 48 new jobs in Catawba County. The company will invest more than $14.3 million over the next three years to expand its vinyl siding operations in the City of Claremont.
Unemployment rates (not seasonally adjusted) increased in 84 of North Carolina’s counties in October 2023, decreased in five, and remained unchanged in 11. Scotland County had the highest unemployment rate at 5.9 percent while Swain County had the lowest at 2.6 percent.
The North Carolina Department of Commerce released the county tier designations for 2024 today. The designations, which are mandated by state law, play a role in several programs that assist in economic development.
Dai Nippon Printing Co., Ltd. (DNP), a lithium-ion battery pouch manufacturer, will create 352 new jobs in Davidson County, Governor Roy Cooper announced today. The company will invest $233 million to build its first U.S. advanced manufacturing facility in the City of Linwood.
The state’s seasonally adjusted October 2023 unemployment rate was 3.4 percent, unchanged from September’s revised rate. The national rate increased 0.1 of a percentage point to 3.9 percent.