Press Releases

Cummins-Meritor to expand its manufacturing facility in Henderson County, N.C. with $17 million investment

SteriTek, a contract sterilizer, will create 50 new jobs in Alamance County, Governor Roy Cooper announced today. The company will invest $59.9 million to build an East Coast sterilization facility in Burlington.

The state’s seasonally adjusted August 2022 unemployment rate was 3.5 percent, increasing 0.1 of a percentage point from July’s revised rate. The national rate increased 0.2 of a percentage point to 3.7 percent.

SunTree Snack Foods will create 94 new jobs in Wayne County, Governor Roy Cooper announced today. The company will invest $10.1 million to establish an East Coast manufacturing site in Goldsboro.

BIOPHIL Natural Fibers, a manufacturer of organic raw materials, will create 41 new jobs in Robeson County, Governor Roy Cooper announced today. The company will invest more than $10.9 million to locate a new processing operation to Lumberton.

Wolfspeed, Inc., a leading manufacturer of Silicon Carbide semiconductors, will create more than 1,800 new jobs in Chatham County by 2030, Governor Roy Cooper announced today. The company will construct a manufacturing campus for the production of Silicon Carbide materials with an investment

Sunlight Batteries USA Inc., a manufacturer of lithium-ion and other high-performance batteries, will invest $40 million to expand its North Carolina operations into Alamance County, Governor Roy Cooper announced today. The company will create more than 130 jobs in its new facility in Mebane.

Live Oak Bank, a digitally-focused bank, will create 204 new jobs in New Hanover County, Governor Roy Cooper announced today. The company will invest $25 million in Wilmington to expand its campus and workforce to support the financial needs of American small business owners.

Designated North Carolina Main Street and Small Town Main Street communities received more than $439.9 million in local private and public investment, welcomed more than 300 new businesses and 1,900 new jobs to its downtown districts during Fiscal Year 2021-2022, the N.C.

Local governments in North Carolina’s rural areas can once again apply for support from the Rural Transformation Grant Fund, a unique grant program from the Department of Commerce that helps communities overcome challenges that limit their economic competitiveness.