The Rural Infrastructure Authority (RIA) has approved 12 grant requests to local governments totaling $1,858,000, Governor Roy Cooper announced today. The requests include commitments to create a total of 385 jobs, 275 of which were previously announced.
Press Releases
Today, Governor Roy Cooper announced that Wieland, a global copper manufacturer, will add 50 new jobs and invest more than $27 million in expanding its production facility in Pine Hall.
The North Carolina Department of Commerce has announced the county tier designations for 2025. The designations, which are mandated by state law, play a role in several programs that assist in economic development.
Eighteen counties will change tier designations for 2025.
Unemployment rates (not seasonally adjusted) increased in 91 counties in October 2024, decreased in three, and remained unchanged in six. Buncombe County had the highest unemployment rate at 8.8 percent while Currituck County had the lowest at 2.6 percent.
The Division of Employment Security (DES) continues to support people in 39 counties and the Eastern Band of Cherokee Indians of North Carolina who have been impacted by Hurricane Helene through disaster-related unemployment assistance.
Today, Governor Roy Cooper announced that 21st Century Software Technologies, Inc. (21CS), a global software development company, will create 25 new jobs in Carteret County. The company will invest $455,000 to relocate its headquarters to Morehead City.
Governor Roy Cooper today announced that 19 rural local governments across North Carolina will receive funding to support key economic development projects.
Provalus, an information technology outsourcing firm, will establish a Center of Excellence in Wilkes County, creating 150 jobs, according to the company. Provalus will invest $1.05 million in North Wilkesboro.
RXO (NYSE: RXO), a leading freight transportation company headquartered in Charlotte, will expand its operations in Mecklenburg County, creating 216 jobs over the next several years, Governor Roy Cooper announced today. The company will invest $13.7 million to expand its market presence.
Applications are now being accepted for a new round of grants from the One North Carolina Small Business Program, a key source of funding for small businesses engaged in research and development that lead to commercial products.