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.
Press Releases
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.
The state’s seasonally adjusted October 2024 unemployment rate was 3.7 percent, decreasing 0.1 of a percentage point from September’s revised rate. The national rate was unchanged at 4.1 percent.
Today, Governor Roy Cooper announced the winners of the Governor’s NCWorks Awards of Distinction. A youth internship program, two manufacturers, and five individual North Carolinians are being honored for their outstanding accomplishments and contributions related to workforce development.
Today, Governor Roy Cooper announced Abstract Ice Inc, a manufacturer of specialty craft ice products, will create 26 new jobs and invest more than $14.7 million in establishing a new manufacturing facility in Forest City.
Republished press release from the Appalachian Regional Commission.
Today, IQE, Inc., a global semiconductor manufacturer, announced an expansion in Guilford County, signaling its ongoing commitment to future investment in the region, subject to customer commitments and funding from the federal CHIPS Act.
Three television-streaming series and three independent feature-length films have been approved for North Carolina Film and Entertainment Grants.
Unemployment rates (not seasonally adjusted) decreased in all 100 of North Carolina’s counties in September 2024. Scotland County had the highest unemployment rate at 5.6 percent while Buncombe, Ashe, Avery, Currituck, Watauga, Swain, and Dare Counties each had the lowest at 2.5 percent.