Topics Related to Business

Cardinal Foods LLC, a Burgaw agribusiness company that provides products and services across the eastern U.S., will create 48 new jobs as it launches a $15.5 million expansion at its Pender County operations, Governor Roy Cooper announced today.

Today, Governor Roy Cooper announced that Machelle Sanders, current Secretary of the NC Department of Administration, will now serve as Secretary of the Department of Commerce. Sanders will replace Tony Copeland who stepped down at the end of January.

Arch Capital Group Ltd. (ACGL), a globally diversified financial services group providing insurance, reinsurance and mortgage insurance, will open an operational hub in Raleigh and create 365 new jobs over four years, Governor Roy Cooper announced today.

Gilead Sciences, Inc. (Nasdaq; GILD), a leading biopharmaceutical company developing innovative medicines, has selected North Carolina’s Research Triangle region as the location for a major business services and information technology hub, creating 275 jobs, Governor Roy Cooper announced today.

PennyMac Financial Services, Inc., a California-based specialty financial services firm, will create more than 300 jobs in Wake County, Governor Roy Cooper announced today.

Governor Roy Cooper announced today that Adverum Biotechnologies, Inc., a California-based gene therapy company targeting unmet medical needs in ocular and rare diseases, will invest $82.8 million for a new gene therapy manufacturing facility in Durham County.

American Fuji Seal Inc, part of Japan’s Fuji Seal International, will establish new production operations in Catawba County that will employ up to 101 workers by 2025, Governor Roy Cooper announced today. The packaging solutions provider plans to invest $52 million at its new site in Hickory.

Intercontinental Capital Group Inc, a direct mortgage lender specializing in single-family residential properties, will significantly expand its Charlotte operations, adding 500 jobs over the coming five years, Governor Roy Copper announced today.

Taysha Gene Therapies, Inc. (Nasdaq: TSHA), a patient-centric gene therapy company, has selected Durham as a site for its gene therapy manufacturing facility, Governor Roy Cooper announced today.

Integro Technologies Corp., an industrial automation company, will create 30 new jobs, over five years, in Rowan County with a $2.67 million investment for additional assembly, logistic solution prototyping and manufacturing space in Salisbury, Governor Roy Cooper announced today.