Topics Related to Business

Carvana (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars will locate a new inspection and reconditioning facility in Cabarrus County, creating more than 400 jobs, Governor Roy Cooper announced today.

Policygenius, a fast-growing online insurance platform, will locate a new technical and operations center in Durham County, creating at least 377 jobs over the next five years, Governor Roy Cooper announced today. The company will invest nearly $6 million in Durham.

Kitsbow, a specialty clothing manufacturer based in California, will create 53 new jobs in McDowell County, Governor Roy Cooper announced today. The company will invest $890,000 in operating a manufacturing and distribution facility in Old Fort.

Hockmeyer Equipment Corporation, a process equipment maker, will create 90 new jobs as it expands its operations in Pasquotank County, Governor Roy Cooper announced today. The company will invest $6 million with an expansion in Elizabeth City.

Xerox (NYSE: XRX), a Fortune 500 technology company, will build a new Center of Excellence in Cary, creating 600 jobs, Governor Roy Cooper announced today. The company will invest $18.4 million in Wake County.

Telephonics Corporation, a communication system company, will create 75 jobs as it expands its operations in Pasquotank County, Governor Roy Cooper announced today. The company will invest $5.5 million in a new facility, located in Elizabeth City.

Public comments are being accepted through August 19 on proposed amendments to the Criteria for Operation and Implementation of the Job Maintenance and Capital Development Fund program.

Merck (NYSE: MRK), a leading global biopharmaceutical company, will invest more than $650 million and create more than 400 jobs in North Carolina, building a new production facility at its Maurice R.

Black’s Tire Service, Inc, a tire distributor and service company will create 26 jobs as it expands its operations in Columbus County, Governor Roy Cooper announced today. The company will invest $2.7 million to expand their current distribution center, located in Whiteville.

ABB, Inc. (NYSE: ABB), a global leader in electrification products, robotics, and industrial automation, will expand in Orange County and create more than 400 jobs, Governor Roy Cooper announced today. The company will invest up to $39.9 million to upgrade equipment and increase the size of its current facility in Mebane.