Topics Related to Business

IGH — The state's seasonally adjusted September unemployment rate was 4.7 percent, increasing 0.1 of a percentage point from August's revised rate. The national rate increased 0.1 of a percentage point to 5.0 percent. North Carolina's September 2016 unemployment rate was 1.0 percentage points lower than a year ago.  The number of people employed increased 7,559 over the month to 4,596,364 and increased 98,277 over the year. The number of people unemployed increased 5,671 over the month to 227,377, and decreased 42,158 over the year.
Capping off a week-long celebration of North Carolina manufacturers, Commerce Secretary John E. Skvarla, III, presented a proclamation for North Carolina Manufacturing Week to Jerry Pedley, founder of Mertek Solutions Inc., a Sanford company that designs and builds automated assembly and test equipment for manufacturers.

Governor McCrory has proclaimed the week of October 3-7, 2016, North Carolina Manufacturing Week. The recognition coincides with National Manufacturing Day, which is today.
Highlighting one of North Carolina’s most powerful economic engines, Commerce Secretary John E. Skvarla, III, presented executives of ABCO Automation with a proclamation for North Carolina Manufacturing Week and recognized the company’s innovative workforce practices before touring its Browns Summit facility.
Governor Pat McCrory has proclaimed October 3-7, 2016 as North Carolina Manufacturing Week. The proclamation salutes one of the state’s most powerful economic engines.

“North Carolina’s manufacturing economy leads the Southeast in employment and is respected around the world for its innovation, quality and productivity,” said Governor McCrory. “From aircraft components and home furnishings to food products and life-saving medication, we are a state with companies and people making things the world needs.”
IGH —The state’s seasonally adjusted August unemployment rate was 4.6 percent, decreasing 0.1 of a percentage point from July’s revised rate.  The national rate remained unchanged at 4.9 percent.North Carolina’s August 2016 unemployment rate was 1.1 percentage points lower than a year ago.  The number of people employed decreased 12,616 over the month to 4,588,792 and increased 96,272 over the year. The number of people unemployed decreased 3,808 over the month to 221,746, and decreased 49,242 over the year.
Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) announced today that Yokohama Tire Corporation will establish a Technical Development Center in North Carolina. The company will invest nearly $2.7 million on the Center over a period of three years, creating up to 56 jobs in the process. The target site will be the City of Concord in Cabarrus County.
 The success story of North Carolina’s economy is in front of a world-wide audience, featured in a multi-page profile headlined North Carolina: Transformation Through Innovation in a recent issue of Newsweek magazine. Articles include interviews with Governor Pat McCrory, Commerce Secretary John Skvarla, Transportation Secretary Nick Tennyson and Economic Development Partnership of N.C. CEO Christopher Chung.
Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina announced today that U-Play Corporation will establish a manufacturing plant in Wayne County, where it will create 88 new jobs during the next four years. The Chinese company will invest nearly $21.3 million at a location near the Town of Mount Olive in what will be U-Play’s first-ever U.S. location.
 
North Carolina Commerce Secretary John E. Skvarla, III announced today that North Carolina is one of America’s top five states for business, according to the national business television network CNBC.  The state’s number five ranking in the closely watched measurement marks a significant improvement over its 2015 performance, where it ranked ninth among the states.
Cary, N.C. - Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) announced today that Relias Learning LLC will add more than 450 jobs over the coming five years in Wake County. The company plans to invest $4.5 million at its location in the Town of Cary through the end of 2020.