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Topics Related to Business
National General Insurance, a property and casualty insurance company, plans to expand its operations in Winston-Salem to create 626 jobs over five years, Governor Roy Cooper announced today. The company, and a subsidiary of National General Holdings Corp., plans to invest $12.2 million in North Carolina by the end of 2022.
The North Carolina Rural Infrastructure Authority (RIA) approved seven grant requests totaling $1,296,030, N.C. Commerce Secretary Anthony M. Copeland announced today. The requests include commitments to create a total of 153 jobs, 80 of which were previously announced. The public investment in these projects will attract just over $32.7 million in private investment.
Record visitor spending in 2017 was reflected with visitor spending increases in all 100 counties, N.C. Secretary of Commerce Anthony M. Copeland announced today. Visitor spending reached nearly $5.4 billion in Mecklenburg, $2.3 billion in Wake, $1.4 billion in Guilford and $1.1 in Buncombe and Dare counties. Rounding out the top 10 counties for visitor spending were Forsyth ($898 million), Durham ($814 million), New Hanover ($578 million), Brunswick ($563 million) and Cumberland ($542 million).
, N.C. - Fibertex Personal Care, a Danish textile company, will add 145 jobs in Asheboro with its first U.S. manufacturing facility, Governor Cooper announced today. The company plans to invest $60 million by December 31, 2021 with a project facilitated in part by a Job Development Investment Grant (JDIG). "Fibertex Personal Care could go anywhere in the world, but they chose North Carolina," said Governor Cooper. "Our state's workforce and leadership in manufacturing and textiles brought this company here."
Cary, N.C. - Trilliant Networks will establish its global headquarters in the Research Triangle Area, creating 130 jobs over the next five years, Governor Roy Cooper announced today. The smart grid software and communications company will invest $1.8 million at its current offices in Cary to accommodate for this expansion of corporate operations.
North Carolina Commerce Secretary Anthony M. Copeland has appointed Will Miller, a business executive from Charlotte, as the department’s Deputy Secretary of Commerce.
Mr. Miller brings a wealth of knowledge to the agency, with previous experience in the business, non-profit, and government sectors.
Mr. Miller brings a wealth of knowledge to the agency, with previous experience in the business, non-profit, and government sectors.
Raleigh, N.C. - Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) today announced the expansion of Home Elevator & Lift Products LLC in Greene County. The company intends to create 22 jobs over the coming three years. It is investing nearly $560,000 at its manufacturing facility.
Raleigh, N.C. - Governor Pat McCrory and Commerce Secretary John E. Skvarla, III announced today that $1.7 million from the One North Carolina Small Business Program has been awarded to 29 small companies across 13 North Carolina communities. The companies will use the funds to develop new products, hire additional employees, and purchase equipment and materials.
Raleigh, N.C. - For the second consecutive year, North Carolina is the nation’s No. 2 best state for business according to Forbes magazine. Forbes' annual “Best States for Business” list measures which states have the best business climates and are poised to succeed going forward. North Carolina is the only state in the southeast to be ranked in the top five.
Raleigh, N.C. - Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina announced today that Norafin Americas, Inc. will establish a manufacturing plant in Henderson County, which will create 46 new jobs during the next three years. The German nonwoven textile maker will invest $16 million at a location in Mills River for its first production facility outside of Germany.