Topics Related to Business

Governor McCrory Celebrates Grand Opening of Manufacturer Morinaga Co., & Ltd.

Governor Pat McCrory celebrated the grand opening of Morinaga Co. & Ltd. in Mebane today. Morinaga was one of the first companies Governor McCrory met with after entering office to help recruit them to North Carolina. In September 2013, the governor announced the company's plans to create 90 new jobs and invest $48 million in a 120,000 square foot production plant in Orange County.

Expansion by Aurobindo Pharma USA Brings 275 Jobs to Durham

Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) announced today that an expansion by Aurobindo Pharma USA, Inc. will bring 275 new R&D and pharma-manufacturing jobs to Durham. The New Jersey-based maker of generic pharmaceuticals plans to invest over $31.7 million in a new state-of-the-art national headquarters for specialty pharmaceutical R&D.

Krystal Engineering Launches New Facility in Caldwell County, Creating 82 News Jobs

Lenoir, N.C. - Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of N.C. announced today that Krystal Engineering, LLC, will open a production facility in Caldwell County, ramping up an 82-person workforce during the next five years. The company, a leading global processor of materials for electronics components, plans to invest $20.9 million at the site over that period.

North Carolina's November Employment Figures Released

RALEIGH — The state's seasonally adjusted November unemployment rate was 5.7 percent, remaining unchanged from October's revised rate. The national rate remained unchanged at 5.0 percent.


North Carolina's November 2015 unemployment rate was 0.2 of a percentage point higher than a year ago. The number of people employed increased 15,466 over the month to 4,503,977 and increased 133,817 over the year. The number of people unemployed decreased 2,015 over the month to 270,977, and increased 15,615 over the year.

Corning Optical Communications to Build New Headquarters in Mecklenburg County

  Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) announced today that Corning Optical Communications, LLC will create 150 new jobs in Mecklenburg County as part of a new corporate headquarters. Optical Communications, a world-leading provider of fiber optic solutions, plans to invest $38.7 million by the end of 2018.

Red Ventures to Add 500 New Jobs in Mecklenburg County

  Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III and the Economic Development Partnership of North Carolina (EDPNC) announced today that Red Ventures will expand its Mecklenburg County operations by adding 500 jobs over the next five years. The technology and marketing company plans to invest $5 million at its facility in Charlotte over the same period.

North Carolina's October County and Area Employment Figures Released

—Unemployment rates (not seasonally adjusted) increased in 83 of North Carolina's counties in October, decreased in six, and remained unchanged in 11. Scotland and Graham Counties had the highest unemployment rates, each at 10.3 percent, while Buncombe County had the lowest at 4.1 percent. Fourteen of the state’s metro areas experienced rate increases and one experienced a decrease. Among the Metro areas, Rocky Mount at 7.7 percent experienced the highest rate and Asheville had the lowest rate at 4.4 percent. The October not seasonally adjusted statewide rate was 5.5 percent.

Expansion by Premier Research Brings 260 Jobs to Durham

Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III and the Economic Development Partnership of North Carolina (EDPNC) announced today that Premier Research will bring 260 new jobs to Durham under a five-year expansion plan. The contract research organization plans to invest over $4.1 million at its Durham County location through 2020.

N.C. Named One of America's Most Business-Friendly States



Raleigh, N.C.North Carolina has been ranked the seventh most business-friendly state by the Pollina Corporate/AEDI (American Economic Development Institute) Top Ten Pro-Business States Report released this month.  The report details how well states have or have not positioned themselves to retain and create jobs.  This is the twelfth edition of the study, which is used by corporations to evaluate

Governor Applauds Assistant Commerce Secretary Dale Folwell for his Public Service

Raleigh, N.C. -- Governor Pat McCrory and Commerce Secretary John E. Skvarla, III, announced today that Dale Folwell, assistant secretary at Commerce’s Division of Employment Security (DES), would be stepping down from his position effective December 1st.