Topics Related to Business

Yokohama Tire Corporation Selects North Carolina for Technical Development Center, Creating 56 Jobs

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.

North Carolina's Thriving Economy Featured Internationally in Newsweek Magazine

 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.

U-Play Corporation Selects Wayne County for First U.S. Manufacturing Facility, Creating 88 Jobs

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 Jumps to No. 5 in CNBC's 'Top States for Business' Rankings

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.

Relias Learning Expansion to Create Over 450 Jobs in Cary

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.

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.