Topics Related to Business

Tosaf USA Announces First U.S. Facility in Gaston County Creating 75 New Jobs

, N.C. -  Governor Pat McCrory, N.C. Commerce Secretary Sharon Decker and the Economic Development Partnership of North Carolina announced today that Tosaf USA, Inc. is planning to locate its first U.S. manufacturing facility in Gaston County, creating 75 jobs in five years and investing approximately $13.1 million over the next three years in Bessemer City.
 

In Case You Missed It: Forbes' Best States for Business


Note: "North Carolina moves up one spot to third. People have descended on North Carolina for the past decade, and it boasts one of the highest net migration rates in the U.S. Many are chasing jobs. The state's unemployment rate was stuck above 10% for most of 2009 through 2011, but was down to a recent 6.7% and the outlook is bright. North Carolina has the smallest union workforce in the U.S. in percentage terms. The resulting benefit is labor costs that are 16% below the national average-third lowest in the country.

N.C. Rural Infrastructure Authority Approves Seventh Round of Grants

North Carolina Commerce Secretary Sharon Decker and Assistant Secretary for Rural Development Dr. Pat Mitchell announced today that the N.C. Rural Infrastructure Authority (RIA) approved four grants or loans totaling more than $1.8 million with the commitment of more than 150 new jobs. 

N.C. Rural Infrastructure Authority Approves Sixth Round of Grants

North Carolina Commerce Secretary Sharon Decker and Assistant Secretary for Rural Development Dr. Pat Mitchell announced today that the N.C. Rural Infrastructure Authority (RIA) approved seven grants or loans totaling more than $2.5 million with the commitment of nearly 650 new jobs. 

United Furniture Industries Adding 200 Jobs in Forsyth County

, N.C. - Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that United Furniture Industries NC, LLC is expanding operations in Forsyth County.  The company plans to create 200 new jobs and invest $5.2 million over the next three years in Winston-Salem.
 

N.C. Rural Infrastructure Authority Approves Fifth Round of Grants

North Carolina Commerce Secretary Sharon Decker and Assistant Secretary for Rural Development Dr. Pat Mitchell announced today that the N.C. Rural Infrastructure Authority (RIA) approved eight grants or loans totaling $9 million with the commitment of more than 220 new jobs. 

Canadian Tissue Manufacturer Opening New Facility in Scotland County

Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Cascades Tissue Group will open a new manufacturing facility in Scotland County.  The company plans to create 68 new jobs and invest $62 million during the next three years in Wagram. The investment includes $55 million of new capital expenditure (such as building infrastructure, new equipment and other capitalized expenses) and converting equipment to be transferred from other facilities outside of North Carolina valued at $7 million. 
 

Plastics Manufacturer Expansion in Transylvania County Will Deliver 80 New Jobs

Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Sigma Plastics Group will restore the former Excelsior Rosman plant in Transylvania County and create 80 new jobs under the newly formed New Excelsior Incorporated.  In addition to the new jobs, the company plans to expand manufacturing operations and invest $5.5 million over the next three years in Brevard.
 

North Carolina Industrial Commission's New Fraud Alerting Tool Results in Criminal Charges Against Employers for Failure to Have Insurance

A new fraud alerting tool recently installed by the North Carolina Industrial Commission has led to criminal charges being filed against North Carolina employers who failed to maintain workers’ compensation insurance.  The Noncompliant Employer Targeting System (NETS) uses data from various state agencies and produces a list of potentially noncompliant employers ranked in terms of priority.  NETS went online April 14, 2014. 

N. C. Division of Workforce Solutions Receives Federal Grant to Train Workers

The N.C. Division of Workforce Solutions has received a federal grant worth $6.1 million to expand its programs to train workers who lost a job in high-demand industries.