The North Carolina Rural Infrastructure Authority (RIA) has approved 10 grant requests to local governments totaling $2,080,000. These grants are for projects that have committed to creating 316 jobs and will attract more than $40.8 million in private investment. The Rural Infrastructure Authority is a 17-member board that awards Rural, Community Development Block Grant (CDBG), and Utility…

DMA Industries, LLC, a supplier of aftermarket automotive and heavy duty replacement parts, will expand and modernize its distribution operations in Columbus County, creating 21 jobs, Governor Roy Cooper announced today. The company will invest $1.47 million in its warehouse and distribution facility in Tabor City. “When existing companies continue to expand in places like Columbus…

Today, Governor Cooper announced that Millwork & Panel LLC, a residential siding manufacturer, will create 48 new jobs in Catawba County. The company will invest more than $14.3 million over the next three years to expand its vinyl siding operations in the City of Claremont. “North Carolina has the largest manufacturing workforce in the Southeast…

Dai Nippon Printing Co., Ltd. (DNP), a lithium-ion battery pouch manufacturer, will create 352 new jobs in Davidson County. The company will invest $233 million to build its first U.S. advanced manufacturing facility in the City of Linwood. Governor Cooper met with DNP Executives on his economic development trip to Tokyo in October. The Governor…

North Carolina has enjoyed considerable success in recent years in recruiting large economic development projects. With this success, the State has also depleted some of its best sites for projects requiring substantial land and readiness, while the competition continues to grow. Major manufacturing projects in the aerospace, automotive, clean energy, food processing, life sciences, and semiconductor…

Forge Nano, Inc., a leading materials science company that enables peak performance products through atomic-level surface engineering, intends to launch a new lithium-ion battery business, called Forge Battery, in Wake County. The company and its investors plan for an initial investment of more than $165 million to build a lithium-ion battery manufacturing plant in Morrisville…

In partnership with the Economic Development Partnership of North Carolina (EPDNC), N.C. Department of Commerce Secretary Machelle Baker Sanders announced today that North Carolina has opened its first Taiwan investments office. The State of North Carolina Taiwan Office, located in Taipei, Taiwan, opened October 5 and aims to secure investment partnerships from Southeast Asian companies…

Toyota will invest an additional $8 billion in its first North American electric vehicle battery manufacturing facility, announced the Economic Development Partnership of North Carolina, adding another 3,000 jobs. The project, dubbed “Toyota Battery Manufacturing North Carolina” (TBMNC) was first announced as a $1.29 billion investment in 2021, with expansions in 2022 and 2023. Now…

Epsilon Advanced Materials, a global provider of synthetic graphite used in electric vehicle batteries, announced today it will invest $649.9 million in a new manufacturing facility outside of Wilmington, North Carolina. The project, which will create 500 jobs in Brunswick County, will be one of the largest economic development announcements in the Southeast part of the…

The North Carolina Rural Infrastructure Authority (RIA) has approved seven grant requests to local governments totaling $2,639,793. These grants are for projects that have committed to creating 321 jobs and will attract more than $53.7 million in private investment. The Rural Infrastructure Authority is a 17-member board that awards Rural, Community Development Block Grant (CDBG), and Utility…

Today, Governor Roy Cooper continued to meet with business leaders in Tokyo and delivered remarks at the Southeast U.S./Japan Association (SEUS/Japan) meeting closing ceremony. The Governor was joined by NC Commerce Secretary Machelle Baker Sanders and Economic Development Partnership of North Carolina CEO Chris Chung. “This meeting is a symbol of the Southeast United States…

Governor Roy Cooper will lead a North Carolina delegation to Japan from October 11 – 15 to the annual Southeastern United States/Japan (SEUS/Japan) Economic Development Conference in Tokyo to recruit industry and meet with business leaders and others. “Japan is a highly valued economic partner for our state and it’s important to take this opportunity…