The Economic Development Partnership of North Carolina (EDPNC) today released its 2022 Annual Report entitled “Built to Thrive,” highlighting North Carolina’s record-breaking year in economic development in 2022. The report includes an in-depth analysis of the state’s successes through the work of the EDPNC and its partners including the North Carolina Department of Commerce and…

Tex-Tech Industries, a leading manufacturer of specialty textiles, will create 49 new jobs in Forsyth County. The company will invest more than $24.8 million to build a new manufacturing center in Winston-Salem. “North Carolina’s leadership in textile manufacturing helps companies like Tex-Tech stay on the cutting edge of innovation,” said Governor Cooper. “This expansion builds…

Filmmakers spent more than $258 million on productions in North Carolina last year, the sixth highest year-end total since 2000, when the state started offering incentives to support the state’s film industry. “North Carolina continues to attract great film, television, and streaming projects that bring good jobs to our state,” said Governor Roy Cooper. “Last year,…

Siemens Mobility, Inc., the global manufacturer of rail transportation vehicles and control systems, will build a major advanced manufacturing and rail services center in Davidson County, creating 506 jobs. The company will invest $220 million in Lexington, creating a new carbon neutral facility that will serve the company’s East Coast markets. “Leading global companies like…

The Economic Development Partnership of North Carolina (EDPNC) today announced Liz Scruggs as its new director of investor relations. In this role, Scruggs will actively lead the strategic direction of the EDPNC Investor Relations program by focusing on developing, sustaining and deepening relationships with investors through innovative programming to increase private investment in the mission…

North Carolina entered an international agreement to access new resources and expertise from the nation that built the world’s first offshore wind farm, advancing North Carolina’s development of a clean energy economy. North Carolina Secretary of Commerce Machelle Baker Sanders and Director General Kristoffer Bottzauw of the Danish Energy Agency signed the Memorandum of Understanding between the…

Axium Packaging, a manufacturer of packaging and containers, will create 118 jobs in Randolph County over the next three years. The company will invest $32 million to build a state-of-the-art manufacturing facility in the City of Archdale. “Axium’s choice to come to Randolph County and join North Carolina’s manufacturing community underscores our reputation as the…

Global integrated logistics solutions provider, UPS [NYSE: UPS], will create 98 new jobs in Onslow County and will invest more than $12.3 million to locate a distribution facility in the southeast portion of the state in the Town of Holly Ridge. “The decision by UPS to expand in eastern North Carolina is a tribute to our…

Global RFID inlays and tags manufacturer, Tageos will create 64 new jobs and invest $19.25 million to establish its North American headquarters in the Town of Fletcher, located in Henderson County. “With a shared vision for sustainability, we are delighted to welcome Tageos to Henderson County, North Carolina,” Governor Cooper said. “High tech companies like…

The North Carolina Rural Infrastructure Authority (RIA) has approved 14 grant requests to local governments totaling $6,644,500. These grants are for projects that have committed to creating 324 new jobs and will attract more than $31.5 million in private investment. The Building Reuse Program provides grants to local governments to renovate vacant buildings, renovate and/or expand buildings occupied by…

Seven North Carolina companies today were recognized at the 2022 Governor’s Export Awards for their growing sales success in international markets. These companies range from tactical components to bicycle wheel manufacturing and textile machinery. “Last year, North Carolina was able to export more than $40 billion in goods and services to more than 200 countries,…

Kempower, Inc., a European manufacturer of fast electric vehicle (EV) charging stations and solutions, announced it will invest $41 million for a new production facility in North Carolina, creating 300 jobs in Durham County. “We are pleased Kempower is investing in North Carolina and joining the family of other high-profile EV and battery manufacturers in…