As a business leader, or employer of any type in North Carolina, you’re facing new challenges from the COVID-19 pandemic. EDPNC is here to help you navigate these unique economic challenges in the days ahead.
What does a long-established global manufacturer of specialty and technical fabrics have in common with a 10-year-old company that makes fabric that delivers medications via gloves, socks, and sleeves? They’re both among the more than 600 diverse businesses that turn to the Economic Development Partnership of North Carolina (EDPNC) each year for free help in…
NC Ranks Among Top States in Competitive Corporate Taxes
FOR IMMEDIATE RELEASE North Carolina ranks among the nation’s best-performing states overall in a study comparing state corporate tax costs across the country, according to a Tax Foundation report released today. The Tax Foundation, a Washington, D.C.-based think tank, produced the comprehensive Location Matters report in collaboration with the audit, tax and advisory firm KPMG…
NC Economic Development Efforts Win National Prosperity Cup
North Carolina is the winner of Site Selection magazine’s 2021 Prosperity Cup, recognizing the state-level organizations with the most successful business recruitment and retention efforts in the past year. North Carolina leapt five spots in the national Prosperity Cup rankings to become No. 1 this year, bumping Texas from first place last year. In 2020,…
CEO Survey Ranks North Carolina a Top 5 State for Business
North Carolina now ranks No. 4 among the nation’s top-performing states in the 2021 Best and Worst States for Business survey conducted by Chief Executive magazine. For the latest report, Chief Executive surveyed 383 CEOs across the country in March about their opinions of all 50 states. The results were released today. North Carolina rose…
Apple has selected North Carolina’s Research Triangle region as the location for its newest research and development campus and will create 3,000 jobs in Wake County. Apple plans to invest more than $1 billion in the state by 2032. Earlier today, Governor Cooper, Senator President Pro Tempore Phil Berger, Senator Dan Blue, Speaker Tim Moore,…
Genetic Testing Company To Build New Lab and Create 374 Jobs in Wake County
Invitae Corporation, a leading medical genetics company, plans to build a major testing and laboratory facility in Wake County, creating 374 jobs and investing $114.6 million in Morrisville over the next decade. “Biotechnology companies continue to choose North Carolina as a trusted and reliable location to grow their companies,” said Governor Roy Cooper. “From specialized…
Fintech Company Robinhood to Create Nearly 400 New Jobs in Mecklenburg County
Robinhood Markets, Inc., a California-based financial services firm, will create nearly 400 jobs in Mecklenburg County. The company will invest $11.7 million to establish an office in Charlotte focused on customer experience roles. “With the second-largest financial center in the nation, North Carolina is one of the fastest-growing tech hubs where companies like this know…
FUJIFILM Diosynth Biotechnologies Selects Wake County for Biopharmaceutical Manufacturing Facility
FUJIFILM Diosynth Biotechnologies U.S.A. Inc., world-leading contract development and manufacturing organization (CDMO), will create 725 jobs and expressed its intent to invest $2 billion in Wake County, Governor Roy Cooper announced today. The company will build North America’s largest end-to-end biopharmaceutical manufacturing facility in Holly Springs, confirming the central role of North Carolina’s Research Triangle…
Arrival Microfactory to Produce Electric Delivery Vans in Charlotte
CHARLOTTE, N.C. – Arrival, a global company creating electric vehicles (EVs) using game-changing technologies, announced today that it will be building its second U.S. microfactory in Charlotte, North Carolina. Arrival is investing approximately $41.2 million in the modern production center that can assemble up to 10,000 electric delivery vans each year and is expected to…
FOR IMMEDIATE RELEASE RALEIGH ― The Economic Development Partnership of North Carolina (EDPNC) today released its 2020 annual report, which highlights its work to recruit new business to the state as well as its activities in other critical areas contributing to the state’s economy. In 2020, the EDPNC, working closely with its local and state partners, helped…
The Economic Development Partnership of North Carolina is excited to announce the renaming of its Business Link North Carolina (BLNC) division to “EDPNC Small Business Advisors.” “While this name change better identifies this team as part of the overall EDPNC brand, it also more clearly describes the very important work they do for the state…
FOR IMMEDIATE RELEASE RALEIGH ― Today, North Carolina Governor Roy Cooper announced 13 winners of the 2020 Governor’s Export Awards, ranging from a small wooden-boat builder to the one of the largest pharmaceutical manufacturers in the world. “These diverse companies raise the profile of North Carolina-made products around the world, promoting excellence in goods and services…
