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.
Pratt & Whitney Selects North Carolina for 800 Job Expansion
Pratt & Whitney, a division of Raytheon Technologies Corp. plans to invest approximately $650 million and create 800 jobs through 2027 in Asheville. The project will bring a new high-tech turbine airfoil production facility to Buncombe County. “We are positioning North Carolina to come out of this pandemic with these and other good-paying jobs which…
EDPNC Ranks as Top Economic Development Organization
Site selection consultants view the Economic Development Partnership of North Carolina (EDPNC) as the best state-level economic development organization in the country, according to a new survey of U.S. corporate executives and location advisors. Conducted by Development Counsellors International (DCI) every three years, the “Winning Strategies in Economic Development Marketing” survey was released this week…
Benestar Brands to Invest $24 Million in Kings Mountain
Benestar Brands, an international snack food manufacturer, will create 129 jobs in Cleveland County. The company will invest $24 million to establish a new production facility in Kings Mountain. “Even during a pandemic, companies like Benestar Brands can expand operations because of our strong workforce, quality transportation network, and management of this crisis,” said Governor…
UPS, the multinational package delivery and supply-chain management company, will undertake a significant expansion to its North Carolina presence with the addition of 592 jobs in Guilford and Alamance counties. The company plans to invest a total of $316.4 million at two sites over the coming four years. “The pandemic highlights that supply chain management…
Nestlé Purina PetCare Will Create 300 Jobs in Rockingham County
Nestlé Purina PetCare Company, the leading pet care company in the United States, plans to establish significant new manufacturing and distribution operations in Rockingham County that will become operational in 2022 and create up to 300 new jobs by 2024. The company will invest $450 million in a 1,300+ acre site near Eden that formerly…
NC Wins $618,640 Grant to Help Small Businesses Increase Exports
FOR IMMEDIATE RELEASE RALEIGH ― North Carolina has won a $618,640 federal grant to help small businesses grow their exports during a year when COVID-19 is requiring a shift to doing international business virtually rather than in-person. North Carolina is among states successfully competing for the funding provided through the State Trade Expansion Program (STEP)…
Small Business Week to Honor Firms Including Apex Instruments
National Small Business Week kicks off Tuesday, honoring the nation’s small businesses and this year inviting them to register for a free three-day virtual conference including presentations and panels focused on helping businesses recover, adapt, and innovate during the pandemic. The Sept. 22-24 event, coordinated by the U.S. Small Business Administration, will include recognizing the…
Site Consultants Rank NC a Top 5 State for Doing Business
Leading site consultants once again rank North Carolina among the top five states in the nation for doing business, according to an Area Development magazine survey. The site selection and facility planning publication this week announced the results of its 2020 nationwide survey. For the second year in a row, North Carolina came in at…
EDPNC Triples Its Exporting Workshops through Webinars
The Economic Development Partnership of North Carolina expects to triple the number of free exporting workshops it typically offers in a year as it emphasizes online education during the time of coronavirus. “We usually host eight in-person workshops for exporters in different communities across the state in a year, with each drawing 15 to 30…
Genetic Medicine Company To Create 201 Jobs in Durham County
Beam Therapeutics, a biotechnology company developing precision medicines through DNA base editing, plans to build a manufacturing facility in North Carolina’s Research Triangle Park, creating 201 jobs. Over a period of 5 years, the company expects to invest $83 million in the facility, which will support clinical and commercial manufacturing for the company’s novel base…
EDPNC Supports Exporters Shifting to Virtual Trade Shows During COVID-19
RALEIGH ― The Economic Development Partnership of North Carolina now has substantial grant resources to help small businesses exhibit in virtual international trade shows at a time when COVID-19 has shut down in-person events and caused many countries to restrict U.S. travelers. “Trade events remain essential to generating new sales leads in markets around the…
NC Exporters to Meet with Trade Offices Around the World
North Carolina businesses needing help in choosing the best global markets for their products can sign up now for virtual consultations with any of the state’s internationally located trade offices. “Our trade representatives can assess your product and help craft a market-entry or expansion strategy for their region of the world, connect you to the…
