Red Bull and filling company Rauch will partner to build a new beverage manufacturing, filling and distribution center in Cabarrus County, creating more than 400 new jobs. The combined project will invest more than $740 million in the City of Concord by 2027. “Global manufacturers need a world-class workforce to support their expansion plans,” said…

North Carolina has jumped one spot to No. 2 on CNBC’s “America’s Top States for Business,” its best performance in the annual ranking since it was introduced in 2007. The CNBC study, released today, puts all 50 states to the test, grading them on more than 85 different metrics in 10 key categories of competitiveness….

For Immediate Release RALEIGH, N.C. ― The Economic Development Partnership of North Carolina (EDPNC) has expanded the scope of the state’s international trade offices in order to help North Carolina exporters take advantage of emerging market opportunities. “With these changes, we’ll continue helping North Carolina businesses succeed in the state’s strongest international markets while better supporting exporters…

For Immediate Release RALEIGH, N.C. — North Carolina now has one of the most broad-based and competitive tax structures for business in the United States, according to a recent Location Matters survey and newly released white paper from the Tax Foundation and KPMG LLP. The Location Matters study, released in May, compared overall tax costs among businesses…

Roseburg Forest Products, an innovative U.S. forest products manufacturer, will create 137 new jobs in Halifax County. The company will invest a total of $200 million to develop a sustainable high-tech sawmill operation in the Town of Weldon. “We are continuing our efforts to bring good paying jobs to rural North Carolina and it will…

For Immediate Release RALEIGH, N.C. ― The Economic Development Partnership of North Carolina (EDPNC) today launched a national advertising campaign focused on increasing awareness and choice of North Carolina as a place where diverse businesses and workforce talent can thrive. Titled “All In North Carolina,” the campaign’s central message stresses the vast opportunity and diversity…

North Carolina has received Area Development magazine’s coveted 2021 Gold Shovel Award, recognizing the state’s success in winning high-impact economic development projects. “We’re honored to receive this national recognition for our success bringing good jobs to North Carolina,” said Governor Roy Cooper. “We have momentum and we’re letting the world know that North Carolina is…

Credit Karma, a personal finance technology company, will add 600 new jobs in Mecklenburg County. The company will invest more than $13 million to expand its Charlotte presence with a new high-tech engineering hub. “We are thrilled to have Credit Karma establish their East Coast headquarters in our state,” said Governor Cooper. “North Carolina is…

White River Marine Group, LLC, a leading manufacturer of recreational boats, will open a manufacturing facility in Craven County, with a target of 500 jobs. The company will make a significant investment in New Bern, creating its first coastal manufacturing site and adding Hatteras to its portfolio of well-known brands. “Boat and marine manufacturing requires…

CARsgen Therapeutics Corporation, an innovative biotechnology company pursuing medicines to treat cancer will create approximately 200 jobs and invest $157 million in Durham. The company’s selection of the Research Triangle area will establish its first biomanufacturing site in North America. CARsgen Therapeutics currently has its U.S. clinical development operations in Houston, Texas. “Global companies know…

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…

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…