Record visitor spending in 2017 was reflected with visitor spending increases in all 100 North Carolina counties, state Secretary of Commerce Anthony M. Copeland announced today. Visitor spending reached nearly $5.4 billion in Mecklenburg, $2.3 billion in Wake, $1.4 billion in Guilford and $1.1 in Buncombe and Dare counties. Rounding out the top 10 counties…

North Carolina has received Area Development magazine’s 2018 Gold Shovel Award, recognizing the state’s top-tier success in winning high-impact economic development projects in 2017. North Carolina, which in 2017 had one of its best years for  job recruitment in over a decade, is one of only five states to receive a 2018 Gold Shovel Award….

North Carolina once again ranks as the most competitive state in economic development activity, according to a closely watched annual business ranking by Site Selection magazine. “Businesses big and small, domestic and foreign are investing in North Carolina for the same reasons they have been doing so all along — a healthy supply of workers…

AvidXchange, a leading provider of automated payments solutions for midsize companies, will expand its Charlotte, North Carolina, headquarters, creating 1,229 jobs and investing $41 million in Mecklenburg County. “North Carolina leads the nation in the IT and financial services industries,” Gov. Roy Cooper said. “North Carolina’s talented workforce helps companies like AvidXchange develop big ideas and…

Sonic Automotive will open a marketing resource and customer contact center in Gaston County, creating 500 jobs. The company, a Fortune 500 company and one of the largest automotive retailers in the United States, will make an $11.2 million investment in Lowell, North Carolina, to establish the center. Sonic Automotive will add a variety of…

Moog Inc., a worldwide designer, manufacturer and integrator of precision control components and systems, will expand its plant in Murphy, North Carolina., and create 20 jobs. The company plans to invest $1.8 million in Cherokee County. “Large manufacturers like Moog have many choices when selecting a business location,” said Gov. Roy Cooper. “I’m pleased this…

AirBoss of America Corp. has selected Halifax County for an expansion of its current facility, adding 42 new jobs. The company plans to invest $5.2 million in Scotland Neck with the project. “Including today’s AirBoss announcement, Halifax County has attracted three manufacturing expansions in under a month,” Gov. Roy Cooper said. “The talent, infrastructure and…

Universal Preserv-A-Chem, Inc. (UPI) has selected Mebane, North Carolina, as the new location for its natural ingredients and chemical supply business, creating 39 jobs. The company plans to invest $17 million in the project. “We are very excited about making Mebane the new home for our state-of-the-art distribution center,” said Daniel Ravitz, president of UPI….

LendingTree, Inc., which operates the leading online loan marketplace, will expand its headquarters in Mecklenburg County, creating 436 new jobs by the end of 2023. “LendingTree has experienced incredible growth in recent years, and after a thorough process, we are excited to continue that growth in Charlotte with the addition of over 400 high-paying jobs,”…

Honeywell, a Fortune 100 company providing software-oriented solutions for many of the world’s most complex industries, will relocate its global corporate headquarters from Morris Plains, New Jersey, to Charlotte, North Carolina. The company’s move will create 750 well-paying jobs in Charlotte and more than $248 million in real and personal property investment. As part of…

Pendo, a growing technology company founded in Raleigh, will more than triple its local operations over the next five years, adding 590 jobs and investing $34.5 million in Wake County. “Our mission at Pendo is big and bold—we want to improve society’s experience with software,” said Todd Olson, CEO and co-founder of Pendo. “To achieve…

For the second year in a row, North Carolina holds the No. 1 spot on Forbes magazine’s Best States for Business ranking. North Carolina has been the only state to consistently place among the top five states for 13 straight years since Forbes began issuing the annual Best States for Business list. In an article…

Advance Auto Parts is relocating its corporate headquarters to Raleigh and expanding operations in Wake County, a move that will create 435 new jobs over five years. These positions will enable the company, currently based in Roanoke, Va., to add value for customers and shareholders and enhance its multichannel business. Teams based in Raleigh will…

JBB Packaging, LLC, a plastic packaging manufacturer, will open an $11 million plastic film manufacturing facility in Weldon, North Carolina, creating 50 jobs in Halifax County. “JBB Packaging chose this location at the Becker Industrial Park because it was formerly used for plastics manufacturing, it has the space they need now and for future growth,…

Reser’s Fine Foods will expand its current operations in Halifax County, creating 79 jobs over the next five years. The company plans to invest $3.2 million in Halifax with the project. Reser’s Fine Foods began in 1950 in Cornelius, Oregon, producing refrigerated salads. Over the next several decades, the company expanded into several other food…