North Carolina now ranks among the Top 10 most competitive business tax climates in the nation and is the only Southeast U.S. state other than Florida to make the list of tip-top leaders, according to the latest ranking from the Tax Foundation. North Carolina comes in at No. 10 in the 2021 State Business Tax…

FOR IMMEDIATE RELEASE RALEIGH, N.C. – The Economic Development Partnership of North Carolina (EDPNC) recently wrapped up its fourth in a series of eight regional roundtables being held virtually across the state in November and December. They have included local industry leaders, each telling a different story of the pandemic’s impact on business in 2020,…

FOR IMMEDIATE RELEASE RALEIGH, N.C. – On Tuesday, November 24, the Economic Development Partnership of North Carolina (EDPNC), together with local chambers, economic development organizations and business owners, kicks off a series of eight regional roundtable events that will provide insight into the unique challenges and opportunities NC businesses have faced in light of the…

The Economic Development Partnership of North Carolina is reaching out to businesses and community leaders across the state through a new marketing campaign emphasizing the free services the EDPNC offers that can help businesses survive the pandemic and thrive beyond it. “Onward as One,” an integrated advertising and public relations campaign running through the end…

North Carolina ranks as the nation’s top state business climate in 2020 in a two-way tie with Georgia, according to Site Selection magazine. North Carolina held the No. 2 spot in the magazine’s annual business climates study for five straight years before rising to the top spot this year. North Carolina enjoyed a six-year run…

BioAgilytix Labs, LLC, a leading life science testing company, will create 878 jobs and invest $61.5 million in Durham. The project marks a major expansion of the contract research organization’s operations in North Carolina’s Research Triangle region. “North Carolina is a world-class location for companies that lead in research and development to treat and prevent…

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…

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, 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 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…

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)…