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NEWS & EVENTS

News

07/27/2021

Smart Wires Selects Durham for Global HQ and Research Facility

Smart Wires Inc., a global power technology company working to advance the delivery of affordable, clean electricity around the world has selected Durham and the Research Triangle region as the site for its global headquarters, creating 250 jobs. The company will invest $21.5 million over five years to establish a corporate headquarters and research and…
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07/27/2021

Red Bull and Rauch to Build a Multimillion Dollar Beverage Manufacturing Hub in Cabarrus County

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…
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EDPNC
07/13/2021

CNBC Ranks North Carolina No. 2 on “America’s Top States for Business”

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….
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07/08/2021

EDPNC Expands Scope of Trade Offices Serving NC Exporters

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…
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EDPNC
07/06/2021

NC Ranks Among Most Competitive Tax Structures for Businesses

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…
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EDPNC
07/01/2021

Roseburg Forest to Establish East Coast Sawmill

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…
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EDPNC
06/29/2021

Precision Manufacturer to Relocate Headquarters to Southeastern N.C.

Precision Swiss Products, Inc. a manufacturer of high precision component parts, will create 125 new jobs in Brunswick County. The company will invest more than $9.3 million to locate its headquarters and manufacturing facility to the International Logistics Park shared by Brunswick and Columbus counties. “We are excited to have another innovative company choose North…
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06/14/2021

Campaign to Recruit Businesses and Workforce to North Carolina

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…
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06/10/2021

North Carolina Wins Coveted Gold Shovel Award

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…
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05/25/2021

Credit Karma to Establish East Coast HQ in Mecklenburg County Expansion

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…
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05/20/2021

White River Marine Group Acquires Legendary Hatteras Brand, Will Launch New Operations

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…
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05/20/2021

CARSgen Chooses Research Triangle for New Facility

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…
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