News & Events

NEWS & EVENTS

News

08/29/2019

Carvana to Invest More Than $30 Million in Concord

Carvana, a leading e-commerce platform for buying and selling used cars, will locate a new inspection and reconditioning facility in Cabarrus County, creating more than 400 jobs. The company will invest more than $30 million in Concord over the coming years. “The online marketplace only works for buyers and sellers when hardworking people are moving…
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08/29/2019

Policygenius to Create at least 377 Jobs in Durham County

Policygenius, a fast-growing online insurance platform, will locate a new technical and operations center in Durham County, creating at least 377 jobs over the next five years. The company will invest nearly $6 million in Durham. “Policygenius joins a growing number of high-tech firms choosing the Research Triangle because of North Carolina’s ability to meet…
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08/23/2019

EDPNC Helps Startup Softgolf Follow the Right Course

Look no further than Tanglewood Park in Clemmons, North Carolina, for the only course in the country to play Softgolf, featuring oversized foam balls and the larger holes and golf-club heads to match them. This full-swing game, which opened in March as a vendor at the Forsyth County-owned park near Winston-Salem, lets everyone, regardless of…
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08/21/2019

Pfizer Investing $500M, Adding 300 Jobs at Sanford Gene-Therapy Facility

Pfizer is investing an additional $500 million in constructing a gene-therapy manufacturing facility at its operations in Sanford, North Carolina, adding about 300 new jobs in the process, according to a company press release. Pfizer currently employs 650 people in Sanford. The new facility will support Pfizer’s continuing investment in gene therapy research and development,…
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EDPNC
08/21/2019

Manufacturer Hockmeyer Launches 90-Job Expansion in Elizabeth City

Hockmeyer Equipment Corporation, a process equipment maker, will create 90 new jobs as it launches a $6 million expansion of operations in Elizabeth City, North Carolina. Gov. Roy Cooper said Elizabeth City and Pasquotank County “are doing the right things to attract businesses.” “Local effort to create a great place to live and welcome talented…
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08/16/2019

Record Visitor Spending Reflected in all NC Counties in 2018

Record visitor spending in 2018 was reflected with visitor spending increases in all 100 counties. The data comes from an annual study commissioned by Visit North Carolina, a unit of the Economic Development Partnership of North Carolina. Domestic visitors spent a record $25.3 billion statewide in 2018, an increase of 5.6 percent from 2017. State…
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EDPNC
08/13/2019

Xerox Selects Wake County for a New Center of Excellence, Creating 600 New Jobs

Xerox, a Fortune 500 technology company, will build a new Center of Excellence in Cary, creating 600 jobs. The company will invest $18.4 million in Wake County. “Xerox, which had many locations to choose from, selected North Carolina because they know we can offer the highly-skilled workers they need, both now and in the future,”…
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08/07/2019

EDPNC Helps Connect Partners Behind Rural County’s Workforce Project

There aren’t many billboard ads in rural Mitchell County, nestled in the High Country of North Carolina’s Blue Ridge Mountains. So the one raised this summer in the small town and county seat of Bakersville gets noticed. The group of Mitchell County high school students pictured on the billboard tell passing motorists “something big” is…
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EDPNC
08/07/2019

Telephonics Expanding in Elizabeth City, Adding 75 Well-Paying Jobs

Telephonics Corporation, a communications system company, will create 75 jobs as it expands its operations in Pasquotank County in North Carolina. The company will invest $5.5 million in a new facility, located in Elizabeth City. Salaries for the new jobs will vary by position but the average annual wage will be $64,768. The county’s average…
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07/25/2019

Merck to Build $650M Plant in NC to Meet Gardasil Vaccine Demand

Leading drug maker Merck will invest more than $650 million and create more than 400 jobs in North Carolina, building a new production facility at its current manufacturing site in Durham and expanding its packaging operations in Wilson. The major expansion will enable Merck to meet growing demand for Gardasil and Gardasil 9 recombinant human…
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07/24/2019

Business Facilities Ranks NC No. 1 State for Economic Growth Potential

North Carolina is the top-ranked state for economic growth potential in Business Facilities magazine’s 15th Annual Rankings Report. North Carolina, Colorado and Virginia topped the chart in Business Facilities’ annual growth potential ranking. Jack Rogers, editor in chief, noted that all three states have established highly diversified growth strategies and staked a claim to leadership in…
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07/24/2019

Tire Distributor Launches $2.7M Expansion in Columbus County

Black’s Tire Service, Inc, a tire distributor and service company, will create 26 jobs in a $2.7 million expansion of its distribution center in Whiteville, North Carolina. “The Black’s Tire Service decision to expand its operations in rural North Carolina speaks to the power of the state’s workforce, strong economy and great quality of life,”…
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