News & Events

NEWS & EVENTS

News

EDPNC
04/21/2022

GOVERNOR COOPER ANNOUNCES 15 GRANTS TO RURAL COMMUNITIES TO ATTRACT 434 NEW JOBS AND OVER $351 MILLION IN PRIVATE INVESTMENT

The North Carolina Rural Infrastructure Authority (RIA) has approved 15 grant requests to local governments totaling $3,840,156. The requests include commitments to create a total of 649 jobs, 215 of which were previously announced. The public investment in these projects will attract more than $351 million in private investment. “These Rural Infrastructure grants attract new, innovative businesses,…
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EDPNC
04/21/2022

Packaging Manufacturer Technimark to Create 220 Jobs in Randolph County

Technimark, LLC, a manufacturing solutions provider for the healthcare and consumer packaging markets, will expand its healthcare production operations in Randolph County, creating 220 jobs. The company will invest $62 million to support growth in its healthcare and consumer packaging markets. “It’s always great to see a North Carolina company expand in our state,” said Governor…
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EDPNC
04/20/2022

Furniture Maker to Add 100 New Jobs in Burke County Expansion

Vanguard Furniture Company, Inc., a North Carolina furniture manufacturer, will add 100 new jobs in Burke County. The company will invest more than $5.9 million for an expansion of its upholstery manufacturing operations to Morganton. “North Carolina continues to be the global leader for furniture manufacturing,” said Governor Cooper. “Vanguard’s decision to expand in our…
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EDPNC
04/13/2022

CertainTeed to Build New Production Facility with $118 Million Expansion in Oxford

CertainTeed, a manufacturer of building products, will add 37 new jobs in Granville County. The company will invest $118.8 million to expand its roofing shingle manufacturing facility in Oxford. “CertainTeed’s expansion is a great indicator of North Carolina’s manufacturing economy,” said Governor Cooper. “Aside from accolades for being the best place to do business, companies…
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EDPNC
04/08/2022

International Steel Manufacturer to Make $350M Investment in Davidson County

Nucor Corporation, a steel and steel product manufacturer with locations across North America, will build a new “micro-mill” in Lexington, located in Davidson County. The company, which has its headquarters in Charlotte, will invest $350 million into the project which will create 180 jobs with an average annual wage of $99,066, higher than the county…
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EDPNC
04/07/2022

Economic Development and Business Leaders Discuss North Carolina’s Future Growth Through Innovation at First-ever EDPNC Annual Forum on Economic Development

On March 24, 2022, economic developers, elected officials and industry CEOs gathered to discuss how innovation and talent will continue to transform North Carolina’s business landscape at the inaugural Economic Development Partnership of North Carolina (EDPNC) Annual Forum on Economic Development. Former North Carolina State Senator and EDPNC Board Chairman Gene McLaurin opened the Forum…
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EDPNC
04/06/2022

American Retailer to Invest Over $500M in Rowan County, Bringing 2,800 New Job Opportunities

Well-known American retailer, Macy’s, Inc., will build its first-ever fully automated distribution center in China Grove, located in Rowan County. The company will invest $584.3 million for the project which has a goal of 2,800 new jobs. “North Carolina’s economic development has been taking off this year, with companies and projects covering a range of…
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EDPNC
03/30/2022

Automotive Manufacturer VinFast Selects North Carolina for North American Assembly Plant

VinFast, a Vietnamese electric vehicle and battery company, is bringing its first North American automotive assembly and battery manufacturing plant to North Carolina. The company plans to invest $4 billion and create 7,500 jobs in Chatham County, making this the largest economic development project in North Carolina’s history. “North Carolina’s state leadership is wholly committed to unlocking…
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EDPNC
03/21/2022

EDPNC Releases 2021 Annual Report: “Together We Thrive”

Raleigh, N.C. – The Economic Development Partnership of North Carolina (EDPNC) today released is 2021 Annual Report entitled “Together We Thrive,” highlighting North Carolina’s notable economic growth in 2021. The report includes an in-depth analysis of the state’s successes through the work of the EDPNC and its partners, such as the North Carolina Department of…
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EDPNC
03/02/2022

North Carolina Tourism, Travel and Outdoor Recreation Industries to Receive $6 Million Investments

North Carolina was awarded $6.4 million to establish a new tourism-focused economic recovery initiative. The new program, Supporting and Strengthening Resiliency in North Carolina’s Travel, Tourism, and Outdoor Recreation Sectors Initiative, will help develop and implement economic-building strategies for the recovery of North Carolina’s travel and tourism industries that suffered economic losses due to the…
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EDPNC
02/17/2022

PHARMACEUTICAL COMPANY BESTCO WILL EXPAND IN IREDELL COUNTY CREATING 394 JOBS

BestCo LLC, a leading manufacturer of innovative over-the-counter pharmaceutical, vitamin, and supplement products will significantly expand its facilities in Iredell County, creating 394 jobs. The company will invest $177 million to increase production capacity in Mooresville. “North Carolina is one of the top locations in the world for pharmaceutical, and innovative manufacturers like BestCo help…
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EDPNC
02/17/2022

TEN GRANTS TO RURAL COMMUNITIES TO ATTRACT 60 NEW JOBS AND NEARLY $31 MILLION IN PRIVATE INVESTMENT

The North Carolina Rural Infrastructure Authority (RIA) has approved ten grant requests to local governments totaling $2,119,529. The requests include commitments to create a total of 349 jobs, 289 of which were previously announced. The public investment in these projects will attract more than $30.8 million in private investment. “In order for North Carolina’s economy…
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