News & Events

NEWS & EVENTS

News

05/09/2019

Flooring Industry Supplier Loba-Wakol Adding Distribution Center and 24 Jobs in Wadesboro

Loba-Wakol, a supplier to the wood and resilient flooring industry, will expand its operations in North Carolina, establishing a new distribution and warehouse facility in Anson County and creating 24 jobs, The company plans to invest $6.6 million in Wadesboro. The average annual wage of the new jobs announced today will be $43,750. The average…
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05/08/2019

Window Manufacturer Pella Locating $20M Plant, 124 New Jobs in Reidsville

Pella Corporation, a leading manufacturer of window and door products for residential and commercial use, will create 124 jobs at its new manufacturing facility in Rockingham County. The company will invest nearly $20 million in the new operation in Reidsville, and hiring will begin in the fourth quarter of 2019. “After an extensive site selection…
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05/08/2019

North Carolina Tourism Fuels Record Related Employment and Visitor Spending

North Carolina tourism generated record visitor spending in 2018 with a total of $25.3 billion. The 5.6 percent increase from 2017 was North Carolina’s largest percentage growth in travel and tourism spending since 2011. Additionally, tourism industry-supported employment topped 230,000 jobs to set another record for the state. “Tourism is a major economic engine for…
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05/06/2019

Recruiter Focuses on Promising Sector of Value-Added Food Processing

In January 2017, Laura Lee joined the EDPNC to fill a new position focused on recruiting food and beverage manufacturing operations, particularly value-added processors using local crops in their final product. “We grow over 80 commodities, and a large percentage of what is grown in North Carolina is shipped out of the state to be…
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05/06/2019

Sushi Rice Innovator Adds New Flavor to Granville County’s Industry Mix

When innovative startup RiceWrap Foods announced in 2018 that it was locating a $9.9 million processing plant expected to create 305 new jobs in Butner, it was a big win for rural Granville County. RiceWrap uses a trade-secret method of preparing frozen rice sheets for sushi. The distinctive food processor adds something new to the…
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05/06/2019

Chief Executive Magazine Again Ranks North Carolina a Top 5 State for Business

North Carolina ranks No. 4 in the nation among the top-performing states in Chief Executive magazine’s 2019 Best and Worst States for Business survey. Chief Executive surveyed CEOs across the country about their opinions of all 50 states for the 2019 report. The results were released today. In its coverage of the award, the magazine…
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05/01/2019

Report: NC’s Life Sciences Sector Has Grown 33% since 2008

The newly published report “2018: Evidence and Opportunity: Impact of Life Sciences in North Carolina” is a fascinating story of transformation. It also marks the 10th anniversary of the North Carolina Biotechnology Center’s contract with TEConomy Partners to track and evaluate the state’s life science landscape. Bottom line: The nation’s 10-year escape from the Great…
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04/30/2019

Strong Partnership Brings Job-Creating Projects to Randolph County

The Economic Development Partnership of North Carolina’s work with Randolph County illustrates how a strong local and state partnership supports the growth of smaller manufacturers located in rural communities. In 2018, six manufacturers — assisted by Tracy Dellinger of the EDPNC and Kevin Franklin of the Randolph County Economic Development Corporation — announced expansions expected…
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04/25/2019

New India Office Will Fuel Foreign Investment in North Carolina

After several years of significant growth for Indian investment in the state, in 2018 the Economic Development Partnership of North Carolina opened its first overseas office committed to identifying and attracting corporate investors from India. “We’re among a handful of states to establish an office in India dedicated to cultivating foreign direct investment,” said Ryan…
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04/23/2019

EDPNC Annual Report: Growing Industry, Exports, Tourism Revenue and More

The Economic Development Partnership of North Carolina (EDPNC) recently released its annual report for 2018, marking the state’s second-best year in a decade for the number of new jobs attached to announced project wins. That’s just part of the good news reflected in the EDPNC’s latest annual report, which looks at our role and results…
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EDPNC
04/18/2019

Impact Plastics Expansion Will Add Well-Paying Jobs in Richmond County

Superior Plastics Extrusion Company, Inc., known as Impact Plastics, will expand its manufacturing operations in Richmond County and create 13 jobs. The company will invest $5.3 million in Hamlet. Salaries for the new jobs will vary by position, but the average annual wage will be $76,412. The average annual wage in Richmond County today is…
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04/17/2019

Pet Supply Retailer Chewy Building 1,200-Job Distribution Center in Salisbury

Chewy, a leading online pet-supply retailer, has selected Rowan County in North Carolina for a 700,000-square-foot fulfillment center, with plans to create 1,200 new jobs and invest $55 million over the next several years. “This represents the largest new jobs announcement in Rowan County’s history,” said Greg Edds, chairman of the Rowan County Board of…
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