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News & Events

NEWS & EVENTS

News

07/13/2017

A Prescient Move: Construction Software Firm Relocates Base from Denver Area to Durham

Prescient, which provides a fully integrated and patented software design, engineering and manufacturing solution for the construction industry, is moving the company’s headquarters from Arvada, Colorado, to Durham, North Carolina, after recently opening a second manufacturing facility in nearby Mebane. The North Carolina manufacturing plant will serve clients east of the Mississippi River, while the…
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07/12/2017

Get to know Frank Emory Jr., New Board Chair of the EDPNC

Recently, Leslie Boney at North Carolina State University’s Institute for Emerging Issues sat down with EDPNC’s new board chair, Frank Emory Jr.  Emory is a partner at Hunton and Williams LLP, specializing in complex commercial litigation and arbitration. We’ve compiled a few highlights from the interview. On Emory’s experience growing up in rural North Carolina…
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07/11/2017

North Carolina’s Automotive Sector Shifts to High Gear

Automotive manufacturing is a thriving and fast-growing part of North Carolina’s diverse manufacturing industry, which employs more than 460,000 people and constitutes the largest manufacturing workforce of any state in the Southeast. Employment in the state’s automotive manufacturing cluster grew 22 percent between 2012 and 2016, and now encompasses more than 26,000 people working for…
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07/06/2017

Infosys to Create 2,000 Technology Jobs in North Carolina’s Innovative Research Triangle Region

Another high-tech company is putting down roots in North Carolina’s Research Triangle region. Today Infosys, a global business consulting and information technology company, announced its plans to locate a brand new technology and innovation hub in Wake County, investing $8.73 million and creating 2,000 jobs. Earlier this year, Infosys announced its intent to open four…
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07/06/2017

Catawba County Furniture Manufacturer to Expand, Adding 72 jobs

The next time you’re shopping for a new sofa at Pottery Barn or West Elm take a close look at the tag. There’s a chance it was manufactured in North Carolina. Sutter Street Manufacturing, a Williams-Sonoma, Inc. operation, recently announced plans to create 72 new jobs with an expansion in Catawba County.  The upholstered furniture…
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06/30/2017

Auto Parts Maker to Transfer Japanese Production and Create 28 New Jobs in Scotland County

FCC (North Carolina), a Japan-based manufacturer of automotive parts, will expand operations in Scotland County and create 28 jobs over three years. With this expansion, the company plans to invest $826,500 in Laurinburg, North Carolina. The company is part of a global production network under the Japanese parent FCC Co. Ltd. It has two plants…
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06/27/2017

What Is Biltong? The Meat Snack Made by an African Firm Locating its 1st U.S. Plant in North Carolina

Stormberg Foods, a South Africa-based producer of meat protein snacks, will locate its first U.S. production facility in Goldsboro, North Carolina, creating 60 jobs in Wayne County over three years and investing $2.48 million in the plant. Gary Moorcroft, chief executive officer of Stormberg Foods, said “several compelling factors” persuaded the company to choose North…
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06/23/2017

Bus Manufacturer Picks North Carolina over Indiana and South Carolina for Expansion

This week, Governor Roy Cooper announced that Ventura Coach Corp and a related company, Absolute Bus, will create 61 new jobs with an expansion in Robeson County. Ventura Coach, which manufactures commercial shuttle buses, plans to invest $2 million for an upgrade of its facilities in Lumberton. The expansion was welcome news for a company…
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06/20/2017

Triangle’s “Tech Stew” Makes It the Nation’s No. 5 Market for Tech Companies

Raleigh-Durham-Chapel Hill is the No. 5 market for tech companies in the nation, according to a recently released study by real estate brokerage giant Cushman & Wakefield. Cushman & Wakefield’s Tech Cities 1.0 report reviewed tech growth in U.S. markets across the U.S. and highlights the Top 25 markets. These cities have outperformed the U.S….
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06/20/2017

Turkish Fabric Maker to Reopen Idle Winston-Salem Plant and Create 260 New Jobs

Textiles manufacturer HPFabrics plans to invest $1.1 million in the closed Microfibres facility in Winston-Salem, North Carolina, creating 260 jobs in Forsyth County over the next three years. HPFabrics is a subsidiary of Istanbul-based Tukek Holding, a Turkish raw fabrics manufacturer and exporter of technical leather, suede (flocked fabric), upholstery fabric, woven fabric and polyurethane…
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06/02/2017

Adhezion Biomedical Creating 40 New Jobs in $3.5M Caldwell County Expansion

Adhezion Biomedical a research and manufacturing company offering medical adhesive products, will create 40 jobs over the next four years as it expands its facility in Caldwell County. The company plans to invest $3.5 million in Hudson over this period of time. “We are delighted to be able to commit to making Hudson, N.C. our…
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05/24/2017

5 Reasons North Carolina is a World Trade Leader

By Jamie McCall, Research Analyst at EDPNC In celebration of World Trade Month, we’re taking a look at how North Carolina businesses are contributing to the global economy. Before getting into the list, I’d like to quickly note the methodology behind this data series. There are two widely-used sources of export data. First, the Census…
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