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News & Events




Data Point: North Carolina’s Life Science Sector Continues to Grow

It’s no secret that North Carolina has one of the most robust life science sectors in the country. But it’s always nice when newly published data backs that up. More than 650 life science companies operate in the state, directly employing 63,000 people. The number of jobs in North Carolina’s life science sector has increased…
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Delaware-based Refrigerant Supplier Weitron Picks Martin County for New Plant

Weitron Inc., a packager and distributor of refrigerant gases, has selected the town of Everetts in Martin County for a new $12.8 million production facility that will create 31 new jobs. “Weitron considered several options,” said Deborah Dayton, president of the company based in Newark, Delaware. “North Carolina fit all of our strategic goals. Its…
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Smart-Grid Software Provider Moving Base from Silicon Valley to Research Triangle

Trilliant Networks, which provides smart grid software solutions for utilities and energy retailers, is moving its global headquarters from California’s Silicon Valley to North Carolina’s Research Triangle area, creating 130 new jobs there over the next five years. The company is relocating its headquarters from Redwood City, California, to offices on Harrison Oaks Boulevard in Cary,…
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Automotive Supplier Continental Adding 160 Jobs in $40M Burke County Plant Expansion

International automotive supplier Continental is launching a $40 million expansion of its main manufacturing facility in Morganton, North Carolina, and plans to create 160 new jobs there over the next five years. The company, which has two facilities in Morganton, will be expanding its main plant there to support a new product line – Continental’s next-generation MK C1…
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Ryan-AL’s New Plant Will Reshore Door Manufacturing and Create 53 Jobs in Lenoir

Ryan-AL Inc., a specialty manufacturer of fiberglass doors, will create 53 jobs and invest $1.7 million to open a manufacturing facility in Lenoir, North Carolina, moving production back to the U.S. from China in the process. “North Carolina competes for business with locations around the world,” Gov. Roy Cooper said. “Ryan-AL’s choice to move operations…
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Taxiway Will Fuel High-Flying Greensboro Aviation Cluster

Aviation companies interested in becoming a part of the growing aerospace industry in North Carolina’s Greensboro area will welcome completion this summer of a taxiway-bridge providing access from Piedmont-Triad International Airport (PTI) to roughly 900 acres near the airport. The project features prominently in a case study appearing in the 2017 North Carolina Economic Development…
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Israeli Plastic Foam Maker Palziv Expanding in Franklin County

Palziv North America, an internationally recognized manufacturer of polyethylene foams, will add 40 jobs in a nearly $5.2 million expansion to its headquarters in Louisburg, North Carolina. “North Carolina enjoys a reputation on the global stage as a great location for manufacturers,” state Gov. Roy Cooper said. “Companies have many choices when they evaluate a location, and…
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SouthCorr Packaging Investing $6.7M in Asheboro Plant and Adding 22 Jobs

SouthCorr Packaging, a manufacturer of corrugated packaging material, is investing $6.7 million to expand its plant in Asheboro, North Carolina, where it will add 22 new jobs. While compensation will vary by position, average salaries for the new jobs will be $36,200, above the current average annual wage in Randolph County of $33,974. “Demand for…
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Global Apparel Company to Bring 133 New Jobs to Randolph County

MAS Holdings, a global apparel technology and manufacturing company based in Sri Lanka, will locate its first U.S. manufacturing and development center in Randolph County, creating 133 new jobs. The company plans to invest nearly $20 million in the facility. The project is connected to MAS’s pending acquisition of the manufacturing assets of Acme-McCrary, a…
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Medical and Wood Products Companies Announce Expansions in McDowell County

A global health care company and a wood products supplier are expanding their manufacturing operations in McDowell County and plan to create 118 new jobs. Baxter International, which manufactures and markets a broad portfolio of renal and hospital products, therapies and technologies, is investing $7.4 million at its Marion manufacturing facility, where it will add 90…
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Top U.S. Faucet Maker Moen Invests in $15M Expansion of Kinston Distribution Center

Leading U.S. faucet maker Moen Incorporated will be investing $15 million in expanding its distribution facility in Kinston, North Carolina, creating 35 new jobs there over the next five years, according to a Lenoir County press release. “The city of Kinston has been a great fit for Moen, since we first became part of the community nearly 30…
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North Carolina Ranks No. 1 Regionally, No. 4 Nationally for Attracting New Businesses

North Carolina has retained its fourth-place spot in a well-regarded annual ranking of states attracting the most new and expanded corporate facilities. North Carolina had 289 qualifying projects announced in 2016, according the latest Governor’s Cup ranking from Site Selection magazine. Among the Top 5, North Carolina trailed only Texas, Ohio and Illinois, and finished ahead…
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