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News & Events

NEWS & EVENTS

News

02/20/2017

Productions including “Good Behavior” Receive Film Grants

The second season of the TNT series “Good Behavior,” the independent film “American Animals” and a national Audi commercial are receiving state grants to support their filming in North Carolina. Combined, the three projects awarded North Carolina Film and Entertainment Grants are expected to generate a direct in-state spending of approximately $46.2 million. The productions will…
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02/20/2017

Trade Team Assists Companies with Export Issues

Helping more companies enter and navigate export markets is more important than ever, because slowed economic growth globally and the strengthening U.S. dollar may continue to have a negative impact on exports nationwide in 2017. In 2016, the EDPNC’s international trade team helped more North Carolina companies enter foreign markets and increase their income from…
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02/15/2017

Case Study: EDPNC Helps Power Cord Maker Access Overseas Market

In 2013, Stay Online Corp. attended its first international trade show outside the U.S., just as it was beginning to explore overseas markets for its products. What a difference three years makes. The end assembly manufacturer of power cords, plug adapters and other power connectivity products has attended many more trade events, increased its exports…
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02/14/2017

Case Study: Why CSX Chose North Carolina for the World’s Most Technologically Advanced Rail Terminal

Local and state officials are calling CSX’s decision to build a massive intermodal rail terminal in Rocky Mount a “game changer” because it is expected to attract manufacturers and distribution centers to Eastern North Carolina while stimulating more shipping at the Port of Wilmington. Building the facility is expected to create roughly 250 to 300…
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02/10/2017

North Carolina Positioned to Rise to the Top of the Data Economy

Collaboration, proactive branding, and a focus on data science education and talent development will propel North Carolina to the top of the data economy, according to a new report published today by the North Carolina Board of Science, Technology & Innovation (BSTI). “North Carolina has significant assets to steam ahead in the data economy: marquee…
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02/09/2017

New Wood Truss Manufacturing Plant Will Create 71 Jobs in Montgomery County

Carolina Structural Systems will open a manufacturing plant in Montgomery County that will employ 71 workers, Gov. Roy Cooper announced today. The maker of wooden building trusses will invest $1.3 million at a location in Star over the next three years. “These good-paying jobs will put more money in the pockets of North Carolina workers and…
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02/09/2017

Clearwater Paper Investing $330M and Adding 180 jobs in Shelby Expansion

Clearwater Paper Corporation will launch a major expansion at its facility in Cleveland County, creating 180 jobs over the next two years. The company will invest $330 million at its production and distribution operations in Shelby. “Companies like Clearwater Paper know that North Carolina is a wonderful place to do business thanks to our skilled…
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EDPNC
02/08/2017

Swiss Manufacturer Opening Plant and Creating 93 Jobs in Charlotte Area

Global technology group Oerlikon will invest $62 million to establish a manufacturing hub in Mecklenburg County that will create 93 new jobs during the next five years, Gov. Roy Cooper announced. “North Carolina is a leader in advanced manufacturing and these are the kinds of skilled, high-paying jobs we want to bring to our state,”…
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02/08/2017

Automotive Component Maker Adding 42 Jobs in Tarboro

Keihin Carolina System Technology will expand its automotive electronics assembly operation in Edgecombe County, adding 42 jobs over the coming three years. The company plans to invest more than $13 million at its Tarboro facility. “This expansion shows confidence in our workforce, our economy and our state as a great place for world-class employers to…
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EDPNC
01/24/2017

Planned Mountaire Farms Feed Mill to Bring 65 Well-Paying Jobs to Scotland County

Mountaire Farms plans to build a new feed mill operation that calls for bringing 65 new jobs to Scotland County. The integrated poultry processing company plans to invest nearly $44 million at a site near Laurinburg over the next three years. “These new, good-paying jobs mean better opportunities for hard-working people and their communities in…
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01/04/2017

North Carolina Lowers Corporate Income Tax to 3% in 2017

North Carolina’s corporate income tax rate, which dropped to 3 percent in January, is the lowest in the nation, according to the Washington, D.C.-based Tax Foundation. The foundation is an independent tax policy research organization that analyzes state tax codes and advocates for competitive policies. In North Carolina, the business tax has been reduced each…
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01/04/2017

Automotive Seal Maker KACO Plans to Double Lincoln County Workforce

KACO USA, a maker of high-precision sealing solutions for the automotive industry, plans to expand its production facility in Lincolnton, North Carolina, creating 100 new jobs and investing $8.4 million there over the next three years. KACO USA, which currently employs 101 people at its Lincoln County plant,  is a unit of German KACO GmgH + Co., which became…
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