As a business leader, or employer of any type in North Carolina, you’re facing new challenges from the COVID-19 pandemic. EDPNC is here to help you navigate these unique economic challenges in the days ahead.
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…
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,”…
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…
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…
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…
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…
