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News

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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04/11/2019

EDPNC Road Show Connects Nearly 70 Businesses with Exporting Experts

North Carolina’s internationally based trade representatives recently traveled to communities stretching from Boone to Wilmington to meet individually with nearly 70 businesses that want to grow their revenue through exporting. “These businesses, many of them too small to have in-house international sales experts, signed up for one-on-one appointments with our trade representatives working in Mexico,…
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04/09/2019

North Carolina Companies Bring in Record $2.7B in Venture Funding in 2018

North Carolina-based high-growth companies raised a record-setting $2.7 billion in venture funding in 2018, a 144 percent increase over 2017, according to the Durham-based Council for Entrepreneurial Development (CED). The CED recently released its 2018 Innovators Report, which tracks the activity of technology-based entrepreneurial enterprises in North Carolina. “Having large, noteworthy fundraisings such as those…
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04/09/2019

German Pharma Manufacturer Tops Off $100M Expansion in Wilson

Fresenius Kabi, a global health care company based in Germany, hosted a topping off ceremony last week to celebrate the $100 million expansion of its pharmaceutical manufacturing campus in Wilson, North Carolina. The topping off ceremony was a traditional celebration of construction projects upon the installation of the topmost structural member – in this case,…
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04/05/2019

Wipes Manufacturer Pacon Creating 300 Jobs in Brunswick County

New Jersey-based Pacon Manufacturing Corporation, a contract manufacturer of wipes, pads and liquids, has selected the North Carolina town of Navassa in Brunswick County for its new plant, creating 299 new jobs and investing $37.6 million. “Pacon Manufacturing chose North Carolina because of our strong workforce, infrastructure and community support,” said Gov. Roy Cooper. Pacon…
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04/03/2019

EDPNC Trade Support Helps ImmunoReagents Increase Foreign Sales

Antibodies are Y-shaped molecules produced by the immune system’s plasma cells that have the ability to neutralize toxins and pathogens like bacteria or viruses. They were originally described in the late 1800s as the active component of antiserum and a key component of most types of immune response. In the 1970s, scientists developed techniques to…
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04/02/2019

Grady-White Boats Grows with Support of State Partners

Grady-White Boats got its start in the Old Star Tobacco Warehouse No. 2 on Albemarle Avenue in Greenville, North Carolina. The company was founded in 1959 by entrepreneur Don White and boat builder Glen Grady. The fledgling business offered two boat models—a 16-foot and 17-foot runabout. They shipped their first four boats in February 1960…
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03/25/2019

Cellectis Joins Growing List of NC Gene-Therapy Manufacturers

North Carolina’s prominence in the global gene therapy race has taken another leap forward. Paris-based biotechnology company Cellectis recently announced plans to invest nearly $70 million and create 200 jobs in Raleigh, at what will become its first North American manufacturing facility. Cellectis, a clinical-stage biopharmaceutical company developing a new generation of cancer therapies, said…
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03/21/2019

Ready to Export? Sign Up for NC’s Go Global Road Show

North Carolina manufacturers wanting free expertise to increase their export sales should register now for the 2019 Go Global Road Show, which is being presented April 1-4 in four locations across the state. The state’s foreign-based trade representatives will be traveling to North Carolina from their offices around the world to meet individually with export-ready…
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03/08/2019

Cancer Therapy Researcher Cellectis Locating 200-Job Plant in Raleigh

French firm Cellectis, a clinical-stage biopharmaceutical company developing cancer treatments based on gene-edited T-cells, has selected Raleigh, North Carolina, for its first U.S. commercial-scale manufacturing facility, with plans to create 200 new jobs. “Cellectis intends to build the world’s first manufacturing facility in North Carolina that will put together gene editing and cell therapies,” said…
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02/21/2019

Health Insurer Aetna Adding 300 Jobs in High Point

Aetna, a CVS Health business, is growing its presence in North Carolina and will add more than 300 new employees in High Point by the end of 2020. The business will invest approximately $2.5 million to upgrade its facilities and equipment in conjunction with this expansion. “North Carolina attracts flagship operations from the nation’s leading…
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02/20/2019

Health-Care Products Maker BestCo Adding 141 New Jobs in $47.5M Expansion in Mooresville

BestCo, a manufacturer of lozenges, dietary supplements and other over-the counter health care products, plans to invest $47.5 million in an expansion of its facility in Mooresville, North Carolina, creating 141 new jobs in Iredell County. The Mooresville-based company’s 56,000-square-foot addition to its 200,000-square-foot plant will accommodate production machinery and workspace for employees. “We have…
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