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News

10/16/2018

Outdoor Furniture Manufacturer Locating $35M Plant and 384 New Jobs in Roxboro

POLYWOOD, a manufacturer of outdoor furniture made from recycled plastics, is opening a $35.3 million manufacturing and distribution center in Roxboro, North Carolina, that will create 384 new jobs over five years in Person County. “We are excited about opening our new full-scale production campus in North Carolina,” said POLYWOOD Chief Executive Officer Doug Rassi….
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10/05/2018

North Carolina Ranks Third Nationwide in Competitive Corporate Income Taxes

North Carolina’s corporate income tax ranks No. 3 in the nation in terms of its competitiveness for business, according to a high-profile comparison of business tax climates across the U.S. Corporate tax is one of five categories the Washington, D.C.-based Tax Foundation considers in producing its annual State Business Tax Climate Index. The nonpartisan, pro-business…
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09/26/2018

Partners Deploy to Help NC Small Businesses Recover from Hurricane

The Economic Development Partnership of North Carolina (EDPNC) is one of several leading industry-support organizations that have banded together to take calls and provide assistance to small- to mid-size businesses needing immediate help in recovering from the devastation of Hurricane Florence. Collaboration is critical to providing a more streamlined and efficient recovery response to help…
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09/26/2018

Global Maker of Dental Products Expanding in Charlotte, Creating 320 New Jobs

Dentsply Sirona, a global manufacturer of professional dental products and technologies, is investing $3 million in a Charlotte expansion expected to create 320 jobs over three years. “North Carolina has the right ingredients for success for manufacturers and life sciences companies, including skilled, experienced workers,” said state Gov. Roy Cooper. “Dentsply Sirona’s decision proves again…
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09/25/2018

Pennsylvania Industrial Machinery Maker Opening New Plant in New Bern

McGuckin & Pyle, Inc., a manufacturer of custom lamination and processing equipment, is locating a new plant in New Bern, North Carolina, creating 33 new jobs and investing $2.25 million. The company will bring mechanical and electrical control system assembly and machinery services to New Bern. “Much of our state is hurting after Hurricane Florence….
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09/06/2018

National General Insurance Adding 626 Jobs in $12M Winston-Salem Expansion

National General Insurance, a property and casualty insurance company, plans to expand its operations in Winston-Salem to create 626 new jobs over five years. The company currently employs 1,405 people in North Carolina. The company, a subsidiary of National General Holdings Corp., plans to invest $12.2 million in the expansion by the end of 2022. “National…
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08/29/2018

Publix to Build $300M Greensboro Distribution Center Creating Up to 1,000 New Jobs

Publix Super Markets, Inc. will build a refrigerated distribution center in Guilford County by the end of 2022 as part of a multiphase project and has plans to create up to 1,000 jobs by 2025. The company is expected to invest up to $300 million in the first phase of the project. “Publix recognizes North…
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08/28/2018

Booz Allen Hamilton Announces 208 New Jobs in Cumberland County

Booz Allen Hamilton, a management and technology consulting firm, will expand its current operations in Cumberland County, creating 208 new jobs over five years. The company expects to invest more than $5 million in the project by the end of 2020. “Booz Allen Hamilton is expanding here thanks to Cumberland County’s workforce, which is strengthened…
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08/28/2018

Japanese Company Dowa Thermotech Opening $22M, 109-Job Plant in Sanford

Dowa Thermotech, a global provider of industrial furnaces and heat protection treatments, will build its first North Carolina plant in Lee County, creating 109 jobs. The Japanese company plans to invest $22.5 million in Sanford with plans to serve clients in the automotive and industrial machinery supply chains. “Dowa Thermotech is the latest example of…
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08/23/2018

All 100 North Carolina Counties Saw Increased Visitor Spending in 2017

Record visitor spending in 2017 was reflected with visitor spending increases in all 100 North Carolina counties, state Secretary of Commerce Anthony M. Copeland announced today. Visitor spending reached nearly $5.4 billion in Mecklenburg, $2.3 billion in Wake, $1.4 billion in Guilford and $1.1 in Buncombe and Dare counties. Rounding out the top 10 counties…
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08/17/2018

Jackson Paper Manufacturing Company to Add 42 Jobs in Burke County

Jackson Paper Manufacturing Company, North Carolina’s largest recycled paper producer, will open a new plant in Burke County, creating 42 jobs. The company plans to invest approximately $14 million in its new plant in Morganton and begin operations in the 2nd quarter of 2019. This new facility will produce more than 1 billion square feet per…
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07/25/2018

Arch Capital to Open $12.9M Hub Bringing 365 New Jobs to Raleigh

Arch Capital Group Ltd., a globally diversified financial services group providing insurance, reinsurance and mortgage insurance, will open an operational hub in Raleigh and create 365 new jobs over four years. The company will invest $12.9 million in North Carolina by the end of 2019. “The overall attractiveness of the area, combined with our existing…
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