SunTree Snack Foods will create 94 new jobs in Wayne County and will invest $10.1 million to establish an East Coast manufacturing site in Goldsboro. “SunTree Snacks has made a great decision to establish an East Coast headquarters in Wayne County,” said Governor Cooper. “Our quality of life, affordability, and manufacturing workforce continues to attract…

BIOPHIL Natural Fibers, a manufacturer of organic raw materials, will create 41 new jobs in Robeson County. The company will invest more than $10.9 million to locate a new processing operation to Lumberton. “North Carolina is the perfect place for BioPhil as our economy is deeply rooted in agriculture and manufacturing,” said Governor Cooper. “With…

Wolfspeed, a global leader in silicon carbide semiconductor manufacturing, announced that it has chosen Siler City, North Carolina, as the location for its newest semiconductor manufacturing plant. The company plans to invest more than $5 billion in this project and will create 1,800 jobs, becoming the largest capital investment for an economic development project in…

Sunlight Batteries USA, Inc., a manufacturer of lithium-ion and other high-performance batteries, announced it will invest $40 million to expand its operations into Alamance County. The company will create more than 130 jobs for its new facility in Mebane. Sunlight Batteries USA is a subsidiary of Sunlight Group, a world-leading technology company headquartered in Athens,…

Live Oak Bank, a digital, cloud-based bank, announced it will create 204 new jobs in New Hanover County and will invest $25 million in Wilmington to expand at its current location. The company’s expansion includes constructing a new office building to support additional lending and technology personnel. Headquartered in Wilmington, Live Oak Bank is FDIC-insured…

Imaflex USA, Inc., a flexible packaging manufacturer, will add 37 new jobs in Davidson County. The company will invest up to $15 million for a major building expansion along with capital equipment for its U.S. production site in Thomasville. “Imaflex’s decision to expand in Thomasville is a great example of why our state is lauded…

ABEC, Inc., a global leader providing engineered process solutions and services for biotech manufacturing will create 251 jobs in Wilson County. The company will invest $11 million in the City of Wilson to establish another ISO-7 cleanroom and increase single-use disposable container (DC) manufacturing capacity for its Custom Single Run (CSR®) biomanufacturing solutions. “Biomanufacturers that must…

Christopher Chung, CEO of the Economic Development Partnership of North Carolina (EDPNC), has been appointed to the U.S. Investment Advisory Council (IAC). Chung was appointed by United States Secretary of Commerce Gina M. Raimondo and will serve a two-year term. He is joined by 33 representatives from state and regional economic development teams, associations and…

The North Carolina Rural Infrastructure Authority (RIA) has approved 15 grant requests to local governments totaling $4,278,230. These grants are for projects that have committed to creating 526 jobs and will attract more than $200.9 million in private investment. Of the 526 jobs, 324 have already been announced. The Rural Infrastructure Authority is a 17-member board that…

Asbury Graphite of North Carolina, will create 22 new jobs in Robeson County and will invest $16.9 million as part of a capacity expansion project at its Lumberton operation.   “Asbury Graphite is yet another company that sees the value of doing business in our state,” said Governor Cooper. “When they could expand anywhere in…

NVR, Inc., a Virginia-based leading homebuilder, will expand current operations in Kings Mountain and build a new facility in Fayetteville, North Carolina, investing over $33.9 million dollars in this project and creating 261 new jobs in Cleveland and Cumberland Counties. NVR, Inc. is a Fortune 500 company that constructs homes in 15 states for Ryan…

Third-party logistics provider, Port City Logistics, will create 75 new jobs in New Hanover County. The company will invest $16 million to construct a high velocity transload facility in Wilmington. “We are delighted to welcome Port City Logistics to New Hanover County, North Carolina,” said Governor Cooper. “When companies are ready to connect with global…