News

December 20, 2019

Gastonia nears industrial expansion, $20 million investment

Gastonia leaders have greenlit a package of incentives aimed at luring a $20.6 million industrial investment into the city. The name of the company that stands to be involved in that deal is only being referred to publicly as “Project Catamount,” as its identity is being withheld due to the…

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December 19, 2019

Mocksville awarded $2 million for infrastructure to serve poultry plant expansion that will add 244 jobs

Brakebush Brothers committed to invest $60 million and hire at least 244 in the fire-damaged former House of Raeford poultry plant in Mocksville. READ MORE…

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December 18, 2019

Morrisville lands Microsoft expansion, 500 new jobs

Computer software giant Microsoft plans to create 500 new jobs in Morrisville in exchange for more than $14.8 million in incentives. This is the second time the company has landed incentives for expanding in North Carolina in as many months, after saying it would add more than 400 jobs in…

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December 15, 2019

Wilson lands startup expansion

Raleigh-based Internet of Things organization RIoT is expanding its 12-week startup accelerator to Wilson come February 2020. Seeing promise in the leadership, broadband achievements, economic growth and rural market opportunity the city of Wilson brings, the RIoT Accelerator Program (RAP) is ready to help cultivate the next generation of technology…

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December 5, 2019

Greensboro wins $6.5 million investment, 46 jobs

Sunlight Batteries USA, an industrial battery manufacturer and member of the Greek multinational Group Olympia, is investing $6.5 million to establish an assembly and distribution center in Greensboro. The uptick: the creation of 46 jobs with wages reaching up to $47,978, the current average annual wage in Guilford County.

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December 3, 2019

Burnsville to host new facility, more than 100 jobs

An out-of-state company announced Tuesday it will open a location in Yancey County. Little Leaf Farms to bring at least 100 jobs to Yancey County. READ MORE…

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November 23, 2019

High Point earns $55 million investment

AkzoNobel is investing $55 million to expand its industrial coatings manufacturing site in High Point, NC. Announced in April, the extensive upgrade will include installing state-of-the-art production technology, as well as building a new raw materials warehouse, research lab and technical application center. READ MORE…

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November 7, 2019

Wilson to host Bridgestone expansion, $38 million local investment

One of Wilson’s largest employers announced plans to grow even larger on Friday. Bridgestone Americas has started constructing a new 288,000 square-foot facility, which is expected to open next year. The company estimated the expansion at $72 million between the Wilson project and a 272,000 square-foot expansion in Aiken, South…

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October 24, 2019

Thomasville, Davidson County incentives result in jobs, $79 million investment

The Davidson County Board of Commissioners has unanimously approved an economic incentive agreement with a company to invest $79.1 million and bring at least 25 jobs to Thomasville. The company is only being referred to as ‘Project Titan.’ READ MORE…

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October 24, 2019

Tabor City secures Carolina Botanicals facility, 30 jobs

Carolina Botanicals, a company formed to process industrial hemp, will create 30 jobs as it establishes operations in Columbus County, North Carolina Commerce Secretary Anthony M. Copeland announced. The company will invest $3.46 million in its new facility, located in Tabor City. READ MORE…

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