News

September 26, 2019

Durham’s downtown came back from brink with creative partnerships

Downtown Durham was in trouble. The North Carolina city was hit hard by the loss of industries like tobacco, textiles, farming and furniture, and the situation had become dire by the 1990s. Everything downtown, from the iconic brick tobacco buildings to textile factories, was shuttered. “When those economies began to…

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September 19, 2019

Aberdeen’s infrastructure investment attracts new businesses

A newly installed sewer line that connects the future Aberdeen Elementary school currently under construction on N.C. 5 to the town’s public utilities is not yet in use by students, but business interest is lining up. “We are getting regular inquiries for development already,” Town Manager Paul Sabiston told town…

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September 19, 2019

Rockingham secures $200,000 grant, leading to $5 million investment

Governor Roy Cooper’s office announced a grant of $200,000 to Novipax to renovate their 79,902 square foot manufacturing plant in Rockingham. The renovation will allow the creation of 20 to 25 new jobs in Richmond County and the company will additionally invest $5 million, according to Economic Developer Martie Butler.

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September 19, 2019

Halifax lands 120 jobs, $4.5 million investment from PCB Piezotronics

PCB Piezotronics of North Carolina, a designer and manufacturer of high-precision sensors used in a variety of test and measurement and industrial settings, will invest nearly $4.5 million to consolidate production operations currently located in China and California to its facility in Halifax County, North Carolina. The project is expected…

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September 19, 2019

High Point leaders break ground on $80 million development project

One day after High Point University announced its 10-year growth plan, the city of High Point broke ground on an $80 million dollar development project. City leaders say it’s a way to move the city forward. READ MORE…

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September 4, 2019

Kinston welcomes new company, 145 jobs to Global Transpark

The North Carolina Global Transpark welcomed Jetstream Aviation Aug. 29 with a groundbreaking ceremony.

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September 4, 2019

Insurance startup Policygenius bringing hundreds of jobs to Durham after incentives

Policygenius, an insurance startup that has built a marketplace for consumers to compare multiple insurance policies, will open an office in Durham and hire hundreds of employees here after receiving an incentive package from the state.

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September 4, 2019

Used-car retailer formally announces $33.2 million investment, 413 jobs in Concord

Online used-car retailer Carvana will open an inspection and recommissioning facility in Concord at the former Philip Morris site, a move expected to come with $33.2 million in investment and 413 new jobs over the next five years.

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September 4, 2019

Town of Spencer, Rowan County earn 30 jobs, $11.75 million investment from Innospec

Innospec, located adjacent to Interstate 85 in northern Rowan County, will add 30 jobs to its local facility and invest $11.75 million in new equipment and improvements, the Rowan Economic Development Commission announced Friday.

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September 4, 2019

Rocky Mount attracts 96 jobs, $4.7 million investment from FFE Transportation Services

A temperature-controlled food products motor carrier — reportedly owned by two wealthy brothers in Mississippi — is going to open a new service center along the North Church Street corridor on the far north to northeastern side of Rocky Mount.

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