News

July 31, 2019

City of Newton provides foundation, grant funding for Temprano Techvestors expansion

Temprano Techvestors announced that it has completed the program requirements for the Rural Building Reuse grant it was awarded in August 2016, and its flagship customer-facing company and brand, Corporate Armor, is now calling Newton, N.C. home.

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July 25, 2019

Drug manufacturer to bring 425 jobs, $680 million to Durham, Wilson

Merck, a global pharmaceutical manufacturing company, is adding 425 new jobs across North Carolina in exchange for $12.5 million in incentives. Merck will be required to invest $680 million in the Durham project by the end of 2023. It will invest $30 million in Wilson.

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July 25, 2019

Mebane lands 400 jobs, $40 million behind incentive package

Swiss industrial equipment maker ABB plans to add more than 400 jobs in Orange County after receiving an incentive package worth a total of $7.6 million.

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July 25, 2019

Black’s Tire brings 26 new jobs, $2.7 million investment to Whiteville

Black’s Tire Service, Inc, a tire distributor and service company, will invest $2.7 million to expand their current distribution center in Whiteville, North Carolina. The expansion will create 26 jobs, and doubles the size of the warehouse.

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May 28, 2019

New commercial tenant taking 16,000 square feet in Loray Mill

Though steeped in history as a flagship of the bygone textile industry, the Loray Mill in Gastonia hasn’t hosted any manufacturing operations in a quarter century. But that will change soon when the redeveloped building welcomes a new commercial tenant into a sizeable portion of space on its east end.

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May 28, 2019

City OKs $20,000 grant to revitalize Emporium location in downtown Hickory

An investor is looking to renovate the Emporium building in downtown Hickory with a bit of financial help from the city.

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May 28, 2019

Dssolvr, a brewery and more, renovates unit in historic downtown Asheville building

The 16-foot wooden doors at 63 N. Lexington Ave. have long remained shuttered, though that hasn't hampered public interest in what lies behind.

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May 28, 2019

City puts focus on downtown incentives

Rocky Mount has an aging downtown and many neglected buildings, but a city official is quick to point out the municipal government has financial incentives to help stimulate rehabilitation efforts.

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May 21, 2019

Marion Initiative Revives Downtown Business

It was a only a matter of time before state economic development officials would find the GEM of Marion.

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May 21, 2019

New Life – VIDA – Coming to Downtown Kannapolis

What was once nondescriptly called the "Demonstration Project" in downtown Kannapolis is now coming about as a catalyst for the city's future.

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