Taxpayer Bill of Rights amendment filed in N.C. Senate
A bill filed in the North Carolina Senate on the traditional April 15 tax deadline day would make tax and spending limits a part of the North Carolina Constitution, if voters approve it in 2022.
Business
House lawmakers push state tax exemption for expenses paid with PPP loans
Lawmakers in the North Carolina House have fast-tracked a bill that would allow businesses that received Payroll Protection Program loans from the federal government to have any expenses the funds were used for deducted from state tax.
Plastic manufacturer to establish first North American operation in Gaston County
Polykemi AB, a Swedish manufacturer of plastic compounds, will create 22 new jobs in Gaston County, Governor Roy Cooper announced today. The company will invest $11.8 million to locate its first U.S. production facility in the Gastonia Technology Park.
House committee set to debate bill fully reopening bars, restaurants
A House Judiciary committee is scheduled Tuesday, April 13, to take up a bill that would fully reopen bars and restaurants, as long as they follow specific safety guidelines.
Op-Ed Submission: Support, share, and strengthen local news media
After working in the business in some way, shape or form, I decided to start a publishing company. People asked me and a longtime colleague, Kassaundra Lockhart, why we couldn’t just start our own paper. The answer was simple - “resources.”
Governor Cooper announces 325 jobs as biopharmaceutical manufacturer selects Lee County
Abzena Holdings (US) LLC, a life sciences contract development and manufacturing organization (CDMO), will locate a significant biopharmaceutical manufacturing site in Lee County, creating 325 jobs and investing $213 million in Sanford, Governor Roy Cooper announced today.
State senators move to make nonprofit donor names private
A new bill supported by influential N.C. senators would protect the confidentiality of donors to nonprofit organizations and charities.
Filtration supplier to invest $26 million in Hickory
Gusmer Enterprises, Inc., a manufacturer of filtration and fermentation products, will create 73 new jobs in Catawba County, Governor Roy Cooper announced. The company will invest $26.5 million to build a production facility in Hickory.
Corporate tax should be priority
North Carolina state government is headed into the 2021-22 fiscal year with nearly $5 billion in unanticipated revenue and unencumbered savings. Even after making critical deposits into the state’s rainy-day fund, reserve for repairing and renovating state buildings, and other accounts, there’ll be enough money left on the table to start a fight.
Leading pressure pipe company to create 44 jobs in Columbus County at new manufacturing facility
Pipeline Plastics Holdings, LLC, a leading manufacturer of high-performance industrial pipeline systems, will create 44 new jobs in Columbus County, Governor Roy Cooper announced today. The company will invest $4.6 million in a new production facility in Fair Bluff.
Bipartisan Senate group to push for broadband expansion in new bill
A bipartisan group of senators is crafting legislation that would find ways to expand broadband access in North Carolina.
High-performance automotive parts manufacturer selects Stanly County for new industrial plant
American Racing Headers & Exhaust, Inc., a leading designer, manufacturer, and distributor of stainless-steel headers and exhaust system components, will locate a new manufacturing facility in Stanly County, Governor Roy Cooper announced today. The company will invest $4.37 million and add 63 new jobs as it relocates its operations to the Charlotte region.