From July 2020 to July 2021, there was a net inflow of 637,729 Americans into these top-five destination states: Florida, Texas, Arizona, North Carolina, and South Carolina. During the same period, there was a net outflow of 918,443 Americans from these top-five exporter states: California, New York, Illinois, Massachusetts, and Louisiana.
Governor Roy Cooper announced 24,224 new jobs in North Carolina last year, representing 185 business recruitment, expansion or rural development projects that engaged with the North Carolina Department of Commerce or its team at the Economic Development Partnership of N.C. in 2021. These projects will bring $10.1 billion of capital investment into the state, marking new all-time highs for economic development performance.
On a recent road trip through Western North Carolina and North Georgia, I had occasion to stop at service stations, restaurants, hotels, and small businesses. Each establishment had a sign on the door conveying the same message: help needed.
With the recent announcements of a new Toyota battery plant in Randolph County, a new Fujifilm Diosynth drug plant in Wake County, a large MasterBrand cabinet facility in Kinston, and a big White River Marine operation in New Bern for making saltwater boats, among other projects, North Carolina’s manufacturing sector appears to be thriving.
Science 37, Inc. [ NASDAQ: SNCE ], the Agile Clinical Trial Operating System, will relocate its corporate headquarters from California to North Carolina’s Research Triangle region and create 250 jobs over five years in Wake County, Governor Roy Cooper announced today. The company will invest nearly $1.5 million to establish operations in the Town of Morrisville.
The Kroger Co. (NYSE: KR) America’s largest grocery retailer, will build a high-tech customer fulfillment center in Cabarrus County and create nearly 700 jobs over five years to support a logistics facility that will be established in the City of Concord, Governor Roy Cooper announced today.
Today Toyota Motor North America announced they will be building a major-scale battery manufacturing plant to North Carolina, bringing 1,750 jobs to Greensboro, NC.
Toyota will build its first North American battery manufacturing plant for a new generation of vehicles in North Carolina, creating at least 1,750 jobs, Governor Roy Cooper announced today. Toyota will invest $1.29 billion at the Greensboro-Randolph Megasite, strengthening North Carolina’s position as a leader in the nation’s growing, clean energy economy.
Sherrill Furniture, a high-end furniture manufacturer, will create 90 new jobs in Catawba County, Governor Roy Cooper announced today. The company will invest $2.9 million to open a new custom upholstery production facility in Conover.
MasterBrand Cabinets, one of the largest cabinet manufacturers in North America, will expand its operations in Lenoir County to create more than 464 jobs over five years, Governor Roy Cooper announced today. The company will invest more than $13.5 million to expand production capacity at its manufacturing center in Kinston.
Hosokawa Custom Processing Services, a contract chemical processor, will create 16 new jobs in Wayne County, Governor Roy Cooper announced today. The company will invest $6.5 million to relocate a processing center to Goldsboro.
Meel Corp, a frozen food company, will create 24 new jobs in Granville County, Governor Roy Cooper announced today. The company will invest $5.7 million to relocate a production facility in Oxford.
