The North Carolina Department of Commerce released the county tier designations for 2024 today. The designations, which are mandated by state law, play a role in several programs that assist in economic development.
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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.
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.
North Carolina to launch the community economic recovery and resiliency initiative
Governor Roy Cooper announced that the North Carolina Department of Commerce will pilot the Community Economic Recovery and Resiliency Initiative (CERRI) to support communities with their recovery and response to the economic impacts of COVID-19.
Fintech Company Robinhood to create nearly 400 New Jobs in mecklenburg county
Robinhood Markets, Inc., a California-based financial services firm, will create nearly 400 jobs in Mecklenburg County, Governor Roy Cooper announced today. The company will invest $11.7 million to establish an office in Charlotte focused on customer experience roles.
North Carolina's January employment figures released
The state’s seasonally adjusted January unemployment rate was 5.9 percent, declining 0.2 points from December’s revised rate. The national rate declined 0.4 points to 6.3 percent.
2020 N.C. main street champions to be honored virtually
North Carolina Main Street Champions will be recognized for their commitment to downtown revitalization and strong communities during a virtual recognition ceremony today.
Little improvement in N.C. job market expected until 2022
North Carolina’s heavy-fisted response to the coronavirus pandemic has resulted in a delayed economic recovery, reports from state and national economists show.
Grover Gaming’s expansion brings 200 new jobs to Greenville
Grover Gaming Inc., a software development and design company with offices and distribution facilities in seven U.S. states, will expand its Greenville headquarters, adding 200 positions to its existing North Carolina workforce, Commerce Secretary Anthony M. Copeland announced today. The company will invest $12.5 million in its operations in Pitt County during the coming four years.
North Carolina’s October county and area employment figures released
Unemployment rates (not seasonally adjusted) decreased in all 100 of North Carolina’s counties in October. Scotland County had the highest unemployment rate at 10.5 percent while Watauga County had the lowest at 4.1 percent. All 15 of the state’s metro areas experienced rate decreases. Among the metro areas, Fayetteville had the highest rate at 8.3 percent while Raleigh and Durham-Chapel Hill each had the lowest at 5.3 percent. The October not seasonally adjusted statewide rate was 6.1 percent.