Press Releases

Siemens Mobility, Inc., the global manufacturer of rail transportation vehicles and control systems, will build a major advanced manufacturing and rail services center in Davidson County, creating 506 jobs, Governor Roy Cooper announced today.

Axium Packaging, a manufacturer of packaging and containers, will create 118 jobs in Randolph County over the next three years, Governor Roy Cooper announced today.

Global integrated logistics solutions provider, UPS [NYSE: UPS], will create 98 new jobs in Onslow County, Governor Roy Cooper announced today.

Global RFID inlays and tags manufacturer, Tageos will create 64 new jobs in Henderson County, Governor Roy Cooper announced today.

Economists in the Office of State Budget and Management and the General Assembly’s Fiscal Research Division released an updated consensus revenue forecast today anticipating an additional $3.25 billion in state revenues for FY 2022-23, putting total state General Fund revenue collections at $33.76 billion.

Kempower Inc., a manufacturer of charging stations for electric vehicles, will create more than 300 jobs as it locates a new manufacturing facility in Durham County, Governor Roy Cooper announced today.

Today, Governor Cooper joined the United States Department of the Treasury and Internal Revenue Service in recognizing January 27 as Earned Income Tax Credit (EITC) Awareness Day to encourage eligible North Carolinians to claim the tax credit on their upcoming federal taxes.

After a historic year for job announcements and investments, North Carolina has been named the “State of the Year” for economic development by Business Facilities magazine.

The North Carolina Department of Commerce awarded 30 Community Development Block Grant - Neighborhood Revitalization (CDBG-NR) fund requests to 27 local governments totaling $42.3 million.

Governor Roy Cooper announced today that 42 local governments in rural areas across the state have been awarded grants from the Rural Transformation Grant Fund, supporting rural economic development projects in North Carolina.