Topics Related to Economic opportunity
Today Governor Josh Stein held his latest NC Strong Update to celebrate economic development wins across North Carolina. Since the beginning of the year, Governor Stein, the North Carolina Department of Commerce, and the Economic Development Partnership have brought more than 33,000 jobs to North Carolina, a record-breaking year for job commitments. 33,000 Jobs of Today and Tomorrow
Today Governor Josh Stein announced CITEL America, Inc., a French manufacturer of industrial surge protection products, will create 57 new jobs in Orange County. The company will invest $12.5 million to relocate its North American operations to Hillsborough.
Today, Governor Josh Stein announced that Environmental Air Systems, LLC, a leading volumetric modular manufacturer of HVAC infrastructure, will create 300 jobs in Randolph County. The company will invest approximately $20 million to establish a new sub-assembly production operation in Asheboro.
Today Governor Josh Stein announced GE Aerospace will add 44 new jobs in Ashe County. The company will invest more than $52.9 million to expand its site in West Jefferson.“GE Aerospace’s expansion is a win for western North Carolina,” said Governor Josh Stein. “GE Aerospace could have chosen any location for this investment, but they chose the ‘First in Flight’ state because they believe in the hardworking people of Ashe County to power them forward.”
This week, Governor Josh Stein and the North Carolina Department of Commerce announced seven new economic development projects that will bring more than 3,400 jobs and invest more than $1.8 billion in North Carolina. These announcements come on the heels of Scout Motors selecting Charlotte for its new headquarters, investing more than $206.9 million, and bringing 1,200 jobs to the Queen City.
Today Governor Josh Stein announced VectorTex USA, LLC, a product developer and technology company, will create 44 new jobs in Bladen County. The company will invest more than $6 million to establish its first North American manufacturing facility in Elizabethtown.
Today, Governor Josh Stein announced intelligent power management company Eaton will add 30 jobs in Nash County by expanding its aerospace components manufacturing facility with a $6.8 million investment in the Town of Middlesex.“I am delighted to announce Eaton’s recommitment to North Carolina,” said Governor Josh Stein. “This additional investment strengthens our position as a national leader in aerospace manufacturing. The aerospace supply chain gets continues to thrive here in the first in flight state, making us also the future of flight.”
Governor Josh Stein today announced that Novartis, a global leader in the development and manufacturing of innovative medicines, will expand its pharmaceutical manufacturing operations in North Carolina. The company says it expects to create 700 new jobs by the end of 2030 in Durham and Wake counties, while investing $771 million in the City of Durham and Town of Morrisville.
Today Governor Josh Stein announced that Fit Precast, an industrial concrete product manufacturer, will create 125 new jobs in Gaston County. The company says it will invest $102 million to build its headquarters and concrete pipe production facility in Gastonia.
Today Governor Josh Stein announced Vulcan Elements Inc., a manufacturer of rare earth magnets, will invest $918.1 million in the town of Benson to expand its magnet production capacity and establish the largest magnet factory in the world outside of China. The company will add 1,000 new jobs to Johnston County.