Today Governor Josh Stein announced that North Carolina’s Rural Infrastructure Authority (RIA) has approved eight grant requests for local governments totaling $4,085,208. The grants include commitments to create a total of 396 jobs, 300 of which were previously announced. As a result of these grants, the additional investment in these projects, from private and public sources, is expected to reach more than $126.2 million.
Topics Related to Economic opportunity
Today Governor Josh Stein announced Supreme Nonwoven Inc., a leading manufacturer of advanced nonwoven materials and products, will create 50 new jobs in Davidson County. The company will invest $25.8 million to establish its first U.S. manufacturing facility in Lexington.
Today Governor Josh Stein joined state and local officials to break ground on JetZero’s first commercial airplane manufacturing facility at the Piedmont Triad International Airport. JetZero’s flagship manufacturing operations will create more than 14,500 high-wage aerospace manufacturing jobs – the largest economic development project in North Carolina history based on job commitment.
Today Governor Josh Stein and the North Carolina Department of Commerce announced grant awards to 13 local governments to support housing, infrastructure, and community improvement projects that benefit low- and moderate-income North Carolinians. The grants, totaling more than $13.7 million, were awarded through the department’s Community Development Block Grant – Neighborhood Revitalization (CDBG-NR) program.
As thousands of fans gathered in Charlotte over the weekend for the U.S. Men’s National Team Send-Off Match ahead of the FIFA World Cup, North Carolina stepped further into the global soccer spotlight through a series of major events and international team partnerships supported by the state’s Major Events, Games, and Attractions Fund (MEGA Fund).
Today Governor Josh Stein announced BorgWarner Inc. (NYSE: BWA), a global product leader of sustainable mobility solutions, will add 378 jobs in Henderson County. The company says it plans to invest $100 million in Hendersonville to vertically integrate its operations and produce critical components to support business growth.
Today Governor Josh Stein and Assistant Secretary of Rural Economic Development Reginald Speight visited the town of Edenton to showcase the state’s partnership with local governments to expand economic opportunity in rural North Carolina.
Today Governor Josh Stein announced that North Carolina set a record for tourist spending in 2025, with travelers spending more than $37.2 billion on trips to and within the state, surpassing the previous record of $36.7 billion set in 2024.
This week Governor Josh Stein is making the case for investing in North Carolina at the U.S. Department of Commerce’s SelectUSA Investment Summit. Yesterday Governor Stein participated in the Governors Attracting Global Investment panel, highlighting North Carolina's competitive advantage for foreign investment.
Governor Josh Stein has proclaimed May 3-9, 2026, to be Small Business Week to celebrate the impact of entrepreneurs and small businesses on North Carolina’s economy.
“North Carolina communities are energized by the one million small businesses that innovate, create jobs, and spur growth,” said Governor Josh Stein. “As we celebrate Small Business Week, we recognize the immense contributions of entrepreneurs statewide and reaffirm our commitment to supporting their success and resiliency by fostering opportunity in every corner of the state.”