Today Governor Stein joined officials with the N.C. Global TransPark and the U.S. Navy in Kinston for the ribbon-cutting ceremony at the U.S. Navy’s Fleet Readiness Center East (FRCE) military aircraft maintenance, repair and overhaul complex. The facility will provide fleet support to the United States military and bring more than 400 jobs to eastern North Carolina, with an estimated $140 million annual economic impact.
Topics Related to Economic opportunity
Today Governor Josh Stein announced that Charlotte will host the 2027, 2028, and 2029 Women’s Tennis Association Finals with the support of a $14.4 million grant from North Carolina’s Major Events, Games, and Attractions Fund (MEGA). Offered by the N.C. Department of Commerce, the grant will assist the Charlotte Sports Foundation, in partnership with the City of Charlotte, Mecklenburg County, and other community and business leaders, in hosting the three-year event.
Today Governor Josh Stein and Commerce Secretary Lee Lilley toured Cinespace Studios in Wilmington and discussed the impacts of changes to the state’s film incentive program to North Carolina’s economy.
“North Carolina’s film industry is an important part of our economy, supporting thousands of jobs and bringing millions in investment to our state,” said Governor Josh Stein. “We must protect that success and give productions the certainty they need to continue to invest here for the long term.”
Today Governor Josh Stein announced SteelFab, Inc., a steel fabrication company, will add 38 new jobs in Cumberland County. The company will invest more than $19 million to expand operations in Fayetteville.
“North Carolina is a place where businesses like SteelFab can grow,” said Governor Josh Stein. “Cumberland County is home to a world-class workforce, legacy of manufacturing excellence, and convenient East Coast location. We’re grateful that SteelFab is doubling down on Cumberland.”
(RALEIGH) Today Governor Stein announced that the North Carolina Department of Commerce, on behalf of the North Carolina Board of Science, Technology & Innovation, has awarded 50 grants to 46 North Carolina-based small businesses to develop and commercialize innovative new technologies. These technologies span a variety of industries including pharmaceuticals, health care, defense, advanced materials, seafood production, and space.
Governor Josh Stein promoted North Carolina as a top state for economic development investments and tourism while in Ireland for meetings with Irish officials and executives.
Today Governor Josh Stein announced that Boater’s World Manufacturing Group, LLC will create 179 new jobs in Beaufort County. The company says it will invest more than $6 million to establish a boat manufacturing campus in Chocowinity.
Today Governor Josh Stein announced ProVia LLC, a manufacturer of exterior building products, will create 400 jobs in Davie County. The company will invest $120 million to build a window manufacturing facility in Mocksville to serve the southeastern United States.
Today Governor Josh Stein announced Great Southern Wood-NC, Inc. (GSWNC), a manufacturer of pressure-treated lumber, will create 43 jobs in Scotland County. The company will invest $40 million to construct a lumber treatment manufacturing facility at Laurinburg-Maxton Airport.
“We are excited that Great Southern Wood has decided to plant roots in North Carolina,” said Governor Josh Stein. “This new facility will strengthen our $41 billion forestry industry and offer more opportunities in Scotland County and beyond.”
Governor Josh Stein today announced that North Carolina’s Rural Infrastructure Authority (RIA) has approved 11 grant requests for local governments totaling $4,933,520. The grants include commitments to create a total of 673 jobs, 331 of which were previously announced. As a result of these grants, the additional private investment in these projects is expected to reach more than $1 billion.