Topics Related to Economic opportunity
Today Governor Josh Stein announced Hoffman & Hoffman, Inc., a supplier of commercial HVAC systems and products, will create 131 jobs in Guilford County. The company will invest $40 million to expand its corporate headquarters and manufacturing operations in the city of Greensboro.
Today Governor Josh Stein’s Council on Workforce and Apprenticeships released a report identifying 30 strategies designed to advance North Carolina’s workforce and expand access to good jobs with good wages. When implemented, these proposed strategies will help the state attain the 11 workforce goals that the Council recommended in June.
Today Governor Stein announced nearly $50 million in grants to support local governments in western North Carolina in their Hurricane Helene recovery efforts. The grants, which are administered by the Office of State Budget and Management, provide critical funding to repair, renovate, or replace storm-damaged infrastructure.
Today Governor Josh Stein announced that the State is accepting applications for a new disaster recovery program to repair or rebuild small rental properties in western North Carolina that were damaged or destroyed by Hurricane Helene.
Two television/streaming series and an independent feature-length film have been approved for North Carolina Film and Entertainment Grants. The productions, estimated to be creating more than 4,900 jobs in total, are expected to spend more than $113 million during their production windows, supporting North Carolina film crew professionals and small businesses servicing the productions across much of the state.
Governor Josh Stein announced this week that more than $7 million in economic development grants benefiting 15 North Carolina counties has been awarded by the Southeast Crescent Regional Commission (SCRC). The grants will support job creation and retention, investments in critical infrastructure that fuel economic growth, and strengthened workforce development pipelines through targeted training and education.
Today Governor Josh Stein joined state and local officials and life sciences partners to break ground on Novartis’ expanded pharmaceutical manufacturing facilities in the Research Triangle. The expansion, part of a $771 million investment in Durham and Wake counties, will support more than 700 new jobs and expand Novartis’ capacity to manufacture life-saving medicine.
Today Governor Josh Stein joined Pennsylvania Transformer Technology, LLC (PTT) leaders, state and local officials, and clean energy partners to break ground on the company’s expanded manufacturing facilities in Raeford. The domestic manufacturer of power and distribution transformers will invest more than $102.5 million and bring 217 more jobs to Hoke County.
Today Governor Josh Stein joined the North Carolina Farm Bureau for its 90th annual convention, underscoring how essential agriculture is to North Carolina’s economy and heritage.
Governor Josh Stein today announced that the Rural Infrastructure Authority (RIA) has approved 15 grant requests for local governments totaling $5,042,113. The grants include commitments to creating a total of 702 jobs, 386 of which were previously announced. The public investment in these projects is expected to attract more than $104 million in private sector investment.