Topics Related to Economic opportunity
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.
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.