Topics Related to Economic opportunity
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.
Today, Governor Josh Stein announced that global integrated logistics company Maersk has selected Charlotte for its official North American headquarters. Maersk will add 520 jobs to its current Charlotte-based workforce over the next several years, ultimately bringing its Charlotte workforce to more than 1,300. The company will invest $16 million in Mecklenburg County in the process.
Today Governor Josh Stein announced Scout Motors Inc., an automotive manufacturer, will create 1,200 jobs in Mecklenburg County. The project will invest more than $206.9 million to establish its corporate headquarters operation in the City of Charlotte.
Today Governor Josh Stein joined Toyota leaders and local officials to celebrate the opening of Toyota’s first battery plant in North America. This $13.9 billion investment in Liberty is creating more than 5,100 jobs in Randolph County.
Governor Josh Stein today announced that 19 new small business recovery projects in western North Carolina have been awarded grants totaling $13.8 million through the North Carolina Department of Commerce’s Small Business Infrastructure Grant Program (SmBIZ). These awards represent the second round of funding from the state’s Hurricane Helene recovery initiative, helping communities rebuild the public infrastructure that local small businesses rely on to operate and thrive.
Governor Josh Stein has directed the Governor’s Council on Workforce and Apprenticeships to make recommendations to effectively implement the newly created Workforce Pell grants to help North Carolina students take advantage of additional career training opportunities. The Council includes representatives of key stakeholders, including the North Carolina Department of Commerce, North Carolina Community College System, the University of North Carolina System, and North Carolina Independent Colleges and Universities.
This week, Governor Josh Stein led a 51-person delegation to the Southeast United States (SEUS)/Japan Annual Joint Meeting in Tokyo, Japan, reaffirming North Carolina’s strong partnership with Japan and furthering the work to recruit more good-paying jobs to the state. North Carolina was the host southeastern state for the past two years. The delegation included Department of Commerce Secretary Lee Lilley, EDPNC CEO Christopher Chung, and North Carolina business leaders.
Today Governor Josh Stein announced BorgWarner Inc., a U.S.-based global mobility solutions company, is expected to create 193 jobs in Henderson County. The company says it will invest a minimum of $74.9 million to build an advanced manufacturing facility for a new industrial product in Hendersonville. This investment further strengthens North Carolina’s automotive supply chain.
Governor Josh Stein announced today that Pacific Life, the Fortune 500 insurance company, will open a new office and create 301 jobs in Charlotte. The company will invest $12.3 million in Mecklenburg County to strategically expand its business operations.