Topics Related to Economy
Today Governor Josh Stein released a statement highlighting the impacts of the federal government shutdown across North Carolina and urging leaders in Washington to return to the negotiating table.
Governor Josh Stein today announced that the Rural Infrastructure Authority (RIA) has approved 21 grant requests for local governments totaling $9,815,885. The grants include commitments creating a total of 758 jobs, 489 of which were previously announced. The public investment in these projects is expected to attract more than $179 million in private and public investment.
Today Governor Josh Stein announced MST Rebar Inc., a fiberglass rebar supplier, will create 83 new jobs in Bladen County. The company will invest more than $15.5 million to locate its first U.S. fiberglass rebar manufacturing facility in the town of Bladenboro.“North Carolina has the largest and most talented advanced manufacturing workforce in the Southeast – and it’s a great place to live,” said Governor Josh Stein. “We are pleased to welcome MST Rebar to our state.”
Today Governor Josh Stein announced household appliance company Electrolux Consumer Products, Inc., will add 74 new jobs in Lenoir County. The company will invest more than $23.7 million to expand its Kinston dishwasher production facility and Manufacturing Center of Excellence for dish production in North America.
Today, Governor Josh Stein announced Cardon Rehabilitation & Medical Equipment USA, LLC, a manufacturer of customizable powered treatment tables and exercise equipment, will add 20 new jobs in Lenoir County. The company will invest more than $4 million to establish its U.S. headquarters and manufacturing facility in Kinston.
Today Governor Josh Stein announced Judco Manufacturing, Inc., an automotive supplier, will create 60 new jobs in Greene County. The company will invest more than $5.3 million to move its headquarters and research and development operations to Snow Hill.
Today Governor Josh Stein joined Biogen leaders and local officials at the company’s 30th anniversary event to celebrate North Carolina’s leadership in the biotech industry and highlight Biogen’s $2 billion commitment to expanding its presence in North Carolina.“North Carolina is a global leader in life sciences, and Biogen has been at the heart of that story for three decades,” said Governor Josh Stein. “This new $2 billion investment means more innovation, more good-paying jobs, better health, and a stronger economy.”
Today in partnership with Major League Soccer and the North Carolina Department of Commerce, Governor Stein anno
On the heels of the largest jobs commitment in North Carolina’s history, Governor Josh Stein, North Carolina Department of Commerce Secretary Lee Lilley, and the Economic Development Partnership of North Carolina traveled to Paris to advocate for North Carolina with business leaders at the 55th edition of the Paris Air Show.
Yesterday, during Small Business Week, Governor Stein and North Carolina Secretary of Commerce Lee Lilley visited downtown Marshall to highlight the importance of supporting small businesses impacted by Hurricane Helene. Governor Stein has proclaimed May 4 – May 10, 2025 as Small Business Week to celebrate the impact of entrepreneurs and small businesses on North Carolina’s economy.