Topics Related to Jobs/Economy

North Carolina highlights the economic importance of the state’s manufacturing sector this week in a proclamation issued today by Governor Roy Cooper. The declaration of October 2-6 as 'North Carolina Manufacturing Week’ brings attention to a business sector that employs 460,000 people in the state, represents 20 percent of the state’s total economic output and offers young people a challenging and rewarding career path.

NN, Inc. will move its headquarters to North Carolina, creating 200 jobs over five years, Governor Roy Cooper announced today.  The global diversified industrial company will invest $10 million to open its headquarters in Mecklenburg County and bring executive management and other core functions to North Carolina. 

Agriculture equipment distributor LS Tractor USA will expand operations in Nash County, creating 31 jobs over five years, Governor Roy Cooper announced today. The company will invest $11.5 million to add employees and upgrade offices and facilities in Battleboro.

A total of 32 small, technology-oriented companies across 18 North Carolina communities will get $1.9 million to help them grow and provide good jobs, Governor Roy Cooper announced today. These are the latest round of grants from the state’s One North Carolina Small Business program, an important source of capital that helps early-stage technology companies bridge the challenging period between initial development of a new technology and the point where sales revenue from a new product is generated.

New York Air Brake, LLC (NYAB), a global manufacturer of innovative train control systems for the railroad industry, will expand operations at its Premtec Division in Rowan County, Governor Roy Cooper announced today. The company plans to create 28 jobs and invest over $1 million in its plant in Salisbury in conjunction with a grant from the state’s One North Carolina Fund. Long term, the company intends to add as many as 40 jobs at the facility.

Fibertex Personal Care, a Danish textile company, will add 145 jobs in Asheboro with its first U.S. manufacturing facility, Governor Cooper announced today. The company plans to invest $60 million by December 31, 2021 with a project facilitated in part by a Job Development Investment Grant (JDIG). 

Albemarle Corporation, a global specialty chemicals company, will add 200 jobs in North Carolina, Governor Cooper announced today. In Cleveland County, the company will add 170 new jobs and invest $10.5 million over five years with a project facilitated in part by a Job Development Investment Grant (JDIG). The company also plans to continue to grow its corporate headquarters in Charlotte by adding 30 jobs and plans to increase its investment in Cleveland County to a total of $20 million. 

Revlon, the global cosmetics and beauty care products company will expand operations at its existing facility near Oxford, creating 55 full-time jobs over three years, Governor Roy Cooper announced today. The company will invest $16.1 million to add production capacity for its Elizabeth Arden line of products.

TrueLearn, LLC plans to create 44 new jobs and move its headquarters and operations to Iredell County, Governor Roy Cooper announced today. The company works with many of the leading medical schools and residency programs in the country to help young physicians achieve board certification in various specialties of medicine. The company is expanding its services to new fields within health care and plans to invest $435,000 over five years in Mooresville.

Allstate Insurance Company will add 2,250 jobs over three years in North Carolina as it expands its operations in Mecklenburg County, Governor Roy Cooper announced today. Allstate already employs more than 1,400 people in the area. As part of the expansion, the company plans to invest more than $22 million in the Charlotte area.