Economic development Coverage

All assets associated with the tag: economic development

EV charger manufacturer doubles jobs commitment in Durham - now 601

A manufacturer of electric vehicle chargers that had committed to build its first U.S. facility in Durham will now plan to hire 601 workers in the region.

Nearly 100 high-paying jobs coming to Onslow County as UPS to build a new distribution center

Nearly 100 new jobs are expected to come to Onslow County as UPS will build a $12.3 million distribution center in the Town of Holly Ridge.

64 high-paying jobs coming to Western NC as French high-tech manufacturer will build new HQ

A manufacturer of high-tech RFID products headquartered in France will open its North American headquarters in Western NC.

Hockey fans flood Raleigh for Stadium Series, generating millions for local economy

Initial ticket sales data shows that about half of buyers are from outside of Wake County

Ali Ingersoll, WRAL Data Journalist

Hockey fans flood Raleigh for Stadium Series, generating millions for local economy

Reskill or be replaced: Meta latest tech firm to pose questions for Triangle workers, leaders

As Meta officially is occupying a Durham office space, with plans to add workers, what’s this mean for the region? There are positives – but also challenges.

Charlotte developer to build $20M business park in Johnston County

A Charlotte-based developer will construct a 125,000 square foot business park near the intersection of Interstate 40 and Future Interstate 42 in Clayton.

Central NC becoming hub for electric vehicle manufacturing

Companies continue to select North Carolina as the place to build manufacturing facilities along the EV supply chain. But why?

405 jobs coming to Charlotte region as Pallidus brings $443M headquarters, semiconductor plant

A manufacturer of semiconductors will relocate its headquarters and open a manufacturing plant in the Charlotte region, investing $443 million.

EV charging station manufacturer picks Durham for $41M plant, with plans to hire 300 workers

Kempower, a manufacturer of charging stations for electric vehicles, will open a new manufacturing facility in Durham County and plans to hire 300 workers.

Gene therapy firm backs out of $5M incentives deal for Durham expansion

A gene therapy company that had planned a $75 million expansion in Durham County is backing out of an economic incentives deal made in 2020.

Pharma giant Eli Lilly to add 100 jobs at $450M manufacturing facility in RTP

Eli Lilly will expand in Research Triangle Park, adding additional manufacturing capacity for drug products. They'll invest $450 million and hire 100 workers.

ImpactData to construct 'Dream Center' in Greensboro, investing $130M and creating 28 jobs

ImpactData will invest more than $130 million to build out a new facility in the Gateway Research Park South Campus in East Greensboro.

Commercial real estate firm JLL expanding Triangle industrial team

Commercial real estate firm Jones Lang LaSalle is expanding its industrial team in the Triangle as the sector remains red hot in 2023 after record 2022.

Record number of jobs, economic projects worth $19.3B won by NC in 2022

2022 was another record year for economic development in North Carolina, with the state attracting $19.3 billion in investment and thousands of jobs.

NC's past economic development failures are behind the state, and more wins are coming in 2023

The days of North Carolina missing out on big ticket economic development projects may be over, with 2023 poised to see multiple $1 billion deals announced.

Many more ‘transformative’ economic development deals coming to NC in 2023

An economic development leader shared five reasons why the state will attract huge mega-deals worth more than $1B in 2023 at an event on Wednesday.

Amazon center to open in 2023 in Fayetteville

Amazon has made some cuts in its operations to save money, but an economic leader in Cumberland County says the company still plans to open its 1.3 million-square-foot fulfillment facility there.

Inside biotech firm's $40M decision to build new Durham campus, add 200 more jobs

Global CDMO firm Catalent will invest $40 million to build a third facility in North Carolina, in the heart of Research Triangle Park.

Biotech firm bringing 201 jobs that pay $91,500+ to Durham

Catalent Pharmaceutical Solutions will invest nearly $40 million in Durham, with plans to add more than 200 jobs that pay greater than $91,500 annually.

Charlotte firm adding 200+ near 6-figure jobs to expand lithium battery efforts

North Carolina's growing lithium battery and energy sector is going to gain 205 jobs at an average wage of more than $94,000.

Believe it: Meat company investing $123M, creating 100+ jobs in Wilson

North Carolina’s burgeoning food technology sector is growing again as Believer Meats will open its first production facility in Wilson, creating 100 jobs.

Lab-grown meat production brings jobs to Wilson

Believer Meats, an Israeli producer of lab-grown meat, is expanding to the United States and North Carolina. Gov. Roy Cooper on Wednesday announced the company's plan to build a production facility to employ 100 people in Wilson. It comes with a promise to invest $123 million and average annual salaries for future employees of $60,087.…