Incentives Coverage

Vietnamese solar company to create 900 jobs, invest $294 million in Pitt County

Boviet Solar plans to spend $294 million by the end of 2027 as part of the deal, state economic development officials said Friday. It's the latest clean-energy recruiting win for commerce officials, who approved an incentives package worth up to $16.4 million.

Jack Hagel, WRAL state government editor

Unit of home builder PulteGroup to create 157 jobs in Chatham County, state officials say

Innovative Construction Group plans to add the jobs at a new manufacturing facility in Siler City by 2029, state economic development officials said Tuesday.

Jack Hagel, WRAL News

Durham biotech company cancels $18.9M economic incentives deal with NC

BioAgilytix Labs said declines in biotech funding caused the company to shift its strategy. Its grant was one of three canceled Tuesday by state economic developers.

Jack Hagel, WRAL News

Defense contractor Duotech adding 95 Jobs in Macon County

Franklin-based Duotech Services, which specializes in the maintenance of older defense equipment, will pay an average salary of $91,271 for the new positions.

WRAL News staff

Biopharma company to create 401 jobs in Wilson

The jobs would be part of a $371 million investment in Wilson County. The announcement came during a meeting of the state Department of Commerce's Economic Investment Committee.

Jack Hagel, WRAL state government editor

Japanese pharmaceutical company to open in Sanford, create over 100 new jobs, NC officials say

In exchange for the 102 jobs and millions of dollars in promised capitol investment in Lee County, Kyowa Kirin will receive over $10 million in state and local incentives.

Will Doran, WRAL state government reporter

State officials cancel incentives package for Credit Suisse

An incentives package was canceled after Credit Suisse failed to meet employment targets.

NC officials cancel incentives package for Credit Suisse

The financial services giant in 2017 said it planned to add 1,200 jobs at a technology hub in North Carolina. An incentives package was canceled after the company said it wouldn't meet employment targets.

By Jack Hagel, WRAL News

NC officials cancel $32 million incentives package for Bandwidth

State economic developers had approved an incentives package worth up to $32.3 million for the company's planned 1,165-person expansion in Raleigh. The company asked the state to terminate the grant after failing to meet employment targets.

Jack Hagel, WRAL News

German engineering company to bring 195 jobs to Mooresville

Dehn Inc., which specializes in lightning- and surge-protection systems, plans to open an office and training center in Mooresville, where it expects to employ 195 people by 2029.

Jack Hagel, WRAL News

State government knows: To lure jobs, workers, you must have quality child care

About half of North Carolina families with children live in so-called "child care deserts," places where there aren't enough openings for children who need them, or where quality child care is financially out of reach for most families.

Laura Leslie, WRAL Capitol Bureau Chief

On WRAL-TV at 6: Find out if you're eligible for a free new appliance

Are you eligible for thousands of dollars back using new tax incentives? 5 on Your Side's Keely Arthur lays out the steps you need to follow to get your money.

Incentives often don't always mean job creation, new state report shows

Data released this month from the Department of Commerce shows that few companies that have been given these grants follow through on their commitments.

Ali Ingersoll, WRAL Investigative Data Journalist

North Carolina offering more incentives to Apple than every other state combined, records show

WRAL Data Trackers looked through the numbers to see if and how the massive investment might pay off.

Ali Ingersoll, WRAL investigative data reporter

Toyota battery plant 'a game changer for North Carolina'

Toyota plans to build a $1.3 billion plant in the Triad to manufacture batteries for electric and hybrid vehicles, state officials said Monday.

Do vaccine incentives pay off in more shots?

With more counties expected to offer gift cards or other incentives to parents hesitant to get their children vaccinated against coronavirus, WRAL's Dan Haggerty looks at how effective incentive programs were for adult vaccinations.

Dirt moving, incentives approved for rumored Amazon distribution center in Fayetteville

City and county officials on Monday agreed to provide up to $2.5 million in incentives to help attract a distribution facility to Fayetteville.

Gilbert Baez, WRAL Fayetteville reporter

Fayetteville distribution facility would create 500 jobs, bring $100M investment

City and county officials on Monday agreed to provide up to $2.5 million in incentives to help attract a distribution facility to Fayetteville.

Fayetteville council discusses incentives for 500-job project

The Fayetteville City Council meets to discuss providing $1.25 million in incentives for an economic development proposal known only as "Project Bronco."

Use them or lose them: Edgecombe races to give out remaining vaccination cash cards

North Carolina's summer vaccination incentive program ended last week in most counties, but Edgecombe County is still in a race against the clock to give out the rest of its $100 rewards.

Keenan Willard, WRAL Eastern North Carolina reporter

Wake leaders: More big job announcements on horizon

Wake County leaders say it took years to bring Apple to RTP, but more expansions are already lining up to follow its lead.

Wake leaders say Apple's $1B investment just the beginning of RTP growth

Wake County leaders spoke Friday about why Apple chose North Carolina for its new campus, and about new projects coming to the area near the RTP site.

Adam Owens, WRAL anchor/reporter

Esports would get a boost in NC House bill

State House lawmakers are looking at tax incentives to bring e-sports tournaments to North Carolina and funding for more training centers at schools around the state.

Laura Leslie, WRAL Capitol Bureau chief

NC changed incentives law to lure 'big fish' like Apple

To land Apple, North Carolina dangled a massive incentives package. It even rewrote incentive program rules two years ago with Apple in mind.

Apple deal will bring benefits well beyond the Triangle

The state law that allows for tax incentives for big projects like the Apple campus allows North Carolina to tap state tax withholding for each of Apple's employees and direct the money into a fund which provides for broadband internet, roads, bridges and public school investments in 80 counties.