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News & Events


General

7/29/2015

State Revenue Exceeds Minimum to Reduce Corporate Tax Rate to 4%

[Economic Development Partnership of North Carolina]

Final state revenue figures exceed the minimum required to trigger a drop in North Carolina’s corporate income tax rate from 5 percent to 4 percent in 2016.The reduction to 4 percent will become effective beginning Jan. 1, 2016, and make North Carolina’s corporate income tax rate the lowest top

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Biotechnology

7/23/2015

This article originally appeared on the website of the N.C. Biotechnology Center and is republished here with permission.North Carolina’s Raleigh-Durham region, a.k.a. the Research Triangle, has the nation’s second-leading life science base among major metro areas, up from No. 4 since

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Company Expansions

7/20/2015

Cloud Computing Company Plans 200-Job Expansion in Durham

[North Carolina Office of the Governor]

Interactive Intelligence Group Inc. will be expanding in Durham County and plans to create 200 new jobs in Durham within the next five years. Interactive Intelligence’s capital investment will be $1.2 million by the end of 2019.“Nothing compares to North Carolina’s IT workforce,” Gov. Pat

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Job Announcements

7/15/2015

Nutec Group will develop a new advanced manufacturing facility in North Carolina creating 61 new jobs over the next three years.The company also plans to invest $19.2 million in the town of Huntersville over the same period to construct a new 62,500 square foot plant.“North Carolina is connected

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Job Announcements

7/15/2015

GE Aviation Hosts Grand Opening of Expanded West Jefferson Machining Factory

[Economic Development Partnership of North Carolina]

GE Aviation, a global leader in jet engine and aircraft system production, recently hosted a grand opening ceremony at the site of its machining factory expansion in West Jefferson, N.C.GE Aviation’s Randy Hobbs, head of GE Aviation's rotating parts value stream, and Tim Tucker, West Jefferson

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Accolades

7/12/2015

North Carolina Wins 2015 Silver Shovel Award for Economic Development

[Economic Development Partnership of North Carolina]

North Carolina recently won one of Area Development magazine's 2015 Silver Shovel awards. The awards recognize states for economic development efforts that drive significant job creation and investment in new and expanded facilities.The annual Shovel awards measure factors such as innovative

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Job Announcements

7/8/2015

Dimensional Fund Advisors LP (Dimensional) will be locating its East Coast regional headquarters in Mecklenburg County. The company plans to create 316 jobs in Charlotte by the end of 2020.There will also be capital investment of approximately $105 million for acquiring property, building and

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Job Announcements

7/5/2015

Herbalife Plans to Create 301 More Jobs in Winston-Salem

[North Carolina Office of the Governor]

Herbalife Ltd. will be expanding in Forsyth County. The company plans to create 301 new jobs in Winston-Salem by the end of 2018, in addition to the 500 jobs that will have been created by the end of 2015.It also plans to invest an additional $3.5 million into infrastructure and development by the

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Automotive

7/2/2015

Metal Works Manufacturing Plans to Create 86 New Jobs in Shelby

[North Carolina Office of the Governor]

Metal Works Manufacturing Co. will be expanding in Cleveland County and plans to create 86 new jobs in Shelby within the next three years. Metal Works Mfg. Co’s annual investment in new jobs for the Cleveland County work force will be $3.9 million by the end of 2019.Gov. Pat McCrory, North

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Job Announcements

7/2/2015

National Spinning Plans to Bring 50 New Jobs to Beulaville

[North Carolina Office of the Governor]

National Spinning Co., Inc. will be expanding its facilities in North Carolina and creating 50 new jobs over the next three years.The company plans to invest $1.5 million in the town of Beulaville over the same period, according to Gov. Pat McCrory, N.C. Commerce Secretary John E. Skvarla III

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