NC Economy | Eastern NC Now

North Carolina's economy, once vibrant, secure, struggles to endeavor for a major resurgence. There are two paths that lead the way forward: 1) One is providing a free market environment that will promote a state economy with a 'level playing field' for all participants that would be innovative, work hard and play by the rules; 2) Corporate welfare that everyone pays for, while the statists pick winners and losers. It remains to be seen which ones win out.

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NC Economy  

North Carolina's economy, once vibrant, secure, struggles to endeavor for a major resurgence.

There are two paths that lead the way forward: 1) One is providing a free market environment that will promote a state economy with a 'level playing field' for all participants that would be innovative, work hard and play by the rules; 2) Corporate welfare that everyone pays for, while the statists pick winners and losers.

It remains to be seen which ones win out.

Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that AvidXchange will expand its headquarters operations in Charlotte. The company plans to create 603 jobs in Mecklenburg County by the end of 2018 and invest more than $21.4 million.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that AvidXchange will expand its headquarters operations in Charlotte. The company plans to create 603 jobs in Mecklenburg County by the end of 2018 and invest more than $21.4 million.
 
Governor Pat McCrory signed Senate Bill 3 into law today at the Governor's Western Residence in Asheville. The bill modifies the Job Maintenance and Capital Development (JMAC) Fund.
Governor Pat McCrory signed Senate Bill 3 into law today at the Governor's Western Residence in Asheville. The bill modifies the Job Maintenance and Capital Development (JMAC) Fund.
 
Governor Pat McCrory issued the following statement after speaking with Jack Truong, president and CEO of Electrolux Major Appliances North America and executive vice president of AB Electrolux.
Governor Pat McCrory issued the following statement after speaking with Jack Truong, president and CEO of Electrolux Major Appliances North America and executive vice president of AB Electrolux.
 
Today, David Herman, MD, president and CEO of Vidant Health, announced the appointment of Brian Floyd as president of Vidant Medical Center in Greenville, NC, effective October 1, 2014.
Today, David Herman, MD, president and CEO of Vidant Health, announced the appointment of Brian Floyd as president of Vidant Medical Center in Greenville, NC, effective October 1, 2014.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Enviva plans to develop two new facilities in Richmond and Sampson counties.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Enviva plans to develop two new facilities in Richmond and Sampson counties.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that CE FoamSolutions, LLC is expanding operations in Burke County. The company plans to create 20 new jobs and invest $98,000 over the next three years in Valdese.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that CE FoamSolutions, LLC is expanding operations in Burke County. The company plans to create 20 new jobs and invest $98,000 over the next three years in Valdese.
 
Governor Pat McCrory announced today that a proposed 550-mile natural gas pipeline will bring hundreds of jobs and hundreds of millions of dollars of economic activity to North Carolina.
Governor Pat McCrory announced today that a proposed 550-mile natural gas pipeline will bring hundreds of jobs and hundreds of millions of dollars of economic activity to North Carolina.
 
Evidence is adding up to show the state's economy continues to strengthen under Governor Pat McCrory's economic policies.
Evidence is adding up to show the state's economy continues to strengthen under Governor Pat McCrory's economic policies.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that United Furniture Industries NC, LLC is expanding operations in Forsyth County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that United Furniture Industries NC, LLC is expanding operations in Forsyth County.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Cascades Tissue Group will open a new manufacturing facility in Scotland County.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Cascades Tissue Group will open a new manufacturing facility in Scotland County.
 
Governor Pat McCrory applauded a new report issued by the Commission on Workforce Development that shows North Carolina can narrow the skills gap by increasing direct collaboration between critical industries and the state's job training programs.
Governor Pat McCrory applauded a new report issued by the Commission on Workforce Development that shows North Carolina can narrow the skills gap by increasing direct collaboration between critical industries and the state's job training programs.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that CS Carolina, Inc. is expanding operations in Alamance County.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that CS Carolina, Inc. is expanding operations in Alamance County.
 
Governor Pat McCrory and Department of Commerce Secretary Sharon Decker announced today that 95 of the state's 100 counties saw increases in visitor spending in 2013.
Governor Pat McCrory and Department of Commerce Secretary Sharon Decker announced today that 95 of the state's 100 counties saw increases in visitor spending in 2013.
 
The unemployment insurance debt owed to the federal government by North Carolina has dropped by nearly $2 billion under the reforms implemented by Governor Pat McCrory.
The unemployment insurance debt owed to the federal government by North Carolina has dropped by nearly $2 billion under the reforms implemented by Governor Pat McCrory.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Harris Teeter, LLC will expand the perishable facility of its existing Indian Trail Distribution Center in Union County.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Harris Teeter, LLC will expand the perishable facility of its existing Indian Trail Distribution Center in Union County.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Sealed Air Corporation will establish its new global headquarters in Mecklenburg County. The company plans to create 1,262 jobs in Charlotte by the end of 2017.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Sealed Air Corporation will establish its new global headquarters in Mecklenburg County. The company plans to create 1,262 jobs in Charlotte by the end of 2017.
 
Charlotte, N.C. – Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Spectra Group Inc. will be moving its financial services delivery center to Mecklenburg County. The company plans to create 250 jobs in Charlotte by the end of 2018.
Charlotte, N.C. – Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Spectra Group Inc. will be moving its financial services delivery center to Mecklenburg County. The company plans to create 250 jobs in Charlotte by the end of 2018.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Ideal Fastener Corporation will be expanding its facility in Granville County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Ideal Fastener Corporation will be expanding its facility in Granville County.
 
Governor Pat McCrory released the following statement after learning of news that R.J. Reynolds Tobacco Company is set to acquire Lorillard Inc.
Governor Pat McCrory released the following statement after learning of news that R.J. Reynolds Tobacco Company is set to acquire Lorillard Inc.
 
Before an entrepreneur considers whether to expand his business or move to a new location, he typically goes through a checklist that includes most, if not all, of these items...
Before an entrepreneur considers whether to expand his business or move to a new location, he typically goes through a checklist that includes most, if not all, of these items...
 
Governor Pat McCrory announced today that North Carolina’s unemployment insurance debt to the federal government has dropped from more than $2.5 billion to $980 million during the past 18 months.
Governor Pat McCrory announced today that North Carolina’s unemployment insurance debt to the federal government has dropped from more than $2.5 billion to $980 million during the past 18 months.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Richelieu Legwear International Inc.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Richelieu Legwear International Inc.
 
The State Employees Association of North Carolina could receive significant monetary awards if it prevailed in a whistleblower complaint against those investing the state pension fund's money.
The State Employees Association of North Carolina could receive significant monetary awards if it prevailed in a whistleblower complaint against those investing the state pension fund's money.
 
In this edition, we're debuting new Duke Energy Carolinas and Duke Energy Progress Web pages. Also, view our tips on preparing for severe weather; read the latest news about our outdoor lighting strategy and coal ash management plans, and review our 2013 sustainability report.
In this edition, we're debuting new Duke Energy Carolinas and Duke Energy Progress Web pages. Also, view our tips on preparing for severe weather; read the latest news about our outdoor lighting strategy and coal ash management plans, and review our 2013 sustainability report.
 
Dare County real estate developer Ray Hollowell was counting on Dolly Parton and her family to help him transform the Pine Mountain development, located in southern Burke County, into a more upscale community that he renamed "The South Mountain Preserve." Hollowell also was counting on Gov. Bev...
Dare County real estate developer Ray Hollowell was counting on Dolly Parton and her family to help him transform the Pine Mountain development, located in southern Burke County, into a more upscale community that he renamed "The South Mountain Preserve." Hollowell also was counting on Gov. Bev...
 
With tens of thousands of golf enthusiasts descending on North Carolina over the next two weeks for the 2014 U.S. Open and the U.S. Women's Open, the state has worked hard to make sure they will have a great and unique experience.
With tens of thousands of golf enthusiasts descending on North Carolina over the next two weeks for the 2014 U.S. Open and the U.S. Women's Open, the state has worked hard to make sure they will have a great and unique experience.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Cisco will expand its workforce in Research Triangle Park.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Cisco will expand its workforce in Research Triangle Park.
 
April was not a disaster, but it was a weak month so thank God for May. We never promote BCN, and leave it to the Search engines and word-of-mouth as our only allure. Soon, as we begin selling access to our growing traffic, we will have promotion soon enough.
April was not a disaster, but it was a weak month so thank God for May. We never promote BCN, and leave it to the Search engines and word-of-mouth as our only allure. Soon, as we begin selling access to our growing traffic, we will have promotion soon enough.
 
Governor Pat McCrory participated today in the groundbreaking ceremony for the new manufacturing facility for Morinaga America Foods, a leading international confectionary company based in Japan.
Governor Pat McCrory participated today in the groundbreaking ceremony for the new manufacturing facility for Morinaga America Foods, a leading international confectionary company based in Japan.
 
Governor Pat McCrory signed the Energy Modernization Act of 2014 today at N.C. State University, clearing the way for energy exploration, high-tech jobs and new investment in North Carolina's energy sector.
Governor Pat McCrory signed the Energy Modernization Act of 2014 today at N.C. State University, clearing the way for energy exploration, high-tech jobs and new investment in North Carolina's energy sector.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Tyton BioEnergy Systems, a company based in Danville, Virginia, is restarting the former Clean Burn Fuels biorefinery in Hoke County as part of its strategy to convert its proprietary tobacco, to be grown regionally,
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Tyton BioEnergy Systems, a company based in Danville, Virginia, is restarting the former Clean Burn Fuels biorefinery in Hoke County as part of its strategy to convert its proprietary tobacco, to be grown regionally,
 
Governor Pat McCrory joined Reynolds American Inc. CEO Susan Cameron and local and state leaders in Forsyth County today at an expansion announcement by the R.J. Reynolds Tobacco Company that will bring 200 new jobs to the region.
Governor Pat McCrory joined Reynolds American Inc. CEO Susan Cameron and local and state leaders in Forsyth County today at an expansion announcement by the R.J. Reynolds Tobacco Company that will bring 200 new jobs to the region.
 
Governor Pat McCrory was at the Outer Banks today to celebrate "Tourism Week" in North Carolina and to discuss the newest tourism statistics from the U.S. Travel Association.
Governor Pat McCrory was at the Outer Banks today to celebrate "Tourism Week" in North Carolina and to discuss the newest tourism statistics from the U.S. Travel Association.
 
Automotive parts manufacturer to invest $18 million in Lee & Alamance counties
Automotive parts manufacturer to invest $18 million in Lee & Alamance counties
 
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