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 N.C. Commerce Secretary Sharon Decker announced today that Government Contracting Specialists, Inc. (GCS, Inc.), a woman-owned company, will locate its offices in Currituck County. The company plans to create 60 new jobs and invest more than $325,000 over the next three...
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Government Contracting Specialists, Inc. (GCS, Inc.), a woman-owned company, will locate its offices in Currituck County. The company plans to create 60 new jobs and invest more than $325,000 over the next three...
 
Governor Pat McCrory announced today that the North Carolina tourism industry generated record visitor spending in 2013.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Shri Govindaraja (SGR) Textiles will be locating its textile operations in Rockingham County. The company plans to invest more than $40 million and create 84 jobs over the next three years in Eden.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Shri Govindaraja (SGR) Textiles will be locating its textile operations in Rockingham County. The company plans to invest more than $40 million and create 84 jobs over the next three years in Eden.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Syfan Manufacturing, Inc. is expanding its North Carolina manufacturing operations in Martin County. The company plans to create 24 new jobs and invest more than $6.5 million over the next three years in Everetts.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Syfan Manufacturing, Inc. is expanding its North Carolina manufacturing operations in Martin County. The company plans to create 24 new jobs and invest more than $6.5 million over the next three years in Everetts.
 
Governor Pat McCrory presents a North Carolina Seal commemorative plate to Red Ventures CEO Ric Elias. The technology and marketing company announced Monday it is planning to create 580 new jobs in North Carolina over the next five years and invest more than $2 million at its Charlotte location.
Governor Pat McCrory presents a North Carolina Seal commemorative plate to Red Ventures CEO Ric Elias. The technology and marketing company announced Monday it is planning to create 580 new jobs in North Carolina over the next five years and invest more than $2 million at its Charlotte location.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Red Ventures will expand its operations in Mecklenburg County. The rapidly-growing technology and marketing company plans to create 580 new jobs in North Carolina over the next five years and invest more th
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Red Ventures will expand its operations in Mecklenburg County. The rapidly-growing technology and marketing company plans to create 580 new jobs in North Carolina over the next five years and invest more th
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Novozymes will expand its North Carolina presence by adding a new bioagriculture research and development facility in Wake County.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Novozymes will expand its North Carolina presence by adding a new bioagriculture research and development facility in Wake County.
 
Duke Energy has selected five North Carolina properties for participation in its 2014 Site Readiness Program to prepare the properties for potential industrial development.
Duke Energy has selected five North Carolina properties for participation in its 2014 Site Readiness Program to prepare the properties for potential industrial development.
 
Governor Pat McCrory and Commerce Secretary Sharon Decker announced today that Cambro Manufacturing Company is locating its North Carolina manufacturing operations in Alamance County.
Governor Pat McCrory and Commerce Secretary Sharon Decker announced today that Cambro Manufacturing Company is locating its North Carolina manufacturing operations in Alamance County.
 
Governor Pat McCrory and Commerce Secretary Sharon Decker joined state officials today in announcing "NCWorks," a major initiative that will promote one consistent, cohesive strategy for workforce development across North Carolina.
Governor Pat McCrory and Commerce Secretary Sharon Decker joined state officials today in announcing "NCWorks," a major initiative that will promote one consistent, cohesive strategy for workforce development across North Carolina.
 
Governor Pat McCrory has proposed reinvesting $16.8 million in savings generated by community colleges into additional funding for the state's 58 community colleges to train workers in high-demand fields such as health sciences, engineering, construction, manufacturing, transportation.
Governor Pat McCrory has proposed reinvesting $16.8 million in savings generated by community colleges into additional funding for the state's 58 community colleges to train workers in high-demand fields such as health sciences, engineering, construction, manufacturing, transportation.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that GKN Driveline will expand its Catawba County manufacturing facility.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that GKN Driveline will expand its Catawba County manufacturing facility.
 
Today, it was announced that North Carolina retained its "AAA" rating by all three agencies, the highest credit rating available to state governments.
Today, it was announced that North Carolina retained its "AAA" rating by all three agencies, the highest credit rating available to state governments.
 
A presentation prepared by the N.C. Commerce Department's Labor and Economic Analysis Division finds a net "negative budgetary impact" of North Carolina's film incentives.
A presentation prepared by the N.C. Commerce Department's Labor and Economic Analysis Division finds a net "negative budgetary impact" of North Carolina's film incentives.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Elkamet Inc. is expanding its North Carolina manufacturing operations in Henderson County. The company plans to create 20 new jobs and invest more than $2.5 million over the next three years in East Flat Rock.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Elkamet Inc. is expanding its North Carolina manufacturing operations in Henderson County. The company plans to create 20 new jobs and invest more than $2.5 million over the next three years in East Flat Rock.
 
Beaufort County NOW returns to traffic pattern that better represents the growth to which we have become accustomed.
Beaufort County NOW returns to traffic pattern that better represents the growth to which we have become accustomed.
 
"North Carolina has proven time and time again that it can attract and retain global companies like Continental AG,"
"North Carolina has proven time and time again that it can attract and retain global companies like Continental AG,"
 
Governor Pat McCrory was in Charlotte today to celebrate the opening of MetLife's new U.S. retail headquarters alongside senior officials from the company. Located in Ballantyne, the new facility will house the majority of the company's U.S. retail employees.
Governor Pat McCrory was in Charlotte today to celebrate the opening of MetLife's new U.S. retail headquarters alongside senior officials from the company. Located in Ballantyne, the new facility will house the majority of the company's U.S. retail employees.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that XO.STEEL, LLC is locating its North Carolina manufacturing operations in McDowell County. The company plans to create 30 new jobs and invest $350,000 over the next three years in Old Fort.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that XO.STEEL, LLC is locating its North Carolina manufacturing operations in McDowell County. The company plans to create 30 new jobs and invest $350,000 over the next three years in Old Fort.
 
In the interest of transparency, I am compelled to publish this post even though it was not easy to do so. Why? Beaufort County Now did have a good February.
In the interest of transparency, I am compelled to publish this post even though it was not easy to do so. Why? Beaufort County Now did have a good February.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Bonita Manufacturing Products, Inc., doing business as Bonita Pioneer, is locating its North Carolina manufacturing operations in Rutherford County.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Bonita Manufacturing Products, Inc., doing business as Bonita Pioneer, is locating its North Carolina manufacturing operations in Rutherford County.
 
Governor Pat McCrory, Chair of the Outer Continental Shelf (OCS) Governors Coalition, issued the following statement after the U.S. Department of Interior released its review that could allow seismic testing firms, under certain conditions.
Governor Pat McCrory, Chair of the Outer Continental Shelf (OCS) Governors Coalition, issued the following statement after the U.S. Department of Interior released its review that could allow seismic testing firms, under certain conditions.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Kearfott Corporation is planning to expand its North Carolina manufacturing operations in Buncombe County.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Kearfott Corporation is planning to expand its North Carolina manufacturing operations in Buncombe County.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Team Air, Incorporated will locate a new manufacturing facility in Rutherford County.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Team Air, Incorporated will locate a new manufacturing facility in Rutherford County.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that BuzziSpace, Inc. will locate its North American manufacturing headquarters in Guilford County.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that BuzziSpace, Inc. will locate its North American manufacturing headquarters in Guilford County.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that ePlus is expanding its Managed Services operations with a new center in Morrisville.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that ePlus is expanding its Managed Services operations with a new center in Morrisville.
 
There are personal attributes of mine that I am continuous in my struggle to perfect: Knowing internet traffic and how to collect it, and abject honesty in all things Stan.
There are personal attributes of mine that I am continuous in my struggle to perfect: Knowing internet traffic and how to collect it, and abject honesty in all things Stan.
 
Governor McCrory met with business leaders from throughout the state today for the inaugural meeting and swearing-in of the Governor's Advisory Council on Small and Historically Underutilized Businesses.
Governor McCrory met with business leaders from throughout the state today for the inaugural meeting and swearing-in of the Governor's Advisory Council on Small and Historically Underutilized Businesses.
 
Newly released employment data show signs of growing strength in the North Carolina economy, with the second-highest reported annual increase in new jobs in the state since the onset of the Great Recession. That's the assessment of John Locke Foundation President John Hood.
Newly released employment data show signs of growing strength in the North Carolina economy, with the second-highest reported annual increase in new jobs in the state since the onset of the Great Recession. That's the assessment of John Locke Foundation President John Hood.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Eclipse Automation Inc. will be expanding its operations to Mecklenburg County under the name Eclipse Automation Southeast, LLC.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Eclipse Automation Inc. will be expanding its operations to Mecklenburg County under the name Eclipse Automation Southeast, LLC.
 
This variation on the Jim Steinman song "Two out of Three Ain't Bad" melody, written for Meatloaf's Bat Out of Hell album, best exemplifies BCN's December traffic report.
This variation on the Jim Steinman song "Two out of Three Ain't Bad" melody, written for Meatloaf's Bat Out of Hell album, best exemplifies BCN's December traffic report.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today Standard Medical Acceptance (SMA) Corporation will locate its offices in Chowan County.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today Standard Medical Acceptance (SMA) Corporation will locate its offices in Chowan County.
 
Tax reform goes into effect in 2014, lowering tax rates for every individual and corporation in the state. Regular review and routine repeal of burdensome regulations will begin to loosen government's grip on businesses, signaling that North Carolina is again open for business and welcomes entrepren
Tax reform goes into effect in 2014, lowering tax rates for every individual and corporation in the state. Regular review and routine repeal of burdensome regulations will begin to loosen government's grip on businesses, signaling that North Carolina is again open for business and welcomes entrepren
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that ASG (AGI Shorewood) will expand its manufacturing operations in Henderson County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that ASG (AGI Shorewood) will expand its manufacturing operations in Henderson County.
 
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