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 made the following statement after President Barack Obama announced today that North Carolina State University will become the center of a university and industry consortium that will help develop the next generation of electronic chips and devices.
Governor Pat McCrory made the following statement after President Barack Obama announced today that North Carolina State University will become the center of a university and industry consortium that will help develop the next generation of electronic chips and devices.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Richard Lindenmuth will become the interim Chief Executive Officer of the Economic Development Partnership of North Carolina.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Richard Lindenmuth will become the interim Chief Executive Officer of the Economic Development Partnership of North Carolina.
 
Governor Pat McCrory spoke about the state's economy and its outlook at the 12th annual Economic Forecast Forum Monday.
Governor Pat McCrory spoke about the state's economy and its outlook at the 12th annual Economic Forecast Forum Monday.
 
To economic development officials, the pursuit of big game - plants, offices, and headquarters - bringing a lot of jobs is described as an "elephant hunt."
To economic development officials, the pursuit of big game - plants, offices, and headquarters - bringing a lot of jobs is described as an "elephant hunt."
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that InterFlex Acquisition Company, LLC will be expanding its operations in Wilkes County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that InterFlex Acquisition Company, LLC will be expanding its operations in Wilkes County.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Key Gas Components, Incorporated will be expanding its manufacturing operation in McDowell County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Key Gas Components, Incorporated will be expanding its manufacturing operation in McDowell County.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Fiber Composites, LLC, doing business as Fiberon, will expand its Stanly County operations.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Fiber Composites, LLC, doing business as Fiberon, will expand its Stanly County operations.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Electrolux, a global leader in home and professional appliances, will expand its headquarters in Charlotte.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Electrolux, a global leader in home and professional appliances, will expand its headquarters in Charlotte.
 
Governor Pat McCrory released the following statement concerning North Carolina’s November unemployment rate drop to 7.4 percent- the lowest rate in more than five years.
Governor Pat McCrory released the following statement concerning North Carolina’s November unemployment rate drop to 7.4 percent- the lowest rate in more than five years.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Nutkao USA, Inc. will be locating its nut butter manufacturing operation in Nash County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Nutkao USA, Inc. will be locating its nut butter manufacturing operation in Nash County.
 
SNI (Symbiotic Networks, Inc.), the originator of Symbiotic Publisher, will use Beaufort County NOW's superior traffic base to promote our wide array of Cyber Products, and our estimable skills to help others do the same with their respective products.
SNI (Symbiotic Networks, Inc.), the originator of Symbiotic Publisher, will use Beaufort County NOW's superior traffic base to promote our wide array of Cyber Products, and our estimable skills to help others do the same with their respective products.
 
With the greatest respect, well understanding that our parabolic traffic growth could 'end in a proverbial tomorrow', we here at BCN just had our best month in one of the traditionally slowest times - November in an off-election year.
With the greatest respect, well understanding that our parabolic traffic growth could 'end in a proverbial tomorrow', we here at BCN just had our best month in one of the traditionally slowest times - November in an off-election year.
 
We've got it pretty good here in Moore County. One of the lowest tax rates (and crime rates) in North Carolina. World-class golf courses. Lots of great dining and shopping.
We've got it pretty good here in Moore County. One of the lowest tax rates (and crime rates) in North Carolina. World-class golf courses. Lots of great dining and shopping.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today The Solar Connection will locate its manufacturing facility in McDowell County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today The Solar Connection will locate its manufacturing facility in McDowell County.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Armstrong Marine, Inc. is building a welded aluminum boat manufacturing operation in Onslow County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Armstrong Marine, Inc. is building a welded aluminum boat manufacturing operation in Onslow County.
 
Popular television productions fueled one of the strongest years experienced by the film industry in North Carolina.
Popular television productions fueled one of the strongest years experienced by the film industry in North Carolina.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker recently announced that USA InvestCo plans to create 100 jobs and invest more than $15 million in a new cold storage facility at the Port of Wilmington.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker recently announced that USA InvestCo plans to create 100 jobs and invest more than $15 million in a new cold storage facility at the Port of Wilmington.
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Spuntech Industries, Inc., a global spunlace manufacturing company based in Israel, will expand its operations in Person County.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Spuntech Industries, Inc., a global spunlace manufacturing company based in Israel, will expand its operations in Person County.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that American International Group (AIG) will establish a technology center in Mecklenburg County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that American International Group (AIG) will establish a technology center in Mecklenburg County.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Wal-Mart Stores, Inc. will open a major perishable grocery distribution center in Alamance County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Wal-Mart Stores, Inc. will open a major perishable grocery distribution center in Alamance County.
 
Potash Corporation of Saskatchewan Inc. (PotashCorp) announced today that it is taking the difficult but necessary step to reduce its workforce in Canada, the United States and Trinidad by approximately 18 percent from current levels.
Potash Corporation of Saskatchewan Inc. (PotashCorp) announced today that it is taking the difficult but necessary step to reduce its workforce in Canada, the United States and Trinidad by approximately 18 percent from current levels.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Natural Blend Vegetable Dehydration, LLC will open a manufacturing facility in Pitt County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Natural Blend Vegetable Dehydration, LLC will open a manufacturing facility in Pitt County.
 
In an effort to contain costs, and remain economically viable, in the fluid phosphate ore market that is worldwide and truly in a state of economic flux, Potash Corporation of Saskatchewan is giving the 'pink slip' to about 1000 employees spread across their entire corporate footprint.
In an effort to contain costs, and remain economically viable, in the fluid phosphate ore market that is worldwide and truly in a state of economic flux, Potash Corporation of Saskatchewan is giving the 'pink slip' to about 1000 employees spread across their entire corporate footprint.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Biochemtex will be locating its new cellulosic biofuels production operations in Sampson County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Biochemtex will be locating its new cellulosic biofuels production operations in Sampson County.
 
Governor Pat McCrory congratulated GE Aviation today at a groundbreaking ceremony at the site of the company's new $125 million advanced composites factory near Asheville in Buncombe County. GE is a global leader in jet engine and aircraft system production.
Governor Pat McCrory congratulated GE Aviation today at a groundbreaking ceremony at the site of the company's new $125 million advanced composites factory near Asheville in Buncombe County. GE is a global leader in jet engine and aircraft system production.
 
North Carolina's housing market remained relatively stable in the post-recession years of 2010-12 according to the American Community Survey (ACS) conducted by the U.S. Census Bureau.
North Carolina's housing market remained relatively stable in the post-recession years of 2010-12 according to the American Community Survey (ACS) conducted by the U.S. Census Bureau.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that BOSH Global Services will be expanding its operations in Cumberland County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that BOSH Global Services will be expanding its operations in Cumberland County.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that a subsidiary of Teleflex Incorporated will be relocating its existing operations in the Research Triangle Park area to a new facility to be constructed in Morrisville, North Carolina.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that a subsidiary of Teleflex Incorporated will be relocating its existing operations in the Research Triangle Park area to a new facility to be constructed in Morrisville, North Carolina.
 
Beaufort County NOW, Symbiotic Networks's prototype for their Symbiotic Publisher Content Management System (CMS), has one of its best months in traffic during the month of October, 2013, while setting its benchmark for hits per day, and per month.
Beaufort County NOW, Symbiotic Networks's prototype for their Symbiotic Publisher Content Management System (CMS), has one of its best months in traffic during the month of October, 2013, while setting its benchmark for hits per day, and per month.
 
The military supports 540,000 jobs, including 340,000 in the private sector, according to a new report released today by the N.C. Department of Commerce. The report also found the military boosts the state's personal income by more than $30 billion.
The military supports 540,000 jobs, including 340,000 in the private sector, according to a new report released today by the N.C. Department of Commerce. The report also found the military boosts the state's personal income by more than $30 billion.
 
Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that AW North Carolina, a manufacturer of automatic transmissions and transmission components, will expand production at its manufacturing facility in Durham County adding 56 new jobs.
Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that AW North Carolina, a manufacturer of automatic transmissions and transmission components, will expand production at its manufacturing facility in Durham County adding 56 new jobs.
 
Disgraced Standard & Poor's claims that $24 Billion was lost to the economy in the government shut-down. But they are wrong.
Disgraced Standard & Poor's claims that $24 Billion was lost to the economy in the government shut-down. But they are wrong.
 
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that HUBER+SUHNER, a manufacturer of components and system solutions for electrical and optical transportation of data and energy, will locate its North American headquarters in Mecklenburg County.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that HUBER+SUHNER, a manufacturer of components and system solutions for electrical and optical transportation of data and energy, will locate its North American headquarters in Mecklenburg County.
 
Governor Pat McCrory congratulated Hospira, the world's leading provider of injectable drugs and infusion technologies, for unveiling a new quality and analytical testing laboratory at its Rocky Mount facility.
Governor Pat McCrory congratulated Hospira, the world's leading provider of injectable drugs and infusion technologies, for unveiling a new quality and analytical testing laboratory at its Rocky Mount facility.
 
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