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.

POLYWOOD, a manufacturer of outdoor furniture made from recycled plastics, will create 384 jobs over five years in Person County, Governor Roy Cooper announced today
POLYWOOD, a manufacturer of outdoor furniture made from recycled plastics, will create 384 jobs over five years in Person County, Governor Roy Cooper announced today
 
National General Insurance, a property and casualty insurance company, plans to expand its operations in Winston-Salem to create 626 jobs over five years, Governor Roy Cooper announced today. The company, and a subsidiary of National General Holdings Corp., plans to invest $12.2 million
National General Insurance, a property and casualty insurance company, plans to expand its operations in Winston-Salem to create 626 jobs over five years, Governor Roy Cooper announced today. The company, and a subsidiary of National General Holdings Corp., plans to invest $12.2 million
 
Publix Super Markets, Inc. will build a refrigerated distribution center in Guilford County by the end of 2022 as part of a multiphase project and has plans to create up to 1,000 jobs by 2025, Governor Roy Cooper announced today
Publix Super Markets, Inc. will build a refrigerated distribution center in Guilford County by the end of 2022 as part of a multiphase project and has plans to create up to 1,000 jobs by 2025, Governor Roy Cooper announced today
 
Dowa Thermotech Co. Ltd., a global provider of industrial furnaces and heat protection treatments, will open a new facility in Lee County, creating 109 jobs, Governor Roy Cooper announced today
Dowa Thermotech Co. Ltd., a global provider of industrial furnaces and heat protection treatments, will open a new facility in Lee County, creating 109 jobs, Governor Roy Cooper announced today
 
Angus Grill opened a second location in Uptown Greenville at 201 Jarvis Street
Angus Grill opened a second location in Uptown Greenville at 201 Jarvis Street
 
Jackson Paper Manufacturing Company, North Carolina's largest recycled paper producer, will open a new plant in Burke County, creating 42 jobs, Governor Roy Cooper announced today
Jackson Paper Manufacturing Company, North Carolina's largest recycled paper producer, will open a new plant in Burke County, creating 42 jobs, Governor Roy Cooper announced today
 
Arch Capital Group Ltd. (ACGL), a globally diversified financial services group providing insurance, reinsurance and mortgage insurance, will open an operational hub in Raleigh and create 365 new jobs over four years, Governor Roy Cooper announced today
Arch Capital Group Ltd. (ACGL), a globally diversified financial services group providing insurance, reinsurance and mortgage insurance, will open an operational hub in Raleigh and create 365 new jobs over four years, Governor Roy Cooper announced today
 
Tax Cuts are leading to a strong economy for years to come
Tax Cuts are leading to a strong economy for years to come
 
A small town girl with big style, Jessica Martin Wilkins was born and raised in eastern North Carolina. With her cutting-edge ideas and vast knowledge of home décor, Jess-Lee is bringing Halo Home to Uptown Greenville
A small town girl with big style, Jessica Martin Wilkins was born and raised in eastern North Carolina. With her cutting-edge ideas and vast knowledge of home décor, Jess-Lee is bringing Halo Home to Uptown Greenville
 
Sensus USA, Inc., a provider of advanced metering technologies to utilities and municipalities, will expand its current operations in Durham County, creating 301 new jobs over five years, Governor Roy Cooper announced today
Sensus USA, Inc., a provider of advanced metering technologies to utilities and municipalities, will expand its current operations in Durham County, creating 301 new jobs over five years, Governor Roy Cooper announced today
 
AveXis, Inc., a clinical-stage gene therapy company developing treatments for rare and life-threatening neurological diseases, will locate a new manufacturing center in Durham County creating 200 jobs, Governor Roy Cooper announced today
AveXis, Inc., a clinical-stage gene therapy company developing treatments for rare and life-threatening neurological diseases, will locate a new manufacturing center in Durham County creating 200 jobs, Governor Roy Cooper announced today
 
The Overton Group is happy to announce the lease of 802 Dickinson Avenue to Michael Brandon Styling
The Overton Group is happy to announce the lease of 802 Dickinson Avenue to Michael Brandon Styling
 
Amada North America, Inc., a manufacturer of precision sheet metal fabricating equipment, will develop a new product line in Guilford County creating 201 new jobs over the next five years, Governor Roy Cooper announced today
Amada North America, Inc., a manufacturer of precision sheet metal fabricating equipment, will develop a new product line in Guilford County creating 201 new jobs over the next five years, Governor Roy Cooper announced today
 
Ipreo US LLC, a global provider of financial services, technology, data and analytics, will add 250 jobs over the next four years in Wake County, Governor Cooper announced today. The company will invest $2.1 million with this project
Ipreo US LLC, a global provider of financial services, technology, data and analytics, will add 250 jobs over the next four years in Wake County, Governor Cooper announced today. The company will invest $2.1 million with this project
 
Columbus McKinnon Corporation (NASDAQ:CMCO), a leading designer, manufacturer and marketer of material handling products, technologies and services, will expand operations in Wadesboro, creating 19 jobs, Governor Roy Cooper announced today
Columbus McKinnon Corporation (NASDAQ:CMCO), a leading designer, manufacturer and marketer of material handling products, technologies and services, will expand operations in Wadesboro, creating 19 jobs, Governor Roy Cooper announced today
 
The Clearing House Payments Company, LLC, a financial payments company, will expand in Winston-Salem creating 50 new jobs, Governor Roy Cooper announced today. The company will invest $24.6 million in this expansion
The Clearing House Payments Company, LLC, a financial payments company, will expand in Winston-Salem creating 50 new jobs, Governor Roy Cooper announced today. The company will invest $24.6 million in this expansion
 
Albaad USA, Inc., a multinational manufacturer of wet wipes and other hygiene products will expand its U.S. operations in Reidsville, creating 302 jobs, Governor Roy Cooper announced today
Albaad USA, Inc., a multinational manufacturer of wet wipes and other hygiene products will expand its U.S. operations in Reidsville, creating 302 jobs, Governor Roy Cooper announced today
 
LabCorp (NYSE: LH), the global life sciences company known for its world-class clinical laboratory and drug development services, will locate a new operations center in Durham County, creating 422 jobs, Governor Roy Cooper announced today
LabCorp (NYSE: LH), the global life sciences company known for its world-class clinical laboratory and drug development services, will locate a new operations center in Durham County, creating 422 jobs, Governor Roy Cooper announced today
 
Neopac US, Inc., a global manufacturer of primary packaging for the pharmaceutical and cosmetics industries, chose Wilson County for its first U.S. manufacturing plant and new North American headquarters, creating up to 44 new jobs and investing more than $30.8 million, Governor Roy Cooper announced
Neopac US, Inc., a global manufacturer of primary packaging for the pharmaceutical and cosmetics industries, chose Wilson County for its first U.S. manufacturing plant and new North American headquarters, creating up to 44 new jobs and investing more than $30.8 million, Governor Roy Cooper announced
 
Still Life Greenville is excited to officially launch its new additions that will enhance both nightlife and now daytime experiences in Uptown Greenville
Still Life Greenville is excited to officially launch its new additions that will enhance both nightlife and now daytime experiences in Uptown Greenville
 
New York Air Brake, LLC (NYAB), a global manufacturer of innovative train control systems for the railroad industry, will increase its presence in North Carolina, Governor Roy Cooper announced today
New York Air Brake, LLC (NYAB), a global manufacturer of innovative train control systems for the railroad industry, will increase its presence in North Carolina, Governor Roy Cooper announced today
 
Corvid Technologies LLC, which provides physics-based engineering solutions for the defense, automotive, aircraft, and biomedical industries, will locate its headquarters in Iredell County, creating 367 new jobs, Governor Roy Cooper announced today. The company will invest $28.9 million in Mooresvil
Corvid Technologies LLC, which provides physics-based engineering solutions for the defense, automotive, aircraft, and biomedical industries, will locate its headquarters in Iredell County, creating 367 new jobs, Governor Roy Cooper announced today. The company will invest $28.9 million in Mooresvil
 
GE Aviation, a global manufacturer of aircraft engines and components, will create 146 full-time jobs over four years at its facilities in Asheville and West Jefferson, Governor Roy Cooper announced today
GE Aviation, a global manufacturer of aircraft engines and components, will create 146 full-time jobs over four years at its facilities in Asheville and West Jefferson, Governor Roy Cooper announced today
 
Ernst & Young LLP (EY), one of the largest professional services organizations in the world, will expand in Mecklenburg County creating 375 jobs and investing $8.2 million in Charlotte over the next five years, Governor Roy Cooper announced today
Ernst & Young LLP (EY), one of the largest professional services organizations in the world, will expand in Mecklenburg County creating 375 jobs and investing $8.2 million in Charlotte over the next five years, Governor Roy Cooper announced today
 
Two rural North Carolina counties will see a total of 85 new jobs and $6.3 million in private investment from economic development projects with manufacturing companies in Cherokee and Stanly counties, Governor Roy Cooper announced today
Two rural North Carolina counties will see a total of 85 new jobs and $6.3 million in private investment from economic development projects with manufacturing companies in Cherokee and Stanly counties, Governor Roy Cooper announced today
 
RiceWrap Foods Corporation, a food manufacturer with a unique, patent-pending method of producing and delivering rice for sushi, will create 305 new jobs in Granville County, Governor Roy Cooper announced today
RiceWrap Foods Corporation, a food manufacturer with a unique, patent-pending method of producing and delivering rice for sushi, will create 305 new jobs in Granville County, Governor Roy Cooper announced today
 
InterMarket Technology, Inc., a manufacturer of Point of Purchase displays and recycling bins, has selected Beaufort County for its corporate headquarters and manufacturing facility, creating 57 jobs over three years, Governor Roy Cooper announced today
InterMarket Technology, Inc., a manufacturer of Point of Purchase displays and recycling bins, has selected Beaufort County for its corporate headquarters and manufacturing facility, creating 57 jobs over three years, Governor Roy Cooper announced today
 
Smashed Waffles, located at 718 Dickinson Avenue in Greenville, will celebrate its recent opening by inviting the public to a ribbon-cutting event Wednesday, January 10 at 11:00 a.m.
Smashed Waffles, located at 718 Dickinson Avenue in Greenville, will celebrate its recent opening by inviting the public to a ribbon-cutting event Wednesday, January 10 at 11:00 a.m.
 
Much of the reporting on the recently passed Tax Cuts and Jobs Act has been cluttered with moans, groans, and general derision
Much of the reporting on the recently passed Tax Cuts and Jobs Act has been cluttered with moans, groans, and general derision
 
In a marathon meeting that featured strong opposition from a local activist group, the Greensboro City Council approved two parking decks that will each cost $30 million and will primarily serve new downtown private development
In a marathon meeting that featured strong opposition from a local activist group, the Greensboro City Council approved two parking decks that will each cost $30 million and will primarily serve new downtown private development
 
A $55.7 million expansion by the N.C. Global TransPark's anchor tenant would bring that company's total investment to less than half of what then-Gov. Mike Easley promised in 2008
A $55.7 million expansion by the N.C. Global TransPark's anchor tenant would bring that company's total investment to less than half of what then-Gov. Mike Easley promised in 2008
 
DHL Supply Chain, a leader in contract logistics and part of Deutsche Post DHL Group, plans to bring 140 jobs to Cumberland County in partnership with Campbell Soup Company, Governor Roy Cooper announced today
DHL Supply Chain, a leader in contract logistics and part of Deutsche Post DHL Group, plans to bring 140 jobs to Cumberland County in partnership with Campbell Soup Company, Governor Roy Cooper announced today
 
North Carolina will see 639 new jobs and more than $72.8 million in private investment from three economic development projects with manufacturing companies in Burke, Gaston and Iredell counties, Governor Roy Cooper announced today
North Carolina will see 639 new jobs and more than $72.8 million in private investment from three economic development projects with manufacturing companies in Burke, Gaston and Iredell counties, Governor Roy Cooper announced today
 
Chinese tire manufacturing company Triangle Tyre (Triangle) has selected Edgecombe County, North Carolina as the location for its first manufacturing facility in the United States, Governor Roy Cooper announced today
Chinese tire manufacturing company Triangle Tyre (Triangle) has selected Edgecombe County, North Carolina as the location for its first manufacturing facility in the United States, Governor Roy Cooper announced today
 
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