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New business creations, possible new jobs, and job deals falling through, added to a mixed week for job news for North Carolina this week.
New business creations, possible new jobs, and job deals falling through, added to a mixed week for job news for North Carolina this week.
 
(RALEIGH) Governor Josh Stein announced today that TMG & Haartz Solutions LLC, a new joint venture to supply synthetic leather materials for automotive interiors, will create 125 jobs over the next five years in Rutherford County.
(RALEIGH) Governor Josh Stein announced today that TMG & Haartz Solutions LLC, a new joint venture to supply synthetic leather materials for automotive interiors, will create 125 jobs over the next five years in Rutherford County.
 
Epsilon Advanced Materials (EAM), India’s leading battery materials company has announced a $650 million investment in Brunswick County, North Carolina.
Epsilon Advanced Materials (EAM), India’s leading battery materials company has announced a $650 million investment in Brunswick County, North Carolina.
 
Dai Nippon Printing Co., Ltd. to create 350 new jobs and invest $233 million in Linwood
 
Forge Nano to launch new battery manufacturing business in Wake County
 
All news accounts described the recently passed state budget as spending $30 billion
 
The groundbreaking on what is being called the “crown jewel of VinFast’s global expansion” occurred Friday morning at the site of the $4 billion EV manufacturing plant in Triangle Innovation Point, in the Chatham County town of Moncure.
The groundbreaking on what is being called the “crown jewel of VinFast’s global expansion” occurred Friday morning at the site of the $4 billion EV manufacturing plant in Triangle Innovation Point, in the Chatham County town of Moncure.
 
One of the nation’s oldest and largest insurance companies had its incentives package terminated by the North Carolina Economic Investment Committee Tuesday for failing to add thousands of jobs to its operations center in Charlotte.
One of the nation’s oldest and largest insurance companies had its incentives package terminated by the North Carolina Economic Investment Committee Tuesday for failing to add thousands of jobs to its operations center in Charlotte.
 
VinFast is scheduled to break ground on its $4 billion EV production plant in Moncure, Chatham County next week.
VinFast is scheduled to break ground on its $4 billion EV production plant in Moncure, Chatham County next week.
 
Vietnamese electric vehicle maker VinFast continues to produce a mixed bag of news.
Vietnamese electric vehicle maker VinFast continues to produce a mixed bag of news.
 
Latest Example Further Demonstrates the Folly of Government Corporate Welfare
 
RALEIGH: CommScope [NASDAQ: COMM], a global telecommunications leader, plans to add 250 new jobs with a $60.3 million investment to expand its fiber-optic cable manufacturing operations in Catawba County, Governor Roy Cooper announced today.
RALEIGH: CommScope [NASDAQ: COMM], a global telecommunications leader, plans to add 250 new jobs with a $60.3 million investment to expand its fiber-optic cable manufacturing operations in Catawba County, Governor Roy Cooper announced today.
 
Criticism continues to mount over the North Carolina Senate’s decision to include $1.4 billion for NCInnovation in its proposed budget. Not only would it be a massive crony scheme using taxpayer dollars to reward select businesses by political appointees, the organization’s own justifications contin
Criticism continues to mount over the North Carolina Senate’s decision to include $1.4 billion for NCInnovation in its proposed budget. Not only would it be a massive crony scheme using taxpayer dollars to reward select businesses by political appointees, the organization’s own justifications contin
 
More troubling news for VinFast, the Vietnamese electric vehicle maker that wants to build a $4 billion EV production plant in Chatham County.
More troubling news for VinFast, the Vietnamese electric vehicle maker that wants to build a $4 billion EV production plant in Chatham County.
 
TTX will invest $14.5 million and create 150 jobs in Mecklenburg County
 
If the bad reviews weren’t enough, now comes word of VinFast’s recall of all 999 VF8 2023 vehicles sent to the U.S. due to safety concerns.
If the bad reviews weren’t enough, now comes word of VinFast’s recall of all 999 VF8 2023 vehicles sent to the U.S. due to safety concerns.
 
ProKidney plans to invest up to $485 million and create as many as 330 jobs in Greensboro
 
Company will locate a vehicle reconditioning facility in Oxford
 
“Critics agree: The VinFast VF8 is very, very bad,” read the headline in the car-focused outlet Jalopnik.
“Critics agree: The VinFast VF8 is very, very bad,” read the headline in the car-focused outlet Jalopnik.
 
RALEIGH: Bosch will add 400 new jobs in Lincoln County for its power tools business, Governor Roy Cooper announced today. The company says it will invest $130 million to expand its power tools accessory manufacturing site in the City of Lincolnton.
RALEIGH: Bosch will add 400 new jobs in Lincoln County for its power tools business, Governor Roy Cooper announced today. The company says it will invest $130 million to expand its power tools accessory manufacturing site in the City of Lincolnton.
 
"This is proof positive that North Carolina politicians and bureaucrats are prepared to trample on the rights of private property owners in order to benefit favored business interests,” said Jon Guze, Senior Fellow for Legal Studies at the John Locke Foundation.
"This is proof positive that North Carolina politicians and bureaucrats are prepared to trample on the rights of private property owners in order to benefit favored business interests,” said Jon Guze, Senior Fellow for Legal Studies at the John Locke Foundation.
 
Marshall Aerospace says it will invest $50 million at the Piedmont Triad International Airport
 
North Carolina continues to make headlines for its economic development incentives
 
East Carolina University leadership in the Miller School of Entrepreneurship and the office of Research, Economic Development and Engagement developed a student entrepreneurship program called RISE29 out of conversations started at Golden LEAF’s Community-Based Grants Initiative meetings in 2018.
East Carolina University leadership in the Miller School of Entrepreneurship and the office of Research, Economic Development and Engagement developed a student entrepreneurship program called RISE29 out of conversations started at Golden LEAF’s Community-Based Grants Initiative meetings in 2018.
 
Ongoing trend continues of companies not living up to their economic promises to North Carolina despite JDIG incentives.
Ongoing trend continues of companies not living up to their economic promises to North Carolina despite JDIG incentives.
 
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