Press Releases

Online Consumer Finance Technology Company Will Invest Nearly $47 Million

Manufacturer will invest $45 million at its Franklin County facility

U.S. unit of international manufacturer will invest more than $15 million

Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) today announced that Pepsi Bottling Ventures LLC will create 50 jobs over the next five years at a new $16.5 million distribution center in Robeson County. Additionally, another 250 jobs will remain in the area.

Joint textile venture will invest more than $12.5 million

IGH — The state's seasonally adjusted September unemployment rate was 4.7 percent, increasing 0.1 of a percentage point from August's revised rate. The national rate increased 0.1 of a percentage point to 5.0 percent. North Carolina's September 2016 unemployment rate was 1.0 percentage points lower than a year ago.  The number of people employed increased 7,559 over the month to 4,596,364 and increased 98,277 over the year. The number of people unemployed increased 5,671 over the month to 227,377, and decreased 42,158 over the year.

Capping off a week-long celebration of North Carolina manufacturers, Commerce Secretary John E. Skvarla, III, presented a proclamation for North Carolina Manufacturing Week to Jerry Pedley, founder of Mertek Solutions Inc., a Sanford company that designs and builds automated assembly and test equipment for manufacturers. Governor McCrory has proclaimed the week of October 3-7, 2016, North Carolina Manufacturing Week. The recognition coincides with National Manufacturing Day, which is today.

Highlighting one of North Carolina’s most powerful economic engines, Commerce Secretary John E. Skvarla, III, presented executives of ABCO Automation with a proclamation for North Carolina Manufacturing Week and recognized the company’s innovative workforce practices before touring its Browns Summit facility.

Governor Pat McCrory has proclaimed October 3-7, 2016 as North Carolina Manufacturing Week. The proclamation salutes one of the state’s most powerful economic engines. “North Carolina’s manufacturing economy leads the Southeast in employment and is respected around the world for its innovation, quality and productivity,” said Governor McCrory. “From aircraft components and home furnishings to food products and life-saving medication, we are a state with companies and people making things the world needs.”

Company will invest nearly $83.5 million in Catawba and Forsyth counties