Press Releases

North Carolina was awarded $6.4 million to establish a new tourism-focused economic recovery initiative. The new program, Supporting and Strengthening Resiliency in North Carolina’s Travel, Tourism, and Outdoor Recreation Sectors Initiative, will help develop and implement economic-building strategies for the recovery of North Carolina’s travel and tourism industries that suffered economic losses due to the pandemic.

Sixty nine percent of businesses responding to an ongoing survey of North Carolina businesses report they either met or exceeded their revenue expectations in the month of January, according to preliminary results from the state’s Business Pulse Survey.  Looking ahead, forty six percent of businesses responding to the survey plan to raise wages in the next six months, with forty six percent also planning to increase their staffing levels.

Nordfab, a manufacturer of ductwork used in environmental filtration systems will expand its existing operations in Thomasville with an investment of $5.5 million, Governor Roy Cooper announced today.  The decision creates 25 jobs in Davidson County to support the expansion of the company’s production facilities.

BestCo LLC, a leading manufacturer of innovative over-the-counter pharmaceutical, vitamin, and supplement products will significantly expand its facilities in Iredell County, creating 394 jobs, Governor Roy Cooper announced today. The company will invest $177 million to increase production capacity in Mooresville.

The North Carolina Rural Infrastructure Authority (RIA) has approved ten grant requests to local governments totaling $2,119,529, Governor Roy Cooper announced today. The requests include commitments to create a total of 349 jobs, 289 of which were previously announced. The public investment in these projects will attract more than $30.8 million in private investment.

The state’s annual downtown revitalization conference, the North Carolina Main Street Conference, will convene virtually again March 8-10 due to COVID-19 and the Omicron variant.  Organized by the North Carolina Department of Commerce and its N.C. Main Street and Rural Planning Center, more than 700 economic development leaders attend this annual conference.  

Meritor, Inc. [NYSE: MTOR], a supplier of commercial vehicle solutions, will add 25 new jobs in Burke County, Governor Roy Cooper announced today. The company will invest more than $4 million to expand its trailer operation in the City of Morganton. “North Carolina has been intentional in our efforts to create a thriving manufacturing economy,” said Governor Cooper. “Companies like Meritor know they can rely on our extensive transportation network, affordability, and resilient workforce to execute their growth strategies.”

Mt. Olive Pickle Company, Inc. will create 167 jobs in Wayne County, Governor Roy Cooper announced today. The company will invest more than $35 million to expand its manufacturing, warehouse, and distribution operations to Goldsboro. “Some of our very best business recruiters are the existing industries that continue to reinvest in North Carolina,” said Governor Cooper. “The expansion of a household brand like Mt. Olive Pickle Company proves that North Carolina’s quality of life, central location, and experienced talent are attractive to growing companies.”

The Sherwin-Williams Company (NYSE: SHW), the well-known global manufacturer of paints and coatings, will create 183 jobs in Iredell County as it expands its facilities in Statesville, Governor Roy Cooper announced today. The company will invest $324 million to significantly expand its manufacturing capacity and establish a larger distribution facility at the site.

Governor Roy Cooper convened a new advisory group of experts yesterday to help the State of North Carolina encourage development of the offshore wind energy industry, the latest milestone showing the state’s commitment to the clean energy economy.  The inaugural meeting of the North Carolina Taskforce for Offshore Wind Economic Resource Strategies (NC TOWERS), held in Wilmington and streamed online, brought together thought leaders to collaborate and position the state to take a