The U.S. Department of the Treasury announced the approval of North Carolina’s application for up to $201.9 million in funding under the State Small Business Credit Initiative (SSBCI).
Forza X1, Inc., the builder of an innovative line of electric-powered boats, will invest $10.5 million to establish a new manufacturing plant in McDowell County, Governor Roy Cooper announced today. The company will create 170 jobs in Marion.
Pisgah Laboratories, Inc., a pharmaceutical manufacturer, will add 57 new jobs in Transylvania County, Governor Roy Cooper announced today. The company will invest $55 million to expand its manufacturing product line.
The state’s seasonally adjusted June 2022 unemployment rate was 3.4 percent, remaining unchanged from May’s revised rate. The national rate remained unchanged at 3.6 percent.
Today, the United States Golf Association (USGA) and the World Golf Hall of Fame announced that the World Golf Hall of Fame will be moved to Pinehurst, North Carolina.
CNBC has named North Carolina as America’s Top State for Business in 2022.
Merchants Distributors, LLC (MDI), a wholesale grocery distributor founded in Hickory in 1931 will invest $35 million in a new expansion of its services and operations, creating 125 jobs, Governor Roy Cooper announced today. The company anticipates adding approximately 250,000 square feet to