Press Releases

Today the North Carolina Department of Commerce’s Division of Community Revitalization (DCR) announced a Notice of Funding Opportunity (NOFO) that makes $53.38 million in federal funding available to develop workforce housing units for homeownership across western North Carolina.

Today Governor Stein, the North Carolina Department of Commerce’s (NCDOC) Division of Community Revitalization (DCR), and the North Carolina Housing Finance Agency (NCHFA) announced 10 projects to develop 828 new rental units will receive awards totaling more than $69 million in Community Development Block Grant Disaster Recovery (CDBG-DR) funds. This federal funding will expand the supply of affordable, resilient rental housing in western North Carolina.

Today Governor Josh Stein and North Carolina Commerce Secretary Lee Lilley celebrated the National Science Foundation’s selection of the NSF Grid Modernization Engine in the Carolinas as one of only 12 new NSF Regional Innovation Engines nationwide. This prestigious designation recognizes the strength of a regional partnership that will accelerate innovation, strengthen domestic manufacturing, and create new economic opportunities.

Today Governor Josh Stein announced Great Southern Wood-NC, Inc. (GSWNC), a manufacturer of pressure-treated lumber, will create 43 jobs in Scotland County. The company will invest $40 million to construct a lumber treatment manufacturing facility at Laurinburg-Maxton Airport.“We are excited that Great Southern Wood has decided to plant roots in North Carolina,” said Governor Josh Stein. “This new facility will strengthen our $41 billion forestry industry and offer more opportunities in Scotland County and beyond.”

The state’s seasonally adjusted July 2026 unemployment rate was 3.6 percent, remaining unchanged from June’s revised rate. The national rate decreased 0.1 of a percentage point to 4.1 percent.North Carolina’s unemployment rate decreased 0.3 of a percentage point from a year ago. The number of people employed decreased 21,291 over the month to 5,051,914 and decreased 38,951 over the year. The number of people unemployed decreased 3,820 over the month to 186,120 and decreased 17,752 over the year.

Governor Josh Stein today announced that North Carolina’s Rural Infrastructure Authority (RIA) has approved 11 grant requests for local governments totaling $4,933,520. The grants include commitments to create a total of 673 jobs, 331 of which were previously announced. As a result of these grants, the additional private investment in these projects is expected to reach more than $1 billion.

Visitor spending increased for 59 of North Carolina’s 100 counties in 2025, according to data released Wednesday by the N.C. Department of Commerce.

The NCWorks Commission, North Carolina’s workforce development board, has announced that 43 training programs have become the first to receive state-level approval to participate in the new Workforce Pell Grant program. The program expands access to federal financial aid for students enrolled in short-term workforce training programs that meet certain requirements.

Today Governor Josh Stein announced Prysmian, a leading provider of solutions for energy and digital connections, will add 385 new jobs in Catawba County. The company says it will invest more than $1 billion as it expands its fiber and glass manufacturing operations.“This billion-dollar investment is more proof that North Carolina is leading the way on innovation and job creation,” said Governor Josh Stein. “Companies understand the value of our highly skilled manufacturing workforce that helps to power their strategic growth.”

Today Governor Josh Stein announced STERIS plc (NYSE: STE), a leading health care company, will create 335 jobs in Lee County. The company will invest $600 million in a new manufacturing and distribution Chemistries Manufacturing Center of Excellence in the city of Sanford.