Press Releases

Today Governor Josh Stein announced that AVL Manufacturing (AVL USA, Inc.) will establish a new production facility in Charlotte to build enclosures for industrial power generators, creating more than 325 jobs. The company will invest $56 million in Mecklenburg County.

The state’s seasonally adjusted April 2025 unemployment rate was 3.7 percent, unchanged from March’s revised rate. The national rate was unchanged at 4.2 percent.

Today Governor Josh Stein joined business leaders and local officials to announce a major expansion for Prolec-GE Waukesha, Inc., one of the nation’s largest manufacturers of power transformers.

Governor Josh Stein announced today that Genentech, one of the world’s premiere biotechnology companies, will invest $700 million to build a new manufacturing plant in Holly Springs, creating 400 jobs.

Yesterday, during Small Business Week, Governor Stein and North Carolina Secretary of Commerce Lee Lilley visited downtown Marshall to highlight the importance of supporting small businesses impacted by Hurricane Helene.

Today Governor Josh Stein announced that PPG will create 110 jobs in the City of Shelby.

Governor Josh Stein announced today that the overall North Carolina tourism economy held strong against the headwinds of Hurricane Helene. Travelers spent more than $36.7 billion on trips to and within the state in 2024. The previous record of $35.6 billion was set in 2023. 

Work-Based Learning (WBL) grants have provided training and skill development to 823 workers across North Carolina through a partnership between the N.C. Department of Commerce and local Workforce Development Boards—surpassing the original goal of 668 participants.

Unemployment rates (not seasonally adjusted) decreased in 43 counties in March 2025, increased in 29, and remained unchanged in 28. Hyde County had the highest unemployment rate at 6.8 percent while Camden County had the lowest at 2.8 percent.

(RALEIGH) Governor Josh Stein announced today that the U.S. Department of Housing and Urban Development (HUD) has approved North Carolina’s Action Plan for a $1.4 billion grant to help western North Carolina rebuild following Hurricane Helene.