Press Releases

Edwards Wood Products will invest $30 million to open new sawmill in Scotland County

Raleigh, N.C. — The state’s seasonally adjusted August unemployment rate was 4.1 percent, remaining unchanged from July’s revised rate.  The national rate increased 0.1 of a percentage point to 4.4 percent. North Carolina’s August 2017 unemployment rate decreased 0.9 of a percentage point from a year ago.  The number of people employed increased 2,496 over the month to 4,702,213 and increased 69,738 over the year. The number of people unemployed decreased 347 over the month to 200,200 and decreased 42,910 over the year.

Program will help N.C. companies enter new markets and expand business

North Carolina has received a $749,225 grant from the U.S. Small Business Administration (SBA) to support export growth among North Carolina’s small businesses, North Carolina Commerce Secretary Anthony M. Copeland announced today. The grant extends the state’s support for North Carolina companies seeking to grow their business by selling products to international buyers.

igh, N.C. — Unemployment rates (not seasonally adjusted) increased in 93 of North Carolina’s counties in July, decreased in three, and remained unchanged in four.  Scotland County had the highest unemployment rate at 7.6 percent, while Buncombe County had the lowest at 3.4 percent.  All 15 of the state’s metro areas experienced rate increases. Among the metro areas, Rocky Mount at 6.6 percent had the highest rate and Asheville had the lowest rate at 3.6 percent.  The July not seasonally adjusted statewide rate was 4.5 percent. 

Company will invest $11.9 million to support new production lines

North Carolina Commerce Secretary Anthony M. Copeland has appointed Napoleon Wallace, a finance and community economic development executive, as the department’s Deputy Secretary to oversee the Divisions of Workforce Solutions and Rural Economic Development. Wallace had previously been serving as the Assistant Secretary for the rural division.

$1.9 million in vital capital will go to 32 small businesses across the state, Gov. Cooper announces

Raleigh, N.C. — The state’s seasonally adjusted July unemployment rate was 4.1 percent, decreasing 0.1 of a percentage point from June’s revised rate.  The national rate decreased 0.1 of a percentage point to 4.3 percent. North Carolina’s July 2017 unemployment rate decreased 0.8 of a percentage point from a year ago.  The number of people employed decreased 989 over the month to 4,699,771 and increased 76,538 over the year. The number of people unemployed decreased 7,005 over the month to 200,752 and decreased 39,162 over the year.

Premtec Division of New York Air Brake to add jobs in Salisbury