Press Releases

-- The N.C. Department of Commerce announced today that five new communities have been chosen to participate in the Office of Urban Development’s 2012 Small Town Main Street program. Cherryville, Elizabethtown, Richlands, Saluda and Spencer were selected through a competitive application process that included ten communities from across the state. Designation of these five new towns brings the total number of the state’s Small Town Main Street communities to 44.

35 Productions to Date Account for $300 Million in Spending, 16,000 Jjob Opportunities

State Grant Helps Company Expand Research in Triangle Park

State Grant Assists Company with Locating its East Coast Operations in Rutherford County

State Grant Helps Company Locate in Hamlet

The North Carolina Utilities Commission announced today its approval of the proposed merger between Duke Energy Corporation and Progress Energy, Inc. The combined company will serve approximately 3 million customers in North Carolina.

State Grant Helps Company Locate in Hamlet

Program Will Benefit Rural Schools, Community Colleges and Local Governments

The N.C. Department of Commerce announced Thursday that Asheboro has been designated as a N.C. Certified Retirement Community.  The N.C. General Assembly established the program in 2008 to designate communities that offer unprecedented quality of living that is desirable to retirees. “The leadership in Asheboro understands and appreciates the contribution that retirees can make to the overall enrichment of a community,” said N.C. Commerce Secretary Keith Crisco.  “This distinction will be a positive economic development tool for the city and all of its residents.”

Company plans to expand Buncombe County precision machining facility