Press Releases

Unemployment rates (not seasonally adjusted) increased in 99 of North Carolina’s counties in July and remained unchanged in one. Scotland County had the highest unemployment rate at 14.1 percent, while Camden had the lowest at 6.1 percent. All 15 of the state’s metro areas experienced increases. Among the metro areas, Fayetteville had the highest rate at 11.6 percent and New Bern had the lowest at 7.5 percent. The July not seasonally adjusted statewide rate was 8.9 percent.

This week, Governor Roy Cooper announced the State of North Carolina will provide $28 million to local governments and communities in their response to the economic and public health impacts of COVID-19 through the Community Development Block Grant Coronavirus (CDBG-CV) program. The program will be funded through the CARES Act by the U.S. Department of Housing and Urban Development (HUD) to support North Carolina’s ongoing effort to fight COVID-19.

Governor Roy Cooper today announced $175 million to help North Carolinians with rental and utility payment support in the wake of the COVID-19 pandemic. “COVID-19 has strained family finances across North Carolina, and many people are struggling to make ends meet,” said Governor Cooper. “People need a safe, stable place to call home, especially during this pandemic, and we must help keep people in their homes and keep their utilities on while our economy recovers.”

The state’s seasonally adjusted July unemployment rate was 8.5 percent, increasing 1.0 point from June’s revised rate. The national rate decreased 0.9 of a percentage point to 10.2 percent. North Carolina’s July 2020 unemployment rate increased 4.6 percentage points from a year ago. The number of people employed increased 72,211 over the month to 4,502,345 and decreased 382,495 over the year. The number of people unemployed increased 62,712 over the month to 419,812 and increased 220,318 over the year.

Dansons US, LLC, a global manufacturer of consumer goods, will locate a distribution center in Cumberland County, North Carolina Commerce Secretary Anthony Copeland announced today. The company plans to add up to 118 jobs and invest approximately $27.7 million in Fayetteville.

Continental Structural Plastics (CSP), a leading manufacturer of automotive and heavy truck composite components, will expand its operations in North Carolina to create 61 jobs, Governor Roy Cooper announced today. The company will make a capital investment of $45 million to add new capabilities to its Salisbury facility in Rowan County. “North Carolina’s manufacturing base continues to grow and strengthen our economy,” said Governor Cooper. “Even in the face of the pandemic, North Carolina is producing jobs and attracting companies who need our resilient, productive workforce.”

The North Carolina Rural Infrastructure Authority (RIA) has approved 18 grant requests to local governments totaling $4,847,243, Governor Roy Cooper announced today. The requests include commitments to create a total of 590 jobs, 296 of which were previously announced. The public investment in these projects will attract more than $103 million in private investment.

Businesses and nonprofit organizations in North Carolina that have experienced interruption due to the COVID-19 coronavirus pandemic could qualify for up to $250,000 from a new state grant program, Governor Roy Cooper announced today. The Department of Commerce is now accepting applications for the Job Retention Grant Program (JRG) through the agency’s website. “The Job Retention Grant Program offers another way for employers hit hard by COVID-19 to gain some relief,” said Governor Cooper. “This program aims to help employers keep employees on the payroll.”

Governor Roy Cooper announced today that Beam Therapeutics (Nasdaq; BEAM), a biotechnology company developing precision medicines through DNA base editing, plans to build a manufacturing facility in North Carolina’s Research Triangle Park, creating 201 jobs. Over a period of 5 years, the company expects to invest $83 million in the facility, which will support clinical and commercial manufacturing for the company’s novel base editing programs.

The North Carolina Department of Commerce has identified and hired an experienced, international consulting company to help the agency assess North Carolina’s potential as an offshore wind industry hub.  BVG Associates, headquartered near London with offices in Glasgow, Scotland, Boston, and Richmond, Virginia will help the Department research and develop an inventory of businesses, organizations, and physical infrastructure best positioned to promote offshore wind development in North Carolina.