Press Releases

Policygenius, a fast-growing online insurance platform, will locate a new technical and operations center in Durham County, creating at least 377 jobs over the next five years, Governor Roy Cooper announced today. The company will invest nearly $6 million in Durham.

Carvana (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars will locate a new inspection and reconditioning facility in Cabarrus County, creating more than 400 jobs, Governor Roy Cooper announced today.

Kitsbow, a specialty clothing manufacturer based in California, will create 53 new jobs in McDowell County, Governor Roy Cooper announced today. The company will invest $890,000 in operating a manufacturing and distribution facility in Old Fort.

Unemployment rates (not seasonally adjusted) increased in five of North Carolina’s counties in July, decreased in 70, and remained unchanged in 25. Scotland County had the highest unemployment rate at 7.4 percent, while Buncombe County had the lowest at 3.3 percent.

The North Carolina Rural Infrastructure Authority (RIA) approved 11 grant requests August 22 to local governments totaling $3,767,500, N.C. Commerce Secretary Anthony M. Copeland announced. The requests include commitments to create a total of 245 jobs, 54 of which were previously announced.

Hockmeyer Equipment Corporation, a process equipment maker, will create 90 new jobs as it expands its operations in Pasquotank County, Governor Roy Cooper announced today. The company will invest $6 million with an expansion in Elizabeth City.

The state’s seasonally adjusted July unemployment rate was 4.2 percent, remaining unchanged from June’s revised rate. The national rate remained unchanged from June’s revised rate of 3.7 percent.

Record visitor spending in 2018 was reflected with visitor spending increases in all 100 counties, Governor Roy Cooper announced today. The data comes from an annual study commissioned by Visit North Carolina, a unit of the Economic Development Partnership of North Carolina.

The NCWorks Commission gave formal approval to the state’s first Energy Career Pathway during its quarterly meeting on Aug. 7, held at Goodwill Industries of the Southern Piedmont in Charlotte.

Xerox (NYSE: XRX), a Fortune 500 technology company, will build a new Center of Excellence in Cary, creating 600 jobs, Governor Roy Cooper announced today. The company will invest $18.4 million in Wake County.