Press Releases

Today Governor Josh Stein announced that North Carolina's Rural Infrastructure Authority (RIA) has approved nine grant requests for local governments totaling $2,236,000. The grants include commitments to create a total of 219 jobs, 141 of which were previously announced. As a result of these grants, the additional private investment in these projects is expected to exceed $504 million.

Today Governor Josh Stein announced Utili-Serve, LLC, a utility infrastructure company, will add 105 new jobs in Catawba County. The company will invest more than $24.8 million to expand its headquarters and construct a new 25,000-square-foot manufacturing facility in Conover.

Today, Governor Josh Stein announced Corvid Technologies, an employee-owned non-traditional defense contractor, will add 423 jobs in Iredell County. The company will invest $95 million to expand its Mooresville campus and build an additional advanced manufacturing facility.

Applications to the One North Carolina Small Business Program are now being accepted from technology-based, small businesses that call North Carolina home.

The North Carolina Department of Commerce has awarded employer engagement grants totaling $660,000 to 13 local workforce development boards, Governor Josh Stein announced today.

Today Governor Josh Stein announced that more than 500 high school students completed summer pre-apprenticeship and youth apprenticeship academies this year through the North Carolina Business Committee for Education (NCBCE) in programs focused on electrical trades, advanced manufacturing, agriculture, biotechnology, and health care.

North Carolina Commerce Secretary Lee Lilley issued a statement on Caterpillar's plans to expand its production capacity with a new manufacturing facility in Sanford:“Caterpillar’s billion-dollar investment in North Carolina is putting down even deeper roots in Sanford. Their investment is a powerful reflection of the manufacturing excellence, innovation, and opportunity that have become synonymous with North Carolina.

Unemployment rates (not seasonally adjusted) decreased in 91 counties in August 2026 and remained unchanged in nine. Edgecombe County had the highest unemployment rate at 5.4 percent while Currituck County had the lowest at 2.7 percent. Twelve of the state’s metro areas experienced rate decreases and three remained unchanged. Among the metro areas, Rocky Mount had the highest rate at 4.8 percent while Asheville and Raleigh each had the lowest at 3.1 percent. The not seasonally adjusted statewide rate was 3.6 percent. 

Today Governor Josh Stein handed Dennis Fultz, a Leicester homeowner, the keys to his brand-new home – a homecoming that was made possible through Renew NC’s Single-Family Housing Program. After losing his house of 10 years to Hurricane Helene, Mr. Fultz now has a safe place to call home.

In the two years since Hurricane Helene devastated western North Carolina, the North Carolina Department of Commerce has helped families, businesses, and communities with the support needed to rebuild stronger than ever. Commerce is administering $1.4 billion in federal recovery funds supporting housing, infrastructure, and community development, welcomed nearly $7.7 billion of tourism to the mountains, announced economic development projects bringing 4,105 new jobs to the region, and dispersed more than $96 million in disaster-related unemployment insurance benefits to people in need. These