Press Releases

Governor Roy Cooper announced today that 29 local governments in rural areas across the state have been awarded grants from the Rural Transformation Grant Fund, a robust source of support for rural economic development projects in North Carolina.

ProKidney, Corp., a late clinical-stage cellular therapeutics company focused on chronic kidney disease (CKD), will be establishing a new biomanufacturing facility in Guilford County, potentially creating up to 330 jobs, Governor Roy Cooper announced today.

Today, the North Carolina Department of Commerce launched two new initiatives and web pages aimed at strategically positioning North Carolina consortia and companies for potential federal designation as Regional Technology and Innovation Hubs (Tech Hub), and for other federal investments enacted

Auction Direct USA, an operator of a network of used vehicle superstores, will expand its operations in North Carolina by locating a new high-volume vehicle reconditioning facility in Granville County, creating 173 jobs, Governor Roy Cooper announced today. The company will invest $2.9 million in

Bosch will add 400 new jobs in Lincoln County for its power tools business, Governor Roy Cooper announced today. The company says it will invest $130 million to expand its power tools accessory manufacturing site in the City of Lincolnton.

Unemployment rates (not seasonally adjusted) decreased in 98 of North Carolina’s counties in April 2023 and increased in two. Scotland County had the highest unemployment rate at 6.8 percent while Buncombe County had the lowest at 2.4 percent.

Thirteen rural communities from across the state have been selected to participate in the Commerce Department’s program to increase their capacity to plan, implement, and manage economic development programs and opportunities.

alpitronic Americas LLC, a manufacturer of high-power electric vehicle charging stations, will create 300 new jobs in Mecklenburg County, Governor Roy Cooper announced today.

The state’s seasonally adjusted April 2023 unemployment rate was 3.4 percent, decreasing 0.1 of a percentage point from March’s revised rate. The national rate decreased 0.1 of a percentage point to 3.4 percent.