Topics Related to Business

Apple has selected North Carolina’s Research Triangle region as the location for its newest research and development campus and will create 3,000 jobs in Wake County, Governor Roy Cooper announced today. Apple plans to invest more than $1 billion in the state by 2032.

Earlier today, Governor Cooper, Senator President Pro Tempore Phil Berger, Senator Dan Blue, Speaker Tim Moore and Representative Robert Reives issued this statement:

Today Governor Josh Stein announced GE Aerospace will add 44 new jobs in Ashe County. The company will invest more than $52.9 million to expand its site in West Jefferson.“GE Aerospace’s expansion is a win for western North Carolina,” said Governor Josh Stein. “GE Aerospace could have chosen any location for this investment, but they chose the ‘First in Flight’ state because they believe in the hardworking people of Ashe County to power them forward.”

Today Governor Josh Stein announced VectorTex USA, LLC, a product developer and technology company, will create 44 new jobs in Bladen County. The company will invest more than $6 million to establish its first North American manufacturing facility in Elizabethtown.  

Today, Governor Josh Stein announced intelligent power management company Eaton will add 30 jobs in Nash County by expanding its aerospace components manufacturing facility with a $6.8 million investment in the Town of Middlesex.“I am delighted to announce Eaton’s recommitment to North Carolina,” said Governor Josh Stein. “This additional investment strengthens our position as a national leader in aerospace manufacturing. The aerospace supply chain gets continues to thrive here in the first in flight state, making us also the future of flight.”

Aspida Financial Services, a life insurance and annuity group, will begin a phased expansion of their global headquarters, adding 1,000 new jobs in Durham County over the next several years. The company will invest more than $28 million in the City of Durham.“Aspida’s decision to scale its headquarters in Durham reflects the strength of our state’s talent pipeline and the collaborative spirit of our economic development partners,” said North Carolina Commerce Secretary Lee Lilley. “We look forward to supporting the growth of other home-grown North Carolina companies.”

Governor Josh Stein today announced that Novartis, a global leader in the development and manufacturing of innovative medicines, will expand its pharmaceutical manufacturing operations in North Carolina. The company says it expects to create 700 new jobs by the end of 2030 in Durham and Wake counties, while investing $771 million in the City of Durham and Town of Morrisville. 

Today Governor Josh Stein announced Scout Motors Inc., an automotive manufacturer, will create 1,200 jobs in Mecklenburg County. The project will invest more than $206.9 million to establish its corporate headquarters operation in the City of Charlotte.

Today Governor Josh Stein joined Toyota leaders and local officials to celebrate the opening of Toyota’s first battery plant in North America. This $13.9 billion investment in Liberty is creating more than 5,100 jobs in Randolph County.“Today we celebrate historic progress as Toyota scales battery production right here in North Carolina,” said Governor Josh Stein. “This groundbreaking investment will create more than 5,000 new jobs for North Carolinians and will strengthen our clean energy economy.”  

This week, Governor Josh Stein led a 51-person delegation to

Governor Josh Stein announced today that Pacific Life, the F