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 AbbVie Inc. (NYSE: ABBV), a global biopharmaceutical company, will create 734 jobs in a new pharmaceutical operation in Durham County. The company says it will invest $1.4 billion to build a 185-acre state-of-the-art manufacturing campus in the City of Durham.

Governor Josh Stein announced today that SMBC Group, one of Japan’s largest financial institutions, will establish its second U.S. headquarters in Charlotte to support its operations, creating 2,000 jobs over the course of six years. The company will invest $50.5 million in Mecklenburg County.Governor Stein met with leaders from the company to recruit them to North Carolina during his business development trip to Tokyo last fall.

Today Governor Josh Stein joined Siemens Mobility Inc. at the ribbon-cutting ceremony for its new passenger rail manufacturing center in Lexington.

Today the North Carolina Department of Commerce’s Division of Community Revitalization (DCR) announced a first-round Notice of Funding Opportunity (NOFO), making $40 million in federal funding available to help restore and reinvigorate commercial districts in western North Carolina damaged by Hurricane Helene.

Today Governor Josh Stein announced Linde Inc., an industrial gases and engineering company, will create 20 new jobs in Northampton County. The jobs are part of an investment of more than $75 million to build an air separation facility in Garysburg.

Today Governor Josh Stein announced that Capital Group, one of the world’s largest and most experienced active asset managers, will establish a major East Coast operations hub in Charlotte.“We’re excited that Charlotte’s reputation as one of the nation’s top banking centers has attracted Capital Group to establish its East Coast hub here,” said Governor Stein. “North Carolina offers a talent pool that’s especially well suited to helping financial services companies like the Capital Group succeed in our state.”

Today, Governor Josh Stein announced TSEA Energy, a manufacturer of energy equipment, will establish its first U.S. manufacturing plant in Rockingham County. The company says it will create 160 jobs and invest $25 million in Eden.“I am delighted to welcome TSEA Energy to North Carolina and Rockingham County,” said Governor Josh Stein. “Our highly skilled workforce, business-friendly environment, and convenient East Coast location will help them modernize the electrical grid as utilities meet the growing energy demand in our state and our nation.”

Seventy-two small businesses from Murphy to Manteo have earned the designation as a Certified North Carolina Destination Business by the North Carolina Department of Commerce. Launched by the North Carolina Main Street and Rural Planning Center in 2025 with 33 businesses, this statewide initiative strengthens small businesses and enhances community vitality by transforming local shops into destination-worthy experiences.

Today Governor Josh Stein announced US Forged Rings, Inc., a manufacturer of specialty steel products, will establish a major production facility in Hertford County. The company says the project will involve three phases and carry a planned total investment of $875 million. According to the company, the project’s first two phases are estimated to create 625 new full-time jobs.