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 US Conec Ltd., a global leader in the design, development, and manufacturing of high-density optical interconnects, will add 224 new jobs in Catawba County. The company will invest more than $149.7 million to build a state-of-the-art manufacturing facility in Hickory.

“North Carolina companies appreciate the advantages of operating in our state,” said Governor Josh Stein. “US Conec’s decision to expand here validates the strength of our manufacturing base, our skilled talent, and our stable business climate.”

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.

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.

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
Today Governor Stein joined officials with the N.C. Global TransPark and the U.S. Navy in Kinston for the ribbon-cutting ceremony at the U.S. Navy’s Fleet Readiness Center East (FRCE) military aircraft maintenance, repair and overhaul complex. The facility will provide fleet support to the United States military and bring more than 400 jobs to eastern North Carolina, with an estimated $140 million annual economic impact.

Today Governor Josh Stein announced SteelFab, Inc., a steel fabrication company, will add 38 new jobs in Cumberland County. The company will invest more than $19 million to expand operations in Fayetteville.

“North Carolina is a place where businesses like SteelFab can grow,” said Governor Josh Stein. “Cumberland County is home to a world-class workforce, legacy of manufacturing excellence, and convenient East Coast location. We’re grateful that SteelFab is doubling down on Cumberland.”

Today Governor Josh Stein announced that Boater’s World Manufacturing Group, LLC will create 179 new jobs in Beaufort County. The company says it will invest more than $6 million to establish a boat manufacturing campus in Chocowinity.
Today Governor Josh Stein announced ProVia LLC, a manufacturer of exterior building products, will create 400 jobs in Davie County. The company will invest $120 million to build a window manufacturing facility in Mocksville to serve the southeastern United States.