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Topics Related to Business
Sixty nine percent of businesses responding to an ongoing survey of North Carolina businesses report they either met or exceeded their revenue expectations in the month of January, according to preliminary results from the state’s Business Pulse Survey. Looking ahead, forty six percent of businesses responding to the survey plan to raise wages in the next six months, with forty six percent also planning to increase their staffing levels.
BestCo LLC, a leading manufacturer of innovative over-the-counter pharmaceutical, vitamin, and supplement products will significantly expand its facilities in Iredell County, creating 394 jobs, Governor Roy Cooper announced today. The company will invest $177 million to increase production capacity in Mooresville.
Nordfab, a manufacturer of ductwork used in environmental filtration systems will expand its existing operations in Thomasville with an investment of $5.5 million, Governor Roy Cooper announced today. The decision creates 25 jobs in Davidson County to support the expansion of the company’s production facilities.
Meritor, Inc. [NYSE: MTOR], a supplier of commercial vehicle solutions, will add 25 new jobs in Burke County, Governor Roy Cooper announced today. The company will invest more than $4 million to expand its trailer operation in the City of Morganton.
“North Carolina has been intentional in our efforts to create a thriving manufacturing economy,” said Governor Cooper. “Companies like Meritor know they can rely on our extensive transportation network, affordability, and resilient workforce to execute their growth strategies.”
“North Carolina has been intentional in our efforts to create a thriving manufacturing economy,” said Governor Cooper. “Companies like Meritor know they can rely on our extensive transportation network, affordability, and resilient workforce to execute their growth strategies.”
Mt. Olive Pickle Company, Inc. will create 167 jobs in Wayne County, Governor Roy Cooper announced today. The company will invest more than $35 million to expand its manufacturing, warehouse, and distribution operations to Goldsboro.
“Some of our very best business recruiters are the existing industries that continue to reinvest in North Carolina,” said Governor Cooper. “The expansion of a household brand like Mt. Olive Pickle Company proves that North Carolina’s quality of life, central location, and experienced talent are attractive to growing companies.”
“Some of our very best business recruiters are the existing industries that continue to reinvest in North Carolina,” said Governor Cooper. “The expansion of a household brand like Mt. Olive Pickle Company proves that North Carolina’s quality of life, central location, and experienced talent are attractive to growing companies.”
The Sherwin-Williams Company (NYSE: SHW), the well-known global manufacturer of paints and coatings, will create 183 jobs in Iredell County as it expands its facilities in Statesville, Governor Roy Cooper announced today. The company will invest $324 million to significantly expand its manufacturing capacity and establish a larger distribution facility at the site.
BrassCraft Manufacturing Company, leading provider of rough plumbing products, will create nearly 100 new jobs in Davidson County, Governor Roy Cooper announced today. The company will invest more than $13 million to expand its manufacturing operations in the City of Thomasville.
“This expansion by BrassCraft is a great vote of confidence for North Carolina’s economy,” said Governor Cooper. “The company has seen success in Davidson County and understands the value of our workforce, quality of life and central location that support its global reputation.”
“This expansion by BrassCraft is a great vote of confidence for North Carolina’s economy,” said Governor Cooper. “The company has seen success in Davidson County and understands the value of our workforce, quality of life and central location that support its global reputation.”
West Pharmaceutical Services, Inc. [NYSE: WST], a global leader in innovative solutions for injectable drug administration, will create approximately 70 jobs in Lenoir County, Governor Roy Cooper announced today. The company will invest more than $70 million over the next few years to expand its manufacturing operation in Kinston.
Eli Lilly and Company, a global healthcare and biopharmaceutical company, plans to invest $1 billion and create nearly 600 new jobs in Cabarrus County, Governor Roy Cooper announced today. The company will build a new pharmaceutical manufacturing facility in Concord, demonstrating again the presence of the biotechnology industry in all regions of North Carolina.
Boom Supersonic, the high-profile aviation company building modern supersonic airliners for commercial service, will build its manufacturing and final assembly facility in Greensboro, creating more than 1,750 jobs by 2030, Governor Roy Cooper announced today. The project will bring an investment of more than $500 million through 2030 at a site located at the Piedmont Triad International Airport in Guilford County.