Topics Related to Business

Governor Cooper Announces CPR Equipment Producer’s Plans to Establish Facility in Franklin County

Medical equipment supplier, Innosonian America, LLC, will create 34 new jobs in Franklin County, Governor Roy Cooper announced today. The company will invest $345,000 to relocate its warehousing and sales facility to the Town of Youngsville.

“It’s good to kick off economic recruitment in 2022 with important jobs in rural North Carolina created by global company Innosonian,” said Governor Cooper. “North Carolina’s world class workforce, location and quality of life can meet this innovative company’s needs.”

2021: A Record-Breaking Year for New Jobs and Investment in North Carolina

Governor Roy Cooper announced 24,224 new jobs in North Carolina last year, representing 185 business recruitment, expansion or rural development projects that engaged with the North Carolina Department of Commerce or its team at the Economic Development Partnership of N.C. in 2021.  These projects will bring $10.1 billion of capital investment into the state, marking new all-time highs for economic development performance.

Science 37 Selects Research Triangle Region for New Headquarters

Science 37, Inc. [ NASDAQ: SNCE ], the Agile Clinical Trial Operating Systemtm, will relocate its corporate headquarters from California to North Carolina’s Research Triangle region and create 250 jobs over five years in Wake County, Governor Roy Cooper announced today. The company will invest nearly $1.5 million to establish operations in the Town of Morrisville.

Survey Finds Business Optimism is High

The majority of respondents to a rolling survey of North Carolina businesses launched in October expressed optimism for the future of their businesses and reported they were meeting or exceeding revenue goals, according to preliminary results from the state’s new Business Pulse Survey.

LT Apparel Group Growing Operations in North Carolina with Greensboro Expansion Project

LT Apparel Group, a leading manufacturer of childrenswear apparel is expanding operations in North Carolina with an investment of at least $57 million in Greensboro. The company’s project will add a minimum of 116 new jobs to the community and will help increase industrial capacity at the Reedy Fork Corporate Park.

“Manufacturers continue to choose North Carolina for expansion projects that are critical to their bottom line,” said Governor Roy Cooper. “LT Apparel Group’s decision demonstrates confidence in our workforce and the growth of our state."

Governor Cooper Announces Kroger Will Build High-Tech Customer Fulfillment Center in Cabarrus County and Create Nearly 700 Jobs

The Kroger Co. (NYSE: KR) America’s largest grocery retailer, will build a high-tech customer fulfillment center in Cabarrus County and create nearly 700 jobs over five years to support a logistics facility that will be established in the City of Concord, Governor Roy Cooper announced today.

Governor Cooper Announces Toyota Will Build Company’s First North American Battery Plant in North Carolina

Toyota will build its first North American battery manufacturing plant for a new generation of vehicles in North Carolina, creating at least 1,750 jobs, Governor Roy Cooper announced today. Toyota will invest $1.29 billion at the Greensboro-Randolph Megasite, strengthening North Carolina’s position as a leader in the nation’s growing, clean energy economy.

Furniture Company to Add New Production Facility and 90 New Jobs in Catawba County

Sherrill Furniture, a high-end furniture manufacturer, will create 90 new jobs in Catawba County, Governor Roy Cooper announced today. The company will invest $2.9 million to open a new custom upholstery production facility in Conover.

“The furniture capital of the world is growing,” said Governor Cooper. “North Carolina companies like Sherrill Furniture understand the advantages of doing business in our state and we’re grateful for their contributions to our communities and our economy."

Governor Cooper Announces MasterBrand Cabinets Will Expand in Lenoir County Adding More Than 450 New Jobs

MasterBrand Cabinets, one of the largest cabinet manufacturers in North America, will expand its operations in Lenoir County to create more than 450 jobs over five years, Governor Roy Cooper announced today. The company will invest more than $13.5 million to expand production capacity at its manufacturing center in Kinston.

Manufacturing Company Selects Wayne County for East Coast Expansion

Hosokawa Custom Processing Services, a contract chemical processor, will create 16 new jobs in Wayne County, Governor Roy Cooper announced today. The company will invest $6.5 million to relocate a processing center to Goldsboro.

“We are pleased to welcome Hosokawa to our state,” said Governor Cooper. “This decision to relocate to Eastern North Carolina underscores the strength of our business location, premier quality of life and most importantly, our talented workforce in every region of the state.”