Governor Roy Cooper has proclaimed May 1 - 7, 2022 as Small Business Week to celebrate America’s entrepreneurs and the impact of small businesses on North Carolina’s economy.
“From the mountains to the coast, small businesses are the backbone of our state’s economy,” Governor Cooper said. “As we emerge from this pandemic stronger than ever, we’re committed to providing the educated workforce and resources these entrepreneurs need to succeed.”
Technimark, LLC, a manufacturing solutions provider for the healthcare and consumer packaging markets, will expand its healthcare production operations in Randolph County, creating 220 jobs, Governor Roy Cooper announced today. The company will invest $62 million to support growth in its healthcare and consumer packaging markets.
Vanguard Furniture Company, Inc., a North Carolina furniture manufacturer, will add 100 new jobs in Burke County, Governor Roy Cooper announced today. The company will invest more than $5.9 million for an expansion of its upholstery manufacturing operations to Morganton.
“North Carolina continues to be the global leader for furniture manufacturing,” said Governor Cooper. “Vanguard’s decision to expand in our state affirms that our quality of life and skilled workforce can provide a thriving business climate that brings success.”
CertainTeed, a manufacturer of building products, will add 37 new jobs in Granville County, Governor Roy Cooper announced today. The company will invest $118.8 million to expand its roofing shingle manufacturing facility in Oxford.
“CertainTeed’s expansion is a great indicator of North Carolina’s manufacturing economy,” said Governor Cooper. “Aside from accolades for being the best place to do business, companies in our state know the advantages of operating here, including our dedicated, well-trained workforce and our great quality of life.”
Nucor (NYSE: NUE), the largest producer of steel in the United States, will locate a new micro mill steel plant in the city of Lexington in Davidson County, Governor Roy Cooper announced today. The company will create at least 180 jobs and invest $350 million to establish the manufacturing site for producing steel bar and rebar.
Macy’s, Inc. (NYSE: M), the iconic American retailer, will invest more than $584 million to build its first automated fulfillment center in the Town of China Grove, Governor Roy Cooper announced today. Once fully operational, the company says it plans to employ 2,800 new jobs in Rowan County.
VinFast, the Vietnamese auto manufacturer building a new line of electric vehicles, has selected North Carolina for its first North American automotive assembly and battery manufacturing plant, creating 7,500 jobs, Governor Roy Cooper and Vingroup Vice Chair and VinFast Global CEO Le Thi Thu Thuy announced today during an event at the new Raleigh Convention Center. The company intends to invest up to $2 billion in phase 1 of its project at the Triangle Innovation Point megasite in Chatham County.
Service Offsite Solutions (SOS), a supplier of offsite homebuilding solutions, will create 235 new jobs in a Lee County expansion, Governor Roy Cooper announced today. The company will invest $11.8 million to build a new manufacturing facility in Sanford.
“This expansion is another great economic development win for North Carolina,” said Governor Cooper. “Companies know our capable workforce, central location, and great quality of life are benefits to helping the homebuilding industry meet the high demand in North Carolina.”
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.