Topics Related to Business

Commercial Vehicle Supplier to Invest $4 Million in Morganton Expansion

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.”

Mt. Olive Pickle to Expand in Goldsboro with a $35 Million Investment

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.”

Governor Cooper Announces Sherwin-Williams Expansion in Iredell County Will Create 183 Jobs

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.

Plumbing Supplier to Increase Manufacturing Footprint with $13 Million Investment in Thomasville

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.”

Global Pharmaceutical Packaging Manufacturer to Invest More than $70 Million in Kinston Expansion

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.

Governor Cooper Announces Nearly 600 Jobs as Lilly Selects Cabarrus County for Major Pharmaceutical Plant

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.

Governor Cooper Announces Boom Will Manufacture Supersonic Aircraft in North Carolina Creating More Than 1,750 Jobs by 2030

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.

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.