Topics Related to Business

, N.C. -  Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that  Packrite, LLC will expand its operations in Guilford County and create 100 new jobs over the next five years.  The company plans to invest $8.9 million in building and equipment in the city of High Point over the course of the first year.
 
, N.C. - North Carolina Industrial Commission Chairman Andrew T. Heath has released an update on the Industrial Commission’s initiative to thoroughly investigate and penalize state businesses that operate without required workers’ compensation coverage.  This initiative was launched in early 2014.
The North Carolina Department of Commerce is now accepting applications for the BizConnect Broadband Pilot Grant Program. This program provides reimbursements to North Carolina cities, towns or villages to fund deployment of broadband connectivity to a business location that is unserved, or underserved, by necessary broadband connectivity. The purpose of this program is to enable the business to create jobs. Reimbursements in the amount of up to $10,000 per job created will be offered.
Raleigh, N.C. -  Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that Sanderson Farms will construct a new state-of-the-art poultry complex in Robeson County.  The new processing plant and hatchery will create approximately 1,100 new jobs during the next three years. Sanderson Farms expects to invest approximately $139 million in the complex which includes upgrades to its Kinston, N.C. feed mill.
Raleigh, N.C. - Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that Jimbo’s Jumbos, Inc. will expand its operations in Chowan County and create 78 new jobs over the next three years.  The company plans to invest $30 million in the city of Edenton over the same period.
, N.C. - Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that Global Packaging will expand its facility in Richmond County. The expansion will create 33 new jobs over the next three years.  The company plans to invest $9.8 million in Hamlet. 
 
, N.C. - Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that Pactiv, LLC will be expanding its operations in Lenoir County.  The company will create 59 new jobs and invest more than $24 million in Kinston over the next three years.
 
“Pactiv is a global company that already has a large presence in North Carolina,” said Governor McCrory. “Any time one of our established companies chooses to expand, it sends a strong message about our state’s great business climate.”
 
 Governor Pat McCrory announced today that North Carolina jumped to fourth place among all states in Site Selection magazine’s 2014 Governor’s Cup, a closely-watched ranking of economic development success.  North Carolina moved up three spots as compared to last year’s ranking.  The Governor’s Cup is awarded annually based on the number of new and expanded corporate facilities as tracked by Conway Data Inc.’s New Plant Database.  North Carolina ranked number one in the South Atlantic region.
 
, N.C. - Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that RAUMEDIC, Inc. will be locating its first U.S. production facility and headquarters in Henderson County and creating 138 new jobs over the next five years.  The company plans to invest $26.3 million in the town of Mills River.
 
, N.C. - The North Carolina Industrial Commission announced today the approval of three administrative rules which significantly revise its Medical Fee Schedule.  The revised medical fee schedule is expected to provide the state’s workers’ compensation system with $27 million in annual savings and encourage increased access to medical care.  The new rules were approved by the Rules Review Commission at its February 19th meeting.  The rules were initially proposed by the Industrial Commission in November 2014 and were the subject of a public hearing held in December 2014.