Topics Related to Business

Today, Governor Roy Cooper announced that Amgen Inc., the pioneering biotechnology company, will expand its biologics manufacturing operation in Holly Springs, creating 370 additional jobs. The company intends to invest $1 billion in Wake County.

Today, Governor Roy Cooper announced that Wieland, a global copper manufacturer, will add 50 new jobs and invest more than $27 million in expanding its production facility in Pine Hall.“North Carolina is a proud leader in manufacturing, and Wieland’s announcement to expand in Stokes County continues that tradition,” Governor Cooper said. “Our excellent workforce paired with a commitment to innovation make new jobs like these a reality.”

Today, Governor Roy Cooper announced that 21st Century Software Technologies, Inc. (21CS), a global software development company, will create 25 new jobs in Carteret County. The company will invest $455,000 to relocate its headquarters to Morehead City."Evolving from tobacco to tech, North Carolina’s economy is now at the forefront of innovation,” Governor Cooper said. “Morehead City will welcome 21CS with a growing tech industry that will continue to fuel job creation, innovation, and economic opportunity for generations to come.”

Provalus, an information technology outsourcing firm, will establish a Center of Excellence in Wilkes County, creating 150 jobs, according to the company. Provalus will invest $1.05 million in North Wilkesboro.“North Carolina offers exceptionally talented workers in all parts of our state, and it’s great to see a company like Provalus recognize this strength in Wilkes County,” said Governor Cooper. “Companies know they can count on the state’s highly regarded education and workforce training systems to provide the talent they need to be successful.”

RXO (NYSE: RXO), a leading freight transportation company headquartered in Charlotte, will expand its operations in Mecklenburg County, creating 216 jobs over the next several years, Governor Roy Cooper announced today. The company will invest $13.7 million to expand its market presence.

Applications are now being accepted for a new round of grants from the One North Carolina Small Business Program, a key source of funding for small businesses engaged in research and development that lead to commercial products.

Today, Governor Roy Cooper announced Abstract Ice Inc, a manufacturer of specialty craft ice products, will create 26 new jobs and invest more than $14.7 million in establishing a new manufacturing facility in Forest City.“Today, we celebrate Abstract Ice investing in Rutherford County,” Governor Cooper said. “Western North Carolina is open for business, and innovative companies like Abstract Ice will continue to invest in our state with our highly skilled workforce, strong infrastructure and great quality of life.”

Today, IQE, Inc., a global semiconductor manufacturer, announced an expansion in Guilford County, signaling its ongoing commitment to future investment in the region, subject to customer commitments and funding from the federal CHIPS Act. The company plans to add 109 jobs and invest $305 million over several years to expand its manufacturing facility for next generation compound semiconductor material in the City of Greensboro.

Governor Roy Cooper welcomed the Japanese Ambassador to the United States, Shigeo Yamada, to Charlotte and served as the host-state Governor for the annual Southeastern United States/Japan (SEUS/Japan) Economic Development Conference. The conference convened on Sunday, October 27 in Charlotte to recruit Japanese industry and meet with business leaders.

The Division of Employment Security (DES) has announced that 12 additional counties have been approved for Disaster Unemployment Assistance (DUA) because of the devastating impacts from Hurricane Helene, which brings the total approved for DUA to 39 counties plus the Eastern Band of Cherokee Indians of North Carolina.