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North Carolina

Apple to Invest $1 Billion, Hire 3,000 in North Carolina

by GroundBreak Carolinas Staff on April 26, 2021

Apple has selected North Carolina’s Research Triangle region as the location for its newest research and development campus and will create 3,000 jobs in Wake County, Governor Roy Cooper announced today. Apple plans to invest more than $1 billion in the state by 2032. Earlier today, Governor Cooper, Senator President Pro Tempore Phil Berger, Senator…

Topics: Economic Development, Featured, Mission Critical / Data Centers
Apple, North Carolina

Business Facilities Ranks North Carolina #1 for Economic Growth Potential

by EDPNC on August 1, 2019

North Carolina is the top-ranked state for economic growth potential in Business Facilities magazine’s 15th Annual Rankings Report. North Carolina, Colorado and Virginia topped the chart in Business Facilities’ annual growth potential ranking. Jack Rogers, editor in chief, noted that all three states have established highly diversified growth strategies and staked a claim to leadership in high-tech hubs. “Our leaders…

Topics: Economic Development, Featured
Economic Development, North Carolina

U.S. Transportation Secretary Elaine L. Chao Announces $1.4 Million in Infrastructure Grants to One Airport in North Carolina

by GroundBreak Carolinas on July 10, 2019

U.S. Department of Transportation Secretary Elaine L. Chao today announced that theFederal Aviation Administration(FAA) will award $477 million in airport infrastructure grants, the third allotment of the total $3.18 billion inAirport Improvement Program(AIP) funding for airports across the United States. This significant investment in airport improvements in North Carolina will fund construction and rehabilitation projects…

Topics: Projects, Transportation / Ports
Airports, North Carolina

Site Selection Ranks North Carolina #2 for Business Climate

by North Carolina Economic Development Partnership on November 23, 2018

For the fourth consecutive year, North Carolina ranks as the No. 2 state to do business, according to Site Selection magazine. North Carolina scored a total of 99 points across all categories in the 2018 Top State Business Climate Rankings, just two points behind top-ranked Georgia with 101 points. Rounding out the top five spots in…

Topics: Economic Development
Economic Development, North Carolina, Site Selection

BB&T Reinforces Commitment to Eastern North Carolina

by GroundBreak Carolinas News Editor on September 3, 2018

BB&T Corporation (NYSE : BBT ) announced it will build an approximately 95,000-square-foot office facility on Pine Street in downtown Wilson, N.C. The new $35 million building will accommodate 650 BB&T associates who are currently working in the twin buildings at 223 West Nash St. or elsewhere in Wilson. BB&T expects to begin site work on…

Topics: Banking, Business, Projects, Retail / Shopping Centers
BB&T, North Carolina

NC Economic Developers Statewide to Convene on 5 Building Blocks of Rural Prosperity

by North Carolina Economic Development Partnership on June 29, 2018

The Economic Development Partnership of North Carolina (EDPNC) has invited local economic developers from every county in the state to an event examining five building blocks necessary for rural communities to capitalize on the state’s economic momentum. “Energizing Rural North Carolina: The Building Blocks of Successful Economic Development,” to be held July 12-13 at The…

Topics: Economic Development
Economic Development, North Carolina

North Carolina Takes Home the Gold for Economic Development Success

by Economic Development Partnership of North Carolinas on June 10, 2018

North Carolina has received Area Development magazine’s 2018 Gold Shovel Award, recognizing the state’s top-tier success in winning high-impact economic development projects in 2017. North Carolina, which in 2017 had one of its best years for job recruitment in over a decade, is one of only five states to receive a 2018 Gold Shovel Award….

Topics: Economic Development
Economic Development, North Carolina

NC Remains Among Top 5 States for Attracting New and Growing Corporate Facilities

by GroundBreak Carolinas Staff on March 6, 2018

North Carolina remains among the top-five finishers in Site Selection magazine’s annual ranking of states attracting the most new and expanded corporate facilities. North Carolina had 274 qualifying projects announced in 2017, according to the magazine’s latest Governor’s Cup ranking. At No. 5, North Carolina trailed only Texas, Ohio, Illinois and Georgia. For the three…

Topics: Business, Economic Development
Governor's Cup, North Carolina, Site Selection

North Carolina’s I-285 Gets Federal Approval as the Next New Interstate

by GroundBreak Carolinas Staff on February 15, 2018

North Carolina is getting a new interstate, Governor Roy Cooper announced Thursday. The Federal Highway Administration has approved Interstate 285 for the 23-mile stretch of U.S. 52 between I-40 in Winston-Salem and I-85 in Lexington. “This new interstate is great news for the Triad region and all of North Carolina,” Gov. Cooper said. “Interstates serve…

Topics: Roads, Bridges and Highways
Interstate 285, North Carolina

NC Governor Launches Initiative to Support Economic Prosperity in Rural Communities

by GroundBreak Carolinas Staff on February 2, 2018

North Carolina Gov. Roy Cooper has launched a new initiative, dubbed Hometown Strong, that focuses on partnering with local leaders to stimulate economies in rural communities and help businesses thrive in those areas. “Small communities like the one I grew up in have a special character and so much to offer,” Cooper said. “They deserve…

Topics: Economic Development
North Carolina

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What We’re Reading

  • On the Move: Abigail Kingsmore
    Source: Upstate Business Journal Published on July 1, 2022
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    Source: Upstate Business Journal Published on July 1, 2022
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    Source: Business North Carolina Published on July 1, 2022
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