Your source for construction industry news in the Carolinas
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…
Chinese tire manufacturing company Triangle Tyre (Triangle) has selected Edgecombe County, North Carolina as the location for its first manufacturing facility in the United States, Governor Roy Cooper announced today. Triangle will create 800 jobs and invest nearly $580 million in Kingsboro, NC. The project is estimated to contribute more than $2.4 billion to North…
North Carolina is now the nation’s top state to do business, according to Forbes’ high-profile Best States for Business ranking. While North Carolina is the only state to appear among the top five states for 12 straight years since the magazine launched the list, this year is the first time the state has occupied the…
Airgas USA, LLC will open a new facility in Alamance County that is expected to create 35 jobs over five years, Governor Roy Cooper announced today. The supplier of industrial, medical and specialty gases will invest approximately $47 million to open an air separation facility in Mebane capable of producing liquid oxygen, nitrogen and argon….
Fresenius Kabi, a German global health care company that specializes in medicines and technologies for infusion, transfusion and clinical nutrition, will expand its manufacturing operations in Wilson, North Carolina, creating 445 new jobs there over five years and investing more than $1oo million. The company, which currently employs more than 100 people in Wilson, will…
North Carolina has been named the No. 2 state to do business by Site Selection magazine for the third straight year. North Carolina scored a total of 94 points across all the criteria in Site Selection’s 2017 Top State Business Climate Rankings, close behind top-ranked Georgia with 98 points. Rounding out the top states were…
Low Cost of Doing Business: North Carolina is the best state with the lowest cost for doing drone business in the United States. It continues to attract bright and capable individuals, emerging innovative companies and new divisions of renowned defense corporations from all over the world. North Carolina also ranks #1 for lowest state and…
North Carolina has risen 14 spots to become the fourth most-attractive state in the nation for aerospace manufacturing, according to an annual study issued by global accounting firm PwC. PwC (formerly PriceWaterhouseCoopers) recently released its 2017 Aerospace Manufacturing Attractiveness Rankings, which help aerospace companies plan for future growth. The study assesses countries and states on…
Japanese automakers Toyota Motor Corp. and Mazda Motor Corp. recently announced plans to invest $1.6 billion to build a U.S. assembly plant. The new investment is reflective of a new alliance between the competitors that focus on small car production and the development of connected-car and safety technology and electric vehicles. While a site has not been…
Global pharmaceutical giant Pfizer is expanding its vaccine-manufacturing plant in Sanford, N.C., creating 40 new jobs there as the company prepares to produce new gene therapies built upon a technology first developed at the University of North Carolina at Chapel Hill. The Lee County expansion’s focus on gene therapy involves a potentially transformational technology for…
