June 13. JetZero, a breakthrough aviation company, will invest more than $4.7 billion in Greensboro to build its first commercial airplane manufacturing facility at the Piedmont Triad International Airport. The project will create more than 14,560 jobs for Guilford County by 2063, the largest economic development project in North Carolina history based on job commitment. […]
June 10. These businesses have registered with the North Carolina Secretary of State. 3/17/25 Alexen Dream Store LLC, Aleksandra Nechukhranaia, 8715 Lindholm Dr. Apt. 2F, Huntersville 3/17/25 KSW Property Holdings LLC, Samuel J. Nassab, 14444 Westgreen Dr., Huntersville 3/17/25 Nails Mango Apple LLC, Quyen Le, 9747 Sam Furr Rd. Ste. A37, Huntersville 3/17/25 Veteran Arms […]
June 9. North Carolina is the sixth-best performer economically speaking according to a 2025’s Best & Worst State Economies. Economic Performance of North Carolina (1=Best; 25=Avg.): Overall Rank: 6th 6th – Change in GDP 17th – Startup Activity 11th – % of Jobs in High-Tech Industries 26th – Annual Median Household Income 12th – Change in Nonfarm Payrolls 24th – Unemployment […]
June 5. Recent home sales in excess of $1 million. $5,363,000 Richard & Sheila Brown to Carl Paparella & Melissa Valenzuela, 18432 Harbor Light Blvd., Cornelius $3,700,000 James Michael & Cynthia Griffin to Don & Linda Weippert, 18201 Town Harbour Rd., Cornelius $3,250,000 Leroy Forrester III to Brian & Katherine Wright, 18922 Balmore Pines Ln., […]
June 5. Amazon will invest $10 billion to launch a new high-tech cloud computing and artificial intelligence (AI) innovation campus in Richmond County, creating at least 500 new high-paying, high-tech jobs. Amazon’s investment is among the largest in state history. Construction alone is expected to support thousands of jobs. Amazon Web Services (AWS) is the […]
June 4. Fifth Third bank will offer free wills to customers through a partnership with Trust & Will, a leading digital estate planning platform. It means Fifth Third customers can access a guided online experience to create a state-specific, attorney-approved will in less than an hour. Fifth Third and Trust & Will are addressing a […]
June 3. These businesses have registered with the North Carolina Secretary of State. 3/17/25 Ballolethe’s food LLC, Ubaldo Cortez Juarez, 310 Depot St., Davidson 3/17/25 JoyEve Realty LLC, Solomon Fleckman, 14214 Sunnyhill Grove Rd., Davidson 3/18/25 Under the Rainbow LLC, Caroline Harmon, 619 Lorimer Rd., Davidson 3/21/25 Atkom Realty LLC, Aravind Reddy Kommidi, 17873 Summers […]
June 2. By Mark Walden. [Commentary] Price inflation was one of the top issues in the 2024 presidential election. People were tired of seeing big price jumps, especially if those increases were more than their income rose. Candidates promised that — if elected — inflation would be reduced. Recently, the latest inflation rate was released. […]
May 28. Two companies are putting down new roots in Mecklenburg County, with 500 jobs combined. Daimler Truck Financial Services USA LLC (DTFS), a finance provider for Daimler Truck North America (DTNA), selected the Ballantyne area for the location of its North American headquarters, creating 276 jobs and investing more than $7 million. Jobs will encompass […]
May 28. Unemployment rates (not seasonally adjusted) decreased in all 100 counties in April 2025. Edgecombe County had the highest unemployment rate at 4.9 percent while Currituck and Camden Counties each had the lowest at 2.7 percent. All fifteen of the state’s metro areas experienced rate decreases. Among the metro areas, Rocky Mount had the […]