economic development

This tag is associated with 36 posts
Carolina Coops

Carolina Coops to create 147 new jobs in Granville County

May 5. Carolina Coops, a custom chicken coop manufacturer, will invest $2.1 million in a new production facility in Granville County, creating 147 new jobs over three years, and up to 500 by 2026. Founded in Durham in 2009, Carolina Coops is a family-owned producer of superior, walk-in chicken coops and related accessories. Carolina Coops […]

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New window/door plant opening in Statesville

May 4. Charlotte-based window and door manufacturer JELD-WEN Holding will invest $7.9 million in a new production facility in Statesville. Its VPI Quality Windows brand will bring 235 new jobs to Iredell County. The average annual salary for the new VPI new positions is $51,648 with a potential payroll impact of more than $12.1 million […]

Photo credit: Apple

Apple announcement highlights NC business climate

April 27. By Dave Yochum. With Apple announcing a $1 billion investment in North Carolina that includes a new campus and engineering hub in the Research Triangle, it’s no wonder that three of the Top 10 US cities in which to start a business are located in North Carolina. WalletHub used 21 key metrics, ranging […]

Invitae will invest $114.6 in new plant

April 20. Invitae Corp. will build a major testing and laboratory facility in Wake County, creating 374 jobs and investing $114.6 million in Morrisville over the next decade. The San Francisco-based medical genetics company is expected to initially ramp up capacity to volume levels similar to Invitae’s flagship facility, with additional growth projected in future […]

Swedish manufacturer announces expansion

April 14. A Swedish manufacturer of plastic compounds is investing nearly $12 million in a new plant in Gastonia, creating 22 new jobs. New positions at Polykemi AB include operations, maintenance, finance and managerial personnel. The average annual salary is $59,132, compared to Gaston County’s average annual wage of $42,018. Polykemi provides custom plastic compounds […]


The Power to Make a Difference

GUEST COLUMN. April 8. By Bill Russell. Spring is in the air, the azaleas are in full bloom and business is back at the lake! While we must continue to be diligent and cautious as we return to our favorite activities, consumers are again taking to their favorite retail stores and restaurants are seeing a […]

Consulting firm expands brokerage division with new VP

March 31. Daniel Bellot will head the newly expanded brokerage division at Rose Associates in Davidson. The firm, which provides real estate, land use and economic development advisory services for public and private sector clients, is focusing on building a local experienced team who best understands local market dynamics, particularly regarding land acquisition and entitlements. […]


Huntersville project expected to jump-start downtown revitalization

Feb. 18. A mixed-use project with retail, high-end apartments and modern townhomes that will be built by Cornelius-based North State Development will be the largest private development/investment in downtown in a quarter century, according to Mayor John Aneralla. The 10-acre site is next to Discovery Place Kids. The full build-out value of the project is […]

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Businesses, high school students network via Zoom

Feb. 13. Lake Norman Economic Development in conjunction with the Lake Norman Education Collaborative held a virtual speed networking event for Hopewell, Hough and North Mecklenburg high schools. The event gives high school students a chance to learn about a variety of jobs and industries, according to Huntersville Mayor Pro-Tem Melinda Bales. “Being that this […]

Major eco-devo announcement from Gilead

Feb. 9. Gilead Sciences, a leading biopharmaceutical company, will invest $5 million in a new business services and information technology hub in Wake County. The company will create 275 jobs in the Research Triangle region. “We are eager to welcome many of the highly talented, highly skilled people who live in the Research Triangle region […]