economic development

This tag is associated with 45 posts

Davidson has $15K available for small businesses via Main Street grants

Sept. 1. The Town of Davidson is offering Main Street Business Grants for the eighth year with a total of $15,000 available to small businesses. The goal is to provide direct financial benefit to small businesses, retain and create jobs in association with small businesses, and to spur private investment in association with small businesses. […]


On the upswing: Golf worth $4.2 billion to NC

Aug. 31. By Dave Yochum. Gov. Roy Cooper has declared Tuesday, Aug. 31 “North Carolina Golf Day” in honor of golf’s role in the economy, health, environmental stewardship and tourism of North Carolina. The 2022 Presidents Cup and the 2025 PGA Championship to be held at the Quail Hollow Club. On the upswing Del Ratcliffe, […]

NC production stills

NC film production valued in excess of $400 million this year

Aug. 19. Movie production in North Carolina is on track to exceed a boffo $400 million in 2021, the largest tally since the creation of the North Carolina Film and Entertainment Grant in 2014. All told, the film industry has brought more than 25,000 job opportunities to the state. North Carolina provides a “beautiful stage […]

Nature’s Value moving HQ, manufacturing to Winston-Salem

Aug. 11. Nature’s Value Inc., a contract vitamin and dietary supplements manufacturer, will move its headquarters to the Winson-Salem area and build a manufacturing plant. The total investment is nearly $20 million. Fifty-two jobs will be moved to the new location from an existing plant in Lexington. The company, which was based in Coram, NY, […]

Red Bull, Rauch partnering on 2 million square foot plant in Concord

July 13. Red Bull and filling company Rauch will partner to build a new beverage manufacturing, filling and distribution center in Cabarrus County, creating more than 400 new jobs. The two companies will invest more than $740 million in Concord by 2027. The companies will develop a state-of-the-art campus for beverage manufacturing, can filling and […]

solar energy chart

Clean energy industry brought $40B to NC since 2007

June 24. An economic impact study done by RTI International says the business of clean energy brought $40 billion to North Carolina over the last 14 years. Renewable energy project investment in 2020 totaled $1.6 billion—more than 60 times the $26.2 million invested in 2007, according to RTI, which is based in Research Triangle Park. […]

Knoll America will bring US HQ, 31 new jobs to Gaston County

June 16. Knoll America, a supplier of conveyor systems, filter systems and metal processing pumps, will bring its US headquarters to Gaston, along with more than two dozen jobs. The company, which will also collaborate with Gaston College to set up apprenticeship programs, will invest more than $7.8 million in the headquarters and manufacturing facility. […]


Gov. Cooper drafts ambitious wind power plan

June 9. By Dave Yochum. Hoping to provide power to 2.3 million homes by 2040, Gov. Roy Cooper this morning announced ambitious new targets for offshore wind energy development as part of a transition to a clean energy economy. “Offshore wind power will help North Carolina create jobs and generate economic development while helping us […]

Johnny Morris: Founder of White River Marine Group. Photo: WRMG

Bass Pro Shops affiliate buying Hatteras Yachts

May 21. A venerable name in offshore boat builders is being acquired by White River Marine Group whose parent company is Bass Pro Shops. White River will invest $34 million to upgrade Hatteras Yacht’s New Bern facility and add 500 new jobs. WRMG plans to establish a state-of-the-art coastal manufacturing center. The announcement was made […]

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 […]