November 30, 2015

Lower Taxes for Business on Tap as Governor McCrory Announces $1 Billion Reserve in Unemployment Trust Fund

After paying off a $2.8 billion debt to the federal government in May 2015, Governor Pat McCrory and Commerce’s Division of Employment Security announced November 12 that the unemployment trust fund reserve has reached $1 billion. This is the first time the trust fund has exceeded $1 billion since May 2001. By reaching this mark, […]

Vance County Board of Commissioners Special Called Meeting November 23rd, 2015

Chairman Archie B. Taylor, Jr. has called a special meeting of the Board of Commissioners for Monday, November 23, 2015 at 3:30 p.m. in the commissioners’ conference room.  The purpose of the meeting is to enter into closed session to discuss legal matters related to Semprius.

Governor McCrory Sets Bold Workforce Training Goal at NCWorks Leadership Summit

Governor Pat McCrory attended the NCWorks Education and Workforce Leadership Summit in Greensboro October 28th and challenged education, business and workforce development partners to meet a new educational attainment goal. Governor McCrory invited the NCWorks Commission, NC Business Committee for Education, Economic Development Partnership of NC, NC Independent Colleges, State Board of Community Colleges, State […]

North Carolina Stands Tall in Two National Rankings

North Carolina ranks high in two newly released measures of business and economic performance. Site Selection magazine named North Carolina one of the best business climates in the United States in its 2015 Business Climate list, a closely-watched ranking of economic development success. The state placed second in the magazine’s review. Last year, North Carolina […]

Chamber Ribbon Cutting – Smokeless Emporium

A ribbon cutting was held on Thursday, October 29th at 10 AM for Smokeless Emporium to celebrate the company’s membership with the Chamber and to showcase the business and all that it has to offer.  Smokeless Emporium is an eCig and Vape store, offering a safer alternative to traditional cigarettes. They are here to change […]

North Carolina Rural Infrastructure Authority Approves Nearly $4 Million in Funding

The North Carolina Rural Infrastructure Authority (RIA) approved 14 grants or loans on October 22, totaling $3,828,262. The requests include commitments to create a total of 272 new jobs. Community Development Block Grant (CDBG)/loan approved: Town of Denton (Davidson County): A $400,000 loan to support the reuse of a vacant building that will house Lionshead […]

Fidelity Investments Expansion to Create 600 Jobs in Durham County

Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) announced today (Oct. 27) that Fidelity Investments® will add 600 jobs during three years and invest a minimum of $8 million across its Triangle facilities, including its Durham County campus. “Fidelity investments is an innovative […]

N.C. Main Street Center Conducts Training

27 new Main Street directors, Small Town Main Street coordinators and downtown development volunteers from throughout the state attended a training conference conducted by the North Carolina Main Street Center, held September 29 through October 2, 2015 The Main Street Basic Training sessions were held in Wake Forest. Since the inception of the program in […]

VGCC Small Business Summit & Expo – October 20th, 2015

The upcoming 4th Annual Small Business Summit & Expo presented by CenturyLink will be held on Tuesday, October 20, 2015 beginning at 11:30 AM at the Warren County Armory Civic Center.  This year’s theme is Weaving The Fabric of a Thriving Economy.  The event is free to the first 50 who register. Includes your lunch! […]

Novant Health Franklin Medical Center to close

LOUISBURG, NC – Oct. 7, 2015 – Novant Health Franklin Medical Center announced today that it will cease operations Oct. 16, 2015, following several years of declining utilization. Hospital leaders have notified the state and are working closely with patients on an individual basis to coordinate ongoing care. Hospital employees will have access to outplacement […]