RALEIGH – Gov. Bev Perdue announced that Culp Inc., a manufacturer of mattress and upholstery fabrics, will expand its operations in Guilford County. The company plans to create 129 jobs and invest $450,000 over the next four years in Stokesdale. Culp expects the total investment could exceed $900,000 by the end of the project. The project was made possible in part by a $82,560 grant from the One North Carolina Fund. “My top priority is creating jobs,” said Gov. Perdue. …
Category: Business
Visitor spending rises in all N.C. counties in 2011
State Spending by Domestic Visitors Jumps to Record $18 Billion RALEIGH — Gov. Bev Perdue announced today that all of the state’s 100 counties saw increases in visitor spending in 2011, including seven counties that had double-digit increases. Data from the North Carolina Department of Commerce’s Division of Tourism, Film and Sports Development showed that three counties (Mecklenburg, Wake and Guilford) had more than $1 billion in visitor spending in 2011 while Dare, Buncombe, Forsyth and Durham all had more …
Automotive Component Manufacturer Chooses Scotland County N.C. for Expansion
RALEIGH – Gov. Bev Perdue today announced that FCC (North Carolina), LLC, a manufacturer of automotive components, will expand its operations in Scotland County. The company plans to create 66 jobs and invest more than $57 million over the next three years in Laurinburg. The project was made possible in part by a $264,000 grant from the One North Carolina Fund. “My top priority is creating jobs,” said Gov. Perdue. “Manufacturers know our job training programs are world-class and that …
NetApp to Build on Success in RTP with New Facility and Expansion
RALEIGH—Gov. Bev Perdue announced Monday that NetApp, one of the largest providers of innovative storage and data management solutions, will expand its Wake County operations. The company plans to create 460 new jobs over four years and invest more than $75 million into a new R & D facility in Research Triangle Park. The project was made possible in part by a state grant from the Job Development Investment Grant. “Creating jobs is what motivates me every day,” said Gov. …
State & Federal Grants Workshop
Congressman G. K. Butterfield presents State & Federal Grants Workshop Thursday, August 9, 2012 8:15 a.m. – 1:30 p.m. The Grants Workshop will include: Information on funding opportunities available to small businesses and non-profit organizations; Representatives from federal, state, and private agencies; and Panel discussions, how-to exercises, and customized break-out sessions. You don’t want to miss this! East Carolina Heart Institute 1115 Heart Drive Greenville, NC 27834 To register, call (252) 538-4123 or visit: www.butterfield.house.gov
Biofuels Center of North Carolina in Oxford Awards Grants
Farmers, area restaurants and energy-conscious drivers could benefit from a pilot program to develop homegrown biofuels in the mountains. Blue Ridge Biofuels, AdvantageWest, Biltmore Estate and other partners have been awarded a $130,000 grant from the Biofuels Center of North Carolina in Oxford, NC for a yearlong study of the F3 or “Field to Fryer to Fuel” program. Blue Ridge Biofuels will produce edible oils from regionally grown oil seeds, sell these oils to restaurant partners for their frying needs …
Restaurant associations sue U.S. Dept. of Labor over tip pools
Restaurant industry trade associations have filed a lawsuit against the U.S. Department of Labor (DOL) on behalf of restaurants and restaurant employees who share in tips and participate in tip pools. The lawsuit was brought by the Oregon Restaurant and Lodging Association, the Washington Restaurant Association, the Alaska CHARR and the National Restaurant Association, along with a Portland, Oregon restaurant and an employee of that restaurant. The lawsuit, filed in the United States District Court in Portland, asks the court …
Charlotte and Durham N.C. venues among Pollstar’s top-selling theaters
Concert industry magazine Pollstar has released its list of the Top 100 ticket-selling theaters in the world for Jan. 1- June 30, and three sites are in North Carolina. Coming in at No. 2 in the world is Durham Performing Arts Center, whose tickets sold rank behind only Mexico City’s Auditorio Nacional. That makes DPAC No. 1 in the United States, ahead of fabled venues including Los Angeles’ Nokia Theatre (No. 3 worldwide), Atlanta’s Fox Theatre (No. 5) and New …
Ducky Derby September 29th 2012, Now Seeking Business Sponsorships
The FGV Partnership will hold its 3rd annual Ducky Derby fundraiser in downtown Henderson on September 29th. At 2 o’clock, Garnett Street will be filled with a river of rubber ducks and a fun time for everyone. Tickets will be sold as the community adopts a duck to win the Grand Prize-$1,000, 2nd Prize–$500, 3rd Prize- $250, and even the last duck wins a $100 prize! FGV Smart Start needs sponsors to assist with the cost of our event. Sponsorship …
North Carolina Among Strongest States in Country for Fiscal Stability
The State of North Carolina earned a triple-A credit rating from Standard & Poor’s (S&P) for 2012. And while this is good news, for North Carolina it is simply business as usual. North Carolina is one of only four states in the U.S. that has maintained a triple-A credit rating from S&P for at least 46 consecutive years. Stateline, a publication of The Pew Center of the States, recently published an overview of S&P state credit ratings from 2001 through …
Labor Force, Incentives & Lifestyle Bring Valley Fine Foods Expansion Project to N.C.
RALEIGH—Gov. Bev Perdue announced Friday that Valley Fine Foods, a consumer food manufacturer of high quality international foods, will open its new East Coast manufacturing operations in Forest City. The company plans to create at least 305 jobs over the next three years. The project was made possible in part by a state Job Development Investment Grant. “North Carolina continues to be a top choice for companies looking to expand or relocate operations,” said Gov. Perdue. “North Carolina is a …
Workforce, Low Costs and Market Access Keep Beverage Company Growing in North Carolina
RALEIGH, NC — Pepsi Bottling Ventures has chosen to expand its bottling operations in Winston-Salem. The new facility will be located in Union Cross Business Park at 390 Business Park Drive. Pepsi will invest nearly $82 million in facility up-fit, machinery and equipment. The new facility will allow Pepsi to retain more than 300 current jobs and consolidate additional jobs within one facility. The new facility will streamline operations and allow for vertical integration of production as well. Pepsi began …
Carroll presents dual Certified Sites certificates in Vance County
On July 9 N.C. Department of Commerce Deputy Secretary and COO Dale Carroll officially presented Certified Sites certificates for both the Triangle North-Vance Commerce Park and the Henderson-Vance Industrial Park to local officials. Carroll made the presentations to the Henderson-Vance Economic Development Commission before the Vance County Board of Commissioners and then later before the Henderson City Council. The ceremonies were unique in that two different industrial sites were certified under this rigorous statewide program in the same county at …
Report: Interior activities contributed $2.86B to N.C. economy, supported more than 24,000 jobs
Department of the Interior activities contributed $2.86 billion to Carolina’s economy in 2011 and supported 24,221 jobs in fields ranging from energy and mineral development to tourism and outdoor recreation, according to a new report released July 10. Nationwide, the activities of the Department of the Interior contributed $385 billion to the U.S. economy and supported more than 2 million jobs in 2011. “The Interior Department has a uniquely diverse mission that benefits the American people by promoting tourism, outdoor …
NC Ranked fourth Best State for Business
Governor Bev Perdue on July 10 announced that North Carolina ranked number four in CNBC’s annual survey of America’s Top States for Business. According to CNBC’s report, North Carolina continued to perform well in the Workforce category, placing third. In addition, the report says that North Carolina ranked high in Technology and Transportation. North Carolina has finished in the top 10 in all six years of CNBC’s business rankings. In its rankings, CNBC scored the states on more than 51 …
Area Development honors N.C. with Silver Shovel economic development award
After receiving the accolade in 2009 and 2011, North Carolina was again recognized with Area Development‘s 2012 Silver Shovel award. The economic development resource highlighted the state’s manufacturing industry, noting the impact it will have on expected economic growth in 2012. Twenty percent of the state’s annual GDP is generated through manufacturing, which crosses a diverse set of industries in North Carolina, including aerospace, automotive, biotechnology, green energy and heavy equipment. In addition, the state was also recognized for its …
Perdue announces 131 new jobs with GKN Driveline
Governor Bev Perdue announced on June 15 that GKN Driveline, a major manufacturer of automotive driveline components, will expand its presence in Person County. The company plans to create 131 jobs over the next five years and invest $24.1 million. The project was made possible in part by state grants from the Job Development Investment Grant and the One North Carolina Fund award. The N.C. Department of Commerce’s Bernard Torain was the developer on this project. GKN Driveline is a …
United Technologies to create 325 new jobs in Charlotte
Governor Bev Perdue announced on June 13 that United Technologies Corporation, a global leader in the research, development and manufacture of high-technology products, will expand its presence in Charlotte. The company plans to create 325 UTC jobs over the next five years and invest at least $4 million. The project was made possible in part by state grants from the Job Development Investment Grant and the One North Carolina Fund award. The N.C. Department of Commerce’s Rod Forsythe was the …
New partnership to advance biomanufacturing industry in Europe and U.S.
To foster the continued success of the biomanufacturing industry, N.C. State University’s Golden LEAF Biomanufacturing Training and Education Center and Strasbourg University’s European Aseptic and Sterile Environment Training Center, developed with Alsace Biovalley, have joined forces to create BTEC International. This new organization will provide biomanufacturing training, education and process services in the U.S. and Europe. Plans call for the enterprise to become a knowledge hub of regulatory affairs expertise pertaining to both the U.S Food and Drug Administration and …
GKN Driveline to strengthen customer base by investing in North Carolina
RALEIGH—Gov. Bev Perdue announced today that GKN Driveline, a major manufacturer of automotive driveline components, will expand its presence in Person County. The company plans to create 131 jobs over the next five years and invest $24.1 million. The project was made possible in part by state grants from the Job Development Investment Grant and the One North Carolina Fund award. GKN Driveline media image. “Creating jobs is my No. 1 priority,” Gov. Perdue said. “One of the best ways …