Posts tagged “Economic development”
North Carolina employers will add 105,000 jobs this year, with most of those coming in the Triangle and other metro areas, and the state's unemployment rate will drop to 5.5 percent, says N.C. State economist Dr. Michael Walden in a new analysis.
Editor's note: Software firm Avalara formerly dedicated its new office in Durham on Monday, having already hired some 100 people in the Triangle. The Seattle-based company picked Durham over several other locations for its expansion. In an open letter to the community, Avalara's CEO introduces himself and the company.
Bayer CropScience continued to dazzle observers at its North American and global Seeds headquarters on Tuesday with a grand opening of a $33 million office renovation project while also breaking adjacent ground for a $34 million research greenhouse.
MetLife played host to dignitaries and the media at its new campus in Cary, unveiling two buildings covering 427,000 square feet where some 1,000 people have already been hired. The campus, which covers 26.5 acres, overlooks Lake Crabtree.
So will North Carolina gain anew venture capital fund? Will the budget of the North Carolina Biotechnology Center be slashed to zero? Will crowdfunding ever pass? What will happen in terms of economic incentives? Bottom line: Who will fight for what to get passage?
WTW is expanding its weekly calendar. Why? Because more people than ever are looking for information and organizers are submitting an ever-increasing number of events. So be sure to check each Monday for the latest event update. Our latest update features two upcoming events from the North Carolina Technology Association.
The budget from the North Carolina Senate zeroes-out funding for the North Carolina Biotechnology Center. And the Republican leader says it's time for the hub of the state's growing biotech and life science cluster to "live on it's own." The Biotech Center CEO warns it can't. Now it's up to the House to save funding in final budget negotiations.
Proto Labs says it will invest more than $25 million and add 170 jobs at its facility in Cary over the next five years. The high-tech firm receives $150,000 in a state grant along with a local match.
Biotech Center CEO on budget cut: 'We don't want life sciences to go the way of textiles, tobacco and furniture ...'
The proposed N.C. Senate budget calls for a zeroing-out of all financial support for the North Carolina Biotechnology Center. That wipe out would have a big impact on the state's life science industry, warns Biotech Center CEO Doug Edgeton.
North Carolina's Biotechnology Center budget would be zeroed out - a slash of $13.6 million - under a proposed budget plan released by the N.C. Senate. The Biotech Center is scrambling to recover, noting that the House budget includes funding. Just two years ago, the Center, which helps fund startups and research all over the state and is a key factor to N.C.'s growing life science industry, was funded at $17.2 million.
Red Hat CEO JIm Whitehurst and his wife Lauren have made a crucial donation to SoarTriangle, an organization donated to help female entrepreneurs secure funding for startup ventures. Mrs. Whitehurst also is involved with the group as a principal.
North Carolina's Biotechnology Center and its partners are showcasing North Carolina at this week's international BIO convention in Philadelphia. As part of that effort, the Biotech Center is publishing a series of articles over the next few days focusing on what's happening in the Tar Heel state. Today's feature is an overview.
WTW is expanding its weekly calendar. Why? Because more people than ever are looking for information and organizers are submitting an ever-increasing number of events. So be sure to check each Monday for the latest event update. Our latest update features an upcoming job fair in Charlotte - and much more.