North Carolina’s record-setting year for economic development projects – including VinFast, Boom Supersonic and Wolfspeed – has earned the state another award: The “Platinum Shovel” honor from Area Development magazine.
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North Carolina is the winner of Site Selection magazine’s top honor for economic development, stretching its streak to three straight years as recipient of the Prosperity Cup. Here are the details.
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Toyota’s decision to build a huge $1.3 billion battery plant in the Triad was already one of the state’s biggest economic deal to date. But now that the carmaker is nearly doubling it’s North Carolina investment and adding more than 350 jobs also means a bigger package of state tax incentives.
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North Carolina’s unemployment rate remains low at 3.4% despite growing concerns about a possible recession and some layoffs being reported across the state. And companies keep hiring.
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A new initiative led by the North Carolina Department of Commerce that aims to boost rural economic development in the state launched today.
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North Carolina’s tourism industry is recovering, a new report conducted on behalf of Visit North Carolina found. 45 million tourists spent nearly $29B in 2021.
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New data from the Department of Commerce shows the unemployment rate fell in all 15 metro areas since last year. But biggest gains were in rural counties.
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More than 200 new jobs are coming to Sanford after the North Carolina Economic Investment Committee approved state tax incentives for Service Office Solutions to build a new facility in Lee County.
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If you’re looking for work, NCWorks is a good place to start. Public sector positions are available, and several companies in the private sector continue to advertise for help, this site reports.
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