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Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla, III and the Economic Development Partnership of North Carolina (EDPNC) announced today that Direct Pack, Inc. will locate a new East Coast facility in Richmond County, creating 94 jobs over the next five years
Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina announced today that U-Play Corporation will establish a manufacturing plant in Wayne County, where it will create 88 new jobs during the next four years
Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) announced today that Dynamic Air Engineering Inc. will establish corporate operations in Catawba County
The success story of North Carolina's economy is in front of a world-wide audience, featured in a multi-page profile headlined North Carolina
North Carolina should abandon economic development policy and completely refocus on economic growth
North Carolina should abandon what it has been referring to for years as economic development policy and completely refocus its efforts in the area of economic policy on economic growth
Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of N.C. announced today that Porter's Group LLC will expand its North Carolina presence with a new facility in Cleveland County
Governor Pat McCrory announced today that North Carolina tourism generated record visitor spending in 2015 with a total of $21.9 billion, a 2.7 percent increase over 2014 which outpaced the national average for growth last year of only 2.1 percent
Since 2013, North Carolina has the #1 fastest growing economy in the nation, according to the latest data released by the U.S. Department of Commerce Bureau of Economic Analysis
Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of N.C. announced today that Coty, Inc., a global leader in beauty products, will expand its manufacturing facility in Lee County and is planning to hire an additional 25 employees. Coty...
Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) announced today that BSH Home Appliances Corporation plans to create 460 new jobs in Craven County.
North Carolina's largest cities dealt with nearly 240 economic development contracts and promised $65 million in incentives from 2009 to 2014
Many times we hear about the state of North Carolina entering into agreements with corporations to promote economic development, but did you know that local municipalities do the same?
Increasingly, city officials have been using municipal-level resources to participate in economic development activities. These efforts have replicated approaches utilized by state and federal officials, albeit on a smaller scale. This study surveys North Carolina's most populous cities and...
Governor Pat McCrory met this afternoon with local government and economic development leaders in Eden to discuss the announced closing of the MillerCoors plant there.
Remember the old tale about a drunken man crawling around under a lamppost? Dating at least as far back as 1924, the joke starts off with a police officer approaching the drunk to ask what he's looking for. In earlier versions of the joke, it's a dollar bill. In later versions, it's a set of car...
North Carolina lawmakers still cannot agree to a final budget. The Senate saw difficulty in compromise, so they decided to move their economic development and Medicaid reform plans out of the budget and into stand-alone bills. Unfortunately, even with this change, the two chambers were unable to...
The UNC Board of Governors voted April 10 to approve East Carolina University's request to designate four parcels of property it owns as a millennial campus-sites where the university can collaborate with private companies to commercialize research discoveries and offer advanced training to...
Everyone is talking about the $22 billion+ House Budget and what will happen to the spending plan now that it has crossed chambers and is in the hands of the Senate. Senate leaders will be meeting all this week to start their preparations before it is debated in sub-committees. We should expect a...
The General Fund budget proposal released Monday by GOP state House leaders for the two-year budget cycle starting July 1 would increase spending by nearly $1 billion more than the increase recommended in March by Gov. Pat McCrory, a fellow Republican.
If leaders of the North Carolina House of Representatives are right that the state needs a 6.3 percent increase in General Fund spending for the coming year, then they were wrong two years ago when they helped craft an historic tax-reform package to boost North Carolina's economic competitiveness.
Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that Packrite, LLC will expand its operations in Guilford County and create 100 new jobs over the next five years. The company plans to invest $8.9 million in...
Earlier this month, the NC House introduced the "NC Competes Act," a bill that would expand the state's Job Development Investment Grant program (JDIG), and extend targeted tax breaks for datacenters and a major passenger airline. Yesterday, the Senate introduced two bills designed as an...
Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that Global Packaging will expand its facility in Richmond County.
Governor Pat McCrory will testify before the U.S. House Committee on Transportation and Infrastructure hearing entitled "Surface Transportation Reauthorization Bill: Laying the Foundation for U.S. Economic Growth and Job Creation Part II" on Tuesday. In his capacity as a member of the Executive...
This budget provides $99 million and $107 million respectively in each year of the biennium to support commitments made under NC Competes, programs focused on the recruitment and retention of quality jobs and large-scale capital investment.
Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that Pactiv, LLC will be expanding its operations in Lenoir County. The company will create 59 new jobs and invest more than $24 million in Kinston over the next...
The N.C. House of Representatives has approved a proposal to amend the state constitution by adding the following language: Private property shall not be taken by eminent domain except for a public use. Just compensation shall be paid and shall be determined by a jury at the request of either party.
Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that Ecolab Inc. will expand its Kay Chemical Company operations in Greensboro and create 45 new jobs over the next three years. The company plans to build a new...
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker, along with the Economic Development Partnership of N.C., announced today that 89 new jobs will be coming to Wake County over the next three years. Overland Contracting Inc. will open its headquarters in Garner with an $8.4 million...
Imagine with me for a moment what would happen if Gov. Pat McCrory's office and state legislative leaders released the following joint statement regarding a special session to address economic development in North Carolina
Governor Pat McCrory signed Senate Bill 3 into law today at the Governor's Western Residence in Asheville. The bill modifies the Job Maintenance and Capital Development (JMAC) Fund.
Jobs remain the most important issue facing North Carolina. Our government does not create jobs; however, it creates the environment in which job creators flourish.
After November 2012, when Pat McCrory was elected North Carolina's first Republican governor since 1992 and voters reelected a GOP majority in both legislative chambers for the first time since the 1860s, displaced Democrats, liberal editorialists, and left-wing activists began pursuing a...
The State of North Carolina, at last count, confiscated $84.2 million from taxpayers in the state (individuals and businesses) and gave it to movie production companies to entice them to make their movies in North Carolina, rather than Hollywood or somewhere else.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Elkamet Inc. is expanding its North Carolina manufacturing operations in Henderson County. The company plans to create 20 new jobs and invest more than $2.5 million over the next three years in East Flat Rock.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that XO.STEEL, LLC is locating its North Carolina manufacturing operations in McDowell County. The company plans to create 30 new jobs and invest $350,000 over the next three years in Old Fort.
Local governments should focus on using existing revenues more efficiently, monitoring the effectiveness of school funding, and simplifying rules for land use and zoning. Those are three key recommendations in the John Locke Foundation's new City and County Issue Guide 2014.
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