The North Carolina Department of Commerce’s Economic Investment Committee (NCEIC) ended yet another Job Development Investment Grant (JDIG) on Tuesday after a Durham firm said it couldn’t create the 878 jobs promised under the agreement.
State officials have terminated three more incentive packages worth millions of dollars that would have created almost 1,000 new jobs.
Gov. Roy Cooper’s announcement on Tuesday that Siemens Energy, Inc. will be adding an additional 559 jobs to the over 3,500 positions it already has in North Carolina made headlines across the state.
North Carolina Department of Commerce’s Economic Investment Committee (NCEIC) officials terminated yet another incentives package Tuesday with a Raleigh-based communications software company after the company said it couldn’t follow through with the required hiring goals.
Allstate's failure to produce new jobs in Charlotte offers more than just bad news.
One of the nation’s oldest and largest insurance companies had its incentives package terminated by the North Carolina Economic Investment Committee Tuesday for failing to add thousands of jobs to its operations center in Charlotte.
If the bad reviews weren’t enough, now comes word of VinFast’s recall of all 999 vehicles sent to the U.S. due to safety concerns. The Vietnamese-based electric vehicle maker wants to build a $4 billion EV production plant in Chatham County.
Safety, quality, and monetary concerns are being raised about a Vietnamese electric vehicle maker that has its sights set on building a $4 billion EV production plant in Chatham County.
Van Anh Nguyen, VinFast’s U.S. Manufacturing CEO met with Democrat Gov. Roy Cooper, state and local officials, and representatives from Central Carolina Community College last week to announce the partnership between the college and the Vietnamese electric vehicle manufacturer.
North Carolina’s state pension system was a victim of the recent collapse of two large Silicon Valley, California banks, with the loss of millions in stock at both banks.
Two companies had their incentives packages terminated Tuesday by the North Carolina
