JDIG

Amgen breaks ground on Holly Springs expansion

Biotechnology company Amgen broke ground on its $1 billion Holly Springs manufacturing facility on Friday. The Wake County expansion is both a recipient of county incentives and a state Job Development Investment Grant (JDIG) supported by taxpayer funds. “We thought long and hard about where to build this plant,” said Bob Bradway, Amgen CEO, during the groundbreaking....

JDIG grants worth $7.1 million terminated for failure to reach hiring targets

Two Job Development Investment Grant (JDIG) grants worth $7.1 million combined were rescinded Tuesday by the North Carolina Economic Investment Committee (NCEIC) after two companies failed to create the required number of jobs.

Amgen announces $1 billion expansion in North Carolina

Amgen, a biotechnology company, announced last week that it will invest $1 billion in expanding its manufacturing facility in Wake County’s Holly Springs. This project is a recipient of taxpayer-funded county incentives and a state Job Development Investment Grant (JDIG). “North Carolina’s reputation as one of the world’s leading centers for biotechnology soars even higher with...

Wolfspeed Board of Directors parts ways with CEO

There will be a change in leadership for Durham-based chip maker Wolfspeed, which has recently seen a 20% reduction in its workforce.

Wolfspeed laying off 20% of its workforce, with the most in Durham

Durham-based company Wolfspeed announced Wednesday that it is reducing its workforce by 20%, with most of the layoffs coming from its Durham location.

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Wolfspeed gets federal funding for EV chips

Biden administration signs initial agreement for $750 million in funding to support manufacturing plant for EV chips.

Opinion

An interstate compact to end the ribbon-cutting ruse of corporate welfare

Local and statewide candidates interested in making NC the freest, most prosperous state in the Union would do well to examine bold solutions like this compact.

Jeff Moore

More JDIG grants awarded as Cooper wraps tenure

Under the JDIG agreement, a potential of up to more than $11 million in taxpayer money would go to the two companies over a 12-year period.

Apple delays construction on $552 million RTP campus

Apple Inc. has suspended plans to build a $552 million corporate campus in Research Triangle Park.

RTP Biotech company granted $15 million JDIG agreement

FUJIFILM Diosynth Biotechnologies, a division of Japanese parent company Fujifilm Corp, plans to expand its job force at its Holly Springs location with an additional 680 jobs and a $1.2 billion investment as part of a $15 million Job Development Investment Grant (JDIG) awarded by the North Carolina Department of Commerce’s Economic Investment Committee (NCEIC).

Another JDIG grant bites the dust as Durham company pulls out of agreement

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.