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NC sues to reclaim failed VinFast factory site
North Carolina is suing VinFast, the Vietnamese electric vehicle manufacturer for a breach of agreements with the state for a planned EV factory in Moncure, Chatham County.
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VinFast to restart construction on NC site, slashes hiring goals
After being silent for almost two years, electric vehicle maker VinFast said on Monday that it plans to resume construction as early as April on its $4 billion EV manufacturing plant in Chatham County.
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Stein: NC poised for strong growth after record year for jobs, investments
Stein touted future economic growth after record announcements of over 33,000 new positions and nearly $23 billion in overall project investments, in 2025.
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Judge chides Democratic legislative leader for comments about black colleague
A federal court ruling on North Carolina’s Senate redistricting maps has cast a spotlight on testimony from House Minority Leader Robert Reives.
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Stein makes new appointments to state boards and commissions
On Friday, Governor Josh Stein’s office announced a new round of appointments to boards and commissions across North Carolina.
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Questions remain over VinFast plant delay as historic church is demolished
Excitement over the promise of North Carolina’s first vehicle manufacturing plant led to great fanfare at the groundbreaking for Vietnamese electric vehicle maker VinFast’s $4 billion EV manufacturing plant in Triangle Innovation Point, in Moncure, Chatham County, over two years ago.
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Chantal victims can now apply for SBA disaster loans
The Small Business Administration approved a disaster declaration for impacted counties following Tropical Storm Chantal, including Alamance, Caswell, Chatham, Durham, Granville, Orange, Person, and Wake counties.
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Stein declares state of emergency after Chantal hits NC
The executive order, signed Wednesday, July 16, enables government officials to take extra measures to protect the public. The storm swept through the central part of the state early last week, causing historic flooding and damages to several Central NC counties.
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Disney’s housing development approved in Chatham County, drawing both excitement and concern
In June, the Town of Pittsboro's planning department approved a Disney home development project in Chatham County. The preliminary phase of Asteria will include 494 single-family homes, townhomes, and duplexes. Opponents worry that the development will strain local resources.
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Southern Shrimp Alliance opposes shrimp trawling prohibition
Legislation restricting shrimp trawling faces strong opposition.
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Wolfspeed announces bankruptcy plan, giving creditors control
Wolfspeed, a Durham-based semiconductor supplier, announced in a press release on Sunday that it plans to file for Chapter 11 bankruptcy under a restructuring agreement they say will strengthen the company’s financial profile and give creditors control.
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Update: Bankruptcy imminent for Wolfspeed
Semiconductor supplier Wolfspeed is one step closer to filing for bankruptcy. Bloomberg News and Reuters reported Wednesday that creditors will soon take over the Durham-based company.
