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.
JetZero invests $4.7B in Greensboro for a cutting-edge aerospace facility, creating 14,000 jobs and revolutionizing aviation with sustainable innovation.
Weeks after an announcement that it is preparing to file for Chapter 11 bankruptcy, Durham-based Wolfspeed is laying off 73 workers from its new materials factory in Siler City.
North Carolina’s automotive manufacturing sector—home to more than 300 companies and 37,000 workers—is facing renewed uncertainty as new federal tariffs on steel and aluminum threaten to raise costs.
NC beers typically showed more PFAS compounds than beers from Michigan or California, other states examined in the study.
A British whistleblower has been fired over his alleged claims that VinFast vehicles can fall apart while driving, causing serious injuries or death, as in the case of a family of four from California that were killed earlier this year. The state of North Carolina is spending hundreds of millions of dollars on the car maker's Chatham County manufacturing project.
Lawmakers to vote on budget changes including ICE and opportunity scholarships.
While there appears to be another setback for VinFast after announcing Friday that they plan on delaying the opening of its $4 billion factory in Moncure, Chatham County, until 2028, a county official still has confidence that the project will come to fruition.
Plans to build VinFast’s proposed $4 billion electric vehicle factory in Moncure, Chatham County, remain on hold as the county awaits information on the contractors that will be working on the site.
Apple Inc. has suspended plans to build a $552 million corporate campus in Research Triangle Park.
VinFast is reportedly once again considering delaying the construction of its proposed $4 billion electric vehicle factory in Moncure, Chatham County.
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