News
State leaders visit Asia to promote NC economy
State leaders, including Gov. Josh Stein and Labor Commissioner Luke Farley, have recently traveled to Asia to make the case for why global companies should invest in NC.
News
Stein announces new JDIG projects in NC
State payouts for both projects will occur only after the NC Department of Commerce has confirmed that the company’s performance has met the incremental investment targets and job creation goals.
News
NC imports of China’s rare earth metals spike amid trade worries
Through July year-to-date, NC’s imports of inorganic chemicals, precious and rare earth metals, and radioactive compounds rose sharply from $364.1 million to $1.1 billion — an increase of roughly 211%.
News
Auto imports decline, tightening consumer market
The $1.1 billion drop in imports reflects $1.1 billion worth of affordable vehicles and parts that were available to consumers last year but are no longer accessible this year.
News
Pharmaceuticals now top NC export, majority of exports to China
NC’s biopharmaceutical industry, which directly employs just 0.31% of the state’s approximately 11 million residents, produced 20% of its export value in 2024.
News
NC may see impact of EU’s new 50% steel tariffs
After Trump's 50% tariff on steel imports earlier this year, the European Union has responded with its own 50% steel tariff.
News
NC pharmaceutical companies brace for impact of tariffs
Imminent import tariffs on pharmaceuticals, NC's No. 1 export, announced recently by Trump, cause industry uncertainty.
News
NC trade with Canada remains steady overall, certain commodities impacted
Canada has been the largest purchaser of NC exports in the world for over a decade. This trend continuing into 2025, with just over $5 billion in NC exports purchased by Canadians YTD.
News
Energy company pulls the plug on operations at $1.4B NC factory
Natron Energy, a California-based company that planned to build the first US gigawatt-scale sodium-ion battery plant in Edgecombe County, is ending operations on Wednesday.
News
Visitors spend over $36 billion in NC in 2024
Tourism spending in North Carolina exceeded $36 billion, up from the previous year's record.
News
Trump extends China trade deal another 90 days
China is the second largest buyer of NC soybeans, at $16.9 million.
News
Biogen is the latest entrant in NC’s corporate investment surge
Biogen Inc. announced July 21 its plans for investing $2 billion in its manufacturing facilities located within North Carolina’s Research Triangle Park (RTP).
