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A company that makes containers and injections for vaccines and other drugs will build a new manufacturing plant in eastern North Carolina, creating 400 jobs. The U.S.-based subsidiary of German firm SCHOTT Pharma announced on Monday its plan for the $371 million production facility in Wilson, which should start operating in 2027.
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It comes two weeks after its factories in Western North Carolina abruptly closed, leaving hundreds of workers without jobs.
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The company employed about 700 people in Taylorsville.
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The authority wants to pay for renovations by using $300 million in hotel tax revenue.
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The North Carolina Department of Commerce is out with economic distress rankings for all 100 counties.
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In an exclusive sit-down interview with WUNC's Rusty Jacobs, Gov. Roy Cooper discusses the 2022 mid-term election, North Carolina politics and more.
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Shrinkflation isn't new, experts say. But it proliferates in times of high inflation as companies grapple with rising costs for ingredients, packaging, labor and transportation.
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Gas prices surged to a national record, not adjusted for inflation, surpassing the previous milestone hit around two months ago. It comes just ahead of the key summer driving season.
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Orange and Osceola counties could take on a massive debt held by Disney now that Gov. Ron DeSantis has signed a bill revoking Disney World's special regulatory status.
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Experts say this is a knock-on effect of business shifts during the COVID-19 pandemic. Employees shifted to a work-from-home model that didn't require them to be in major metros.