Jobs

Syringe
Jill Brown / flickr.com/photos/jill_a_brown/2629206800

A Danish pharmaceutical company broke ground on its second facility in Johnston County Monday. Novo Nordisk says the $1.8 billion plant will be built next to an existing company facility and share its infrastructure.

Site Director Gary Lohr says the new plant will manufacture the company's products, instead of just packaging them.

"We've been manufacturing diabetes medicines out of Kalundborg and out of our site Denmark facilities. and this is the first time we've actually moved it outside of Denmark."

Pat McCrory, Gov McCrory
Wes Gappens / NC Chamber

Business leaders, bankers and policy-makers gathered in Research Triangle Park for the annual Economic Forecast Forum sponsored by the North Carolina Bankers Association and the North Carolina Chamber.

Jobs
Thinglass / Shutterstock.com

There’s good news on the jobs front for 2016.  That’s according to the latest Duke University – CFO Global Business Outlook Survey.

Chief Financial Officers say they expect to increase hiring by about 2.4 percent in the New Year.  And wages should jump almost 3 percent.

But John Graham, a Finance Professor at Duke and director of the survey, says CFOs still struggle with finding qualified employees.

North Carolina Legislature passes a tax reform bill.
W Edward Callis III

A package of economic incentives aimed at luring businesses to North Carolina is one vote away from reaching the Governor’s desk.

The Senate swiftly approved the bill on Tuesday, while the House gave a tentative approval, 84-24, after a lengthy and lively debate.

The plan would increase funding for the Job Development Investment Grant (JDIG) program from $15 million to $20 million a year.

It could go as high as $35 million if the state attracts a large project, like an auto plant, that invests at least $500 million and adds at least 1,750 jobs.

MillerCoors trucks
MobiusDaXter / Wikimedia Commons

Big beer companies are starting to feel the pressure of a rising thirst for craft beer. There are more than 130 breweries and brewpubs in North Carolina, but MillerCoors announced it is closing the plant in Eden, North Carolina in September of next year.  

Image of Toyota Plant in Indiana. North Carolina was in the running to be the home of Toyota's North American Headquarters in 2014, but Plano, Texas won the bid.
Kurt Weber / Wikimedia Commons

North Carolina was able to lure 47 new or expansion business projects to the state last year. The haul promises to bring more than 8,000 jobs and $1.4 billion in capital investment.

But the state recently lost the bids for a Volvo manufacturing plant and the Mercedes Benz U.S. headquarters.

So how's the state doing with economic development overall?

Image of sticky notes with one titled find job
www.flazingo.com / Flickr Creative Commons

New economic numbers out this month show workers in the Triangle are finding fewer jobs, and those who do have employment are making less money. 

The latest unemployment figures are the highest the Triangle has seen since August of last year. 

Host Frank Stasio talks with Triangle Business Journal reporter Jason deBruyn about the latest figures. 

A picture of lifeguards training in a pool.
PoolSafety / Flickr

Fewer teens are becoming lifeguards at local city pools.

Raleigh has had to cut hours at its city pools because it's fallen 40 slots short of its hiring goal. 

Raleigh Aquatic Director Terri Stroupe says fewer than half of the participants who signed up for a free lifeguard certification class last week passed the swim test.

The State Of The State

Feb 5, 2015
North Carolina Governor Pat McCrory
Hal Goodtree / Flickr Creative Commons

  Governor McCrory took the dais for his state of the state address last night. 

Commerce Secretary Sharon Decker, Gov. Pat McCrory, and Department of Environment and Natural Resources Secretary John Skvarla
Jorge Valencia

There will be some key changes to Governor Pat McCory’s cabinet in the New Year. Commerce Secretary Sharon Decker is stepping down. And Environment Secretary John Skvarla will be the new head of the commerce department. The two positions are central to the governor's plan to attract businesses to North Carolina.

The governor feels very passionately about the members of his cabinet, or as he prefers to call it: his team. Yesterday, he was in front of a crowd in the historic chambers of the Old Capitol building, and beside him was Sharon Decker.

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