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Brain Kemp directs $8M to rural site development
‘Georgia offers the workforce, connectivity, and business-friendly environment for companies to be successful in every corner of the state.’
Tagged economic development
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North Carolina Railroad Company snags $105M grant for passenger, freight rail improvements
In the first 6 months of 2024, more than 342,000 rail customers rode Amtrak in North Carolina.
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British-based food producer announces $35M investment, 200 jobs in Johnston County
The new jobs will bring an annual payroll impact to the Selma area of nearly $12 million per year.
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Meal delivery outfit FreshRealm will invest $6.3M, create 300 jobs in Macon County, Georgia
Food and fiber production contributed $83.6B and 323,300 jobs to Georgia’s economy in 2023.
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Japanese medical company plans $400M U.S. headquarters in Greenville
The 200-plus jobs created will pay $56K on average, exceeding the local mean salary.
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Massive new Novo Nordisk plant could bring 1,000 jobs to North Carolina by 2030
“This is yet another real signal of our efforts to scale up our production to meet the growing global need for our life-changing medicines and the patients of tomorrow.”
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First U.S. factory to build supersonic airliners opens in North Carolina
Overture will be net-zero carbon, capable of flying on 100% sustainable aviation fuels (SAF) at twice the speed of today’s fastest passenger jets.
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Top car companies pick Durham as electric vehicle charging HQ
‘The area’s dynamic blend of tech talent and commitment to innovation mirrors IONNA’s own mission to develop and deploy a cutting-edge customer charging experience.’
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Mississippi Republican Governor again calls for phasing out personal income tax in his budget plan
‘Eliminating the income tax does not require cutting expenditures or raising taxes in other areas.’
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Mississippi Governor wants lawmakers to approve incentives for new economic development project
Legislators met in a Special Session last week and approved incentives for a plant that will manufacture batteries for electric vehicles.