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Incentives

NC legislature may not be over for this year

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The General Assembly's work may not be over this year if Gov. Pat McCrory believes replenishing a critical economic recruitment tool in North Carolina can't wait until January. Full story...
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Linamar Corp. adding 125 auto parts jobs in NC

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An auto parts manufacturer is being offered $1.4 million in incentives to add 125 North Carolina jobs that pay average salaries lower than the local average. Full story...
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Charlotte approves incentive deal for Sealed Air

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Charlotte City Council has approved an incentive package for Sealed Air Corp., which announced last month it's moving its headquarters from New Jersey to North Carolina. Full story...
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House defeats bill that could have lured Continental Tire to Brunswick Co.

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videoThe NC House defeated on Tuesday a bill that would have provided incentives to lure Continental Tire to Brunswick County, leaving the fate of the project up in the air. Full story...
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NC weighs giving upfront money for promised jobs

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North Carolina lawmakers are considering breaking with a generation of state job-hunting efforts and giving corporations upfront money to move. Full story...
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New Hanover mulls $500,000 worth of incentives for Fortron

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video New Hanover County will consider ponying up $500,000 worth of incentives for Fortron Industries LLC. Full story...
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Incentives move cold storage project at port forward

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video USA InvestCo plans to create 100 jobs and invest more than $15 million in a new cold storage facility at the Port of Wilmington according to Governor McCrory's office. The company is developing the Port of Wilmington Cold Storage facility (PWCS), a 75,000-square-foot cold storage facility that will store locally produced pork, poultry, fruits and vegetables. PWCS could eventually be expanded to 300,000 square feet depending on demand. Full story...
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New seafood processor creating 120 jobs in Pender County

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videoA seafood processor plans to create more than 100 new jobs in Pender County, according to state and local leaders. RC Creations, LLC, a seafood processing company, plans to create 120 new jobs and invest more than $25 million by the end of 2017. Full story...
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County approves $325,000 incentive for Live Oak Bank; city votes Tuesday

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video New Hanover County Commissioners voted Monday to make a partnership payment of $325,000 over the next five years with Live Oak Bank. The bank's expansion in Wilmington is expected to bring more than 100 jobs. Full story...
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2 NC governments consider incentives for Carowinds

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Local governments are considering whether to help Carowinds by giving more than $900,000 in incentives to the corporate owner of the theme park that straddles the North Carolina-South Carolina. Full story...
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