North Carolina

Business

NC no longer top state for business on CNBC list — but it’s close

So much for the high life. North Carolina has been bumped from the top spot in CNBC‘s annual Top States for Business rankings. After reaching

Steel and Metals

Nucor adding $20M fabrication affiliate to its new, $350M mill in North Carolina

The fabrication and installation affiliate of Nucor Corp. is setting up a rebar facility near the steel mill the Charlotte-based company is

Biotech

Novo Nordisk multibillion-dollar expansion in North Carolina appears imminent

A multibillion-dollar expansion in Johnston County appears to be imminent for one of the world’s largest pharmaceutical companies, and it could be

Relocations

Durham now headquarters for billion-dollar company

Tax software company Avalara now calls Durham its headquarters as it continues to grow its presence in the North Carolina city. The

Aerospace

Boom celebrates superfactory in N.C. with talk of another one, or two

The completion of the factory for building Boom Supersonic’s first supersonic commercial jetliner factory marks just the start of a likely expansion

Food & Beverage

Cambro starts construction on East Coast logistics base in Mebane, N.C.

The 300,000 to 400,000 parts made a week at the Cambro Manufacturing plant in Mebane might sound like a lot, but it’s

Manufacturing

Leggett & Platt to close High Point, N.C. furniture plant, cut 158 jobs

Furniture component maker Leggett & Platt plans to cut 158 jobs in High Point, the company told the North Carolina Department of

Electric Vehicles

Arrival, the EV maker that failed to deliver on big promises in Charlotte, declared bankrupt

Arrival, the electric vehicle startup that made significant commitments in the Charlotte region, is bankrupt after years of financial struggles. The company announced

North Carolina

Stanley Black & Decker to lay off 224 workers in Kannapolis as Fort Mill closure looms

Stanley Black & Decker Inc. (NYSE: SWK) is making another move here that will reduce its presence and workforce in the Charlotte

Commercial Real Estate

Constellation Real Estate Partners buys land for first Charlotte project, talks growth potential

Constellation Real Estate Partners has acquired a site in southwest Charlotte for its first industrial development here. The Texas-based developer last month

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