North Carolina Celebrates Over 800 New Jobs in Rural Counties

In a major victory for economic growth, North Carolina’s Governor Josh Stein expressed his enthusiasm over over 800 new jobs being introduced to small-town regions across the state.

“Rural North Carolina boasts a robust and skilled manufacturing workforce,” Governor Josh Stein stated. “Companies around the world are recognizing the wealth of talent and strategic advantages offered by North Carolina, and we are committed to leveraging this growth to benefit the entire state.”

North Carolina Secretary of Commerce Lee Lilley echoed the Governor’s sentiment. “Having grown up in rural North Carolina, I understand firsthand the myriad opportunities that exist within every community in our state,” Lilley said. “Our mission remains to attract and support businesses that can create lasting job opportunities across North Carolina.”

Major Investments Driving Jobs and Growth

A number of significant business investments are driving the job boost:

Syntec Precision Technology Corporation

Syntec Precision Technology Corporation, a leader in precision manufacturing, will establish its first North American production and warehouse facility in Henderson, Vance County. This project promises to create 34 new jobs and bring an $8 million investment to the area.

Pennsylvania Transformer Technology, LLC

Pennsylvania Transformer Technology, LLC is expanding its manufacturing footprint in Raeford, Hoke County, with plans to create 217 new jobs. This expansion will require over $102.5 million in investment, firmly establishing the company’s commitment to North Carolina’s vibrant industrial landscape.

Chatsworth Products, Inc

Chatsworth Products, Inc is adding 45 new jobs in Craven County, with a facility expansion in New Bern. This venture will see a $11 million investment, marking a strong vote of confidence in the region’s manufacturing capabilities and economic potential.

Provalus

Provalus plans to create a Center of Excellence in Edenton, Chowan County. This will generate 61 jobs and an investment of $6.48 million, further boosting the local economy and providing a hub of advanced manufacturing knowledge.

Barrier Fencing Supply

Barrier Fencing Supply is setting up its headquarters and manufacturing center in Columbus County. This project aims to create 151 new jobs, making a substantial contribution to the area’s job market.

NC Rural Infrastructure Authority Grants

To support these initiatives and more, the NC Rural Infrastructure Authority has approved 13 grant requests to local governments, generating 785 new jobs, 414 of which were previously announced.

The Impact of Economic Development in Rural Regions

The influx of jobs into rural communities holds significant implications for North Carolina’s economy and regional development. It addresses the challenge of job scarcity in smaller towns, ensuring that economic growth becomes a shared experience throughout the state.

“This strategic investment underscores the importance of placing value on rural communities,” Stein noted. “By fostering growth in these areas, we’re not only following through on our commitment to a vibrant, thriving economy but also ensuring that the economic benefits of job creation reach every corner of North Carolina.”

Future Prospects

The commitment to rural development demonstrated by these investments promises to open new avenues for economic opportunity across the state. As North Carolina continues to attract and support businesses that see value in the state’s human resources, the potential for further growth becomes increasingly clear.

A Call to Action

As you reflect on the exciting developments in North Carolina’s economy, consider sharing your thoughts on this positive momentum. Connect with us on social media, subscribe to our newsletters, or leave a comment below. Your input fosters a community dedicated to shaping the future of North Carolina’s economic landscape.