Economy

Helping Parents of Young Children Reenter the Workforce Could Boost NC’s GDP by Up to $7.5 Billion

Abstract Ice Inc. to Invest $14.7M and Create 26 Jobs in Forest City, NC

Governor Roy Cooper announced that Abstract Ice Inc, a manufacturer of specialty craft ice products, plans to establish a new manufacturing facility in Forest City, North Carolina. The California-based company will create 26 jobs and invest over $14.7 million in the project. This move highlights North Carolina’s appeal to innovative

Helping Parents of Young Children Reenter the Workforce Could Boost NC’s GDP by Up to $7.5 Billion

IQE to Invest $305M and Create 109 Jobs in Greensboro Expansion

IQE, Inc., a global semiconductor manufacturer, has announced plans to expand its operations in Guilford County, North Carolina. The expansion is contingent upon customer commitments and funding from the federal CHIPS Act. The company aims to invest $305 million over several years and add 109 jobs to its Greensboro facility.

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