Tag: Job Development Investment Grant (JDIG)
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Novartis’ $771M Expansion Signals Another Surge in Triangle Life-Sciences Growth
When a global pharmaceutical leader commits three-quarters of a billion dollars to expand in the Triangle, it’s another clear signal of where economic gravity is shifting. Novartis’ announcement—700 new high-paying jobs and more than 700,000 square feet of combined manufacturing and packaging space across Durham and Morrisville—reinforces what many already know: North Carolina’s life-sciences engine…
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Fintech Expansion Fuels Charlotte’s Growth — SoFi Adds 225 High-Paying Jobs
SoFi Technologies, a leading digital finance platform, has announced plans to expand its Charlotte operations, adding 225 new jobs with an average salary of $108,000. The company will invest $3 million in the project, supported by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee. Over the next twelve years, the…
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Eco King’s $80M Expansion Brings Jobs and Opportunity to Western North Carolina
A bold step for North Carolina’s westernmost county may also be one of the most important economic development announcements of the year. Eco King Solutions, a U.S. subsidiary of Zhejiang Kingsun Eco-pack Co., is bringing 515 jobs and a new $80.5 million manufacturing plant to Robbinsville, NC. Project at a Glance Eco King’s new U.S.…
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Ralliant’s $2.1M Raleigh HQ Signals New Chapter for Triangle Tech—and Real Estate
A global technology leader is planting its headquarters in Raleigh, bringing high-paying jobs and signaling long-term confidence in the Triangle’s economic and real estate future. Project at a Glance Why Raleigh? For CEO Tami Newcombe, this move is personal. A Raleigh native and NC State graduate, Newcombe’s decision to anchor Ralliant’s headquarters in the Triangle…
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AssetMark’s $10M Investment in Charlotte Signals Strength for Real Estate Investors Across the Region
Charlotte’s growing reputation as a financial services powerhouse just got another boost. AssetMark Financial Holdings, a national provider of wealth management technology and investment solutions, has announced plans to establish its East Coast hub in Charlotte, bringing 252 high-paying jobs and a $10 million investment to Mecklenburg County. Real estate investors, take note: this is…
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Citigroup’s $16M Investment in Charlotte Brings High-Paying Jobs—and Opportunity for Real Estate Investors
Citigroup has announced a major expansion in North Carolina, selecting Charlotte as the site for a new office facility that will create 510 high-paying jobs. Backed by a $16.1 million investment, the project will support roles in personal banking, finance, and marketing, with an average salary of $131,832—nearly double the metro average. The announcement, made…
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TMG & Haartz’s $51M Investment in Rutherford County Signals Economic Surge—and Real Estate Opportunity
Rutherford County just scored big. TMG & Haartz Solutions, a newly formed joint venture between Portugal-based TMG Automotive and Massachusetts-based Haartz Corporation, has announced a $51 million investment in the town of Bostic, North Carolina. The company plans to construct a state-of-the-art facility that will create 125 new jobs over the next five years, offering…
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Jabil’s $500 Million AI Hub in Rowan County Opens the Door for Regional Growth
📣 The Announcement 🌍 Places That Will Benefit 🏘️ Impact on Housing & Retail Growth ✅ Bottom Line Jabil’s Salisbury investment transforms an idle industrial property into a high-tech manufacturing hub, creating nearly 1,200 well-paying jobs and generating multi-billion‑dollar economic momentum across Rowan County and North Carolina. The ripple effects—spanning housing, retail, logistics, and infrastructure—present…
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Prolec GE’s $140 Million Expansion Powers Growth in Goldsboro
Prolec GE Waukesha’s latest expansion in Goldsboro, North Carolina, marks a major milestone in the region’s industrial evolution. With a $140 million investment and 330 new jobs on the way, this move is powering more than transformers—it’s energizing the local economy, real estate market, and long-term investor confidence. Major Investment, Major Impact The project will…