All tagged nc

Senate Passes ICE Bill, Gives New Enforcement Authority to Attorney General

House Bill 10 requires North Carolina sheriffs to cooperate with federal immigration authorities when a suspected illegal immigrant is in custody for committing a violent crime. A new provision of the bill allows any person, including a federal agency, to file a complaint with the North Carolina Attorney General alleging a sheriff failed to comply with the provisions of this bill.

Incentives package worth $1.2 billion draws electric car plant to NC

A Vietnamese automaker has announced plans to build a $4 billion electric-vehicle assembly and battery-manufacturing plant at Triangle Innovation Point in Moncure, about 30 miles west of the Triangle. To attract the newly formed company, the state and Chatham County promise to spend nearly $1.2 billion in incentives over the next 32 years. Meantime, VinFast is working to secure $1 billion in investment money to build the plant.

North Carolina jobs and GDP economy fully recovered to pre-pandemic levels in 2021

North Carolina’s economy fully returned to the employment level it enjoyed before the COVID-19 pandemic sent the world into an economic recession, state economists said Monday. The state’s economy recovered to pre-pandemic employment levels in July of 2021 and the GDP even earlier, and the state’s economy continues to grow despite concerns of inflation and high gas prices.