All tagged nc

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.

OPINION: Round up the horses

In the Disney “Toy Story” movie series, Buzz Lightyear and Woody are the unlikeliest of friends. The stark contrast between the two figurines and the cultures they represent is purely intentional. The movie plots are built around these two sorting out their different approaches to whatever the problem is at hand.