A materials science company has announced plans to open a state-of-the-art facility in eastern North Carolina and expand manufacturing operations in the Piedmont. Jared Brumbaugh has more.
The Governor’s Office announced that Corning Incorporated will create 428 jobs over three years in North Carolina. The company plans to invest $86 million in Edgecombe County to build a warehouse facility that will create roughly 111 new jobs. Corning also plans to add 317 jobs and invest $189 million to expand their Durham location. Although salaries will vary by position and location, the average wage at the proposed Edgecombe County facility will be $33,771. The company’s projects will be facilitated, in part, by two Job Development Investment Grants. Over the course of the 12-year terms of each grant, the project will add $1.157 billion to North Carolina’s economy. For PRE, I’m Jared Brumbaugh.