Business News

In a transformative move for the Tar Heel State’s industrial landscape, Siemens Energy officially unveiled a $421 million expansion plan this week targeting Charlotte and Raleigh. The initiative, announced in collaboration with state and local officials, aims to bolster the production of large power transformers—a critical component for the nation’s aging electrical grid. By establishing […]

In a definitive nod to the state’s aggressive economic development strategy, Business Facilities magazine has officially named North Carolina the “2025 State of the Year.” The prestigious national recognition, announced this week, highlights a historic period of growth for the Tar Heel State, which successfully secured a record-breaking $24 billion in capital investments and over