Rural North Carolina is experiencing a significant economic boost as multiple companies commit to creating over 800 new manufacturing and technology jobs across several counties. This major development comes as part of a coordinated effort between Governor Josh Stein’s administration and the NC Department of Commerce to stimulate economic growth in small-town communities.

Major employment expansion across rural counties

The economic initiative involves five companies and the NC Rural Infrastructure Authority, bringing diverse employment opportunities to various regions of the state. Governor Josh Stein emphasized the significance of this development, stating, “I am excited to see over 800 new jobs coming to small town North Carolina. Rural North Carolina has a strong and talented manufacturing workforce, and I am pleased to see companies worldwide take advantage of what we have to offer.”

Investment details and company commitments

The largest single investment comes from Pennsylvania Transformer Technology, LLC, which plans to invest $102.5 million in Raeford, Hoke County, creating 217 new positions. Other significant developments include:

• Barrier Fencing Supply’s new headquarters in Columbus County will generate 151 jobs
• Provalus is establishing a Center of Excellence in Edenton, bringing 61 positions to Chowan County with a $6.48 million investment
• Chatsworth Products, Inc is expanding in New Bern, adding 45 jobs through an $11 million investment
• Syntec Precision Technology Corporation is investing $8 million in Henderson for its first North American facility, creating 34 jobs

North Carolina Secretary of Commerce Lee Lilley, drawing from personal experience, noted, “I was born and raised in rural North Carolina, so I know that there are great opportunities for companies to expand in every community in this state.”

Additionally, the NC Rural Infrastructure Authority has approved 13 grant requests to local governments, supporting projects that will create 785 jobs, including 414 previously announced positions. These investments demonstrate a comprehensive approach to rural economic development, combining new business attraction with infrastructure improvement.

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5 companies will bring 800+ jobs to small-town NC

by Good Info News Wire, Good Info News Wire
February 24, 2025

<h1>5 companies will bring 800+ jobs to small-town NC</h1> <p class="byline">by Good Info News Wire, Good Info News Wire <br />February 24, 2025</p> <div class="font-claude-message pr-4 md:pr-9 relative leading-[1.65rem] [&amp;_pre&gt;div]:bg-bg-300 [&amp;_.ignore-pre-bg&gt;div]:bg-transparent [&amp;_pre]:-mr-4 md:[&amp;_pre]:-mr-9"> <div> <div class="grid-cols-1 grid gap-2.5 [&amp;_&gt;_*]:min-w-0"> <h2 class="whitespace-pre-wrap break-words"><strong>Five companies have committed to creating over 800 manufacturing and technology jobs across rural North Carolina counties, investing more than $128 million in the process.</strong></h2> </div> </div> </div> <p>Rural North Carolina is experiencing a significant economic boost as multiple companies commit to creating over 800 new manufacturing and technology jobs across several counties. This major development comes as part of a <a href="https://governor.nc.gov/news/press-releases/2025/02/21/governor-stein-and-nc-department-commerce-bring-jobs-rural-and-small-town-north-carolina">coordinated effort between Governor Josh Stein's administration and the NC Department of Commerce</a> to stimulate economic growth in small-town communities.</p> <h2><strong>Major employment expansion across rural counties</strong></h2> <p>The economic initiative involves five companies and the NC Rural Infrastructure Authority, bringing diverse employment opportunities to various regions of the state. Governor Josh Stein emphasized the significance of this development, stating, "I am excited to see over 800 new jobs coming to small town North Carolina. Rural North Carolina has a strong and talented manufacturing workforce, and I am pleased to see companies worldwide take advantage of what we have to offer."</p> <h2><strong>Investment details and company commitments</strong></h2> <p>The largest single investment comes from Pennsylvania Transformer Technology, LLC, which plans to invest $102.5 million in Raeford, Hoke County, creating 217 new positions. Other significant developments include:</p> <ul> <li>Barrier Fencing Supply's new headquarters in Columbus County will generate 151 jobs</li> <li>Provalus is establishing a Center of Excellence in Edenton, bringing 61 positions to Chowan County with a $6.48 million investment</li> <li>Chatsworth Products, Inc is expanding in New Bern, adding 45 jobs through an $11 million investment</li> <li><a href="https://cardinalpine.com/2025/02/23/syntec-expansion-34-new-jobs-coming-to-vance-county/">Syntec Precision Technology Corporation is investing $8 million in Henderson</a> for its first North American facility, creating 34 jobs</li> </ul> <p>North Carolina Secretary of Commerce Lee Lilley, drawing from personal experience, noted, "I was born and raised in rural North Carolina, so I know that there are great opportunities for companies to expand in every community in this state."</p> <p>Additionally, the NC Rural Infrastructure Authority has approved 13 grant requests to local governments, supporting projects that will create 785 jobs, including 414 previously announced positions. These investments demonstrate a comprehensive approach to rural economic development, combining new business attraction with infrastructure improvement.</p> <p>Read More <a href="https://governor.nc.gov/news/press-releases/2025/02/21/governor-stein-and-nc-department-commerce-bring-jobs-rural-and-small-town-north-carolina">About This</a><br /> Read More <a href="https://goodinfo.news/category/local/north-carolina/">North Carolina News</a></p> <p><i>This article may have been created with the assistance of AI.</i></p> <p>This &lt;a target=&quot;_blank&quot; href=&quot;https://goodinfo.news/5-companies-will-bring-800-jobs-to-small-town-nc/&quot;&gt;article&lt;/a&gt; first appeared on &lt;a target=&quot;_blank&quot; href=&quot;https://goodinfo.news&quot;&gt;Good Info News Wire&lt;/a&gt; and is republished here under a &lt;a target=&quot;_blank&quot; href=&quot;https://creativecommons.org/licenses/by-nd/4.0/&quot;&gt;Creative Commons Attribution-NoDerivatives 4.0 International License&lt;/a&gt;.&lt;img src=&quot;https://goodinfo.news/wp-content/uploads/2023/07/6-150x150.png&quot; style=&quot;width:1em;height:1em;margin-left:10px;&quot;&gt;</p> &lt;img id=&quot;republication-tracker-tool-source&quot; src=&quot;https://goodinfo.news/?republication-pixel=true&amp;post=35230&amp;amp;ga4=G-N1W0LBHRL2&quot; style=&quot;width:1px;height:1px;&quot;&gt;

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