Latest news with #N.C.Departmentof
Axios
2 days ago
- Politics
- Axios
Local Limelight with Jordan Whichard of NP Strategy
For the past four years, Jordan Whichard served as the chief deputy secretary of the N.C. Department of Commerce, helping the state land job expansions and run key job training programs and unemployment insurance. It was the culmination of a career in politics that has spanned roles from the White House to the Governor's Mansion in Raleigh. State of play: Now, the veteran of North Carolina politics is taking that experience to help lead the Raleigh office of NP Strategy, a government relations and strategic communications firm. We talked with Whichard for our latest Local Limelight conversation. This Q&A has been edited for length and clarity. 🗳️ How did you end up in the Triangle? I grew up in Greenville and went to UNC-Chapel Hill, so that originally brought me to the Triangle. Then I moved to D.C. to work in politics from 2008 until 2015. But when my wife, Jessica, and I thought about where we wanted to be, Raleigh and the Triangle always stood out. On my way down here, I worked on then-Attorney General Roy Cooper's announcement to run for governor, and about a year later I joined his administration. 🍽️ Favorite place to eat in the Triangle? There is no question that it is Stanbury. 📚 Last great book you read? " The Devil at His Elbow," a chronicling of the Murdaugh family murders by the Raleigh-based journalist Valerie Bauerlein. ⚾️ What do you think the Triangle is missing? A Major League Baseball franchise. I think one more franchise to add to the Carolina Hurricanes and the NC Courage, which is a top-tier franchise that we go to a lot, would really put the Triangle in another tier of conversation. I think an MLB team would help bring us more headquarters operations to the Triangle, which is something that's always been sort of a knock on the region. We don't have a ton of headquarters. 🐟 Favorite long weekend spot? A family place along the Pamlico River in Beaufort County.
Yahoo
29-01-2025
- Business
- Yahoo
Aircraft engine manufacturer to give storm-ravaged Buncombe County an economic lift
Pratt & Whitney employee works on aircraft engine. (Photo: Pratt & Whitney) Pratt and Whitney's announced expansion of its turbine airfoil manufacturing plant in Buncombe County will give the region a much-needed economic boost, Gov. Josh Stein said on Tuesday. The expansion will create 325 additional jobs and includes an additional investment of $285 million in Asheville, the governor announced. 'Western North Carolina's economy took it on the chin after Hurricane Helene, yet still it remains an incredible place to work and do business,' Stein said in a statement. 'Pratt & Whitney clearly sees the opportunities in North Carolina and the strength of our highly skilled workforce.' Pratt & Whitney is a world leader in the design, manufacture, and service of aircraft engines and auxiliary power units. The company's Asheville facility produces high-tech turbine airfoils, which are an important component in aircraft jet engines. The company's new project will expand its production capacity to meet growing customer demand, Pratt & Whitney officials said. 'This latest round of investment allows us to add critical process elements for the manufacture of turbine airfoils and increase the overall delivery output of this facility, enabling us to deliver on our customer commitments while creating hundreds of new jobs in the Asheville community,' said Dan Field, Asheville general manager for Pratt & Whitney. The N.C. Department of Commerce led the state's support for the company during its site evaluation and decision-making process. The average salary for the new positions will be $62,413, compared with an average Buncombe County wage of $55,416. The new positions will bring an annual payroll impact to the community of more than $20 million per year. 'The aviation industry is a key driver of North Carolina's economic success and Pratt & Whitney's decision strengthens our aerospace ecosystem substantially,' said Commerce Secretary Lee Lilley. 'We will continue to invest in support systems, like our community colleges and universities, that help employers like Pratt & Whitney succeed in our state—and bolster Western NC's economy.' The company's project in North Carolina will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state's Economic Investment Committee. Over the life of the 12-year grant, the project is estimated to grow the state's economy by nearly $2.1 billion. Using a formula that takes into account the new tax revenues generated by new jobs and the capital investment, the JDIG agreement authorizes the potential reimbursement to the company of up to $4.2 million over 12 years. State payments only occur following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets. Because Pratt & Whitney is expanding in Buncombe County, which is classified by the state's economic tier system as Tier 3, the company's JDIG agreement also calls for moving $1.4 million into the state's Industrial Development Fund – Utility Account. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. Tier 3 counties are those with the least amount of economic stress. The Utility Account helps counties that are more economically challenged.
