Funds from the federal stimulus package, which was designed to create and maintain jobs, is slowly starting to trickle down in North Carolina.
A total of 556 employees in the state received $356,764 in payroll for working on transportation stimulus projects in May, according to the N.C. Department of Transportation. Those employees worked a combined 17,690 [...]
Entries from June 2009
June 23, 2009
Stimulus funds create N.C. jobs
June 23, 2009
Report: N.C. infotech jobs on upswing
North Carolina’s information-technology job market appears to be on a slight upswing, with the number of IT openings increasing in May, according to the N.C. Technology Association.
The state had 1,250 such job openings last month, the association says. That’s down 62 percent from May 2008 but higher than the 1,140 job openings reported for April.
In [...]
June 23, 2009
Baldor Electric to add 114 jobs in N.C.
Baldor Electric Co. has landed $157,000 in state incentives as part of a consolidation that will create 114 jobs at its Kings Mountain facility, according to the office of Gov. Bev Perdue.
The company plans to invest more than $12.2 million and create the jobs during the next three years as it moves its South Carolina [...]
June 23, 2009
State lands billion-dollar investments
Despite the sluggish economy, Tennessee economic development officials point to at least $3 billion in investments they’ve landed since last July.
Volkswagen, Hemlock Semiconductor and Wacker Chemical are all companies that have announced projects in excess of $1 billion apiece.
Tennessee Economic and Community Development Commissioner Matt Kisber says the lucrative deals are payoffs, in part, from [...]
June 23, 2009
New reports tout benefits of “green” jobs
New reports on the potential for so-called “green” jobs say Nashville could benefit from $185 million in investments and more than 10,000 new jobs a year.
Many clean-energy related jobs like producing windmills and installing solar panels would not require a college degree. Almost 68% of Davidson County residents don’t have bachelor’s degrees.
According to The Tennessean, [...]
June 23, 2009
Nissan to mass produce electric cars, add 1,300 Tenn. jobs
Sen. Bob Corker said Nissan’s announcement Tuesday that it will make electric vehicles at its Smyrna, Tennessee plant means 1,300 jobs.
Nissan Motor Co. CEO Carlos Ghosn made the announcement at a shareholders’ meeting in Yokohama, Japan.
The company will also make electrics at its plants in Japan and Europe.
“This means 1,300 jobs for the area, [...]
June 23, 2009
American Infrared Consultants to open HQ
American Infrared Consultants has announced that it will open its eastern regional headquarters in the Asheville area.
The company is a national distributor for Flir Systems infrared cameras, ThermalStar energy/weatherization training and equipment, IRISS infrared windows and Extech test instruments.
AIC’s arrival will be marked by a ribbon-cutting ceremony at the Asheville Area Chamber of Commerce, 36 [...]
June 19, 2009
N.C. law extends COBRA enrollment
A new N.C. law gives laid-off employees of small businesses more time to enroll in North Carolina’s version of the federal COBRA coverage.
The law extends the enrollment period to 120 days from 60 days.
The coverage, often called “mini-COBRA,” will ultimately allow employees to receive the federal stimulus package’s 65 percent COBRA premium subsidy.
Laid-off personnel must [...]
June 18, 2009
Schools offer retirement buyouts to save jobs
In an attempt to avoid layoffs, the city school district is offering $3,000 incentives to help persuade some employees to retire.
The district is offering the bonuses to full-time classified employees, a category that includes clerical staff, custodians and teacher assistants. To participate in the program, employees must already be eligible for retirement, submit paperwork by [...]
