RALEIGH, N.C. – Gov. Pat McCrory signed the NC Competes Jobs Plan Wednesday, a key component of his comprehensive strategy to build and strengthen North Carolina’s economy.
“This plan sends a signal that we’re ready to compete with any state or nation to bring good-paying jobs to North Carolina,” McCrory said in a written release. “This plan coupled with the quality of life improvements we’ve made in education, health care and transportation, will demonstrate to companies that nothing compares to North Carolina when it comes to growing their business.”
McCrory signed the plan at Culp, Inc. in Stokesdale during a Manufacturing Week celebration. Culp is a worldwide manufacturer and provider of mattress and upholstery fabrics and products.
This bill is the first legislation McCrory signed after the General Assembly adjourned for the year.
“This sends a message of certainty to business and industry that North Carolina is committed to long term job creation,” said Commerce Secretary John E. Skvarla, III in a written release. “It is a tool that makes North Carolina competitive with our neighbors when it comes to creating jobs, either by recruiting new companies or by helping our existing industries expand.”
The NC Competes Jobs Plan includes $20 million in annual job creation reimbursements that will give North Carolina economic development officials more flexibility and more fire power to attract new jobs to the state.