Dec 19

Tax, Regulatory Reforms Help Lure 800 New Jobs to Rural Eastern N.C.

 Sen. Rick Horner (R-Wilson) responded Tuesday to the announcement that Chinese tire manufacturing company Triangle Global Group has chosen rural, eastern North Carolina for its first U.S.-based manufacturing facility, a project expected to yield nearly $580 million in new investment and 800 new jobs in the region he represents.

The announcement comes as North Carolina is scoring high in a slew of recent national rankings for business and economic outlook, including #1 best state for business by Forbes magazine, #1 most competitive state by Site Selection magazine and most improved state business tax climate by the nonpartisan Tax Foundation.

“Today’s announcement is a terrific Christmas present for our state, and particularly for eastern North Carolina,” said Horner. “I couldn’t be happier that more families in the rural communities I represent will be getting back to work, in part because of our years-long commitment to reducing taxes, improving our regulatory environment and creating a business climate that encourages the private sector to create jobs. You can be sure we’re on the right path when we see our rural counties add good jobs like these – the kind of job growth that happens when state leaders work together to make North Carolina one of the most attractive places to do business, not only in our country, but in the entire world.”

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