Business Friendly Tax Provisions Now Permanent
President Trump’s One Big Beautiful Bill Act (OBBB) was signed into law. This sweeping legislation includes major tax reform provisions that will have far-reaching implications for small businesses in the years to come. One of the biggest impacts of the OBBB is that it will make several key provisions from the 2017 Tax Cuts and Jobs Act (TCJA) permanent. These policies, which offered extensive relief for many small businesses, were set to expire at the end of 2025, which means the “tax cliff” many had
North Carolina Reclaims Top Spot for Business
North Carolina has reclaimed its position as the No. 1 State for Business - a title it has now held three out of the past four years. The NC Chamber attributes this achievement to its ongoing efforts to promote pro-growth policies that support both new and existing businesses. North Carolina scored top-five finishes in three of CNBC’s ten ranking categories, especially standing out in economic growth, workforce quality, and migration of college-educated workers. A 3.7% increase in state GDP and 60,000 new
NC Task Force on Child Care and Early Education Releases Report
The North Carolina Task Force on Child Care and Early Education has released its interim report that outlines the growing gap between childcare supply and demand in the state. Childcare breakdowns cost North Carolina billions of dollars in lost economic activity each year. According to the task force’s report, licensed programs for infants and toddlers only have capacity to serve 18.7% of children in that age group. Workforce shortages prevent many providers from serving at licensed capacity, further
Trade Wars and the Cost of Doing Business
How can middle market businesses respond during a time of economic uncertainty? Join RSM US Chief Economist Joe Brusuelas and U.S. Chamber of Commerce Executive Vice President Neil Bradley as they discuss the latest economic trends affecting middle market businesses. Get key business considerations on what companies should anticipate in the coming months. The virtual event will be held on July 9 at 1 PM. For more information or to register, click here.
NC’s Manufacturing Momentum and Future Resilience
With the recent announcement of JetZero’s plans to build a new generation of airplanes in Greensboro, North Carolina adds to a string of manufacturing jobs and capital investment announcements. This marks a reversal of the trend of the last thirty years as manufacturing jobs have fallen by 42 percent from 1990 to 2023.i While total state employment grew by 1.75 million during that period, the number of manufacturing jobs fell by almost 375,000.ii Moreover, the areas of the state that had the heaviest
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Chamber Foundations Are a National Best Practice
More than a local initiative, Chamber foundations have become a national best practice—empowering chambers across the country to tackle big-picture challenges like workforce readiness, small business resilience, and inclusive economic growth. By establishing our Foundation 14 years ago, we positioned ourselves ahead of the curve, recognizing early on that a 501(c)(3) arm would allow us to access new funding, support community-focused programs, and deepen our long-term impact. Today, with nearly 90% of
Triangle East Prospers Surpasses $900,000
69% TOWARD GOAL WITH STRONG COMMUNITY BACKING Bold Initiative Will Unite Public and Private Sectors toAttract Talent, Create Jobs, and Expand Opportunities Across the Region SMITHFIELD, NC – The Triangle East Chamber of Commerce announced that its Triangle East Prospers campaign has officially surpassed the $900,000 mark—representing 69% of the $1.3 million goal to fund a five-year, public-private initiative focused on regional economic prosperity. A total of 31 investors have stepped forward to support
The Big Tariff Burden on Small Businesses
Of the 242,515 total importers in the U.S., 97%—or 236,045—are small businesses, according to a Commerce Department report released this year. Small businesses were responsible for a third of the total value of goods imported, highlighting the significant role they play in U.S. international trade. Why it matters: For many of these companies, even a small increase in tariffs can have a profound effect on their bottom line. These businesses typically operate with tight profit margins and limited
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Johnson Named Top Economic Developer
Recently, Johnston County's Economic Development DirectorChris Johnsonwas named one of the Top 50 Economic Developers in North America by Consultant Connect. Chris was recognized for his leadership, innovation and creativity. He will receive the award in November.
Fed Reports Stable Labor Market Conditions and Solid Job Gains in North Carolina
While roughly 900 people left the labor force in March, the unemployment rate in North Carolina remained unchanged at 3.7 percent. Payroll employment increased by net 8,300 jobs in March with professional and business services leading the way, followed by government and education and health services. Financial services saw a slight decline in employment. Measuring against our neighbors to the north and south, South Carolina created 55,400 jobs for a 2.4 percent increase in the past year and Virginia added
US Chamber Releases The State of Housing in America
US Chamber Releases Report on Housing in America Housing has long been a cornerstone of the American dream and a vital component of the nation’s economy. Yet, the U.S. housing market is in crisis, driven by a fundamental imbalance between supply and demand. A severe shortage of over 4.5 million homes has created cascading economic and social challenges, from skyrocketing prices to reduced workforce mobility. This deficit, rooted in a decade of underbuilding following the Great Recession and
Do Good Foods LLC Will Invest More Than $100 Million At Selma's Eastfield Crossing
‘Climate Forward’ Consumer Foods Pioneer Will Create Approximately 100 Jobs in JoCo Johnston County, N.C. – June 6, 2022. Do Good Foods LLC, a revolutionary climate forward company that upcycles surplus grocery store food into nutrient-dense animal feed, will invest more than $100 million in a new production facility at Eastfield Crossing in Selma. The new operation will employ approximately 100 workers at wages averaging more than $60,000 per year. Johnston County Commissioners joined the Selma Town
Carolinas Carbon Plan – A Cleaner Energy Future for Our Customers
Led by significant growth in renewables and storage, the plan features a diverse energy mix to balance reliability and affordability All options in the plan meet carbon reduction targets in North Carolina’s clean energy law, including least-cost and reliability mandatesCHARLOTTE, N.C. – After months of stakeholder input, Duke Energy today filed its proposed Carolinas Carbon Plan with the North Carolina Utilities Commission (NCUC) – a clean energy plan that balances affordability and reliability for
SelmaWorks! Resource Fair Brings Workforce and Community Services to Selma Residents
SelmaWorks! Resource Fair Brings Workforce and Community Services to Selma ResidentsFree event targets residents most in need. April 4, 2022 – The SelmaWorks! Resource Fair will take place at the Richard B. Harrison Gymnasium from 10am-2pm on Friday, April 22. The event is a partnership between Capital Area Workforce Development (CAWD), NCWorks, Johnston Community College and Johnston County Public Schools. The resource fair will feature several organizations that provide services to help individuals in
Commissioners Vote Unanimously to Accept NC Railroad Grant
Selma’s Eastfield Crossing Project Set to Benefit from Rail Access Johnston County, N.C. – March 22, 2022. The Johnston County Board of Commissioners voted unanimously last night to formally accept a $750,000 infrastructure grant as part of the North Carolina Railroad Company’s Build Ready Sites initiative. The award will be applied to upgrades and improvements in Selma that will support the county’s Eastfield Crossing project. “Johnston County is proud to be one of six North Carolina counties to be
EDGEWATER VENTURES WILL INVEST $40 MILLION IN BENSON DISTRIBUTION SPACE
Facility Will Add More Than $73 Million to Johnston County’s Economic Output Johnston County, N.C. – March 7, 2022. Edgewater Ventures, a Raleigh-based commercial real estate investment and development firm with nearly 2.7 million square-feet of existing assets, will build a 501,120 square-foot Class A distribution facility in close proximity to the Interstate 40 and Interstate 95 interchange in Benson. The company’s $40 million investment will be the initial development of what will ultimately result in
CAROLINA WHOLESALE FLOORING NOW OPEN IN SELMA
Luxury Vinyl and Laminate Flooring In Stock and Open to the Public Selma, NC (March 3, 2022) – Adventure Development, LLC, is pleased to announce that Carolina Wholesale Flooring is now open in the Triangle East Collaborative (TEC) building at 67 JR Road in Selma.Owned by Shane Wells and Josh Hall, Carolina Wholesale Flooring offers luxury vinyl and laminate flooring to the public. As a wholesaler, they offer low prices and keep flooring in-stock and available on-site for pickup. “We chose to locate our
Celebrating the Voices and Passions of Local FarmHers
Smithfield, N.C. -- The Junior Women's League of Smithfield, in partnership with the Johnston County Farm Bureau Young Farmer & Rancher program and JoCo Grows Agriculture Committee will host Ask A Farm(HER), a local farmer Q&A panel featuring female farmers from Johnston County on Monday, February 7, 2022 from 5:30 p.m. until 8:30 p.m at Johnston County Ag Center. The purpose of the Q&A panel is to give Johnston County citizens an opportunity to hear farmers discuss the issues of importance to
New Website Connects Commuting Workers With Open Jobs Nearby
NEW WEBSITE CONNECTS COMMUTING WORKERS WITH OPEN JOBS NEARBYJoCoCareers.org Aims to Fine-Tune Johnston County’s Labor Market Johnston County, N.C. – January 10, 2022. Johnston County is one of the state’s fastest growing counties in terms of population and employment. A website – JoCoCareers.org -- launched earlier this month seeks to align new jobs and workers, and reduce the high number of county residents who commute to neighboring towns and cities. County leaders hope the new resource also will
JERNIGAN FURNITURE OPENS NEW STORE IN SMITHFIELD: Family-Owned Furniture Company Leases Storefront in Pine Needle Square
Smithfield, NC (November 17, 2021) – AdVenture Development, LLC, is pleased to announce that Jernigan Furniture is now open at 721 N. Brightleaf Blvd., Suite 7D, in Pine Needle Square. Jernigan Furniture is a fourth-generation family furniture company founded in downtown Goldsboro in 1924 by Sam Jernigan Sr. Sam’s great grandson, Andrew Jernigan, now leads the family business and looks forward to bringing the company’s “A Sense of Family. A Sense of Home,” mantra to its new Smithfield location. The new
ADVANCETEC WILL INVEST OVER $10 MILLION AT SITE NEAR CLAYTON - Cleanroom Integration Experts to Leverage Prefabrication & Modularization for Biotech
Johnston County, N.C. – November 1, 2021. AdvanceTEC, a leader in cleanroom design, construction and mission-critical process integration, will invest more than $10 million in a new site in Johnston County. The Richmond, Va. based company intends to create an advanced skilled workforce at a location near Clayton, which will serve biotechnology companies in the Research Triangle and throughout the United States. “Johnston County’s place in the 21st century life sciences industry is taking an important
Local Developer Breaks Ground on Future Business Park
Local Developer Breaks Ground on Future Business ParkCounty and town leaders turned out to mark the investment in Selma Selma, NC (August 30, 2021) – AdVenture Development, LLC hosted a groundbreaking ceremony at the site of the future Eastfield Business Park on Tuesday, August 24, 2021. Ground was broken on the 135,000 SF industrial spec building at 101 E. Providence Blvd in Selma, NC. The spec building, also known as Building 100, is a state-of-the-art industrial project located in a certified North
SOLA CREATIONS BOUTIQUE FEATURED IN THE BOOK, A Heart for Selma: 12 Stories of Activate Selma NC
The much-awaited book, A Heart for Selma: 12 Stories of Activate Selma NC, written by Pine Level writer Cindy Brookshire, shares 12 personal stories of Selma, North Carolina residents, volunteers, and business owners who are revitalizing and uplifting their beloved rail community and all it has to offer. Katja Jentes of ProverbsPhotography shot all the photos in the book, including the book cover. Twenty-three community members participated in the project and two national experts, Roger Brooks
AMAZON TO CREATE 500 JOBS AT A NEW $100 MILLION DISTRIBUTION OPERATION IN SMITHFIELD
Contacts: Chris Johnson Tim Kerigan 919-205-1232 919-934-2116 x1109 919-915-6202 (cell) tim.kerigan@smithfield-nc.com chris.johnson@johnstonnc.com Johnston County, N.C. – May 10, 2021. Amazon.com, the Seattle-based e-retailing pioneer, will launch a state-of-the-art import processing center in Smithfield, creating more than 500 jobs
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Smithfield-Selma Chamber honors distinguished citizens at Annual Meeting
SMITHFIELD, North Carolina — The Greater Smithfield-Selma Area Chamber of Commerce culminated its 2016 year at its 47th Annual Meeting with a farewell bid to its President of 30 years, Rick Childrey; recognitions of members who earned special honors; and, a passing of the gavel from 2016 Board Chair Dr. Dwight Morris, Executive Director of the Johnston County Partnership for Children, to 2017 Board Chair Corina Knott, Senior Account Executive with Interstate Outdoor, Inc. Knott expressed excitement
