RESEARCH TRIANGLE PARK – On Monday, state and local government announced a plan of a biotechnology company that requires the creation of new jobs and expansion of its presence in Research Triangle Park.
North Carolina Commerce Secretary Anthony Copeland joined local dignitaries and other officials at the North Carolina Biotechnology Center for advertising the expansion plan of AveXis, a gene therapy company.
"We are very happy to be a partner in this project," said Wendy Jacobs, chairman of the Durham board of the County Commissioners. "AveXis is a growing company in RTP."
The company stripped of government incentives of over $ 1 million.
The company said it also plans to invest $ 60 million over the next two years to expand its RTP presence and bring more jobs to Triangle and RTP.
Jacobs said the company's expansion will translate into 200 new jobs, and some of them will start earning nearly $ 73,000 a year.
The development can mark a turning point for Triangle's last line of losing big projects, including the work of recruiting Apple and the Amazon into the area.
The new job announcement can cure some of the damage done to North Carolina's reputation as a leading competitor for technology-related jobs projects.
Google's $ 13B Jumps Expansion Plan for North Carolina
Wake County continues to land extensions and new jobs, according to Wake County Economic Development.
Since October, Wake says the county has secured 44 new and expansion projects.
] These are expected to create nearly 4,000 jobs and generate $ 227 million in investment.
And the potential project list is not short.
According to its latest report, Wake County says 32 projects have been reviewed since October.  These represent more than 3,600 jobs and a potential investment totaling $ 1.2 billion.
The county also says that there have been nine client visits.
The county is still under consideration for 42 projects worth more than NOK 3.3 billion.
If Wake lands them all, the projects will mean more than 6,700 jobs.
North Carolina Repeats Apple's Remaining Active Recruitment Project
One of the projects may be a new campus for Apple. A company related to Apple has acquired land in RTP.
Triangle has been reported as a leading candidate since January last year for an Apple campus of $ 900 million and thousands of related jobs.
But Apple's latest list of expansion projects did not include North Carolina.
That omission followed Amazon's decision to take his HQ2 project elsewhere than the Triangle.
Last week, Google uncovered a number of major new projects, none of which were listed in North Carolina.
And last year, the US Army passed the Triangle to a new headquarters.
Will the stretch of large announcements end today?
Meanwhile, Charlotte has also landed several projects and a thousand jobs in recent months.
So the economic development project seems to be strong in general – even though the big names still just say "no" to North Carolina.