Business News Flash – Raleigh, NC

August 12, 2019   Automaker considering NC for its newest manufacturing plant Source: Lauren Ohnesorge, Triangle Business Journal   Indian auto manufacturer Mahindra Automotive North America has shortlisted NC as the possible location for its newest manufacturing plant. However, the company is also considering locations in South Carolina, Texas, Arizona, and Michigan. According to a …

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Business News Flash – Indianapolis, IN

August 5, 2019   PepsiCo distribution facility coming to southeastern Indianapolis, IN Source: Mickey Shuey, Indianapolis Business Journal   Developer Scannell Properties has plans to build a $14.5 million distribution and warehouse facility in southeastern Indianapolis. The warehouse will be constructed for PepsiCo Inc., which currently has several facilities around the city. The facility will …

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July 2019 Job Numbers

Unemployment rate: 3.7% Source: Jeff Cox, CNBC Bureau of Labor Statistics   The unemployment rate in July remained unchanged at 3.7%. Payrolls rose to 164,000 during the month, which is keeping with analysts’ predictions of 165,000. The size of the labor force also jumped sharply as 370,000 new workers entered the labor force, which brought …

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