North Carolina House Speaker Tim Moore is hinting that more than 8,000 new jobs may be coming to the state. Moore says this is due to a new corporate incentive program included in the state budget that has been sent to Governor Roy Cooper. 

The budget provision allows for larger incentive packages for companies that invest more than $4 billion in the state and create at least 5,000 jobs.

Moore tells the News and Observer of Raleigh that North Carolina is now “on the cusp” of landing a major industry.

Moore says that while he can't go into details, the company involved would create “8,600 jobs in one facility.”

The speaker compared the potential economic impact to that of the BMW car plant in Greenville, S.C., leading to speculation that the company may be an auto manufacturer.

Moore says that if North Carolina succeeds in luring the major employer, the deal would happen later this year.

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