IQE Expanding in Greensboro, Adding 31 Jobs
IQE, a semiconductor manufacturer based in the United Kingdom is expanding its Greensboro manufacturing operation with an expected 31 new jobs by the end of 2026. The new jobs will primarily be technicians and engineers working on semiconductor production, with an average salary of approximately $66,000 a year. IQE’s wafers and materials are used in… Read more »
NC Rural Infrastructure Authority Awards Grants to Carolina Core Communities to Create 122 jobs
The North Carolina Rural Infrastructure Authority (RIA) has approved 17 grant requests to local governments totaling $5,710,255. These grants are for projects that have committed to creating 1,382 jobs and will attract more than $5 billion in private investment across the state. Five of these grants were awarded to Carolina Core communities. 1. Stokes County:… Read more »
Lancaster to Create 27 New Jobs in Randolph County
Lancaster Inc., a luxury upholstery maker, will relocate and expand with a $5 million investment in a new facility in Archdale. The company intends to retain its current 25 full-time employees and create at least 27 new jobs with an average annual salary of $46,000 over five years. Lancaster Inc. will build a plant on… Read more »
SteriTek to Invest $59.9 million and Create 50 Jobs in Alamance County
SteriTek, a contract sterilizer, will invest $59.9 million to build an East Coast sterilization facility in Burlington, NC. The project will create 50 new jobs. SteriTek, established in 2016 and based in California, uses electron beam and X-ray systems to sterilize high volumes of medical devices for the medical, biotechnology, pharmaceutical and tissue industries. The… Read more »
U.S. Department of Commerce Awards $3.1 million to Triad Organizations
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $3.1 million in grants to support business development and job growth in North Carolina communities impacted by the declining use of coal. Gateway Research Park Inc., Greensboro, will receive a $2.1 million grant to expand a manufacturing facility in support of the growth of… Read more »