The North Carolina Rural Infrastructure Authority (RIA) has approved 14 grant requests to local governments totaling $2,979,648. These grants are for projects that have committed to creating 366 new jobs and will attract more than $295 million in private investment across the state. Five of these grants were awarded to Carolina Core communities. 1. City… Read more »

Krispy Kreme, based in Charlotte and founded in Winston-Salem in 1937, will invest $5.8 million and add 180 jobs during the next three to four years to produce more of its pre-packaged goods at its plant on Ivy Avenue in Winston-Salem. “With this project, we look forward to growing our presence in Winston-Salem, a city… Read more »

Sumitomo Forestry America, Inc., a comprehensive housing and wood products company will establish a manufacturing facility and invest $19.5 million in Archdale and create 129 jobs. Sumitomo Forestry America is a wholly owned subsidiary of Sumitomo Forestry Co., Ltd., a Nikkei-listed forestry company headquartered in Tokyo. Sumitomo Forestry has accumulated technologies and expertise related to… Read more »

Alamance Foods, Inc., a manufacturer of a variety of consumer food products, will create 135 jobs and invest $42 million to expand its North Carolina operations in Alamance County. Alamance Foods (AFI), with headquarters in Burlington, started from humble North Carolina roots more than 100 years ago when R.W. Scott began selling the extra cream… Read more »

Ziehl-Abegg, Inc., a manufacturer of commercial ventilation systems, will create 189 new jobs and invest more than $100 million to expand its operations and relocate its North American headquarters to Winston-Salem Founded in 1910 as a motor manufacturer, Ziehl-Abegg is a German-based company that produces innovative industrial fan systems and motors with 5,000 employees worldwide.… Read more »