Toyota to Invest Additional $2.5 billion, Create 350 More Jobs at Greensboro-Randolph Megasite
Toyota will invest an additional $2.5 billion in its newest North American facility, Toyota Battery Manufacturing North Carolina (TBMNC). This investment adds capacity to support battery electric vehicle (BEV) battery production and adds 350 jobs, bringing the total employment to approximately 2,100. Scheduled to begin production in 2025, the facility will produce batteries for hybrid… Read more »
Elizabeth City State University to offer flight school training in the Piedmont Triad
Elizabeth City State University is partnering with Piedmont Flight Training and AeroX to offer a four-year online program in aviation science, which includes a pilot’s license. Piedmont Flight Training will be ECSU’s affiliated flight school partner, training students at its Smith Reynolds Airport facility in Winston-Salem. AeroX, a nonprofit organization building air traffic control infrastructure… Read more »
Metal Works to Expand in High Point; Add 20 Jobs
Metal Works of High Point will expand its operations, investing $2,819,000 and adding 20 jobs. The company has purchased 1245 Hickory Chapel Rd. The 37,050-sf property will house a powder-coating line and additional room for assembly to help meet growing demand. The family-owned company, headquartered in High Point, manufactures metal components, weldments and assemblies for… Read more »
Lotus Bakeries to Create 62 New Jobs in Alamance County; Invest $84 Million
Snack food company, Lotus Bakeries, will create 62 new jobs in Alamance County. The company will invest more than $84 million to add a new production facility at its Mebane location. New positions include operators, technicians, and material handlers, with a collective average annual salary of $47,873, exceeding Alamance County’s overall average annual wage of… Read more »
North Carolina Wins Area Development’s Inaugural Platinum Shovel Award
North Carolina is one of two states that has received Area Development magazine’s inaugural 2022 Platinum Shovel award which recognizes states that went beyond the gold standard for investment and job creation. The Platinum Shovel award is part of Area Development’s annual celebration of economic development, which also includes the Gold and Silver Shovel awards.… Read more »