Nucor Corporation Selects Davidson County for $350 million Investment

Nucor Corporation, a steel and steel product manufacturer, will build a new “micro-mill” in Lexington. The company, which has its headquarters in Charlotte, will invest $350 million into the project which will create 180 jobs with an average annual wage of $99,066, higher than the Davidson County average of $45,117. Nucor is the largest recycler… Read more »

Read More

Häfele America Expanding Facility in Archdale

Häfele America Co., a worldwide supplier of furniture and architectural hardware components, will add 94,200 sq ft of space to its Archdale distribution center and warehouse. The facility will have 221,200 square feet when the expansion is completed. The overall project is projected to be a $13 million capital investment set to be completed in… Read more »

Read More

FedEx Plans Distribution Facility in Chatham County

FedEx logo

FedEx Corp. plans to open a 338,000 sq ft distribution center in New Hill. The facility, which is slated to open in early 2023, sits along Pea Ridge Road near its intersection with U.S. Highway 1. The distribution center will employ a mix of full-time and part-time workers. “We continue to experience significant package volume… Read more »

Read More

Automotive Manufacturer Selects Carolina Core for Assembly Plant

VinFast, a Vietnamese electric vehicle and battery company, is bringing its first North American automotive assembly and battery manufacturing plant to North Carolina. The company plans to invest $4 billion and create 7,500 jobs in Chatham County, making this the largest economic development project in North Carolina’s history. VinFast evaluated over 50 megasites in 10… Read more »

Read More

Service Offsite Solutions to Expand in Lee County; Create 235 Jobs and Invest $11.8 million

Service Offsite Solutions, a supplier of offsite homebuilding solutions, will create 235 new jobs in a Lee County. The company will invest $11.8 million to build a new manufacturing facility in Sanford. Using innovative processes and high-tech equipment and tools, SOS builds precision framing components for turnkey residential construction. SOS manufactures floors, roofs, and walls… Read more »

Read More