Ox Bodies, a subsidiary of Federal Signal Corp., will open a manufacturing facility here, the High Point Economic Development Corp. announced Wednesday. The company will hire 15 people the first year at an annual average wage of $49,000, and operations are expected to begin in October, the announcement said. The High Point City Council in… Read more »

Pfizer Inc. said it plans to spend $500 million to expand a gene-therapy manufacturing facility in Sanford, North Carolina, helping the drug giant scale up production of treatments that fix faulty strands of DNA. Read More…

Officials at Honda Power Equipment, a subsidiary of Honda Motor Co. (NYSE: HMC), on Tuesday marked the company’s 35th anniversary by announcing a 135,000-square-foot expansion of its plant in the Alamance County town of Swepsonville. The $46.5 million expansion will in part provide manufacturing space for Honda’s new model-GCV general purpose engine, which will be… Read more »

North Carolina is the seventh-best state for aerospace manufacturing, according to PricewaterhouseCoopers’ 2019 aerospace manufacturing attractiveness rankings. PwC, a multinational consultancy and accounting firm, conducts the study every year to assess where U.S. aerospace companies are investing for manufacturing facilities. The study considered a variety of factors, including aerospace manufacturing cost, infrastructure and tax policies… Read more »

Arguments over which state can truly claim as first in flight notwithstanding, N.C. Gov. Roy Cooper told a crowd of about 200 gathered for Tuesday’s groundbreaking of the latest Honda Aircraft Co. expansion that being first in aerospace industry growth is inevitable. “‘First in Flight’ has a new meaning in North Carolina as we continue… Read more »