News

Marshall USA Chooses Piedmont Triad Airport in Greensboro; Invests $50 Million and Creates 240 Jobs

Marshall USA LLC, a subsidiary of Marshall Aerospace, a British aerospace and defense contractor, will invest $50 million for a new planned maintenance inspection (PMI) facility at Piedmont Triad Airport, creating 240 jobs in Guilford County. The facility will be Marshall Aerospace’s U.S. Operations Hub, which will include maintenance, repair and operations (MRO) services and… Read more »

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Cross Technology Expanding in Yadkin County

Cross Technology, a machining company in Winston-Salem is expanding to a 140,000-square-foot building in East Bend. The company employs about 80 people expects to hire 120 within two years and invest $3.4 million. Cross Technology makes wiring harnesses, plastic injection and heat-shrink products used in defense and other industries. Most of the company’s products are… Read more »

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TAT Piedmont Aviation Expands in Greensboro; Creates 85 Jobs and Invests $12.8 Million

TAT Piedmont Aviation, an aviation Maintenance, Repair, and Overhaul (MRO) company, will expand its operations near the Piedmont Triad International Airport and create 85 jobs. The company will invest $12.8 million to increase the service capacity of its Guilford County facilities. TAT Piedmont’s will add test equipment, production tooling, and new machinery to supplement its… Read more »

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Tex-Tech Industries Expands in Winston-Salem

Tex-Tech Industries, a leading manufacturer of specialty textiles, will create 49 new jobs in Forsyth County. The company will invest more than $24.8 million to build a new manufacturing center in Winston-Salem. Headquartered in Kernersville, Tex-Tech is a global leader for textile research, development and manufacturing of high-performance fabrics and coatings. Serving the aerospace, automotive,… Read more »

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Siemens Mobility, Inc. to Build in Davidson County, Create 506 Jobs and Invest $220 Million

Siemens Mobility, Inc., global manufacturer of rail transportation vehicles and control systems, will build a major advanced manufacturing and rail services center in Davidson County, creating 506 jobs. The company will invest $220 million in Lexington, creating a new carbon neutral facility that will serve the company’s East Coast markets. Siemens Mobility’s advanced manufacturing center… Read more »

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Axium Packaging Chooses Archdale; Will Invest $32 million and Create 118 Jobs

Axium Packaging, a manufacturer of packaging and containers, will create 118 jobs in Randolph County over the next three years. The company will invest $32 million to build a state-of-the-art manufacturing facility in Archdale. Axium Packaging is headquartered in New Albany, Ohio and makes packaging for personal care, household chemical, over-the-counter pharmaceutical and food products.… Read more »

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Egger Wood Products Invests Again in Lexington

Egger Wood Products is investing $22 million at its 2-year-old, million-square-foot plant in Lexington. This expansion will allow the company to make a key component for its line of thermally fused particle board instead of importing it from Austria where the company is headquartered. The new domestic-production line will add 26 jobs. Egger also announced… Read more »

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Revere Copper to Locate in Mebane

Revere Copper Products has leased a facility in Mebane to manufacture copper bus bars primarily for electrical and electronic equipment. The company plans to hire 30 to 40 people. Mebane was chosen for the move because of its proximity to existing and potential Revere customers and suppliers. Read more…

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Renfro Brands Expands in Surry County

Renfro Brands will expand operations in Mount Airy. The company plans to invest approximately $2 million in equipment and infrastructure at its Riverside Drive facility and create up to 35 new jobs. Renfro Brands was founded in Mount Airy in 1921 and is known as a leading designer, manufacturer and marketer of quality socks and… Read more »

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Avgol Expanding in Davie County

Avgol, a multinational non-woven textiles maker, is committing to a $97 million expansion of its plant in Mocksville and will add 52 jobs with an average annual wage of $55,647 by the end of 2024. The company currently employs 280 at the Mocksville facility.  The expansion will build capacity in meltblown nonwovens used in baby… Read more »

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New Center for Medical Education and Neuroscience Institute opens in Fayetteville

Cape Fear Valley Health System opened the new Center for Medical Education and Neuroscience Institute in Fayetteville. The new five-story, 120,000-square-foot building will provide hands-on training for medical students, residents, and other healthcare professionals. The facility includes simulation labs, classrooms, offices, and a virtual anatomy lab. The Center for Medical Education and Neuroscience Institute is… Read more »

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ImpactData to Expand in Greensboro

ImpactData, a minority-owned digital infrastructure firm, will invest more than $130 million to build a new 115,000 sq ft facility in the Gateway Research Park. ImpactData delivers mission critical infrastructure focused on partnerships with HBCUs and their surrounding communities in select national markets. The company will create at least 28 new jobs to staff the… Read more »

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Jowat Expands in Randolph County

Industrial adhesives maker Jowat is expanding the capacity of its manufacturing plant in Trinity with the $1.55 million purchase of a building shut down by competitor Henkel next door. Jowat plans to use the additional facility for an expansion of its Archdale manufacturing plant, adding eight employees and and starting production with new equipment in… Read more »

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Business Facilities Names North Carolina “2022 State of the Year”

North Carolina has been named “2022 State of the Year” by Business Facilities, a national publication serving corporate site selectors, for the state’s successful year in project announcements, capital investment and job creation. “A succinct regional economic development strategy in recent years has propelled North Carolina, and 2022 was another banner year for the state… Read more »

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Nelipak Healthcare Packaging to Locate in Winston-Salem; Create 36 Jobs and Invest $11.8 million

Nelipak Healthcare Packaging, a leading global healthcare packaging manufacturer, will initially invest at least $11.8 million to establish a flexible packaging production site in Winston-Salem. The company says it will create at least 36 new jobs in Forsyth County and expects to make additional investments and job creation at the site over the next five… Read more »

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NC Rural Infrastructure Authority Awards Grants to Carolina Core Communities to Create 161 jobs

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 »

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Krispy Kreme Adding 180 Jobs in Winston-Salem

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 »

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Sumitomo Forestry America to Locate in Randolph County; Create 129 Jobs and Invest $19.5 million

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 »

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Ziehl-Abegg Expanding Triad Operations, Adding 189 New Jobs

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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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Wolfspeed will Invest $5 billion for New Facility in Chatham County

Wolfspeed, a global leader in silicon carbide semiconductor manufacturing, has chosen Siler City, NC for its newest semiconductor manufacturing plant. The company plans to invest more than $5 billion and will create 1,800 jobs. Wolfspeed, headquartered in Durham, was founded over 30 years ago on the campus of North Carolina State University. The company has… Read more »

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Sunlight Batteries USA to Locate in Alamance County; Invest $40 million and Create 130 Jobs

Sunlight Batteries USA, Inc., a manufacturer of lithium-ion and other high-performance batteries, will invest $40 million to expand its operations into Alamance County. The company will create more than 130 jobs for its new facility in Mebane. The new facility will use robot-assisted technology to develop and produce lead-acid and lithium-ion batteries for industrial applications.… Read more »

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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 »

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Frank L. Blum Construction Creating Jobs in Winston-Salem

Frank L. Blum Construction, a commercial general contractor headquartered in Winston-Salem will invest more than $3.8 million and create 35 new jobs to expand in Winston-Salem. The company will relocate its existing headquarters operations from East 25th Street to a newly acquired office building located on Pilgrim Court. The company was awarded a $250,000 Building… Read more »

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NVR Inc. to Create Jobs in Fayetteville

NVR Inc., a regional homebuilder will create 261 jobs in an expansion in Kings Mountain and Fayetteville. The company said it will spend a combined $33.9 million on capital investments to expand production in Kings Mountain and build a new facility in Fayetteville. NVR sells and constructs homes under the brands of Ryan Homes, NVHomes,… Read more »

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NC A&T Receives $23.7 million American Rescue Plan Good Jobs Challenge Grant

U.S. Secretary of Commerce Gina Raimondo announced a $23.7 million American Rescue Plan Good Jobs Challenge grant to North Carolina Agricultural and Technical State University to create STEPs4GROWTH, a clean energy workforce training program. North Carolina A&T’s portion of the overall $500 million Good Jobs Challenge, which is funded by the American Rescue Plan, is… Read more »

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New Spec Building Under Construction in Greensboro

Equus Capital Partners is developing a 37.8 acres site with a 340,750-square-foot light industrial spec building at the southeast corner of Guilford College Road and West Market Street, only a few minutes from Interstate 40, I-73 and I-840. CBRE Triad is marketing the project as I-40 Industrial Center Greensboro with delivery scheduled for second quarter… Read more »

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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 »

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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 »

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Four New Speculative Buildings Planned for Davie County

The Davie County Economic Development Commission said that there are four new speculative buildings planned for the county’s industrial parks. The buildings will range from 130,000 to 500,000 square feet in space and are currently in the planning stages or under construction to replace those filled in 2021 or 2022 by Hayward Holdings, Sportsfield Specialties,… Read more »

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Thomas Built Buses Hiring in High Point

Thomas Built Buses has announced plans to hire up to 280 employees as it adds a production shift. The shift will be in the manufacturer’s Saf-T-Liner C2 plant, which produces traditional and electric school buses. Thomas Built was founded in High Point in 1916 as a streetcar manufacturer. It began making school buses in 1936.… Read more »

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Technimark Expands in Randolph County; investing $62 million and Creating 220 Jobs

Technimark, LLC, a manufacturing solutions provider for the healthcare and consumer packaging markets, will expand its production operations in Randolph County, creating 220 jobs and investing $62 million. Technimark, headquartered in Asheboro, is a global manufacturing provider for the healthcare, consumer packaging and specialty industrial markets. Technimark specializes in precision injection molding, value-added assembly, and… Read more »

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Space Station Builder to lease space in Winston-Salem Regenerative Medicine Accelerator

Axiom Space will partner with the Wake Forest Institute for Regenerative Medicine (WFIRM) and the RegenMed Development Organization (ReMDO). The company will also lease space in the ReMDO Innovation Accelerator, The collaboration will “expand the commercial space economy and support biomedical commercial innovations and manufacturing for biomedical applications in low orbit.” The space station developed… Read more »

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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 »

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FedEx Plans Distribution Facility in Chatham County

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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 »

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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 »

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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 »

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Truliant Federal Credit Union to Hire More Workers in the Triad

Truliant Federal Credit Union is expanding its workforce with a pledge to hire more than 100 employees during 2022. The Winston-Salem-based credit union said the additional workers are needed foremost in its technology and products and services areas. which include mortgage lending, insurance, indirect auto lending and business lending. About half of the jobs are… Read more »

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RPM Wood Finishes Group to Locate in Greensboro

RPM Wood Finishes Group will invest $25 million in a new Greensboro facility. The new facility will create 53 new jobs that pay an average of $70,000. The company makes finishing products for things like wooden furniture, wooden floors, fabrics, and more. RPM’s new facility on Thorndike Road will occupy 60,000 square feet of office… Read more »

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Nordfab Americas to Expand in Thomasville; Invest $5.5 million and Create 25 Jobs

Nordfab Americas, a manufacturer of dust collection ducting for commercial and industrial applications will expand its Thomasville manufacturing facilities with a $5.5 million investment and create 25 new jobs. The company will expand its production and warehouse space from 87,000 square feet to 141,000 square feet. The new jobs created will include assembly personnel, engineers,… Read more »

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Plan C Crypto to open Fayetteville location

Plan C Crypto, a cryptocurrency data mining company plans to open a facility in Fayetteville. The company expects to open the facility in the third quarter of 2022 and employ 19 people initially. It also has facilities coming online in Tarboro, Boone, and Wilson. The firm will look to hire “skilled professionals in the electrical,… Read more »

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Amazon to Create 500 jobs in Fayetteville

Amazon plans to build a 1.3 million square foot fulfillment facility in the Military Business Park in Fayetteville and will create more than 500 full-time jobs and hundreds of other part-time roles. The full-time positions will pay $15.00 per hour with an average annual salary of $33,000. The average wage for Cumberland County is $31,300.… Read more »

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BrassCraft Manufacturing to Expand in Thomasville; Invest $13 million and Create 100 jobs

BrassCraft Manufacturing Co., a leader in the design manufacturing and distribution of plumbing products, will invest more than $13 million and create nearly 100 jobs to expand its manufacturing operations in Thomasville. “The Thomasville team is critical to delivering the quality and craftsmanship that plumbers and contractors have come to expect from BrassCraft products,” said… Read more »

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Boom Supersonic Selects Piedmont Triad for Superfactory

Boom Supersonic, the company building the world’s fastest and most sustainable supersonic airliner, announced plans to build the Overture Superfactory that will serve as its primary manufacturing and production site in Greensboro, N.C. The new facility, which will be located at Piedmont Triad International Airport (PTI), builds upon the state’s storied legacy of aerospace innovation,… Read more »

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Toyota To Build Battery Manufacturing Plant at Greensboro-Randolph Megasite

Toyota will build its first North American battery manufacturing plant for a new generation of vehicles in North Carolina, creating at least 1,750 jobs. Toyota will invest $1.29 billion at the Greensboro-Randolph Megasite. The new plant in Randolph County will initially produce batteries for Toyota’s hybrid electric vehicles, and intends to produce batteries for battery… Read more »

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Smart Pallet maker to invest $40 million, create 200 jobs in Davie County

Palltronics, the maker of the world’s first fully-trackable shipping pallet, has chosen Mocksville for its first manufacturing facility. The highly-anticipated pallets are already sold out for the first three years of production. The Michigan-based company has leased a new 253,000-square-foot industrial building in the SouthPoint Business Park on US 601 North and plans to invest… Read more »

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Bipartisan Infrastructure Bill Clears the Way for Future I-685 Interstate Designation in the Carolina Core

The Carolina Core is one step closer to adding another interstate shield to the region, thanks to language included in the Bipartisan Infrastructure Bill signed by President Joe Biden on Monday. Business and civic leaders within the region are partnering with local, state and federal officials to designate part of Highway U.S. 421 as a… Read more »

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Pharmaceutical manufacturer Cambrex plans High Point expansion

Pharmaceutical manufacturer Cambrex Corp. said Friday it will create 78 new jobs in High Point as part of a $30 million manufacturing expansion. Cambrex focuses on the small molecule sector that provides drug substance, drug product and analytical services across the entire drug lifecycle. With 40 years’ experience, Cambrex serves clients in North America and… Read more »

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Mohawk Industries Expanding in Davidson County

Mohawk Industries, a manufacturer of flooring products and accessories, will create 87 new jobs and invest $87 million to expand its laminate manufacturing facility in Thomasville. Mohawk Industries is a Fortune 500 leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. The company has operated in North Carolina… Read more »

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Woodgrain Inc. Saves 80 Jobs in Surry County

Woodgrain Inc., has acquired the assets of former mill operations owned by Independence Lumber Inc. of Elkin, saving 80 jobs with plans to create an additional 10 as it ramps up ongoing production. The company plans to invest an additional $1 million in new machinery and equipment over the next two years. Woodgrain Inc. makes… Read more »

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Precision Textiles to locate production facility in Troy

Precision Textiles, a global supplier of coated fabrics, nonwovens and laminates, will locate a manufacturing facility in Troy to better serve its customer base in the mattress industry. The Totowa, New Jersey-based company will employ 100 at the plant in Montgomery County and also operates a warehouse in Archdale. “This new factory will enable us… Read more »

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USPS to location new distribution facility in Cumberland County

Liberty Point Industrial Park in Hope Mills has its’ first tenant. The U.S. Postal Service has leased all of the first spec building in the master-planned Liberty Point and will operate a distribution center out of the 178,200 sq ft facility. Liberty Point is on Corporation Drive in a non-contiguous satellite area that was annexed… Read more »

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Nature’s Value Inc. to Invest $19 million and Create 183 Jobs in Forsyth County

Nature’s Value Inc., a global contract vitamin and dietary supplements manufacturer, that will create more than 183 new jobs in Forsyth County. The company will be expanding its manufacturing operations to Winston-Salem with an investment exceeding $19 million. Nature’s Value is a one of the nation’s leading producer of vitamins and dietary supplements. The New… Read more »

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Three Companies to Locate in High Point

Classical Elements Inc., M2C Studio & Leyla Gans LLC are locating in High Point. The three companies owned by Stuart and Leyla Gans will operate in the historic mill building and create approximately 30 jobs in the facility, which will serve as the headquarters location for all three companies. Classical Elements and M2C Studio are… Read more »

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Second Harvest Food Bank Holds Groundbreaking at Whitaker Park

Second Harvest Food Bank held a groundbreaking ceremony on the site of its future headquarters facility at Whitaker Park in Winston-Salem. The new, 139,192 square foot Second Harvest headquarters facility and accompanying technology will address space challenges and operational inefficiencies currently facing the Food Bank, which in 2009 was distributing 9 million pounds of food… Read more »

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Childress Technologies to Create 21 Jobs in Davidson County

Childress Technologies LLC, a new subsidiary of Richard Childress Racing Enterprises LLC, will open a plant in Davidson County to develop and manufacture engine components for the major manufacturers associated with NASCAR. The company will invest more than $192,000 to renovate a vacant 24,960-square-foot building in Lexington for the plant, which is expected to create… Read more »

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Liberty Storage Solutions Expanding in Davie County

Liberty Storage Solutions, which designs and manufacturers a range of products from simple storage buildings to elaborate man caves and she-sheds, will invest $8 million and expects to create 50 new jobs over the next three years with average annual wages of $47,500 plus benefits. This compares to the county’s average wage of $39,000. The… Read more »

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Kieffer Starlite Expanding in Mount Airy

Kieffer Starlite, a national sign builder is expanding its primary facility and consolidating its operations in Mount Airy. Kieffer Starlite performs graphics, welding fabrication, painting and electrical assembly production in the building, where it will be joined by thermoforming operations. The company employs 145, 35 in Mount Airy. The consolidation and expansion is expected to… Read more »

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Ardagh Group Expands in Forsyth County, to Add 94 Jobs

The Ardagh Group, a global manufacturer of sustainable beverage packaging, will invest $195 million and create 94 new jobs in Forsyth County to expand its largest US can manufacturing facility. The project will add 2 new high-speed can manufacturing lines at the facility on Old Milwaukee Lane along with additional building improvements. Today’s announcement represents… Read more »

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Specialty fabrics maker from Brazil announces expansion in High Point

A global maker of non-woven specialty fabrics headquartered in Brazil has announced it will invest $18 million to expand its manufacturing facility in High Point and create as many as 22 new jobs. Fitesa, whose North American headquarters is in Simpsonville, South Carolina, will install two new lines of machinery at its leased 204,172-square-foot building to make… Read more »

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PolarOnyx Relocates to Chatham County

PolarOnyx, a California-based advanced laser 3D manufacturing company, recently relocated to Chatham County from Silicon Valley. PolarOnyx will take over the 142,000 sq ft former Performance Bicycle building off U.S. Highway 15-501 to accommodate production and workspace for employees. Founded in 2002, PolarOnyx designs, develops, and manufactures products for the medical industry, defense and aerospace… Read more »

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Amazon Expands in Fayetteville

An Amazon delivery station is coming to Fayetteville and with it comes hundreds of jobs. The jobs will pay a starting wage of $15 per hour and offer benefits on the first day of employment. “Amazon is excited to expand operations into Cumberland County, North Carolina, investing in a new delivery station in Fayetteville,” said… Read more »

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NC Ranks Among Top States in Competitive Corporate Taxes

North Carolina ranks among the nation’s best-performing states overall in a study comparing state corporate tax costs across the country, according to a Tax Foundation report. The distinctive study modeled eight different types of new and mature firms and analyzed what each would pay in state and local taxes in each state. North Carolina ranked… Read more »

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CEO Survey Ranks NC as a Top 5 State for Business

North Carolina now ranks No. 4 among the nation’s top-performing states in the 2021 Best and Worst States for Business survey conducted by Chief Executive magazine. For the latest report, Chief Executive surveyed 383 CEOs across the country in March about their opinions of all 50 states. “Our top-tier ranking in the Chief Executive magazine… Read more »

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NOA Living to Repurpose 128-year-old Burlington building

The old Lakeside Mill in Burlington is coming back to life in Burlington. The building, which dates to 1893, was chosen by NOA Living, a Raleigh-based furniture and design company has for its new showroom and production facility. The company focuses on repurposing old materials and turning them into hand-crafted furniture, carpets, and accessories. Now,… Read more »

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Hayward Holdings Announces Corporate Relocation To North Carolina

Hayward Holdings, Inc. (NYSE: HAYW) a global designer, manufacturer and marketer of a broad portfolio of pool equipment and associated automation systems, will relocate its corporate office functions to North Carolina from Berkeley Heights, New Jersey. Hayward will move its senior leadership team, corporate human resources, US sales leadership, corporate finance and other strategic functions… Read more »

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Hem Mills Moving to Burlington

Hem Mills, maker of knitted fabrics, woven fabrics and elastics out of hemp and natural fibers will be moving to Burlington. The company plans to invest $20 million in an 80,000-square-foot facility in the Burlington area. She has not yet finalized a site, but has narrowed her search to two undisclosed locations. The new site… Read more »

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Syngenta planning to expand Greensboro headquarters

Global provider of agricultural science and technology Syngenta along with Greensboro and state officials announced Tuesday the Greensboro site plans to expand. The company plans to expand its location on South Swing Road, a 70-acre facility housing 650 employees, and 100 contractors. According to Vern Hawkins, president of Syngenta Crop Protection, LLC, the expansion and… Read more »

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Chatham-Siler City Advanced Manufacturing Site Ready for Occupants

The Chatham-Siler City Advanced Manufacturing (CAM) Site, a 1,802-acre industrial megasite in western Chatham County, is ready for heavy industry companies to move in. The megasite is not completely functional, but everything left to do must follow company commitments to build at CAM. “Sewer is the biggest thing,” said CAM site owner Tim Booras., adding… Read more »

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Hot Shots Distributing Moving to High Point

Hot Shots Distributing, Inc., a distributor of hot sauce and fiery food products to large and small retailers, boutiques, and gift stores, has announced plans to invest $565,000 in a new distribution and manufacturing operation in High Point. Matt Heald, vice president, added, “High Point has an attractive real estate market that is perfectly suited… Read more »

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Stokes County Company Expanding

Machine & Welding of Danbury a family-owned and operated company established in 2013, is investing approximately $3 million in a new 37,500-square-foot building where it will relocate its manufacturing operations from its current 8,500-square-foot facility. The company is a manufacturer specializing in making steel components for cell towers and transformer platforms for utility poles. The… Read more »

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Forsyth Tech Receive $5 million Department of Labor grant

Forsyth Technical Community College has been awarded $5 million from the Department of Labor grant to support community colleges in advancing career pathways in manufacturing to meet employers’ demand for more skilled workers. Forsyth Tech will lead a consortium of eight community colleges across the Piedmont Triad in a project called Aligning the Workforce Education System for Manufacturing. Joining with Forsyth Tech… Read more »

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Business Facilities magazine names North Carolina its “2020 State of the Year”

Business Facilities, a national publication serving corporate site selectors, has named North Carolina its “2020 State of the Year,” recognizing NC’s success in winning projects that create capital investment and new jobs. “North Carolina is leveraging its advantages ― including a prime logistics location, a steadily expanding skilled workforce and impressive higher education resources ―Read More...

IndustryWeek: Manufacturing Marches On

Ramping Up Production in North Carolina Our final stop moves south, to Lexington, North Carolina, which recently became home to EGGER Group’s 20th manufacturing plant. It is also the Austrian company’s first site in North America, developed to better serve the U.S. market. Here the manufacturer will produce both raw particleboard as well as thermally… Read more »

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Chick-Fil-A Creating 160 Jobs, $52 Million Investment in Carolina Core

Chick-fil-A’s new facility in Alamance County, scheduled to open in early 2022, is the company’s first permanent, full-scale distribution center outside of its headquarters location. According to Chick-fil-A Supply’s senior director, the Carolina Core “provides great access to talent and is in close proximity to major transit routes, enabling us to best serve our customers: Chick-fil-A franchised operators, licensees, and… Read more »

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Publix announces expansion of east Greensboro distribution center

As site work continues on its 350-acre campus in east Greensboro, Publix has already announced an expansion to its 1.8 million-square-foot perishable foods distribution center in East Greensboro. The employee-owned company based in Lakeland, Florida, broke ground on its $400 million first phase in February at the site it acquired off U.S. 70 east of… Read more »

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UPS To Invest More Than $316M In North Carolina; Add 592 Jobs

UPS logo

UPS will undertake a significant expansion to its North Carolina presence with the addition of 592 jobs in Guilford and Alamance counties, otherwise known as the Carolina Core. The the multinational package delivery and supply-chain management company plans to invest a total of $316.4 million at two sites over the coming four years. “UPS appreciates the… Read more »

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Purina Adding 300 Jobs in Carolina Core

Nestlé Purina PetCare is investing $450 million to transform a former brewery in the Carolina Core into an innovative, technically advanced pet food manufacturing facility. The 1.3 million-square-foot facility in Eden, North Carolina will employ more than 300 people. The company, which also considered sites in Ohio and Kentucky, chose the Carolina Core for its strong workforce and available real… Read more »

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Prepac Manufacturing Investing $27.1M, Adding 201 Jobs

Canada-based Prepac Manufacturing Ltd., a North American manufacturer of Ready-to-Assemble furniture will invest $27.1 million to locate its new 260,000 square foot east coast furniture factory in Whitsett, North Carolina. The company plans to create 201 jobs in Guilford County. “When we started evaluating potential locations for our new east coast factory there were several good… Read more »

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Wake Forest Baptist launches drone medical delivery service

Wake Forest Baptist Medical Center launched a drone delivery service recently with UPS for time- and temperature-sensitive medical supplies, as well as personal protective equipment. The initiative involves UPS subsidiary UPS Flight Forward and iQ Healthtech Labs, which is based in downtown Winston-Salem’s Innovation Quarter. Read More…

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Triad fabric maker surpasses plastic-to-fabric recycling milestone

In 2017, Greensboro-based Unifi (NYSE: UFI) set a goal of transforming 20 billion plastic bottles into synthetic yarns. On Thursday, the fabric maker announced it has exceeded its goal through its REPREVE platform of recycled performance fibers, which has been adopted by more than 500 global brand and textile partners. This milestone is the equivalent… Read more »

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California manufacturer Through6 to bring 160 jobs to Lee County

Through6, an apparel design and manufacturing company based in California, will open a facility in Lee County that will eventually employ 160 people, according to the Sanford Area Growth Alliance. The company plans to open the operation in phases, with a total investment of $2 million, according to a news release. Read More…

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Furniture maker looking to add 100 employees at Triad facility

Ashley Furniture Industries is seeking more than 100 full-time associates at its Advance manufacturing, distribution and fulfillment facility in Davie County. The company is looking to fill the positions as soon as possible in order to meet the increased demand in sales of home furnishings. Read More…

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Innovation Quarter launches healthtech lab initiative

Innovation Quarter aerial

Winston-Salem’s Innovation Quarter has announced the establishment of iQ Healthtech Labs, a physical and virtual hub for developing partnerships and breakthrough ideas within and through the iconic innovation district. The goal of iQ Healthtech Labs is to reduce the time frame of taking healthtech solutions from idea to the marketplace by creating collaborations between Innovation… Read more »

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Publication ranks Triad MSA as sixth best for corporate facility investments

Kontoor Brands Headquarters North Carolina

The Greensboro-High Point metropolitan area has been ranked the sixth best in the country for corporate facility investments in similar-size markets by Site Selection magazine. The ranking comes in the category with a population between 200,000 and 1 million. The Greensboro-High Point metropolitan statistical area is comprised of Guilford, Randolph and Rockingham counties. Read More…

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Audentes Therapeutics Unveils $110M, 209-Job Gene Therapy Facility in Sanford

[Note: The company’s name was officially changed March 31, 2021 to Astellas Gene Therapies.] Audentes Therapeutics, a San Francisco gene therapy company, is joining other leaders in the highly specialized field by sticking a manufacturing sword in North Carolina soil. Audentes, which was purchased in January by Tokyo-based Astellas Pharma Inc., will establish a $109.4… Read more »

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Industrial manufacturer marks official opening of High Point operations

Amada corporate leaders, elected High Point officials and economic development professionals and were on hand Friday for the official ribbon cutting and ceremony start-up of the company’s manufacturing operations. Amada is the latest foreign investment win for High Point. In November, Netherlands-based coatings company AkzoNobel announced a 500,000-square-foot, $55 million expansion of its manufacturing facility. In October, High… Read more »

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Greek company to create new jobs in east Greensboro

Growth and expansion are happening for east Greensboro.   A company based out of Greece called Systems Sunlight, a battery-making company, announced its plans to call east Greensboro its home. They plan to invest nearly $7 million and create 46 jobs ranging from manufacturing to assembly. Read More…

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Forsyth County Job Growth on the Rise

Job growth in Winston-Salem Forsyth County is on the rise. Reports from The Bureau of Labor Statistics show the metro area added more than 10,000 jobs over the last two years. That’s better than similar metro areas in the U.S., including Charlotte and Atlanta. “I feel it’s our entire economy chipping in and at the… Read more »

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North Carolina’s PTI Airport targets aerospace, logistics

HondaJet assembly line

It must have been music to the ears of economic development and airport folks in the Greensboro-High Point area of North Carolina. Over the summer, Honda Aircraft Company announced groundbreaking on an expansion of its facility at Piedmont Triad International Airport in Greensboro. The expansion will allow a major increase in production at a factory… Read more »

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Ox Bodies will open High Point plant in October

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 »

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Honda Power Equipment marks 35 years with $46.5 million expansion, new product announcements

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 »

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Study: NC is 7th best state for aerospace manufacturing

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 »

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Forsyth Tech breaks ground on new aviation tech lab

A recent study commissioned by Smith Reynolds Airport in Winston-Salem suggested the airport would be in a position to attract more aviation-related companies if the community could deliver more workers trained in aviation maintenance and avionics. That potential outcome resulted in an approved $16 million Forsyth County bond referendum, culminating in Wednesday’s ceremonial groundbreaking for… Read more »

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American Airlines Features the Carolina Core in In-Flight Magazine

The 32-page special feature appears in American Way magazine, the in-flight publication available in your seatback on every American Airlines plane globally. The Spotlight featured section in American Way highlights communities and cities around the world. July’s edition promotes the Triad and Carolina Core, focusing on economic development, education, manufacturing, medicine and innovation, and more.… Read more »

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Businesses, research, residential living come together as Wake Forest Innovation Quarter continues to grow

As Wake Forest Innovation Quarter continues to take shape as a hub of activity where people work, live, learn and play, its officials are exploring this urban-based innovation district’s next phase of development. “The fact that there’s stuff under construction all the time makes it a little more complicated, but we’re working through that and… Read more »

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More than 100 pharmaceutical jobs coming to Harnett County

India-based KriGen Pharmaceuticals plans to bring more than 100 jobs to Lillington. The company announced Wednesday it will convert one of the former book factory’s three buildings on Edwards Brothers Drive into a pharmaceuticals plant that will make medical IV bags and liquid injectables. Read more…

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‘Project Slugger’: New office tower to break ground outside Greensboro ballpark

Construction will soon begin on Greensboro’s first new downtown office tower in decades, all a part of “Project Slugger.” Front Street Capital announced plans for a groundbreaking on Thursday in the outfield of First National Bank Field, home of the Greensboro Grasshoppers. The 9-story, 110,000-square-foot tower  will stand at the corner of Eugene Street and… Read more »

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SunTrust to relocate mortgage leadership team from Virginia to Greensboro as part of planned BB&T merger

The planned merger of regional banks BB&T Corp. and SunTrust Banks Inc. will result in some management jobs for the combined company being moved out of the Richmond region to Greensboro. SunTrust confirmed last week that it plans to locate the leadership team for the combined company’s mortgage business in Greensboro, which will mean relocating… Read more »

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Regional leaders want U.S. 421 designated as future interstate

U.S. 421 will be an interstate highway if Piedmont Triad leaders have any say in the matter. It’s part of an effort to provide another asset to the marketing of the region for economic development, according to Jed McMillan of the Piedmont Triad Partnership. McMillan appeared before the Randolph County Board of Commissioners on Monday… Read more »

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Burlington lands ‘Project Fiber,’ bringing new HQ and 33 new jobs to Triad

National OnDemand, a provider of installation and construction services for the broadband and telecommunications industries, has selected downtown Burlington for its headquarters. The company will create 33 jobs with an average salary of $70,455 over two years. The N.C. Rural Infrastructure Authority approved a grant of $312,500 to support the reuse of the vacant former… Read more »

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New state laws bring tax breaks, other changes in 2019

Aerial of highway

The final phase of the 2013 tax overhaul takes effect in tax year 2019. The state’s personal income tax rate will drop from 5.499 percent to 5.25 percent, while the corporate tax rate sees a bigger decline, from 3 percent to 2.5 percent, the lowest rate in the country among states that impose a corporate income tax.

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More than 8,500 jobs announced in 2018

Carolina Core

The Carolina Core experienced major jobs announcements and increasing momentum in 2018 with more than 8,500 jobs announced, according to a press release from the Piedmont Triad Partnership.

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Twitter

The #CarolinaCore is home to the best hospital in NC!

Moses Cone Hospital was ranked T1 by @BusinessNC based on patient-satisfaction surveys, infections, readmissions & mortality rates for common procedures. @ConeHealth

@greensborocity @gsochamber

https://bit.ly/3ZjGct2

Alamance Community College's $26.1 million Biotechnology Center of Excellence is open!

The professors and faculty at the new #biotech building are preparing and training the next generation of #healthcare workers right here in the #CarolinaCore!

https://bit.ly/3z7y30a

NC has the third best state climate for #aerospace #manufacturing in 2022!

@PwCUS attributes this to improved cost structure & infrastructure quality which have led #aerospace manufacturers like @hondajet & @boomaero to select the #CarolinaCore as home.

http://bit.ly/3lMo7pU

🚨 GIVEAWAY 🚨

We're working in conjunction with @CarolinaCore_FC to give away one free hat this week!

Winner will be announced on this weekend's show.

Details on how to enter below 👇

#NCSoccer #CarolinaCore

'We're super excited about it': Wolfspeed CEO ready to welcome President Joe Biden @NCCarolinaCore #CarolinaCore https://abc11.com/durham-wolfspeed-president-joe-biden-visit/13016228/

In 2022, NC was ranked the top state for business by @CNBC with building, electricity & living costs below the national average.

NC is also the third fastest-growing state with new members of the workforce arriving every day in the #CarolinaCore!

http://bit.ly/3JFcJW4

The Greensboro-High Point area has been ranked 8th in the top-10 of @SiteSelection's mid-tier metros with 27 #econdev projects planned.

The #CarolinaCore's @VinFastUS & @Wolfspeed projects were also ranked in the top-10 of individual project categories.

http://bit.ly/3ZIDdLM

BREAKING: @SiemensMobility will invest $220 million to build an eastern U.S. rail car manufacturing facility in @CityofLexington. The project will create 500+ new jobs and will be supported by a $32.8 million incentive package.

The #CarolinaCore is moving full steam ahead! 🚂

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Burlington's city council approved $2.2M in subsidies for a new aviation center that @Labcorp plans to develop at @FlyBurlingtonNC.

LabCorp will construct the 54K sq. ft. facility on 7 acres of land. #econdev #CarolinaCore

@BurlingtonNC
@alamancechamber

http://bit.ly/3J41HcI

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