Category Archives: News

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 full supply chain services. Technimark provides clients with customized, end-to-end packaging solutions that improve quality, reduce risk, lower costs and speed products to market.
“We’re excited to expand our healthcare manufacturing capabilities at our Asheboro headquarters,” said Brad Wellington, Technimark’s President and CEO. “The commitment and support we have received from the State of North Carolina has been invaluable to making this expansion a reality, allowing us to create more well-paid jobs for the dedicated workforce in Randolph and surrounding counties.”
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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 by the company will sit 250 miles above the surface of the Earth, meaning that the research conducted on the space station “will be free from the constraints of gravity, providing great potential and benefits.”

“This partnership paves the way for an entire commercial industry on board Axiom’s space station that will enable our scientific research teams to advance biomanufacturing to bring new treatments that cannot be developed on Earth and treatments for conditions that affect the human body when exposed to the harsh environment of space travel,” said Dr. Anthony Atala, the director of WFIRM. “We can literally take the regenerative medicine field to a whole new level.”

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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 the Fall. The facility will feature a 501-kilowatt solar system consisting of more than 1,100 panels. That investment alone is expected to provide 75% of the total power use for the facility.

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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 projected to be based in the Triad. When the hiring is completed, Truliant will have about 920 employees, including about 720 in the Triad.
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