Excel Interior Door, LLC, a manufacturer of residential doors, will create at least 37 new jobs as it relocates its headquarters to Forsyth County. The company will invest $10.5 million to establish its administrative offices and a new manufacturing facility in Winston-Salem. Excel Interior Doors manufactures high-quality interior doors for single- and multi-family homes. With… Read more »
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Nucor Rebar Fabrication, a leading fabricator of concrete reinforcing steel, will create 25 new jobs and invest more than $20 million to establish a new rebar fabrication facility in Davidson County. Nucor Rebar Fabrication, an affiliate of Nucor Corporation, is a construction services company that fabricates, installs, and distributes rebar to a variety of infrastructure… Read more »
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Walmart plans to build a second distribution center in Mebane, NC and create 450 jobs. The facility will be 599,006 sq ft and will be built in front of, to the west and right of, the existing Walmart distribution center, which is 460,000 sq ft. The new facility will be a distribution center for dry… Read more »
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7 Cinematics, a production company that has won multiple Emmys, is relocating its headquarters, production and warehouse facilities from LA and Nashville to Greensboro. The company has taken space in the former Triad Stage building in downtown Greensboro and is finalizing construction for its offices, state-of-the-art editing suites and a high-end screening room for clients… Read more »
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Innovative Construction Group, LLC, an off-site construction services company serving developers, general contractors, and professional builders, plans to establish a new manufacturing facility in Chatham County and the Town of Siler City. The company plans to make a capital investment of approximately $39.8 million which will create as many as 157 jobs over the next… Read more »
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Divert, a Massachusetts-based food-waste company has purchased 28 acres in Lexington for $1.3 million to build a facility that will employ as many as 50 workers. The company plans to build a food diversion and energy facility on the site. Divert was founded in 2007 and to date has processed 2.6 billion pounds of wasted… Read more »
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Posted on February 28, 2024
Drylock Technologies, a leading manufacturer of hygiene products, will invest more than $26.9 million to establish its first U.S. baby care production facility and create 113 new jobs in Rockingham County. Based in Belgium, Drylock Technologies has produced private label absorbent baby, feminine, and adult care hygiene products for more than a decade with nine… Read more »
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Posted on February 27, 2024
Kyowa Kirin, a global specialty pharmaceutical company headquartered in Japan, will invest $200 million to establish a new pharmaceutical manufacturing complex in Lee County, creating 102 new jobs. The new complex in Sanford will serve as a Center of Excellence to support the manufacturing of biologic products for targeted clinical and commercial use, expand the… Read more »
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Posted on February 13, 2024
Andrews High School hosted an Aviation Career Day for middle school students from Guilford County to learn more about the different career opportunities in aviation. Students could participate in hands-on activities, such as flight simulators and drones, and interact with representatives from the Piedmont Triad’s largest employers in aviation including Boeing, Honda Jet, HAECO and… Read more »
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Posted on November 28, 2023
Dai Nippon Printing Co., Ltd. (DNP), a lithium-ion battery pouch manufacturer, will create 352 new jobs in Davidson County. The company will invest $233 million to build its first U.S. advanced manufacturing facility in the City of Linwood. DNP manufactures lithium-ion battery pouches for electric vehicles. The durable yet soft, flexible plastic packaging material will… Read more »
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Posted on October 31, 2023
Toyota will invest an additional $8 billion in its first North American electric vehicle battery manufacturing facility, adding another 3,000 jobs. The project, called “Toyota Battery Manufacturing North Carolina” was initially a $1.29 billion investment announced in 2021 with expansions in 2022 and 2023 and is now valued at $13.9 billion. The project will create… Read more »
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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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Posted on September 9, 2022
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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Posted on August 22, 2022
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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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 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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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 »
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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 »
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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 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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The City of High Point plans to purchase a former industrial property and redevelop it into a “small-scale manufacturing” hub for southwest High Point. The City Council has authorized the purchase of 300 Oak St., a former Harriss & Covington hosiery plant and a current furniture showroom, along with a vacant 1.3-acre lot across the… Read more »
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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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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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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 »
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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… Read more »
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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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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, 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 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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Posted on February 23, 2022
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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Posted on February 18, 2022
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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Posted on February 8, 2022
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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Posted on February 2, 2022
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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Posted on February 2, 2022
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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Posted on January 27, 2022
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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Posted on January 4, 2022
1/4/22 Young Door Company, a new manufacturing firm will open in Pilot Mountain. The company will eventually invest more than $3 million and create up to 40 jobs. The company will produce interior doors that will be sold at home improvement stores and other retailers where millwork is sold. “Tom [Brown] and I are very… Read more »
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Posted on December 16, 2021
LT Apparel Group, a leading manufacturer of childrenswear apparel is expanding operations in North Carolina with an investment of at least $57 million in Greensboro. The company’s project will add a minimum of 116 new jobs to the community and will help increase industrial capacity at the Reedy Fork Corporate Park. The company’s new jobs… Read more »
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Posted on December 6, 2021
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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Posted on November 18, 2021
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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Posted on November 18, 2021
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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Posted on November 1, 2021
North Carolina ranks as the nation’s top state business climate in 2021, claiming the lead position for the second year in a row, according to Site Selection magazine. North Carolina held the No. 2 spot in Site Selection magazine’s annual ranking for five consecutive years before rising to the top spot in 2020 in a… Read more »
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Posted on October 1, 2021
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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Posted on September 29, 2021
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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Posted on September 1, 2021
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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Posted on August 24, 2021
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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Posted on August 21, 2021
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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Posted on August 10, 2021
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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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 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 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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North Carolina is No. 2 on CNBC’s “America’s Top States for Business,” its best performance in the annual ranking since it was introduced in 2007. The CNBC study puts all 50 states to the test, grading them on more than 85 different metrics in 10 key categories of competitiveness. North Carolina ranked particularly well in… Read more »
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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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Duke Energy has started construction on its 22.6-megawatt Stony Knoll Solar power plant in Dobson which is expected to open by the end of 2021. The facility will power the equivalent of 5,000 homes. Once completed, the plant is expected to create about 70 jobs and will also increase local tax revenues for Surry County… Read more »
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An Alabama-based commercial equipment provider and servicer to a variety of industries will expand its operation near Mount Airy by adding 100,000 square feet and creating 100 new jobs, the company announced on Friday. Altec Industries Inc. has finalized an agreement with the Surry Board of County Commissioners on a deal that will bring state… Read more »
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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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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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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, 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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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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DC BLOX, a provider of interconnected multi-tenant data centers that deliver the infrastructure and connectivity essential to power today’s digital business, announces that the company has acquired land in High Point, North Carolina with plans to construct the first highly secure, Tier III data center in the Carolina Core / Piedmont Triad region which includes… Read more »
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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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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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Puroast Coffee Co. Inc., a coffee roasting company, is relocating its headquarters from Woodland, California to High Point. The company has leased a 36,000-square-foot building at 905 W. Market Center Drive, where it plans to invest more than $1.5 million and create 44 jobs over the next two years with plans for growth beyond that.… Read more »
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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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Abzena, a life-sciences group headquartered in San Diego, California with other sites across the US and Europe, will open a new facility in Lee County, Governor Roy Cooper announced Tuesday. The company plans to locate in the 117,000 square foot Shell Building #2 in Central Carolina Enterprise Park and will create 325 jobs at an… Read more »
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Matthews Specialty Vehicles is celebrating the opening of their new facility at 211 American Ave and the creation of 50 new jobs. The company designs and manufactures vehicles for a variety of uses such as mobile healthcare, blood collection and education, as well as for mobile dental services and mammography screening. The company is currently… Read more »
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Two major Piedmont Triad International Airport tenants are adding employees. HAECO Americas, one of the world’s largest providers of aircraft maintenance and repair services, plans to hire an additional 150 to 200 people to fill a need for aircraft mechanics. “The FedEx Express Mid-Atlantic Hub at PTI has recently added approximately 350 new employees to… Read more »
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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, 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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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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Posted on February 24, 2021
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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Posted on February 8, 2021
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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Posted on February 5, 2021
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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Posted on January 27, 2021
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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Posted on January 5, 2021
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...
Posted on December 22, 2020
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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Posted on December 1, 2020
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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Posted on November 2, 2020
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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Posted on October 13, 2020
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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Posted on October 1, 2020
Thomas Built Buses’ electric school bus took home top honors at NC Chamber. The HondaJet Elite and Caterpillar Compact Track Loader, both produced in the Carolina Core, were also among the finalists. Read More…
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Posted on September 30, 2020
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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Posted on September 24, 2020
The global manufacturer plans to invest $700M and create 770 jobs in the Carolina Core over the next 10 years. Read More…
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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 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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The city of Greensboro will on Tuesday consider incentivizing two very different projects, one that would create 141 supply chain jobs and another that would help along a long anticipated grocery project in a food desert. Read More…
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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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Propella Therapeutics, a development-stage venture focused on accelerated approvals of therapeutics with what it calls “mitigated risk,” now calls Pittsboro home. Read More…
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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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A manufacturer of diaper and feminine hygiene products will bring $96 million in capital investment and 403 new jobs to Rockingham County in the coming months, according to economic development officials and the CEO of the Belgium-based Ontex Group, Charles Bouaziz. Read More…
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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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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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North Carolina A&T will partner with Purdue and Georgia Tech to research urban air mobility methods. Read More…
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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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Posted on February 18, 2020
[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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Posted on December 19, 2019
…A strong outlook, however, was not enough (for Texas) to outpace North Carolina, which has the best business climate in the U.S. and tops our ranking for the third year in a row… North Carolina ranks in the top third in all six categories. It gets highest marks for its regulatory environment (including a Aaa… Read more »
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Posted on December 11, 2019
Good news, job-seekers – the Triad’s looking to hire! Companies like The Fresh Market, Centric Brands, and Amada America made recent headlines, expanding operations and adding more jobs in our area. The jobs are coming – and a new survey shows the trend will likely continue. An article in Forbes points to a quarterly study… Read more »
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Posted on December 9, 2019
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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Posted on December 9, 2019
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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Posted on November 21, 2019
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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Posted on November 20, 2019
Residential and commercial coatings manufacturer AkzoNobel on Friday marked the official groundbreaking of a 500,000-square-foot, $55 million expansion of its 37-acre, nine-building campus in High Point. Marking its 100th year in 2019, the High Point location manufacturers wood coatings primarily for the furniture industry. Learn More…
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Posted on November 13, 2019
Winston-Salem Mayor Allen Joines announced a new program Wednesday that will allow local high school graduates who can’t afford the cost of Forsyth Technical Community College to attend for free. Read More…
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Posted on October 22, 2019
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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Posted on September 11, 2019
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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Posted on August 21, 2019
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…
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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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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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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 »
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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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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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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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Wake Forest Innovation Quarter is one of six innovation districts around the world to be selected to steer the Global Institute of Innovation Districts. Read more…
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The Pella Corporation is coming to Rockingham County and bringing with it 124 new jobs to the area. The Pella Corporation is a leading manufacturer of window and door products for both homes and businesses. Read more…
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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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“The City of Arts and Innovation” has been one of North Carolina’s most progressive metropolitan areas over the past few years due to its revitalized Innovation Quarter featuring the state’s top biomedical research and technology park. And with historic Old Salem and art galleries galore, the walkable downtown area even landed on Forbes‘ list of… Read more »
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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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Amazon confirmed Wednesday it will begin operating a 1 million-square-foot fulfillment center in Kernersville in 2020 with about 1,000 full-time and full-time- equivalent employees. Read more…
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The company will lease 50,000 square feet at the Gateway Building on South Elm Street downtown. Read more…
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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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The manufacturer of very light jets will build a new wing assembly center at its 133-acre campus. Read more…
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Drivers will soon see signs for “Carolina Core” along U.S. 421. The Department of Transportation will put the signs up in the next 30 days. Read more…
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The Carolina Core took another step in regional branding with an announcement on April 16 that included collective marketing of such assets as the Greensboro-Randolph Megasite and unveiling new highway signage. Read more…
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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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The Greensboro-High Point area is once again among the top 10 metros in the nation for economic development. Atlanta-based Site Selection magazine ranked the area 8th among metro areas with a population between 200,000 and 1 million. Read more…
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While the “Carolina Core” is made up of a broad swath of land, people and facilities across central North Carolina, its proprietors see it as a strategy, a strategy designed to bring employers to the middle of the state. “It’s strategic in its own right,” says Stan Kelly, president and CEO of Piedmont Triad Partnership… Read more »
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Posted on February 27, 2019
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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Posted on February 21, 2019
An expansion by Aetna at its High Point operations is expected to bring 300 new jobs by the end of 2020. Gov. Roy Cooper made this announcement Thursday at a ceremony at the High Point Municipal Building. Read more…
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Posted on February 21, 2019
Don’t be surprised if in the months ahead you notice a little something different as you cross from one county into another along U.S. 421 through the Triad and southeast toward Sanford and Fayetteville. Read more…
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Posted on January 7, 2019
Dramatic growth in cargo shipments from the FedEx Express hub at Piedmont Triad International Airport has made the airport the leader in cargo for all of the state’s public airports, a new report from the N.C. Department of Transportation shows.
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Posted on January 2, 2019
Cook Medical said Wednesday it has completed purchasing an 850,000-square-foot section of the former Whitaker Park manufacturing complex in Winston-Salem.
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Posted on December 31, 2018
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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Posted on December 29, 2018
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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Posted on November 28, 2018
North Carolina has the best business climate in the U.S. and tops Forbes’ Best States for Business ranking for the second straight year.
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Posted on August 29, 2018
Publix Super Markets will build a $400 million distribution center in Greensboro, a project expected to create more than 1,000 jobs with an average salary of $44,000.
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Posted on August 16, 2018
The FedEx Express Mid-Atlantic air Hub at the Piedmont Triad International Airport is expected to double its workforce over the next several months and has already begun recruiting the 400 new employees.
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