Skip to main content

JetZero Selects the Piedmont Triad International Airport for $4.7 Billion Production Facility, Creates 14,560 Jobs

JetZero, a breakthrough aviation company, will invest more than $4.7 billion and create 14,560 jobs in Guilford County to build its first commercial airplane manufacturing facility at the Piedmont Triad International Airport (GSO). This is the largest economic development project in North Carolina history based on job commitment.

The company plans to break ground on the facility in the first half of 2026. The company’s Z4 planes are equipped with seating for 250 passengers, at up to 50% better fuel efficiency than today’s commercial tube & wing jets. JetZero plans to have its first commercial airplanes delivered by the early 2030s. The company’s headquarters will officially move from Long Beach, CA to Greensboro once the site is operational.

“North Carolina offers the ideal combination of talent, infrastructure, and forward-thinking leadership to support our mission to reshape aviation,” said Tom O’Leary, CEO and co-Founder of JetZero. “This facility is a critical milestone in bringing our all-wing Z4 to market. I applaud the leadership of Governor Josh Stein and his team as well as the leadership of the North Carolina General Assembly, and whole host of local leaders and organizations for working with us to bring JetZero to North Carolina, the birthplace of aviation.”

Read more…

Torvan Medical Chooses High Point; Invests $15 Million, Creates 35 Jobs

Torvan Medical, a Canadian medical equipment manufacturing firm specializing in ergonomic decontamination equipment, has announced a new manufacturing facility in High Point, North Carolina. Torvan Medical will invest $15 million and create 35 new jobs at 4500 Green Point Drive.

Founded in 2009 and headquartered in Mississauga, Ontario, Canada, Torvan Medical is a leader in the design and manufacturing of equipment for medical and scientific workspaces. They provide both custom and ready-made products, including endoscope cabinets, heigh-adjustable workstations and reprocessing sinks. The company’s new facility will house its U.S. Headquarters, research and development, training, manufacturing, assembly and distribution operations.

Read more…

Polyvlies USA Expands in Winston-Salem; Invests $31 Millions, Creates 28 New jobs

Polyvlies USA, a nonwoven textiles company, will expand in Winston-Salem; the company has purchased a greenfield site in Union Cross Business Park for a new facility where it will spend $31 million in capital investment and create 28 new jobs. The company currently operates a textile manufacturing facility on Business Park Drive

Polyvlies is a global leader in needle punched nonwoven fabrics with a variety of innovative product lines. The company has grown from a family-owned company established in Germany more than 170 years ago. Today it employs about 500 people and operates at several locations in Europe as well as in Winston-Salem. The company produces material for the automotive, geotextiles, agricultural, and construction industries.

“Winston-Salem has been an excellent home for our North American operations since 2014, providing the business climate, workforce, and infrastructure that allow us to grow. Our expansion at Union Cross Business Park is a testament to the confidence we have in this region and its ability to support our needs now and in the future,” says Axel Hinrichs, CEO of Polyvlies USA.

Gillespie Precast Chooses Randolph County; Creates 39 Jobs, Invests $10 Million

Gillespie Precast will establish a new manufacturing plant in Randolph County that will create 39 jobs. The company, a leading producer of custom precast concrete, will invest $10 million in Asheboro. Gillespie Precast is a fifth-generation family-owned company with headquarters in Chestertown, Maryland. It manufactures a wide range of concrete products used in different industrial applications, such as box culverts, utility vaults, and custom walls. The company will establish a manufacturing operation in Asheboro to produce precast concrete wet and dry utility vaults, manholes, catch basins, box culverts and other custom structures. The new facility will allow the company to better serve customers in northeast, mid-Atlantic, and southern markets in North America. Although wages will vary depending on the position, the average salary for the new jobs will be $64,154. The current average wage in Randolph County is $49,355.

https://www.commerce.nc.gov/news/press-releases/2025/04/17/governor-stein-announces-39-jobs-concrete-manufacturer-selects-randolph-county-new-plant
logo