Category Archives: News

Leaders from the Carolina Core region gathered to celebrate the upcoming designation of Interstate 685, marking a significant milestone for regional transportation and economic development. The event featured the unveiling of a sign commemorating the future interstate designation. Local officials highlighted the potential benefits of improved connectivity for businesses and communities, emphasizing how the new interstate will enhance trade and attract investment. The initiative is seen as a crucial step in bolstering the region’s infrastructure and supporting its growth objectives.

https://bizfayetteville.com/more-news/2024/5/21/carolina-core-leaders-celebrate-future-interstate-685-designation-with-sign-unveiling/3028

John Deere, a manufacturer of heavy equipment and machinery, will invest about $70 million to build a new 380,000-square-foot factory in Kernersville, an expansion of its John Deere Kernersville campus. The factory will produce small, 6 to 10 metric ton, excavators and is expected to add about 150 new jobs. Currently, about 600 salaried and production employees work at the Kernersville campus. Construction of the new Deere factory is expected to begin in late 2024.

“Kernersville has been an ideal location for John Deere for more than 35 years,” says Steve Brewer, General Manager, John Deere Kernersville. “We are excited to further invest in our future generation excavator portfolio and grow our engaged team.”

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 goods. Walmart is expected to break ground in June 2024. The Mebane Distribution Center opened in 2016. The combined footprint will exceed one million square feet.

https://www.connectcre.com/stories/walmart-adding-600k-sf-to-mebane-distribution-center/

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 and artists. The company has also opened its new 6,000 sq ft logistics hub just minutes away from its downtown headquarters.

7 Cinematics produces concert films, live-music broadcasts and livestreams sent around the world. They have worked with artists including Red Hot Chili Peppers and KISS. The move will allow the company to centralize operations and maintain its nearby warehouse/logistics hub filled with production equipment.

“A permanent home in Greensboro gives our team more – more time to do what we do best, more creative freedom, more artistic merit and more lifestyle amenities at an affordable price,” said Adam Paul, founder and CEO of 7 Cinematics, he continued, “I’ve had the good fortune to work in cities like Nashville, Denver and Los Angeles and to travel around the world, but it is a dream come true to bring our growing business back home to North Carolina.”

https://myfox8.com/news/north-carolina/greensboro/emmy-winning-production-company-moving-headquarters-to-greensboro-triad-stage-building/