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Cascade Die Casting Group Expands in High Point; Creates 43 Jobs and Invests $8 Million

Cascade Die Casting Group, an advanced manufacturer specializing in aluminum and zinc die casting, will expand its existing operations in High Point. The company will invest a minimum of $8 million in new real and personal property improvements, equipment, and machinery, and will create at least 43 new full-time jobs at 1800 Albertson Road and 501 Old Thomasville Road in High Point.

Cascade Die Casting has operated in High Point since 1978 and serves as a Tier 1 supplier to major global brands in the automotive, heavy truck, powersports, and appliance industries — including Ford, Jeep, Bosch, and GE. The company also maintains two additional locations in Michigan.

“We’re excited to continue growing in High Point,” said Jason Antis, Vice President of Cascade Die Casting Group. “This expansion not only reflects our long-term commitment to the community but also supports our mission to deliver high-quality, precision components to our customers. We’re particularly proud to invest in our workforce through programs like NC FAME, which is helping us build the next generation of skilled talent.”

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Joyalways Selects Reidsville; Invest $18 Million and Creates 113 Jobs

Joyalways, a global hygiene products manufacturer, will establish its first U.S.-based wet wipe manufacturing facility in Reidsville, North Carolina. The company will invest more than $18 million and create 113 new jobs with an average annual wage of $54,391 over the next three years.

The company, a subsidiary of Tongling Jieya Biogic Technology Stock Co., Ltd., will repurpose a 216,086-square-foot facility previously occupied by Guy & O’Neill, which closed in January.

“Joyalways is proud to launch our U.S. manufacturing operations in Rockingham County,” said Yingchuan Cai, Chairman at Joyalways. “This facility represents a strategic step forward in bringing production closer to our American customers, while also strengthening our commitment to high-quality hygiene products and sustainable manufacturing practices.”

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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.”

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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.

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