Toyota to Invest Additional $2.5 billion, Create 350 More Jobs at Greensboro-Randolph Megasite
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 »
Imaflex USA to Expand in Davidson County; Invest $15 million and Create 37 Jobs
Imaflex USA, Inc., a flexible packaging manufacturer, will add 37 new jobs in Davidson County. The company will invest up to $15 million for a major building expansion along with capital equipment for its U.S. production site in Thomasville. Imaflex USA is the U.S. operation for Imaflex Inc., a Montréal-based developer and manufacturer of polyethylene… Read more »
Frank L. Blum Construction Creating Jobs in Winston-Salem
Frank L. Blum Construction, a commercial general contractor headquartered in Winston-Salem will invest more than $3.8 million and create 35 new jobs to expand in Winston-Salem. The company will relocate its existing headquarters operations from East 25th Street to a newly acquired office building located on Pilgrim Court. The company was awarded a $250,000 Building… Read more »
NC A&T Receives $23.7 million American Rescue Plan Good Jobs Challenge Grant
U.S. Secretary of Commerce Gina Raimondo announced a $23.7 million American Rescue Plan Good Jobs Challenge grant to North Carolina Agricultural and Technical State University to create STEPs4GROWTH, a clean energy workforce training program. North Carolina A&T’s portion of the overall $500 million Good Jobs Challenge, which is funded by the American Rescue Plan, is… Read more »
New Spec Building Under Construction in Greensboro
Equus Capital Partners is developing a 37.8 acres site with a 340,750-square-foot light industrial spec building at the southeast corner of Guilford College Road and West Market Street, only a few minutes from Interstate 40, I-73 and I-840. CBRE Triad is marketing the project as I-40 Industrial Center Greensboro with delivery scheduled for second quarter… Read more »