Site Selection Magazine Ranks North Carolina’s Business Climate No. 1
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 »
Pharmaceutical manufacturer Cambrex plans High Point expansion
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 »
Mohawk Industries Expanding in Davidson County
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 »
Woodgrain Inc. Saves 80 Jobs in Surry County
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 »
Precision Textiles to locate production facility in Troy
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 »