Pfizer Inc. said it plans to spend $500 million to expand a gene-therapy manufacturing facility in Sanford, North Carolina, helping the drug giant scale up production of treatments that fix faulty strands of DNA.
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Honda Power Equipment marks 35 years with $46.5 million expansion, new product announcements
Officials at Honda Power Equipment, a subsidiary of Honda Motor Co. (NYSE: HMC), on Tuesday marked the company’s 35th anniversary by announcing a 135,000-square-foot expansion of its plant in the Alamance County town of Swepsonville.
The $46.5 million expansion will in part provide manufacturing space for Honda’s new model-GCV general purpose engine, which will be used in its new model-HRN lawn mower. Production of the HRN is expected to begin in September. The new mower was developed by Honda Power Equipment R&D, which is housed next door to the manufacturing plant.
When complete and fully operational, the new line will have the capacity to produce 300,000 HRN mowers per year.
Study: NC is 7th best state for aerospace manufacturing
North Carolina is the seventh-best state for aerospace manufacturing, according to PricewaterhouseCoopers’ 2019 aerospace manufacturing attractiveness rankings.
PwC, a multinational consultancy and accounting firm, conducts the study every year to assess where U.S. aerospace companies are investing for manufacturing facilities. The study considered a variety of factors, including aerospace manufacturing cost, infrastructure and tax policies in each state.
Honda Aircraft Co. begins $15.5 million, 83,000-square-foot expansion at PTI campus
Arguments over which state can truly claim as first in flight notwithstanding, N.C. Gov. Roy Cooper told a crowd of about 200 gathered for Tuesday’s groundbreaking of the latest Honda Aircraft Co. expansion that being first in aerospace industry growth is inevitable.
“‘First in Flight’ has a new meaning in North Carolina as we continue to grow the aviation industry,” Cooper said. “Right now, North Carolina ranks as the second-fastest growing aerospace cluster in the United States. We now have 200 aerospace companies and 400 suppliers, and we’re making the push for first.”
The building will be the latest addition at the 133-acre Honda Aircraft Co. campus at Piedmont Triad International Airport, the $15.5 million, 83,000-square-foot expansion bringing the company’s total investment here to $245 million.
Forsyth Tech breaks ground on new aviation tech lab
A recent study commissioned by Smith Reynolds Airport in Winston-Salem suggested the airport would be in a position to attract more aviation-related companies if the community could deliver more workers trained in aviation maintenance and avionics.
That potential outcome resulted in an approved $16 million Forsyth County bond referendum, culminating in Wednesday’s ceremonial groundbreaking for the Forsyth Technical Community College Mazie S. Woodruff Aviation Technology Lab.