Category Archives: Uncategorized

…A strong outlook, however, was not enough (for Texas) to outpace North Carolina, which has the best business climate in the U.S. and tops our ranking for the third year in a row…

North Carolina ranks in the top third in all six categories. It gets highest marks for its regulatory environment (including a Aaa rating on its general obligation debt from Moody’s), has the fourth-lowest business costs of any state and rates ninth for labor supply.

Throughout 2019, companies such as Microsoft, car sales platform Carvana and drug company Pfizer announced plans to invest in North Carolina and its highly educated workers.

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Good news, job-seekers – the Triad’s looking to hire!

Companies like The Fresh Market, Centric Brands, and Amada America made recent headlines, expanding operations and adding more jobs in our area.

The jobs are coming – and a new survey shows the trend will likely continue.

An article in Forbes points to a quarterly study compiled by ManpowerGroup, a global staffing firm. The firm put out a nationwide survey measuring employers’ intentions on whether they plan to hire or fire employees. Using that data, the group predicts the employment outlook, and in 2020, the outlook for the Triad is positive, meaning more jobs.

In the study, Greensboro – which includes High Point – ranks 10th for job outlook, tied with cities like Raleigh, Miami, and a couple of others.

Winston-Salem ranks even higher on the list at number 6, joining Madison, Pittsburgh, and San Antonio.

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Amada corporate leaders, elected High Point officials and economic development professionals and were on hand Friday for the official ribbon cutting and ceremony start-up of the company’s manufacturing operations.

Amada is the latest foreign investment win for High Point. In November, Netherlands-based coatings company AkzoNobel announced a 500,000-square-foot, $55 million expansion of its manufacturing facility. In October, High Point was ranked among the best cities in the Americas for direct foreign investment by dFI Magazine, a publication of the London Financial Times.

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Growth and expansion are happening for east Greensboro.

A company based out of Greece called Systems Sunlight, a battery-making company, announced its plans to call east Greensboro its home. They plan to invest nearly $7 million and create 46 jobs ranging from manufacturing to assembly.

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Job growth in Winston-Salem Forsyth County is on the rise.

Reports from The Bureau of Labor Statistics show the metro area added more than 10,000 jobs over the last two years. That’s better than similar metro areas in the U.S., including Charlotte and Atlanta.

“I feel it’s our entire economy chipping in and at the same time we have startups that are growing and adding jobs,” said Mark Owens, President & CEO Winston-Salem Chamber of Commerce.

Professional and business activities accounted for 43 percent of the two-year gain.

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