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Forsyth County Job Growth on the Rise

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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North Carolina’s PTI Airport targets aerospace, logistics

HondaJet assembly line

It must have been music to the ears of economic development and airport folks in the Greensboro-High Point area of North Carolina. Over the summer, Honda Aircraft Company announced groundbreaking on an expansion of its facility at Piedmont Triad International Airport in Greensboro. The expansion will allow a major increase in production at a factory where wings for the company’s corporate jets are assembled and add storage for service parts for the company’s fleet of HondaJets around the globe.

Expected to be completed next summer, and representing a $15.5 million investment, Honda Aircraft’s expansion is helping to make the region one of the fastest growing aviation hubs in the country. HondaJet has been headquartered in Greensboro for over ten years.

“Most traditional airports function as a place for transportation of people and cargo, and that is important for us, too,” said Kevin Baker, executive director of the PTI Airport Authority. “The other aspect of it for us is as a place of employment.”

That employment is increasingly concentrated in the aerospace sector, as well as logistics. The airport contributes $6 billion to the local economy and is responsible for the generation of 25,500 jobs.

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Ox Bodies will open High Point plant in October

Ox Bodies, a subsidiary of Federal Signal Corp., will open a manufacturing facility here, the High Point Economic Development Corp. announced Wednesday.

The company will hire 15 people the first year at an annual average wage of $49,000, and operations are expected to begin in October, the announcement said.

The High Point City Council in April authorized up to $87,600 in performance-based incentives for the Ox Bodies project.

The company had been looking for an East Coast location and chose High Point after considering sites in four other counties in North Carolina and one county in South Carolina.

Ox Bodies will create at least 40 jobs and increase the tax base by at least $2 million, the announcement said.

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