
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.