News

The Carolina Core is gaining momentum. Read the latest economic news from the area.

Subscribe to the Carolina Core newsletter

Subscribe

Gillespie Precast Chooses Randolph County; Creates 39 Jobs, Invests $10 Million

Gillespie Precast will establish a new manufacturing plant in Randolph County that will create 39 jobs. The company, a leading producer of custom precast concrete, will invest $10 million in Asheboro. Gillespie Precast is a fifth-generation family-owned company with headquarters in Chestertown, Maryland. It manufactures a wide range of concrete products used in different industrial… Read more »

Read More...

Opsun Corporation Chooses High Point; Creates 20 Jobs, Invests $9.3 Million

Opsun Corporation, a manufacturer of structures for solar panels, will create 20 new jobs in Guilford County. The company will invest $9.3 million to build its first United States production facility in High Point. Headquartered in Quebec City, Opsun Corporation designs and manufactures aluminum solar panel mounting structures for commercial, industrial, and residential markets. “We’re… Read more »

Read More...

Yeadon Fabric Domes to Invest $4.6 million and Create 72 New Jobs in Cumberland County

Yeadon Fabric Domes, LLC, a manufacturer of air supported structures, will invest $4.6 million to build a manufacturing facility in Fayetteville; creating 72 new jobs. The company is a leading designer and manufacturer of climate-controlled domed structures. Yeadon Fabric Domes’ air-supported facilities provide large, open spaces for a variety of sporting venues and applications. Yeadon… Read more »

Read More...

MetOx International Inc. to Invest $193.7 million and Create 333 New Jobs in Chatham County

MetOx International Inc., a pioneering manufacturer of high-temperature superconducting (HTS) wire, will invest $193.7 million to build a major production facility in Chatham County, creating 333 jobs. Headquartered in Houston, MetOx International aims to strengthen domestic supply chains and accelerate innovation in advanced energy technologies. HTS enables ultra-efficient power transmission with no energy loss, making… Read more »

Read More...

IQE to Expand in Greensboro, Add 190 Jobs and Invest $305 Million

IQE, Inc., a global semiconductor manufacturer, will expand in Guilford County, signaling its ongoing commitment to future investment in the region, subject to customer commitments and funding from the federal CHIPS Act. The company plans to add 109 jobs and invest $305 million over several years to expand its manufacturing facility for next generation compound… Read more »

Read More...

Banknote Corporation of America to Expand in Greensboro; Create 50 Jobs; Invest $28 Million

Banknote Corporation of America, a commercial security printer headquartered in Greensboro, will expand its facility in northeast Greensboro, investing $28 million. The company will construct a modern 20,000 sq ft facility and create 50 new jobs. Banknote Corporation of America produces high-security documents for various governments, financial institutions and consumer brands. https://chamber.greensboro.org/news/Details/banknote-corporation-of-america-to-expand-in-guilford-county-228504

Read More...