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

Subscribe to the Carolina Core newsletter


SteriTek to Invest $59.9 million and Create 50 Jobs in Alamance County

SteriTek, a contract sterilizer, will invest $59.9 million to build an East Coast sterilization facility in Burlington, NC. The project will create 50 new jobs. SteriTek, established in 2016 and based in California, uses electron beam and X-ray systems to sterilize high volumes of medical devices for the medical, biotechnology, pharmaceutical and tissue industries. The… Read more »


U.S. Department of Commerce Awards $3.1 million to Triad Organizations

The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $3.1 million in grants to support business development and job growth in North Carolina communities impacted by the declining use of coal. Gateway Research Park Inc., Greensboro, will receive a $2.1 million grant to expand a manufacturing facility in support of the growth of… Read more »


Wolfspeed will Invest $5 billion for New Facility in Chatham County

Wolfspeed, a global leader in silicon carbide semiconductor manufacturing, has chosen Siler City, NC for its newest semiconductor manufacturing plant. The company plans to invest more than $5 billion and will create 1,800 jobs. Wolfspeed, headquartered in Durham, was founded over 30 years ago on the campus of North Carolina State University. The company has… Read more »


Sunlight Batteries USA to Locate in Alamance County; Invest $40 million and Create 130 Jobs

Sunlight Batteries USA, Inc., a manufacturer of lithium-ion and other high-performance batteries, will invest $40 million to expand its operations into Alamance County. The company will create more than 130 jobs for its new facility in Mebane. The new facility will use robot-assisted technology to develop and produce lead-acid and lithium-ion batteries for industrial applications.… Read more »


Toyota to Invest Additional $2.5 billion, Create 350 More Jobs at Greensboro-Randolph Megasite

Toyota will invest an additional $2.5 billion in its newest North American facility, Toyota Battery Manufacturing North Carolina (TBMNC). This investment adds capacity to support battery electric vehicle (BEV) battery production and adds 350 jobs, bringing the total employment to approximately 2,100. Scheduled to begin production in 2025, the facility will produce batteries for hybrid… Read more »


Frank L. Blum Construction Creating Jobs in Winston-Salem

Frank L. Blum Construction, a commercial general contractor headquartered in Winston-Salem will invest more than $3.8 million and create 35 new jobs to expand in Winston-Salem. The company will relocate its existing headquarters operations from East 25th Street to a newly acquired office building located on Pilgrim Court. The company was awarded a $250,000 Building… Read more »


NVR Inc. to Create Jobs in Fayetteville

NVR Inc., a regional homebuilder will create 261 jobs in an expansion in Kings Mountain and Fayetteville. The company said it will spend a combined $33.9 million on capital investments to expand production in Kings Mountain and build a new facility in Fayetteville. NVR sells and constructs homes under the brands of Ryan Homes, NVHomes,… Read more »


NC A&T Receives $23.7 million American Rescue Plan Good Jobs Challenge Grant

U.S. Secretary of Commerce Gina Raimondo announced a $23.7 million American Rescue Plan Good Jobs Challenge grant to North Carolina Agricultural and Technical State University to create STEPs4GROWTH, a clean energy workforce training program. North Carolina A&T’s portion of the overall $500 million Good Jobs Challenge, which is funded by the American Rescue Plan, is… Read more »


New Spec Building Under Construction in Greensboro

Equus Capital Partners is developing a 37.8 acres site with a 340,750-square-foot light industrial spec building at the southeast corner of Guilford College Road and West Market Street, only a few minutes from Interstate 40, I-73 and I-840. CBRE Triad is marketing the project as I-40 Industrial Center Greensboro with delivery scheduled for second quarter… Read more »



A spark has caught, and the #CarolinaCore is on the cusp of something great. Learn more about the latest regional #investments and companies that call our region home! #econdev

Calling all #CarolinaCore businesses! You can be a powerful voice for spreading the word about the region.

Access key talking points and downloads on our NC Carolina Core partner resources page:

The #CarolinaCore has a talent pool of over 2 million people, with access to over 30 colleges and universities with 250,000 students, robust transportation infrastructure, four international airports, industrial research parks and four mega sites.

Our partners have strategically come together to create a perfect environment for #econdev, resulting in the wins of @boomaero, @VinFastUS, @Toyota and more.

@SiteSelection featured a piece on how the strengths of the #CarolinaCore are helping NC soar.

We continue to plan for future growth and success!

The @US_EDA awarded @greensborocity a $100K grant, to be matched by city funds, to look at infrastructure and development needs along I-685 through the #CarolinaCore. #econdev #planning @GuilfordCounty

We are fortunate to live in a community that works together as the 'Carolina Core' includes Sanford in the next hotspot for growth! @CityofSanfordNC @TriangleBIZJrnl @VisitSanfordNC #smartgrowth #carolinacore #downtownsanfordnc

Business is booming in the #CarolinaCore!

@SunlightESS, a lithium-ion battery manufacturer, is expanding operations in Mebane with a $40 million investment and 130 new jobs with an average salary of $67,589.


650 leaders attended the #realestate summit to discuss opportunities along the I-685 corridor in the #CarolinaCore.

The region will host @boomaero, @Toyota, @Wolfspeed & @VinFastUS; local communities are expected to grow alongside them. #CRE #econdev

Attending the Carolina Core Real Estate Summit today at the Wicker Civic Center in Sanford #ncpol #carolinacore @ncrealtors

Load More