Success

In the Core

Success

In the Core

News

Every day, companies are selecting the Carolina Core for their next big move. Read below for updates on recent successes in the Core.

More than 100 pharmaceutical jobs coming to Harnett County

India-based KriGen Pharmaceuticals plans to bring more than 100 jobs to Lillington. The company announced Wednesday it will convert one of the former book factory’s three buildings on Edwards Brothers Drive into a pharmaceuticals plant that will make medical IV bags and liquid injectables. Read more…

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‘Project Slugger’: New office tower to break ground outside Greensboro ballpark

Construction will soon begin on Greensboro’s first new downtown office tower in decades, all a part of “Project Slugger.” Front Street Capital announced plans for a groundbreaking on Thursday in the outfield of First National Bank Field, home of the Greensboro Grasshoppers. The 9-story, 110,000-square-foot tower  will stand at the corner of Eugene Street and… Read more »

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SunTrust to relocate mortgage leadership team from Virginia to Greensboro as part of planned BB&T merger

The planned merger of regional banks BB&T Corp. and SunTrust Banks Inc. will result in some management jobs for the combined company being moved out of the Richmond region to Greensboro. SunTrust confirmed last week that it plans to locate the leadership team for the combined company’s mortgage business in Greensboro, which will mean relocating… Read more »

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Regional leaders want U.S. 421 designated as future interstate

U.S. 421 will be an interstate highway if Piedmont Triad leaders have any say in the matter. It’s part of an effort to provide another asset to the marketing of the region for economic development, according to Jed McMillan of the Piedmont Triad Partnership. McMillan appeared before the Randolph County Board of Commissioners on Monday… Read more »

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Burlington lands ‘Project Fiber,’ bringing new HQ and 33 new jobs to Triad

National OnDemand, a provider of installation and construction services for the broadband and telecommunications industries, has selected downtown Burlington for its headquarters. The company will create 33 jobs with an average salary of $70,455 over two years. The N.C. Rural Infrastructure Authority approved a grant of $312,500 to support the reuse of the vacant former… Read more »

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New state laws bring tax breaks, other changes in 2019

The final phase of the 2013 tax overhaul takes effect in tax year 2019. The state’s personal income tax rate will drop from 5.499 percent to 5.25 percent, while the corporate tax rate sees a bigger decline, from 3 percent to 2.5 percent, the lowest rate in the country among states that impose a corporate income tax.

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More than 8,500 jobs announced in 2018

Carolina Core

The Carolina Core experienced major jobs announcements and increasing momentum in 2018 with more than 8,500 jobs announced, according to a press release from the Piedmont Triad Partnership.

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