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

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Kieffer Starlite Expanding in Mount Airy

Kieffer Starlite, a national sign builder is expanding its primary facility and consolidating its operations in Mount Airy. Kieffer Starlite performs graphics, welding fabrication, painting and electrical assembly production in the building, where it will be joined by thermoforming operations. The company employs 145, 35 in Mount Airy. The consolidation and expansion is expected to… Read more »

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Ardagh Group Expands in Forsyth County, to Add 94 Jobs

The Ardagh Group, a global manufacturer of sustainable beverage packaging, will invest $195 million and create 94 new jobs in Forsyth County to expand its largest US can manufacturing facility. The project will add 2 new high-speed can manufacturing lines at the facility on Old Milwaukee Lane along with additional building improvements. Today’s announcement represents… Read more »

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Specialty fabrics maker from Brazil announces expansion in High Point

A global maker of non-woven specialty fabrics headquartered in Brazil has announced it will invest $18 million to expand its manufacturing facility in High Point and create as many as 22 new jobs. Fitesa, whose North American headquarters is in Simpsonville, South Carolina, will install two new lines of machinery at its leased 204,172-square-foot building to make… Read more »

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PolarOnyx Relocates to Chatham County

PolarOnyx, a California-based advanced laser 3D manufacturing company, recently relocated to Chatham County from Silicon Valley. PolarOnyx will take over the 142,000 sq ft former Performance Bicycle building off U.S. Highway 15-501 to accommodate production and workspace for employees. Founded in 2002, PolarOnyx designs, develops, and manufactures products for the medical industry, defense and aerospace… Read more »

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Amazon Expands in Fayetteville

An Amazon delivery station is coming to Fayetteville and with it comes hundreds of jobs. The jobs will pay a starting wage of $15 per hour and offer benefits on the first day of employment. “Amazon is excited to expand operations into Cumberland County, North Carolina, investing in a new delivery station in Fayetteville,” said… Read more »

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NC Ranks Among Top States in Competitive Corporate Taxes

North Carolina ranks among the nation’s best-performing states overall in a study comparing state corporate tax costs across the country, according to a Tax Foundation report. The distinctive study modeled eight different types of new and mature firms and analyzed what each would pay in state and local taxes in each state. North Carolina ranked… Read more »

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CEO Survey Ranks NC as a Top 5 State for Business

North Carolina now ranks No. 4 among the nation’s top-performing states in the 2021 Best and Worst States for Business survey conducted by Chief Executive magazine. For the latest report, Chief Executive surveyed 383 CEOs across the country in March about their opinions of all 50 states. “Our top-tier ranking in the Chief Executive magazine… Read more »

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Twitter

Ardagh Group to occupy new 610,000-square-foot warehouse, create 40 jobs in Winston-Salem owned by Front Street Capital - @TriadBizAndy https://bit.ly/3x4J3YX @greater_ws @FrontStreetCap

Amazon opens delivery stations at Rock Creek Center in Whitsett and in Garner - @TriadBizJournal https://bit.ly/36RoPHg #logistics #econdev

Low tax cost is just one of many success factors of our region! Cheaper to the Core: North Carolina ranks among nation's lowest corporate tax rates according to Location Matters and KMPG - https://bit.ly/3dXaBsn @TriadBizAndy

It was so cool to see the #CarolinaCore called out in @theroot roundup of notable #Juneteenth celebrations! Thanks @shanellegenai for the ink! Commemorate History and Celebrate Juneteenth 2021 With These Events Happening All Across the Country https://bit.ly/2TRn0Yd

Not only a terrific business location - the #CarolinaCore has thriving new #development as well as redevelopment @Forbes has taken notice! Neighborhood To Watch: Industry Hill, Winston-Salem, North Carolina https://bit.ly/3wy3WLQ #WinstonSalem @greater_ws

Liberty Storage Solutions plans new headquarters and manufacturing space in Mocksville - @TriadBizAndy #econdev @DavieCountyNC https://bit.ly/3dUU2Nx

Kernersville's US Metal Crafters expanding production in Archdale with $1 million investment, 25 jobs - @TriadBizAndy https://bit.ly/3ywyrCY #econdev

At both the @nceda_ meeting and the @SiteSelectGuild, we heard from knowledgeable speakers about topics of interest for our industry. The central themes were similar.

Here are the major takeaways from those meetings:
https://growsanfordnc.com/edc_blog/article/our-takeaways-current-themes-in-economic-development

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