News

Marshall USA LLC, a subsidiary of Marshall Aerospace, a British aerospace and defense contractor, will invest $50 million for a new planned maintenance inspection (PMI) facility at Piedmont Triad Airport, creating 240 jobs in Guilford County. The facility will be Marshall Aerospace’s U.S. Operations Hub, which will include maintenance, repair and operations (MRO) services and… Read more »

Cross Technology, a machining company in Winston-Salem is expanding to a 140,000-square-foot building in East Bend. The company employs about 80 people expects to hire 120 within two years and invest $3.4 million. Cross Technology makes wiring harnesses, plastic injection and heat-shrink products used in defense and other industries. Most of the company’s products are… Read more »

TAT Piedmont Aviation, an aviation Maintenance, Repair, and Overhaul (MRO) company, will expand its operations near the Piedmont Triad International Airport and create 85 jobs. The company will invest $12.8 million to increase the service capacity of its Guilford County facilities. TAT Piedmont’s will add test equipment, production tooling, and new machinery to supplement its… Read more »

Tex-Tech Industries, a leading manufacturer of specialty textiles, will create 49 new jobs in Forsyth County. The company will invest more than $24.8 million to build a new manufacturing center in Winston-Salem. Headquartered in Kernersville, Tex-Tech is a global leader for textile research, development and manufacturing of high-performance fabrics and coatings. Serving the aerospace, automotive,… Read more »

Siemens Mobility, Inc., global manufacturer of rail transportation vehicles and control systems, will build a major advanced manufacturing and rail services center in Davidson County, creating 506 jobs. The company will invest $220 million in Lexington, creating a new carbon neutral facility that will serve the company’s East Coast markets. Siemens Mobility’s advanced manufacturing center… Read more »

Axium Packaging, a manufacturer of packaging and containers, will create 118 jobs in Randolph County over the next three years. The company will invest $32 million to build a state-of-the-art manufacturing facility in Archdale. Axium Packaging is headquartered in New Albany, Ohio and makes packaging for personal care, household chemical, over-the-counter pharmaceutical and food products.… Read more »

Egger Wood Products is investing $22 million at its 2-year-old, million-square-foot plant in Lexington. This expansion will allow the company to make a key component for its line of thermally fused particle board instead of importing it from Austria where the company is headquartered. The new domestic-production line will add 26 jobs. Egger also announced… Read more »

Revere Copper Products has leased a facility in Mebane to manufacture copper bus bars primarily for electrical and electronic equipment. The company plans to hire 30 to 40 people. Mebane was chosen for the move because of its proximity to existing and potential Revere customers and suppliers. Read more…

Renfro Brands will expand operations in Mount Airy. The company plans to invest approximately $2 million in equipment and infrastructure at its Riverside Drive facility and create up to 35 new jobs. Renfro Brands was founded in Mount Airy in 1921 and is known as a leading designer, manufacturer and marketer of quality socks and… Read more »

Avgol, a multinational non-woven textiles maker, is committing to a $97 million expansion of its plant in Mocksville and will add 52 jobs with an average annual wage of $55,647 by the end of 2024. The company currently employs 280 at the Mocksville facility.  The expansion will build capacity in meltblown nonwovens used in baby… Read more »