The Carolina Core is gaining momentum. Read the latest economic news from the area.
Walmart plans to build a second distribution center in Mebane, NC and create 450 jobs. The facility will be 599,006 sq ft and will be built in front of, to the west and right of, the existing Walmart distribution center, which is 460,000 sq ft. The new facility will be a distribution center for dry… Read more »
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7 Cinematics, a production company that has won multiple Emmys, is relocating its headquarters, production and warehouse facilities from LA and Nashville to Greensboro. The company has taken space in the former Triad Stage building in downtown Greensboro and is finalizing construction for its offices, state-of-the-art editing suites and a high-end screening room for clients… Read more »
Read More...Innovative Construction Group, LLC, an off-site construction services company serving developers, general contractors, and professional builders, plans to establish a new manufacturing facility in Chatham County and the Town of Siler City. The company plans to make a capital investment of approximately $39.8 million which will create as many as 157 jobs over the next… Read more »
Read More...Divert, a Massachusetts-based food-waste company has purchased 28 acres in Lexington for $1.3 million to build a facility that will employ as many as 50 workers. The company plans to build a food diversion and energy facility on the site. Divert was founded in 2007 and to date has processed 2.6 billion pounds of wasted… Read more »
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Drylock Technologies, a leading manufacturer of hygiene products, will invest more than $26.9 million to establish its first U.S. baby care production facility and create 113 new jobs in Rockingham County. Based in Belgium, Drylock Technologies has produced private label absorbent baby, feminine, and adult care hygiene products for more than a decade with nine… Read more »
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Kyowa Kirin, a global specialty pharmaceutical company headquartered in Japan, will invest $200 million to establish a new pharmaceutical manufacturing complex in Lee County, creating 102 new jobs. The new complex in Sanford will serve as a Center of Excellence to support the manufacturing of biologic products for targeted clinical and commercial use, expand the… Read more »
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Andrews High School hosted an Aviation Career Day for middle school students from Guilford County to learn more about the different career opportunities in aviation. Students could participate in hands-on activities, such as flight simulators and drones, and interact with representatives from the Piedmont Triad’s largest employers in aviation including Boeing, Honda Jet, HAECO and… Read more »
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Dai Nippon Printing Co., Ltd. (DNP), a lithium-ion battery pouch manufacturer, will create 352 new jobs in Davidson County. The company will invest $233 million to build its first U.S. advanced manufacturing facility in the City of Linwood. DNP manufactures lithium-ion battery pouches for electric vehicles. The durable yet soft, flexible plastic packaging material will… Read more »
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Toyota will invest an additional $8 billion in its first North American electric vehicle battery manufacturing facility, adding another 3,000 jobs. The project, called “Toyota Battery Manufacturing North Carolina” was initially a $1.29 billion investment announced in 2021 with expansions in 2022 and 2023 and is now valued at $13.9 billion. The project will create… Read more »
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 »
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