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.

Subscribe to the Carolina Core newsletter

Subscribe

Greek company to create new jobs in east Greensboro

Growth and expansion are happening for east Greensboro.   A company based out of Greece called Systems Sunlight, a battery-making company, announced its plans to call east Greensboro its home. They plan to invest nearly $7 million and create 46 jobs ranging from manufacturing to assembly. Read More…

Read More...

Forsyth County Job Growth on the Rise

Job growth in Winston-Salem Forsyth County is on the rise. Reports from The Bureau of Labor Statistics show the metro area added more than 10,000 jobs over the last two years. That’s better than similar metro areas in the U.S., including Charlotte and Atlanta. “I feel it’s our entire economy chipping in and at the… Read more »

Read More...

North Carolina’s PTI Airport targets aerospace, logistics

It must have been music to the ears of economic development and airport folks in the Greensboro-High Point area of North Carolina. Over the summer, Honda Aircraft Company announced groundbreaking on an expansion of its facility at Piedmont Triad International Airport in Greensboro. The expansion will allow a major increase in production at a factory… Read more »

Read More...

Ox Bodies will open High Point plant in October

Ox Bodies, a subsidiary of Federal Signal Corp., will open a manufacturing facility here, the High Point Economic Development Corp. announced Wednesday. The company will hire 15 people the first year at an annual average wage of $49,000, and operations are expected to begin in October, the announcement said. The High Point City Council in… Read more »

Read More...

Honda Power Equipment marks 35 years with $46.5 million expansion, new product announcements

Officials at Honda Power Equipment, a subsidiary of Honda Motor Co. (NYSE: HMC), on Tuesday marked the company’s 35th anniversary by announcing a 135,000-square-foot expansion of its plant in the Alamance County town of Swepsonville. The $46.5 million expansion will in part provide manufacturing space for Honda’s new model-GCV general purpose engine, which will be… Read more »

Read More...

Study: NC is 7th best state for aerospace manufacturing

North Carolina is the seventh-best state for aerospace manufacturing, according to PricewaterhouseCoopers’ 2019 aerospace manufacturing attractiveness rankings. PwC, a multinational consultancy and accounting firm, conducts the study every year to assess where U.S. aerospace companies are investing for manufacturing facilities. The study considered a variety of factors, including aerospace manufacturing cost, infrastructure and tax policies… Read more »

Read More...

Forsyth Tech breaks ground on new aviation tech lab

A recent study commissioned by Smith Reynolds Airport in Winston-Salem suggested the airport would be in a position to attract more aviation-related companies if the community could deliver more workers trained in aviation maintenance and avionics. That potential outcome resulted in an approved $16 million Forsyth County bond referendum, culminating in Wednesday’s ceremonial groundbreaking for… Read more »

Read More...

American Airlines Features the Carolina Core in In-Flight Magazine

The 32-page special feature appears in American Way magazine, the in-flight publication available in your seatback on every American Airlines plane globally. The Spotlight featured section in American Way highlights communities and cities around the world. July’s edition promotes the Triad and Carolina Core, focusing on economic development, education, manufacturing, medicine and innovation, and more.… Read more »

Read More...

Businesses, research, residential living come together as Wake Forest Innovation Quarter continues to grow

As Wake Forest Innovation Quarter continues to take shape as a hub of activity where people work, live, learn and play, its officials are exploring this urban-based innovation district’s next phase of development. “The fact that there’s stuff under construction all the time makes it a little more complicated, but we’re working through that and… Read more »

Read More...

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…

Read More...

‘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 »

Read More...

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 »

Read More...

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 »

Read More...

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 »

Read More...

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.

Read More...

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.

Read More...

Twitter

How #Triad organizations are helping out during the COVID-19 outbreak -http://bizj.us/1q2zbk @ptpNC @nc_core @gsochamber @wschamber @BHPchamber @HPEDC

Jim Westmoreland will lead Gateway Research Park as interim director - https://buff.ly/2QTzSbi @triadbizjournal

Williams Development plans 2 million-square-foot industrial development in east Greensboro - Triad Business Journal https://buff.ly/2xllfqw @triadbizjournal

Nice photo of #winstonsalem in the @nytimes last week! Distilleries Race to Make Hand Sanitizer Amid Coronavirus Pandemic https://buff.ly/2J3d0Sw @wschamber

Hanes clothing company to make face masks for health care workers amid coronavirus outbreak https://buff.ly/2WCtt86

Greensboro-High Point MSA rated highly by Site Selector - Triad Business Journal https://buff.ly/2WoA4mp @triadbizjournal

Megasite remains key to Randolph County's economic fortunes - @TriadBizJournal @Randolph_EDC https://buff.ly/3cZjQWM #megasite #econdev

Expansion, Nat Geo Wild docuseries poise N.C. Zoo to lure more tourism to Asheboro - Triad Business Journal https://buff.ly/3aWaEAB @NCZoo @Randolph_EDC

Load More...