News

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 »

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 »

Pfizer Inc. said it plans to spend $500 million to expand a gene-therapy manufacturing facility in Sanford, North Carolina, helping the drug giant scale up production of treatments that fix faulty strands of DNA. Read More…

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 »

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 »

Arguments over which state can truly claim as first in flight notwithstanding, N.C. Gov. Roy Cooper told a crowd of about 200 gathered for Tuesday’s groundbreaking of the latest Honda Aircraft Co. expansion that being first in aerospace industry growth is inevitable. “‘First in Flight’ has a new meaning in North Carolina as we continue… Read more »

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 »

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 »

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 »

Wake Forest Innovation Quarter is one of six innovation districts around the world to be selected to steer the Global Institute of Innovation Districts. Read more…