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The Carolina Core is gaining momentum. Read the latest economic news from the area.
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Signs of the times: Transportation, workforce take center stage as region markets Carolina Core
Read more Signs of the times: Transportation, workforce take center stage as region markets Carolina CoreDon’t be surprised if in the months ahead you notice a little something different as you cross from one county into another along U.S. 421 through the Triad and southeast toward Sanford and Fayetteville. Read more…
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Piedmont Triad International Airport leads the state in cargo shipments, aircraft maintenance jobs
Read more Piedmont Triad International Airport leads the state in cargo shipments, aircraft maintenance jobsDramatic growth in cargo shipments from the FedEx Express hub at Piedmont Triad International Airport has made the airport the leader in cargo for all of the state’s public airports, a new report from the N.C. Department of Transportation shows.
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Cook Medical completes purchase of Whitaker Park space; 650 workers will move to the former R.J. Reynolds Tobacco Co. facility
Read more Cook Medical completes purchase of Whitaker Park space; 650 workers will move to the former R.J. Reynolds Tobacco Co. facilityCook Medical said Wednesday it has completed purchasing an 850,000-square-foot section of the former Whitaker Park manufacturing complex in Winston-Salem.
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New state laws bring tax breaks, other changes in 2019
Read more New state laws bring tax breaks, other changes in 2019The 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.
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More than 8,500 jobs announced in 2018
Read more More than 8,500 jobs announced in 2018The 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.
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FORBES: The Best States For Business 2018: North Carolina Leads The Way
Read more FORBES: The Best States For Business 2018: North Carolina Leads The WayNorth Carolina has the best business climate in the U.S. and tops Forbes’ Best States for Business ranking for the second straight year.
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TSEA Energy Selects Eden; Creates 160 Jobs, Invests $25 Million
Read more TSEA Energy Selects Eden; Creates 160 Jobs, Invests $25 MillionTSEA Energy, a manufacturer of energy equipment, will establish its first U.S. manufacturing plant in Rockingham County. The company says it will create 160 jobs and invest $25 million in Eden. The company has been delivering engineered solutions for power generation, transmission, and distribution systems since 1968. Specialized in large power transformers, voltage regulators and […]
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Reynolds American Commits $3.2 Billion to U.S. Operations; Supports 2,000 Jobs
Read more Reynolds American Commits $3.2 Billion to U.S. Operations; Supports 2,000 JobsReynolds American has announced a forward-looking commitment to invest more than $3.2 billion across its U.S. operations by 2030, reinforcing its long-term focus on value creation and American manufacturing. The investment, which began in 2024, is expected to support more than 2,000 direct and indirect jobs across the company’s operations and U.S. supply network, including […]
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SBA Home Opens First U.S. Factory in Mocksville; Invests $70 Million, Creates 250 Jobs
Read more SBA Home Opens First U.S. Factory in Mocksville; Invests $70 Million, Creates 250 JobsLithuanian furniture manufacturer SBA Home has officially opened its first U.S. factory in Mocksville, marking a historic investment exceeding $70 million, the largest Lithuanian business investment in the United States to date. The new facility is expected to create 250 highly skilled jobs while further strengthening economic ties between Lithuania and the U.S. and reinforcing […]
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Altec to Expand in Mount Airy; Create 100 Jobs
Read more Altec to Expand in Mount Airy; Create 100 JobsAltec will make a significant investment to strengthen its existing operations, result in the creation of 100 new jobs and reinforce Mount Airy’s role as a competitive manufacturing hub. The project will begin with construction of a new maintenance facility, allowing maintenance staff to relocate from an existing wing of the current building to a […]
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Greensboro Science Center Expanding
Read more Greensboro Science Center ExpandingA new café, retail and rental complex coming to the Greensboro Science Center will elevate the guest experience. Constructed as part of Expedition Rainforest: The Greensboro Biodome and Aquatic Rehabilitation and Conservation Center, the upper zoo plaza will be reimagined into a vibrant new hub featuring a brand-new café, enhanced retail offerings and rental spaces. […]
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Davidson County Moving Forward with Sports Complex
Read more Davidson County Moving Forward with Sports ComplexWhat is currently hundreds of acres of land will soon be home to the $65 million Davidson County Sports Complex. Davidson County Parks and Recreation Director Thomas Marshburn gave us a sneak peek of where the project will be built, directly behind Southmont Elementary School off NC 8 and Owens Road. “We’re shooting to open […]