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Toyota to Invest Additional $2.5 billion, Create 350 More Jobs at Greensboro-Randolph Megasite
Read more Toyota to Invest Additional $2.5 billion, Create 350 More Jobs at Greensboro-Randolph MegasiteToyota will invest an additional $2.5 billion in its newest North American facility, Toyota Battery Manufacturing North Carolina (TBMNC). This investment adds capacity to support battery electric vehicle (BEV) battery production and adds 350 jobs, bringing the total employment to approximately 2,100. Scheduled to begin production in 2025, the facility will produce batteries for hybrid […]
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Metal Works to Expand in High Point; Add 20 Jobs
Read more Metal Works to Expand in High Point; Add 20 JobsMetal Works of High Point will expand its operations, investing $2,819,000 and adding 20 jobs. The company has purchased 1245 Hickory Chapel Rd. The 37,050-sf property will house a powder-coating line and additional room for assembly to help meet growing demand. The family-owned company, headquartered in High Point, manufactures metal components, weldments and assemblies for […]
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Lotus Bakeries to Create 62 New Jobs in Alamance County; Invest $84 Million
Read more Lotus Bakeries to Create 62 New Jobs in Alamance County; Invest $84 MillionSnack food company, Lotus Bakeries, will create 62 new jobs in Alamance County. The company will invest more than $84 million to add a new production facility at its Mebane location. New positions include operators, technicians, and material handlers, with a collective average annual salary of $47,873, exceeding Alamance County’s overall average annual wage of […]
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North Carolina Wins Area Development’s Inaugural Platinum Shovel Award
Read more North Carolina Wins Area Development’s Inaugural Platinum Shovel AwardNorth Carolina is one of two states that has received Area Development magazine’s inaugural 2022 Platinum Shovel award which recognizes states that went beyond the gold standard for investment and job creation. The Platinum Shovel award is part of Area Development’s annual celebration of economic development, which also includes the Gold and Silver Shovel awards. […]
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Four New Speculative Buildings Planned for Davie County
Read more Four New Speculative Buildings Planned for Davie CountyThe Davie County Economic Development Commission said that there are four new speculative buildings planned for the county’s industrial parks. The buildings will range from 130,000 to 500,000 square feet in space and are currently in the planning stages or under construction to replace those filled in 2021 or 2022 by Hayward Holdings, Sportsfield Specialties, […]
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Thomas Built Buses Hiring in High Point
Read more Thomas Built Buses Hiring in High PointThomas Built Buses has announced plans to hire up to 280 employees as it adds a production shift. The shift will be in the manufacturer’s Saf-T-Liner C2 plant, which produces traditional and electric school buses. Thomas Built was founded in High Point in 1916 as a streetcar manufacturer. It began making school buses in 1936. […]
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Governor Stein Celebrates National Apprenticeship Week at Davidson-Davie Community College
Read more Governor Stein Celebrates National Apprenticeship Week at Davidson-Davie Community CollegeGovernor Stein visited Davidson-Davie Community College for National Apprenticeship Week and celebrated the college’s work to train North Carolina’s nursing workforce. “Apprenticeships unlock doors of opportunity for the next generation, help employers develop homegrown talent, and support our state’s workforce needs,” said Governor Josh Stein. “This National Apprenticeship Week, we are doubling down on our […]
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Team LaunchPoint Begins in High Point; Invests $300,000, Creates 40 Jobs
Read more Team LaunchPoint Begins in High Point; Invests $300,000, Creates 40 JobsA new venture capital firm and startup accelerator, Team LaunchPoint, will be established in High Point to create a hub for business development and job growth. The project will redevelop a 15,000-square-foot office building at 1321 Long Street into a multi-tenant facility for the parent venture firm and its startup companies, with two newly incorporated […]
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Travel + Leisure: This Scenic Amtrak Route Doubles as a Giant Troll Scavenger Hunt
Read more Travel + Leisure: This Scenic Amtrak Route Doubles as a Giant Troll Scavenger HuntSeven giant trolls have taken up residence across North Carolina. Typically tucked into parks and natural settings, the trolls are spread across Charlotte, High Point, and Raleigh. They’re the work of Danish artist Thomas Dambo, known for his larger-than-life trolls crafted from recycled materials and assembled with the help of local volunteers. Travel + Leisure […]
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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 […]