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Wolfspeed will Invest $5 billion for New Facility in Chatham County
Read more Wolfspeed will Invest $5 billion for New Facility in Chatham CountyWolfspeed, a global leader in silicon carbide semiconductor manufacturing, has chosen Siler City, NC for its newest semiconductor manufacturing plant. The company plans to invest more than $5 billion and will create 1,800 jobs. Wolfspeed, headquartered in Durham, was founded over 30 years ago on the campus of North Carolina State University. The company has […]
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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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STERIS to Create 335 Jobs; Invest $600 Million in Sanford
Read more STERIS to Create 335 Jobs; Invest $600 Million in SanfordSTERIS plc (NYSE: STE), a leading health care company, will create 335 jobs in Lee County. The company will invest $600 million in a new manufacturing and distribution Chemistries Manufacturing Center of Excellence in the city of Sanford. Founded in 1985, STERIS is a global provider of products and services that support patient care with […]
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PGA Stars on the Wyndham Championship Field in Greensboro
Read more PGA Stars on the Wyndham Championship Field in GreensboroFounded in 1938, the Wyndham Championship is the seventh-oldest event on the PGA Tour, excluding the majors. As the last tournament of the regular season, it sets the 70-player field for the FedEx Cup Playoffs. The annual contest is held on the Donald Ross-designed golf course at Sedgefield Country Club in Greensboro, NC. Justin Thomas, […]
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Skyeton to Invest $3.1 Million, Create 32 Jobs in Fayetteville
Read more Skyeton to Invest $3.1 Million, Create 32 Jobs in FayettevilleSkyeton, Inc., a manufacturer of unmanned aerial systems (UAS), will create 162 new jobs in Cumberland County. The company will invest more than $3.1 million in Fayetteville to establish its first flagship manufacturing operation in the United States. Headquartered in Las Vegas, Skyeton, Inc. is the U.S. subsidiary of Skyeton Holdings, a global manufacturer of […]
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Canadian ATV Manufacturer, Swamp Rider Chooses High Point; Invests $2.4 Million, Creates 60 Jobs
Read more Canadian ATV Manufacturer, Swamp Rider Chooses High Point; Invests $2.4 Million, Creates 60 JobsSwamp Rider, a Canadian manufacturer of amphibious all-terrain and utility task vehicles, will establish its first U.S. manufacturing facility in High Point. The company will invest $2.4 million in personal property and renovations and create 60 jobs over five years at 1908 Nugget Dr, High Point. Founded in Winnipeg, Canada, Swamp Rider produces specialized vehicles […]
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Dobson: A Hidden Gem for Wine Lovers
Read more Dobson: A Hidden Gem for Wine LoversOenophiles should head to the gorgeous Yadkin Valley—which boasts over 250 wineries and vineyards hidden within its rolling mountains—and stay in Dobson. This charmingly inviting winery town in North Carolina promises visitors drinks, food, and views galore. Although the Yadkin Valley has many towns that are worth visiting, Dobson is the birthplace of its wine […]
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Supreme Nonwoven Inc. to Invest $25.8 Million, Create 50 Jobs in Davidson County
Read more Supreme Nonwoven Inc. to Invest $25.8 Million, Create 50 Jobs in Davidson CountySupreme Nonwoven Inc., a leading manufacturer of advanced nonwoven materials and products, will create 50 new jobs in Davidson County. The company will invest $25.8 million to establish its first U.S. manufacturing facility in Lexington. Supreme Nonwoven Inc. is a subsidiary of Supreme Group, headquartered in India. The new facility in Lexington will be more […]