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The Carolina Core is gaining momentum. Read the latest economic news from the area.
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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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Publix picks Greensboro for $400M, 1,000 job distribution center
Read more Publix picks Greensboro for $400M, 1,000 job distribution centerPublix Super Markets will build a $400 million distribution center in Greensboro, a project expected to create more than 1,000 jobs with an average salary of $44,000.
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FedEx Express will double its workforce at Piedmont Triad International Airport
Read more FedEx Express will double its workforce at Piedmont Triad International AirportThe FedEx Express Mid-Atlantic air Hub at the Piedmont Triad International Airport is expected to double its workforce over the next several months and has already begun recruiting the 400 new employees.
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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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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 […]
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JetZero Breaks Ground on 8 Million Sq Ft at PTI
Read more JetZero Breaks Ground on 8 Million Sq Ft at PTIJetZero broke ground on its first manufacturing and final assembly campus, an 8 million square foot factory on more than 600 acres in Greensboro. The location will be home to production of JetZero’s next-generation aircraft and will create 14,500 jobs over the next 10 years. In Greensboro, JetZero will produce the Z4, designed for the […]
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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 […]