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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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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 […]
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German National Football Team Selects Winston-Salem
Read more German National Football Team Selects Winston-SalemThe German Men’s National Team has selected Winston-Salem as its home base for the 2026 FIFA World Cup, choosing Wake Forest University and The Graylyn Estate as its official training site and team headquarters. Germany is one of the most successful national teams in the history of the sport, having won FIFA World Cup titles […]
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The Pyrle to Anchor Downtown Greensboro’s Live-Music Scene
Read more The Pyrle to Anchor Downtown Greensboro’s Live-Music SceneThe Pyrle is set to become a primary anchor for the south end of Elm Street, filling a “missing link” in Greensboro’s live-music ecosystem as an intimate, high-energy alternative to the Tanger Center. The multi-level venue features a state-of-the-art Meyer sound system, a large LED wall, and flexible space designed for concerts, film festivals, and […]
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Hoffman & Hoffman to Expand in Greensboro; Invest $13.5 Million, Create 131 New Jobs
Read more Hoffman & Hoffman to Expand in Greensboro; Invest $13.5 Million, Create 131 New JobsHoffman & Hoffman, Inc., a leader in delivering comprehensive HVAC solutions and building automation services, has announced a $13.5 million capital investment to expand operations at its new location on Triad Center Drive in Greensboro, NC. The project will create 131 new, high-quality jobs with an average annual salary of $77,137, while retaining 335 existing […]