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Siemens Mobility, Inc. to Build in Davidson County, Create 506 Jobs and Invest $220 Million
Read more Siemens Mobility, Inc. to Build in Davidson County, Create 506 Jobs and Invest $220 MillionSiemens Mobility, Inc., global manufacturer of rail transportation vehicles and control systems, will build a major advanced manufacturing and rail services center in Davidson County, creating 506 jobs. The company will invest $220 million in Lexington, creating a new carbon neutral facility that will serve the company’s East Coast markets. Siemens Mobility’s advanced manufacturing center […]
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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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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 […]