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IQE Expanding in Greensboro, Adding 31 Jobs

IQE, a semiconductor manufacturer based in the United Kingdom is expanding its Greensboro manufacturing operation with an expected 31 new jobs by the end of 2026. The new jobs will primarily be technicians and engineers working on semiconductor production, with an average salary of approximately $66,000 a year. IQE’s wafers and materials are used in… Read more »

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NC Rural Infrastructure Authority Awards Grants to Carolina Core Communities to Create 122 jobs

The North Carolina Rural Infrastructure Authority (RIA) has approved 17 grant requests to local governments totaling $5,710,255. These grants are for projects that have committed to creating 1,382 jobs and will attract more than $5 billion in private investment across the state. Five of these grants were awarded to Carolina Core communities. 1. Stokes County:… Read more »

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Lancaster to Create 27 New Jobs in Randolph County

Lancaster Inc., a luxury upholstery maker, will relocate and expand with a $5 million investment in a new facility in Archdale. The company intends to retain its current 25 full-time employees and create at least 27 new jobs with an average annual salary of $46,000 over five years. Lancaster Inc. will build a plant on… Read more »

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SteriTek to Invest $59.9 million and Create 50 Jobs in Alamance County

SteriTek, a contract sterilizer, will invest $59.9 million to build an East Coast sterilization facility in Burlington, NC. The project will create 50 new jobs. SteriTek, established in 2016 and based in California, uses electron beam and X-ray systems to sterilize high volumes of medical devices for the medical, biotechnology, pharmaceutical and tissue industries. The… Read more »

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U.S. Department of Commerce Awards $3.1 million to Triad Organizations

The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $3.1 million in grants to support business development and job growth in North Carolina communities impacted by the declining use of coal. Gateway Research Park Inc., Greensboro, will receive a $2.1 million grant to expand a manufacturing facility in support of the growth of… Read more »

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Wolfspeed will Invest $5 billion for New Facility in Chatham County

Wolfspeed, 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… Read more »

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Sunlight Batteries USA to Locate in Alamance County; Invest $40 million and Create 130 Jobs

Sunlight Batteries USA, Inc., a manufacturer of lithium-ion and other high-performance batteries, will invest $40 million to expand its operations into Alamance County. The company will create more than 130 jobs for its new facility in Mebane. The new facility will use robot-assisted technology to develop and produce lead-acid and lithium-ion batteries for industrial applications.… Read more »

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Toyota to Invest Additional $2.5 billion, Create 350 More Jobs at Greensboro-Randolph Megasite

Toyota 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… Read more »

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Frank L. Blum Construction Creating Jobs in Winston-Salem

Frank L. Blum Construction, a commercial general contractor headquartered in Winston-Salem will invest more than $3.8 million and create 35 new jobs to expand in Winston-Salem. The company will relocate its existing headquarters operations from East 25th Street to a newly acquired office building located on Pilgrim Court. The company was awarded a $250,000 Building… Read more »

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Twitter

NC has the third best state climate for #aerospace #manufacturing in 2022!

@PwCUS attributes this to improved cost structure & infrastructure quality which have led #aerospace manufacturers like @hondajet & @boomaero to select the #CarolinaCore as home.

http://bit.ly/3lMo7pU

🚨 GIVEAWAY 🚨

We're working in conjunction with @CarolinaCore_FC to give away one free hat this week!

Winner will be announced on this weekend's show.

Details on how to enter below 👇

#NCSoccer #CarolinaCore

'We're super excited about it': Wolfspeed CEO ready to welcome President Joe Biden @NCCarolinaCore #CarolinaCore https://abc11.com/durham-wolfspeed-president-joe-biden-visit/13016228/

In 2022, NC was ranked the top state for business by @CNBC with building, electricity & living costs below the national average.

NC is also the third fastest-growing state with new members of the workforce arriving every day in the #CarolinaCore!

http://bit.ly/3JFcJW4

The Greensboro-High Point area has been ranked 8th in the top-10 of @SiteSelection's mid-tier metros with 27 #econdev projects planned.

The #CarolinaCore's @VinFastUS & @Wolfspeed projects were also ranked in the top-10 of individual project categories.

http://bit.ly/3ZIDdLM

BREAKING: @SiemensMobility will invest $220 million to build an eastern U.S. rail car manufacturing facility in @CityofLexington. The project will create 500+ new jobs and will be supported by a $32.8 million incentive package.

The #CarolinaCore is moving full steam ahead! 🚂

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Burlington's city council approved $2.2M in subsidies for a new aviation center that @Labcorp plans to develop at @FlyBurlingtonNC.

LabCorp will construct the 54K sq. ft. facility on 7 acres of land. #econdev #CarolinaCore

@BurlingtonNC
@alamancechamber

http://bit.ly/3J41HcI

Heads up, @CityofLexington!

EGGER Group will invest $22M in its Lexington plant to make a key component for particle board & $21M to boost production of laminate.

The company promises 770 jobs & $700M in investment over 15 years. #econdev #CarolinaCore

https://bit.ly/3SBJR3N

The #CarolinaCore welcomes @accwbb, @accmbb & @MarchMadnessMBB throughout the month of March to @greensborocity where there's room for adventure and discovery around every corner. 🌳

The @Ally ACC Women's Basketball Tournament kicks off at 1 PM today at the @Gbocoliseum.

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