News
The Carolina Core is gaining momentum. Read the latest economic news from the area.
Subscribe to the Carolina Core newsletter
-
MetOx International Inc. to Invest $193.7 million and Create 333 New Jobs in Chatham County
Read more MetOx International Inc. to Invest $193.7 million and Create 333 New Jobs in Chatham CountyMetOx International Inc., a pioneering manufacturer of high-temperature superconducting (HTS) wire, will invest $193.7 million to build a major production facility in Chatham County, creating 333 jobs. Headquartered in Houston, MetOx International aims to strengthen domestic supply chains and accelerate innovation in advanced energy technologies. HTS enables ultra-efficient power transmission with no energy loss, making […]
-
Cherokee Tobacco Company Selects Caswell County; Creates 39 Jobs, Invest $14 Million
Read more Cherokee Tobacco Company Selects Caswell County; Creates 39 Jobs, Invest $14 MillionCherokee Tobacco Company will create 39 new jobs and invest more than $14 million to build a new manufacturing and distribution operation in Caswell County. Cherokee Tobacco Company is a family-owned business that has manufactured and sold its own brand of cigarettes, cigars, and pipe products for more than two decades. The new build-to-suit facility […]
-
Superior Glove Selects High Point; Creates 100 Jobs
Read more Superior Glove Selects High Point; Creates 100 JobsSuperior Glove, a global leader in the design and manufacturing of safety gloves and sleeves, has selected High Point for its first manufacturing facility in the United States. Superior Glove has leased a 45,000 SF warehouse at 782 Gallimore Dairy Road with plans to make a significant capital investment and create over 100 jobs in […]
-
Wieland to Expand in Stokes County; Add 50 Jobs, Invest $27 Million
Read more Wieland to Expand in Stokes County; Add 50 Jobs, Invest $27 MillionWieland, a global copper manufacturer, will add 50 new jobs and invest more than $27 million in expanding its production facility in Pine Hall. Wieland is one of the world’s leading suppliers of semi-finished copper and copper alloy products. With a global network of production sites, Wieland offers a range of solutions for customers in […]
-
IQE to Expand in Greensboro, Add 190 Jobs and Invest $305 Million
Read more IQE to Expand in Greensboro, Add 190 Jobs and Invest $305 MillionIQE, Inc., a global semiconductor manufacturer, will expand in Guilford County, signaling its ongoing commitment to future investment in the region, subject to customer commitments and funding from the federal CHIPS Act. The company plans to add 109 jobs and invest $305 million over several years to expand its manufacturing facility for next generation compound […]
-
Toyota Tsusho America plans Winston-Salem location; Creates 39 Jobs
Read more Toyota Tsusho America plans Winston-Salem location; Creates 39 JobsToyota Tsusho America Inc. (TAI), a member of the Toyota Group, has chosen Winston-Salem’s Whitaker Park for a facility that will be used create sustainable recycling and waste-handling solutions for Toyota’s new battery manufacturing plant in Liberty, NC which is set to begin production in 2025. The project will create 39 jobs over five years. […]
-
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 […]
-
Team LaunchPoint Begins in High Point; Invests $300,000, Creates 40 Jobs
Read more Team LaunchPoint Begins in High Point; Invests $300,000, Creates 40 JobsA new venture capital firm and startup accelerator, Team LaunchPoint, will be established in High Point to create a hub for business development and job growth. The project will redevelop a 15,000-square-foot office building at 1321 Long Street into a multi-tenant facility for the parent venture firm and its startup companies, with two newly incorporated […]
-
Travel + Leisure: This Scenic Amtrak Route Doubles as a Giant Troll Scavenger Hunt
Read more Travel + Leisure: This Scenic Amtrak Route Doubles as a Giant Troll Scavenger HuntSeven giant trolls have taken up residence across North Carolina. Typically tucked into parks and natural settings, the trolls are spread across Charlotte, High Point, and Raleigh. They’re the work of Danish artist Thomas Dambo, known for his larger-than-life trolls crafted from recycled materials and assembled with the help of local volunteers. Travel + Leisure […]
-
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 […]
-
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 […]
-
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 […]