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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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Four New Speculative Buildings Planned for Davie County
Read more Four New Speculative Buildings Planned for Davie CountyThe Davie County Economic Development Commission said that there are four new speculative buildings planned for the county’s industrial parks. The buildings will range from 130,000 to 500,000 square feet in space and are currently in the planning stages or under construction to replace those filled in 2021 or 2022 by Hayward Holdings, Sportsfield Specialties, […]
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Thomas Built Buses Hiring in High Point
Read more Thomas Built Buses Hiring in High PointThomas Built Buses has announced plans to hire up to 280 employees as it adds a production shift. The shift will be in the manufacturer’s Saf-T-Liner C2 plant, which produces traditional and electric school buses. Thomas Built was founded in High Point in 1916 as a streetcar manufacturer. It began making school buses in 1936. […]
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City of High Point to Establish a Small-Scale Manufacturing Hub
Read more City of High Point to Establish a Small-Scale Manufacturing HubThe City of High Point plans to purchase a former industrial property and redevelop it into a “small-scale manufacturing” hub for southwest High Point. The City Council has authorized the purchase of 300 Oak St., a former Harriss & Covington hosiery plant and a current furniture showroom, along with a vacant 1.3-acre lot across the […]
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Technimark Expands in Randolph County; investing $62 million and Creating 220 Jobs
Read more Technimark Expands in Randolph County; investing $62 million and Creating 220 JobsTechnimark, LLC, a manufacturing solutions provider for the healthcare and consumer packaging markets, will expand its production operations in Randolph County, creating 220 jobs and investing $62 million. Technimark, headquartered in Asheboro, is a global manufacturing provider for the healthcare, consumer packaging and specialty industrial markets. Technimark specializes in precision injection molding, value-added assembly, and […]
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Bracco to Open First U.S. Location in Lee County; Invest $230 Million, Create 200 Jobs
Read more Bracco to Open First U.S. Location in Lee County; Invest $230 Million, Create 200 JobsBracco, a global leader in diagnostic imaging, will create 200 jobs and invest $230 million in opening its first U.S. location to manufacture contrast media in the Lee County city of Sanford. Founded in 1927, Bracco Imaging is a multinational life sciences company and a world leader in imaging diagnostic productions, contrast agents, medical devices, […]
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Elemance to Expand in the Innovation Quarter
Read more Elemance to Expand in the Innovation QuarterElemance, a biomechanics engineering company that was launched out of Wake Forest University Health Sciences, is expanding into a larger footprint within the Innovation Quarter to accommodate planned growth. The project is expected to generate $200,000 of investment and create five jobs over a three-year period. The company’s expansion is supported by a BioNest Grant […]
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Omega Industries Expands in Fayetteville; Invests $3.5 Million and Creates 20 Jobs
Read more Omega Industries Expands in Fayetteville; Invests $3.5 Million and Creates 20 JobsOmega Industries, Inc. has selected Fayetteville and Cumberland County for its new manufacturing facility. The company will invest $3.5 million in equipment and real estate and create 20 jobs. Omega Industries, Inc. is a nationally known manufacturer of railroad crossings, track products, and miscellaneous steel components. The company headquarters is in Vancouver, Washington, with other […]
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GeisterBio Expands in Winston-Salem
Read more GeisterBio Expands in Winston-SalemGeisterBio, Inc., a U.S. life sciences company founded by Austrian entrepreneur Noah Geister, is expanding its operations in Winston-Salem. The company plans to establish a lab and quality control operation at One Technology Place in the Innovation Quarter and make its first two local hires within the first six months. It projects 8-12 jobs over […]
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NC Zoo Announces Opening Date for Asia Expansion
Read more NC Zoo Announces Opening Date for Asia ExpansionThe North Carolina Zoo’s new Asia expansion will open on March 1, 2027. The new continent will be the Zoo’s first major development in more than 30 years. The 12.5-acre Asia region will feature innovative habitat designs and bring nearly 50 new species to the Zoo, including critically endangered Malayan tigers, Visayan warty pigs, white-cheeked […]
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Caterpillar to Invest $1 Billion in Sanford
Read more Caterpillar to Invest $1 Billion in SanfordCaterpillar Inc. plans to invest approximately $1 billion in Sanford, North Carolina to expand manufacturing capacity for products that support its growing Cat Compact℠ business, helping customers gain faster access to the machines they need to solve tough jobsite challenges and build homes, infrastructure and communities. The investment includes plans for a new modern manufacturing […]