News
The Carolina Core is gaining momentum. Read the latest economic news from the area.
Subscribe to the Carolina Core newsletter
-
US Foods Expanding in Lexington
Read more US Foods Expanding in LexingtonUS Foods, one of America’s leading foodservice distributors announced its plans to expand its US Foods Stock Yards® operations to a 220,000-square-foot space at 133 Lexington Parkway, Lexington. The building is the former home of the Save-A-Lot grocery distribution center. The new location will support the growth and expansion of the company’s US Foods Stock […]
-
James M. Pleasants Company Consolidates in Greensboro; Invests $30 Million and Creates 40 Jobs
Read more James M. Pleasants Company Consolidates in Greensboro; Invests $30 Million and Creates 40 JobsJames M. Pleasants Company Inc. (JMP), a major distributor and sales representative for HVAC, plumbing, and other industrial equipment, will consolidate its Greensboro operations into a new facility, creating 40 jobs over five years. JMP will invest $30 million in Guilford County. JMP operates in locations across the Southeastern United States. The company’s consolidation in […]
-
Ross Stores to Build Distribution Center in Randolph County; Create 850 job, Invest $450 Million
Read more Ross Stores to Build Distribution Center in Randolph County; Create 850 job, Invest $450 MillionRoss Stores, Inc. will build a new distribution center and create 852 jobs in Randolph County. The company will invest $450 million to build a Southeastern region distribution center in the City of Randleman. Ross Stores is a $20 billion, Fortune 500 company that operates two off-price chains including Ross Dress for Less, the largest […]
-
Carolina Core Leaders Celebrate Future Interstate 685 Designation
Read more Carolina Core Leaders Celebrate Future Interstate 685 DesignationLeaders from the Carolina Core region gathered to celebrate the upcoming designation of Interstate 685, marking a significant milestone for regional transportation and economic development. The event featured the unveiling of a sign commemorating the future interstate designation. Local officials highlighted the potential benefits of improved connectivity for businesses and communities, emphasizing how the new […]
-
John Deere to Expand in Kernersville; Invest $70 Million, Add 150 New Jobs
Read more John Deere to Expand in Kernersville; Invest $70 Million, Add 150 New JobsJohn Deere, a manufacturer of heavy equipment and machinery, will invest about $70 million to build a new 380,000-square-foot factory in Kernersville, an expansion of its John Deere Kernersville campus. The factory will produce small, 6 to 10 metric ton, excavators and is expected to add about 150 new jobs. Currently, about 600 salaried and […]
-
Walmart Adding 600,000 SF, Creating 450 Jobs at Mebane Distribution Center
Read more Walmart Adding 600,000 SF, Creating 450 Jobs at Mebane Distribution CenterWalmart plans to build a second distribution center in Mebane, NC and create 450 jobs. The facility will be 599,006 sq ft and will be built in front of, to the west and right of, the existing Walmart distribution center, which is 460,000 sq ft. The new facility will be a distribution center for dry […]
-
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, […]
-
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 […]
-
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 […]
-
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 […]
-
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 […]
-
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 […]