News

Childress Technologies LLC, a new subsidiary of Richard Childress Racing Enterprises LLC, will open a plant in Davidson County to develop and manufacture engine components for the major manufacturers associated with NASCAR. The company will invest more than $192,000 to renovate a vacant 24,960-square-foot building in Lexington for the plant, which is expected to create… Read more »

Liberty Storage Solutions, which designs and manufacturers a range of products from simple storage buildings to elaborate man caves and she-sheds, will invest $8 million and expects to create 50 new jobs over the next three years with average annual wages of $47,500 plus benefits. This compares to the county’s average wage of $39,000. The… Read more »

Duke Energy has started construction on its 22.6-megawatt Stony Knoll Solar power plant in Dobson which is expected to open by the end of 2021. The facility will power the equivalent of 5,000 homes. Once completed, the plant is expected to create about 70 jobs and will also increase local tax revenues for Surry County… Read more »

An Alabama-based commercial equipment provider and servicer to a variety of industries will expand its operation near Mount Airy by adding 100,000 square feet and creating 100 new jobs, the company announced on Friday. Altec Industries Inc. has finalized an agreement with the Surry Board of County Commissioners on a deal that will bring state… Read more »

The Ardagh Group, a global manufacturer of sustainable beverage packaging, will invest $195 million and create 94 new jobs in Forsyth County to expand its largest US can manufacturing facility. The project will add 2 new high-speed can manufacturing lines at the facility on Old Milwaukee Lane along with additional building improvements. Today’s announcement represents… Read more »

A global maker of non-woven specialty fabrics headquartered in Brazil has announced it will invest $18 million to expand its manufacturing facility in High Point and create as many as 22 new jobs. Fitesa, whose North American headquarters is in Simpsonville, South Carolina, will install two new lines of machinery at its leased 204,172-square-foot building to make… Read more »