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The Carolina Core is gaining momentum. Read the latest economic news from the area.
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PolarOnyx Relocates to Chatham County
Read more PolarOnyx Relocates to Chatham CountyPolarOnyx, a California-based advanced laser 3D manufacturing company, recently relocated to Chatham County from Silicon Valley. PolarOnyx will take over the 142,000 sq ft former Performance Bicycle building off U.S. Highway 15-501 to accommodate production and workspace for employees. Founded in 2002, PolarOnyx designs, develops, and manufactures products for the medical industry, defense and aerospace […]
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Ontex Group invests $96M and brings 403 jobs to Rockingham County
Read more Ontex Group invests $96M and brings 403 jobs to Rockingham CountyA manufacturer of diaper and feminine hygiene products will bring $96 million in capital investment and 403 new jobs to Rockingham County in the coming months, according to economic development officials and the CEO of the Belgium-based Ontex Group, Charles Bouaziz. Read More…
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Signs of the times: Transportation, workforce take center stage as region markets Carolina Core
Read more Signs of the times: Transportation, workforce take center stage as region markets Carolina CoreDon’t be surprised if in the months ahead you notice a little something different as you cross from one county into another along U.S. 421 through the Triad and southeast toward Sanford and Fayetteville. Read more…
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Piedmont Triad International Airport leads the state in cargo shipments, aircraft maintenance jobs
Read more Piedmont Triad International Airport leads the state in cargo shipments, aircraft maintenance jobsDramatic growth in cargo shipments from the FedEx Express hub at Piedmont Triad International Airport has made the airport the leader in cargo for all of the state’s public airports, a new report from the N.C. Department of Transportation shows.
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Cook Medical completes purchase of Whitaker Park space; 650 workers will move to the former R.J. Reynolds Tobacco Co. facility
Read more Cook Medical completes purchase of Whitaker Park space; 650 workers will move to the former R.J. Reynolds Tobacco Co. facilityCook Medical said Wednesday it has completed purchasing an 850,000-square-foot section of the former Whitaker Park manufacturing complex in Winston-Salem.
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New state laws bring tax breaks, other changes in 2019
Read more New state laws bring tax breaks, other changes in 2019The final phase of the 2013 tax overhaul takes effect in tax year 2019. The state's personal income tax rate will drop from 5.499 percent to 5.25 percent, while the corporate tax rate sees a bigger decline, from 3 percent to 2.5 percent, the lowest rate in the country among states that impose a corporate income tax.
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Food Lion Parent to Invest $860 Million and Create 505 Jobs in Guilford County
Read more Food Lion Parent to Invest $860 Million and Create 505 Jobs in Guilford CountyAhold Delhaize USA, the leading grocery retail group and parent company of Food Lion, will invest more than $860 million to build a new distribution center in the Guilford County section of the City of Burlington. Over time, the project will create 505 full-time jobs and support distribution infrastructure for the company’s grocery brands on […]
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GTCC Breaks Ground on New Aviation Campus
Read more GTCC Breaks Ground on New Aviation CampusGuilford Technical Community College officially broke ground on the first phase of its new aviation campus. Minutes away from Piedmont Triad International Airport (PTIA), the $34.6 million, 70,000-square-foot training center will be constructed on GTCC’s Cameron campus and will expand the college’s aviation training facilities. The new campus will house the college’s aviation programs such […]
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Lenovo Expands in Guilford County; Invests $77 Million, Adds 400 New Jobs
Read more Lenovo Expands in Guilford County; Invests $77 Million, Adds 400 New JobsLenovo, a global technology leader in personal computing and IT intends to expand its existing manufacturing and fulfillment facility located at 6550 Judge Adams Rd in Whitsett. The company will create more than 400 new jobs and invest $77 million in Guilford County to strengthen the company’s footprint in the Triad, further integrating the region […]
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ReAgent Chemical Services Selects Winston-Salem; Invests $4.8 Million, Creates 30 Jobs
Read more ReAgent Chemical Services Selects Winston-Salem; Invests $4.8 Million, Creates 30 JobsReAgent Chemical Services, Ltd., a United Kingdom-based chemical manufacturer, has selected a site in Winston-Salem to establish a new facility. The company manufactures laboratory and other specialty chemicals to a wide range of industries. The company will generate 30 new jobs and $4.8 million in capital investment over five years. “Having identified significant potential for […]
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Rollease Acmeda Begins Operations in Hope Mills; Creates 50 Jobs
Read more Rollease Acmeda Begins Operations in Hope Mills; Creates 50 JobsRollease Acmeda, a worldwide company in the window covering industry, has begun operations at a new state-of-the-art facility in Cumberland County. The company create at least 50 local jobs. The facility, located off Tom Starling Road, includes 100,000 SF of distribution space and will serve as the hub for the Americas region. The company has […]
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GMAX Industries Chooses Winston-Salem; Invests $11.4 Million, Creates 36 Jobs
Read more GMAX Industries Chooses Winston-Salem; Invests $11.4 Million, Creates 36 JobsGMAX Industries, Inc., a manufacturer of medical products, will create 36 new jobs in Forsyth County. The company will invest $11.4 million to establish its first North American production facility in Winston-Salem. GMAX provides essential products, including medical textiles, patient bedside plastics and single-use OEM components. The company is expanding its U.S. footprint with a […]