Toyota To Build Battery Manufacturing Plant at Greensboro-Randolph Megasite


Toyota will build its first North American battery manufacturing plant for a new generation of vehicles in North Carolina, creating at least 1,750 jobs. Toyota will invest $1.29 billion at the Greensboro-Randolph Megasite. The new plant in Randolph County will initially produce batteries for Toyota’s hybrid electric vehicles, and intends to produce batteries for battery… Read more »

Smart Pallet maker to invest $40 million, create 200 jobs in Davie County


Palltronics, the maker of the world’s first fully-trackable shipping pallet, has chosen Mocksville for its first manufacturing facility. The highly-anticipated pallets are already sold out for the first three years of production. The Michigan-based company has leased a new 253,000-square-foot industrial building in the SouthPoint Business Park on US 601 North and plans to invest… Read more »

Site Selection Magazine Ranks North Carolina’s Business Climate No. 1


North Carolina ranks as the nation’s top state business climate in 2021, claiming the lead position for the second year in a row, according to Site Selection magazine. North Carolina held the No. 2 spot in Site Selection magazine’s annual ranking for five consecutive years before rising to the top spot in 2020 in a… Read more »

Pharmaceutical manufacturer Cambrex plans High Point expansion


Pharmaceutical manufacturer Cambrex Corp. said Friday it will create 78 new jobs in High Point as part of a $30 million manufacturing expansion. Cambrex focuses on the small molecule sector that provides drug substance, drug product and analytical services across the entire drug lifecycle. With 40 years’ experience, Cambrex serves clients in North America and… Read more »

Mohawk Industries Expanding in Davidson County


Mohawk Industries, a manufacturer of flooring products and accessories, will create 87 new jobs and invest $87 million to expand its laminate manufacturing facility in Thomasville. Mohawk Industries is a Fortune 500 leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. The company has operated in North Carolina… Read more »

Woodgrain Inc. Saves 80 Jobs in Surry County


Woodgrain Inc., has acquired the assets of former mill operations owned by Independence Lumber Inc. of Elkin, saving 80 jobs with plans to create an additional 10 as it ramps up ongoing production. The company plans to invest an additional $1 million in new machinery and equipment over the next two years. Woodgrain Inc. makes… Read more »

Precision Textiles to locate production facility in Troy


Precision Textiles, a global supplier of coated fabrics, nonwovens and laminates, will locate a manufacturing facility in Troy to better serve its customer base in the mattress industry. The Totowa, New Jersey-based company will employ 100 at the plant in Montgomery County and also operates a warehouse in Archdale. “This new factory will enable us… Read more »

Nature’s Value Inc. to Invest $19 million and Create 183 Jobs in Forsyth County


Nature’s Value Inc., a global contract vitamin and dietary supplements manufacturer, that will create more than 183 new jobs in Forsyth County. The company will be expanding its manufacturing operations to Winston-Salem with an investment exceeding $19 million. Nature’s Value is a one of the nation’s leading producer of vitamins and dietary supplements. The New… Read more »

Three Companies to Locate in High Point


Classical Elements Inc., M2C Studio & Leyla Gans LLC are locating in High Point. The three companies owned by Stuart and Leyla Gans will operate in the historic mill building and create approximately 30 jobs in the facility, which will serve as the headquarters location for all three companies. Classical Elements and M2C Studio are… Read more »

Second Harvest Food Bank Holds Groundbreaking at Whitaker Park


Second Harvest Food Bank held a groundbreaking ceremony on the site of its future headquarters facility at Whitaker Park in Winston-Salem. The new, 139,192 square foot Second Harvest headquarters facility and accompanying technology will address space challenges and operational inefficiencies currently facing the Food Bank, which in 2009 was distributing 9 million pounds of food… Read more »

Childress Technologies to Create 21 Jobs in Davidson County


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 Expanding in Davie County


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 begins construction on Solar Power Plant in Surry County


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 »

Altec Industries will expand its Surry County plant, create 100 new jobs


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 »

Kieffer Starlite Expanding in Mount Airy


Kieffer Starlite, a national sign builder is expanding its primary facility and consolidating its operations in Mount Airy. Kieffer Starlite performs graphics, welding fabrication, painting and electrical assembly production in the building, where it will be joined by thermoforming operations. The company employs 145, 35 in Mount Airy. The consolidation and expansion is expected to… Read more »

Ardagh Group Expands in Forsyth County, to Add 94 Jobs


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 »

Specialty fabrics maker from Brazil announces expansion in High Point


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 »

DC BLOX Chooses High Point, North Carolina for $305 Million Data Center


DC BLOX, a provider of interconnected multi-tenant data centers that deliver the infrastructure and connectivity essential to power today’s digital business, announces that the company has acquired land in High Point, North Carolina with plans to construct the first highly secure, Tier III data center in the Carolina Core / Piedmont Triad region which includes… Read more »

NC Ranks Among Top States in Competitive Corporate Taxes


North Carolina ranks among the nation’s best-performing states overall in a study comparing state corporate tax costs across the country, according to a Tax Foundation report. The distinctive study modeled eight different types of new and mature firms and analyzed what each would pay in state and local taxes in each state. North Carolina ranked… Read more »

CEO Survey Ranks NC as a Top 5 State for Business


North Carolina now ranks No. 4 among the nation’s top-performing states in the 2021 Best and Worst States for Business survey conducted by Chief Executive magazine. For the latest report, Chief Executive surveyed 383 CEOs across the country in March about their opinions of all 50 states. “Our top-tier ranking in the Chief Executive magazine… Read more »

California coffee roaster moving to High Point, bringing 44 jobs


Puroast Coffee Co. Inc., a coffee roasting company, is relocating its headquarters from Woodland, California to High Point. The company has leased a 36,000-square-foot building at 905 W. Market Center Drive, where it plans to invest more than $1.5 million and create 44 jobs over the next two years with plans for growth beyond that.… Read more »

NOA Living to Repurpose 128-year-old Burlington building


The old Lakeside Mill in Burlington is coming back to life in Burlington. The building, which dates to 1893, was chosen by NOA Living, a Raleigh-based furniture and design company has for its new showroom and production facility. The company focuses on repurposing old materials and turning them into hand-crafted furniture, carpets, and accessories. Now,… Read more »

Hayward Holdings Announces Corporate Relocation To North Carolina


Hayward Holdings, Inc. (NYSE: HAYW) a global designer, manufacturer and marketer of a broad portfolio of pool equipment and associated automation systems, will relocate its corporate office functions to North Carolina from Berkeley Heights, New Jersey. Hayward will move its senior leadership team, corporate human resources, US sales leadership, corporate finance and other strategic functions… Read more »

Hem Mills Moving to Burlington


Hem Mills, maker of knitted fabrics, woven fabrics and elastics out of hemp and natural fibers will be moving to Burlington. The company plans to invest $20 million in an 80,000-square-foot facility in the Burlington area. She has not yet finalized a site, but has narrowed her search to two undisclosed locations. The new site… Read more »

Syngenta Crop Protection Expands in Greensboro


Syngenta Crop Protection and invest $68 million to redevelop and rebuild a significant portion of its campus in Greensboro. The company will build new offices and labs on the northern part of its property. The... Read more »

Hot Shots Distributing Moving to High Point


Hot Shots Distributing, Inc., a distributor of hot sauce and fiery food products to large and small retailers, boutiques, and gift stores, has announced plans to invest $565,000 in a new distribution and manufacturing operation... Read more »

Stokes County Company Expanding


Machine & Welding of Danbury a family-owned and operated company established in 2013, is investing approximately $3 million in a new 37,500-square-foot building where it will relocate its manufacturing operations from its current 8,500-square-foot facility.... Read more »

Forsyth Tech Receive $5 million Department of Labor grant


Forsyth Technical Community College has been awarded $5 million from the Department of Labor grant to support community colleges in advancing career pathways in manufacturing to meet employers’ demand for more skilled workers. Forsyth Tech will lead a consortium of eight community... Read more »

LookUp Aviation Plans to open in Winston-Salem


LookUp Aviation, an aircraft building company, plans to open at Smith Reynolds Airport in Winston-Salem in the first quarter of 2021. The company will be the exclusive East Coast distributorship of South African company Sling... Read more »