2022-12-14T20:50:18+00:00
Nelipak Healthcare Packaging, a leading global healthcare packaging manufacturer, will initially invest at least $11.8 million to establish a flexible packaging production site in Winston-Salem. The company says it will create at least 36 new jobs in Forsyth County and expects to make additional investments and job creation at the site over the next five… Read more »
2022-12-09T20:48:38+00:00
The North Carolina Rural Infrastructure Authority (RIA) has approved 14 grant requests to local governments totaling $2,979,648. These grants are for projects that have committed to creating 366 new jobs and will attract more than $295 million in private investment across the state. Five of these grants were awarded to Carolina Core communities. 1. City… Read more »
2022-12-06T20:46:43+00:00
Krispy Kreme, based in Charlotte and founded in Winston-Salem in 1937, will invest $5.8 million and add 180 jobs during the next three to four years to produce more of its pre-packaged goods at its plant on Ivy Avenue in Winston-Salem. “With this project, we look forward to growing our presence in Winston-Salem, a city… Read more »
2022-12-06T20:45:44+00:00
Sumitomo Forestry America, Inc., a comprehensive housing and wood products company will establish a manufacturing facility and invest $19.5 million in Archdale and create 129 jobs. Sumitomo Forestry America is a wholly owned subsidiary of Sumitomo Forestry Co., Ltd., a Nikkei-listed forestry company headquartered in Tokyo. Sumitomo Forestry has accumulated technologies and expertise related to… Read more »
2022-12-06T15:28:30+00:00
Alamance Foods, Inc., a manufacturer of a variety of consumer food products, will create 135 jobs and invest $42 million to expand its North Carolina operations in Alamance County. Alamance Foods (AFI), with headquarters in Burlington, started from humble North Carolina roots more than 100 years ago when R.W. Scott began selling the extra cream… Read more »
2022-11-06T20:36:02+00:00
Ziehl-Abegg, Inc., a manufacturer of commercial ventilation systems, will create 189 new jobs and invest more than $100 million to expand its operations and relocate its North American headquarters to Winston-Salem Founded in 1910 as a motor manufacturer, Ziehl-Abegg is a German-based company that produces innovative industrial fan systems and motors with 5,000 employees worldwide.… Read more »
2022-11-02T20:34:16+00:00
IQE, a semiconductor manufacturer based in the United Kingdom is expanding its Greensboro manufacturing operation with an expected 31 new jobs by the end of 2026. The new jobs will primarily be technicians and engineers working on semiconductor production, with an average salary of approximately $66,000 a year. IQE’s wafers and materials are used in… Read more »
2022-10-21T20:31:50+00:00
The North Carolina Rural Infrastructure Authority (RIA) has approved 17 grant requests to local governments totaling $5,710,255. These grants are for projects that have committed to creating 1,382 jobs and will attract more than $5 billion in private investment across the state. Five of these grants were awarded to Carolina Core communities. 1. Stokes County:… Read more »
2022-10-19T15:43:02+00:00
Lancaster Inc., a luxury upholstery maker, will relocate and expand with a $5 million investment in a new facility in Archdale. The company intends to retain its current 25 full-time employees and create at least 27 new jobs with an average annual salary of $46,000 over five years. Lancaster Inc. will build a plant on… Read more »
2022-09-20T22:05:53+00:00
SteriTek, a contract sterilizer, will invest $59.9 million to build an East Coast sterilization facility in Burlington, NC. The project will create 50 new jobs. SteriTek, established in 2016 and based in California, uses electron beam and X-ray systems to sterilize high volumes of medical devices for the medical, biotechnology, pharmaceutical and tissue industries. The… Read more »
2022-09-13T22:10:37+00:00
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $3.1 million in grants to support business development and job growth in North Carolina communities impacted by the declining use of coal. Gateway Research Park Inc., Greensboro, will receive a $2.1 million grant to expand a manufacturing facility in support of the growth of… Read more »
2022-09-07T22:12:58+00:00
Sunlight Batteries USA, Inc., a manufacturer of lithium-ion and other high-performance batteries, will invest $40 million to expand its operations into Alamance County. The company will create more than 130 jobs for its new facility in Mebane. The new facility will use robot-assisted technology to develop and produce lead-acid and lithium-ion batteries for industrial applications.… Read more »
2022-08-31T22:14:02+00:00
Toyota will invest an additional $2.5 billion in its newest North American facility, Toyota Battery Manufacturing North Carolina (TBMNC). This investment adds capacity to support battery electric vehicle (BEV) battery production and adds 350 jobs, bringing the total employment to approximately 2,100. Scheduled to begin production in 2025, the facility will produce batteries for hybrid… Read more »
2022-08-30T22:18:49+00:00
Imaflex USA, Inc., a flexible packaging manufacturer, will add 37 new jobs in Davidson County. The company will invest up to $15 million for a major building expansion along with capital equipment for its U.S. production site in Thomasville. Imaflex USA is the U.S. operation for Imaflex Inc., a Montréal-based developer and manufacturer of polyethylene… Read more »
2022-08-18T21:29:31+00:00
Frank L. Blum Construction, a commercial general contractor headquartered in Winston-Salem will invest more than $3.8 million and create 35 new jobs to expand in Winston-Salem. The company will relocate its existing headquarters operations from East 25th Street to a newly acquired office building located on Pilgrim Court. The company was awarded a $250,000 Building… Read more »
2022-08-03T21:18:46+00:00
U.S. Secretary of Commerce Gina Raimondo announced a $23.7 million American Rescue Plan Good Jobs Challenge grant to North Carolina Agricultural and Technical State University to create STEPs4GROWTH, a clean energy workforce training program. North Carolina A&T’s portion of the overall $500 million Good Jobs Challenge, which is funded by the American Rescue Plan, is… Read more »
2022-07-26T21:15:12+00:00
Equus Capital Partners is developing a 37.8 acres site with a 340,750-square-foot light industrial spec building at the southeast corner of Guilford College Road and West Market Street, only a few minutes from Interstate 40, I-73 and I-840. CBRE Triad is marketing the project as I-40 Industrial Center Greensboro with delivery scheduled for second quarter… Read more »
2022-07-15T21:13:36+00:00
North Carolina has been named the Best Business Climate in the nation by Business Facilities magazine, “North Carolina hit a new level for business attraction and retention over the past 12 months, and our ranking of the state for Best Business Climate recognizes what an increasing number of companies have recognized by locating or expanding… Read more »
2022-07-13T21:10:10+00:00
CNBC named North Carolina as America’s Top State for Business in 2022. The CNBC study looks at 88 metrics in ten categories of competitiveness. North Carolina ranked highly in the Economy, Access to Capital and Technology and Innovation categories. North Carolina has placed in the top 5 three times since 2017. Since 2017, North Carolina… Read more »
2022-06-28T10:26:15+00:00
Elizabeth City State University is partnering with Piedmont Flight Training and AeroX to offer a four-year online program in aviation science, which includes a pilot’s license. Piedmont Flight Training will be ECSU’s affiliated flight school partner, training students at its Smith Reynolds Airport facility in Winston-Salem. AeroX, a nonprofit organization building air traffic control infrastructure… Read more »
2022-06-16T22:00:28+00:00
Metal Works of High Point will expand its operations, investing $2,819,000 and adding 20 jobs. The company has purchased 1245 Hickory Chapel Rd. The 37,050-sf property will house a powder-coating line and additional room for assembly to help meet growing demand. The family-owned company, headquartered in High Point, manufactures metal components, weldments and assemblies for… Read more »
2022-06-06T21:57:20+00:00
Snack 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… Read more »
2022-06-03T21:51:41+00:00
North 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.… Read more »
2022-05-27T14:44:26+00:00
The 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,… Read more »
2022-05-18T16:22:31+00:00
Thomas 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.… Read more »
2022-05-06T14:25:35+00:00
The 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… Read more »
2022-04-21T01:26:57+00:00
Technimark, 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… Read more »
2022-04-18T14:28:53+00:00
Axiom Space will partner with the Wake Forest Institute for Regenerative Medicine (WFIRM) and the RegenMed Development Organization (ReMDO). The company will also lease space in the ReMDO Innovation Accelerator, The collaboration will “expand the commercial space economy and support biomedical commercial innovations and manufacturing for biomedical applications in low orbit.” The space station developed… Read more »
2022-04-08T01:23:30+00:00
Nucor Corporation, a steel and steel product manufacturer, will build a new “micro-mill” in Lexington. The company, which has its headquarters in Charlotte, will invest $350 million into the project which will create 180 jobs with an average annual wage of $99,066, higher than the Davidson County average of $45,117. Nucor is the largest recycler… Read more »
2022-04-06T14:36:42+00:00
Häfele America Co., a worldwide supplier of furniture and architectural hardware components, will add 94,200 sq ft of space to its Archdale distribution center and warehouse. The facility will have 221,200 square feet when the expansion is completed. The overall project is projected to be a $13 million capital investment set to be completed in… Read more »
2022-03-03T16:14:16+00:00
Truliant Federal Credit Union is expanding its workforce with a pledge to hire more than 100 employees during 2022. The Winston-Salem-based credit union said the additional workers are needed foremost in its technology and products and services areas. which include mortgage lending, insurance, indirect auto lending and business lending. About half of the jobs are… Read more »
2022-02-23T16:16:44+00:00
RPM Wood Finishes Group will invest $25 million in a new Greensboro facility. The new facility will create 53 new jobs that pay an average of $70,000. The company makes finishing products for things like wooden furniture, wooden floors, fabrics, and more. RPM’s new facility on Thorndike Road will occupy 60,000 square feet of office… Read more »
2022-02-18T15:12:46+00:00
Nordfab Americas, a manufacturer of dust collection ducting for commercial and industrial applications will expand its Thomasville manufacturing facilities with a $5.5 million investment and create 25 new jobs. The company will expand its production and warehouse space from 87,000 square feet to 141,000 square feet. The new jobs created will include assembly personnel, engineers,… Read more »
2022-02-02T15:05:53+00:00
BrassCraft Manufacturing Co., a leader in the design manufacturing and distribution of plumbing products, will invest more than $13 million and create nearly 100 jobs to expand its manufacturing operations in Thomasville. “The Thomasville team is critical to delivering the quality and craftsmanship that plumbers and contractors have come to expect from BrassCraft products,” said… Read more »
2022-01-27T20:24:44+00:00
Boom Supersonic, the company building the world’s fastest and most sustainable supersonic airliner, announced plans to build the Overture Superfactory that will serve as its primary manufacturing and production site in Greensboro, N.C. The new facility, which will be located at Piedmont Triad International Airport (PTI), builds upon the state’s storied legacy of aerospace innovation,… Read more »
2022-01-04T01:40:14+00:00
1/4/22 Young Door Company, a new manufacturing firm will open in Pilot Mountain. The company will eventually invest more than $3 million and create up to 40 jobs. The company will produce interior doors that will be sold at home improvement stores and other retailers where millwork is sold. “Tom [Brown] and I are very… Read more »
2021-12-16T01:11:52+00:00
LT Apparel Group, a leading manufacturer of childrenswear apparel is expanding operations in North Carolina with an investment of at least $57 million in Greensboro. The company’s project will add a minimum of 116 new jobs to the community and will help increase industrial capacity at the Reedy Fork Corporate Park. The company’s new jobs… Read more »
2021-12-06T13:54:31+00:00
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 »
2021-11-18T17:55:39+00:00
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 »
2021-11-18T10:06:56+00:00
The Carolina Core is one step closer to adding another interstate shield to the region, thanks to language included in the Bipartisan Infrastructure Bill signed by President Joe Biden on Monday. Business and civic leaders within the region are partnering with local, state and federal officials to designate part of Highway U.S. 421 as a… Read more »
2021-11-01T17:44:41+00:00
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 »
2021-10-01T12:55:07+00:00
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 »
2021-09-29T14:56:38+00:00
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 »
2021-09-01T15:40:02+00:00
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 »
2021-08-24T15:12:28+00:00
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 »
2021-08-10T12:44:41+00:00
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 »
2021-07-30T19:24:18+00:00
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 »
2021-07-21T12:47:03+00:00
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 »
2021-07-14T22:37:48+00:00
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 »
2021-07-13T22:14:09+00:00
North Carolina is No. 2 on CNBC’s “America’s Top States for Business,” its best performance in the annual ranking since it was introduced in 2007. The CNBC study puts all 50 states to the test, grading them on more than 85 different metrics in 10 key categories of competitiveness. North Carolina ranked particularly well in… Read more »
2021-07-08T20:24:09+00:00
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 »
2021-06-23T20:21:35+00:00
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 »
2021-06-23T11:06:53+00:00
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 »
2021-06-01T15:00:40+00:00
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 »
2021-05-26T09:08:32+00:00
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 »
2021-05-14T09:18:14+00:00
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 »
2021-05-05T09:15:55+00:00
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 »
2021-05-05T01:30:19+00:00
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 »
2021-04-28T01:32:47+00:00
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 »
2021-04-23T20:39:26+00:00
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 »
2021-04-22T15:12:27+00:00
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 »
2021-04-02T20:34:47+00:00
Matthews Specialty Vehicles is celebrating the opening of their new facility at 211 American Ave and the creation of 50 new jobs. The company designs and manufactures vehicles for a variety of uses such as mobile healthcare, blood collection and education, as well as for mobile dental services and mammography screening. The company is currently… Read more »
2021-03-29T09:06:06+00:00
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 »
2021-03-19T19:09:23+00:00
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 »
2016-04-22T13:37:07+00:00