News

December 5, 2019

Greensboro wins $6.5 million investment, 46 jobs

Sunlight Batteries USA, an industrial battery manufacturer and member of the Greek multinational Group Olympia, is investing $6.5 million to establish an assembly and distribution center in Greensboro. The uptick: the creation of 46 jobs with wages reaching up to $47,978, the current average annual wage in Guilford County.

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December 3, 2019

Burnsville to host new facility, more than 100 jobs

An out-of-state company announced Tuesday it will open a location in Yancey County. Little Leaf Farms to bring at least 100 jobs to Yancey County. READ MORE…

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November 23, 2019

High Point earns $55 million investment

AkzoNobel is investing $55 million to expand its industrial coatings manufacturing site in High Point, NC. Announced in April, the extensive upgrade will include installing state-of-the-art production technology, as well as building a new raw materials warehouse, research lab and technical application center. READ MORE…

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November 7, 2019

Wilson to host Bridgestone expansion, $38 million local investment

One of Wilson’s largest employers announced plans to grow even larger on Friday. Bridgestone Americas has started constructing a new 288,000 square-foot facility, which is expected to open next year. The company estimated the expansion at $72 million between the Wilson project and a 272,000 square-foot expansion in Aiken, South…

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October 24, 2019

Thomasville, Davidson County incentives result in jobs, $79 million investment

The Davidson County Board of Commissioners has unanimously approved an economic incentive agreement with a company to invest $79.1 million and bring at least 25 jobs to Thomasville. The company is only being referred to as ‘Project Titan.’ READ MORE…

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October 24, 2019

Tabor City secures Carolina Botanicals facility, 30 jobs

Carolina Botanicals, a company formed to process industrial hemp, will create 30 jobs as it establishes operations in Columbus County, North Carolina Commerce Secretary Anthony M. Copeland announced. The company will invest $3.46 million in its new facility, located in Tabor City. READ MORE…

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October 24, 2019

Lumberton eyes return to Main Street

With Lumberton’s downtown enjoying an improved outlook, the city is seeking to return to an accredited Main Street Community status in order to move forward through citizen, business and government planning and collaboration. READ MORE…

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October 24, 2019

Eden lands textile giant, 85 jobs

Textile giant Gildan Activewear, Inc., tightened its weave with the community announcing a $17 million investment in an expansion to its yarn spinning operation here and the creation of 85 jobs. Hiring has already begun and new workers should crank up the mill by January 2020, Gildan officials said Tuesday…

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September 26, 2019

Sanford wins India-based manufacturing plant, $127 million investment

Bharat Forge America, Inc. will invest $127.3 million to build an aluminum forging plant to manufacture automobile components in Sanford, North Carolina. The company plans to create 304 jobs in Lee County. India-based Bharat Forge and its subsidiary Bharat Forge Aluminum USA, Inc. are part of the Kalyani Group of…

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September 26, 2019

Raleigh and Cary land NSF grant, investments

Fifth generation (5G) wireless networks hold promise to be as much as 10 times more efficient than current 4G networks, with faster speeds and higher capacity to support many more data connections than previously possible. To ensure the nation’s leadership in 5G, the National Science Foundation (NSF) and an industry…

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