Tag: Advanced Manufacturing
-
Novartis’ $771M Expansion Signals Another Surge in Triangle Life-Sciences Growth
When a global pharmaceutical leader commits three-quarters of a billion dollars to expand in the Triangle, it’s another clear signal of where economic gravity is shifting. Novartis’ announcement—700 new high-paying jobs and more than 700,000 square feet of combined manufacturing and packaging space across Durham and Morrisville—reinforces what many already know: North Carolina’s life-sciences engine…
-
1,000 New Jobs at the Crossroads: How Vulcan’s Benson Project Strengthens the I-40/I-95 Growth Engine
Benson just landed one of the most significant advanced-manufacturing projects in North Carolina this decade. Vulcan Elements’ decision to build a nearly $1 billion rare-earth magnet facility—and create 1,000 new jobs—cements the I-40/I-95 interchange as one of the state’s strongest growth corridors. For a region already experiencing rapid population gains, this announcement accelerates the long-term…
-
Eco King’s $80M Expansion Brings Jobs and Opportunity to Western North Carolina
A bold step for North Carolina’s westernmost county may also be one of the most important economic development announcements of the year. Eco King Solutions, a U.S. subsidiary of Zhejiang Kingsun Eco-pack Co., is bringing 515 jobs and a new $80.5 million manufacturing plant to Robbinsville, NC. Project at a Glance Eco King’s new U.S.…
-
GMAX Industries’ Expansion into Winston-Salem Signals Growth Ahead for Forsyth County Real Estate
A major healthcare manufacturing investment is heading to the Piedmont Triad—and with it comes a new wave of economic activity and opportunity for housing and retail development. GMAX Industries, a New York–based Minority Business Enterprise specializing in disposable medical products, has selected Winston-Salem in Forsyth County as the site of its first North American production…
-
TMG & Haartz’s $51M Investment in Rutherford County Signals Economic Surge—and Real Estate Opportunity
Rutherford County just scored big. TMG & Haartz Solutions, a newly formed joint venture between Portugal-based TMG Automotive and Massachusetts-based Haartz Corporation, has announced a $51 million investment in the town of Bostic, North Carolina. The company plans to construct a state-of-the-art facility that will create 125 new jobs over the next five years, offering…