Tag: Burlington NC
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Morinaga’s $136M Mebane Plant and What 204 Manufacturing Jobs Mean for Orange County
Morinaga, the Japanese maker of HI-CHEW candy, has opened its second factory in Mebane, a $136 million investment creating 204 jobs in Orange County and roughly doubling its U.S. production capacity. The plant goes fully operational by October 2026. For real estate investors, the story isn’t the candy, it’s what a second decade of steady…
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Lumentum to Add 400 Manufacturing Jobs at Its New Greensboro Plant
Lumentum Holdings (NASDAQ: LITE) will establish its largest U.S. manufacturing facility in Greensboro — a 240,000-square-foot indium-phosphide laser plant on Piedmont Triad Parkway. The retrofit is underway, production ramps mid-2028, and the project will preserve and create more than 400 advanced manufacturing jobs. Here’s why Lumentum’s announcement is another multi-year leg for Triad workforce-housing demand.
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$860 Million Ahold Delhaize Investment in Burlington NC
Ahold Delhaize USA — parent company of Food Lion, The GIANT Company, Hannaford, and Stop & Shop — has announced an $860 million investment to build a new state-of-the-art distribution and transportation hub in Burlington, North Carolina. The project is expected to create more than 500 jobs over time, with initial operations beginning in 2029…
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The NC Triad’s Suburban Retail Market is Heating Up
While the Triad (Greensboro, Winston-Salem, and High Point) has historically been a slower-growing region, recent economic investments are shifting the narrative. Why the Triad’s Suburbs Are a Smart Investment: Investment Prospects: Retail properties in the Triad suburbs offer high yields and long-term growth potential due to new job creation and increasing consumer spending. Sources: Dig…
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Greensboro-Randolph Megasite
Our take: In the northeast corner of Randolph County near Greensboro, this megasaite has successfully attracted Toyota for a battery plant and Ross stores for a distribution center. Demand for housing and retail is increasing in nearby communities around Asheboro, Siler City, and Burlington. The Greensboro-Randolph Megasite, located in Randolph County, North Carolina, is a…
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NC In Site: Burlington
Download the NC INSite for Burlington, North Carolina July 2024 below. Doug KlineDoug Kline, PhD, has held income properties in North Carolina for more than 20 years. He holds a North Carolina broker’s license, and is a member of the National Association of Realtors and the Triangle Real Estate Investors Association. He holds an MBA…