Tag: Burlington NC

  • Lumentum to Add 400 Manufacturing Jobs at Its New Greensboro Plant

    Lumentum to Add 400 Manufacturing Jobs at Its New Greensboro Plant

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    by

    Phil Neari
    in

    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.

  • $860 Million Ahold Delhaize Investment in Burlington NC

    $860 Million Ahold Delhaize Investment in Burlington NC

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    by

    Doug Kline
    in

    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…

  • The NC Triad’s Suburban Retail Market is Heating Up

    The NC Triad’s Suburban Retail Market is Heating Up

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    by

    Phil Neari
    in

    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…

  • Greensboro-Randolph Megasite

    Greensboro-Randolph Megasite

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    by

    Phil Neari
    in ,

    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…

  • NC In Site: Burlington

    NC In Site: Burlington

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    by

    Doug Kline
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    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…