Tag: Greensboro 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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11.7 Million by 2030: What NC’s Population Curve Means for Real Estate Investors
North Carolina is on track to surpass Georgia and Ohio and become the 7th-largest state in the country by the early 2030s. The state added 146,000 residents in the past year alone — third-largest gain nationally — and is the only state in the country ranking top-three by both raw population added and percentage growth.…
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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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Toyota’s $13.9 Billion Battery Plant in North Carolina: 5,100 Jobs and a Generational Investment
North Carolina secured one of the largest manufacturing projects in its history when Toyota Motor Corporation selected the Greensboro-Randolph Megasite in Liberty for its first battery plant outside Japan. Now operating as Toyota Battery Manufacturing North Carolina, the project represents approximately $13.9 billion in total investment and about 5,100 jobs. This is structural growth —…
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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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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…
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JetZero Chooses NC for Aerospace Manufacturing: A Boost for Jobs, Housing, and Retail
JetZero, a California-based aerospace company, has selected Greensboro, North Carolina as the site of its first U.S. manufacturing facility. This transformational project will bring: The manufacturing campus will be built at Piedmont Triad International Airport (PTI), positioning the Triad region as a national player in next-generation aerospace production. Aerospace: A New Chapter in North Carolina’s…
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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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Unlocking NC Real Estate Success: Key Components of a Winning North Carolina Real Estate Investment
North Carolina has become a prime destination for real estate investors due to its robust economy, growing population, and high quality of life. However, not every property is a good investment. Here are the key components to evaluate when considering real estate opportunities in North Carolina. 1. Location, Location, Location The location of a property…
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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…