Tag: Winston-Salem NC
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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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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…