Manufacturing
Vietnamese automaker will invest $2 billion in NC factory
March 29. VinFast, the Vietnamese automaker with a new line of electric vehicles, will build its first North American automotive assembly and battery manufacturing plant in the Triangle Innovation Point megasite in Chatham County. The $2 billion investment will create 7,500 jobs, but President Joe Biden said the overall investment will be on the order […]
Toyota to build $1.3B battery plant in NC
Dec. 7. Toyota’s new North American battery manufacturing plant will create at least 1,750 jobs and contribute more than $9.5 billion to the North Carolina economy over the next 20 years. “The future of mobility is electrification and the Greensboro-Randolph Megasite is the ideal location to make that future a reality,” said Ted Ogawa, CEO […]
$19.2 million expansion brings 133 new jobs to Catawba
Oct. 15. Pöppelmann Plastics USA , a supplier for Metrolina Greenhouses in Huntersville, will invest more than $19.2 million at its manufacturing campus in Catawba County. The German company, a leading manufacturer of plastic components and parts with more than 2,500 employees worldwide, focuses on plastic pots and cultivation systems for the commercial horticulture industry. […]
NC manufacturing worth more than $100 billion to state’s economy
Sept. 28. With more than 10,250 manufacturers, North Carolina is the fifth largest manufacturing economy in the United States, and the largest in the Southeast. “From life-saving treatments and medical supplies to personal jets and agricultural equipment, North Carolina-made products are making tremendous impacts on the world,” said Gov. Roy Cooper. He has declared […]
Nature’s Value moving HQ, manufacturing to Winston-Salem
Aug. 11. Nature’s Value Inc., a contract vitamin and dietary supplements manufacturer, will move its headquarters to the Winson-Salem area and build a manufacturing plant. The total investment is nearly $20 million. Fifty-two jobs will be moved to the new location from an existing plant in Lexington. The company, which was based in Coram, NY, […]
Virtual trade show focuses on supply chain
Economic development organizations from 16 Charlotte-area counties will present a business expo designed to build business connections among Charlotte region manufacturers and strengthen regional supply chains. “Of the many changes and impacts experienced this past year, there have been many instances in our Lake Norman region where local manufacturers have experienced significant supply chain disruptions,” […]
ZND US opens manufacturing operation in Statesville
May 13. ZND U.S. plans to invest an estimated $5.7 million after purchasing and renovating the former Iron World Manufacturing facility on James Farm Road in Statesville. The company plans to hire 43 full-time employees. “We are very excited to be launching in the US market. After years of careful planning, we can provide the […]
NASCAR Hall of Famer Ray Evernham acquires JRi Shocks
Nov. 15. Motorsports icon and NASCAR Hall of Famer Ray Evernham has acquired Mooresville-based JRi Shocks for an undisclosed amount. Evernham will be involved in all areas of the business, including marketing and sales strategy, new product design and operations. JRI founder, Jeff Ryan, will continue to play a key role in the organization as both […]
