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Brian Gallagher

Toyota to Build Battery Plant in North Carolina

by Economic Development Partnership of North Carolina on December 8, 2021

Toyota Motor North America announced plans to build a $1.29 billion electric vehicle (EV) battery production facility at the 1,825-acre Greensboro-Randolph Megasite, a KPMG-certified, shovel-ready site featuring the ideal combination of strategic location, world-class workforce and unparalleled transportation infrastructure. North Carolina is home to the global headquarters of several top lithium companies including the world’s largest provider…

Topics: Economic Development, Featured, Industrial/Manufacturing
Battery Plant, Toyota

ABC Wins Key Nationwide Challenge Against Federal Contractor Vaccine Mandate

by Associated Builders and Contractors on December 7, 2021

Associated Builders and Contractors today applauded a federal court for granting a nationwide preliminary injunction order against the federal contractor vaccine mandate. The ruling came from the U.S. District Court for the Southern District of Georgia. “ABC’s participation in the case was essential to nationwide and construction industry relief, which would otherwise have been limited to the…

Topics: Featured, Human Resources
ABC, COVID

Belimed Life Science to Establish Operations in Charleston, SC

by GroundBreak Carolinas Staff on December 6, 2021

Belimed Life Science, Inc., a leading supplier of steam sterilizers and parts washers, today announced plans to establish operations in Charleston County. The more than $750,000 investment will create 22 new jobs. Founded in 2019 in Switzerland, Belimed Life Science, Inc. provides Current Good Manufacturing Practices (cGMP) sterilizers and washers for the pharmaceutical and biotech…

Topics: Industrial/Manufacturing, Projects
Life Sciences

Construction Adds 31,000 Jobs In November, With Gains In All Segments, But Industry Will Need Even More Workers As Demand Accelerates

by Associated General Contractors on December 3, 2021

Construction employment increased by 31,000 jobs between October and November as nonresidential construction firms added workers for the third month in a row, according to an analysis by the Associated General Contractors of America of government data released today. Association officials said construction firms were likely to have added even more jobs if they could…

Topics: Business, Contracting

MasterBrand Cabinets to Expand In Lenoir, NC

by EDP of NC on November 23, 2021

MasterBrand Cabinets, one of the largest cabinet manufacturers in North America, will expand its operations in Lenoir County to create more than 450 jobs over five years. The company will invest more than $13.5 million to expand production capacity at its manufacturing center in Kinston. “It’s great news any time good manufacturing jobs come to…

Topics: Industrial/Manufacturing, Projects

BMW Adding Logistics Center In South Carolina

by GroundBreak Carolinas Staff on November 18, 2021

BMW Manufacturing today announced that the company is expanding operations in Spartanburg County with the construction of a new $100 million logistics center. “For nearly three decades, BMW has called South Carolina its second home. This expansion in our logistics operation represents our continued commitment to this state, and it will prepare Plant Spartanburg for the…

Topics: Industrial/Manufacturing, Projects

Marlboro Development Team, Inc. Expands Into North Carolina and Welcomes Julie Pruett as New Development Manager

by GroundBreak Carolinas Staff on November 16, 2021

Marlboro Development Team, Inc. (MDT) announced the hiring of Julie Pruett, CEcD as Development Manager. Pruett will be opening a fifth office for MDT to be located in the Charlotte Region of North Carolina with the specific focus of expanding relationships and opportunities in North Carolina and Virginia.  “Julie’s skills and experience will be pivotal…

Topics: Business, People
Marlboro Development Team

Flexbase Announces First-Ever Credit Card for Construction Industry

by Brian Gallagher on November 11, 2021

Flexbase, the automated payment platform for contractors and the construction industry that delivers faster and more efficient payments, announced the first-ever credit card specifically for construction companies, targeting small- and mid-sized businesses (SMBs). Flexbase Card is available immediately nationwide, offering up to 60 days interest-free credit and numerous other benefits. “For years, slow payments and…

Topics: Finance, Bonding, & Insurance
Flexbase

North Carolina Ranks a Top State for Business Climate

by EDP of NC on November 1, 2021

North Carolina ranks as the nation’s top state business climate in 2021, claiming the lead position for the second year in a row, according to Site Selection magazine. “We tied for the top ranking last year, so it’s great news to leap ahead and be recognized as the sole winner of this national recognition,” said…

Topics: Economic Development

Dodge Momentum Index Recovers in September

by Dodge Construction Network on October 7, 2021

The Dodge Momentum Index gained 11% in September to 164.9 (2000=100) from the revised August reading of 148.0. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The commercial…

Topics: Business, Contracting
Construction Spending, Dodge Momentum Index

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What We’re Reading

  • Biotech with Triangle operations pledges billions for U.S. manufacturing
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