Posted on: February 5, 2021
Feb. 5, 2021 -- Hot Shots Distributing, Inc., headquartered in Charlotte, NC, will locate a distribution and manufacturing operation at 827 W. Green Dr. in High Point, NC. Hot Shots will invest $565,000 in building renovations and create 21 new jobs.
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Economic Development
Posted on: February 4, 2021
Nov. 17, 2020 -- Interim City Manager Randy McCaslin announced today that Sandra Vernon Dunbeck has been appointed as the Interim Economic Development Director. She will begin this position on Jan. 1, 2021, following the retirement of Loren Hill.
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Economic Development
Posted on: December 30, 2020
Dec. 30, 2020 -- The end of the year brings the exit of Loren Hill, an economic development veteran who says he's not retiring, but rather "redirecting." In an interview with Triad Business Journal, he reflects on deals, opportunities, and challenges.
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Economic Development
Posted on: December 28, 2020
Dec. 26, 2020 -- High Point's economic development highlights in 2020 included LLFlex, Ariston Hospitality, High Pint Brewery, and several downtown projects. Hot Shots, Brittano Group, and DC Blox are also considering new operations in the city.
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Economic Development
Posted on: December 17, 2020
Dec. 17, 2020 -- "Resilience in challenging times," the 2020 annual report of the High Point EDC, highlights High Point's economic development successes.
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Economic Development
Posted on: October 28, 2020
Nov. 4, 2020 -- Watch the taped 2020 High Point EDC annual meeting to hear from two guest speakers, tour the Amada manufacturing campus, and celebrate our economic development accomplishments.
https://www.facebook.com/CityofHighPoint/video/755384371683823
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Economic Development
Posted on: October 22, 2020
Oct. 15, 2020 -- DC Blox is considering High Point to build and operate a $305 million multi-tenant data center. Both the High Point City Council and Guilford County Board of Commissioners have authorized performance-based incentives for this project.
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Economic Development
Posted on: September 14, 2020
Sept. 14, 2020 -- Coffee roasting company Fortuna Enterprises will be moving to High Point. It has purchased the 65,000-sq. ft. building at 4215 Tudor Lane. The building will house the roasting facility, offices, meeting space, and a modern warehouse.
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Economic Development
Posted on: July 16, 2020
July 16, 2020 -- Brittano Group-KNova Film Capital is considering a $100 million project in the southwest area of downtown High Point in an Opportunity Zone. The company is involved in producing movie and streaming network content.
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Economic Development
Posted on: June 15, 2020
March 18, 2020 -- High Pint Brewery and Public House, a cleverly-named startup microbrewery, is coming to High Point. The City Council authorized its portion of a state grant to support the reuse of the 16,200-sq. ft. building at 1114 Eastchester Drive.
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Economic Development
Posted on: March 3, 2020
Feb. 25, 2020 -- Quantum Materials will invest $3.5 million and add 15 jobs to its 100-person workforce at 5280 National Center Dr. in High Point. The company makes advanced textiles for aircraft seating, office chairs, outdoor furniture, and more.
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Economic Development
Posted on: February 6, 2020
Feb. 6, 2020 -- The High Point EDC has released "High Point: American City of the Future." The 2019 annual report features office, industrial, retail, services, and showroom projects; High Point University's growth; regional collaboration; and more.
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Economic Development
Posted on: January 18, 2020
Jan. 7, 2020 -- LLFlex, a leader in packaging materials and industrial laminate solutions, will create 46 new jobs and invest $7.6 million in High Point. The company's new manufacturing facility will be at 738 Gallimore Dairy Road.
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Economic Development
Posted on: January 29, 2020
Dec. 6, 2019 -- Amada opened its 261,732-square foot manufacturing facility – the first of three buildings on its 37-acre campus. The Japanese-based company will invest more than $125 million, when all phrases are completed. It will create 201 jobs.
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Economic Development
Posted on: November 16, 2019
Nov. 16, 2019 -- AkzoNobel will invest $55 million in a new wood coatings manufacturing plant at its High Point campus. The company, which is headquartered in the Netherlands, has about 35,000 employees in 80 countries,
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Economic Development
Posted on: October 27, 2019
Oct. 28, 2019 -- High Point has been named an “American City of the Future” by a publication of The Financial Times of London. The foreign direct investment accolade is for a Top 10 ranking for cost effectiveness in the Western Hemisphere.
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Economic Development
Posted on: October 22, 2019
Oct. 22, 2019 -- The High Point Economic Development Corp. won an “Excellence in Economic Development” award -- from the International Economic Development Council -- for the 2018 annual report, “High Point: Where Great People Make Great Things Happen.”
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Economic Development
Posted on: September 17, 2019
Sept. 17, 2019 -- Fastenal, which has its master distribution center for East Coast operations in High Point, is continuing to expand. The company will be adding IT and finance jobs, in addition to recently-announced new distribution jobs.
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Economic Development
Posted on: September 11, 2019
Sept. 11, 2019 -- Ox Bodies, Inc., a subsidiary of Federal Signal Corporation, will open in High Point. The company will create 40 jobs and increase the tax base by at least $2 million. Ox Bodies is a manufacturer of dump truck bodies and truck equipment.
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Economic Development
Posted on: August 23, 2019
Aug. 23, 2019 -- The under-construction building at the corner of National Service Road and Piedmont Triad Parkway will be a delivery station for Amazon.com. The $12.7 million, 66,780-sq. ft. "last mile" delivery facility will open later this year.
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Economic Development
Posted on: June 18, 2019
June 13, 2019 -- High Point biotech entrepreneur Dr. Adnan Mjalli announced a 1,600-employee, $425 million pharmaceutical research park. Oasis Pharma Center will have office and research & development space, a hotel, shops, residential units, and more.
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Economic Development
Posted on: May 31, 2019
March 4, 2019 -- Future Foam is expanding its 1300 Prospect St. plant. It will build an $8.5 million addition and add 25 jobs. At this plant, raw materials are converted into flexible polyurethane foam for use in furniture cushions, mattresses, and more.
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Economic Development
Posted on: February 21, 2019
Feb. 19, 2019 -- N.C. Governor Roy Cooper announced that Aetna, a CVS Health business, is expanding its operations in High Point. The business added 80 jobs in 2018 and is projected to hire approximately 300 new employees by the end of 2020.
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Economic Development
Posted on: November 21, 2018
Nov. 20, 2018 -- Hanesbrands will hire 200 employees for its new 343,000-sq. ft. distribution center in High Point. Located at 4190 Eagle Hill Drive, the facility will handle Hanesbrands' Champion products, especially men’s athletics and jersey apparel.
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Economic Development
Posted on: November 8, 2018
Nov. 7, 2018 -- Over the last year, there were 5,167 jobs created or announced by 37 office/industrial projects in High Point, Greensboro, and Guilford County and 69 retail/services projects in High Point. HandCraft Services will be bringing 150 jobs.
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Economic Development
Posted on: September 21, 2018
April 16, 2018 -- The High Point operations of Cambrex are continuing to grow. The manufacturer of active pharmaceutical ingredients for clinical trials bought its two buildings and recently had two expansions, including adding an analytical laboratory.
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Economic Development
Posted on: September 21, 2018
Jan. 23, 2018 -- Italian aerospace, defense, and security tech company Leonardo has expanded in High Point. The law enforcement technology systems manufacturer has opened a new 30,000-sq. ft. facility at 4221 Tudor Lane in High Point.
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Economic Development