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Triad Business Notes

krazeeboi

By krazeeboi
in The NC Triad

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cityboi
cityboi

It's now official. Toyota is coming to the Piedmont Triad! National headlines baby! https://abcnews.go.com/Technology/wireStory/big-north-carolina-factory-toyota-battery-plant-81579748

AlmaPinnix
AlmaPinnix

Volvo announced Global Headquarters for financial services in Greensboro. https://www.wfmynews2.com/article/news/local/volvo-announces-new-jobs-coming-to-greensboro/83-4af2255f-7576-4950-a016-783

KJHburg
KJHburg

It looks like Fresh Market HQ will indeed stay in Greensboro and move to downtown in the Wells Fargo Plaza according to reports in the Triad Biz Journal. 

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cityboi Metropolitan Area

cityboi

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The Triad ranks 6th in the United States in the EV service industry. The Triangle is just behind the Triad ranking 7th. North Carolina as a whole is becoming a stronghold in the EV industry.

As far as Greensboro, in addition to aerospace, the city can really build on attracting more EV companies.

https://www.bizjournals.com/triad/news/2023/07/06/boyd-company-ev-industry-analysis-greensboro.html

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cityboi Metropolitan Area

cityboi

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Greensboro and Guilford County offers incentives for "Project Sage" at PTI airport which is believed to be a major expansion of Honda Aircraft Company.  The company will build larger transcontinental jets.

https://www.bizjournals.com/triad/news/2023/07/06/greensboro-incentives-project-sage.html

Edited by cityboi
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RALNATIVE Burg

RALNATIVE

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On 7/3/2023 at 6:25 PM, KJHburg said:

the entire Triad is well represented in the biggest 25 job announcements and investments in NC last year from Business NC magazine 

and the #1 is the Wolfspeed plant in Siler City which I consider this part of Chatham County a part of the Triad.   But lots of other counties are represented.

https://businessnc.com/north-carolinas-most-job-rich-economic-development-projects-of-2022-2023/

 

You might consider it that way for your own purposes, but the US government doesn't:

 

As of September 14, 2018, the US Office of Management and Budget (OMB) delineated the Raleigh-Durham-Cary Combined Statistical Area as consisting of two metropolitan and one micropolitan statistical areas. Those three statistical areas in turn are defined as consisting of a total of nine counties. The MSAs and their constituent counties are:

  • Durham-Chapel Hill Metropolitan SA
    • Chatham County
    • Durham County
    • Granville County
    • Orange County
    • Person County
  • Henderson Micropolitan SA
    • Vance County
  • Raleigh-Cary Metropolitan SA
    • Franklin County
    • Johnston County
    • Wake County
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KJHburg Ecumenopolis

KJHburg

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and the Raleigh Durham are separate metro areas which I would argue is wrong they are one metro area.  

Of course you have to go by counties but in real terms Siler City is more aligned with Greensboro than Durham.  It just is as Chatham is a huge county.  The employees of this Wolfspeed plant outside of Chatham county residents will be likely Alamance, Guilford and Randolph county residents.  

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RALNATIVE Burg

RALNATIVE

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3 minutes ago, KJHburg said:

and the Raleigh Durham are separate metro areas which I would argue is wrong they are one metro area.  

Of course you have to go by counties but in real terms Siler City is more aligned with Greensboro than Durham.  It just is as Chatham is a huge county.  The employees of this Wolfspeed plant outside of Chatham county residents will be likely Alamance, Guilford and Randolph county residents.  

I'm baffled at how you feel that you know better than those who actually made the decisions.

In any event there will be a fair number of Wolfspeed workers that will reside in Chatham, Wake, Durham,  Lee, and other Triangle counties.

Your comments reflect a certain amount of naivete.

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HRVT Hamlet

HRVT

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9 hours ago, rancenc said:

New residential development in the works for High Point.

https://news.yahoo.com/housing-planned-near-major-intersection-064700970.html

With this development, Palladium South, the apartments that will go by Andy's, and the 600 units a little north up 68 from Palladium, and High Point has quite a flurry of apartments coming in the next few years.

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cityboi Metropolitan Area

cityboi

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Cone Health will lose its monopoly in Greensboro. The state has approved Wake Forest Baptist Health in building a small hospital in Greensboro. Currently Greensboro is the only major city in NC served by one healthcare system. I think the move is good to bring in competition to help bring down healthcare costs in Greensboro.

https://www.bizjournals.com/triad/news/2023/08/09/cone-health-appeal-ahwfb-greensboro-hospital.html

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cityboi Metropolitan Area

cityboi

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NC A&T begins construction on food processing plant and creamery. While the news itself isn't a big deal, the design of NC A&T's buildings here lately have been amazing. I really would like to see urban design such as this downtown.

https://www.bizjournals.com/triad/news/2023/08/23/ncat-to-build-13m-food-processing-creamery-complex.html

Future food processing center and creamery 

urban-community-food-processing-complex-at-the-university-education-research_900xx1185-667-189-0.png

Also the Future innovation center at NC A&T 

230104-ncat-innovation-center-south-elevation_750xx3829-2160-0-0.png

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cityboi Metropolitan Area

cityboi

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Greensboro 2030 State of the community.

A monorail system in Greensboro/Triad was brought up again at the GSO2030 state of the community. Currently there is a bill in the state for a feasibility study for regional/commuter rail in the Triad. As the region sees more and more job growth, the area will start seriously looking at Triad rail as a transportation option whether its in the form of commuter rail or a monorail.

https://www.bizjournals.com/triad/news/2023/08/23/greensboro-chamber-commerce-economic-future.html

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cityboi Metropolitan Area

cityboi

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North Carolina had come close to landing another aerospace company with 2,000 jobs.  Ohio beat out NC for a large facility with company scouting five sites in NC with three of them in the Triad (one at PTI and even Smith Reynolds was considered.) The company will manufacture electric air taxis. Would have been unbelievable if PTI landed this on top of everything else that's coming. Would have been about 5,000 new jobs at PTI total when you include Boom, HondaJet expansion and other recent aerospace company announcements.

 

https://www.bizjournals.com/triad/news/2023/09/21/joby-aviation-new-ohio-facility-picked-over-nc.html

joby-aviation-evtol_900xx7195-4055-723-329.jpg

joby-copy_750xx2304-1296-0-66.jpg

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