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Major battery plant in Triad could mean nearly 4,000 jobs, $3B investment

RALEIGH - Toyota plans to build a $1.3 billion plant in the Triad to manufacture batteries for hybrid vehicles, state officials said Monday. A "major economic ....

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Toyota could announce today that Triad is site for $1B battery plant

RALEIGH - Toyota plans to build a $1.3 billion plant in the Triad to manufacture batteries for hybrid vehicles, state officials said Monday. A "major economic ....

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Intelerad Medical Systems to make Raleigh its U.S. headquarters, will soon open office

RALEIGH - Intelerad Medical Systems is expanding its presence in the Triangle. So much so, the company plans to officially establish its United States ....

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Wolfspeed CEO Gregg Lowe on semiconductor shortage: 'completely and totally unprecedented'

DURHAM - Today, Wolfspeed officially changed its name from Cree, and announced a deal with GM. The company's stock will also now trade on the New York Stock ....

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NC IDEA's CEO praises Apple deal but says tax incentives could create more jobs through smaller firms

DURHAM – Did North Carolina pay too much to land a $1 billion campus in the Triangle and 3,000 high-paying jobs? Thom Rhue, CEO of the NC IDEA Foundation which focuses on development of the state’s startup and entrepreneurial community, likes the deal but prefers other ways to create jobs.
In a Q&A with WRAL TechWire’s Jason Parker, Ruhe spells out what he sees as the good – and what could be better.
What does this Apple news mean for the Triangle beyond the jobs and investment?
Like the announcement from Google last month, this is yet another large external validation of the technology and talent potential in the Triangle. When companies like Apple and Google put down roots here, you know they are seeing the region as an important one. ....

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