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Lenovo to make economic development announcement Tuesday

Lenovo is scheduled to make an economic development announcement at its Morrisville headquarters on Tuesday afternoon.

The announcement is related to the company's presence in Guilford County, where it has a fulfillment and distribution center.

A host of politicians will attend the event, including Gov. Bev Perdue and Sen. Richard Burr. 

Lenovo announced in 2007 its plan to build the facility in Guilford County.

Lenovo is based in China but has about 2,000 workers at its executive headquarters in Morrisville.

Steel processor expanding in Greensboro; adding 23 jobs

A steel processor is expanding its plant in Guilford County and adding 23 jobs over the next three years.

Coilplus will invest $12.7 million to expand its Greensboro facility, the company announced today.  The company will receive a $50,000 grant from the One North Carolina Fund if it meets job-creation and investment goals.

The average annual wage for the new jobs will be $42,947, plus benefits. That's above the Guilford County average of $39,520.

Coilplus is part of the global network of Metal One, which is owned by Mitsubishi and Sojitz Corporations.

Coilplus currently has 41 employees in Greensboro. As part of the expansion, Coilplus will add new equipment and double the square footage of the plant.

 

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