factory

Kayser-Roth plant to close in Asheboro

Kayser-Roth plant to close in Asheboro

 Kayser-Roth will be ending manufacturing operations at this location in Asheboro within a few months. (PJ Ward-Brown / Randolph Record) ASHEBORO — Kayser-Roth will close a longstanding factory in Asheboro this spring, meaning the loss of 116 jobs. The company filed a Worker Adjustment and Retraining Notification notice with the North Carolina Commerce Department last week and pointed out that workers had been notified. In the notice to the state, Kayser-Roth CEO Gianni Orsini wrote: “Kayser-Roth has decided, after painful consideration, to cease operations at its Asheboro, NC facility. Ongoing cost pressures have led to a reconsideration of Kayser-Roth’s facility footprint and resulted in this…
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VinFast breaks ground on automotive manufacturing facility in Chatham County

VinFast breaks ground on automotive manufacturing facility in Chatham County

MONCURE – VinFast, a Vietnamese electric vehicle manufacturer, broke ground on their proposed billion dollar facility in Chatham County Friday, July 28. In an event attended by VinFast executives, the Vietnam Ambassador to the United States, Gov. Roy Cooper as well as various government officials, VinFast laid out their future plans and goals regarding the factory located in the Triangle Innovation Point megasite. “Just over a year ago, Vinfast announced the plan to build our first North American manufacturing facility and today we are here to start the construction of the first EV factory in North Carolina which will have…
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