Triad.
Position | REGIONAL REPORT |
PILOT MOUNTAIN -- Belleville, Ontario-based Poli-Twine, which makes rope and twine, is renovating a former apparel plant here and plans to begin operations by February. It will spend $8 million on the plant, which will employ 80 at an average weekly wage of $510. The county average is $464.
HIGH POINT -- St. Louis-based World Wide Technology, which manages supply chains for manufacturers, opened a distribution center here in early October, employing 20. The company supplies electronic parts to Round Rock, Texas-based computer maker Dell, which opened an assembly plant in Winston-Salem in September.
WINSTON-SALEM -- Mark Tonnesen, 54, replaced Darryl Thompson, 65, as CEO of mortgage-insurance broker Triad Guaranty. Thompson, the company's founder, retired. Tonnesen had been with Toronto-based Royal Bank of Canada since 1997, most recently as vice chairman and chief financial officer of RBC Insurance.
THOMASVILLE -- Montreal-based Imaflex, a plastics maker, will spend $10 million to open a plant here by year-end. The company, which makes polyethylene packaging for electronics and other items, says it will employ 50 within three years at pay averaging $550 to $600 a week. The county average is $519.
GREENSBORO -- Andy Burke resigned as president of Greensboro Economic Development Partnership to become president and CEO of Tri-Cities Economic Development Alliance, a nonprofit that recruits industry for a 20-county region of eastern Tennessee and southwestern Virginia. Burke, 62, had been at the Greensboro agency five years. A replacement hadn't been named.
MAYODAN -- Greensboro-based textile maker Unifi will close a factory here to consolidate nylon-making operations at a larger plant in nearby Madison. Employment will increase at the Madison plant from more than 725...
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