High Point

A new study shows growth at High Point University has led to an increased economic impact on the local and state economy.

Jeff Tiberii: The report says that the annual economic impact has nearly tripled in just the last seven years. The private university with about 4-thousand undergrads has undergone a significant make-over during that time under President Nido Qubein.

Clothing manufacturer Ralph Lauren has announced it will expand in North Carolina.

Jeff Tiberii: The company plans to add 500 jobs by the end of 2017 while also investing about $100 million. Ralph Lauren is the city’s fourth largest employer and will have nearly 2,000 local workers after these additions. Governor Bev Perdue says the growth is a positive sign for the economy.

The North Carolina Department of Environment and Natural Resources is designating High Point-based Thomas Built Buses as an "Environmental Steward." Julie Woosley is the manager of the state's Environmental Assistance Center. She says Thomas Built recycles 100% of the waste it creates.

High Point is home to a refurbished firearms facility.

Nearly two million dollars has been spent on improvements for the 20-year-old facility. Now, officers from around the state can use the centrally located center for practice and training. Kenneth Shultz is a Major with the High Point Police Department. He says among other improvements, upgrades include a classroom and a moving target system to help with reaction time.

In High Point the twice-annual furniture market is bringing business as well as back-ups to the Triad.

Earlier this year IMC (International Market Centers) purchased about 1 billion dollars of showroom space in High Point. The company now has 11.5 million square feet of exhibition space in High Point and Las Vegas, offering a bridge between two markets that have competed against each other in recent years. Tom Conley is the new President and CEO of the High Point Market Authority. He says the influence of IMC makes the market stronger.