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Bailey Manufacturing Company to spend $4.3 Million to expand in Laurinburg North Carolina creating 35 new jobs.

Bailey Manufacturing Company to spend $4.3 Million to expand in Laurinburg North Carolina creating 35 new jobs.

May 6, 2025 Craig Etkin

Laurinburg, North Carolina — According to state and local development sources, Bailey Manufacturing Company plans to invest $4,300,000.00 to build out 50,000 square feet of new space in Laurinburg. The company is creating 35 new jobs at this facility. The company plans to occupy the new space in Laurinburg, on or about October 1, 2025. According to the company website Bailey Manufacturing was founded by Mr. E.L. Bailey in 1948 and operated under his direction until his death in 1979. The business and its assets were then purchased by the Megatech Corporation. Since 1995, Bailey Manufacturing Company has been under the management of Mr. John Hines, showing a growth in sales each year. In 2002, Mr. Hines purchased the majority of Bailey Manufacturing Company from the Megatech Corporation. This acquisition changed the company name to Bailey Manufacturing Company, LLC. and consequently enabled the company to become a New York State Certified Minority Business. In 2017, Mr. Hines acquired 100% of business ownership. Bailey Manufacturing Company has been supplying product to the automotive industry for over 75 years and has established itself as a competitive, reliable, and quality-conscious organization.

To learn more about Bailey Manufacturing Company, visit http://www.baileymfgcollc.com/

Company Contact:
John Hines, President
716-965-2731

SOURCE: http://www.intelligence360.io
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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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