From the Triangle Business Journal, by Ben Tobin A large mixed-use development on the Wake-Chatham border is picking up steam as the developer recently bought dozens of acres for more than $11 million. An LLC tied to Charlotte-based development group Beacon Partners acquired 83 acres in eastern Chatham County for $11.6 million Read more…
Reeves Farm is a nearly 500-acre mixed-use development that will include more than 1,500 homes and a variety of restaurants, grocery stores, entertainment spots and trails.
The North Carolina Rural Infrastructure Authority (RIA) has approved seven grant requests to local governments totaling $2,639,793, Governor Roy Cooper announced today. The requests include commitments to create a total of 321 jobs, 191 of which were previously announced. The public investment in these projects will attract more than $53.7 million in Read more…
From The Rant, by Richard Sullins, Billy Liggett and Gordon Anderson It’s an hour before her table will be swarmed by soon-to-be engineering graduates hungry to get in on the ground floor of largest economic investment in North Carolina’s long history, and Anna Gardner has recruited the help of a Read more…
PITTSBORO, NC— On October 16, 2023, the Chatham County Board of Commissioners approved and adopted the Plan Moncure Small Area Plan by a 4 to 1 vote. The Plan Moncure Small Area Plan has been a priority project of the Board of Commissioners and was initiated upon the announcement of Read more…
From the Chatham News + Record, by Cooper Metts PITTSBORO — Multibillion-dollar manufacturing projects headline the bright future ahead for economic development in Chatham County, but local officials are also focused on the necessary next steps, including infrastructural upgrades, sufficient labor supply and attracting supporting businesses. Electric car manufacturer VinFast and semiconductor producer Wolfspeed both Read more…
From the Chatham News + Record, by Ryan Henkel 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 Read more…
Visit with Wolfspeed at their next Supplier Day on August 29th! This gathering will feature representatives from business units available to discuss procurement requirements for all local businesses wanting to work with Wolfspeed at the new John Palmour Manufacturing Center for Silicon Carbide in Siler City. Multiple departments will be Read more…
From WRAL TechWire VinFast has submitted its site plan for the huge electric vehicle assembly plant complex in plans to build in Chatham County – and it’s huge. In addition to the plan and details for buildings that are part of the site VinFast also provided a rendering of what Read more…
From WRAL TechWire: North Carolina is No. 9 among the 50 states when it comes to population but its economy ranks No. 7, according to a study published early Monday. According to financial news and information site WalletHub, the Tar Heel state ranks ninth or better in three of the study’s Read more…