From the North Carolina Department of Commerce,

“Governor Roy Cooper announced today that MetOx International Inc., a pioneering manufacturer of high-temperature superconducting wire, will build a major production facility in Chatham County, creating 333 jobs. The company will invest $193.7 million in North Carolina.

“Many cutting-edge technologies power the clean energy economy, and it’s great to see MetOx and its superconducting technology join us here in Chatham County,” said Governor Cooper. “Reducing carbon emissions will keep us safer and healthier while putting more money in the pockets of North Carolina families, and we’re excited to bring more clean tech company jobs to our state.”

MetOx, with headquarters in Houston, Texas, is a leader in High Temperature Superconducting technology (HTS) and the company is dedicated to advancing new energy solutions and establishing a resilient HTS manufacturing base in the United States. Through partnerships with strategic investors, MetOx is driving innovation and strengthening supply chains for critical superconducting applications across multiple industries.

HTS is an advanced power delivery technology, capable of transmitting extremely high power at low voltage with zero heat generation or energy loss. This breakthrough technology is revolutionizing critical energy sectors, including power transmission, distribution, and grid expansion, while uniquely meeting the high-power demands of AI-driven applications and hyperscale data centers. HTS is also pivotal in enabling high-field magnet applications such as next-generation wind turbines, motors and generators for clean aviation and aerospace, advanced defense systems, and magnetic confinement fusion energy.

To read more, visit the North Carolina Department of Commerce’s website.