From the Triangle Business Journal, by Evan Hoopfer:
FedEx is planning to open a large distribution center in a growing area of Chatham County.
FedEx Corp. (NYSE: FDX) plans to operate out of a 338,000-square-foot distribution center in the small community of New Hill, a company spokesperson said. The facility – which is slated to open in early 2023 – sits along Pea Ridge Road near its intersection with U.S. Highway 1.
The FedEx facility serves as the latest example of the bevy of development happening along the U.S. Highway 1 corridor from Raleigh down to Moore County.
Continue reading on the Triangle Business Journal website.