All In NC with Scott T. Hamilton | Eastern North Carolina Now

Ready sites attract industry. In 2021, North Carolina had a record number of new jobs and investment.

ENCNow
Press Release:

    Ready sites attract industry. In 2021, North Carolina had a record number of new jobs and investment. According to the North Carolina Department of Commerce, the state gained 24,224 new jobs through business and industry and $10.1 billion in new private investment.

    Because of industry demand for large ready sites, in 2016 the Golden LEAF Foundation, the N.C. Rural Infrastructure Authority and Duke Energy joined together to implement a strategic statewide Major Site Development Initiative. Through the initiative, the Golden LEAF Foundation awarded $25 million to five large industrial sites across the state providing public infrastructure to help win projects over competitive states.

    The initiative resulted in five funded megasites:

  • Greensboro-Randolph Megasite in Randolph County
  • Moncure Megasite in Chatham County (now called the Triangle Innovation Point megasite)
  • Washburn Switch Business Park in Cleveland County
  • Chatham-Siler City Advanced Manufacturing (CAM) Site in Chatham County
  • Kingsboro CSX Select Megasite in Edgecombe County

    These early investments have supported the recent announcements of VinFast's electric vehicle and battery manufacturing operations at Triangle Innovation Point megasite which will create 7,500 new jobs and Toyota's battery manufacturing operations at the Greensboro-Randolph Megasite which will create 1,750 new jobs. Additionally, in December 2016, Clearwater Paper announced it would create 175 new jobs at the Washburn Switch Business Park.

    While the megasites are landing thousands of jobs, smaller sites in rural and economically distressed counties can make a huge impact on their communities.

    During Golden LEAF's strategic planning process, the Golden LEAF Board identified gaps in available funding to support site development necessary to attract businesses, especially to rural and economically distressed areas. In response to these findings, the Board created the SITE Program.

    The Golden LEAF SITE Program supports communities in identifying potential sites for economic development and provides funds to enable completion of due diligence on sites already identified or to extend public utilities to or conduct rough grading and clearing of sites for which due diligence has been completed.

    The Golden LEAF Board budgeted $10 million for the new SITE Program to be awarded in two rounds of funding in the 2021-2022 fiscal year.

    At our December 2021 Board meeting, the Golden LEAF Board awarded $4,910,962 for 11 projects through the first round of the Golden LEAF SITE Program. The funding supports sites in Macon, Montgomery, Halifax, Nash, Alexander, Yancey, Cumberland, Duplin, Franklin, McDowell, and Rockingham counties.

    At the June 2022 Board meeting, the Golden LEAF Board awarded $5,046,526 for 13 projects in the three phases of the SITE Program: Identification, Due Diligence, and Development. The funding supports sites in Moore, Martin, Wilkes, Surry, Robeson, Stokes, Cumberland, Duplin, Onslow, Nash, Person, Rutherford, and Columbus counties.

    Stokes and Wilkes counties and the Town of Robbins were selected to receive assistance in the SITE Program - Identification phase, which provides the services of a professional site development consultant, at no cost to the community, to help the community identify potential industrial sites to market.

    The Golden LEAF Board awarded $104,650 in funding to support three SITE Program - Due Diligence projects in Martin, Surry, and Robeson counties. These projects will receive funding to complete eligible due diligence activities such as environmental assessments, archaeological analyses, and mapping.

    For the SITE Program - Development, the Golden LEAF Board awarded $4,896,876 in funding for seven projects that will provide public infrastructure and, for publicly owned sites, clearing and rough grading, to benefit sites that have completed the due diligence necessary to demonstrate that the site is suitable for development. Organizations in Cumberland, Duplin, Onslow, Nash, Person, and Rutherford counties and Tabor City received site development support.

    Ready sites are no longer a luxury but a necessity to attract industries to areas. Through the SITE Program, Golden LEAF has awarded $10 million to help ready 23 sites in North Carolina for economic growth opportunities.
Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




Golden LEAF announces $9.9 million in funding at June 2022 Board meeting News and Information, The Region Significant Weather Potential Through Tuesday 6-13-22


HbAD0

Latest The Region

A Coastal Flood Advisory for our waterways, meaning water levels are expected to be 1 to 2 feet higher than normal.
This morning’s update included both good and bad changes for our area, with another reduction in the total rainfall but an increased threat of tornados.
This afternoon’s update included a reduced threat of storm surge for our area, and an increased concern for downriver flooding for areas along the lower Tar River early next week as a result of inland rainfall.
Debby continues to live up to its reputation of being a difficult storm to forecast, and we appreciate everyone’s patience as we navigate these changes in real time.
The afternoon updates have included another increase in expected rainfall amounts, and provided us with additional details related to the timing of our forecasted impacts.
Recent weather updates continue to include minor track and timeline adjustments to Debby’s path along the eastern US, as well as an increase in forecasted rain fall and expected winds for our area.

HbAD1

Recent weather updates continue to include minor track and timeline changes to Debby’s path along the eastern US. Forecast models continue to vary on the where Debby will stall, and the track it will take afterwards.
Recent weather updates included minor timeline changes to Debbie’s track along the eastern US. While forecast models continue to become more aligned, there are still unknown variables that could determine the expected impacts for Beaufort County.
We would like to have quick briefing with our county’s municipal leaders and public safety partners to discuss our response to the potential impacts of Tropical Storm Debby tomorrow, Tuesday 8/6 at 7pm.
Our office is continuing to monitor the development of a tropical system, that is expected to become a named storm (Debbie) within the next 48hrs.
Our office is monitoring the forecast of an approaching front moving through this afternoon that could produce heavy rainfall, isolated strong to severe thunderstorms, strong winds, coastal flooding, and dangerous marine conditions.

HbAD2

In 1920, the American Legion adopted the red poppy as the symbol of remembrance of those who gave their lives in war.

HbAD3

 
Back to Top