Tag: Rocky Mount NC
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Economic Impact of Johnson & Johnson’s New Wilson, NC Facility
Economic Impact of Johnson & Johnson’s New Wilson, NC Facility In our September blog post, we noted the announcement of Johnson and Johnson’s planned pharmaceutical manufacturing campus in Wilson, NC. This article digs deeper into the economic impact and the effects on population, housing, and retail. 1. Facility Location and Regional Access Johnson & Johnson…
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The Kingsboro CSX Select Megasite
Our take: A CSX Select rail site located east of Raleigh in an opportunity zone near I-95, the site is attractive for industrial and manufacturing. Occupation of this site would impact the nearby ex-urban towns of Rocky Mount, Tarboro, and Wilson, with increase demand for apartments and bread-and-butter retail. The Kingsboro CSX Select Megasite, located…
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$1.4B Battery Gigafactory for Edgecomb County
Natron Energy to invest $1.4 billion in a sodium-ion battery manufacturing plant at the Kingsboro Megasite in Edgecombe County, North Carolina. This investment is expected to create over 1,000 jobs, with an average wage well above the local median, directly impacting employment in Rocky Mount and surrounding areas. Over a 12-year period, the project is…