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

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

Today, the Golden LEAF Board of Directors awarded $650,000 to support two projects through the Open Grants Program and $3,080,000 to support five projects through the SITE Program.
WASHINGTON, N.C. –– The Cherry Run Solid Waste Collection Site, located at 2860 Cherry Run Road, Washington, NC 27889, will temporarily close for repairs on Monday, Nov. 20
The state Supreme Court has agreed to take up a case involving a property-rights dispute over a sewer line in Apex. The town requested a review from the high court in June 2021.
Beaufort County Department of Social Services is making final preparations for the launch of North Carolina’s Medicaid Expansion on Friday, Dec. 1, 2023.
Triangle Business Journal (TBJ) has named State Employees’ Credit Union (SECU) Foundation a recipient of its 2023 Corporate Philanthropy Award.
Guilford County is considering an additional 1% Prepared Food and Beverage Tax, with the support of Greensboro Mayor Nancy Vaughan.

HbAD1

Recently, Golden LEAF President, Chief Executive Officer Scott T. Hamilton sat down with Dr. Garey Fox, Dean of the College of Agriculture and Life Sciences at NC State University via Zoom and filmed an episode of Critical Conversations.
There were numerous local professional and educational opportunities showcased on Wednesday at the Beaufort County Job and Resource Fair.
The Chocowinity Solid Waste Collection Site, located at 164 Gray Road, Chocowinity, N.C. 27817, will temporarily close for repairs on Monday, Oct. 30. The site will remain closed for approximately four weeks.
The US Supreme Court will not take the case of Virginia-based owners of a Dare County beach home who challenged the county's COVID-related shutdown in 2020.
The North Carolina State Fair is set for the Raleigh state fairgrounds from October 12-22, 2023
Discover the real cost of living in North Carolina for renters. Explore housing expenses, utilities, and budgeting tips.

HbAD2

The Beaufort County Department of Social Services Board is pleased to announce that Deputy Director Lori Leggett has been chosen as the next Beaufort County DSS Director effective Jan. 1, 2024.

HbAD3

 
Back to Top