Triad Business Notes

[cityboi]

10 minutes ago, KJHburg said:

Santa Claus may come 3 times to Greensboro and the area this year once at the Megasite once at PTI and once on the 25th. 

For years the Piedmont Triad Airport Authority has always want a "big fish", a major aircraft manufacturer at PTI. They just might get what they have been wanting for years. Believe it or not the lack of commercial flights compared to larger hubs like Charlotte-Douglas and RDU is a big part in what makes PTI an attractive aerospace manufacturing hub.  Those types of industries like to locate operations at less busy airports. With the two projects, Toyota and the unidentified aircraft manufacturer, Greensboro and the Triad's economy is about to get some octane.

Edited December 1, 2021 by cityboi

[KJHburg]

Just now, cityboi said:

For years the Piedmont Triad Airport Authority has always want a "big fish", a major aircraft manufacturer at PTI. They just might get what they have been wanting for years. Believe it or not the lack of commercial flights compared to larger hubs like Charlotte-Douglas and RDU is a big part in what makes PTI an attractive aerospace manufacturing hub.  Those types of industries like to locate operations at less busy airports.

Absolutely at one point Charlotte wanted to attract a large aviation manufacturer but with all the flights at CLT that was not a good fit and they soon abandoned that plan.  This is a much better site than the NC Jetport or whatever it is called down in Kinston.   You have a larger population base and better highways to attract a large manufacturer.  Not to mention all your universities in the Triad.  I just looked at the Google map of the Boeing plant in Charleston and they are hemmed in and not sure how much they can expand anymore there.  But it is a site to see all those airline brands lined up in their planes sitting around the plant. 

[cityboi]

12 minutes ago, KJHburg said:

Absolutely at one point Charlotte wanted to attract a large aviation manufacturer but with all the flights at CLT that was not a good fit and they soon abandoned that plan.  This is a much better site than the NC Jetport or whatever it is called down in Kinston.   You have a larger population base and better highways to attract a large manufacturer.  Not to mention all your universities in the Triad.  I just looked at the Google map of the Boeing plant in Charleston and they are hemmed in and not sure how much they can expand anymore there.  But it is a site to see all those airline brands lined up in their planes sitting around the plant. 

It was very ironic with the Global Transpark in Kinston. I remember years ago Greensboro fought to get it and they chose a rural area without a significant population and educational base instead. It failed for obvious reasons yet PTI is turning into what the Global Transpark was to be. I understand the push for Kinston at the time. They wanted to bring jobs to an area of the state that had very few. But you just can't ignore a central location with an impressive transportation/highway infrastructure like the Greensboro/Triad area. It has the population/ available labor and exceptional institutions of higher learning. It all started when Greensboro was awarded the FedEx hub in 1998. It was a slow start but things are beginning to rapidly change for PTI.

Edited December 1, 2021 by cityboi

[cityboi]

More on the project 

"PTI on steroids..... NC nears major deal to bring aircraft manufacturer to PTI"

https://myfox8.com/news/north-carolina/piedmont-triad/pti-on-steroids-nc-nears-major-deal-to-bring-airplane-manufacturer-to-piedmont-triad-international-airport-state-senator-says/

[KJHburg]

This megasite may need its own thread like Greensboro Randolph Megasite or we can wait until  Toyota announces LOL.   Says it could be next week! 

More information leaking out,  National contractor who built the Denver Airport on site 

Gaining ground: More things indicate Greensboro-Randolph Megasite has a tenant | | greensboro.com

""Work on the ground seems to be gathering momentum. Two pieces of heavy earth-moving equipment and pickup trucks from a national contractor could be seen Tuesday on the property's highest knoll on Brown's Meadow Road, which cuts through the land from north to south.   Still, no actual grading has been done yet on the site, which is a mix of fields, meadows, lakes and woods that remain unspoiled for the time being.  But Greensboro's City Council, the Randolph County Board of Commissioners and the General Assembly are putting pieces in place to cement a deal to attract the project.  ""

""On a crisp, sunny afternoon Tuesday, the signs of activity were visible.  The small red flags of surveyors could be seen throughout the site.  An orange backhoe sat beside a bulldozer. And also hard to miss: red pickup trucks with the distinctive "A" logo for Ames Construction, a major national contractor that, among other things, is known for building Denver International Airport.  The company could have another big job if a corporation moves ahead with a project on the site. ""

[KJHburg]

the project at the PTI airport could be revealed next week.

""The identity of the airplane manufacturer considering a major facility at Piedmont Triad International Airport could be made public as early as Monday. House Bill 334 would appropriate $106.75 million in state Job Development Investment Grant funds for fiscal 2021-22 to “a high-yield project for an airplane manufacturer" at PTI.  The N.C. Commerce Department’s Economic Investment committee is required to approve all Job Development Investment Grant appropriations.  The committee is scheduled to meet at 11 a.m. Monday and 10 a.m. Wednesday to "consider one or more economic development proposals." Committee meetings typically are timed to coincide with local government economic-development efforts.""

What is Project Thunderbird? Name of company at center of massive PTI project could come early next week. | Local Government | greensboro.com

[rancenc]

3 minutes ago, KJHburg said:

the project at the PTI airport could be revealed next week.

""The identity of the airplane manufacturer considering a major facility at Piedmont Triad International Airport could be made public as early as Monday. House Bill 334 would appropriate $106.75 million in state Job Development Investment Grant funds for fiscal 2021-22 to “a high-yield project for an airplane manufacturer" at PTI.  The N.C. Commerce Department’s Economic Investment committee is required to approve all Job Development Investment Grant appropriations.  The committee is scheduled to meet at 11 a.m. Monday and 10 a.m. Wednesday to "consider one or more economic development proposals." Committee meetings typically are timed to coincide with local government economic-development efforts.""

What is Project Thunderbird? Name of company at center of massive PTI project could come early next week. | Local Government | greensboro.com

@KJHburgand @cityboiyou two  should"sniff' around and find out who the company is behind Project Thunderbird!!

[Seaboard Fellow]

Does anyone know if the Greensboro-Randolph Megasite will be annexed by the City of Greensboro? 

[cityboi]

1 hour ago, rancenc said:

@KJHburgand @cityboiyou two  should"sniff' around and find out who the company is behind Project Thunderbird!!

We'll try our best lol

[KJHburg]

Coming to head sounds like next week from the Triad Biz Journal:

""Yet another indication of a possible Monday announcement regarding a major manufacturer coming to the Greensboro-Randolph Megasite came Thursday when the North Carolina Department of Commerce announced a special meeting of its Economic Investment Committee (EIC) Monday morning at 11 a.m.  The EIC has also scheduled a special meeting for next Wednesday. It is unknown if at that meeting the committee will discuss awarding $106.7 million in incentives included in a budget amendment passed last week for an “aircraft manufacturer,” as described in the bill, at Piedmont Triad International Airport that would bring a $500 million investment and create 1,750 jobs.  Meetings of the EIC often immediately precede economic development announcements as, once it approves state incentives packages, those projects — typically held confidential previously — become public record. ""

North Carolina Commerce Department Economic Incentives Committee sets special meeting Monday. Is Greensboro-Randolph Megasite on the agenda? - Triad Business Journal (bizjournals.com)

[cityboi]

6 hours ago, KJHburg said:

Coming to head sounds like next week from the Triad Biz Journal:

""Yet another indication of a possible Monday announcement regarding a major manufacturer coming to the Greensboro-Randolph Megasite came Thursday when the North Carolina Department of Commerce announced a special meeting of its Economic Investment Committee (EIC) Monday morning at 11 a.m.  The EIC has also scheduled a special meeting for next Wednesday. It is unknown if at that meeting the committee will discuss awarding $106.7 million in incentives included in a budget amendment passed last week for an “aircraft manufacturer,” as described in the bill, at Piedmont Triad International Airport that would bring a $500 million investment and create 1,750 jobs.  Meetings of the EIC often immediately precede economic development announcements as, once it approves state incentives packages, those projects — typically held confidential previously — become public record. ""

North Carolina Commerce Department Economic Incentives Committee sets special meeting Monday. Is Greensboro-Randolph Megasite on the agenda? - Triad Business Journal (bizjournals.com)

Looks like some kind of announcement for the Greensboro-Randolph mega site is indeed coming Monday.  State officials and the Greensboro Chamber of Commerce is making announcement Monday at 2pm.  This indicates the Toyota site is a done deal. Now we wait for the airport announcement!

https://myfox8.com/news/north-carolina/piedmont-triad/toyota-to-greensboro-megasite-incentives-could-become-final-next-week/

Edited December 3, 2021 by cityboi

[HRVT]

5 hours ago, cityboi said:

Looks like some kind of announcement for the Greensboro-Randolph mega site is indeed coming Monday.  State officials and the Greensboro Chamber of Commerce is making announcement Monday at 2pm.  This indicates the Toyota site is a done deal. Now we wait for the airport announcement!

https://myfox8.com/news/north-carolina/piedmont-triad/toyota-to-greensboro-megasite-incentives-could-become-final-next-week/

[cityboi]

Thousands more jobs coming to Greensboro! 2,000 to be exact and that's on top of the Toyota plant and possible aircraft manufacturer!

A third jobs announcement is being reported.

, Amazon is planning to build a 2-million-square-foot fulfillment center that will employ about 2,000 people at a site on Ritters Lake Road between Randleman Road and South Elm-Eugene Street near I-85 in Greensboro. The fulfillment center will be twice the size of the one in Kernersville. Greensboro City Council approved annexation of the site.  The Kernersville location is actually in Guilford County so this would be the second Amazon fulfillment center in the county.

Between the three projects we are talking about 7,500 jobs! That is if Toyota builds phase II talked about in the media which I believe will be an electric car assembly plant next to the battery plant. Most of these jobs are high paying. The median income will increase in Greensboro and Guilford County (which leads to other great things for the area btw). Jobs numbers like this is also what leads to rapid population growth. If all three come to pass it will be the largest economic growth for the Greensboro area in decades and these projects may lead to even more jobs announcements in the future. I believe these announcements will set a chain reaction for things the area has been seeking for years.

7,500 jobs is a lot but that doesn't even include spin-off associated jobs coming from suppliers and associated industries.

https://www.rhinotimes.com/featured-article/amazon-planning-new-fulfillment-center-in-southeast-greensboro/

Edited December 4, 2021 by cityboi

[GSOstrong]

Thousands more jobs coming to Greensboro! 2,000 to be exact and that's on top of the Toyota plant and possible aircraft manufacturer!
A third jobs announcement is being reported.
, Amazon is planning to build a 2-million-square-foot fulfillment center that will employ about 2,000 people at a site on Ritters Lake Road between Randleman Road and South Elm-Eugene Street near I-85 in Greensboro. The fulfillment center will be twice the size of the one in Kernersville. Greensboro City Council approved annexation of the site.  The Kernersville location is actually in Guilford County so this would be the second Amazon fulfillment center in the county.
Between the three projects we are talking about 7,500 jobs! That is if Toyota builds phase II talked about in the media which I believe will be an electric car assembly plant next to the battery plant. Most of these jobs are high paying. The median income will increase in Greensboro and Guilford County (which leads to other great things for the area btw). Jobs numbers like this is also what leads to rapid population growth. If all three come to pass it will be the largest economic growth for the Greensboro area in decades and these projects may lead to even more jobs announcements in the future. I believe these announcements will set a chain reaction for things the area has been seeking for years.
7,500 jobs is a lot but that doesn't even include spin-off associated jobs coming from suppliers and associated industries.
https://www.rhinotimes.com/featured-article/amazon-planning-new-fulfillment-center-in-southeast-greensboro/

Looks like Greensboro is about to be on fire, our time is coming!


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[KJHburg]

if both of these big job announcements happen this month look for more apartment developers to look to Greensboro and the entire area for new communities.  Greensboro is more affordable than the other 2 major NC metros Charlotte and Raleigh Durham by far.  These workers depending on age and familial status we choose apartments and homes all over the region from downtown GSO to the small suburban towns.  Because of the locations one at PTI airport which can easily draw more from the north and west of Greensboro like Winston and counties to the north.  The megasite will attract workers to the south and east of Greensboro but the entire region will benefit.  Can not wait to see how these play out this month.  I am truly excited for the Triad and I live in Charlotte! 

[DCB]

...is Greensboro becoming a boom town?

[GSOstrong]

...is Greensboro becoming a boom town?

Let’s hope so, everything seems to be happening so fast and back to back now. I’m so excited to see how this translate to develop around the city and downtown


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[cityboi]

When you can attract high paying jobs and lots of them, that leads to more upscale and larger development. This will translate into more downtown development.

Edited December 4, 2021 by cityboi

[DCMetroRaleigh]

Merry Christmas Triad!

[cityboi]

Triad Business Journal reports the combined projects could mean 12,000 jobs for the Triad.

 

https://www.bizjournals.com/triad/news/2021/12/06/economists-on-megasite-projects.html

[Richhamleigh, DC]

On 12/4/2021 at 11:13 AM, cityboi said:

Thousands more jobs coming to Greensboro! 2,000 to be exact and that's on top of the Toyota plant and possible aircraft manufacturer!

A third jobs announcement is being reported.

, Amazon is planning to build a 2-million-square-foot fulfillment center that will employ about 2,000 people at a site on Ritters Lake Road between Randleman Road and South Elm-Eugene Street near I-85 in Greensboro. The fulfillment center will be twice the size of the one in Kernersville. Greensboro City Council approved annexation of the site.  The Kernersville location is actually in Guilford County so this would be the second Amazon fulfillment center in the county.

Between the three projects we are talking about 7,500 jobs! That is if Toyota builds phase II talked about in the media which I believe will be an electric car assembly plant next to the battery plant. Most of these jobs are high paying. The median income will increase in Greensboro and Guilford County (which leads to other great things for the area btw). Jobs numbers like this is also what leads to rapid population growth. If all three come to pass it will be the largest economic growth for the Greensboro area in decades and these projects may lead to even more jobs announcements in the future. I believe these announcements will set a chain reaction for things the area has been seeking for years.

7,500 jobs is a lot but that doesn't even include spin-off associated jobs coming from suppliers and associated industries.

https://www.rhinotimes.com/featured-article/amazon-planning-new-fulfillment-center-in-southeast-greensboro/

The sleeping giant --- Greensboro -- is about to awaken.  The idea of three booming large metros along a single corridor separated by less than 170 miles in one state is something to behold.  That's a major metro every 56 miles.  You'd have to go back to the industrial era to find something similar I think.  

[Richhamleigh, DC]

On 12/4/2021 at 4:35 PM, cityboi said:

When you can attract high paying jobs and lots of them, that leads to more upscale and larger development. This will translate into more downtown development.

And....it's more fiscally conservative to develop where we've already invested in infrastructure.  

[Richhamleigh, DC]

Not technically official....

https://www.wraltechwire.com/2021/12/06/tmajor-battery-plant-in-triad-couldmean-nearly-4000-jobs-3b-investment/

 

Edited December 6, 2021 by Phillydog

[DCMetroRaleigh]

This is HUGE.  This is likely to radically transform Southeast Guilford and Northeast Randolph in a way that is utterly incomprehensible right now.  The ancillary industry and development will create waves throughout the region.

 

Edited December 6, 2021 by DCMetroRaleigh

[DCB]

Wonderful news! That's one down, now let's get the PTI project as well.