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Local Government
Study: Improving U.S. 70 Would Save Time, Help Eastern N.C. PDF Print E-mail
Local Government
By Administrator   
Friday, 27 June 2014 10:32

 

RALEIGH, (SGRToday.com) - Building bypasses around Goldsboro, Kinston, New Bern, and Morehead City would cut travel time from Raleigh to the coastline by more than an hour, according to a report issued Thursday. 
 
The town are all points along U.S. Highway 70, which is the focus of the study prepared for the U.S. 70 Corridor Commission and the N.C. Dept. of Transportation.
 
It now takes two and a half hours to travel from Raleigh to the beach.
 
"The communities surrounding the corridor are losing their competitive advantage to those areas with better highway access, fewer traffic signals and less congestion," the report said. "For example, during interviews with local stakeholders, it was noted that tourists are now avoiding U.S. 70 and taking a more circuitous route to the coast to avoid delays from traffic or competing with trucks for road space." 
 
The Goldsboro Bypass is expected to be completed by the end of 2015.
 
U.S. Conference Of Mayors: Raleigh/Cary Among Nation's Fastest Growing Economies PDF Print E-mail
Local Government
By Administrator   
Tuesday, 24 June 2014 16:02

RALEIGH, (SGRToday.com) - IHS Global Insight economists have tagged the Raleigh/Cary area as second only to Austin, Texas in projected economic growth through 2020.

 
Fayetteville, Arkansas takes the third spot, according to the study, which was released by the U.S. Conference of Mayors at its recent meeting in Dallas.
 
The Raleigh/Cary area's growth is estimated at 4.3 percent over the period, the study says.
 
The study can be found at http://usmayors.org/metroeconomies/2014/06/report.pdf
Last Updated on Tuesday, 24 June 2014 16:02
 
N.C. Rural Infrastructure Authority Approves Fourth Round Of Local Grants PDF Print E-mail
Local Government
By Administrator   
Monday, 23 June 2014 09:53

RALEIGH, (SGRToday.com) - Five local governments are set to receive $1.4 million in water and sewer grants from the North Carolina Rural Infrastructure Authority.

 
Recipients are Granville County, the Town of Faison, and the cities of Cherryville, , Greenville and Lumberton.
 
Project details are below, courtesy of the state Department of Commerce. 
 
Community Development Block Grant (CDBG) approved:
* Town of Faison (Duplin County): $240,000 to construct 11,600 linear feet of 10 inch distribution lines and a 500,000 gallon elevated water storage tank to allow Southern Produce Distributors to construct a new 90,000-square-foot warehouse that will be used to store sweet potatoes and sweet potato processed products on NC Highway 403.  The company packs and ships three million bushels of sweet potatoes annually to U.S., Canadian, and European customers.  The company has committed to create 20 new, full-time jobs. 
 
The CDBG is a U.S. Housing and Urban Development (HUD) program that provides an annual allocation of funds to the state for rural economic development and residential infrastructure projects. DENR administers the rural residential infrastructure program and the N.C. Department of Commerce administers the economic development program. CDBG economic development provides grants to local governments for creating and retaining jobs. Funding for projects is based on the number of jobs to be created and the level of distress in the community applying for the funds.
 
 
Building Reuse Program grants/loans approved:
 
* City of Cherryville (Gaston County): $300,000 to support the expansion of a 30,200-square-foot building located at 111 Harrilson Road.  The building was constructed in 1978.  Carolina Care Center, an elder care facility, will add 22,000-square-feet of new construction to the existing building.  The expansion will add 24 new, private units to the facility.  The company has committed to creating 30 new, full time jobs with the expansion.
 
* Granville County:  $150,000 to support the reuse of a 240,000-square-foot building at 200 East 20th Street in Butner. The building dating back to 1955 has been vacant for seven years. Product Recovery Management (PRM, Inc.) will locate in the building. The company is a manufacturer of environmental remediation and landfill gas equipment and will create 15 new, full-time jobs.
 
 * City of Greenville (Pitt County):  $210,000 to support the reuse of an 18,000-square-foot building located at 967 Woodbridge Park Road. The building was constructed in 2005 and has been vacant for eight years. Purilum, LLC, a start-up joint venture between Alliance One Specialty Products and IOTO USA, will locate in the building with a goal of becoming a leader in the e-liquids filling and manufacturing industry for e-cigarettes. The company has plans to offer flavorings for other products including food and beverages in the future. The company committed to creating 21 new, full-time jobs.
 
* City of Lumberton (Robeson County):  $500,000 to support the renovation of a 605,242-square-foot building located at 300 West 27th Street.  The building was constructed in 1952. Southeastern Health, in collaboration with Campbell University, plans to start residency programs in the following disciplines: Family Medicine, Internal Medicine, Emergency Medicine, General Surgery, Psychiatry, Traditional Rotating Internship and Orthopedic Surgery. The company has committed to creating 50 new, full-time jobs.
 
 The Building Reuse Program will provide grants/loans to local governments to support the reuse of vacant buildings and/or expand rural healthcare facilities that will lead to the creation of new, full-time jobs.
Last Updated on Monday, 23 June 2014 09:53
 
Jobs Watch: Advance Auto Parts To Create 600 Jobs In Wake County PDF Print E-mail
Local Government
By Administrator   
Friday, 20 June 2014 13:54

RALEIGH, (SGRToday.com) - Advance Auto Parts will locate a corporate support center in Wake County, resulting in the creation of  600 jobs in Raleigh by the end of 2017. The company's investment is expected to top $5 million. 

 
“We are pleased to partner with North Carolina and we are delighted that Raleigh, along with Roanoke, VA, will be part of our effort to organize our corporate operations around two Store Support Centers in the Southeastern United States.  These locations will play an important role in our efforts to serve our customers, drive profitable growth and support the needs of the communities in which we operate,” said Darren R. Jackson, Chief Executive Officer of Advance Auto Parts, in a statement about the company's plans.
 
The positions that will be based in the Raleigh Support Center include corporate functions related to merchandising, marketing, supply chain and commercial sales.  The compensation for these positions is higher than the average annual wage in Wake County.  Compensation for the new positions will vary by job function, but the average total compensation will be approximately $110,000 plus benefits. 
 
 The project was made possible in part by an award to Advance from the state Job Development Investment Grant (JDIG) program, as voted by the state Economic Investment Committee.  Receipt of the award is based on proof of job creation and other performance requirements. JDIGs are awarded only to new and expanding businesses and industrial projects whose benefits exceed the costs to the state, and which would not be undertaken in North Carolina without the grant.   
 
Under the terms of the company’s JDIG award, Advance is eligible to receive up to twelve annual grants equal to 75 percent of the state personal income tax withholdings from the eligible new jobs created since the date of the initial award.  Receipt of each annual grant is based on state-certified proof that the company has fulfilled incremental job creation requirements. Over twelve years, the JDIG award could yield aggregate benefits to Advance of over $17.4 million. 
 
Other partners who assisted with this announcement include: The N.C. Department of Commerce, NC Community College System, NC Works, Wake County, City of Raleigh, and Wake County Economic Development. 
Last Updated on Friday, 20 June 2014 13:54
 
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