WIZS

Triangle North Business Park Among Top 15 In State For Economic Development Prospects

Granville County’s Triangle North Business Park has been included among the top 15 locations in the state best positioned to successfully serve major advanced manufacturing projects as part of the state’s Selectsite Readiness Program.

The SRP was created by the General Assembly in 2023 to support the development of sites that will increase the  state’s competitiveness for new or expanded major manufacturing projects in key industries, according to information from Granville County Public Information Officer Terry Hobgood.

The Economic Development Partnership of North Carolina contracted with Site Selection Group, a national site selection firm, and Thomas & Hutton, a full-service engineering and design firm, to evaluate sites across North Carolina to determine those best positioned to serve potential advanced manufacturing  projects.

Triangle North Granville was submitted and approved from among 60 sites that were being considered using criteria including technical/engineering assessments, evaluation of workforce availability, site development costs and overall operating costs.

“Having Granville County and Triangle North recognized by EDPNC as a top fifteen site for economic development is a huge win for our community,” said Tim Karan, chair of the Granville County Board of Commissioners. “Granville County is, and will remain, a top choice for industries seeking to locate or expand in  North Carolina. Being added to the SRP shows the effects of Granville County’s investment in Triangle North to enhance thoughtful and desirable economic development opportunities for our citizens.”

In recent months, Granville County has begun to install water and sewer infrastructure to make Triangle North more desirable to industrial development and has entered into a contract with Portman Industrial, LLC for the sale of 127.16 acres in Triangle North. Portman plans to construct buildings totaling 940,000 square feet, which will be built to accommodate targeted industries that will bring higher tax values and higher paying jobs to the county. Portman Industrial plans to complete the construction of both buildings by early 2026. Vance-Granville Community College is also moving forward with plans to construct an Advanced Manufacturing Center at Triangle North.

The fifteen sites added to the North Carolina SRP are:

For more information about the SRP, read the full report at the EDPNC website https://edpnc.com/wp-content/uploads/2024/07/SRP-Report-and-Cover-Letter-FINAL-07.01.2024.pdf.

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