Our View: Area makes many gains during 2017
Rocky Mount Telegram
Sunday, December 31, 2017
Like much of the rest of the world, the Twin Counties certainly had its share of ups and downs throughout the past year.
But for the most part, 2017 turned out to be a pretty good year for the area.
While the plans for a new CSX intermodal terminal have been placed on hold and may never come to fruition, plenty of other economic development projects are in the works for the area.
The biggest news for the Twin Counties this year was the announcement that Triangle Tire Co. will invest $580 million to build two manufacturing plants that will create 800 jobs by 2023 at the 1,449-acre Kingsboro megasite in Edgecombe County.
That news came on the heels of an announcement that New-York based Corning Inc. will invest $86 million to build a distribution center that will create 111 jobs in Edgecombe County. And over the summer, Lionchase Holdings Inc. announced it intends to build a more than $20-million commercial cold storage facility that will create more than 100 jobs in the Tarboro Commerce Center.
Investment in downtown Rocky Mount has surged throughout the year, as local and out-of-town purchasers snatch up once-vacant and deteriorating buildings in anticipation of the completion and opening of the Downtown Event Center, whose schedule of events is already beginning to fill.
More businesses continue to open up shop at the Rocky Mount Mills and in Nash Crossing in Nashville. And three new affordable housing projects — Beal Street Square Apartments, Ravenwood Crossing and a new apartment complex on Tessie Street — recently have opened or are under construction in the city.
The news has not always been all good, but the successes of the past year hold promise for a better and brighter future for the Twin Counties and all of its residents moving forward.