A US titanium company is choosing Fayetteville as the home of its new manufacturing facility. The new titanium mill is projected to invest almost $1 billion into the city’s tax base and bring more than 300 jobs.
The site at Bethune Drive in Fayetteville is about 100 acres of unoccupied land now but officials said American Titanium Metals decided its forthcoming mill could be up and running there as early as 2027.
“We know we were up against other states, including Texas being one other state here in the South,” said Robert Van Geons, President & CEO, of Fayetteville Cumberland County Economic Development Corporation. “But I think the thing that we did well was working with the property owner. We’ve been investing in making that site shovel-ready.”
Cumberland County officials said the more than 300 jobs this titanium mill is expected to bring would have an average salary of more than $120,000.
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“This is two and a half or three times the median income of our community,” said Fayetteville Mayor Mitch Colvin. “So one, that’s a great plus. Two is that we want to now start to cluster some of these aerodynamic aerospace industries. And hopefully, this can be a magnet to bring others around in this supportive space that this can be our niche.”