Location, power supply, facility landed Vulcan Elements

(The Center Square) – With ready electric power supply next to a new, huge factory building, the Johnston County community of Benson had a decisive advantage landing a nearly $1 billion rare-earth magnet plant in North Carolina.

Chris Johnson, economic development director for the county, told TCS the 500,000 square foot building was built by private investors as a “speculative” project to attract industry.

It is located next to a 30 megawatt electric substation, Johnson said…

Story continues

TRENDING NOW

LATEST LOCAL NEWS