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The Chamber: Findings from the Regional Economic Development Forum

The Chamber: Findings from the Regional Economic Development Forum
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The Chamber recently hosted the Regional Economic Development Forum, which unpacked what the Research Triangle Region is and why it matters for us to be part of this globally renowned, multicounty region.
The conversation featured leaders in economic development from our region’s core counties (Orange, Durham, and Wake), who shared a timely snapshot of their economic development activities and reflections on the interconnectedness of our region.
Below are the top five takeaways from the forum. Scroll down to enjoy a crisp summary of the discussion, including key slides from our guest speakers and plans for the path ahead. ....

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Chevron Phillips clearing land near site of proposed expansion

Last year the company said they were delaying the decision on the project until sometime in 2021.
Author: Scott Eslinger (12NewsNow)
Updated: 11:41 AM CDT April 29, 2021
ORANGE, Texas Land is currently being cleared near the site of a proposed $8 billion plant expansion in Orange County but officially the deal isn’t done yet.
The land being cleared is along Highway 87 South in Orange County near the Orange County Airport.
Chevron Phillips representatives are describing the current work being done as “land improvements” saying if the company approves Orange County as the site for the expansion then the site will be ready for construction according to Orange County Economic Development Director Jessica Hill. ....

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A look inside: Wegmans in Chapel Hill opens its doors to the public

New York supermarket chain Wegmans opened its long-awaited Chapel Hill location on Wednesday. Shoppers lined up for over an hour to be the first customers inside the store, which is known for its restaurant stations, prepared meals and selection of organic foods. ....

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Labor Issue Brings Call to Dissolve Development Agency

By
John Camera
Orange County
PUBLISHED 10:19 AM ET Jan. 21, 2021
PUBLISHED January 21, 2021 @10:19 AM
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State Senator James Skoufis is fired up about the Town of Montgomery Industrial Development Agency, or IDA, and its role in the building of a new Amazon warehouse.
“If our taxpayers are subsidizing your project, you better damn [well] be using our neighbors as the people building that project that we’re subsidizing,” he said.
What You Need To Know
State Senator James Skoufis is calling for the dissolution of the Town of Montgomery IDA
He cited its acceptance of a waiver that would allow non-local labor at the Amazon warehouse construction site ....

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Orange County Business Investment Grant Program – United States

Orange County Business Investment Grant Program – United States
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The Orange County Economic Development is seeking applications for the
Business Investment Grant Program to stimulate successful non-farm Business Investment development and expansion in Orange County.
By making economic development grant funds available, the County will be growing its entrepreneurial ecosystem, supporting existing Business Investment and early-stage venture growth, in order to increase jobs, opportunities and grow the commercial tax base in Orange County.
The Subcommittee will have the following responsibilities:
Find creative ways to grant funds to stimulate successful Business Investment development and job creation.
Review grant applications quarterly and, determine which applications meet eligibility requirements and whether an eligible application will be approved, approved with conditions, or submitted to the applicant for more information. ....

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