Economic Development - Expansions and Relocations

[DownEast]

Cedar Point is the quintessential rollercoaster park on earth. Not sure of the numbers, but I would be shocked if it wasn't the top draw company-wide. Makes sense for corporate functions to be based in Charlotte: airport, tax rate, etc. Regardless, Cedar Fair is Sandusky and will not leave the town flat. They will retain a sizable presence there IMHO. Similar situation with Callahan Auto in the 90's. Sandusky gonna be OK.

[carolinaboy]

3 minutes ago, DownEast said:

Cedar Point is the quintessential rollercoaster park on earth. Not sure of the numbers, but I would be shocked if it wasn't the top draw company-wide. Makes sense for corporate functions to be based in Charlotte: airport, tax rate, etc. Regardless, Cedar Fair is Sandusky and will not leave the town flat. They will retain a sizable presence there IMHO. Similar situation with Callahan Auto in the 90's. Sandusky gonna be OK.

Similar situation with Callahan Auto in the 90's. Sandusky gonna be OK.

Nice. 

[KJHburg]

It is the 2021 state of aviation report for NC from the state.  It shows how important all the airports are the commercial ones and the general aviation.  Also shows how CLT just dominates the passenger count in the state bigger than all the other NC (and for that matter SC airports) combined in passenger count.  This is the #1 economic development asset of the Charlotte region. 

state-of-aviation.pdf (ncdot.gov)

[CarolinaDaydreamin]

34 minutes ago, KJHburg said:

It is the 2021 state of aviation report for NC from the state.  It shows how important all the airports are the commercial ones and the general aviation.  Also shows how CLT just dominates the passenger count in the state bigger than all the other NC (and for that matter SC airports) combined in passenger count.  This is the #1 economic development asset of the Charlotte region. 

state-of-aviation.pdf (ncdot.gov)

Awesome report. Looks like UNCC needs an Aerospace Engineering Program!

I hate that pretentious big gold star on Raleigh and no discernible difference in size of airport between CLT and Coastal Carolina airport or ANY picture of the Charlotte Airport (a small thumbnail of a National Guard Plane at CLT). The rest of the state's inferiority complex to Charlotte is so obvious.

Edited June 29, 2021 by CarolinaDaydreamin

[rancenc]

Overview of some of the recent economic development "coups" throughout the state.

https://businessnc.com/n-c-economic-development-top-job-creating-projects/

[CLT>]

On 6/29/2021 at 9:36 AM, KJHburg said:

It is the 2021 state of aviation report for NC from the state.  It shows how important all the airports are the commercial ones and the general aviation.  Also shows how CLT just dominates the passenger count in the state bigger than all the other NC (and for that matter SC airports) combined in passenger count.  This is the #1 economic development asset of the Charlotte region. 

state-of-aviation.pdf (ncdot.gov)

But US Airways is still listed as a major cargo operator in the state... They running Ghost Cargo planes?

[Norm2]

27 minutes ago, CLT> said:

But US Airways is still listed as a major cargo operator in the state... They running Ghost Cargo planes?

Most airplanes carry some sort of cargo other than people's luggage. Pets, corpses, and other things sometimes are shipped via passenger aircraft and not via an actual cargo aircraft.

[CLT2014]

1 hour ago, norm21499 said:

Most airplanes carry some sort of cargo other than people's luggage. Pets, corpses, and other things sometimes are shipped via passenger aircraft and not via an actual cargo aircraft.

I think the poster was pointing out the report writers didn't get the memo that US Airways hasn't existed for like 7 years since the merger with American Airlines.

Edited July 2, 2021 by CLT2014

[Norm2]

1 minute ago, CLT2014 said:

I think the poster was pointing out the report writers didn't get the memo that US Airways hasn't existed for like 7 years since the merger with American Airlines.

Ahhhhh makes sense

[KJHburg]

From the Charlotte Regional Business Alliance social media today

""Queen City there's an amzaing week coming your way""

Sounds like some econ dev announcements to me. 

the background photo is a bunch of international flags......... Stay tuned 

Edited July 11, 2021 by KJHburg

[tozmervo]

13 minutes ago, KJHburg said:

From the Charlotte Regional Business Alliance social media today

""Queen City there's an amzaing week coming your way""

Sounds like some econ dev announcements to me. 

the background photo is a bunch of international flags......... Stay tuned 

Fingers crossed we're finally getting an IHOP uptown

[Blue_Devil]

2 hours ago, tozmervo said:

Fingers crossed we're finally getting an IHOP uptown

KJ said the line might have an anchor?

[KJHburg]

1 minute ago, Blue_Devil said:

KJ said the line might have an anchor?

I did say that but do not know if this is related or not.  

[nuthinberger]

Maybe we're hosting a world cup qualifier?  There are two in October with cities yet to be named.

[QCxpat]

Today from The Cabarrus Economic Development Agency  -  @KJHburg  says this is the biggest economic development story in Cabarrus County's history.

"CONCORD, NC –  A beverage manufacturing, filling and distribution campus will soon call Concord, NC,  home, bringing with it an investment of over $740 million and the creation of over 400 jobs with an average wage of $50,377.   It is the largest economic development announcement in Cabarrus County history.   Red Bull and Rauch North America are partners on the project, which includes planned construction of a state-of-the-art 2 million-square-foot beverage production hub at The Grounds at Concord – site of the former Philip Morris plant.  The hub includes:

• Red Bull’s 800,000-square-foot regional distribution center, which will create 90 jobs over one year with an average wage of $50,367.
• Rauch North America’s can-filling operation covering 1.4 million square feet of factory, distribution and office space.  This operation will create 323 jobs over three years with an average wage of $50,387."

"The operation’s location to Concord was facilitated in part by the Job Development Investment Grants (JDIGs), which call for $4.1 million to be paid over 12 years if performance targets are met.  Over that same time, the project’s economic impact to the state is expected to be $1.8 billion."

"The campus will join other ventures at The Grounds at Concord, including Carvana and GoldenHome.  Even after the new development, over a thousand acres remain available on the property."

Links:  https://www.cabarrusedc.com/beverage-campus-concord-nc/

http://www.thegroundsatconcord.com/

                    

Image:  The Grounds at Concord by independenttribune.com

 

Edited July 13, 2021 by QCxpat

[CltFlyer]

Red Bull/Rauch being an Austrian company.  This could be at least part of what the Charlotte Regional Business Alliance was referring to.  

[carolinaboy]

Can we get Max Verstappen and Sergio Perez to do some laps in their F1 cars at Charlotte Motor Speedway as a promotion for Red Bull?

Maybe a Red Bull NASCAR team?

[Popsickle]

1 hour ago, carolinaboy said:

Can we get Max Verstappen and Sergio Perez to do some laps in their F1 cars at Charlotte Motor Speedway as a promotion for Red Bull?

Maybe a Red Bull NASCAR team?

Check will drive from Atlanta to Charlotte on a set of Hards with no stops

[KJHburg]

NC ranks #2 best state for business after VA by CNBC.  While these surveys all differ somewhat in what they consider NC is consistently here of late been in the top 5 best state for business.

America's Top States for Business 2021 (cnbc.com)   #2  NC

#1  by Forbes Best States for Business List (forbes.com)

#4  by Chief Executive Magazine Up For Grabs: The Best & Worst States For Business 2021 (chiefexecutive.net)

Tied #2 by Site Selection Magazine  2020 Business Climate Rankings: Certainty and Predictability Are the Winning States’ Hallmarks | Site Selection Magazine

expect more things to come this year in NC! 

 

[KJHburg]

Todays announcement about Red Bull distribution center and bottling plant is a huge deal with these Austrian based companies.  Are all Red Bulls imported now?  I don't drink them so I really don't know.  The size of these buildings are huge 800,000 sq ft warehouse and 1.4 M sq ft manufacturing plant.  that is  2.2 M sq ft.    Expect more German to be heard in Cabarrus County and the Charlotte metro. 

Both companies Red Bull and Rauch are Austrian based which means more customers for the CLT to Munich flights I would assume.

About us (rauch.cc)   

Red Bull Global Headquarters (redbull.com)  based in Salzburg which is a great city. 

[CltFlyer]

2 hours ago, KJHburg said:

Todays announcement about Red Bull distribution center and bottling plant is a huge deal with these Austrian based companies.  Are all Red Bulls imported now?  I don't drink them so I really don't know.  The size of these buildings are huge 800,000 sq ft warehouse and 1.4 M sq ft manufacturing plant.  that is  2.2 M sq ft.    Expect more German to be heard in Cabarrus County and the Charlotte metro. 

Both companies Red Bull and Rauch are Austrian based which means more customers for the CLT to Munich flights I would assume.

About us (rauch.cc)   

Red Bull Global Headquarters (redbull.com)  based in Salzburg which is a great city. 

After doing some research it seems that distribution of Red Bull in the USA is done by Red Bull Distributing Company, which has 93 distribution centers across the country.  The only other info regarding a production plant I could find was the plans announced in 2019 for the first production plan in Glendale Arizona.  They have already announced an expansion of the Arizona facility since the initial announcement.  Prior to this plant Red Bull was imported from Europe for distribution.  RBDC already has distribution centers in both Morrisville and Kernersville.  

https://www.redbulldistributioncompany.com/distributors/

https://www.inside.beer/news/detail/usa-red-bull-plans-first-production-plant-outside-europe/

If I'm interpreting this right.  This will be their second manufacturing/production hub in the US and the first on the east coast.   I imagine it will serve as the distribution hub for the existing RBDC distribution centers.

A huge win that will certainly fill a few seats to Germany a year.  It appears that Cabarrus County beat out sites in both Richland and Cherokee Counties in SC.  So they were already locked in on the region it seems.  

Per the CBJ article.  Incentives totaled around $40 million total.  Broken down with $4.6million from the state and $35.8 million from Cabarrus County/Concord.  Well worth it for the projected $1.8 Billion in economic growth.  

 

 

Edited July 14, 2021 by CltFlyer

[KJHburg]

^^^ interesting I wondered if they had a US plant sounds like one in Phoenix area and it relatively new there.  The market east of the Mississippi is far bigger as we know so sounds like their 2nd US plant.  They may consolidate some of those distribution centers or this mega one will feed them.  Great win for our region and the state. 

[atlrvr]

I read this as 2 separate announcements.

1) Red Bull - just a distribution center

2) Rauch - a juice company opening a manufacturing plant

 

[CltFlyer]

Upon further digging on RBDC website.  I found that their North American head quarters are in Santa Monica, CA.  If they were to looking to follow the trend of companies leaving CA.  I imagine Charlotte would now be on a short list.  Finding office space shouldn't be an issue.  

Edited July 14, 2021 by CltFlyer

[CltFlyer]

1 hour ago, atlrvr said:

I read this as 2 separate announcements.

1) Red Bull - just a distribution center

2) Rauch - a juice company opening a manufacturing plant

 

You are correct.  Essentially Rauch is the exclusive bottler for Red Bull.  This will be a 2 part project.