Focal Point: Space Available

Original Air Date: April 21, 2005

In 1991, Gov. Jim Martin announced plans for a massive industrial complex that could restore the sagging economy of eastern North Carolina. The idea was to merge manufacturing with air cargo transportation in a revolutionary facility that would meet the demands of the new global economy.

Two large runways would be surrounded by factories to facilitate “just in time” manufacturing. Raw materials and parts would be flown in and assembled into finished products, which would be flown out.

Companies could deliver goods to their customers faster while also cutting transportation and inventory costs. The complex would be called the Global TransPark. The state selected Kinston as the site. Over the years, however, the project has been plagued by permitting delays, management problems and scandal, and it has not lived up to its promise.

Predictions of the GTP’s economic impact were ambitious. Studies said that it would create 55,000 jobs by 1998 and pump $2.8 billion dollars a year into the region’s economy. Since 1991, more than $140 million in federal, state and county funds have been spent on the GTP, but the project has failed to land a major corporate tenant, has no manufacturing facilities and has not created a single manufacturing job.

Today, the GTP claims to employ 200 people, but that includes its own staff and employees from three state agencies that have offices there. In recent years, both Boeing and FedEx rejected the GTP as a possible site for new operations. GTP expenses are outpacing revenue, and it can’t pay back a $25 million loan it got from the state Treasury in 1993.

GTP supporters say environmental permitting delayed development of the project until 1998. The project’s centerpiece, an 11,500-foot runway, wasn’t completed until 2002. They say most of the major public investment is over and that companies are starting to take a look at the site. Supporters say it would be a mistake to pull the plug on the project now that it is finally ready to fly. Critics say they’ve heard that before and that it’s time for state leaders to admit that the GTP is a giant boondoggle.

Watch the Documentary


Part 1: In 1991, Gov. Jim Martin announced plans to build a massive industrial complex that could create tens of thousands of jobs and pump billions of dollars into eastern North Carolina’s economy. It would be called the Global TransPark.

Part 2: The Global TransPark has yet to live up to the ambitious promises and predictions made about it in 1991. There have been many critics of the GTP over the years who say the boon that was promised became a boondoggle instead.

Part 3: GTP officials say the development of the complex didn’t begin until 1998, after years of delays in getting the needed environmental permits. They say the project wasn’t ready for major tenants until 2002 and now that it is ready, prospective tenants are taking a look.

Part 4: The GTP recently announced its first manufacturing tenant, but it’s hardly the home run for which GTP officials had hoped. The announcement came amid controversy and uncertainty, much like the GTP itself.

Focal Point Extras


Video: John Kasarda, Director of the Kenan Institute of Private Enterprise, makes a presentation at Governor Martin's Economic Summit in August 1991 in which he outlines the concept for what would become the Global TransPark.

Video: A marketing and promotional video produced by the Global TransPark in 1994 portrays the massive, futuristic industrial complex that was to be built in Kinston.

Online Resources

Share:
Add to del.icio.us del.icio.us    Add to Digg Digg    Add to Google Google    Add to Yahoo! Yahoo!    Add to facebookfacebook   Add to StumbleUpon StumbleUpon    Add to Reddit Reddit

0 Comments


Golo

Welcome to GOLO, where WRAL.com visitors can comment on stories and create profile pages, blogs and photo galleries.

You must be a registered WRAL.com user to use these tools. Click here to register or log in.

View Comments View Comments

0
Make this story a GOLO Hot Topic!
This story is 1 vote short of making the GOLO Hot Topics list.
You must be a registered WRAL.com user to use these tools. Click here to register or log in.

Multimedia

  1. story thumbnail
    North Carolina lake levels

    Find out current lake levels and water-use restrictions in your community.

  2. story thumbnail
    Tassel-turning time again: Thousands graduate in Triangle

    Area colleges handed out thousands of degrees to graduates this weekend.

  3. story thumbnail
    Campaign Trail Photos of the Week

    View photos from the past week on the campaign trail from AP photographers around the country.

  4. story thumbnail
    Merlefest 2008

    Every year thousands from around the country and beyond make their way to Wilkesboro, N.C. for down home bluegrass and family fun.

  5. story thumbnail
    Obama party at Reynolds Coliseum

    Obama supporters came out to Reynolds Coliseum to celebrate the senator's win in the N.C. primary election.