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EV maker could bring 13,000 jobs to the Triangle area
The project would produce as many as 13,000 jobs, according to multiple media reports.
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The project would produce as many as 13,000 jobs, according to multiple media reports.
THROUGH THEIR HERE TONIGHT. >> THANKS, MARK. TONIGHT WE'RE TRACKING WOULD WOULD BE ONE OF THE BIGGEST JOB ANNOUNCEMENTS IN STATE HISTORY AND ELECTRIC VEHICLE MAKERS EYEING CHATHAM COUNTY FOR ITS FIRST U.S. FACTORY. AND IT WOULD BRING ABOUT 13,000 JOBS WITH IT. WRAL CAPITOL BUREAU CHIEF LAURA LESLIE ASKS AND ECONOMISTS CAN THE TRIANGLE HANDLE ALL THIS GROWTH? >> THE COMPANY IS REPORTEDLY VIA THE U.S. CARMAKER VIN FAST. THEY PLAN TO MAKE ELECTRIC SUVS FOR THE U.S. MARKET THEY'RE SAID TO BE CLOSE TO A DEAL TO BUILD THEIR PLANNED AT TRIANGLE. INNOVATION POINT. THE MEGA SITE ON CARE. IT COULD EMPLOY SOME 13,000 PEOPLE. NC. STATE ECONOMIST MIKE WALDEN CALLS IT A GAME CHANGER. AND OF COURSE, WE'RE GOING TO HAVE PROBABLY ANOTHER 10,000 CREATED SIMPLY BE TO THE DOWNSTREAM EFFECTS. I ASKED ME THAT MY COMPANY BILLION DOLLARS A YEAR INTO THE LOCAL ECONOMY. NORTH CAROLINA HAS TRIED AND FAILED FOR YEARS TO ATTRACT AN AUTOMAKER. BUT THAT MAY BE CHANGING. >> WHILE THE UN SAYS THE STATE'S INVESTMENT IN MEGA SITES MAY BE HELPING. AND TOYOTA'S NEW EV BATTERY FACTORY HERE MAY ALSO HAVE HELPED AND IT COULD HAVE A SNOWBALL EFFECT. HE SAYS ELECTRIC VEHICLE TECHNOLOGY COULD BECOME THE STATE'S NEXT BIOTECH. OFTENTIMES LIKE BUSINESSES LIKE TO BE IN THE SAME GENERAL AREA BECAUSE THEY THEY CAN ALL TAKE ADVANTAGE OF IT. LABOR FORCE. IT'S MAYBE BEING TRAINED WITH THE SKILLS THEY WANT A COMMON THINGS THAT THEY BUY, THAT THEY CAN APPLY AND THEY CAN ACTUALLY TRACK SUPPLIERS, ET CETERA. SOME MAY NOT BE EXCITED ABOUT SUCH A HUGE PROJECT. THE TRIANGLE AREA HAS SEEN ONE BIG JOB ANNOUNCEMENT AFTER ANOTHER RECENTLY, THE HOUSING MARKET ALREADY CAN'T KEEP UP WITH DEMAND. AND PRICES AND TRAFFIC ARE ALREADY ON THE RISE. BUT WELDON SAYS LOCATING THE FACTORY AT THE EDGE OF THE TRIANGLE COULD HELP TO EASE THOSE PROBLEMS. SINCE LOOKING AT CHATHAM COUNTY, WHICH I WOULD CONSIDER TO BE SORT OF ON THE PERIPHERY OF THE POOR COUNTIES. AND THAT'S I THINK EXACTLY WHAT WE NEED TO HAVE HAPPENED. I THINK THAT CAN THAT CAN GIVE US THE BEST OF BOTH WORLDS. AND WE CONTINUE TO GROW THEN FAST AS EXPECTED TO RECEIVE A GENEROUS INCENTIVES PACKAGE. THE STATE ECONOMIC DEVELOPMENT COMMITTEE HAS TO APPROVE IT. THEY'RE MEETING TWICE THIS WEEK. LAURA LESLIE, WRAL, NEWS, RALEIGH. OUR TEAM AT WRAL TECH WIRE HAS ADDITIONAL ANALYSIS OF THIS POTENTIAL JOBS ANNOUNCEMENT. >> THERE ARE ALSO TRACKING THE JOB MARKET IN THE TRIANGLE AND IT APPEARS HIRING A STRONG. THE LATEST COUNT OF TRIANGLE AREA JOBS SHOWS A SLIGHT INCREASE FROM TRENDS IN THE PAST MONTH. WE UPDATE THE NUMBERS AND WHO'S HIRING EVERY