North Carolina launches the Maritime Manufacturing Initiative to capture a larger share of the Navy's $65.8 billion shipbuilding supply chain through workforce training and supplier matchmaking.
North Carolina is aggressively positioning itself to support the Navy’s expanded shipbuilding and submarine requirements as defense spending increases. The North Carolina Maritime Manufacturing Initiative (NCMMI) is leading an effort to integrate the state's industrial base into the naval supply chain, addressing capacity and workforce shortages. The initiative is supported by NC State’s Industry Extension Services and the North Carolina Military Business Center, which has secured nearly $19 billion in military contracts since 2005.
Recent developments include U.S. Forged Rings establishing a plant in Hertford County to supply Newport News Shipbuilding, bolstered by $51 million in state funding for infrastructure. Additionally, a $1 billion rare earth magnet facility is slated for Benson in Johnston County, underscoring the state's capacity to host large-scale military-industrial projects. The state is further organizing through the 'First in Defense' coalition and a new legislative caucus focused on national security technology to streamline manufacturing compliance and contract procurement.
Benson, North Carolina, prepares for a major magnet factory development by Vulcan Elements amid ongoing town leadership turnover and a $2.8 million budget deficit.
JetZero plans a June 15 groundbreaking for its 8-million-square-foot aircraft manufacturing facility at Piedmont Triad International Airport in Greensboro.
Daily emails covering the projects and news that match your service area, building types, and the project stages you bid on.
Free now — first 50 founding members lock in 30% off at launch.
Free. One click to unsubscribe. No tracking pixels.