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A Second Life for North Carolina’s Shuttered Factories
Key Excerpts from Article on Website of New York Times
Posted: July 26th, 2021
https://www.nytimes.com/2021/06/15/business/north-carolina-f...
Less than a decade ago, the economic malaise in Rocky Mount, N.C., was tangible. Rocky Mount Mills, a big cotton mill that had given the town its identity, had shut down in 1996, costing the area hundreds of jobs. Downtown was deserted. Nobody was hiring. Now, the mill is a bustling complex with restaurants and breweries. It has a small hotel composed of tiny houses on wheels, a wide lawn where concerts regularly take place and a Wiffle ball field. Since 2013, Rocky Mount Mills’ current owner, Capitol Broadcasting Company, has redeveloped the site, giving it a dynamic atmosphere with stores and residences. Its leaders are aiming to create a sense of community that will entice out-of-town businesses and workers to settle there, raising the town’s economic prospects and spurring more growth. Rocky Mount isn’t the only mill town in North Carolina trying to revitalize its economy. In High Point, Greensboro and Winston-Salem, a region known as the Piedmont Triad, other large factories that once served as economic engines providing many blue-collar jobs are being turned into vibrant mixed-use complexes for work and play. The projects have been designed to connect struggling regions to a new economy based on technology, information and innovation. Christopher Chung, the chief executive of the Economic Development Partnership of North Carolina, is optimistic. “A lot of these communities have the best chance they’ve had in a while,” he said.
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