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CASINO?
...continued from p. 3 as for Baltimore-based Cordish, according to an article earlier this week by WRAL News in Raleigh. It reported that paperwork filed with the state of North Carolina lists the head of Cordish’s casino division as the contact for the holding company.
“I think it’s supposed to be hushhush what they’re putting in there,” B.J. Rierson, who lives across U.S. 220 from the property, told the Planning Board earlier this month. “We don’t want it.”
Although the property shows a Stokesdale address, it is not in the town limits of Stokesdale, rather in Rockingham County.
Statewide, lawmakers are talking about legalizing some new casinos. State Senate Pro Tem Phil Berger, a
280 Jobs For Pti
...continued from p. 1 designed to be the first light jet capable of nonstop transcontinental travel across the U.S. Honda Aircraft already produces its very light jet model, the HondaJet Elite II, at PTI.
The initial development of the corporate jet will occur in the company’s existing facilities at the airport, Kevin Baker, executive director of Piedmont Triad Airport Authority, said in an email earlier this week. Efforts will focus initially on the critical design and production readiness of the plane, requiring significant research and development resources, according to the North Carolina Department of Commerce.
The company plans to create the new jobs over the next five years. The pay will vary by position, but will average $88,761 a year, the department said in a statement last week. The current average wage in Guilford County is $57,190.
The company’s investment of almost $56 million in the project will bring its total investment in the state to more than $335 million, the department said.
The HondaJet announcement adds to PTI’s winning streak. Nearly three months ago, Britain’s Marshall Aerospace announced plans to invest $50 million and create 240 jobs in a new facility to maintain, repair and
Republican from Rockingham County, said recently there is a better than 50-50 chance for new gambling legislation to pass the legislature, WRAL News reported. Berger has expressed concerns that North Carolinians are passing through Rockingham County to visit a new casino in nearby Danville and said North Carolina should explore its options for additional gambling venues.
“Expanding gaming in North Carolina remains a conversation in the General Assembly, but what that expansion looks like has not been determined,” Lauren Horsch, a spokeswoman for Berger, said in an email earlier this week. “Sen. Berger is supportive of efforts to expand gaming, but it is still too early in the discussions to comment on any specifics.” overhaul military aircraft.
With its investment of $500 million, Boom Supersonic is building a factory to produce passenger jets that will travel faster than the speed of sound. Employment is projected at more than 2,400 jobs by 2032.
North Carolina Gov. Roy Cooper announced Honda Aircraft’s expansion last week, a month after the company said it will commercialize the HondaJet 2600 concept. State and local efforts to recruit the company were dubbed “Project Sage,” although Honda Aircraft’s identity as the economic development prospect was widely speculated about in recent weeks.
Recruiters used a state Job Development Investment Grant to lure Honda Aircraft to PTI. If the company meets incremental job creation and investment targets, it will be potentially eligible for $3.43 million in reimbursements over 12 years, the department said.
Over the 12 years, the project is estimated to expand the state’s economy by $2.37 billion, according to a state projection.
Honda Aircraft, a division of Honda Motor Co., selected PTI for its global headquarters in 2006. Three years earlier, an experimental HondaJet successfully completed its initial flight test at the airport. The company makes engines in a plant in Alamance County.
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