Up and Coming Weekly is a weekly publication in Fayetteville, NC and Fort Bragg, NC area offering local news, views, arts, entertainment and community event and business information.
Issue link: http://www.epageflip.net/i/1475817
10 UCW AUGUST 10 - 16, 2022 WWW.UPANDCOMINGWEEKLY.COM Homebuilder to build manufacturing facility on Dunn Road a CityView Today STAFF REPORT NEWS Homebuilder NVR Inc. plans to invest $25 million to build a factory on Dunn Road, creating 189 jobs, state and local officials announced Tues- day, Aug. 2. e Fortune 500 company plans to build a 145,000-square-foot manufac- turing operation on 22 acres on Dunn Road in Fayetteville. e facility will manufacture trusses, wall panel sys- tems and other homebuilding com- ponents, according to local economic development officials. e average salaries for the new positions are expected to be more than $45,000, economic development officials said. NVR. Inc. also announced that it is expanding its operation in Cleveland County. NVR is headquartered in Virginia. It sells and builds homes under the brands Ryan Homes, NVHomes and Heartland Homes in 15 states, the Fayetteville Cumberland Economic Development Corp. said in a release. It operates in two business segments: homebuilding and mortgage banking. "When companies already in North Carolina choose to expand here, it's a great vote of confidence," Cooper said in a release. "Our ability to sup- port NVR's growth demonstrates the reliability of our workforce, access to supply chains, and quality of life as attractive tools to meet the increas- ing demands of the homebuilding industry." e Fayetteville City Council and the Cumberland County Board of Commissioners approved a combined $827,000 in local incentives for the project, the economic development corporation said. "is project will serve as a corner- stone supporting additional economic development, making Dunn Road our next job creation corridor," said Glenn Adams, chairman of the Board of Commissioners. "is is a major win for Fayetteville and Cumberland County." Incentives will be paid out provided the company meets the job-creation and investment goals. "We are excited to have such a pre- mier company choose our city for its expansion," Fayetteville Mayor Mitch Colvin saidin the release. "We believe this project will have a significant positive impact in terms of adding jobs and enhancing our region." RealtyLink LLC purchased the building on Dunn Road that had been used by Soffe for its warehouse store. e building is being modified for an Amazon delivery center and a FedEx facility. RealtyLink is working with NVR to build the manufacturing operation, which will be across the street, the Fayetteville Cumberland Economic Development Corp. said. Realty Link, based in Greenville, South Carolina, also developed Free- dom Town Center on Skibo Road. RealtyLink Principal David Allen said the company believes in the potential for growth and success in Fayetteville and Cumberland County. "is is the natural progression of development for this project," Allen said in the release. "is facility is the next phase of developing 83 acres into a Fayetteville industrial corridor along Business I-95. We love your community." Insurance products are underwritten by Colonial Life & Accident Insurance Company, Columbia, SC. Ⓒ2020 Colonial Life & Accident Insurance Company. All rights reserved. Colonial Life is a registered trademark and marketing brand of Colonial life & Accident Insurance Company. 8-20 | NS-369880 steven.grimes@coloniallifesales.com 910-916-7191 Injury | Illness | Dental | Vision | Life Steven Grimes coloniallife.com Your Local Colonial Life Family. We provide benets that your employees want for those unexpected moments in life, whether that's an accident, illness or injury. Colonial Life. Keep it Local. Keep Unexpecting.® NVR, Inc. builds homes in 35 metropolitan areas in 15 states under the brands NVHomes, Ryan Homes and Heartland Homes. (Photo courtesy NVHomes)