Vulcan Elements paid $8 million for 56 acres in Benson to build a rare-earth magnet manufacturing plant. The Triangle Business Journal reports Vulcan will invest $918 million in the plant, which could create up to 1,000 jobs. Benson is about 30 miles south of Raleigh. The land purchase was at Crosspoint Logistics center, which has ...
The post Rare-Earth Magnet Maker to Construct $918M Raleigh-Area Plant appeared first on Connect CRE .
This content is for informational purposes only and does not constitute investment advice. Always consult with qualified professionals before making investment decisions.
Related Reading
Get Daily Insights Like This
Join thousands of CRE investors receiving market updates, deal analysis, and tenant intelligence daily.
Subscribe Free