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Re: What powers the economy in your area?


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Posted by NCWayne on August 28, 2014 at 17:10:35 from (173.188.169.54):

In Reply to: What powers the economy in your area? posted by Fullers Farmalls on August 28, 2014 at 16:54:56:

To be honest I really don"t think there is any one thing around here. We do have Bank of America, and what is now Wells Fargo on the banking side of things. Then we have NASCAR, a racetrack, a dirt track, and a drag strip to keep the money rolling in some of the time. The new "Research Campus" in Kannapolis was supposed to replace Cannon Mills, what used to be the largest mill in the area, when the idea was first put out to build it. As you can imagine 99% plus of the folks that were ex mill employees simply lost their jobs when everything went under....a far cry from what was promised. The same holds true for Corning that opened what was supposed to be a HUGE manufacturing facility near by. They did open one and take on a few employees, but again it never turned out like they had planned. In fact they just went in awhile back and demolished unfinished parts of the new facility.


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