Major Commercial Development Updates in Chatham County

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Get the latest on Wolfspeed’s new manufacturing facility, Fox Haven Village in Siler City and more

A rendering of Wolfspeed’s manufacturing facility in Siler City.
A rendering of Wolfspeed’s manufacturing facility in Siler City.

Compiled by Sinclair Holian

Gov. Roy Cooper announced on Sept. 9 that Durham-based semiconductor manufacturer Wolfspeed will build its newest and largest state-of-the-art manufacturing facility in Siler City. The $5 billion investment is expected to create more than 1,800 jobs by the end of 2030. The company has already begun recruiting for positions, developing training programs with Central Carolina Community College and partnering with North Carolina A&T State University to build a talent pipeline.

Wolfspeed, headed by President and CEO Gregg Lowe, is the global leader in silicon carbide technology. The plant will produce large silicon carbide wafers, which are used in renewable energy products like electric vehicle charging systems and converters. Gov. Cooper called Wolfspeed’s investment in the state “another step in our drive toward a clean energy economy.”

The initial phase of construction at the Chatham-Siler City Advanced Manufacturing Site is anticipated to be complete by 2024. Gregg says the Chatham-based plant will be 10 times larger than the company’s one in Marcy, New York, which is currently the largest silicon carbide semiconductor plant in the world. The Chatham plant will eventually occupy more than 1 million square feet on the 445-acre site. The new facility is the latest in a series of economic wins for the county, including automaker VinFast’s plan to bring its first North American plant to Triangle Innovation Point.

OTHER UPDATES

Chatham-Siler City Advanced Manufacturing Site co-owner Tim Booras will partner with Texas-based home construction company D.R. Horton to develop Fox Haven Village, a 184-acre residential and retail area in Siler City. D.R. Horton works in 105 markets and 33 states across the U.S. and has built more homes than any other national builder over the last 20 years.

The Durham Coca-Cola Bottling Company is building a 170,000-square-foot industrial distribution facility at the intersection of Highway 64 and Highway 751 in Apex, which will act as a new headquarters for the company as it plans to move operations out of its two current facilities in Durham and Sanford once the Chatham location is ready. The company plans to bring 180-200 employees with its move from Durham. Construction is expected to start by the first quarter of 2023, with occupancy expected in 2024.

A new Food Lion opened in late August at The DistrictBriar Chapel’s mixed-use site straddling Highway 15-501 between Taylor Road and Ballentrae Court. The store occupies an approximately 36,000-square-foot building on 5.5 acres and has 180 parking spaces.

Across the highway from Food Lion, two parcels were surveyed by McKim & Creed for a site plan containing a new fitness facility, which was submitted to the Chatham County Appearance Commission for its review in September.

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