The Chatham-Siler City Advanced Manufacturing Site or CAM received recertification from the North Carolina Department of Commerce this week.
This recertification ensures that the 1,802-acre site, located in Siler City, has the engineering and infrastructure in place for the site to be construction-ready within a year.
The Chatham County Commissioners approved the option to purchase the megasite back in April, and hope that the site will bring business to the area.
The county paid $540,654 with economic development funds for the option to purchase the megasite, which gives the county until June 30, 2017 to attract a manufacturer for CAM.
Once the year is up, the county will have the option to purchase all or part of the megasite.
CAM has direct access to Northfolk Southern Railway and is the largest site in the state to recieve recertification.
President of the Chatham Economic Development Corporation, Kyle Touchstone says, “Both the recertification and public option are crucial steps in marketing the site to any high-yield industrial user.”
Touchstone says that the ultimate goal for CAM is to attract an auto- manufacturing plant to set up shop on the site.
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