• ITVI.USA
    11,430.830
    74.770
    0.7%
  • OTLT.USA
    3.272
    -0.130
    -3.8%
  • OTRI.USA
    19.970
    0.120
    0.6%
  • OTVI.USA
    11,412.650
    71.160
    0.6%
  • TSTOPVRPM.CHIATL
    3.710
    0.160
    4.5%
  • TSTOPVRPM.LAXDAL
    3.720
    0.010
    0.3%
  • TSTOPVRPM.ATLPHL
    2.960
    0.380
    14.7%
  • TSTOPVRPM.PHLCHI
    2.240
    0.100
    4.7%
  • TSTOPVRPM.LAXSEA
    4.160
    0.060
    1.5%
  • TSTOPVRPM.DALLAX
    1.290
    -0.010
    -0.8%
  • WAIT.USA
    132.000
    -5.000
    -3.6%
  • ITVI.USA
    11,430.830
    74.770
    0.7%
  • OTLT.USA
    3.272
    -0.130
    -3.8%
  • OTRI.USA
    19.970
    0.120
    0.6%
  • OTVI.USA
    11,412.650
    71.160
    0.6%
  • TSTOPVRPM.CHIATL
    3.710
    0.160
    4.5%
  • TSTOPVRPM.LAXDAL
    3.720
    0.010
    0.3%
  • TSTOPVRPM.ATLPHL
    2.960
    0.380
    14.7%
  • TSTOPVRPM.PHLCHI
    2.240
    0.100
    4.7%
  • TSTOPVRPM.LAXSEA
    4.160
    0.060
    1.5%
  • TSTOPVRPM.DALLAX
    1.290
    -0.010
    -0.8%
  • WAIT.USA
    132.000
    -5.000
    -3.6%
Last MileNewsParcel

UPS to spend $316 million on 2 North Carolina projects

Company to expand Greensboro facility, build package sortation center in nearby Graham

UPS Inc. (NYSE:UPS) will grow its presence in the Greensboro, North Carolina, area by expanding its hub operations and building a package sortation center in nearby Graham at a cost of $316 million over a four-year period, North Carolina Gov. Roy Cooper’s office said Tuesday.

The project will create 592 jobs in Guilford and Alamance counties, according to the governor’s office. Projected wage scales will be well above the going pay rates in the counties, the office said.

The announcement comes less than a month after local authorities approved a “performance agreement” for UPS to build a facility at the North Carolina Commerce Park in Mebane, which is adjacent to Graham. UPS, which typically builds out a project in phases, will be operational at the new location much sooner than four years, according to a company spokesman.

UPS will receive state grants of up to $10.2 million over 12 years, the governor’s office said. Over that time, the project is estimated to add more than $1.4 billion to the state’s economy, the office said.

Mark Solomon

Formerly the Executive Editor at DC Velocity, Mark Solomon joined FreightWaves as Managing Editor of Freight Markets. Solomon began his journalistic career in 1982 at Traffic World magazine, ran his own public relations firm (Media Based Solutions) from 1994 to 2008, and has been at DC Velocity since then. Over the course of his career, Solomon has covered nearly the whole gamut of the transportation and logistics industry, including trucking, railroads, maritime, 3PLs, and regulatory issues. Solomon witnessed and narrated the rise of Amazon and XPO Logistics and the shift of the U.S. Postal Service from a mail-focused service to parcel, as well as the exponential, e-commerce-driven growth of warehouse square footage and omnichannel fulfillment.

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