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Charlotte Pipe and Foundry will build a new cast iron foundry on a 428-acre site in Oakboro, Stanly County, North Carolina, investing at least $325 million, with operations possibly starting in Q3 2023. The company is also evaluating options for its current Charlotte site.
“Charlotte Pipe worked through a two-year process to select Stanly County as the site for the new foundry, in which the company will invest at least $325 million.”thesnaponline.com
Summarized from public sources; check the original articles before acting on it.