# Charlotte Pipe to build new $325M foundry in Oakboro, North Carolina

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.

- Type: New facility
- Announced: 2020-05-12
- Where: Oakboro, Stanly County, North Carolina, United States
- Value: $325.0M
- Status: announced
- Products: cast iron pipe and fittings
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Charlotte Pipe and Foundry](https://endata.com/companies/6481.md)

## Sources

- [thesnaponline.com](https://thesnaponline.com/2020/05/12/charlotte-pipe-officially-announces-new-plant/), 2020-05-12: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.