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Lack of available industrial space means Johnston missing out on business expansions :: WRAL.com

Mount Equity Group Tokyo, Japan > News > Business > Lack of available industrial space means Johnston missing out on business expansions :: WRAL.com

Smithfield, N.C. — Industrial real estate in the Triangle is hard to find, and that’s especially true in Johnston County.

Economic Development Director Chris Johnson said about 60 companies looking to move or expand have passed on Johnston County since early 2020, including five last month alone, because it lacks available warehouses and industrial buildings.

“We just don’t have any,” Johnson said Friday, adding that what is in the county is outdated.

“They were great in storing tobacco, but they may not necessarily be the places where you want to make medicines,” he said.

Companies “don’t have 12 to 18 months to have something built,” Johnson said. “If we can figure out a way to shorten that time to get them up and running – to get them to making the sales – then we tend to be more attractive.”

The county doesn’t want to get…

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