Business expansion Holmes Security Systems prepares for long-awaited move Page 17 January 21, 2022 - February 3, 2022 Vol. 1, No. 17
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WEB EXCLUSIVE Residential Real Estate
Local data shows increase in new residential permits in 2021 bizfayetteville.com
Technology
Montauk Ag Renewables arrives in Sampson County Page 11
Banking + Finance
How is online banking affecting local banks? Page 19
SAMPSON COUNTY ECONOMIC DEVELOPMENT COMMISSION
Sampson County is thriving as industries abound and opportunity for growth awaits.
Index
Economic Indicators .............................. 3 Publisher’s Notes ................................... 4 Achievers ............................................8-9 Technology ...........................................11 The List ................................................15 Commercial Real Estate .......................17 Banking + Finance ...............................19 Profile ..................................................23
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SAMPSON COUNTY WELL-POSITIONED FOR GROWTH
t may be the second-largest pork-producing area in the nation, but Sampson County remains hungry. It’s not the kind of hunger a barbecue plate can satisfy, but a hunger for new and expanding companies, both small and large, according to Stephen Barrington, executive director of the Sampson County Economic Development Commission. “Sampson County and our local municipalities are hungry for growth,” Barrington told the Greater Fayetteville Business Journal recently. Perhaps overshadowed by its status >>
By Scott Nunn
atop the pork industry (the county is second only to neighboring Duplin in hog production, according to FarmJournal.com), Sampson does have a growing industrial base. “Sampson County is known for its amazing agriculture – crops and animals. We are proud of this,” Barrington said. “However, one only needs to delve into [the] data to see that Sampson County has a [diverse] industrial base. There are numerous sub-industries that have a strong location quotient that speaks to its competitiveness across the country.” In the past year, Barrington said,
the county landed two significant companies – Montauk Ag Renewables and Garland Apparel Group, which is already expanding its new facility. Once both are fully operational – in 3-5 years – their combined presence will yield over $150 million to the county’s annual tax base and 350 new jobs, according to Barrington. “This said,” he added, “there is plenty of room to further our community’s growth and diversification of business and industry.” With 946 square miles of land – a close second to nearby Robeson See SAMPSON COUNTY, page 7