Triangle Tyre officially withdraws tire project in Edgecombe County | The Enterprise
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Triangle Tyre officially withdraws tire project in Edgecombe County

Posted on May 20, 2022

Updated on May 22, 2022

Local news
Triangle Tyre has withdrawn its project from the Kingsboro site in Edgecombe County.

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Triangle Tyre has withdrawn its project from the Kingsboro site in Edgecombe County.

Quote

Though we certainly had hoped that Triangle Tyre would build in Edgecombe County, we understand their decision. We’re very excited for the new opportunities before us to create jobs at Kingsboro." — Leonard Wiggins, chairman of the Edgecombe County Board of Commissioners

Triangle Tyre had notified the Carolinas Gateway Partnership and Edgecombe County officials that it is withdrawing from the project to build a tire plant at the Kingsboro Business Park and as required, returning the site to Edgecombe County.

Due to a number of complex business issues, Triangle’s leadership in Weihai, China, decided to discontinue the project in order to concentrate on its business needs at home, according to an unsigned news release from Carolinas Gateway Partnership.

Triangle officially reconveyed the 400-acre site at Kingsboro to Edgecombe County on May 13. Prior to that and during negotiations with Edgecombe County officials regarding the reconveyance of the site, Triangle gave permission to CGP to begin offering the site to various site consultants and contractors. The 400-acre mega site has already attracted multiple potential projects and discussions are proceeding with other companies interested in locating at the site.

Due to extensive site preparation completed on the site in anticipation of the Triangle Tyre project, it is in an advanced state of readiness for a new project. This makes the Kingsboro site immensely valuable to Edgecombe County and to potential businesses in the current business development climate across the southeastern United States, and especially in North Carolina.

“Though we certainly had hoped that Triangle Tyre would build in Edgecombe County, we understand their decision. We’re very excited for the new opportunities before us to create jobs at Kingsboro,” said Leonard Wiggins, chairman of the Edgecombe County Board of Commissioners. 

Triangle Tyre expressed its appreciation to Edgecombe County, the state of North Carolina and the CGP for their support of Triangle’s proposed project.

Norris Tolson, president of CGP, urged Triangle representatives to always keep Edgecombe County and North Carolina in mind for future opportunities. 

For more information on this site, contact Oppie Jordan, Carolinas Gateway Partnership at 252-442-6224 or email at ojordan@econdev.org.

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