Project Aero invests $868M to build titanium manufacturing plant in North Carolina
American Titanium Metal, LLC has announced plans to establish a new manufacturing plant in Fayetteville, North Carolina. The company, which operates as Project Aero, will invest $867.8 million into the project, creating 304 jobs for the area. The 500,000-square-foot facility will be used to produce aerospace-grade titanium domestically. To help support the project, the company will receive a Job Development Investment Grant (JDIG) from the state’s Economic Investment Committee.
What people are saying
In a recent quote, LeRoy Prichard, President of Capital Projects for Project Aero, said, “With 20 plus years at U.S. Steel and 13 years at Nucor Corporation, developing five greenfield steel mill projects, I am proud to lead the construction of such a mission-critical project,”
Project Aero Chairman Teresa McBride added, “It has been a pleasure working with North Carolina’s Department of Commerce, the Fayetteville Cumberland Economic Development Corporation, Cumberland County, the City of Fayetteville, Fayetteville PWC, and Piedmont Natural Gas. Aerospace has continuously pushed the boundaries of human potential and plays a pivotal role in our nation's economic growth while bridging distances, transforming economies, and securing our future.”
Manufacturers investing in North Carolina
Packaging manufacturer invests $24.9 million to double production and build new manufacturing plant in North Carolina
To help support the project, Clearly Clean Products will receive a $200,000 performance-based grant from the One North Carolina Fund.
Nucor invests $20 million to open rebar fabrication facility in North Carolina
Nucor will receive a $50,000 performance-based grant from the One North Carolina Fund.
Boviet Solar invests $294 million to open first U.S. production facility in North Carolina
The solar energy technology company focuses on manufacturing monocrystalline PV cells for the solar industry.
Investing in American manufacturing in 2024
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
About the Author
Alexis GajewskiAlexis Gajewski
Senior Content Strategist
Alexis Gajewski is a manufacturing writer and editor with nearly 20 years of experience covering the people, practices, and technologies that keep industrial facilities running. For more than a decade, she served as Senior Content Strategist for Plant Services, creating content for plant managers, engineers, and maintenance professionals on a variety of industrial topics.
During her tenure, Alexis worked to develop the brand’s digital strategy and helped launch and produce Great Question: A Manufacturing Podcast. She also created The Lighter Side of Manufacturing, a weekly blog that explored the inventive and sometimes humorous side of the industry.
Alexis co-founded Influential Women in Manufacturing, a recognition program that honored 49 women in its first two years, earned an industry award for Best Product Launch, and received a proclamation from Illinois Governor JB Pritzker and a commendation from U.S. Senator Tammy Duckworth.
She also led newsroom operations and development at a large media company where she set editorial standards, developed training curriculum, and helped support AI adoption for more than 150 editors across 80+ brands spanning manufacturing, industrial processing, automation, and more.
Additionally, Alexis works as a freelance writer and editor, and her areas of interest include continuous improvement, the skilled workforce, and the role of emerging technology on the plant floor.
Connect with Alexis on LinkedIn
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