South Raleigh News

Governor Roy Cooper announced that MetOx International Inc. will establish a new production facility in Chatham County, North Carolina. The facility is expected to create 333 jobs and represents an investment of $193.7 million by the company.

"Many cutting-edge technologies power the clean energy economy, and it’s great to see MetOx and its superconducting technology join us here in Chatham County,” stated Governor Cooper. “Reducing carbon emissions will keep us safer and healthier while putting more money in the pockets of North Carolina families, and we’re excited to bring more clean tech company jobs to our state.”

MetOx, headquartered in Houston, Texas, specializes in High Temperature Superconducting (HTS) technology. The company aims to advance energy solutions and build a robust HTS manufacturing base in the United States through strategic partnerships.

HTS technology allows for high-power transmission at low voltage without heat generation or energy loss. It is transforming sectors like power transmission and grid expansion, meeting demands from AI-driven applications and data centers. It also supports high-field magnet applications such as wind turbines and motors for aerospace.

The planned facility in North Carolina's Research Triangle region will manufacture Xeus HTS wire, enhancing cable efficiency compared to traditional copper cables.

“Establishing our new large-scale manufacturing facility in Chatham County is a pivotal step toward securing a reliable, domestic supply of HTS wire for the development of critical infrastructure in the United States,” said Bud Vos, CEO of MetOx. “This facility will not only deliver transformative energy technologies that strengthen our grid and reduce carbon emissions but also create high-paying manufacturing jobs in a community eager to lead in innovation."

North Carolina Commerce Secretary Machelle Baker Sanders noted, “Innovative companies are naturally attracted to the top-tier research and educational resources available in North Carolina."

The average salary for these new positions is projected at $75,132 annually, contributing over $25 million to regional payroll growth against Chatham County's current average wage of $48,413.

The project benefits from a Job Development Investment Grant (JDIG), which could reimburse MetOx up to $3,184,500 over 12 years based on performance metrics. Economists predict it could grow North Carolina's economy by nearly $987.8 million during this period.

A portion of tax revenue generated may contribute up to $1,061,500 into a fund aiding rural communities across North Carolina through infrastructure grants aimed at attracting businesses.

“It will be exciting to see the products of this game-changing technology be produced in our region,” said N.C. Representative Robert Reives.

“I’m proud of the local and regional teams that worked together," added N.C. Senator Natalie Murdock.

Collaborators on this project include various state departments and educational institutions such as Duke Energy and North Carolina State University.