Clash of Old, New Economy (in Wilmington) – WSJ.com
WILMINGTON, N.C.—The old economy and the new economy are squaring off in this coastal city, which is having second thoughts about revisiting its roots in heavy industry.
Titan Cement Co. of Greece wants to build one of the largest U.S. cement plants on the outskirts of the city and is promising hundreds of jobs. The factory would be on the site of a cement plant that closed in 1982 and today is populated mainly by fire ants, copperhead snakes and the occasional skateboarder.
Interesting to see WSJ readers have it out about our port city in the Comments sections for this article, too.
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