New Industrial Village
New Industrial Village: Powering Economic Growth
Join a Thriving Industrial Ecosystem
Rocky Mount’s New Industrial Village is at the forefront of industrial innovation. With state-of-the-art facilities and a supportive business environment, this area attracts major manufacturing and logistics players.
Major Investments: Cummins Inc.'s $580 million expansion underscores the area's industrial appeal.
Workforce Development: Partnerships with local colleges ensure a steady pipeline of skilled labor.
Infrastructure: Modern facilities equipped to meet diverse industrial needs.
Rocky Mount is set for major economic growth with a new 55-acre industrial village. This development will attract businesses, create jobs, and generate millions in economic output.
Rocky Mount is on the verge of a significant economic shift with the development of an industrial village at the intersection of Thomas A. Betts Parkway and Peele Road. Covering 55 acres, this project will provide turnkey buildings for industrial and commercial tenants—a rare opportunity in this region. Spearheaded by the Ruddell Group in collaboration with the City of Rocky Mount and the Carolinas Gateway Partnership, this initiative is designed to attract businesses, create jobs, and build long-term economic growth.
A strategic investment in Rocky Mount’s future
Acquired by the city in 2020, the land is set to become a hub for industry and commerce. The village will feature a northern section with larger facilities tailored for manufacturing and logistics, while the southern section will house smaller, adaptable spaces suitable for various business needs. The agreement between the city and Ruddell Group outlines ambitious development goals, including 100,000 square feet of development within five years, with the first building completion anticipated by early 2026. Infrastructure improvements, such as water and sewer upgrades, will begin in March 2025, laying the groundwork for the project.
With a focus on pre-leased and speculative buildings, companies will have immediate access to ready-to-use spaces, streamlining their expansion efforts and reducing costs. “The Rocky Mount Industrial Village is a strategic investment in our region’s future, addressing the growing demand for high-quality industrial space,” Dean Taitz, Ruddell Group. “With its prime location and modern infrastructure, this park will serve as a catalyst for economic growth, attracting businesses that create jobs and drive long-term prosperity.”
Upon full buildout, the industrial village will create nearly 300 jobs, generate over $43 million in total economic output, provide a minimum taxable building value of $28.9 million, and recoup the city’s investment in under two years. These long-term benefits of the project reinforce Rocky Mount’s position as a prime location for industrial growth.
Addressing community needs and sustainable growth
A key aspect of this initiative is community engagement and sustainable growth. The Ruddell Group proactively has addressed stakeholder concerns, ensured transparency, and set high standards for continued growth. Restrictive covenants will be in place to maintain the development’s quality and aesthetic appeal, aligning with the broader vision for Rocky Mount’s economic landscape.
Beyond job creation and tax revenue, the project will enhance the city’s reputation as a business-friendly destination. The availability of flexible, move-in-ready spaces will attract a diverse range of companies, from manufacturing firms to logistics providers and service-based industries.
As Rocky Mount continues to evolve, this industrial village will serve as a critical driver of economic expansion. The collaboration between the city, Ruddell Group, and the Carolinas Gateway Partnership underscores a commitment to smart growth, infrastructure investment, and job creation.
“With a strategic development plan in place, this project offers businesses an unparalleled opportunity to establish and expand operations in a rapidly growing market,” stated Mayor Sandy Roberson. “The combination of modern facilities, strong public-private collaboration, and a focus on long-term sustainability ensures that Rocky Mount’s industrial village will be a cornerstone of economic success for years.”
The City of Rocky Mount is encouraging businesses to be a part of the Rocky Mount’s industrial village.
SOURCE: Written by Shappelle Marshall, WRAL.com for the City of Rocky Mount. Originally published on March 5, 2025.