Craven 100 Alliance puts $200,000 into the Craven County Industrial Park
The alliance's money joined $543,900 left from a state grant in an $843,900 budget amendment that Craven County commissioners approved 7-0 on Aug. 4, 2025.
Craven County's industrial park sits where Clarks Road meets U.S. 70, just outside New Bern, on City of New Bern water and sewer. On Aug. 4, 2025, the Craven 100 Alliance put $200,000 toward improvements there.
The money was part of an $843,900 budget amendment that county commissioners approved 7-0 that night. The alliance is a 501(c)(3) public-private partnership funded by private investors, Craven County, and the cities of New Bern and Havelock. The county website says it invests "in infrastructure, real estate and companies directly."
Jeff Wood, the county's economic development director, presented the amendment for building and lot improvements. The approved minutes show three pieces. The biggest, $543,900, was left from a state grant and carried over from fiscal year 2025. The alliance's $200,000 was for the industrial park. A $100,000 transfer from the county's fund balance was for building and lot improvements at a property the minutes call Launch Point.
Commissioners approved a second, separate amendment the same night, with no alliance money in it. It included $300,000 to extend water and sewer lines to Lot 6 in the industrial park, to prepare that site for development. It also carried the rest of a N.C. Department of Commerce grant for industrial development on property at Coastal Carolina Regional Airport.
The state money for the park traces to 2024, when Craven County Economic Development was awarded a $2,450,000 state grant for industrial park improvements. Wood told commissioners on June 15, 2026, that the grant had paid for expansion of the park and the purchase of more land.
At that meeting, Wood thanked the alliance, among others, for its support of the county's economic development work.
About this story
By Sotwire Desk. Written by Sotwire Desk from the sources below. Not a company attestation.
Sotwire Desk. Written by a named Sotwire editor from the sources cited below. Not a company attestation. Sotwire corrects errors publicly.
Key facts
- Craven 100 Alliance
- New Bern, NC
- Funding
- Desk reported
- Sotwire Desk
- $200,000 for the Craven County Industrial Park
- $843,900 for building and lot improvements, approved 7-0 on Aug. 4, 2025
- $543,900 left from a state grant, carried over from fiscal year 2025; $200,000 from the alliance; $100,000 from county fund balance
- $100,000 fund balance transfer for building and lot improvements
- Intersection of Clarks Road and U.S. 70, just outside New Bern
- City of New Bern water and sewer
- $1,165,808, carried over from fiscal year 2025, with no alliance money
- $300,000 to extend water and sewer lines and prepare the site for development
- Rest of a $1,077,694 N.C. Department of Commerce grant, with the county's required match, for industrial development at Coastal Carolina Regional Airport
- $2,450,000 to Craven County Economic Development for industrial park improvements; paid for park expansion and more land
- Craven 100 Alliance, a 501(c)(3) public-private partnership funded by private investors, Craven County, New Bern and Havelock
- Jeff Wood, Craven County economic development director
Key events
- Commissioners approved the $843,900 amendment with the alliance's $200,000, 7-0
- Commissioners approved a separate $1,165,808 amendment
- Jeff Wood reported on the 2024 state grant and thanked the alliance
Sources
- Craven County Board of Commissioners, Aug. 4, 2025 regular session minutes (approved) · Craven County · accessed 2026-10-17
- Craven County Board of Commissioners, June 15, 2026 regular session minutes (approved) · Craven County · accessed 2026-10-17
- Craven County Industrial Park & Industrial Properties · Craven County · accessed 2026-10-17
- Craven 100 Alliance - About Us · Craven County · accessed 2026-10-17