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Titan economic impact uncertain

More jobs and more money -- two things county commissioners say Titan America will bring to the area. One local business professor says that might not necessarily be the case. While the environmental impact has been the most controversial issue with residents, now the dollars and cents are in question. Everyone from the governor to county commissioners have touted the economic benefits of Titan coming here. The company has made promises of more than 150 new jobs, and nearly $500,000,000 investment in the county. UNCW Business Professor Curt Stiles says those numbers are based on an economic method that barely scratched the surface. "There are no economic benefits that have been confirmed at all. It's completely unsteady so it's completely incorrect to be talking about it as if those benefits are even likely, much less certain," said Stiles. Professor Stiles said UNCW has the capability to run more detailed studies, including the impact the cement plant will have on everything from infrastructure, to retail stores. Commissioner Greer says there aren't any further plans to dig deeper into the economic impact of the plant. Greer says the county has already offered $4.2 million in incentives, and Titan has accepted.

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