Balloon payment: CargoLifter's giant airships could boost the state's economy. But can they get aloft before the company runs out of cash?
Business North Carolina › Vol. 22 Nbr. 6, June 2002
Linked as:
Extract
Balloon payment: CargoLifter's giant airships could boost the state's economy. But can they get aloft before the company runs out of cash?
Fifteen miles east of Kinston, gulls flock behind huge John Deere tractors to pluck insects from freshly plowed fields that spread from one horizon to the other. This stretch along the county line, like the rest of Craven and Jones counties, is as flat as a griddle, but Jim Davis, Craven's economic developer, recently asked highway officials to build an overlook on U.S. 70. "Just like the ones they have on the Blue Ridge Parkway," he says.
Here's his thinking: In a few years on 5,800 acres near the crossroads of Cove City, a building as tall as any in Raleigh will rise. Periodically, its clamshell doors will yawn and an airship longer than the battleship USS North Carolina will float out. Davis worries that gawking drivers will crash. His fear springs from what is yet little m...See the full content of this document
Sponsored links
