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Why young North Carolina entrepreneurs are buying up Boomer businesses

In North Carolina and beyond, young entrepreneurs are buying up small businesses from founders nearing retirement.

Business

Rob Belk, 35, grew up in <a class="gtmContentClick" data-vars-link-text="Charlotte" data-vars-click-url="https://www.axios.com/local/charlotte" data-vars-content-id="7a6faaac-45d5-40be-af90-2649b31e3c01" data-vars-headline="Why young North Carolina entrepreneurs are buying up Boomer businesses" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/charlotte" target="_self">Charlotte</a>, selling ladies&#x27; shoes at the SouthPark mall Belk, his family&#x27;s eponymous department store — a grind that instilled in him an entrepreneurial bug. Earlier this year, he purchased Sales Factory, a Greensboro marketing and insights agency that&#x27;s been around since 1984.Why it matters: In North Carolina and beyond, young entrepreneurs are buying up small businesses from founders nearing retirement — part of a phenomenon dubbed the &quot;<a class="gtmContentClick" data-vars-link-text="silver tsunami" data-vars-click-url="https://www.axios.com/2025/11/29/retirement-crisis-social-security-2026" data-vars-content-id="7a6faaac-45d5-40be-af90-2649b31e3c01" data-vars-headline="Why young North Carolina entrepreneurs are buying up Boomer businesses" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2025/11/29/retirement-crisis-social-security-2026" target="_self">silver tsunami</a>&quot; that&#x27;s resulting in a massive transfer of wealth.

North Carolina farmers are in tariff limbo

Soybean farmers in North Carolina are struggling with rising costs for fertilizer and equipment

North Carolina farmers are grappling with renewed uncertainty after the U.S. Supreme Court <a class="gtmContentClick" data-vars-link-text="struck down many of the Trump administration&#x27;s sweeping global tariffs" data-vars-click-url="https://www.axios.com/2026/02/20/trump-tariffs-supreme-court-illegal" data-vars-content-id="93bcc260-7408-43cd-a955-bffdb63ae970" data-vars-headline="North Carolina farmers are in tariff limbo" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2026/02/20/trump-tariffs-supreme-court-illegal" target="_self">struck down many of the Trump administration&#x27;s sweeping global tariffs</a>. Why it matters: North Carolina farmers of soybean and corn, the state&#x27;s <a class="gtmContentClick" data-vars-link-text="two biggest crops by acreage" data-vars-click-url="https://www.nass.usda.gov/Quick_Stats/Ag_Overview/stateOverview.php?state=NORTH%20CAROLINA" data-vars-content-id="93bcc260-7408-43cd-a955-bffdb63ae970" data-vars-headline="North Carolina farmers are in tariff limbo" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.nass.usda.gov/Quick_Stats/Ag_Overview/stateOverview.php?state=NORTH%20CAROLINA" target="_blank">two biggest crops by acreage</a>, are stuck in a <a class="gtmContentClick" data-vars-link-text="cost-price squeeze" data-vars-click-url="https://www.extension.iastate.edu/news/farmers-challenged-persistent-cost-price-squeeze-dynamics" data-vars-content-id="93bcc260-7408-43cd-a955-bffdb63ae970" data-vars-headline="North Carolina farmers are in tariff limbo" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.extension.iastate.edu/news/farmers-challenged-persistent-cost-price-squeeze-dynamics" target="_blank">cost-price squeeze</a> that has been elevated by tariffs, said Charles Hall, the executive director of the <a class="gtmContentClick" data-vars-link-text="N.C. Soybean Producers Association" data-vars-click-url="https://www.ncsoy.org/staff" data-vars-content-id="93bcc260-7408-43cd-a955-bffdb63ae970" data-vars-headline="North Carolina farmers are in tariff limbo" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.ncsoy.org/staff" target="_blank">N.C. Soybean Producers Association</a>.<ul><li>In other words, farmers are paying more for equipment and other inputs — in part because of tariffs — than they&#x27;re earning from crop sales.</li></ul>

Local Limelight: Nida Allam on life in Durham and the rematch

The Durham commissioner shares favorite spots in Durham, talks primary rematch.

Politics

Nida Allam says in her three decades in the Triangle, one of the most beautiful things she&#x27;s witnessed is the blossoming of a vibrant community of immigrants.Why it matters: The county commissioner launched a <a class="gtmContentClick" data-vars-link-text="congressional bid" data-vars-click-url="https://www.axios.com/local/raleigh/2025/12/12/north-carolina-4th-congressional-district-democratic-primary" data-vars-content-id="5d1d3b7f-8de9-4ad7-81a8-8b04ae97b51c" data-vars-headline="Local Limelight: Nida Allam on life in Durham and the rematch" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2025/12/12/north-carolina-4th-congressional-district-democratic-primary" target="_self">congressional bid</a> at a time when <a class="gtmContentClick" data-vars-link-text="immigration" data-vars-click-url="https://www.axios.com/local/raleigh/2025/12/03/ice-border-patrol-tactics-north-carolina-fear" data-vars-content-id="5d1d3b7f-8de9-4ad7-81a8-8b04ae97b51c" data-vars-headline="Local Limelight: Nida Allam on life in Durham and the rematch" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2025/12/03/ice-border-patrol-tactics-north-carolina-fear" target="_self">immigration</a> is front and center in American politics.

The most watched primary in North Carolina

A loss for Berger would change the levers of power in the N.C. General Assembly

Residents of Reidsville, a town of nearly 15,000 north of Greensboro in Rockingham County, say they are tired of the mailers piling up in their mailboxes, exhausted of the ads that show up every time they turn on the TV or open Facebook, and wary of people knocking on their doors. <ul><li>&quot;It&#x27;s incredibly annoying, the amount of political material being sent out. They had some guy come up on my porch,&quot; Kelly Carl, 57, of Reidsville, told Axios, questioning the tactics of campaigning in <a class="gtmContentClick" data-vars-link-text="state Senate District 26" data-vars-click-url="https://www.ncleg.gov/Members/Biography/s/64" data-vars-content-id="d9ab1d8e-c9e7-439a-a7dc-252763492229" data-vars-headline="The most watched primary in North Carolina" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.ncleg.gov/Members/Biography/s/64" target="_blank">state Senate District 26</a>. </li></ul>Why it matters: The approach is probably necessary, though. The showdown between Phil Berger, the most powerful Republican in the state, and Rockingham County Sheriff Sam Page could change the trajectory of North Carolina politics. <ul><li>If Berger were to lose to the charismatic cowboy hat-donning sheriff, whose name recognition locally rivals the incumbent, it would transform the levers of power in Raleigh, where Berger has wielded broad influence since <a class="gtmContentClick" data-vars-link-text="leading a Republican takeover " data-vars-click-url="https://www.theassemblync.com/news/politics/the-motivations-of-phil-berger/" data-vars-content-id="d9ab1d8e-c9e7-439a-a7dc-252763492229" data-vars-headline="The most watched primary in North Carolina" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.theassemblync.com/news/politics/the-motivations-of-phil-berger/" target="_blank">leading a Republican takeover </a>of the N.C. General Assembly 2010. </li></ul>

RDU's $2.5B construction projects aim to handle sweeping growth

The $2.5 billion worth of investments will double the capacity of the airport.

Passengers should brace for lots of dust and other disruptions as Raleigh-Durham International Airport forges ahead on four major construction projects. Why it matters: These large-scale projects will double the capacity of RDU over the next decade. Airport officials see the <a class="gtmContentClick" data-vars-link-text="investments" data-vars-click-url="https://www.axios.com/local/raleigh/2025/10/17/whats-on-rdus-wishlist-international-destinations" data-vars-content-id="65406e22-2462-49d5-a95b-31e92b87cecd" data-vars-headline="RDU&#x27;s $2.5B construction projects aim to handle sweeping growth" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2025/10/17/whats-on-rdus-wishlist-international-destinations" target="_self">investments</a>, though they may be disruptive, as necessary to handle the anticipated passenger growth.

Taking the bus to RDU is probably easier than you think

A park-and-ride near the airport is also easily reached by bus from Raleigh, Durham, Cary and Chapel Hill.

Transit

I&#x27;ve been wondering what it&#x27;s like to take public transit to the <a class="gtmContentClick" data-vars-link-text="Raleigh-Durham International Airport" data-vars-click-url="https://www.axios.com/local/raleigh/2025/09/29/to-go-international-rdu-adds-incentives" data-vars-content-id="d87e0e69-e5a6-42fc-b6f7-d0dd40e3c024" data-vars-headline="Taking the bus to RDU is probably easier than you think" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2025/09/29/to-go-international-rdu-adds-incentives" target="_self">Raleigh-Durham International Airport</a>, so on a recent work trip, I gave it a try.<ul><li>It was refreshingly painless.</li></ul>Why it matters: RDU is a major <a class="gtmContentClick" data-vars-link-text="economic driver" data-vars-click-url="https://www.axios.com/local/raleigh/2025/10/17/whats-on-rdus-wishlist-international-destinations" data-vars-content-id="d87e0e69-e5a6-42fc-b6f7-d0dd40e3c024" data-vars-headline="Taking the bus to RDU is probably easier than you think" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2025/10/17/whats-on-rdus-wishlist-international-destinations" target="_self">economic driver</a> and <a class="gtmContentClick" data-vars-link-text="one of the most well-liked" data-vars-click-url="https://www.axios.com/local/raleigh/2025/09/22/why-people-are-loving-rdu" data-vars-content-id="d87e0e69-e5a6-42fc-b6f7-d0dd40e3c024" data-vars-headline="Taking the bus to RDU is probably easier than you think" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2025/09/22/why-people-are-loving-rdu" target="_self">one of the most well-liked</a> large airports in North America. Millions of people from the Triangle rely on it to access destinations around the U.S. and around the world.<ul><li>But actually getting to the airport can be confusing and expensive.</li></ul>

What's on RDU's international wishlist

RDU is eyeing two regions as priorities for the next decade

Raleigh-Durham International Airport now serves a record 15 international destinations, a number that could continue to grow as RDU eyes new routes to two key regions: Latin America and India. Why it matters: RDU is one of the biggest economic drivers in the region. It helps attract businesses and investment to the area, and provides a key source of transit for millions of people around the Triangle. <ul><li>The airport has viewed adding international flights coming out of the pandemic as a key priority, even offering <a class="gtmContentClick" data-vars-link-text="incentives to land" data-vars-click-url="https://www.axios.com/local/raleigh/2025/09/29/to-go-international-rdu-adds-incentives" data-vars-content-id="a4ff873f-ead5-4d38-8fbc-11a3cc3d2a93" data-vars-headline="What&#x27;s on RDU&#x27;s international wishlist" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2025/09/29/to-go-international-rdu-adds-incentives" target="_self">incentives to land</a> highly competitive routes such as Germany and Ireland.</li></ul>

Durham unveils initial bus rapid transit plans

The route would stretch from Duke hospital through downtown and into East Durham.

Following in the footsteps of <a class="gtmContentClick" data-vars-link-text="Raleigh and Chapel Hill" data-vars-click-url="https://www.axios.com/local/raleigh/2024/03/13/bus-rapid-transit-momentum-picks-up-in-chapel-hill-raleigh" data-vars-content-id="af0e2009-2a5c-45f7-99a0-c4295fdc1702" data-vars-headline="Durham unveils initial bus rapid transit plans" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2024/03/13/bus-rapid-transit-momentum-picks-up-in-chapel-hill-raleigh" target="_self">Raleigh and Chapel Hill</a>, Durham has unveiled initial plans for adding a bus rapid transit line through the center of the city.Why it matters: With dreams of light rail and commuter rail across the Triangle <a class="gtmContentClick" data-vars-link-text="seemingly quashed" data-vars-click-url="https://www.axios.com/local/raleigh/2023/07/26/raleigh-durham-commuter-rail-faces-bleak-funding-outlook" data-vars-content-id="af0e2009-2a5c-45f7-99a0-c4295fdc1702" data-vars-headline="Durham unveils initial bus rapid transit plans" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2023/07/26/raleigh-durham-commuter-rail-faces-bleak-funding-outlook" target="_self">seemingly quashed</a>, officials in the region have increasingly turned their eyes toward bus rapid transit as a <a class="gtmContentClick" data-vars-link-text="way to improve transit options" data-vars-click-url="https://www.axios.com/local/raleigh/2025/06/11/gotriangle-new-ceo-bus-rapid-transit-raleigh-durham" data-vars-content-id="af0e2009-2a5c-45f7-99a0-c4295fdc1702" data-vars-headline="Durham unveils initial bus rapid transit plans" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2025/06/11/gotriangle-new-ceo-bus-rapid-transit-raleigh-durham" target="_self">way to improve transit options</a>. <ul><li>Bus rapid transit is cheaper than rail and similar to traditional bus service, but provides bus-only lanes and preferred traffic lights to improve speed, increases frequency and adds larger stations.</li></ul>

GoTriangle CEO: Bus rapid transit could play a key role in the Triangle's future

It will be important for cities to prove bus rapid transit works before expanding the system, new CEO Brian Smith told reporters Wednesday.

News

GoTriangle&#x27;s new CEO Brian Smith says <a class="gtmContentClick" data-vars-link-text="regional bus rapid transit" data-vars-click-url="https://www.axios.com/local/raleigh/2024/03/13/bus-rapid-transit-momentum-picks-up-in-chapel-hill-raleigh" data-vars-content-id="75819816-e816-4aa8-9a2b-e2e2dbcc8517" data-vars-headline="GoTriangle CEO: Bus rapid transit could play a key role in the Triangle&#x27;s future" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2024/03/13/bus-rapid-transit-momentum-picks-up-in-chapel-hill-raleigh" target="_self">regional bus rapid transit</a> could be a critical part of the region&#x27;s future, but it will be important for the <a class="gtmContentClick" data-vars-link-text="cities to prove the systems work well" data-vars-click-url="https://www.axios.com/local/raleigh/2025/04/28/raleigh-tries-again-to-get-bus-rapid-transit-construction-started" data-vars-content-id="75819816-e816-4aa8-9a2b-e2e2dbcc8517" data-vars-headline="GoTriangle CEO: Bus rapid transit could play a key role in the Triangle&#x27;s future" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2025/04/28/raleigh-tries-again-to-get-bus-rapid-transit-construction-started" target="_self">cities to prove the systems work well</a> first. Why it matters: GoTriangle is at an inflection point after its previous CEO <a class="gtmContentClick" data-vars-link-text="left the regional transit agency" data-vars-click-url="https://www.axios.com/local/raleigh/2024/09/27/gotriangle-ceo-departs-resignation-triangle-transit" data-vars-content-id="75819816-e816-4aa8-9a2b-e2e2dbcc8517" data-vars-headline="GoTriangle CEO: Bus rapid transit could play a key role in the Triangle&#x27;s future" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2024/09/27/gotriangle-ceo-departs-resignation-triangle-transit" target="_self">left the regional transit agency</a> following the collapse of its commuter rail plans due to funding concerns. <ul><li>Smith, who comes to the Triangle from <a class="gtmContentClick" data-vars-link-text="Hampton Roads Transit" data-vars-click-url="https://gohrt.com/agency/management/brian-smith/" data-vars-content-id="75819816-e816-4aa8-9a2b-e2e2dbcc8517" data-vars-headline="GoTriangle CEO: Bus rapid transit could play a key role in the Triangle&#x27;s future" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://gohrt.com/agency/management/brian-smith/" target="_blank">Hampton Roads Transit</a> in Virginia, will be tasked with helping design what the region&#x27;s future connections between cities look like. </li></ul>

State lawmakers could block Capital Boulevard's conversion into a toll road

Local officials had begrudgingly supported turning Capital Boulevard into a toll road

State lawmakers could block the potential transformation of Capital Boulevard into a toll road under the N.C. House&#x27;s <a class="gtmContentClick" data-vars-link-text="proposed state budget" data-vars-click-url="https://www.ncleg.gov/Sessions/2025/Bills/Senate/PDF/S257v6.pdf" data-vars-content-id="e5a95c32-7135-4ef9-947f-10a2c1a30b57" data-vars-headline="State lawmakers could block Capital Boulevard&#x27;s conversion into a toll road" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.ncleg.gov/Sessions/2025/Bills/Senate/PDF/S257v6.pdf" target="_blank">proposed state budget</a>. Why it matters: Local officials in Raleigh and Wake County have begrudgingly <a class="gtmContentClick" data-vars-link-text="turned toward tolls" data-vars-click-url="https://www.axios.com/local/raleigh/2025/04/16/to-speed-up-capital-blvd-expansion-the-triangle-could-add-tolls" data-vars-content-id="e5a95c32-7135-4ef9-947f-10a2c1a30b57" data-vars-headline="State lawmakers could block Capital Boulevard&#x27;s conversion into a toll road" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2025/04/16/to-speed-up-capital-blvd-expansion-the-triangle-could-add-tolls" target="_self">turned toward tolls</a> as a way to pay for an expansion of a 10-mile section of Capital Boulevard between Raleigh and Wake Forest, one of the region&#x27;s most gridlocked roads.

The Bike Library to open its first retail and coffee shop in downtown Raleigh

After finding success as a shipping container pop-up on Raleigh's Walnut Creek Trail, The Bike Library plans to open its first permanent shop in the West End neighborhood this summer.

The Bike Library plans to open its first permanent shop in the <a class="gtmContentClick" data-vars-link-text="West End neighborhood this summer" data-vars-click-url="https://www.axios.com/local/raleigh/2024/08/02/raleigh-west-end-neighborhood-development-kane-apartments-retail" data-vars-content-id="2849956e-ca7b-438a-81b2-41accdcddc16" data-vars-headline="The Bike Library to open its first retail and coffee shop in downtown Raleigh" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2024/08/02/raleigh-west-end-neighborhood-development-kane-apartments-retail" target="_self">West End neighborhood this summer</a>, after finding success as a shipping container pop-up on Raleigh&#x27;s Walnut Creek Trail.Why it matters: The Bike Library, which launched last summer, is both a community movement and retail shop led by Cameron Zamot, who quit his job with the city to focus on the venture full time. <ul><li>The ultimate goal is to make and advocate for Raleigh to become less car centric, one bike at a time.</li></ul>

Shipping container service halted in Wilmington due to dockworker strikes

A work stoppage that lasts more than a few days will snarl supply chains

Shipping container operations at the Port of Wilmington in North Carolina have been halted due to tens of thousands of dockworkers <a class="gtmContentClick" data-vars-link-text="going on strike" data-vars-click-url="https://www.axios.com/2024/10/01/port-strike-dockworkers-east-coast-gulf-coast?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=newsletter_axiosmacro&amp;stream=business" data-vars-content-id="ffcd5696-6db1-4f42-b564-38ac3eb1ad96" data-vars-headline="Shipping container service halted in Wilmington due to dockworker strikes" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2024/10/01/port-strike-dockworkers-east-coast-gulf-coast?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=newsletter_axiosmacro&amp;stream=business" target="_self">going on strike</a> up and down the East Coast. Why it matters: A work stoppage that lasts more than a few days will snarl supply chains, raising the prospect of higher prices and shortages of everything from auto parts to bananas as the U.S. heads into the holidays — and a presidential election, Axios&#x27; Emily Peck writes.

GoTriangle is at a crossroads after departure of CEO

GoTriangle will need new direction after its CEO resigned

GoTriangle, the regional transit agency for Durham, Orange and Wake counties, is looking for a new leader after its president and CEO, Charles Lattuca, resigned from his position. Why it matters: The resignation puts GoTriangle at a crossroads on how it <a class="gtmContentClick" data-vars-link-text="will serve" data-vars-click-url="https://www.axios.com/local/raleigh/2022/08/22/commuter-train-raleigh-durham-research-triangle" data-vars-content-id="54425681-c1cc-428a-a944-5c3373944103" data-vars-headline="GoTriangle is at a crossroads after departure of CEO" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2022/08/22/commuter-train-raleigh-durham-research-triangle" target="_self">will serve</a> one of the fastest-growing yet <a class="gtmContentClick" data-vars-link-text="car-reliant" data-vars-click-url="https://www.axios.com/local/raleigh/2024/06/14/we-re-a-car-city" data-vars-content-id="54425681-c1cc-428a-a944-5c3373944103" data-vars-headline="GoTriangle is at a crossroads after departure of CEO" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2024/06/14/we-re-a-car-city" target="_self">car-reliant</a> regions in the country.

Feds grant NC $242 million to replace major Wilmington bridge

The federal government will grant North Carolina $242 million to replace the busy and aging Cape Fear Memorial Bridge in Wilmington,

The federal government will grant North Carolina $242 million to replace the busy and aging Cape Fear Memorial Bridge in Wilmington, <a class="gtmContentClick" data-vars-link-text="Gov. Roy Cooper" data-vars-click-url="https://www.axios.com/local/raleigh/2022/05/23/local-limelight-north-carolina-governor-roy-cooper" data-vars-content-id="151626d6-19c8-47ad-99cc-d9dae63c0ecc" data-vars-headline="Feds grant NC $242 million to replace major Wilmington bridge" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2022/05/23/local-limelight-north-carolina-governor-roy-cooper" target="_self">Gov. Roy Cooper</a> and U.S. Sen. <a class="gtmContentClick" data-vars-link-text="Thom Tillis" data-vars-click-url="https://www.axios.com/local/raleigh/2023/10/18/nc-us-sen-thom-tillis-bipartisan-pickleball" data-vars-content-id="151626d6-19c8-47ad-99cc-d9dae63c0ecc" data-vars-headline="Feds grant NC $242 million to replace major Wilmington bridge" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/raleigh/2023/10/18/nc-us-sen-thom-tillis-bipartisan-pickleball" target="_self">Thom Tillis</a> announced Friday. Why it matters: The bridge crosses the Cape Fear River and serves as an &quot;essential connection between Wilmington and the world,&quot; the city&#x27;s Mayor Bill Saffo said, according to the <a class="gtmContentClick" data-vars-link-text="Wilmington Star-News" data-vars-click-url="https://www.starnewsonline.com/story/news/local/2024/07/12/millions-awarded-to-help-fund-replacement-of-cape-fear-memorial-bridge/74381989007/" data-vars-content-id="151626d6-19c8-47ad-99cc-d9dae63c0ecc" data-vars-headline="Feds grant NC $242 million to replace major Wilmington bridge" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.starnewsonline.com/story/news/local/2024/07/12/millions-awarded-to-help-fund-replacement-of-cape-fear-memorial-bridge/74381989007/" target="_blank">Wilmington Star-News</a>.

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