Duke Energy site readiness efforts help land $1.2 billion advanced manufacturing project in Cherokee County

Advance work at the Bailey site prepared the property for a significant industrial investment by USA Rare Earth Collaboration underscores the power of ready-to-go sites; adds to the $3.5 billion of capital investments and more than 5,200 new jobs the Site Readiness Program has helped bring to South Carolina GREENVILLE, S.C., June 3, 2026 /PRNewswire/ -- USA Rare Earth's announcement this week of a major investment and new jobs in Cherokee County highlights the impact of Duke Energy's Site Readiness Program, which helped prepare the Bailey Industrial Site for major economic development.