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Frame The Importance of

Commercial Truck Insurance in Durham, NC

  • Let's face it - truckers in America have always been the backbone of our great country. They still are in modern times. On any given day, thousands of trucks traverse our highways and local roads, delivering goods and products on time so that businesses and consumers have what they need to live life. And while commercial trucking can be an incredibly lucrative way to make a living and put food on the table, it can also be risky and expensive.
  • Whether you're the owner of a fleet, an independent trucker, or have a business that uses big rigs to transport goods, you need commercial trucking insurance to protect you and your client's investments, shield you from liability, and more.
  • That's where working with a reliable truck insurance agency comes into play. Unfortunately, for many commercial truck insurance providers, serving the needs of truckers is low on the proverbial totem pole. At Independence Insurance Agency, nothing could be further from the truth.

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percent The Commercial Truck

Insurance Agency in Durham, NC You Can Trust

Much like you pride yourself on running a successful trucking business, Independence Insurance Agency prides itself on its years of experience providing truck insurance for hardworking men and women across the country. And in our experience, insurance rates for truckers are just too high - so high, in fact, that they eat away at their bottom line, making it more difficult to run a business and make a profit. Fortunately, at Independence Insurance Agency, we provide truckers the freedom they need from astronomically high insurance rates so they can stay on the road and keep driving America forward.

As one of the most trusted commercial trucking insurance agencies in the U.S., we understand the challenges that you face daily as a trucker. We also know how important it is to protect your business. That's why we go above and beyond to find you the best-priced coverage available, whether you're an operator, own a small fleet, a large fleet, or something in between.

Commercial Truck Insurance Durham, NC

We Put Truckers First Because Others Don't

 Truck Insurance Durham, NC

Truckers across the country choose to work with Independence Insurance Agency because we put their needs first before anything else. As experts in transportation insurance, we proudly offer a range of quality insurance products that are both practical and affordable for them. Our industry-leading carriers provide coverage that caters to the unique challenges faced by the trucking industry, ensuring that your business is protected at all times.

At our core, we are committed to finding the best possible price for your coverage without compromising the quality of service you deserve. The truth is, we understand how essential truckers are to the United States and take pride in making their insurance experience more streamlined and affordable.

One way we do so is by simplifying the insurance process. Our transportation specialists take the time to understand your specific needs and budget to tailor a comprehensive plan that works for you. You won't ever have to worry about cookie-cutter plans or uninterested agents when you work with our commercial trucking insurance agency. We take an educational approach to ensure that the entire big rig insurance process is quick, painless, and easy to understand. If there's something you don't understand, we're happy to take the time to explain. After all, the success and safety of your business are on the line.

Looking to the future, we are committed to providing innovative new products that cater to the ever-changing needs of truck drivers. As your one-stop shop for commercial trucking insurance, we are dedicated to your success, one policy at a time.

If you're a commercial trucker looking to ensure your rig, you can rest easy knowing that Independence Insurance Agency provides:

  • Affordable Trucking Insurance Plans for Any Budget
  • Exemplary Customer Service
  • Seasoned Transportation Specialists Who Customize Plans to Your Needs
  • A+ Carriers Across the Country
  • Simple, Easy Quote and Bind Process
  • Multiple Insurance Carriers Quoted to Find You the Best Rates
  • Truck Insurance for New Ventures

Call us or send us a message today to learn more about the best 18-wheeler insurance options for your trucking business.

chart The Commercial Truck

Common Types of Big Rig Truck Insurance in Durham, NC

At Independence Insurance Agency, we offer several types of insurance coverage for local, intermediate, and long-haul trucking needs. Here are just a few categories of trucking insurance coverage that our agency offers.

As the foundation of your insurance policy, liability coverage is required by law in most states in the U.S. It provides coverage for damage or injuries caused to properties or other people if your 18-wheeler is responsible for the crash. Without liability coverage, it's almost impossible to drive a truck or run a trucking business without major legal consequences.

Having physical damage coverage is an essential component that shouldn't be overlooked. This insurance is responsible for covering the expenses related to repairing or replacing your truck in situations such as accidents, theft, vandalism, and other damaging events. By having this coverage, you can rest assured that your business won't be affected significantly by unexpected incidents, and you can continue running your operations smoothly even in challenging times.

For trucking companies, the goods they transport are crucial to their operations. To protect these goods from damage, loss, or theft while in transit, cargo insurance is essential. This coverage provides much-needed peace of mind for both you and your clients, allowing you to reimburse clients for any losses sustained while protecting your reputation and brand identity.

Non-Trucking Liability Insurance is designed to cover property damage or bodily injury that may occur during personal time when the driver/truck is not under dispatch. This coverage can be applied with or without a trailer and is added to a commercial policy as an endorsement.

While Independence Insurance Agency has built a reputation of excellence in serving the needs of truckers, we also offer general liability. Also known as Truckers General Liability, this coverage insures for bodily injuries or property damage that happen due to business activities that are NOT the cause of operating a truck. It covers accidents that occur in parking lots, rest stops, also while loading or unloading. General liability can also cover losses related to theft and vandalism. Most brokers and shippers will require this coverage to work with you.

Bobtail insurance is a type of coverage that is comparable to non-trucking liability, which is designed to offer protection when driving a truck without a trailer attached. This is commonly referred to as "bobtailing." With bobtail insurance, the tractor is covered at all times, even when it is not attached to a trailer, regardless of whether or not the truck is under dispatch.

Trailer interchange insurance is a must-have if you're involved in a trailer interchange agreement. This essential coverage offers protection for trailers owned by other parties that you're using under a contractual agreement. It covers damages caused by collisions, fire, theft, and vandalism, providing assurance to all parties involved.

Curious whether our commercial truck insurance agency in cityname, state offers additional coverage? The following options can be bound in your insurance policy:

  • Business Interruption Insurance
  • Reefer Breakdown Insurance
  • Occupational Accident with Contract Liability Insurance
  • Rental Reimbursement Insurance
  • Underinsured or Uninsured Motorist Insurance
  • Towing Insurance
  • Electronics Insurance
  • Much More

Three plus 3 Safe Driving Tips to

Lower the Cost of Truck Insurance in Durham, NC

Keeping your drivers safe on the road is crucial not only for their own well-being but also for the safety of other motorists and the financial stability of your business. The Department of Labor has identified the trucking industry as one of the most hazardous sectors in the U.S. In fact, trucking and logistics fleets are known for their high injury and fatality rates. By improving how safely your truckers drive, you can help reduce expenses related to claim payouts, accidents, and insurance premium hikes.

Whether you own a large fleet or you're the owner and operator of a single rig, keep these safe driving tips in mind to help lower your insurance costs.

Implement Preventative Maintenance Plans

Ensuring the safety of your drivers begins with the safety of their vehicles. Trucks and tractor-trailers that do not receive regular maintenance, such as oil and brake pad changes, are more likely to experience breakdowns while on the road. Telematics devices provide real-time insight into engine and odometer data, including fault codes.

This information enables your mechanics to create comprehensive preventative maintenance schedules based on mileage, history of previous breakdowns, days, and more. Additionally, they can receive immediate notifications for critical fault codes. By implementing routine maintenance and proactive repair schedules, you can ensure that your vehicles are in top condition, minimizing the likelihood of breakdowns, which can help reduce the cost of trucker insurance.

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 Trucking Insurance Durham, NC

Practice Defensive Driving

This approach aims to mitigate the risk of fatal crashes and injuries by proactively identifying and responding to potentially dangerous situations and making informed decisions while driving. By adopting defensive driving techniques, drivers can reduce their likelihood of accidents, thereby minimizing the need for expensive repairs, claim payouts, and increased insurance premiums.

Some of the easiest ways for you or your drivers to practice safe driving include:

  • Be Wary of Blind Spots: Operating a reefer or tractor-trailer means driving high off of the ground, which can make visibility limited, especially in blind spots. To check your blind spot, look over your shoulder and out of your windows while changing lanes.
  • Be Ready for Emergencies on the Road: It's important for drivers to be ready for unexpected situations when driving, especially during long trips. They should be equipped to handle emergencies such as poor driving conditions or big rig breakdowns.
  • Use the Three-Second Rule: Truck drivers should try to maintain a three-second gap between their vehicle and the car in front of them. This means that the truck driver should reach a certain point on the road three seconds after the car in front of them has passed that same point.
  • Always Use Right and Left Turn Indicators: It's important for drivers to always use their turn signals when changing lanes or exiting highways, even if they don't see any other cars around. This is not only required by law, but it also reduces the chances of accidents occurring on the road.
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 Commercial Liability Insurance For Truckers Durham, NC

Find Ways to Prevent Distracted Driving

According to the Federal Motor Carrier Safety Administration (FMCSA), distracted driving is the primary reason behind truck driver accidents. Any activity that takes a driver's attention away from the road or the steering wheel is considered distracted driving. Distractions can come in various forms, such as eating while driving or gazing at a billboard outside the window. However, the most frequent form of distracted driving is the use of cellphones, specifically texting while driving.

Assuming you or your driver's rigs are equipped with dual-facing cameras, try reviewing footage of an unsafe driving incident. Coach your drivers on ways to correct their unsafe behaviors or look up ways to do so yourself if you're the one operating the big rig. The bottom line is that when your drivers aren't distracted, they drive safer. And when they drive safer, the cost of 18-wheeler insurance in cityname, state can be reduced.

phone Call Now
 Commercial Truck Insurance Quote Durham, NC

Ensuring the safety of your drivers begins with the safety of their vehicles. Trucks and tractor-trailers that do not receive regular maintenance, such as oil and brake pad changes, are more likely to experience breakdowns while on the road. Telematics devices provide real-time insight into engine and odometer data, including fault codes.

This information enables your mechanics to create comprehensive preventative maintenance schedules based on mileage, history of previous breakdowns, days, and more. Additionally, they can receive immediate notifications for critical fault codes. By implementing routine maintenance and proactive repair schedules, you can ensure that your vehicles are in top condition, minimizing the likelihood of breakdowns, which can help reduce the cost of trucker insurance.

 Low Priced Commercial Truck Insurance Durham, NC phone Call Now

This approach aims to mitigate the risk of fatal crashes and injuries by proactively identifying and responding to potentially dangerous situations and making informed decisions while driving. By adopting defensive driving techniques, drivers can reduce their likelihood of accidents, thereby minimizing the need for expensive repairs, claim payouts, and increased insurance premiums.

Some of the easiest ways for you or your drivers to practice safe driving include:

  • Be Wary of Blind Spots: Operating a reefer or tractor-trailer means driving high off of the ground, which can make visibility limited, especially in blind spots. To check your blind spot, look over your shoulder and out of your windows while changing lanes.
  • Be Ready for Emergencies on the Road: It's important for drivers to be ready for unexpected situations when driving, especially during long trips. They should be equipped to handle emergencies such as poor driving conditions or big rig breakdowns.
  • Use the Three-Second Rule: Truck drivers should try to maintain a three-second gap between their vehicle and the car in front of them. This means that the truck driver should reach a certain point on the road three seconds after the car in front of them has passed that same point.
  • Always Use Right and Left Turn Indicators: It's important for drivers to always use their turn signals when changing lanes or exiting highways, even if they don't see any other cars around. This is not only required by law, but it also reduces the chances of accidents occurring on the road.
Commercial Truck Insurance Durham, NC phone Call Now

According to the Federal Motor Carrier Safety Administration (FMCSA), distracted driving is the primary reason behind truck driver accidents. Any activity that takes a driver's attention away from the road or the steering wheel is considered distracted driving. Distractions can come in various forms, such as eating while driving or gazing at a billboard outside the window. However, the most frequent form of distracted driving is the use of cellphones, specifically texting while driving.

Assuming you or your driver's rigs are equipped with dual-facing cameras, try reviewing footage of an unsafe driving incident. Coach your drivers on ways to correct their unsafe behaviors or look up ways to do so yourself if you're the one operating the big rig. The bottom line is that when your drivers aren't distracted, they drive safer. And when they drive safer, the cost of 18-wheeler insurance in cityname, state can be reduced.

 Truck Insurance Durham, NC phone Call Now

check light FAQs About

Independence Insurance Agency

If you're looking for a commercial trucking insurance agency for your business, chances are you have some questions - and we've got answers. Keep reading to learn more about some of the most commonly asked questions we hear from truckers like you.

Why go with a "jack of all trades" when you can work with specialists who focus exclusively on transportation insurance? We have excellent relationships with major trucking insurance carriers and, as such, can provide the best assistance and reasonable rates.

Typically, companies will look at claims that date back three years or less.

We proudly work with more than 20 carriers to provide our clients with the most advantageous options at competitive prices, catering to the needs of owner-operators and big fleets alike.

Permit filings are typically done by insurance companies on the next business day. Federal (FMCSA) filings are completed online and updated immediately, while some states may take up to three weeks to process.

Independence Insurance Agency: Committed to the Trucking Industry

There's no question about it - you've got to protect your staff, your rig, and your trucking business with insurance. But choosing the right insurance partner isn't always easy. Thankfully, with Independence Insurance Agency by your side, you can rest easy knowing you're covered no matter where the road takes you. If you're in need of a commercial truck insurance agency in Durham, NC that caters to truckers like you, pick up the phone and contact one of our transportation specialists today. That way, you can get back on the road with confidence tomorrow.

 Trucking Insurance Durham, NC

Latest News in Durham, NC

‘Talking to a wall’: Duke changes merit scholarship timeline, current recipients express concerns

Duke’s timeline for selecting merit scholarship recipients is changing — and current scholars are frustrated.The Office of University Scholars and Fellows informed merit scholars in a January email that Duke would be moving to a “post-matriculation” model of selection. Under the new model, OUSF will notify merit scholarship finalists in May after the University has finalized enrollment for the Class of 2028.The new timeline means that admitted students in the Class of 2028 must commit to Duke before lear...

Duke’s timeline for selecting merit scholarship recipients is changing — and current scholars are frustrated.

The Office of University Scholars and Fellows informed merit scholars in a January email that Duke would be moving to a “post-matriculation” model of selection. Under the new model, OUSF will notify merit scholarship finalists in May after the University has finalized enrollment for the Class of 2028.

The new timeline means that admitted students in the Class of 2028 must commit to Duke before learning whether they have been awarded a merit scholarship.

“An updated selection process will enable us to keep up with changes in the admissions and financial aid landscapes, meet our enrollment goals and fully focus on supporting our current merit scholars,” wrote Mark Dudley, director of merit scholarship programs, in an email to The Chronicle.

“In the past few years, meeting our enrollment goals has proved challenging as our yield rates for Regular Decision admits have varied considerably and unpredictably,” he added.

The changes come as Duke faces increased scrutiny for its lack of socioeconomic diversity. In September, The New York Times Magazine published an article revealing that Duke enrolls fewer low-income students than other elite universities.

Current merit scholars fear that the new selection timeline will add to the problem.

“I think it's just shifting the whole selection process in the wrong direction,” said sophomore and University Scholar Sarah Gorbatov. “It’s preventing people from underserved communities [from choosing] Duke — which is normally a very expensive institution — over, say, their state school.”

Many of Duke’s merit scholarships, including the University Scholarship, are awarded partly on the basis of financial need.

OUSF does not believe the new selection timeline will affect whether low-income students commit to Duke, pointing to the University’s expanded financial aid programs.

“Initiatives like Duke meeting 100% of a family’s demonstrated need, our commitment to supporting incoming students from North and South Carolina, and expanded engagement with the QuestBridge program have broadened Duke’s need-based financial support offerings,” Dudley wrote.

In January, OUSF offered Q&A sessions for scholars to learn about the changes. But some attendees, including sophomore and University Scholar Nathan Maldonado, did not walk away satisfied.

“They said the decision to move forward with the post-matriculation model was made with the approval of Duke Endowment Office, the Office of Undergraduate Education, the Provost office [and in consultation with] staff, directors, peer institutions, national associations and recommendations,” Maldonado said. “Nowhere in that did I see that they contacted any scholar.”

“I can tell you right now that I would not be here if it weren't for the scholarship, if I had to wait to find out after the fact that Duke was ready to take a risk on me before I was,” he added.

Other scholars echoed Maldonado’s concerns.

“If this change was implemented maybe a year prior then I personally would not be at Duke,” sophomore and University Scholar Karen Dong said.

Since January, merit scholars and alumni have been attempting to reverse the changes through emails and letters to the administration.

“It's kind of like you're just talking to a wall,” Dong said. “The University has already made up their mind, and … nothing that we do is going to actually make them reconsider.”

OUSF argues that under the new model, the University will “be able to select merit scholars who embody the varied characteristics and experiences that comprise the Duke student body.”

“Our selection goals and process remain aligned with Duke’s unwavering commitment to identify and support an equitable student body of talented, high-achieving and deserving students,” Dudley wrote.

Another JDIG grant bites the dust as Durham company pulls out of agreement

The North Carolina Department of Commerce’s Economic Investment Committee (NCEIC) ended yet another Job Development Investment Grant (JDIG) on Tuesday after a Durham firm said it couldn’t create the 878 jobs promised under the agreement.BioAgilytix Labs, LLC, a life science testing company that was founded in Durham in 2008 and is headquartered there, was due to receive up to $18,885,000, spread over 12 years if they held up their end of the agreeme...

The North Carolina Department of Commerce’s Economic Investment Committee (NCEIC) ended yet another Job Development Investment Grant (JDIG) on Tuesday after a Durham firm said it couldn’t create the 878 jobs promised under the agreement.

BioAgilytix Labs, LLC, a life science testing company that was founded in Durham in 2008 and is headquartered there, was due to receive up to $18,885,000, spread over 12 years if they held up their end of the agreement that was announced in October 2020.

The company didn’t receive any money through the grant program.

The expansion was proposed to help the company meet increased demand from its customer base.

Reports say it is now having trouble hiring new employees due to a downturn in biotech funding over the last two years.

BioAgilytix Labs, LLC also has laboratory locations in the Cambridge area of Massachusetts and Hamburg, Germany. It specializes in large molecule bioanalysis and supports the development and release testing of biologics across several industries and disease states.

As part of the JDIG agreement, the company planned to invest $61.5 million in Durham.

Over the 12-year term of the grant, the project was estimated to grow the state’s economy by $2.8 billion, with state tax revenues to exceed $58.8 million.

The average salary of $96,477 would have brought a payroll impact of $84.7 million to the region each year. The average wage in Durham County in 2020 was $71,756.

BioAgilytix’s JDIG agreement could have moved as much as $6,295,000 into the state’s Industrial Development Fund – Utility Account for use by rural communities elsewhere in the state. The Utility Account helps finance necessary infrastructure upgrades in more economically challenged areas of the state to attract future business.

The latest announcement comes after state officials terminated three more incentive packages worth millions of dollars and 1,000 potential new jobs last month.

NCEIC officials cancelled packages for Clorox Services Company, Syneos Health, and Service Offsite Solutions because they couldn’t produce the jobs required to qualify for the Job Development Investment Grants (JDIG) that they were to receive.

The cancellations are the latest in a series of terminations by the state for the JDIG program, which doesn’t have a good track record when it comes to “promised job creation and investment targets.”

In January, Bandwidth, a Raleigh-based communications software company, had its JDIG agreement terminated by NCEIC for not following through on its required hiring goals as part of the agreement.

Bandwidth notified the department in early January. The company said the withdrawal would give it greater flexibility for workplace planning.

A growing number of recent agreement terminations have prompted calls to terminate the JDIG program.

No. 11 Duke Hosts No. 9 Virginia for ACC Play

DURHAM – No. 11 Duke steps back into ACC play this weekend hosting No. 9 Virginia at Jack Coombs Field. The series is scheduled for a Thursday to Saturday slate, with first pitch on Thursday set for 6 p.m.Parking is slated for the Grounds Lot and Science Drive Garage this weekend and fans are encouraged to purchase tickets online to avoid the lines.Duke baseball is giving away the first set of baseball cards on Friday against Virginia, as part of a four-set series. On Saturday, kids will be able to run t...

DURHAM – No. 11 Duke steps back into ACC play this weekend hosting No. 9 Virginia at Jack Coombs Field. The series is scheduled for a Thursday to Saturday slate, with first pitch on Thursday set for 6 p.m.

Parking is slated for the Grounds Lot and Science Drive Garage this weekend and fans are encouraged to purchase tickets online to avoid the lines.

Duke baseball is giving away the first set of baseball cards on Friday against Virginia, as part of a four-set series. On Saturday, kids will be able to run the bases following the conclusion of the game.

Duke in the Polls D1Baseball – 11 NCBWA – 13 USA Today Coaches Poll – 13 Baseball America – 11 Perfect Game – 11

THURSDAY (3/28) #11 Duke vs. #9 Virginia 6 p.m. (ET) – Jack Coombs Field VIDEO – ACCNX Duke – LHP – Jonathan Santucci Virginia – RHP – Cullen McKay

FRIDAY (3/29) #11 Duke vs. #9 Virginia 6 p.m. (ET) – Jack Coombs Field VIDEO – ACCNX Duke – RHP – Ryan Higgins Virginia – LHP – Evan Blanco

SATURDAY (3/30) #11 Duke vs. #9 Virginia 1 p.m. (ET) – Jack Coombs Field VIDEO – ACCNX Duke – TBA – TBA Virginia – TBA – TBA

QUICK HITS

For more information on Duke baseball, follow the Blue Devils on Twitter, Facebook and Instagram by searching for "DukeBASE".

Duke Centennial In 2024, Duke celebrates its Centennial, marking one hundred years since Trinity College became Duke University. Duke will use this historic milestone to deepen the understanding of its history, inspire pride and strengthen bonds and partnerships, and prepare for a second century of continued excellence and impactful leadership. To learn more, please visit 100.duke.edu

#GoDuke

Chico, Graham & Groff to Return for Fifth Season

DURHAM – Duke head coach Robbie Church and the Blue Devil women's soccer program are excited to announce the trio of Nicky Chico, ...

DURHAM – Duke head coach Robbie Church and the Blue Devil women's soccer program are excited to announce the trio of Nicky Chico, Maggie Graham and Katie Groff will return for a fifth and final season with the Blue Devils in 2024.

All three have an extra year of eligibility granted by the NCAA due to the COVID-19 pandemic.

"We're very, very fortunate to have these really outstanding young ladies returning to our program," said Church. "All three of them have done such a great job on the field, in the classroom and in the community representing our program over the years. To bring that type of experience back, character and drive to be leaders in our program -- it's just invaluable. The coaching staff enjoys being around them every single day. They bring positive attitudes and they work extremely hard in everything they do, both on and off the field. They're a big part of our program. So, we're very, very fortunate to have them come back and we look forward to them being a part of a team that we think has really made some huge strides in the spring season."

Tri-captains this past season, the Duke trio have combined to see action in 12,407 minutes, appeared in 203 matches, made 129 starts, scored 15 goals, notched 16 assists and posted 46 points over the last four seasons with the Blue Devils. Chico, Graham and Groff have helped Duke win 49 matches, advance to three NCAA Elite Eight appearances and helped the Blue Devil defense tally 40 shutouts during their careers.

Chico, who hails from Wyckoff, N.J., entered the starting lineup as a senior making 12 starts and appearing in 14 matches on the defensive end. She helped lead the Blue Devils to six shutouts, while tallying an assist in a league match at Boston College. Over her career, Chico has started 18-of-54 matches. She will be obtaining a Master of Management Studies at Duke Fuqua School of Business in 2024-25.

A three-year starter for the Blue Devils, Groff has seen action at both the midfield and defensive positions over her Duke career playing in over 5,200 minutes. She has started 61-of-70 matches and helped lead the Blue Devils to 40 clean sheets over that time. Groff, a native of Raleigh, N.C., has scored two goals in each of her last three seasons, while registering five assists for 17 points. She will be enrolled in the Duke Continuing Education Studies in the fall of 2024.

Graham has been a stalwart for Duke in the midfield since arriving on campus. She has started 50-of-70 matches and seen action in over 4,700 minutes. Graham, who is from Atlanta, Ga., is one of only 44 players in Blue Devil history to register at least one goal in each of her four seasons. She has totaled eight goals, 10 assists and 26 points, while netting three game-winning goals. Graham will be obtaining a Master of Public Policy at Duke in 2024.

To stay up to date with Blue Devils women's soccer, follow the team on Twitter, Instagram and Facebook by searching "DukeWSOC".

Duke Centennial In 2024, Duke celebrates its Centennial, marking one hundred years since Trinity College became Duke University. Duke will use this historic milestone to deepen the understanding of its history, inspire pride and strengthen bonds and partnerships, and prepare for a second century of continued excellence and impactful leadership. To learn more, please visit 100.duke.edu

#GoDuke

With uncommon quickness, Durham chipmaker Wolfspeed hits milestone at Siler City plant

Nine months after beginning construction near Siler City, the Durham semiconductor chipmaker Wolfspeed celebrated a milestone Tuesday at its future $5 billion plant in western Chatham County.U.S. Sen. Thom Tillis joined Wolfspeed executives for a “topping out” ceremony, a builder tradition symbolizing when the final structural beam is placed.Nicknamed “the JP” after the company’s late cofounder John Palmour, the factory is expected to eventually employ around 1,800 workers, roughly 150 of whom Wolf...

Nine months after beginning construction near Siler City, the Durham semiconductor chipmaker Wolfspeed celebrated a milestone Tuesday at its future $5 billion plant in western Chatham County.

U.S. Sen. Thom Tillis joined Wolfspeed executives for a “topping out” ceremony, a builder tradition symbolizing when the final structural beam is placed.

Nicknamed “the JP” after the company’s late cofounder John Palmour, the factory is expected to eventually employ around 1,800 workers, roughly 150 of whom Wolfspeed says it has already hired. The company expects to open the JP later this year.

Erecting a facility of this size (it covers more than 1 million square feet.) within a year was unusually quick, both the company and Tillis acknowledged.

“I asked them during the tour, ‘How was the permitting process?’ because this just doesn’t come up,” Tillis told The News & Observer in an interview after the event. “They were saying great things about state government and really facilitating the process.”

Whiting-Turner was the construction contractor on the project, and its CEO, Tim Regan, also noted the project’s unprecedented speed, telling the gathered audience he’d never witnessed this much work “done in such a short period of time.” While Wolfspeed’s Durham headquarters has been the site of two fatal accidents within the past two years, Regan praised the Chatham construction for being completed with “a laser focus on safety.”

Wolfspeed executives say demand for its patented silicon carbide has necessitated the fast construction, which started in June. Silicon carbide chips are unique alternatives to traditional silicon chips, a substitute Wolfspeed boasts provides more efficient performance when powering electric vehicles, telecommunication devices, and energy storage units among other appliances.

The company, which has evolved in recent years from lighting to chips, currently grows silicon carbide crystals at its Durham facility where it converts the material into blank wafers. Wolfspeed then either sells these wafers to other manufacturers or ships them to its fabrication facility in New York State’s Mohawk Valley.

Once complete, the Siler City site will expand Wolfspeed’s wafer production by a factor of 10, company officials say.

“This is going to be the lifeblood for all of our sites,” said Shawn Lilly, director of facilities at Wolfspeed’s headquarters near Research Triangle Park.

Silicon carbide crystals require extremely hot temperatures to form, around 2500 degrees Celsius, which the company points out is nearly half the temperature of the sun. Elif Balks, the chipmaker’s chief technology officer, said some furnaces are already in place at the Chatham plant.

On an investor call last month, Wolfspeed CEO Gregg Lowe said the Siler City factory will begin producing silicon carbide wafers in the first half of next year.

In September 2022, the N.C. Department of Commerce awarded the company a $76.1 million job development investment grant, or JDIG, to build a materials factory in Chatham County. To benefit from the full financial package, Wolfspeed must create at least 1,802 jobs over five years from 2026 to 2030. The minimum average wage will be $77,753, officials said. Wolfspeed also must retain the 3,023 positions it already had in the state.

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