Launch of New Business Ventures in Covington Strengthens Local Economy
- NCIDA
- Jun 27
- 1 min read
Updated: Oct 30
Launch of New Business Ventures in Covington Brings Jobs and Choices for Residents
Launch of New Business Ventures in Covington
Covington is welcoming an exciting wave of new businesses—ranging from eateries and tire centers to homebuilders and semiconductor innovators—fueling economic growth and enriching services available to Newton County residents.
A Taste of Tex‑Mex and Essential Services
A new Bullritos Tex‑Mex restaurant is set to open in the Verizon shopping center on Industrial Boulevard, marking its first location outside Texas and expanding dining options in Covington. Meanwhile, plans are in motion for a Kauffman Tire shop next to Wendy’s on U.S. 278 and a RaceWay convenience store expansion at the same highway—both promising convenient access to automotive services.
National Retail Brands Enter the Market
McDonald’s has submitted architectural plans for a new location at the intersection of Industrial Boulevard and Highway 142, while Walmart is preparing construction for its new Salem Road store—illustrating growing retailer interest in Covington’s consumer base.
Commercial and Residential Growth
United Bank recently relocated to the 16,684 sq ft former McIntosh Commercial Bank building on U.S. 278, signaling confidence in Covington’s financial corridor . Additionally, Century Complete has launched the new “Ridge at Twin Rivers” community—nearly 100 single‑family homes priced from the low $300 Ks—offering modern housing options just east of the historic downtown.
High‑Tech Investment Reaffirms Long‑Term Momentum
Building on its economic momentum, Covington continues to draw advanced industry investment. Notably, Ascend Elements debuted its national EV battery recycling facility in March, positioning the city as a player in the sustainable mobility supply chain.
Comments