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A tiny town just got slammed by Helene. It could massively disrupt the tech industry (Spruce Pine,NC)
PBS ^ | 10/01/24

Posted on 10/02/2024 7:53:00 AM PDT by Brian Mosely

A tiny town in North Carolina that’s just been devastated by hurricane Helene could end up severely disrupting the global supply chain for microchips and solar panels.

Nestled in the Appalachian mountains, the community of Spruce Pine, population 2,194, is known for its hiking, local artists and as America’s sole source of high-purity quartz. Helene dumped more than 2 feet of rain on the town, destroying roads, shops and cutting power and water.

But its reach will likely be felt far beyond the small community.

(Excerpt) Read more at npr.org ...


TOPICS: Business/Economy; News/Current Events; Technical; US: North Carolina
KEYWORDS: disaster; hurricane; hurricanehelene; microchips; quartz; solarpanels; sprucepine
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To: TexasGator

I read the article.

1. The article is from NPR, so it is likely heavily politically oriented, and therefore of suspect veracity.

2. The semiconductor ETFs are up almost 2% today as of this writing. They can’t be hurting too badly, including any critical supply chains.


21 posted on 10/02/2024 12:31:39 PM PDT by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: EnderWiggin1970

Could you imagine that with ‘anti-gouging’ laws in effect?


22 posted on 10/02/2024 1:45:23 PM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: TexasGator

100% correct. The media will only talk about Asheville because it is a progressive colony.


23 posted on 10/02/2024 6:06:47 PM PDT by comps4spice (Show me the incentives and I'll show you the outcomes --Charlie Munger)
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To: Eccl 10:2; TexasGator

The quartz is made into crucibles. I remember reading about this and Sibelco in some article on critical materials.


24 posted on 10/02/2024 6:26:58 PM PDT by Pelham (President Eisenhower. Operation Wetback 1953-54)
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