The proposed Raleigh project involved a nearly 100,000-square-foot data center on a 14-acre site along Jones Sausage Road.
The first Shipley Do-Nuts in Raleigh is expected to open in 2027, but the exact location has not been announced.
FIFA President Gianni Infantino said Friday that the international soccer governing body would not be moving forward with a controversial proposal to sell stakes in future competitions to private investors. The move came after Europe's governing body for football said it would boycott the World Cup over the plan.
Demand is especially strong for workers involved in data center construction, where contractors report larger project backlogs.
The business was created by the same team behind Burt's Bees and is focused on producing products that help people step away from the stress of everyday life.
Officials say the move will spark a new wave of defense innovation and high-tech job growth in the Sandhills region.