Mooresville/Statesville NC Back on Top for Business Growth
Statesville/Mooresville, North Carolina, regained its number one micropolitan community ranking in 2008 for new and expanding facilities by Site Selection magazine, the official publication of the Industrial Asset Management Council. These Iredell County communities have achieved the top ranking four out of the past five years. Statesville and Mooresville had an excellent year in 2008, with a total of 17 projects and total new capital investment of $ 377 million. "New capital investment and job creation is critical to the ongoing success of Iredell County," said Godfrey Williams, chairman of the Iredell County Commission. "Our past success is impressive and we can build off of this success to overcome what we are facing today as a result of the weak national economy." Statesville/Mooresville is a key employment center in the Charlotte Region for industrial, headquarters/back office and motorsports. The area has seen a tremendous population growth over the past several years providing companies with a solid workforce along with unmatched quality of life, outstanding educational system, and excellent highway accessibility and low operating costs. "We appreciate the recognition," said Bill Thunberg, Town of Mooresville Mayor. "Our area benefits from a strong partnership between the Town, County and the private sector as we seek to create job opportunities and investment. It is a great place to do business." Although all of the 17 projects are important, the following announcements were of significant amounts of investment leading to Iredell County's success. In Statesville: Providencia USA, 250,000 sq ft, $133 million invested; and Lowes Planogram training facility, 298,000 sq ft, $10.4 million invested. In Mooresville: motorsports-related announcements adding up to 319,000 sq ft, $34.5 million invested; Carolina Beer and Beverage, 300,000 sq ft, $11 million invested; and Lakefield Corporate Center, 250,000 sq ft, $15 million invested.
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