Tag Archives | Economic Development

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Statesville Council talks Victory Air lease, Vance Hotel redevelopment

PRESS RELEASE City Council had two lengthy discussions Monday night – one concerning the approval of a 25-year ground lease with Statesville Airport tenant Victory Air. Questions about the grading for the project and the lease amount resulted in Council asking staff to come back with more information about the project. Council also asked for […]

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2017-07-07Kutteh

Statesville announces plans to move-forward with Larkin development

Joined by state and national leaders, Statesville officials today announced plans to move forward with the Larkin Development off I-77 at exit 45. (AUDIO: Please watch the report above to hear this quote). Statesville City Councilman Mike Johnson. Hopes for the more than 1,000 acre site include five-million square feet of industrial development and 750,000 […]

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Leadership Lake Norman XX at the overnight retreat held last fall at Camp Bethelwoods - Photo courtesy Lake Norman Chamber of Commerce

LKN Chamber announces details for 21st year of Leadership Lake Norman

PRESS RELEASE Cornelius, NC June 29, 2017 – The Lake Norman Chamber of Commerce is accepting applications for the 2017 – 2018 session of Leadership Lake Norman. Applications have been made available to Chamber members but the program is also open to non-members wishing to expand their knowledge of the Lake Norman region. Leadership Lake […]

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Mooresville approves Costco rezoning

Mooresville is one step closer to a new Costco and Academy Sports. Town Commissioners approved the rezoning of property at the corner of Brawley School Road and Talbert Road in a 5-0 vote, according to an e-mail from spokeswoman Kim Sellers. Twenty-five spoke during the public hearing, fourteen were in favor of the project. Last […]

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Speculative manufacturing and distribution facility under construction in Troutman

PRESS RELEASE Troutman, NC: The Town of Troutman is pleased to announce a new 301,000-square foot speculative manufacturing and distribution facility that will be constructed on Old Murdock Road. “The Town of Troutman is excited to see dirt moving on Old Murdock Road,” said Mayor Terros Young. “This class A manufacturing and distribution speculative facility […]

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Picture courtesy of Iredell-Statesville Schools

West Iredell High School holds career fair

PRESS RELEASE Speaking to a gymnasium filled with high school seniors, Sam Mishler, Plant Director of Niagara Bottling in Mooresville shocked the crowd around his table with this fact…”We are the largest private label bottler in the United States”, he said. “Last year we bottled 1.6 billion bottles of water at our Mooresville location.” These […]

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Statesville Regional Development releases annual report

Statesville Regional Development has released its annual report, outlining economic activities of 2016. Under business and industrial, the report shows $7 million of investment between Car-Mel Products and Technogym.  The two created a total of 130 new jobs.  Nearly $50 million was invested in expansions by McCombs Steel, CR Onsrud and Amesbury Truth.  The Amesbury […]

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Tax breaks approved for expanding Statesville business

A presently unnamed company has been approved for additional economic development incentives from the City of Statesville. According to e-mails from spokeswoman Nancy Davis, the existing business can now receive another two years of tax breaks beyond five years already approved. This comes following a vote by the City Council and will discount the property […]

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Statesville Technical Review Committee to review plans for business additions

A busy slate for Statesville’s Technical Review Committee when it meets Wednesday. On the agenda are additions for the Turnersburg Highway United Federal Credit Union and the North Pointe Boulevard Aldi. The board will also discuss a site plan for the new Iredell County public safety building on Bristol Road. That meeting set for 9:00 […]

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$1.7 million economic development incentive approved in Iredell

A currently un-named company can receive an economic development incentive of up to $1.7 million dollars following a vote by Iredell County Commissioners this week. That’s contingent on an investment of $66 million over the next seven years and the creation of twenty-seven new jobs. This according to Board Clerk Retha Gaither who says the […]

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