May 13. ZND U.S. plans to invest an estimated $5.7 million after purchasing and renovating the former Iron World Manufacturing facility on James Farm Road in Statesville. The company plans to hire 43 full-time employees. “We are very excited to be launching in the US market. After years of careful planning, we can provide the […]
Nov. 15. Motorsports icon and NASCAR Hall of Famer Ray Evernham has acquired Mooresville-based JRi Shocks for an undisclosed amount. Evernham will be involved in all areas of the business, including marketing and sales strategy, new product design and operations. JRI founder, Jeff Ryan, will continue to play a key role in the organization as both […]
Sept. 11. Fortius Capital Partners has announced plans to build Meadows Corporate Park, a multi-tenant industrial development with 192,000 square feet of space in two buildings. The project, on I-85 near Poplar Tent Road, represents a $9.9 million investment. J. Harris Morrison III of Fortius Capital Partners says the 21.5-acre site targets industrial users requiring […]
Sept. 27. Roush Yates Engines is investing $3.5 million in its facilities in Lakeside Business Park and Talbert Pointe in Mooresville, creating 10 new jobs. This investment will be used to expand Roush Yates Engines three state-of-the-art facilities by investing in new equipment acquisitions and renovations, as they continue to be a global leader in race […]
May 12. Nu-Tec Systems plans to purchase an existing building in the Lakeside Business Park for a manufacturing and distribution operation that will create 15 full-time positions. The company’s investment is expected to be on the order of $3 million. The Gurnee, Ill.-based company manufactures private label arc welding and plasma cutting products for the […]
Dec. 3. MacLean Curtis breaks ground today on a 97,000 square foot plant on 24 acres in Mooresville Business Park East. The new plant, part of privately held MacLean-Fogg, will be worth on the order of $30 million, and employ as many as 150 people full-time. John O’Neill, general manager of the Curtis Screw plant in […]
Nov. 20. The Curtis Screw plant, a mainstay in the Cornelius manufacturing scene for decades, will build a 97,000 square foot plant on 24 acres in Mooresville Business Park East. The new plant will be worth on the order of $30 million, and employ as many as 150 people full-time. The Cornelius plant, which is 33 years old, employs […]