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 US market with our world class line of fencing products and we are thankful to all partners involved to ensure our success,” said Wil van Beek, CEO of ZND Group.
ZND is a global temporary fence supplier and manufacturer that offers barricades, pedestrian barriers and wire production. ZND Group was established in 1965 in Holland and currently has operations in Holland, UK, Germany, France, and Poland.
Statesville will be the company’s sixth location across the globe.
ZND U.S. worked with Beth Miller at 13th Floor Commercial Advisors for brokerage services and MAXIS Advisors for site selection expertise. MAXIS Advisors offers comprehensive analysis for businesses looking to relocate or expand their operations. “We did an in-depth cost, labor, and location analysis on several locations identified by Beth Miller, and Statesville became the right choice for ZND U.S.”, said Dianne Jones, Director of Client Services at MAXIS Advisors.
Iredell County and the City of Statesville approved grants totaling up to $198,000 economic development incentives in accordance with their respective policies based on an investment of $5.7 million and the creation of new jobs.
The North Carolina Department of Commerce awarded ZND a $200,000 grant from the N.C. Rural Infrastructure Authority (RIA) in support of the reuse of the existing 72,210 -square-foot building that ZND U.S. has purchased.
ZND U.S. Inc., has also been awarded a customized training grant through North Carolina Community College System and Mitchell Community College to support training of new hires by the company.
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