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Srd Info Sheet

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Published in: Business, Economy & Finance

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  • 1. • Statesville Regional Development • Public-Private Partnership • Iredell County, City of Statesville, Town of Troutman, Private-Sector Investors • Opportunity 2015 Initiative • $900,000 pledged over 5 years to market and develop Statesville region • 2,000 new primary jobs • $150 million new investment • 501c3 Nonprofit Organization • 3-Person Staff• Promote industrial and commercial development in the region• Provide services and assistance to help locate, maintain and expand new and ex- isting businesses and industries• Focused on industrial manufacturing and transportation/distribution sectors• Limited involvement with start-ups and entrepreneurial ventures• Very limited or no direct involvement in retail, travel & tourism, health care and sports sectors• Looking for projects that: • Invest significant capital • Create good jobs (at or above county average, benefits) • Offer a long-term benefit to the community• Typically have 20-30 projects in the pipeline• Product Development • Shell Building/Statesville Business Park • Statesville Airport • Barium Springs Technology Park • Troutman/Murdock Industrial Park • Data Center Sites• Recent Success Stories • Providencia USA • $130 million investment • 85 Jobs
  • 2. • Kewaunee Scientific • $13 million • 100 Jobs • Engineered Sintered Components • $10 million • 35 jobs • J CPenney Expansion • 225 New Jobs• Incentive Policies • Powerful "closing" tool • Market-driven - Relatively Conservative • Do not "pick winners and losers;" identify successful companies and support their efforts • Will be even more important as competition for jobs and investment heats up• BRE Activities • Industrial outreach • 200+ visits per year • Partner referrals • Expansion assistance • Retention "intervention" • Corporate training • Community-building• Site Selection magazine #2 Micropolitan for new and expanding industry in 2010; #1 or #2 seven consecutive years• West Industrial Park named to list of Best Rail Sites in North Carolina