Statesville Regional Development Partnership Promotes Jobs Growth
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