Statesville Regional Development Recognized By Site Selection Magazine

 

Site Selection magazine has recognized Statesville Regional Development (SRD) with an honorable mention to its list of top local economic development groups in the U.S. for 2012. SRD joins economic development organizations from Cincinnati (OH), Dallas (TX), Dayton (OH), New Orleans (LA), Indianapolis (IN), Kansas City (MO), Mooresville-South Iredell (NC), Nashville (TN) and Chicago in receiving the honor.

Each year, Site Selection ranks local economic development groups based upon four objective categories: new jobs, new jobs per 10,000 residents, new investment amount and new investment per 10,000 residents. Then the organizations are scrutinized for more subjective attributes — among them innovation, leadership and customer service, with only the best of the best named to the Top Groups list.

“This year’s Best to Invest Top Groups in the U.S. all demonstrated a resiliency to bounce back from previous economic setbacks,” says Ron Starner, general manager and executive vice president of Conway Data Inc. and Site Selection magazine, who authored the Top Groups report. “In addition, they continued a long track record of supporting innovation and entrepreneurship in their communities. These organizations did not get ahead by following the herd.”

In 2012, SRD - along with Iredell County microplitan counterpart Mooresville-South Iredell Economic Development Corporation - beat out all others by registering 20 corporate facility expansions. In addition to these projects, SRD was recognized for its innovative business and economic development practices, including; partnership with Mitchell Community College in business retention and corporate training, accessibility of data on its website, targeted Internet marketing, leadership in state and regional economic development organizations, and involvement in community development efforts.

 

Providencia USA Inaugurates New Production Line at Statesville Facility

 

Providencia USA CEO Hermínio Freitas welcomed Statesville Business and Civic Leaders on March 26, 2013 to inaugurate a new production line, the 13th for Providencia worldwide. The ceremony marked the completion of the Brazil-based company's $60 million expansion project at its West Industrial Park facility in Statesville. The project, which was announced in January of 2011, included the construction of a 90,000 square foot plant expansion and the addition of $50 million in new capital equipment; doubling the size and production capacity of the facility. The construction was done by Statesville-based G.L. Wilson Building Company. The expansion will increase employment at the nonwovens facility from its previous level of 55 to 83.

 

 

Statesville Region Tops Site Selection Micropolitan Rankings

STATESVILLE, NC, MARCH 4, 2013: For the ninth time in the past eleven years, Statesville-Mooresville has topped Site Selection magazine's Micropolitan ranking for new and expanding industry. Among the nation's 576 micropolitan areas - defined as cities of 10,000 to 50,000 people which cover at least one county - Statesville-Mooresville finished first with 20 qualifying projects in 2012, one better than second-place Findlay, Ohio. To qualify, a new or expanding industry project must meet one of three criteria; capital investment of at least $1 million, creation of 50 or more new jobs, or new construction of at least 20,000 square feet.

Statesville Regional Development Chairman Dr. Steve Binder noted, “When you win an award once, it's an honor; when you win it twice, it's an accomplishment; but I don't even know what to call it when you win an award nine out of eleven years. We sometimes use the term 'consistent performer' in our marketing, but I'm not sure even that communicates the full extent. Of the hundreds of communities our size out there, we've been head and shoulders above the rest now for most of the last decade. That's an amazing thing for the region and should be an enormous source of pride for every business, every citizen."

Site Selection magazine, published by Conway Data Inc. since 1954, delivers expansion planning information to 45,000 executives of fast-growing firms. Conway Data is an international publishing, association management and events company headquartered in Atlanta.