Special to Iredell Free News
ZND U.S. Inc. has acquired the former Iron World Manufacturing building, located at 214 James Farm Road in Statesville, for use as a manufacturing plant.
The company plans to invest an estimated $5.7 million to renovate the property and install equipment to support their manufacturing operations. The company plans to hire 43 full-time employees for the plant.
“We are very excited to be launching in the U.S. market. After years of careful planning, we can provide the U.S. 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 U.S. Inc. 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.
“The City of Statesville, Iredell County, and state of North Carolina have all been extremely helpful and accommodating throughout the process. We were pleasantly surprised with the assistance provided by local government agencies to facilitate the launch of ZNDUS. We are looking forward to being a responsible corporate citizen and creating jobs in a great community,” said James Murphy, president of ZND U.S.
ZND U.S. worked with Beth Miller at 13th Floor Commercial Advisors for brokerage services and MAXIS Advisors for site selection expertise.
Iredell County and the City of Statesville approved $198,000 in economic development incentives in accordance with their respective policies based on an investment of $5.7 million and the creation of new jobs.
The N.C. Department of Commerce awarded 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. purchased.
“The City of Statesville welcomes ZND U.S. Inc., to the community. Their significant investment in an existing facility is an additional boost for us,” ,” Mayor Costi Kutteh said. “Statesville looks forwarding to welcoming our newest corporate citizen and establishing a meaningful, long-term relationship.”
ZND U.S. Inc., has 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.
Partners involved in the project include: City of Statesville, Costello Real Estate and Investment, Economic Partnership of North Carolina, Iredell County, Iredell County Economic Development Corporation, Mitchell Community College, Maxis Advisors, North Carolina Community College System, and North Carolina Department of Commerce.
About Iredell County Economic Development Corporation
Iredell County Economic Development Corporation is a private, non-profit corporation dedicated to economic prosperity in the County. ICEDC strives to increase the non-residential tax base by encouraging the creation of jobs and investment through industrial and commercial recruitment, expansion, and redevelopment. For more information visit, www.Iredelledc.com