Project Radial

County of Stanly
Program Area:
Economic Catalyst
County of Applicant:

The purpose of this grant is to assist Michelin Aircraft Tires with purchasing equipment to expand its operations in two separate locations within the County. Michelin plans to add a new product line which will aid in retaining its current 316 workers and will result in the addition of 74 new jobs averaging $42,703 in annual wages. The company will expand into a currently vacant building in New London to be used for warehousing and convert an existing warehouse in Norwood into a manufacturing operation for a new line. Other sites being considered for this project are Spartanburg, South Carolina and Mexico.

Mr. Andrew M. Lucas 1000 North First Street Suite 10 Albemarle, North Carolina 28001 (704) 986-3686
Areas Served:

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