Mooresville commissioners approve economic incentive for manufacturer planning $16.35 million investment

Posted on by Mike Fuhrman

FROM STAFF REPORTS

The Mooresville Town Board of Commissioners on Monday approved an economic development incentive for MacLean-Fogg Co. and MacLean Curtis, which is planning a $16.35 million expansion of its facility in Mooresville Business Park East.

The company, which has 135 employees, plans to invest in new machinery and equipment used to manufacture components for electric vehicles and add 14 to 28 employees with an average annual salary of $63,674 or higher. 

Jenn Bosser, president and CEO of the Iredell County Economic Development Corp., presented the economic development incentive proposal at Monday’s board meeting.

The manufacturer was the first tenant in Mooresville Business Park East. Its current footprint measures 96,000 square feet.

Commissioners approved the request unanimously. MacLean-Fogg Co. and MacLean Curtis will receive $161,897 in economic incentives over five years.

OTHER BUSINESS:

In other business, the board

♦ Recognized Parks & Recreation Supervisor Lynn Hegedus for her efforts to incorporate inclusive programs into the department’s offerings. Hegedus, who oversees the town’s Special Olympics programs, was recently honored by the N.C. Recreation & Park Association as Inclusion Practitioner of the Year.

♦ Approved a Resolution awarding the design contract for Langtree Road Corridor Improvements to American Engineering Associates-SE for an amount not to exceed $1,174,675.44 and approve the corresponding budget amendments. This scope of this contract for preliminary design (75%) for Langtree Road Corridor from Pin Oak Lane to Mt. Mourne Loop based on the recommendations from the feasibility study that was completed in 2022. This is task one of the design process with future requests for funding through final design.

♦ Approved a request from Public Services to adopt a Resolution to approve a grant contract with NC Office of State Budget and Management. The total amount of the grant is $5,000,000 and the scope of services for use of the Grant is to address funding gaps with the East West Connector Phase 1 construction.

♦ Approved a request from the Public Utilities Department to approve a Resolution authorizing payment in the amount of $249,265.00 to Bell Construction Company, Inc. for emergency work completed on a failed sewer forcemain at the intersection of W Lowrance Avenue and Golf Course Drive. This work was completed on an emergency basis, without time for preparation of a contract with drawings, specifications, etc.

♦ Approved a request from the Public Services Department to adopt a Resolution awarding a professional services contract for Downtown Transportation Improvements to RS&H Architects-Engineers Planners Inc. for an amount not to exceed $566,465.00. This project involves design of existing traffic signal modifications, new traffic signals, including roadway work, utility coordination, and signal timing.