IFN Staff
The Iredell County Board of Commissioners has approved a $235,468 economic incentive for Keselowski Advanced Manufacturing, which is planning to make a $23 million investment in new equipment.
Jenn Bosser, president and CEO of the Iredell County Economic Development Corporation, requested the incentives during Tuesday’s Board of Commissioners meeting.
Keselowski Advanced Manufacturing is planning to purchase the new equipment to support its work in the military, aerospace and energy sectors, Bosser said.
The company, which is located at the Statesville Regional Airport, will receive the economic incentive in the form of a property tax refund over five years if it meets the criteria outlined in the agreement with the county. In addition to the investment in new equipment, the company plans to add up to 20 new positions.
Commissioners applaud improvements to Jennings Park
Commissioners expressed their enthusiasm for the new and improved Jennings Park, and thanked previous board members, residents and taxpayers for supporting the project.
The park, which includes multi-purpose playing fields, ballfields, a walking trail and inclusive playground, has drawn rave reviews from residents since its grand re-opening last month. Pickle ball courts and the playground are set to open by the end of next week.
“Iredell County hit a home run,” Commissioner Brad Stroud said.
Due to the crowds the facility has drawn, County Manager Beth Milton said the county would begin work on an overflow parking area.
OTHER BUSINESS
In other business:
♦ Commissioners unanimously approved two requests by property owner Chris Cartner to rezone 4.23 acres along White Fox Trail and 8.86 acres at the corner of White Fox Trail and Old Mocksville Road. Both parcels were rezoned from single-family residential to general business.
♦ The board approved a request from Emergency Communications to proclaim April 13-19 as Public Safety Telecommunicators Week and establish April as “National 9-1-1 Education Month.”
♦ Commissioners approved a budget amendment authorizing the expense of $19,137 to pay for the treatment of algae in Lake Norman. The Lake Norman Marine Commission has asked the county to contribute $24,137 each year for four years. The Town of Mooresville has pledged $5,000 for the work, which reduced the amount of the county’s contribution.
♦ The board approved the Iredell County Public Library Strategic Plan for 2026-2030.
♦ Commissioners approved a request from the Library staff to proclaim April 6-12 as National Library Week.
♦ The approved a lease agreement for the Solid Waste Convenience Center Site at 901 West Memorial Highway in Harmony. The county will pay $4,376 to lease the site in the upcoming fiscal year. Plans for a new convenience site on property the county purchased off Chief Thomas Road are still in the development stage.