Investor News May 13, 2020

ZND U.S. Inc., Opens Manufacturing Operation in Statesville

Statesville, NC – ZND U.S. Inc., selects Statesville, NC for new US manufacturing operation.  The company acquired the former Iron World Manufacturing building, located at 214 James Farm Road, Statesville, NC.  The company plans to invest an estimated $5.7 million dollars through renovations of the property and installing equipment to support their manufacturing operations.  The company plans to hire 43 full-time employees.

“We are very excited to be launching in the US market. After years of careful planning, we can provide the US 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, 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, NC 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, 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.  MAXIS Advisors offers comprehensive analysis for businesses looking to relocate or expand their operations.  “We did an in-depth cost, labor, and location analysis on several locations identified by Beth Miller, and Statesville became the right choice for ZND U.S.”, said Dianne Jones, Director of Client Services at MAXIS Advisors.

Iredell County and the City of Statesville approved grants totaling up to $198,000 economic development incentives in accordance with their respective policies based on an investment of $5.7 million dollars and the creation of new jobs. 

The North Carolina Department of Commerce has 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. has 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. Statesville looks forwarding to welcoming our newest corporate citizen and establishing a meaningful, long-term relationship,” said Mayor Costi Kutteh. 

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.   


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