DEHN Inc., a German electrical engineering and manufacturing company, has selected Iredell County as the location for its new United States headquarters operation, creating 195 jobs, the company announced at a news conference Tuesday. DEHN will invest $38.6 million into the project, which will bring production, research, and training capabilities to the headquarters site, which will be located in Mooresville.
“North Carolina’s global reputation as the best state for business continues to attract exceptional international companies like DEHN to places like Iredell County,” Cooper said. “The industries of the future know they will find talented workers and the worker training and support systems necessary for success when they select North Carolina as their next business location.”
DEHN, Inc. is the U.S. subsidiary of DEHN SE, a family-owned electrical engineering company based in Neumarkt, Germany. With its comprehensive product portfolio, DEHN addresses major trends in its industry, from e-mobility and renewables to the protection of critical infrastructure. The company offers solutions and services for lightning and surge protection as well as safety equipment. The company holds more than 1,100 patents, cementing its reputation as a leading innovator in the fields it covers. The company’s project in Mooresville will establish a U.S. headquarters and production facility to manufacture components for a wide range of products. The R&D unit will develop new products for the U.S. market and explore research collaborations with universities in the United States.
“We are very proud to take this strategically important step for our company,” Philipp Dehn, CEO of the DEHN group, said. “Being 114 years in business, we now start to leverage our full potential on the U.S. market. I want to thank all representatives of North Carolina Department of Commerce for the always trustworthy and highly professional cooperation since the start of this special project. We are extremely excited regarding the further development of DEHN Inc. within the United States, bringing our outstanding knowledge and experience regarding lightning and surge protection to our customers.”
The North Carolina Department of Commerce led the state’s support for the company during its site evaluation and decision-making process. On the local level, the Charlotte Regional Business Alliance assisted with site evaluation and recruitment efforts.
“Our organization is proud to be part of the team of economic development professionals across the state that led the recruitment efforts on this important economic development win for the region,” Gretchen Carson, director of business recruitment at the CLT Alliance, said.
Although wages will vary depending on the position, the average salary for the new positions will be $66,120, which is higher than the current average wage in Iredell County of $63,674.
DEHN’s project in North Carolina will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee on Tuesday. Over the course of the 12-year term of this grant, the project is estimated to grow the state’s economy by $523 million.
“North Carolina’s diverse and skilled talent continues to beat out the competition on the global stage,” Commerce Secretary Machelle Baker Sanders said. “We do not take for granted the importance of a strong, well-trained workforce – and expanding and strengthening our workforce to meet in-demand jobs, for today and in the future, remains our top priority.”
Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina General Assembly, the North Carolina Community College System, N.C. Commerce’s Division of Workforce Solutions, the University of North Carolina at Charlotte, Mitchell Community College, the Centralina Workforce Development Board, South Iredell Community Development Corporation, Iredell County, the Town of Mooresville, the Charlotte Regional Business Alliance, and the Iredell County Economic Development Corporation.
