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million to move to Cabarrus Countytfrom Charlotte, with the new locationj slated to open in June. plans to add about 15 boosting its work force to 50 as it relocatee to the former Cardinal Freight facility on N.C. Highway 73 at Interstater 85, shifting from a leased site at 8621Statesville Ave. the company has 6 acrees under contract in south Charlotte for a second area saysRussell Laing, vice president. He declines to discloss the location. That facility, slated to open in next year'ss first quarter, will include a 30,000-square-foot showroom and have 20 he says.
At the former Cardinal Freight site, Cooperd Kenworth will demolish part ofthe 25,000-square-fooyt terminal building and expand it to as large as 45,000 square feet, Lain g says. Lester Osborn of Piedmont Properties/CORFAC Internationall represented both sides inCoopedr Kenworth's deal for the Cabarrus The seller was BLW Inc., an investor from Hiltonh Head Island, S.C. Durham-based Cooper Kenworth has eigh t dealerships inNorth Carolina, as well as truck leasing operationd in Tarboro; Bishopville, and Memphis, Tenn. , one of Shelby's largest employers, will spend $20 million to rebuiled one of itslocal plant's furnaces to make the operationm more cost-competitive.
With the upgrade, the 900-employee fiberglass-production plant on Washburn Switcg Road will make material usedin wind-energy turbine blades, roofing shingles and auto "Our investment in Shelb y demonstrates PPG's commitment to our U.S. manufacturing operationw and the global fiberglass saysVictoria Holt, senior vice president of the Pittsburgh-based In January, the plant's future was cast into doubgt when Charles Bunch, PPG chief executive, told Time magazinr the company could closw its Shelby and Lexington facilities.
Local PPG officials say the pendinf $20 million investment ensures the Shelby plant will remain in PPG also hasa 100-employee fiberglass plant on Lancaster Highway in Chester. Lowe's Motor Speedway has hirec to buildan 8,700-square-foot officed addition at the Speedway Club and Smithj Tower. The addition, perchedd 110 feet above the track, will help reducer a space crunch forspeedway employees. Cost of the construction, schedulesd for completion in November, has not been AI Design Group isproject architect.
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