CHARLOTTE, N.C. — Charlotte Pipe & Foundry is considering moving its metal pipe manufacturing operation out of the high-dollar area south of uptown to South Carolina or a rural county in the Charlotte region. The N.C. General Assembly is working on incentive legislation to help keep the estimated $325 million project in North Carolina.
Senate Bill 505 is aimed at offering incentives to an unnamed manufacturer with the goal of allowing the company to relocate to either Gaston, Stanly or Rowan counties, writes Colin Campbell of NC Insider.
Sources say Charlotte Pipe is also considering relocating the plant to York or Lancaster counties to qualify for incentives on more than 1,050 jobs that would be considered new jobs in South Carolina.
Brad Muller, vice president of marketing, says Charlotte Pipe would be open to a better use of the more than 20 acres on which the company makes all of its metal pipe products. But for now, the company is satisfied to remain in place.
“We are open to whatever is best for the business,” Muller told the Charlotte Business Journal.
Read more here.
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