Two International Companies Expanding in Lake Norman Area

patch.comCORNELIUS, NC — Two international companies are building facilities in the Lake Norman region, bringing 146 new jobs to the area, according to the Charlotte Chamber.

Yokohama Tire Corporation, which is a subsidiary of Yokohama Rubber Co. based in Tokyo, has announced plans to build a research and design facility in Cornelius. According to the Chamber, it will generate nearly $6 million in investment in Mecklenburg County and will create 56 new jobs.

The company produces premium tires for high-performance, light truck, passenger car, commercial truck and bus, and off-the-road mining and construction vehicles.

“Cornelius is a great fit for our company,” said Tetsuya Kuze, vice president of Yokohama Corporation of North Carolina. “The proximity to the airport and the skilled workforce is going to make this facility very successful.”

German-based KURZ, which is a coating technology manufacturer, also announced plans to build its North American headquarters in Huntersville on Patterson Road, which will lead to 90 new jobs in the area by 2022, the Chamber said Tuesday.

Kurz, which makes decorative and functional coatings for products ranging from cell phones to washing machines to textiles, is expected to invest more than $18 million in the new facility. The company employs more than 5,000 workers at 14 production sites around the world.

“Businesses expect a certain amount of basic infrastructure to be in place before they will even consider a site,” said Thomas Hertlein, CEO of KURZ USA, “but after visiting Huntersville and meeting with neighboring companies, we knew this would be a great place for our North American headquarters. I would like to thank the Town of Huntersville, Mecklenburg County and the state of North Carolina for all their assistance in this process.”

Bob Morgan, who is CEO and president of the Charlotte Chamber, called the expansion news a win for the region. “The new facility will offer high paying positions to a skilled manufacturing workforce while also sending the message to other international firms that this is the place to do business,” Morgan said.

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