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Date |
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7/3/2003 |
Economic Development |
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Mayflower Vehicle Systems Announces Expansion |
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Mayflower Vehicle Systems Announces Expansion
Company To Invest Nearly $900,000 and Create 15 New Jobs
(Kings Mountain, NC) -- The Cleveland County Chamber, the Cleveland County Economic Development Council, and Mayflower Vehicle Systems is pleased to announce a company expansion that would provide an anticipated total new investment of $882,000 over the next three years.
According to Dale McKillop, plant manager at Mayflower Vehicle Systems, the new development will also bring the creation of at least 15 full-time permanent positions at the Kings Mountain plant. "We are thrilled to be able to contribute something positive to the community," said McKillop. "Mayflower is committed to Cleveland County and we anticipate continued success with the coming expansion."
“Mayflower is an excellent corporate citizen," said Rick Murphrey, Mayor of Kings Mountain. "We congratulate them on the expansion and thank them for their business here at the city. We also wish them much more success in the future."
The company hopes to be able to take advantage of industrial incentive grants provided by the Cleveland County Commissioners to existing businesses and industries for expansion projects. According to Tim Waters, Vice President of Existing Industry for the Chamber, the company qualifies for approximately $10,000 in county grant money over the next five years. "Property tax revenues received from this project will amount to more than $20,000 over five tax years," said Waters. "Incentives offered under the Cleveland County Industrial Grant Program were created to encourage area industries to invest in the local economy. Here at the Chamber, we believe it is crucial to reward area companies who choose to support Cleveland County. We highly recommend that companies who are considering expansion or relocation contact us. We are here to help them."
The Economic Development Council of the Cleveland County Chamber recently endorsed the existing industry incentive grant application submitted by Mayflower Vehicle Systems for their planned expansion. Dr. Gene Washburn, chairman of the Economic Development Council, said the total value to the community will far outweigh the grant monies provided to the company by the county. "The new jobs alone will benefit the community with nearly a half-million dollars in additional annual payroll," Washburn said. "Those are dollars that will positively affect hundreds of businesses throughout the county and will ultimately come back to the county through sales tax revenue."
County Commissioners will conduct a public hearing on July 15 at 6 p.m. to solicit comments regarding the industrial incentive grants being proposed for this economic development project. The Cleveland County Chamber encourages all local business owners and area citizens to voice support for the disbursement of the incentive grants for this project.
Mayflower Vehicle Systems is located at 629 South Battleground Avenue in Kings Mountain. MVS USA is a full-service designer and manufacturer specializing in low/medium volume vehicles, steel and aluminum stampings and assemblies, and truck cabs. Operating from five locations across America (including Kings Mountain) MVS USA is one of the most comprehensive suppliers of body stampings and assemblies in the USA.
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