ARTICLE SOURCE: Triad Business Journal
For years, Davidson County leaders had marketed a massive assemblage of industrial land near I-85, with hopes of landing a large manufacturer that would create hundreds of jobs ...
Until now. Egger Wood Products, an Austrian wood-based materials supplier for the furniture industry, announced this summer that it chose what is now known as Davidson County’s I-85 Corporate Center as the home of its first U.S plant — a $700 million facility that will eventually employ 770 as part of a three-phase project.
The county expects Egger to help the corporate center attract many new tenants and create a multiplier effect in which suppliers and contractors congregate near the company and make investments in the park. The park could eventually span up to 1,100 acres, generate up to $2 billion in investment and host 9,000 jobs. The N.C. Railroad Co. is providing $3.5 million through its NCRR Invests initiative to provide freight rail service to I-85 Corporate Center, which was a key element in recruiting EGGER.
Work on the Egger project is expected to begin in early 2018, with Atlanta's Evans General Contractors managing the first phase that calls for two buildings totaling 60,000 square feet for training and maintenance operations. Additional phases call for several facilities that will house manufacturing and distribution operations. All told, Egger will take up 225 acres of land within the park. Phase one full production is anticipated by the second quarter of 2020.