Hickory Project Enzyme Water Line Extension Project

Organization:

City of Hickory

Amount:

$240,000.00

Program Area:

Economic Catalyst Program

County of Applicant:

Catawba

Year:

2020

Description:

The grant provides funding to the City of Hickory for Project Enzyme, which is Cataler North America Corporation, a leading producer of automotive catalysts. The company has outgrown its manufacturing plant in Lincoln County, NC, and is expanding to a new facility to add to its existing capacity. It has identified a site in the Trivium Corporate Center, a new business park being developed by the City of Hickory and Catawba County. The city and county have purchased or control 270 acres and are currently constructing park infrastructure. The site on which Cataler will locate requires a water line extension of approximately 1,300 linear feet. The line will serve at least two other industrial sites in the park. A private developer is currently considering constructing a 100,000-square-foot spec building on one of those two sites. Cataler plans to create 151 jobs and invest $37 million in machinery and equipment over the next five years, and $13 million in construction of the new facility. Salaries for the positions will average $47,301, compared to the Catawba County average of $42,068. Cataler had considered locating this new plant in South Carolina.

Contact:

Ms. Sherry LongPO Box 39876 North Center StreetHickory, North Carolina 28603(828) 485-4251

Areas Served:

Catawba

Any project more than a couple of years old may not reflect current Board priorities.
Please contact a staff member with any questions.