Riverstone Industrial Park Access Road

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Organization:

County of Stanly

Amount:

200000

Program Area:

Open Grants Program

County of Applicant:

Stanly

Year:

10/07/2021

Description:

This award provides funding to Stanly County to extend and improve the access road off Brown’s Hill Road into Riverstone Industrial Park, Stanly County’s only county-owned park. The new road, which will be built to DOT standards, will provide access to a tract in the park on which American Racing Headers will locate a new facility. American Racing Headers will create 63 new jobs paying an average annual wage of $52,552 compared to the county average of $35,420, and make a capital investment of $4.375 million. The road extension will also improve access to other parcels within the park.

Contact:

Mrs. Candice Lowder
201 South Second Street
Albemarle, 
North Carolina 
28001 
(704) 986-3683