Economic Development Success Despite COVID-19

Published Tuesday, May 11, 2021

 

Many businesses all over the world have seen the impacts of the COVID-19 pandemic.  Whether good or bad, every industry has been affected by COVID-19 in some way, this includes the economic development industry.  As with all industries, the pandemic has provided a wide variety of challenges for economic developers.

Gaston County was hit by COVID-19, as every county was, in 2020 and it continues today.  Site visits from international and local companies were haulted due to travel restrictions but that didn't stop economic development.  Physcial site visits turned into virtual site visits and despite the economic challenges we faced during the COVID-19 pandemic, Gaston County was successful in multiple new company announcements and local expansions.  

Below are announcements in Gaston County since COVID-19:

Rochling expanded by 75,000 square feet in the Gastonia Technology Park.

Dymax announced $21.5 million investment in new construction on Chief Court in the Gastonia Technology Park. Dymax plans to create 59 new jobs with an average wage of $59,814.

GNT purchased 49.24 acres in the Apple Creek Corporate Center and will be the first company to locate in the park. Initial investment of $30 million and plans to create 40 jobs.

Polykemi purchased Maistro Shell Building in the GTP.  The initial investment will be $11.8 million and Polykemi plans to create 22 new jobs.