Cabarrus benefits from economic development boom
EDC official shares what billion-dollar investments mean to our community
The Cabarrus Economic Development Corporation (EDC), led by Executive Director Page Castrodale, continues to make headlines in its efforts to strengthen the County’s economy and improve the quality of life for Cabarrus residents.
There are two ways this happens:
In the last year, the EDC has announced two, billion-dollar manufacturing investments: Red Bull/Rauch North America/Ball Corporation and Eli Lilly and Company. Both sites are expected to begin construction in 2022.
In the video below, Castrodale shares why large tax investments generate:
- More spending at small businesses
- Lower taxes for residents
- Job advancement opportunities for the area's workforce
Plus, learn how economic development projects get their code names!