NGK Ceramics plans to spend $17 million to build a worldwide distribution center at its facility in Mooresville.
NGK said it will acquire 42 acres in Mooresville Business Park East for a 293,000 square-foot facility that will house finished goods and raw materials. It will also act as an international distribution center for raw materials.
Steve Dailey, NGK Ceramics U.S. facility president, said constructing the new warehouse would cut back on outsourcing across state lines.
“We’re right now in excess of over 200,000 square-feet of warehousing in Iredell County,” said Dailey. “We also have our finished goods going out to warehouses in Tulsa, Oklahoma; Camden, New Jersey; and Savannah, Georgia.
“This project is to pull all of that back to the Mooresville area … (and) hopefully improve our customer service and the quality that we offer to our customers by having it local where we can manage it directly ourselves.”
The facility is projected to be completed by the end of 2019. It will be the 16th expansion for NGK Ceramics.
The Mooresville Town Board of Commissioners on Monday approved giving NGK $391,000 in tax incentives incentive to move forward with the expansion. The Iredell County Board of Commissioners is scheduled to consider a separate $333,500 incentive Tuesday.
NGK Ceramics employs more than 800 people at its current site off Mazeppa Road in Mooresville. The new facility would create 10 additional logistics and warehouse positions. The company specializes in making the “honeycomb” component in catalytic converters.
Mooresville commissioners on Monday also:
» Rezoned the Parkmont Subdivision from Iredell County residential agricultural to Mooresville single-family residential.
» Defined how mobile food vendors, or “food trucks,” can operate in public spaces.