Home News California’s Abstract Ice Inc. Unveils $14.7M Expansion with New Production Facility in Forest City, NC

California’s Abstract Ice Inc. Unveils $14.7M Expansion with New Production Facility in Forest City, NC

California-based Abstract Ice Inc. is laying down its stakes on the East Coast with a significant investment meant to expand its craftsmanship into Rutherford County, North Carolina. Governor Roy Cooper announced that the specialty craft ice manufacturer is poised to create 26 jobs and has planned a $14.7 million investment for a new production facility in Forest City. “Today, we celebrate Abstract Ice investing in Rutherford County,”

Governor Cooper said

. “Western North Carolina is open for business, and innovative companies like Abstract Ice will continue to invest in our state with our highly skilled workforce, strong infrastructure and great quality of life.”

Since its inception in 2018, Abstract Ice has been on the edge of innovation in the craft ice sector, providing crystal-clear, slow-melting ice that enhances the cocktail experience with less dilution. Serving a variety of establishments, their new facility will significantly expand their production ability to meet demand that spans the nation. CEO Todd Stevenson expressed excitement about the move, attributing their decision to North Carolina’s business-friendly environment and the warm support from local and state government. “We are excited to be coming to North Carolina and look forward to becoming a part of the Forest City community,” Stevenson explained.

The arrival of Abstract Ice is set to energize the local economy by harnessing North Carolina’s diverse manufacturing workforce, particularly in Rutherford County.

N.C. Commerce Secretary Machelle Baker Sanders said

, “Their presence will energize our local economy and tap into our state’s diverse and skilled manufacturing workforce in the Rutherford County area.” New jobs created by the company will have an average annual wage of $57,038, which exceeds the current county average. The anticipated payroll impact stands at more than $1.48 million annually for the region.

See also  Columbus Police Hunt for Suspect After Shooting on Republic Avenue, Community Help Sought

The state’s commitment to economic growth is further evidenced by a performance-based grant of $75,000 from the One North Carolina Fund, which is intended to help facilitate Abstract Ice’s expansion. State Senator Timothy D. Moffitt congratulated the company, reflecting on the region’s continued dedication to fostering innovation. Representative Jake Johnson also chimed in, noting the company’s potential to enrich the community while setting new industry standards. In partnership with several local and state entities, including the Economic Development Partnership of North Carolina and Isothermal Community College, Abstract Ice’s move is a testament to the state’s ongoing draw for pioneering businesses.

Note: Thank you for visiting our website! We strive to keep you informed with the latest updates based on expected timelines, although please note that we are not affiliated with any official bodies. Our team is committed to ensuring accuracy and transparency in our reporting, verifying all information before publication. We aim to bring you reliable news, and if you have any questions or concerns about our content, feel free to reach out to us via email. We appreciate your trust and support!

Leave a Reply

Your email address will not be published.