Tristone Flowtech Group breaks ground on $23.6M facility
Special to SVLfreenews.com
Mooresville – Tristone Flowtech Group’s journey began in Iredell County with an official groundbreaking ceremony at Mooresville Business Park East on Wednesday, May 16.
Tristone Flowtech announced in January plans to invest $23.6 million to launch the company's first manufacturing facility in the United States. The company plans to create 302 jobs over the next three years in Mooresville.
Tristone expects the facility to be fully operational by May 2019.
“We are dedicated to our passenger car automotive business fields, engine and battery cooling, aircharge and air intake applications, in the industry,” said Guenter Froelich, president & CEO of the Tristone Flowtech Group.
Tristone Flowtech Group is an automotive supplier with 3,500 employees around the world. The Mooresville facility will be the company's 11th location. Existing plants are located in Mexico, Czech, Poland, Slovakia, Italy, France, Spain, Turkey, India and China.
Local officials are excited about the venture.
“Twenty-Five years ago, a group of business-minded individuals wanted to insure good industrial development and growth for South Iredell,” said Mark Brady, president of the South Iredell Community Development Corporation. “We are proud to be able to recruit good companies to Mooresville Business Park East, our third industrial park, and look forward to the continued partnership with the Town and County to encourage development”
“Tristone Flowtech is a win for our community and a good fit for our existing cluster of automotive suppliers,” added Iredell County Commissioner Jeff McNeely. “We are committed to supporting our automotive cluster by cultivating a pipeline of skilled workers to meet their needs.”
“We knew from the first meeting that they would be a good fit at the business park,” said Mooresville Mayor Miles Atkins. “We are proud to have an organization that’s focused on innovation, quality and sustainability.”
For more information about Tristone Flowtech Group, visit www.tristone.com