SteelPoint Investing $35M in Charlotte-Area Factory
SteelPoint will construct a 100,000-square-foot production building on a parcel contiguous to their existing facility on Beltway Boulevard in Stallings. The new facility is expected to be completed in late 2024.
SteelPoint, which employs 89 people in Union County, is also adding 25 jobs with an average hourly wage of $25 as part of the expansion.
The company’s expansion announcement came after the Union County Board of Commissioners approved incentives for the project earlier this month. The board approved a grant worth up to $822,500 over five years for the expansion.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.