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PreGel America to Expand Concord Operation

Expansion will generate $14.4 million in tax investment


Published Wednesday, November 22, 2017

 

FOR IMMEDIATE RELEASE

Media Contacts
Cabarrus Economic Development
Robert Carney, Executive Director
(704) 490-4977

PreGel America
Janae Morris
Marketing Communications
(704)707-0326

 

PreGel America to Expand Concord Operation

Expansion will generate $14.4 million in tax investment

Nov. 22, 2017 – CONCORD, NC – PreGel America, the U.S. division of PreGel, is set to expand its Concord operation. Over the next four years, PreGel America plans to invest $14.4 million for equipment and facility expansion that will assist manufacturing and distributing its specialty dessert ingredients.

“PreGel is excited about the opportunity to further expand our facility in the City of Concord,” said Marco Casol, president and CEO of PreGel. “We have found great success among the diverse network of businesses in the area, and we’re proud to be a part of this infrastructure and grow with the progressive development that Concord is experiencing.”

Both the Cabarrus County Board of Commissioners and Concord City Council supported and approved a three-year, performance-based tax incentive totaling $249,900 for Cabarrus County and $171,360 for the City of Concord.

“PreGel helped shape Cabarrus County’s international economic profile, and we’re proud to support their reinvestment in our area,” said Steve Morris, chair of the Cabarrus County Board of Commissioners. “They’ve found the right formula for success, and we’ve got room for them to grow. It’s a treat to see.”

The expansion will add approximately 110,000 square feet of manufacturing and warehouse space at its operation located at 4450 Fortune Avenue NW, Concord, NC 28027, where PreGel America currently employs 93 workers.

“The Concord City Council is aggressive in helping existing industries grow as the economy in Concord and across the region grows as well,” said Mayor Scott Padgett. “PreGel America is a locally based international company that decided to expand here over other domestic and international locations. Fortunately, the City Council worked closely with our colleagues on the Cabarrus County Board of Commissioners to ensure that PreGel’s new manufacturing investments will be added right here in Concord.”

PreGel America has been dedicated to doing business in Cabarrus County since 2006.

Robert Carney, executive director of Cabarrus Economic Development, said, “Our international partners like PreGel America are so important to the success of this community. We are excited to see them grow. Concord just got a bit sweeter!”

About PreGel America

Established in 2002, PreGel America is a B2B developer, manufacturer, and distributor of authentic, high quality, shelf-stable, semi-finished dessert ingredients and supplies. With main headquarters in Reggio Emilia, Italy, the company’s diverse product lines fulfill the supply needs for artisans of Gelato, Sorbetto & Ice Cream, Soft Serve Ice Cream, Pastry & Confections, and Specialty Beverages.  Additionally, PreGel hosts four International Training Centers within major U.S. cities including Charlotte, NC; Los Angeles, CA; Ft. Lauderdale, FL; and Chicago, IL, as well as three distribution facilities in the East, West, and Central regions. The company services all segments of the foodservice and noncommercial foodservice industries, as well as U.S. distributors.

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