Page Castrodale Recognized as One of CBJ’s “Newsmakers of the Year”
A little more than a year after stepping into the Executive Director role at Cabarrus EDC, Page Castrodale has been recognized as one of Charlotte Business Journal’s Newsmakers of the Year!
This week, CBJ featured 50 leaders who worked to make the Charlotte region a better place and set the stage for a stronger 2022. While 2021 was a busy year for the Cabarrus EDC, the announcement of a new beverage production hub in Concord, North Carolina made national headlines, and set the stage for a stronger economy in 2022 for Cabarrus County and the greater Charlotte region.
CBJ details how the former Philip Morris plant campus in Concord, North Carolina had presented an “economic development puzzle” to Cabarrus County leaders since the company shuttered operations there in 2009. In 2018, the owner of the site, Bootsmead Leaseco LLC, demolished the Philip Morris buildings and began marketing the site as a multi-tenant business park called The Grounds at Concord.
This new plan for the former Philip Morris plant presented an opportunity for Page, her team and community partners. Shortly after, Cabarrus EDC began talks with other civic leaders and elected officials to land the beverage manufacturing hub at The Grounds at Concord.
In July 2021, Red Bull, Rauch North America and Ball Corporation announced plans to invest more than $1 billion in a new beverage production hub that will be built at the former Philip Morris plant, now named The Grounds at Concord. Together, the three companies will create more than 600 jobs at an overall average wage of $57,393.
Setting the Stage for a Stronger Economy in 2022
Since the announcement of the beverage production hub, The Kroger Co. has announced plans to build a high-tech customer fulfillment center in Concord, NC where it will create nearly 700 jobs. Greif, Inc. also announced plans to invest $10 million to expand its CorrChoice – sheet feeder operations in Concord, NC where it will create up to 30 new jobs in the expansion.
CBJ subscribers can click here to view the full issue that lists all 50 leaders who are 2021 Newsmakers of the Year.
About Cabarrus EDC
Cabarrus EDC is the lead economic development organization for Cabarrus County, Concord, Harrisburg, Kannapolis, Midland and Mount Pleasant. In the last five years, the EDC has announced over $850 million in new tax investment and almost 3,000 new jobs.