FITT USA, part of Italy-based FITT Group, a world leader in the creation of complete thermoplastic fluid transfer systems, will invest $25.6 million to locate its 120,000 square foot U.S. Headquarters at Mooresville Business Park East in Mooresville, North Carolina. The company plans to create 144 new full-time positions.
According to Iredell County Economic Development Corporation, the Mooresville facility will focus on producing FITT Flow and FITT Force, two of FITT’s most innovative and performing products that make work of homeowners and professional users safer and more pleasant by providing them with the most advanced solutions, all developed during a long journey of listening to American users.
“Opening our facility in Iredell County and North Carolina was the right decision,” says Alessandro Mezzalira, President and CEO of FITT Group. “The environment is conducive to establishing a business with a skilled workforce, superior location, and welcoming community has made the processes easy.”
FITT USA has been approved for a Discretionary Economic Incentive Grant, that is performance based, from the Town of Mooresville with a monetary value up to $551,000 over a 5-year period. Iredell County will conduct a public hearing to consider a grant request for the company as well.
“The board is pleased to stimulate new jobs and capital investment for Iredell County. Economic development is vital for our community, providing citizens with jobs as well as increasing our tax base, allowing us to improve our schools, public safety, and quality of life. We look forward to creating a long-lasting corporate partnership with FITT USA,” said Mayor Miles Atkins, Town of Mooresville.
Partners involved in the project include: Economic Development Partnership of N.C. (EDPNC), Iredell County Economic Development Corporation, South-Iredell Community Development Corporation, Charlotte Regional Business Alliance, North Carolina Community College System, and Mitchell Community College.
FITT USA’s Vision is to bring US consumers its technological edge in developing garden and professional innovations, ensuring maximum levels of performance in terms of ease of use, compactness and lightness, Iredell County Economic Development officials said.