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BestCo Expands Manufacturing Facility in Mooresville, North Carolina

02/21/2019
BestCo, a developer and manufacturer of consumer healthcare products, will invest $47.5 million to expand its manufacturing complex in Mooresville, North Carolina. The company plans to create 141 jobs in Iredell County.

Founded in 1976 as Beacon Sweets, BestCo began as a confectioner and is now a leading developer of consumer healthcare products, including over-the-counter drug products and dietary supplements.

The company offers product development and testing, manufacturing, packaging and marketing services to private label and contract manufacturing clients in the consumer healthcare and retail industries; It creates new medication and supplement delivery formats with flavor appeal, such as chewable supplements.

The North Carolina Department of Commerce and the Economic Development Partnership of N.C. (EDPNC) were instrumental in supporting the company’s expansion decision. As an incentive the company received a performance-based grant of $150,000 from the One North Carolina Fund will help facilitate its expansion. All One NC grants require a matching grant from local governments and any award is contingent upon that condition being met.

“BestCo is honored to be considered for this grant to support our growth initiatives and investments,” said Tim Condron, President & COO of BestCo LLC. “We are blessed to be part of a community and a state that values and invests in fast growing businesses. We have been in the community and creating jobs for over 30 years and this is the beginning of a new and exciting chapter for BestCo.”

“BestCo began as a candy company and used that knowledge of customer tastes to make medicines and supplements more appealing,” said Secretary of Commerce Anthony M. Copeland. “This kind of innovation, taking a passion and applying it to other industries, thrives in North Carolina, and I am proud to welcome BestCo’s expansion in Mooresville.”

“Companies choose to invest in communities where they’ll be able to succeed, and BestCo decided to expand in Mooresville because it knows this community,” Governor Roy Cooper said. “Employers that know North Carolina know we have the talent, infrastructure and businesses climate they need to thrive.”

In addition to North Carolina Commerce and the Economic Development Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, North Carolina Community College System, Centralina Workforce Development Board, NC Works, the Economic Development Partnership of North Carolina, the City of Mooresville and Iredell County.

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