Peak Demand Plans Headquarters-Manufacturing Facility In Wilson County, North Carolina
09/06/2016
A global supplier of electrical transmission and distribution products, including insulators, bushings, components and current transformers, Peak Demand is a unit of China’s Nanjing Zhida Electric Co. Peak Demand will serve Nanjing Zhida Electric’s customers in North America, Central America and South America. Wilson will serve as its base of operations in the Americas.
“We are excited to make Wilson our home,” said Jon Rennie, President/CEO of Peak Demand, “We are a team of industry veterans with a mission to revolutionize customer service in the electric utility products market. Our on-line tools and quick-ship processes are helping customers respond quicker to the critical demands of the electrical grid. In Wilson and in North Carolina, we have found a community that understands the importance of business growth and the unique needs of manufacturers. We look forward to a long, successful history here.”
The project was made possible in part by a performance-based grant of up to $100,000 from the One North Carolina Fund. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. One NC grants also require and are contingent on financial matches from local governments.
“North Carolina's business climate, talent and quality of life continue to attract companies from around the world,” said Governor Pat McCrory. “Peak Demand builds on an exceptional pool of engineering talent in the power equipment industry and ready access to U.S. and international markets.”
Project Announcements
Solidigm Plans Rancho Cordova, California, Global Research-Development Complex
10/05/2022
Octopi Brewing Expands Waunakee, Wisconsin, Plant
10/05/2022
Automotive Service Products Relocates-Plans Boone County, Kentucky, Operations
10/05/2022
Elevate Windows and Doors Plans Hopkinsville, Kentucky, Production-Distribution Complex
10/05/2022
River View Coal Plans Henderson County, Kentucky, Facility
10/04/2022
RxLightning Establishes New Albany, Indiana, Headquarters
10/04/2022
Most Read
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
2022 Top States Workforce Development Programs
Q3 2022
-
The New Industrial Ecosystem
Q3 2022
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
Location Factors in the EV Industry — “Mission Critical” or “Nice to Have”?
2022 Auto/Aero Site Guide
-
Major Projects: Embrace Wide Open Rural Spaces
Q3 2022