Wednesday, May 18, 2011

Investing in Badin Redevelopment

Earlier this week, Alcoa announced that it has awarded more than $7.2 million in contracts associated with the redevelopment of its former plant site in Badin. Much of the work was awarded to North Carolina businesses, including Stewart Engineering Inc. (Charlotte), Apex Engineering (Concord), REI Engineers (Charlotte) and Western Waterproofing Company (Charlotte). Additional contracts will be awarded later this year as work progresses.
The redevelopment of the Badin site -- which includes partial building demolition and restoration of some current structures -- is designed to make the site more appealing to new companies. 
Kevin Anton, Alcoa’s Chief Sustainability Officer, has been leading our efforts to recruit new businesses to the site. 
“We are very excited to get the redevelopment of the Badin site under way. This is a significant investment by Alcoa, and a big step toward bringing new jobs to Badin,” he said. “Over the last three or four months, we’ve marketed the location to many companies who may have an interest in locating here. We are excited about what redevelopment will mean to the community, and the new construction and permanent jobs it will bring.”
Alcoa has led the recruiting effort and is also working with local and state economic development officials to attract new employers to Badin. 
Redevelopment work is currently under way, and a majority of the site improvements are expected to be complete by the end of 2011.

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