A company that builds suspension components for race cars is opening a manufacturing facility in Mooresville.
PAC Racing Springs, a division of Michigan-based Peterson Spring Co., plans to build a facility at 255 Raceway Drive in Iredell County. The company will employ 15 people there initially, and the site will include suspension spring manufacturing and a new chassis product development center, the Charlotte Regional Partnership said.
“The opportunity to be situated in the heart of the racing community offers our customers a unique development where we can work directly with engineers to manufacture the suspension products they require,” said Jason Youd, PAC Racing Springs’ manager of business development, in a statement. “Having the suspension spring manufacturing, engineering, and sales onsite will allow for additional support for our customer base worldwide”
Ronnie Bryant, CEO of the Charlotte Regional Partnership, praised the firm.
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“I’m excited to see an innovative company like PAC Racing Springs investing and growing in Charlotte USA. They’re a benefit to both Iredell County and the entire Charlotte region,” said Bryant.