Business In Focus Magazine Focuses on Iredell County
Iredell County, The Crossroads for Business, Life, and Location
More than 270 years ago, the first European settlers discovered the 574 square miles that would one day make up Iredell County. Attracted by the rich soil, abundant wildlife, and freshwater, they sank deep roots into the county and began creating the communities of Harmony, Love Valley, Mooresville, Statesville, Troutman, and Union Grove. Over the subsequent 100 years, multiple railroads converged in the county linking it to points east, south, and north. By the 1880’s, Iredell’s County seat, Statesville, North Carolina emerged as the jumping off point for distilleries from throughout the Carolinas as the westernmost point for railroad service, and Iredell County was the perfect crossroads for travelers and businesses moving goods from all directions. Iredell County solidified its position as a “Crossroads for the Future” when two major interstates, I-40 and I-77, intersected in what is considered to be the center part of the state. As Iredell County’s reputation for being an ideal location for businesses to grow, people were drawn to the beauty of its rolling foothills in the north and the vast shorelines of Lake Norman to the south. Today, this perfect blend of business, life, and location continues to make Iredell County attractive to businesses regionally, nationally, and even internationally.
In 2018, Iredell County’s primary municipalities, Mooresville, Statesville, and Troutman, along with business leaders vested in the economic growth of the county, made the strategic decision to unify their individual efforts into one county-wide economic development organization, Iredell County Economic Development Corporation, tasked with boosting Iredell County’s upward trajectory to become an economic powerhouse and connecting future business prospects with local opportunities.
With a population that now exceeds 200,000, Iredell County still offers all the joys and conveniences of small-town life while welcoming new businesses and residents. The result has been vigorous economic growth with approximately 130 new and expanding announcements over the past seven years representing 6,000 new jobs and $2.2 billion in investment. Subsequently, the county itself has grown by seven percent since 2020 and expanded its tax base by 60 percent by 2024.
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