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Newell Brands said to target big investment in region

Newell Brands An entity affiliated with Kansas City-based NorthPoint Development paid $22.1 million last year for the land for Gateway85, a 365-acre industrial park between Gastonia and Lowell. It appears the original site plan released for the project would be modified to accommodate a large… more (NORTHPOINT DEVELOPMENT)

CHARLOTTE — It appears a major industrial development in the Charlotte region has landed its first project.

Multiple sources told the Charlotte Business Journal that Newell Brands will bring a new operation to Gateway85, NorthPoint Development’s 365-acre industrial park in Gaston County.

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Gaston County officials considered incentives for the project in late June under the code name “Project Hearth.” According to county documents, it calls for a total investment of $135 million and the creation of 128 jobs.

Newell Brands confirmed its plans in a statement to CBJ on Tuesday afternoon.

Read more here.

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