 Mooresville, north of Charlotte, edged out around 350 potential U.S. locations and two finalists in Columbia, South Carolina and Auburn, Alabama to secure the site of a German electrical engineering and manufacturing company’s U.S. headquarters, a move that Gov. Roy Cooper announced on Jan. 23.

Despite being offered better incentives from some other locations, DEHN, Inc. leadership said the infrastructure and workforce talent of the Charlotte region cinched the spot.

DEHN, Inc. is the U.S. subsidiary of Germany-based DEHN SE, according to a press release from the governor’s office. The company has services for lightning and surge protection. DEHN will also open a production facility in Mooresville, which just east of Lake Norman along Interstate 77 in southern Iredell County.

The company will invest $38.6 million in the project and create a new business.

The project will open operated.

The project will be operated by the local government.

The project is estimated to grow the state’s economy by $523 million over the next 12 years, according to the governor’s office.

Charlotte Douglas International Airport and the highway connectivity in the region were major draws

Mooresville proximity to Charlotte convinced German tech employer

DEHN, Inc., a U.S. subsidiary of Germany-based DEHN SE, selected Mooresville, North Carolina, as the site for its U.S. headquarters, beating out 350 potential locations. The company will invest $38.6 million in a new production facility and create new jobs, contributing to the state's economy by an estimated $523 million over 12 years. The decision was influenced by the region's infrastructure and workforce talent.