# Carolina Beverage Company to invest $9M in Iredell County expansion

Carolina Beverage Company will invest $9 million in an expansion project in Iredell County, North Carolina, supported by an economic incentive of up to $145,811 over five years. The project is contingent on a contract being executed within 180 days.

- Type: Investment
- Announced: 2021-01-11
- Where: Iredell County, North Carolina, United States
- Value: $9.00M
- Status: announced
- Products: beverages

## Companies

- [Carolina Beverage Group](https://endata.com/companies/3274.md)
- [Iredell County Economic Development Corp.](https://endata.com/companies/7474.md) (investor)

## Sources

- [iredellfreenews.com](https://www.iredellfreenews.com/news-features/2021/iredell-commissioners-approve-economic-development-incentives-totaling-more-than-650k/), 2021-01-11: "The agreement is based on an investment of $9 million with an economic incentive of up to $145,811 over a five-year period."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.