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Albemarle's 'Prime Power' Industrial Park To Be First In N.C.


ALBEMARLE Albemarle, city, United States
Albemarle, city (1990 pop. 14,939), seat of Stanly co., central N.C., in the Piedmont region; inc. 1857. A marketing center in an agricultural area of cotton, grain, poultry, soybeans, and livestock, Albemarle also produces
, N.C. -- The City of Albemarle and ElectriCities of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures


Area, 52,586 sq mi (136,198 sq km). Pop.
 have signed an agreement to create Prime Power Park, North Carolina's first industrial park designed specifically to attract new industrial customers with mission-critical power needs.

The park, located on private property directly across from the airport, will feature a redundant power supply system, using a 1.8-MW generator generator, in electricity, machine used to change mechanical energy into electrical energy. It operates on the principle of electromagnetic induction, discovered (1831) by Michael Faraday.  to supply power to tenants under emergency conditions. Reliable, uninterruptible power is a key requirement for many industries that would suffer costly losses in the event of a power outage Noun 1. power outage - equipment failure resulting when the supply of power fails; "the ice storm caused a power outage"
power failure

equipment failure, breakdown - a cessation of normal operation; "there was a power breakdown"
.

"This is a cutting-edge economic development tool that will help Albemarle attract new jobs and capital investment to the community," said Brenda BRENDA Building and Real Estate Network (Belgian)  Daniels Daniels is a surname that may refer to:
  • Alyssa Daniels, an American web designer
  • Annette Daniels, an American mezzo-soprano opera singer
  • Anthony Daniels, an English actor mostly known for playing C-3PO in Star Wars
, manager for economic development for ElectriCities of North Carolina Inc., which serves Albemarle and 50 other N.C. cities that have their own electrical distribution systems. "This is the kind of unique benefit that public power communities can offer to industrial customers."

"The creation of jobs and business opportunities are among the Albemarle City Council's highest priorities," said Mayor Roger F. Snyder. "This project has the potential to further both of these goals."

A target marketing plan for identifying and recruiting prospective tenants for the park is being developed by The Sanford Holshouser Business Development Group, said Robert Van Geons, executive director of the Stanly County Economic Development Commission. Examples of industries that would find redundant power attractive include injection plastic molding operations and high-end precision manufacturers.

"This facility will make the City of Albemarle and Stanly County more competitive in recruiting certain types of commercial and/or industrial customers," Van Geons said. "That, in turn, will help increase tax revenue, create jobs, and boost investment in the community. The SCEDC SCEDC Southern California Earthquake Data Center  looks forward to assisting city officials in this important effort."
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Publication:Business Wire
Date:Nov 5, 2004
Words:294
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