Holley will be opening a 111,000 sq.-ft. manufacturing space in Mooresville, North Carolina, the company announced.
The project calls for $12.3 million in investment and will bring 80 existing employees to the operation and 40 new employees, according to a report from the Charlotte Business Journal. The facility is also expandable by an additional 83,616 sq. ft. The company will receive local tax incentives for the $12.3 million expansion.
“Holley is a top name in automotive racing and performance parts manufacturing and has a strong reputation among car enthusiasts. We are excited to add them to the portfolio of automotive parts manufacturers in Mooresville’s industrial landscape,” said Mayor Miles Atkins, town of Mooresville.