It appears that the sour economy has not hurt the sweet business of a Concord gelato company.
PreGel America, which has invested $15 million in its new operation and has been open since May, is looking to invest another $12million to $16 million, according to the Cabarrus Economic Development Corp. The company also is seeking local government incentives that would total $321,300 at the $12million investment level.
PreGel wants to build a 40,000-square-foot building at its North American headquarters in the International Business Park. The move will add 10 full-time jobs, with an average annual salary of $46,000.
PreGel employs 37 people at its current 135,000-square-foot building. The expansion may be tied to a new product line, said Ryan McDaniels of the Economic Development Corp. PreGel declined to discuss its plans. The Italian company supplies ingredients, toppings and fillings used in gelato and other specialty desserts for restaurants, hotels, grocery stores and other groups.
The Concord site houses research and development space, administrative offices, a warehouse and a training center for current or potential gelato shop owners and others.
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