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German Company Picks Eastern Lincoln County

July 29, 2008

Lincoln County – Lincoln Economic Development Association announces today that Sennebogen North America will build a 48,000 square foot parts distribution, training and technical support center in Eastern Lincoln County with capital investments of $5.1 million. County commissioners approved an incentive grant of $17,895.15 per year over a five year period to the German company. Within two years Sennebogen promises to bring twenty-five new jobs to Lincoln County.

The 50 year old family owned company from Straubing, Germany has been building an international reputation for innovation and dependability in the world’s most specialized bulk material-handling equipment. Sennebogen offers a complete line of purpose-built machines to meet the specific needs of their customers handling scrap, logs, coal and other bulk materials. With the location of their Lincoln County facility, Sennebogen can ensure exceptional customer service and support with efficient access to parts, equipment, and technical support.

“The support we have gotten from the Lincoln Economic Development Association played a major role in our decision to locate to Lincoln County. Barry Matherly did a fantastic job at finding the right location for us as well as helping with the decision making process. LEDA is by far the best development association in the region. Eastern Lincoln County offers a great connection to highways, the airport and infrastructure available in the region.” says, Constantino Lannes, president of Sennebogen North America.”

Pete Acker, chair of the Lincoln Economic Development Association, “Having Sennebogen locate in Lincoln County strengthens our growing list of international companies.”

“It’s been a pleasure working with Sennebogen and Mr. Lannes during the first stages of establishing their company in the eastern part of the county. It’s exciting to work with a company with such a strong vision of growth in the future.” says, Crystal Gettys, existing business manager for the Lincoln Economic Development Association.

Tom Anderson, chair of the Lincoln Economic Development Association, “We are pleased to welcome a firm that brings this very unique and highly specialized type of manufacturing to Lincoln County. Sennebogen’s decision to locate in Eastern Lincoln County strengthens and diversifies our ever growing manufacturing base and brings new opportunities to our citizens. We appreciate Sennebogen’s choice of Lincoln County and we wish them great success.”

About LEDA

Lincoln Economic Development Association is a private, 501c(3) non-profit corporation charged with facilitating industrial, office and commercial development in Lincoln and Lincoln County. LEDA’s mission is to foster an economic environment that promotes an increased tax base and enhances the standard of living by creating better jobs for the citizens of Lincolnton and Lincoln County. The organization’s goals include expanding existing business and industry, developing and encouraging investment by new business and industry and fostering cooperation between business, government, schools and the community.