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Lincoln County NC to be the North American HQ for Rato Power Company

February 16, 2012

Lincoln County NC to be the North American HQ for Rato Power Company

Governor Bev Perdue attends the ribbon cutting

Lincoln County, NC – Lincoln Economic Development Association co-hosted with Rato NA the launching of their new American Headquarters located in Denver NC. The event was well attended by state and local officials as well as customers and suppliers to Rato.

Rato is a manufacturer of water pumps, generators and general purpose engines used primarily for outdoor power equipment as well as ATV’s and motorcycles. This is the first facility outside of China for Rato Power Co.

Governor Bev Perdue attended the event showing her support to the Chinese based company on their decision to locate in Lincoln County NC. “Creating jobs is my top priority,” says the Governor. “Today we are here to celebrate the creation of forty new executive jobs; you can see the start of something big for this community.”

Mr. Zhu, chairman of Rato NA, “Thank you Governor Perdue for the support of our selection of North Carolina as our headquarters and to Lincoln County for your support throughout this entire process.”

Alex Patton, chairman Lincoln County Board of Commissioners, “We couldn’t be more excited that Rato chose Lincoln County for their North American headquarters and the opportunities for future growth they bring with them. We welcome you and support you in every way.”

About LEDA

Lincoln Economic Development Association is a private, 501c(3) non-profit corporation charged with facilitating industrial and office development in Lincolnton and Lincoln County. LEDA’s mission is to foster an economic environment that promotes an enhancement of the standard of living by creating more and better jobs for the citizens of Lincolnton and Lincoln County and an increased and diversified tax base to provide needed community services. The organization’s goals include retention and expansion of existing business; attraction of diversified base industries, improvement of the overall business climate within Lincolnton and Lincoln County and growing stage 2 entrepreneurial companies.