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County economic-development update highlights new openings and spec space; Martin Oakes appointed to Marine Commission vacancy

Lincoln County Board of Commissioners · May 6, 2025
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Summary

Economic development staff reported recent business openings, student industry tours and a local expansion; commissioners appointed Martin Oakes to fill a vacancy on the Lake Norman Marine Commission.

An economic-development staff member identified as Cliff briefed commissioners on several recent local business openings downtown, continuing student tours to manufacturers, and expansions, including a Spantec investment announced at approximately $3.3 million for machinery and building improvements. Cliff also noted new and available spec buildings, described ongoing marketing efforts to fill industrial space and reported Lincoln County's unemployment rate at about 3.2 percent.

In appointments, the board moved to appoint Martin Oakes to fill a Lake Norman Marine Commission vacancy from Lincoln County; the motion carried by voice vote and the appointment was approved.