The economic recession has claimed quite a few businesses, and no one has been left untouched by its affects. However, just as the sun emerges after a devastating storm, signs that we have turned the corner are abundant.

Perhaps none more striking than last week’s announcement that MSC Industrial Direct Inc. will bring 400 new jobs to Davidson. The company plans to build a facility valued at $26 million, installing equipment worth $5 million and creating a tax base annually worth $250,000 for Mecklenburg County and $108,000 for Davidson.

The announcement comes on the heels of Carolinas HealthCare System announcing its plans for a new Behavioral Health Hospital. That critical healthcare facility will bring 155 new jobs at an average salary of $65,000. CHS has said it hopes to hire as many local employees as possible, but assuming they were all new residents to Davidson that could mean an additional $3,583 per capita in state and local taxes.

That’s 555 new jobs planned for Davidson in two announcements over six weeks.

And soon we will see the ABB production facility at Commerce Station operational as the Swiss-based company occupies its 250,000 square foot space housing a $90 million operation. The plant will employ about 100 workers.

These announcements are the result of a team effort between the Charlotte Partnership, Charlotte Chamber, the Lake Norman Regional EDC, and CPCC.

The chamber would like to congratulate Davidson Mayor John Woods and his board and town staff on the latest round of announcements. That said, expect more great news as companies, corporations, and businesses recognize that Lake Norman is a hot market and an outstanding region to do business.

– Bill Russell, president of the Lake Norman Chamber of Commerce