South Raleigh News

Governor Roy Cooper has announced that Abstract Ice Inc, a company specializing in craft ice products, will establish a new manufacturing facility in Forest City, Rutherford County. The project is expected to create 26 jobs and involve an investment of over $14.7 million.

Governor Cooper stated, "Today, we celebrate Abstract Ice investing in Rutherford County," highlighting the benefits of North Carolina's skilled workforce and infrastructure.

Abstract Ice, founded in 2018, produces crystal-clear ice products for bars and event venues. The company has developed technology to automate ice carving, focusing on safety and efficiency. CEO Todd Stevenson expressed excitement about joining the Forest City community and acknowledged North Carolina's business-friendly environment.

N.C. Commerce Secretary Machelle Baker Sanders noted that Abstract Ice's expansion reinforces the state's reputation as a destination for innovative companies. The new jobs are projected to have an annual payroll impact exceeding $1.48 million for the region.

The One North Carolina Fund will provide a $75,000 performance-based grant to support the expansion. Companies must meet specific job creation targets to qualify for this funding.

Senator Timothy D. Moffitt congratulated Abstract Ice on their expansion into North Carolina as a reflection of shared economic growth goals. Representative Jake Johnson praised the company's potential impact on job creation and community enrichment.

Key partners in this project include various state departments and local institutions like Isothermal Community College and the Town of Forest City.