MOORESVILLE, NC (FOX 46 WJZY) - Corvid Technologies, which provides physics-based engineering solutions for the defense, automotive, aircraft, and biomedical industries, is relocating its headquarters in Iredell County, creating 367 new jobs, Gov. Cooper announced Tuesday.
The company will invest $28.9 million in Mooresville.
“North Carolina is the perfect choice for Corvid, thanks to our world-class universities, major military installations, and highly skilled workers,” Gov. Cooper said in a written statement, released on Tuesday.
Corvid provides technology-based solutions to a variety of customers in the Department of Defense, including the Missile Defense Agency, Navy, Army, Air Force, Marines, and Special Operations Command.
“We’re excited to consolidate our headquarters in North Carolina and continue our rapid expansion in the area,” said Dr. David Robinson, CEO at Corvid in a written statement.
The Mooresville location will be Corvid’s main campus and headquarters. The project will include two, three-story buildings, a data center for high-performance computing, a mechanics lab, and a prototyping lab.
Corvid said they will recruit best-in-class engineers and scientists from top universities, including North Carolina State University, University of North Carolina at Chapel Hill, Duke University, Wake Forest University, Virginia Tech, Georgia Tech, and Clemson University.
Salaries for the new positions will vary. Once all positions are filled, the annual payroll impact will be approximately $40.5 million. The current Iredell County average wage is $47,842.