Mojotone was originally founded in 2000 in Winston-Salem, later moving to Burgaw. The company’s transition to the industrial park property and into the new building (right), constructed in 2011, has been more than a year in the making."Michael's company has grown fantastically. And we knew that we better do something to keep him here and try to encourage him to grow here. He had a lot of opportunities to do things in a lot of places, but he decided to do it here and we're all going to be better off for it," Satterfield said.
"It's a wonderful company. The growth trajectory is unbelievable. But everybody in here practically has been part of this process," Satterfield added. "This has taken a lot of foresight and a lot of determination ... public sector, the private sector and that's what economic development is all about. It's about putting all the partnerships together that you can to ultimately yield a great result for your community."
Last January, the Pender County Board of Commissioners unanimously accepted a $750,000 bid from Mojotone for the property and building. Four County Electric Membership Corp. also tapped a $1 million loan from the U.S. Department of Agriculture to help Mojotone finish the building's interior and prepare it for occupancy.
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