Trivium Corporate Center
Trivium Corporate Center is a 378-acre Class A business park, located between Robinwood Road and Startown Road, which is being jointly developed by the City of Hickory and Catawba County, and marketed by the Catawba County Economic Development Corporation (EDC).
Formerly known as Park 1764, Trivium Corporate Center is zoned for office and light industrial, and will be marketed by the EDC as an ideal location for corporate headquarters and advanced manufacturing, due to its convenient location. The name, Trivium Corporate Center, was selected to convey the industrial park’s modern facilities and advanced capabilities. The Latin word trivium means “the place where three roads meet,” which reflects the location of the Corporate Center at the intersection of I-40, Hwy 70, and Hwy 321, as well as its approved strapline, “Making. Working. Better.”
Trivium Corporate Center is a joint development of the City of Hickory and Catawba County, as one of the four City of Hickory bond projects. The City has allocated $4.5 million of the bond funds to Trivium Corporate Center. The City of Hickory and Catawba County entered into an agreement on March 21, 2016 to equally cover the cost of development. By providing the necessary infrastructure, the EDC’s marketing efforts will be enhanced and Trivium Corporate Center will be more attractive to prospective businesses.
An official ground breaking ceremony was held on May 16, 2018 to celebrate the the start of construction for Trivium Corporate Center. The historic ground breaking also marked the beginning of construction on the first of four City of Hickory bond projects.
In a special called meeting on June 9, 2021, Hickory City Council approved budgeting City and County revenues for Trivium’s purchase of approximately 108 acres of land to the east of Startown Road. The Trivium Board approved this property acquisition to expand the successful 270-acre Trivium Corporate Center business park for further industrial development. The total purchase price of $2,698,000 will be shared equally by the City of Hickory and Catawba County and will be paid for over three fiscal years.
On August 14, 2018, Corning Inc. was announced as the first tenant in Trivium Corporate Center. Corning plans to build a cable manufacturing facility in the park for its Optical Communications business segment, creating approximately 110 jobs over the next five years and investing $60 million in this location.
On December 20, 2018, ITM Isotopen Technologien München AG (ITM), a group of specialized radiopharmaceutical companies, was announced as the second tenant in the business park. ITM plans to construct a manufacturing facility in the park, its first facility in the United States, for the production of a new generation of targeted radiopharmaceuticals for the treatment of cancer patients. ITM plans to create 137 jobs and invest $12 million in machinery and equipment over the next five years, and an additional $5 million in new facility construction in this location.
On December 18, 2019, Cataler North America Corporation, a Toyota Motor Corporation affiliate, was announced as the third tenant for the Trivium Corporate Center business park. Cataler North America Corp., a subsidiary of Cataler Corporation headquartered in Kakegawa, Japan, plans to construct a 100,000-square-foot (expandable to 300,000-square-foot) manufacturing facility for the production of automotive catalysts for some of the world’s largest producers of automobiles. Over the next five years, Cataler North America plans to create 151 jobs and invest a minimum of $42 million in new facility construction, machinery, and equipment.
On May 28, 2020, Stonemont Financial Group (SFG) announced plans to construct a 192,000 sq. ft. speculative building in Trivium Corporate Center. SFG will partner with Delco Partners with construction by Hickory-based David E. Looper & Company. The Stonemont Spec Building is expected to be completed to its shell state by April 30, 2021.
On December 22, 2020, American Fuji Seal, Inc. was announced as the fourth tenant in the Trivium Corporate Center. American Fuji Seal is a group company of Fuji Seal International, Inc., headquartered in Osaka, Japan. American Fuji Seal plans to construct a 260,000 square foot manufacturing facility for the production of shrink sleeve labels for the food, beverage, home and personal care, and pharmaceutical industries. American Fuji Seal plans to create 101 jobs and invest a minimum of $52 million in new facility construction, machinery, and equipment.
On April 12, 2021, Gusmer Enterprises, Inc. was announced as the fifth tenant in the Trivium Corporate Center. Gusmer Enterprises is headquartered in Mountainside, NJ with manufacturing facilities in Wisconsin and California. Gusmer Enterprises plans to construct a 135,000 square foot manufacturing facility to produce liquid filtration media and devices which are used in the food, beverage, and pharmaceutical industries, including filtration products that are used in the production of COVID-19 treatments. Over the next five years, Gusmer Enterprises plans to create 73 jobs and invest a minimum of $38.2 million in new facility construction, machinery, and equipment.
On September 28, 2021, Corning Incorporated (NYSE:GLW) announced plans for a manufacturing expansion in Trivium Corporate Center in Hickory, North Carolina. Corning will invest $150 million and create 200 jobs. Salaries will vary by position, but the average annual compensation for the new jobs will be $55,000, a 25 percent increase compared to Catawba County’s average wage. The Corning expansion will occupy and expand the Stonemont Spec Building in Trivium Corporate Center.