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Liz Cooper
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MONROE, N.C. (March 12, 2025) – At their regular meeting on March 3, 2025, the Union County Board of Commissioners awarded a $133,000 Economic Development Incentive Grant to Southern Electrical Equipment Company, Inc. (SEECO). The incentive grant is targeted at encouraging the company to select a location within Union County.
A transmission and substation equipment manufacturer for the electrical utility industry, Southern Electrical Equipment Company, Inc. (SEECO) has been in business since 1920. SEECO serves electric utilities based throughout North America and around the world.
Headquartered in Charlotte with a satellite facility in Indian Trail, SEECO is exploring an option to consolidate all business operations at a location that supports its current business and provides room to accommodate future growth. An available 109,000-square-foot building on 15 acres in the Monroe Corporate Center is under consideration.
If Union County is selected, the project would bring an anticipated capital investment of $7 million and secure 120 jobs paying an average annual wage of $64,000.
“Union County is proud to offer an economic development incentive grant in support of SEECO’s potential consolidation to our community,” said Melissa Merrell, chair of the Board of Commissioners. “We are confident our combination of available skilled workforce, low taxes, support from South Piedmont Community College, and our top-rated public schools will result in an affirmative location decision by SEECO.”
“Precision manufacturing is one of the business sectors we target for recruitment, and SEECO is exactly the type of manufacturer we want in Union County,” said Ron Mahle, Director of Economic Development for Union County. “Our experience has shown that once precision manufacturers locate in Union County, they regularly expand their facilities, thereby adding to the tax base and creating more career opportunities for county residents.”
“We are very pleased and encouraged with Union County’s eagerness to provide support to our company as we weigh many factors in our location decision,” stated Andrew Panto, CEO and Owner of SEECO. "We anticipate making our final decision by the end of this month."
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About SEECO – Southern Electrical Equipment Company
Southern Electrical Equipment Company (SEECO) is an ISO9001:2015 certified manufacturer of transmission and substation sectionalizing products for the electrical utility industry. Our mission is to provide customers with product solutions that are intelligently engineered for greater performance, reliability and ease of installation, accompanied by exceptional service and support. We are committed to total customer satisfaction.