Chickasaw Nation Industries’ subsidiary Corvid Technologies is headquartered in Mooresville, North Carolina. (Corvid)
In May, state and local leaders joined employees and executives of Corvid Technologies to break ground on a new corporate headquarters in Mooresville, North Carolina. The new facility, which will be built at a cost of $29 million, is expected to add 367 jobs in the area with an average salary of $110,000, and will consist of two three-story buildings, a data center for high-performance computing, a mechanics lab, and a prototyping lab. Corvid already has more than 100 employees at its current headquarters, meaning that the new facility is expected to unleash growth potential.
Corvid Technologies, founded in 2004, is a small business that provides technology-based solutions to a diverse customer base ranging from the Missile Defense Agency to NASCAR. In 2015, Corvid Technologies was acquired by Chickasaw Nation Industries (CNI), a federally chartered corporation wholly owned by the Chickasaw Nation. CNI serves as a holding company with more than a dozen subsidiaries engaged in multiple lines of business, including business support services, defense logistics, health and human capital, IT solutions and services, manufacturing, and modeling and simulation.
Because of its association with CNI, Corvid Technologies has 8(a) status as a Small Disadvantaged Business for federal contracting.
While Corvid’s main campus is in Mooresville, it also operates satellite offices in Alexandria, Virginia; Huntsville, Alabama; and Kauai, Hawaii at the Pacific Missile Range Facility.
The facility is expected to be completed within a year from the project’s breaking ground. In order to bring the project to Mooresville, state and local governments offered an enticing package of more than $2 million in tax incentives, while the state is providing $9 million in Job Development Investment grants.
For the County’s part, the investment is well worth it, as they believe the kind of jobs Corvid will create will keep top talent in the area, instead of seeing them follow opportunities elsewhere.
According to Corvid’s website, about two-thirds of their team of engineers and scientists have masters’ degrees or PhDs, giving them an edge in the concept development, design and optimization, and prototype building, testing, and manufacturing markets. As a result, they develop complex engineering solutions for a variety of applications, including aircraft, ballistic missile defense, motorsports, armor development, biological systems, and missile and warhead design and development.