“We’re excited to welcome another native North Carolinian to our team.” Says President of the Chatham EDC, Michael Smith. “He brings valuable private-sector experience and has already demonstrated his commitment to economic development by joining the North Carolina Economic Development Association (NCEDA) as he makes the transition into the profession. We’re pleased to have him on board and look forward to the perspective and energy he’ll bring to our work.”

In his role, Fasnacht will lead business retention and expansion (BRE) outreach by meeting directly with employers to identify opportunities and challenges related to workforce, infrastructure, permitting and other factors that impact business operations. He will also coordinate with local, regional and state partners to help connect businesses with resources and solutions.

Fasnacht is a graduate of the University of North Carolina at Chapel Hill, where he earned a degree in Economics with minors in History and Entrepreneurship

Fasnacht brings experience in project management, business outreach, research and relationship development. Most recently, he served as a Client Development Lead at proSapient, where he managed complex research projects and cultivated relationships with more than 1,600 C-level executives. During his time with the company, he was also recognized as a top performer on his team.

His previous experience includes marketing, request for proposal (RFP) pursuit management and customer relationship management (CRM) analytics with Ramey Kemp and Associates, as well as community engagement support with Raleigh Founded. His skills in relationship-building, project management, research, and sales make him an incredible asset to the Chatham EDC team.

“I’m very excited to join the Chatham County EDC team.” Says Fasnacht. “I look forward to working closely with our local business community, building strong partnerships, and supporting the retention and expansion of the industries that drive our economy and communities forward.”

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About Chatham Economic Development Corporation

Chatham County Economic Development Corporation (EDC) is the lead economic development agency for Chatham County. The EDC is a 501(c)3 economic development non-profit that provides support to businesses throughout the county and markets Chatham County as the preferred location for emerging growth companies.

About Chatham County
Chatham County takes center stage in North Carolina, strategically located between the Research Triangle and Piedmont Triad. The third-fastest growing county in the state is home to the towns of Pittsboro, Siler City and Goldston as well as several unique rural communities. Residents and visitors alike enjoy 30+ miles of trails and abundant greenspace, 5 golf courses, and an additional 85 miles of greenways are in the works. Chatham also features Jordan Lake, the second-most visited state park in North Carolina. Chatham Park, one of the largest mixed-use developments in the nation is currently underway in Pittsboro.

Contact
Monica Alvarado, Marketing and Communications Specialist

Office: 919-545-8380

Cell: 919-548-7311

monica.alvarado@chathamcountync.gov

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Proactive Business Retention and Expansion Support

Through its business retention and expansion program, the EDC helps companies overcome obstacles that may hinder growth, from workforce shortages to infrastructure needs. By connecting businesses with local and state resources, the EDC fosters an environment where companies scale efficiently.

Chatham County’s existing industries are the backbone of the local economy, with research indicating that approximately 75% of all job creation comes from businesses already established in the community. The county benefits from a diverse industry base that spans from semiconductor development to food processing and beyond.

The Chatham EDC supports existing industries in their growth by identifying public funding opportunities, connecting businesses to local workforce development resources, and facilitating customized training solutions to enhance their competitiveness.

Connecting Businesses to Essential Resources

Business growth often requires funding, land, skilled labor, or infrastructure, among other things. The Chatham EDC assists companies in identifying expansion opportunities within the county, whether through available properties or strategic partnerships.

Additionally, the EDC connects businesses with workforce development programs, such as those offered by Central Carolina Community College (CCCC) and NCWorks, to help train and retain skilled employees.

Success in Action

CTI Systems is one business in Chatham County that has benefited from the EDC’s support regarding their building.

When the company needed a new roof, the Chatham EDC helped identify funding assistance options that not only addressed their facility needs but also resulted in the creation of 20 new full-time jobs—each paying well above the county’s median income.

Looking Ahead

As Chatham continues to grow, the Chatham EDC remains committed to fostering the success of our existing industries while seeking new opportunities to ensure a prosperous future for both emerging and established businesses in Chatham County. By staying connected with local businesses and understanding their evolving needs, the EDC helps ensure that Chatham remains a top destination for business growth.

If your business is considering expanding to Chatham County, contact our office by phone at 919-542-8274.

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