Street name changed to Exela Way

Feb. 8—LENOIR — Lenoir City Council has approved a street name change from Advantage Court to Exela Way.

During the Lenoir City Council meeting Tuesday, Feb. 7, a public hearing was held to receive public comments regarding city staff's recommendation to rename Advantage Court to Exela Way as requested by Exela Pharma Sciences, LLC (1245 Blowing Rock Blvd., Lenoir).

The street name has been verified by the Planning Department as meeting all requirements for street naming in the city.

In 1996, as part of the plat approval for Broyhill Industrial Park, City Council designated the road running from Blowing Rock Boulevard to Nuway Circle as Advantage Court. In 2014, city council renamed a 2,011-foot portion of Advantage Court to Cooperative Way per the request of Blue Ridge Energy.

Over the past several years, Exela has acquired all properties along the entire 565-foot length of Advantage Court.

Mayor Joe Gibbons opened the public hearing to allow individuals to address the city council. No one signed up to speak, so after a motion was presented, the council voted unanimously to approve the street name change.

Gibbons presented a brand new street sign bearing the name "Exela Way" to Don Overton, vice president of finance at Exela.

"Exela Pharma Sciences is a great business and industry here, and we thank you for all that you mean to this community," Gibbons said.

"We're proud that you're here and part of our community in so many ways."

"Thank you very much, this is a great honor," said Overton. "We appreciate it."