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Carowinds park to expand; operator Cedar Fair purchases 61 acre adjoining parcel

SANDUSKY, Ohio, Aug. 1, 2011 /PRNewswire/ — Cedar Fair Entertainment Company (NYSE: FUN) announced it has purchased 61 acres of land adjacent to the Company’s Carowinds amusement park located in Charlotte, NC. This land acquisition will enable the Company to achieve future development and expansion of the facility.

“We are thrilled about the growth opportunities this land will provide for future development of Carowinds, as well as the increased beneficial economic impact it will have on both Mecklenburg and York counties,” said Matt Ouimet, Cedar Fair’s President. “We believe strongly in Carowinds’ potential and its excellent opportunities for continued growth in the coming years. Since 2006, we have invested more than $45 million in new rides and attractions, which clearly demonstrates Cedar Fair’s commitment to this leading park’s future. This land acquisition will allow us to continue to develop this facility to its full potential.”

Recognized as one of the largest regional amusement parks in the Southeast United States, Carowinds features more than 50 rides, shows and attractions, including 13 world-class roller coasters, a 20-acre water park and an on-site 55-acre campground. New for 2011 was Snoopy’s Starlight Spectacular, a 3-acre night-time light and sound experience featuring Snoopy and the PEANUTS™ gang.

About Cedar Fair
Cedar Fair is a publicly traded partnership headquartered in Sandusky, Ohio, and one of the largest regional amusement-resort operators in the world. The Company owns and operates 11 amusement parks, six outdoor water parks, one indoor water park and five hotels. Amusement parks in the Company’s northern region include two in Ohio: Cedar Point, consistently voted “Best Amusement Park in the World” in Amusement Today polls, and Kings Island; as well as Canada’s Wonderland, near Toronto; Dorney Park, PA; Valleyfair, MN; and Michigan’s Adventure, MI. In the southern region are Kings Dominion, VA; Carowinds, NC; and Worlds of Fun, MO. Western parks in California include: Knott’s Berry Farm; California’s Great America; and Gilroy Gardens, which is managed under contract.

Judith Rubin
Judith Rubin
Judith Rubin ([email protected]) is a leading journalist, content marketing specialist and connector in the international attractions industry. She reports on design and technical design, production and project management, industry trends and company culture. From 2005-2020 she ran communications and publications for the Themed Entertainment Association (TEA). In 2013, she was honored with the TEA Service Award. She was development director of IMERSA and publicist for the Large Format Cinema Association, and has contributed to the publications of PLASA, IAAPA and the International Planetarium Society. Judith joined World’s Fair magazine in 1987, which introduced her to the attractions industry. She joined InPark in 2010. Judith earned a BFA from Pratt Institute. She has lived in Detroit, New York, Oakland, and now Saint Louis, where she is active in the local arts community.

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