Cherryville, population 6,000, is located in northwest Gaston County. The name derives from cherry trees planted along the railroad tracks. Engineers soon called the settlement Cherryville. Early economy centered around agriculture. Eventually the town became a center of textiles and transportation. In 1932, Carolina Freight Carriers Corporation began business there, becoming one of the country's ten largest motor carriers. It once employed over two thousand residents. However, the company was sold in 1995, and the jobs were lost. Current plans to revive the economy include an equestrian center, an area for sports and concerts, and revitalization of the downtown area. Cherryville's history is preserved in the C. Grier Beam Truck Museum, Heritage Park, and Cherryville Historical Museum.