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Local Government
Maggie Valley Mayor Ron DeSimone Dies In Construction Accident PDF Print E-mail
Local Government
By Administrator   
Tuesday, 21 July 2015 05:30

RALEIGH, (SGRToday.com) - An accident at work site has taken the life of Maggie Valley Mayor Ron DeSimone. The mayor was a general contractor and, according to media reports, he fell at a building site on Friday.

Gov. Pat McCrory, a former mayor, expressed condolences in a statement, calling DeSimone "a tireless advocate for Maggie Valley" and a man who "will be remembered for the tremendous impact he left on the region."

DeSimone had served as mayor since being elected in 2011.

Last Updated on Tuesday, 21 July 2015 05:32
Durham Site Of Economic Development Announcement With Governor and Commerce Secretary PDF Print E-mail
Local Government
By Administrator   
Thursday, 16 July 2015 05:54

RALEIGH, (SGRToday.com) - Big economic news appears to be coming to Durham.

On Thursday, Gov. Pat McCrory and Commerce Secretary John Skvarla are scheduled to appear in Durham for what's dubbed an "economic development announcement."

The announcement is scheduled for 11 a.m., according to the governor's public schedule.

The event is open to credentialed press.

Jobs Watch: More Than 300 Jobs Slated For Mecklenburg County PDF Print E-mail
Local Government
By Administrator   
Monday, 13 July 2015 05:29

RALEIGH, (SGRToday.com) - Charlotte has snagged another regional headquarters. Dimensional Fund Advisors LP (Dimensional) will be locating its East Coast regional headquarters in Mecklenburg County, adding more than 300 jobs over the next five years.

The move will also bring a capital investment of roughly $105 million for acquiring property, building and outfitting a new office building.

The jobs will range from administrative support to key leadership positions. Salaries will vary, but average annual wages are projected to be $147,025. The average annual wage for the county is $59,882.

Dimensional is a Texas-based global investment company in business for 35 years.

The project was made possible in part by an award to Dimensional from the state Job Development Investment Grant (JDIG) program, as voted by the state Economic Investment Committee.  Receipt of the award is based on proof of job creation and other performance requirements. JDIGs are awarded only to new and expanding businesses and industrial projects whose benefits exceed the costs to the state and which would not be undertaken in North Carolina without the reimbursement.

Jobs Watch: Nutec to Construct New Huntersville Facility, Hire 60 Employees PDF Print E-mail
Local Government
By Administrator   
Friday, 10 July 2015 05:51

RALEIGH, (SGRToday.com) - North Carolina's manufacturing industry is gaining more jobs, thanks to a plan by Nutec to construct a new facility in Huntersville.

Over the next three years, the firm is expected to create 60 jobs as part of a $19.2 million expansion that includes a new 62,500 square foot plant.

 Nutec is headquartered in Monterrey, Mexico and operates plants around the world. It produces high temperature insulation fibers used in the fire protection, metal, glass, automotive and petroleum industries.

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $100,000. The One NC Fund provides financial assistance through local governments to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds.

These grants also require and are contingent upon local matches.


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