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Advance Auto Parts Will Move Corporate Headquarters To Raleigh PDF Print E-mail
Local Government
By Administrator   
Monday, 10 December 2018 11:19

Advance Auto Parts, Inc., (NYSE: AAP) will designate Raleigh as its corporate headquarters and expand operations in Wake County by adding up to 435 new jobs over five years, Governor Roy Cooper announced today. These roles will enable the company to add value for customers and shareholders and enhance its omnichannel business. Advance’s long-term integration plans and continued development of technology, eCommerce and digital platforms will be led in large part by teams based in Raleigh.

“We all know that North Carolina is a great place to live, but it takes much more than that to attract a headquarters like Advance Auto Parts,” said Governor Cooper. “Advance is expanding its technology, data analytics and eCommerce capabilities in North Carolina because we have the talent, training opportunities, education system and industry expertise to make this venture a success.”

Advance provides aftermarket automotive parts to professional installers and do-it-yourself customers. As of October 2018, Advance operated nearly 5,000 stores in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The company also serves more than 1,200 independently owned Carquest branded stores. Advance currently has more than 2,900 full-time employees in North Carolina, including over 700 based in its existing offices in Raleigh.

“This is a great day for Advance Auto Parts and the beginning of an exciting new chapter in our company’s history here in North Carolina,” said Tom Greco, President and CEO, Advance Auto Parts. “Our industry and our company are in the midst of a major technology and business transformation. We are making considerable progress in these efforts. Following a thorough review of options, North Carolina’s deep bench of information technology and software development talent was a key driver of our decision.”

This project is an expansion of the company’s existing corporate functions, and the majority of roles will be focused on technology, data analytics and eCommerce, among others. Salaries for the new jobs will vary by position and experience with the average salary above the current Wake County average. Once all positions are filled, the annual payroll impact will be more than $46 million.

“When a company with existing operations in North Carolina decides to expand here, it’s a testament to the talent, business climate and community they’ve found here,” said North Carolina Commerce Secretary Anthony M. Copeland. “Advance’s expansion includes a headquarters designation, and that raises our state’s profile as a smart choice for a corporate home.”

The North Carolina Department of Commerce and the Economic Development Partnership of N.C. (EDPNC) led the state’s support for the company’s selection.

The Advance Auto Parts headquarters location in Wake County will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Over the course of the 12-year term of this grant, the State expects the project will grow the state’s economy by an estimated $1 billion. Using a formula that accounts for the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $9,380,250 spread over 12 years. State payments only occur following performance verification by the Departments of Commerce and Revenue that the company has met its incremental job creation and investment targets. JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grant’s reimbursement payments to a given company.

Because Advance chose to designate its corporate headquarters in Wake County, classified by the state’s economic tier system as Tier 3, the company’s JDIG agreement also calls for moving as much as $3.1 million in new tax revenue generated through the grant into the state’s Industrial Development Fund – Utility Account. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. Even when new jobs are created in a Tier 3 county such as Wake, the new tax revenue generated through JDIG grants helps more economically challenged communities throughout the state. 

“Advance Auto Parts has been a strong corporate partner in Raleigh, and this expansion in both size and capability is great news for our workforce and the technology and digital services industry in our community,” said N.C. Senator Dan Blue “We are extremely proud to welcome Advance’s headquarters here and continue our partnership.”

“Advance Auto Parts chose Raleigh because of our IT and software talent,” said N.C. Representative Yvonne Lewis Holley bers%2FviewMember.pl%3FsChamber%3DHouse%26nUserID%3D650> . “An announcement like Advance’s expansion here takes coordination and hard work from many local and state groups, and I thank the many hardworking people who came together to make sure Advance will not only stay in Raleigh but make our community its corporate home.

Partnering with N.C. Commerce and the EDPNC on this project were the North Carolina General Assembly, the North Carolina Community College System, Wake County, the City of Raleigh, Wake County Economic Development, the City of Raleigh Office of Economic Development and Innovation, the Raleigh Chamber, Capital Area Workforce Development Board and Wake Technical Community College.

 

Last Updated on Monday, 10 December 2018 11:20
 
Cascades Will Expand In Scotland County PDF Print E-mail
Local Government
By Administrator   
Monday, 10 December 2018 11:16

RALEIGH: Cascades Holdings U.S., Inc. (Cascades) has selected Scotland County for a significant expansion of its operations. The company will invest $58 million and create 66 new jobs over two year. 

“International manufacturers like Cascades are thriving in North Carolina,” said Governor Roy Cooper. “Our state’s global reputation attracts new investments and jobs because companies know North Carolina’s skilled industrial workers will help them succeed here. These new jobs are an extra welcome boost for an area working to recover from Hurricane Florence. ”

Founded in 1964, Cascades offers sustainable, innovative and value-added packaging, hygiene and recovery solutions. The company employs 11,000 people across a network of over 90 facilities in North America and Europe. Their headquarters are located in Kingsey Falls, Canada. The company’s Tissue Group division, the fifth-largest tissue producer in North America, manufacturers, converts and markets a wide variety of paper products, such as hand towels, bathroom and facial tissue, and napkins. Cascades also has facilities in Richmond and Lenoir counties.

Jean Jobin, Cascades Tissue Group President and Chief Operating Officer said, “Modernizing and adding equipment to the Wagram plant will help improve Cascades’ product offering by allowing to provide superior quality products, benefit from the latest technology to provide our customers with new, innovative products and creating additional capacity to meet future need of our customers. It is a strategic investment that will solidify our presence in Southeastern United States and strengthen our ability to offer nationwide coverage for our customers.”

“North Carolina continues to win the confidence of manufacturers,” said North Carolina Commerce Secretary Anthony M. Copeland. “It’s particularly gratifying to see a company that’s already here choose to expand, based on our business environment and their own positive experience of doing business in North Carolina.”

The North Carolina Department of Commerce and the Economic Development Partnership of N.C. (EDPNC) led the state’s support for the company’s expansion.

Cascades will add a variety of positions with this expansion, including production operators, maintenance, and logistics personnel. Total payroll impact for the new jobs will top $3.1 million annually.

Cascades’ expansion in Scotland County will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Over the course of the 6-year term of this grant, the project will grow the state’s economy by an estimated $143 million. Using a formula that takes into account the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $468,000, spread over 6 years.  State payments only occur following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets.  JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grant’s reimbursement payments to a given company.

“North Carolina is home to many international companies like Cascades,” said N.C. Senator Tom McInnis. “We’re proud to see the new jobs and investment this global company is bringing to Scotland County.”

“Many economic development partners worked together to bring this investment to our region,” said N.C. Representative Garland Pierce. “These community partners will continue to collaborate with Cascades to help the company succeed now and for many years to come.”

Partnering with the North Carolina Department of Commerce and the EDPNC on this project were the North Carolina General Assembly, the North Carolina Community College System, Scotland County, and the Scotland County Economic Development Corporation.

 

Last Updated on Monday, 10 December 2018 11:17
 
Universal Preserv-A-Chem Will Create 39 Jobs and Invest $17 Million in Mebane PDF Print E-mail
Local Government
By Administrator   
Monday, 10 December 2018 11:11

Global Ingredient Supplier Selects Alamance County for New Distribution Center

 

Universal Preserv-A-Chem Will Create 39 Jobs and Invest $17 Million in Mebane

 

RALEIGH: Universal Preserv-A-Chem, Inc. (UPI) has selected Mebane as the new location for its natural ingredients and chemical supply business, creating 39 jobs, Governor Roy Cooper announced today. The company plans to invest $17 million in Mebane with the project.

 

 

 

 

“Communities like Mebane attract manufacturing companies and their suppliers because of North Carolina’s strong transportation infrastructure and experienced workforce,” said Governor Cooper. “UPI will be well positioned to grow and add to Alamance County’s manufacturing and distribution industry."

 

 

 

 

“We are very excited about making Mebane the new home for our state-of-the-art distribution center. This move will allow UPI to continue to provide world-class customer service with on time delivery and competitive pricing, as well as exceed conventional industry standards as one of the world’s premier distributors of natural ingredients and chemicals for the food, cosmetic, pharmaceutical and industrial trades,” said Daniel Ravitz, President of UPI.

 

 

 

 

UPI provides raw materials and ingredients to many industries, including personal care, food and beverage, flavor & fragrance, pharmaceutical, industrial manufacturing and sport nutrition. UPI was established in 1967 and now has 4,000 different product offerings and global partnerships with leading ingredient manufacturers. UPI’s planned cGMP, ISO9001 facility in Mebane will provide temperature controlled warehousing, distribution, bulk storage and USP, FCC white room kosher repackaging of products in addition to quality control and laboratory analytical testing to assure product quality.

 

 

 

 

“UPI’s relocation to Alamance County brings more than the 39 positions employed at this facility,” said Commerce Secretary Anthony M. Copeland. “This project includes significant renovation and investment and positions Alamance to attract more manufacturers by growing the supply chain for a multitude of industries.”

 

 

 

 

N.C. Commerce and the Economic Development Partnership of N.C. were instrumental in supporting the company’s decision to locate in the state.

 

 

 

 

Salaries for the new position will vary. Once all positions are filled, the average salary is expected to be $42,224, above the Alamance County average salary of $40,024.

 

 

 

 

A performance-based grant of $75,000 from the One North Carolina Fund will help facilitate UPI’s move to Alamance County. The One NC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All One NC grants require a matching grant from local governments and any award is contingent upon that condition being met.

 

 

 

 

“Mebane’s infrastructure, industrial real estate options and talent attracted UPI, and I know it’s these qualities that will help them succeed,” said N.C. Senator Rick Gunn.

 

 

 

 

“I am proud to welcome UPI to Mebane and look forward to growing our partnership and succeeding together in Alamance County,” said N.C. Representative Stephen M. Ross.

 

 

 

 

In addition to North Carolina Commerce and the Economic Development Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, the North Carolina Community College System, the Alamance County Area Chamber of Commerce, Alamance County and the City of Mebane.

 

 

 

 

About UPI: Universal Preserv-A-Chem, Inc. is a second-generation family owned wholesale chemical distributor and specialty manufacturer of chemicals and natural ingredients. For over 55 years, family leadership and vision has enabled UPI to become one of the leading providers of chemicals and natural ingredients throughout North America. For any & all inquiries on this project please contact Daniel Ravitz at 848-230-3938 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it . See upichem.com <http://click.icptrack.com/icp/relay.php?r=38109465&msgid=442544&act=E9NM&c=1346310&destination=http%3A%2F%2Fwww.upichem.com%2F>  for additional information.

 

 
Forsyth County Employees Raise $22k For United Way PDF Print E-mail
Local Government
By Administrator   
Wednesday, 21 November 2018 10:36

Forsyth County employees raised $22,000 for the United Way of Forsyth County during a month-long United WeCare campaign in October.

County employees contributed through pledging money, which often involved them setting an amount per paycheck to go to the non-profit. They also contributed through county-wide or department-wide fundraisers.

County departments created their own fundraising events. They included paying to wear jeans to work, donation cans, raffles, a silent auction, candy jars, bake sales, a soup lunch and a chili cook off. The campaign ended with the United Way Oktoberfest celebration, held on Oct. 31, which featured costume contests, food trucks and live music.

United Way of Forsyth provides funding for various local non-profits like the YMCA, Experiment in Self-Reliance, Family Services, Salvation Army, Community Care Center, American Red Cross and the YWCA. Contributing to the United Way has become an annual tradition that lets county employees help the community.

“The county is invested in giving back to community organizations,” said Shontell Robinson, the county’s Human Resources director.

United Way is one of only two organizations the county participates in fundraising campaigns for, the other being the Arts Council of Winston-Salem and Forsyth County.

Last Updated on Wednesday, 21 November 2018 11:17
 
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