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Local Government
JELD-WEN Charlotte Expansion Expected To Create 200 Jobs PDF Print E-mail
Local Government
By Administrator   
Friday, 04 November 2016 09:22

Charlotte, N.C. - Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) announced today that JELD-WEN anticipates it will add 200 jobs at its headquarters operations in Mecklenburg County. The global manufacturer of windows and doors is planning a new multi-million dollar corporate campus and training center in Charlotte.

“North Carolina’s outstanding business climate continues to attract new jobs and investment from global companies looking to sharpen their competitive edge,” said Governor McCrory. “This expansion by JELD-WEN speaks highly of our state’s great workforce and to the company’s confidence that it can recruit top executive-level talent here from around the world.”

Founded in 1960, JELD-WEN is one of the world’s largest manufacturers of windows and doors. The company designs, produces, and distributes an extensive range of energy-efficient doors, windows, and related products for use in residential and commercial buildings. The Charlotte-based company operates in 25 countries with 111 manufacturing facilities located primarily in North America, Europe, and Australia. JELD-WEN’s worldwide workforce totals more than 20,000 people. It currently employs more than 400 in North Carolina.

“Global companies need global connectivity, and North Carolina offers convenient access to both domestic and international markets,” said Secretary Skvarla. “Charlotte’s excellent air service, for example, puts JELD-WEN’s leadership team within easy reach of its operations around the world.”

The company plans to hire administrative, management, and other staff. Compensation will vary by job function, but the average annual payroll for the incremental jobs will be more than $15 million, plus benefits.

“JELD-WEN is investing in Charlotte because this vibrant city has so much to offer in the way of talent and amenities,” said Mark A. Beck, president and chief executive officer of JELD-WEN. “We appreciate the support provided through the state Job Development Investment Grant as well as local Charlotte Mecklenburg support and we look forward to strengthening our connection with this great community.”

JELD-WEN’s expansion in Charlotte will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Under the terms of the company’s JDIG, the company is eligible to receive up to $2.4 million in total reimbursements. Payments will occur in annual installments over 12 years pending verification by NC Commerce and NC Revenue that the company has met incremental job creation and investment targets. JDIGs reimburse new and expanding companies a portion of the newly created tax-base with the goal of increasing the overall tax benefit to the State of North Carolina. The state reimbursement is contingent upon local participation from Mecklenburg County and the City of Charlotte.

By law, JDIG projects must result in a net revenue inflow to the state treasury over the life of the award. In the case of JDIG-supported projects in Tier 3 counties such as Mecklenburg, 25 percent of the award is directed to the state’s Industrial Development Fund – Utility Account to help finance economic infrastructure in less populated Tier 1 and Tier 2 counties. JELD-WEN’s expanded operations could provide as much as $813,750 in new funds for the Utility Account. 

Numerous organizations joined North Carolina Commerce and the Economic Development Partnership of North Carolina in supporting JELD-WEN’s expansion. They include the North Carolina General Assembly, North Carolina Community College System, Mecklenburg County, the City of Charlotte and the Charlotte Chamber of Commerce.

 

 

 
100 Jobs Coming To Franklin County In K-FLEX Expansion PDF Print E-mail
Local Government
By Administrator   
Thursday, 03 November 2016 09:52
K-FLEX USA plans to nearly double in size with the expansion of its manufacturing operations in Franklin County. The company will create 100 new jobs and invest $45 million in its facilities and equipment over the next four years.
 
“This announcement by K-FLEX builds on North Carolina's legacy of leading the Southeast with the most manufacturing jobs,” said Governor Pat McCrory. “This is further evidence that global companies like K-FLEX can find the talent and business climate in North Carolina to expand and thrive.”
 
K-FLEX USA is a leading manufacturer of thermal and acoustic insulation, gaskets, seals and mats designed for buyers in the energy, construction, marine, automotive and athletics industries. K-FLEX USA is a unit of Italy’s IK Insulation Group, which makes and distributes a diversified portfolio of insulation products around the world. IK’s global operations employ 2,000 people. K-FLEX’s North Carolina workforce currently totals 195 full-time employees and contractors.
 
“We are excited to add to our manufacturing campus in Youngsville and look forward to continuing to be an active member in our community,” said Giuseppe Guarino, President of K-FLEX USA. “This new facility will ensure that K-FLEX USA can continue to meet the growing demand for our products in North America and around the world. We are grateful to Franklin County and the state of North Carolina for their support as we invest in our shared future.”
 
K-FLEX USA’s expansion adds 100 jobs at its Youngsville plant. Included among the new hires will be supervisors, skilled operators and maintenance technicians, among other personnel. While compensation will vary by position, the average yearly salary of K-FLEX’s new positions will be $49,100. Overall annual wages in Franklin County currently average $39,067.
 
“North Carolina’s manufacturing economy is diversified, and globally competitive,” said Secretary Skvarla. “Our appealing cost-structure and high-quality workforce align neatly with the long-range growth strategies of companies like K-FLEX, which is what makes North Carolina’s economy one of the fastest growing in the nation.”
 
K-FLEX’s expansion will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee today. Under the terms of the company’s JDIG, the company is eligible to receive up to $1.1 million in total reimbursements. Payments will occur in annual installments over 12 years pending verification by NC Commerce and NC Revenue that the company has met incremental job creation and investment targets. JDIGs reimburse new and expanding companies a portion of the newly created tax-base with the goal of increasing the overall tax benefit to the State of North Carolina. The state reimbursement is contingent upon local participation from Franklin County.
 
By law, JDIG projects must result in a net revenue inflow to the state treasury over the life of the award. For projects in Tier 2 counties such as Franklin County, 15 percent of the eligible grant is directed to the state’s Industrial Development Fund – Utility Account to help finance economic infrastructure in less populated counties. K-FLEX’s expansion could provide as much as $126,100 in new funds for the Utility Account. More information on county tier designations is available here. 
 
“Manufacturing lies at the heart of North Carolina’s economy,” said State Senator Chad Barefoot. “K-FLEX USA, and its success in Franklin County, exemplifies the innovative, responsive and entrepreneurial spirit of our state’s manufacturing community.”
 
“We are fortunate K-FLEX chose to nearly double in size right here at home,” said State Representative Jeff Collins. “We value this global company and its commitment to Franklin County and North Carolina.”
 
Numerous partners joined with N.C. Commerce and the EDPNC in supporting K-FLEX’s expansion. They include the North Carolina General Assembly, the North Carolina Community College System, N.C. Transportation, Franklin County and the Franklin County Economic Development Commission.
Last Updated on Friday, 04 November 2016 09:30
 
McCrory Offers Reward In Fayetteville Murder PDF Print E-mail
Local Government
By Administrator   
Tuesday, 01 November 2016 12:41
Governor Pat McCrory announced today that the state is offering a reward of up to $5,000 for information leading to the arrest and conviction of the person or persons responsible for the murder of Jahir Alexander Barrios.
 
On May 8, 2015, the Fayetteville Police Department responded to a report of shots fired at a residence on Torbay Drive in Fayetteville. Officers found 28-year old Barrios in the living room of the residence with multiple gunshot wounds. The investigation revealed an unknown subject knocked on the door of the residence and shot Barrios while he was standing in the doorway. The unknown shooter fled the scene on foot and left the area by unknown means.
 
Anyone with information concerning this case should contact the Fayetteville Police Department at (910) 433-1860 or the State Bureau of Investigation at (919) 662-4500.
 
Mafic USA to Create 113 Jobs in Cleveland County PDF Print E-mail
Local Government
By Administrator   
Tuesday, 01 November 2016 12:36
Governor Pa Mafic USA LLC will launch a 113-job manufacturing operation in Cleveland County. The advanced materials company plans to invest more than $15 million in a production facility in Shelby.
 
“Mafic USA brings an impressive track record of innovation and industry leadership to Cleveland County,” said Governor Pat McCrory. “Nothing speaks more powerfully to the quality of our workforce, market access and business climate than when a global company like Mafic chooses to invest and hire in North Carolina.”
 
Mafic USA is the U.S. unit of privately-held Mafic Inc. The parent company, founded in 2012 and based in Ontario, Canada, is a part of a global producer of continuous and chopped basalt fiber as well as long fiber thermoplastic resins. Mafic products are shipped to buyers in the automotive, aerospace, alternative energy and numerous other industries. The company currently produces its basalt fiber products in Ireland and its long fiber thermoplastic resins in Canada.
 
“We make things in North Carolina, so Mafic is a great fit,” said Commerce Secretary John Skvarla. “Manufacturing is among our largest industry sectors, accounting for nearly 20 percent of our gross domestic product, and it extends into every corner of our state.”
 
The company’s new operations in Shelby will employ skilled operators, engineers, sales staff and other personnel. The company’s presence will add nearly $3.6 million in annual payroll impact to the local economy.  
 
“We considered a number of locations across the U.S. for our first American manufacturing facility, said Mafic CEO Mike Levine. “North Carolina and Cleveland County had been under consideration from the start, due to its network of specialized suppliers and wide-range of potential B2B customers and strategic partners. What sealed the deal for us was the multifaceted support from all levels of government; the state, county and city. In particular, the Cleveland County Economic Development Partnership went way beyond what was expected.”
 
Mafic USA’s arrival in North Carolina was made possible in part by a performance-based grant of up to $225,000 from the One North Carolina Fund. The One NC Fund provides financial assistance in support of local governments in creating jobs and attracting economic investment. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for grant funds. All One NC grants require a local government match.
 
A $500,000 grant from the state’s Building Reuse Program, which provides grants to local governments for building renovations that lead to job growth, will also assist the company.  An outdated and abandoned building will now be converted into a modern state-of-the-art facility suited to Mafic’s very specific requirements.
 
“Cleveland County has become a hub for international manufacturers, and we appreciate Mafic USA joining our ranks with its first U.S. manufacturing facility,” said N.C. House Speaker Tim Moore. “Congratulations to the company and to all our economic development partners for their success in bringing 113 new jobs to our community.” 
 
"We welcome Mafic USA and the job opportunities it brings to Cleveland County,” said N.C. Senator Warren Daniel. “Their investment will bring valuable benefits to our community and economy.”
 
In addition to North Carolina Commerce and EDPNC, other key partners in the project include the North Carolina General Assembly, North Carolina Community College System, N.C. Rural Infrastructure Authority, Cleveland County, the City of Shelby, Duke Energy and the Cleveland County Economic Development Partnership.
Last Updated on Tuesday, 01 November 2016 12:51
 
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