Jobs Watch: $28.7 Milllion Investment Coming To Union County PDF Print E-mail
Local Government
By Administrator   
Tuesday, 03 March 2015 05:41

RALEIGH, (SGRToday.com) - Scott Technologies, Inc. is expanding its commitment to Union County. The company will invest $28.7 million in Monroe over the next five years, supporting 67 new jobs at the location.

Scott Safety is headquartered in Monroe and is a premier manufacturer of innovative respiratory and personal protective equipment and safety devices for firefighters, industrial workers, police squads, militaries, homeland security forces, and rescue teams around the world.

The company employees more than 500 in Monroe already. The update will touch infrastructure and machinery.

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $150,000. 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 the reimbursement.  The One NC Fund also requires and is contingent upon local matches.

 
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