LabCorp, based in Burlington, North Carolina, will hire 350 employees after spending $4 million to consolidate its billing operations. Most of the new employees will be hired at the company’s Greensboro, North Carolina facility. LabCorp will receive a $275,000 grant from the One North Carolina Fund. The City of Greensboro contributed $373,000 in grants to [...]
Continue reading...Wednesday, December 16, 2009
With help from a grant from the One North Carolina Fund, appliance maker Electrolux is building a new North American headquarters in Charlotte, North Carolina. The company expects to create a minimum of 738 new jobs over the next five years as a result of the new facility. The announcement was made today [...]
Continue reading...Monday, November 2, 2009
Palziv, an Israeli foam manufacturing company, is investing nearly $8 million into a North American headquarters and manufacturing facility to be located in Franklin County, North Carolina. 72 jobs, paying an average of $34, 167 plus benefits will be created. The facility, which is being built with help from the One North Carolina [...]
Continue reading...Tuesday, October 27, 2009
Buoyed by incentives from the One North Carolina Fund, financial tech company Fiserv is opening a customer care center in Hickory, North Carolina. The state is providing $800,000 in incentives and the company will invest $4.9 million over the next three years. The company expects to employ 300 people by late next year [...]
Continue reading...Friday, September 25, 2009
With the help of a $250,000 grant from the One North Carolina initiative, Townsend, inc. plans to expand its operation in Davie County, North Carolina. The company, which produces and markets poultry products, will create 103 new jobs and invest $700,000 in the expansion. Townsend already employs 1500 people in North Carolina. This expansion [...]
Continue reading...Friday, July 17, 2009
New York’s Yale Industrial Products will invest $3 million in its Wadesboro, North Carolina plant, creating 65 new jobs. The company will get a $116,000 state grant through the One North Carolina Fund. The new jobs will pay an average $37,000 a year, significantly higher than the Anson County average wage of $28,000. Yale Industrial Products is a [...]
Continue reading...Wednesday, July 8, 2009
St. Louis, Missouri’s Alpha Incorporated will open a plastic packaging factory in Raeford, North Carolina, creating 40 jobs in three years. The firm will invest $7.2 million in the project, and receive a $120,000 grant from the One North Carolina Fund. The plant will manufacture plastic bottles for shampoo, conditioners and body wash products. Alpha Incorporated manufactures high-quality [...]
Continue reading...Thursday, July 2, 2009
Baldor Electric will expand its Weaverville, North Carolina plant, creating 32 jobs. The firm has been offered $64,000 in One North Carolina Fund incentives, and will invest $4.8 million itself into the expansion. The jobs will pay an average of $42,000 per year. Fort Smith, Arkansas-based Baldor Electric Company markets, designs, and manufactures industrial electric motors, mechanical [...]
Continue reading...Thursday, June 4, 2009
Ethan Allen Interiors will expand its Maiden, North Carolina upholstery plant, creating 300 new jobs over three years. The furniture manufacturer will replace 150 jobs lost in recent layoffs, and add 152 new positions. The firm received incentives from the One North Carolina Fund. Danbury, Connecticut’s Ethan Allen Global is a North American furniture chain with almost 300 [...]
Continue reading...Friday, May 22, 2009
The state of North Carolina is awarding $75,000 in incentives to Arkansas’ Baldor Electric, to create 25 jobs in Marion. The jobs will have an average annual wage of $34,000. Baldor currently employs 100 in Marion. Fort Smith, Arkansas-based Baldor Electric Company markets, designs, and manufactures industrial electric motors, mechanical power transmission products, drives, and generators. It [...]
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Friday, February 12, 2010
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