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 [...]
Continue reading...Thursday, May 21, 2009
Morganton Pressure Vessels will expand in North Carolina’s McDowell County, creating 43 jobs. The firm has received a $129,000 One North Carolina Fund grant. MPV is moving from Burke County, where it operated in a smaller facility. The new jobs will average $28,000 plus benefits. Connellys Springs, North Carolina’s Morganton Pressure Vessels LLC is a wholly owned subsidiary [...]
Continue reading...Friday, May 15, 2009
Henkel will add 103 jobs to its glue factory in Salisbury, North Carolina. The company will merge its out-of-state operations into the Salisbury plant, which currently employs 81. The new jobs will pay $55,000 annually, plus benefits. Henkel is getting a $206,000 grant from the One North Carolina Fund. Henkel AG is an international company headquartered in Düsseldorf, [...]
Continue reading...Thursday, April 23, 2009
Nonni’s Foods will spend $27 million to build a commercial bakery in Yadkinville, North Carolina, after the state offered the firm a $300,000 One North Carolina Fund grant. Local governments will toss in a matching $300,000. The company must create 172 jobs in three years in order to collect the grant money. The average salary will be [...]
Continue reading...Tuesday, April 21, 2009
The State of North Carolina has given Missouri’s MiTek $28,000 to create 29 jobs through an expansion in Edenton, population 5,400. The new jobs in Edenton come from South Carolina and Indiana, and will pay an average wage of $26,000. The Berkshire Hathaway subsidiary will invest $2 million in the Chowan County expansion over the next three [...]
Continue reading...Tuesday, April 7, 2009
North Carolina Governor Bev Perdue has announced that Stonewall Packaging is building a new plant in Sylva to produce recycled cardboard packaging. The company will invest more than $16 million to renovate and modify a vacant mill, creating 61 jobs in Jackson County. The deal was made possible in part by a $200,000 grant from the One [...]
Continue reading...Thursday, April 2, 2009
Residential building product manufacturer Ply Gem will cut over 160 jobs. Ply Gem, based in Cary, North Carolina, said it will cut 140 jobs at its vinyl siding manufacturing facility in Kearny, Missouri. The company also will close a Tupelo, Mississippi window and door manufacturing plant, which employs 23. Ply Gem will consolidate production of window lineals at [...]
Continue reading...Friday, March 13, 2009
Foam & Steel Technology Associates will open a new manufacturing plant in Littleton, North Carolina, creating 105 jobs over the next three years. The company, a manufacturer of pre-engineered steel and foam panels, will invest $2.5 million. The 105 new jobs will pay an average of $28,700, not including benefits. Virginia-based Foam & Steel will get a [...]
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Friday, May 22, 2009
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