Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced on Jan. 6 that InterFlex Acquisition Company, LLC will be expanding its operations in Wilkes County. The company plans to create 63 new jobs and invest more than $10.2 million during the next three years in Wilkesboro. The N.C. Department of Commerce’s Joe Holbrook was the developer on this project. InterFlex Acquisition Company, LLC is a manufacturer of flexible packaging products used primarily in the food industry. InterFlex has been …
Category: Business
Roxboro Awarded $175,000 Grant for Uptown Renewal Project
The N.C. Department of Commerce announced on Jan. 13 that Roxboro has been awarded up to $175,000 from the Main Street Solutions Fund for the Kirby Rebirth and Uptown Renewal project. “The Office of Urban Development’s Main Street Solutions Fund continues to work closely with communities across North Carolina,” said N.C. Commerce Secretary Sharon Decker. “We are pleased to provide direct support to small businesses in Roxboro’s Uptown District.” “We’re excited about this project for Roxboro,” said Office of Urban …
VGCC offers Securities Law seminar for Small Businesses
Vance-Granville Community College’s Small Business Center will present a free seminar to help entrepreneurs understand the rules about seeking investors on Wednesday, Jan. 29 from 9 a.m. until 11 a.m. in Room F131 at VGCC’s Franklin County Campus near Louisburg. The seminar, entitled “Raising Business Capital: FAQ’s for Entrepreneurs and Small Businesspersons,” will be conducted by John Maron of the Securities Division of the N.C. Secretary of State, the agency which administers state securities laws. As a general rule, when …
Electrolux Expanding North American Headquarters in Mecklenburg County
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced on Dec. 20 that Electrolux, a global leader in home and professional appliances, will expand its headquarters in Charlotte. The N.C. Department of Commerce’s David Spratley was the developer on this project. The company plans to create an additional 810 jobs in Charlotte by the end of 2017 and invest $85 million in its Mecklenburg County location. The project was made possible in part by an award from the state …
SBA Announces New Measures to Help Get Small Business Loans into the Hands of Veterans
The U.S Small Business Administration recently announced new measures to help get small business loans into the hands of veterans by setting the borrower upfront fee to zero for all veteran loans authorized under the SBA Express program up to $350,000. This initiative started on Jan. 1 and will continue through the end of the fiscal year. “Our nation’s veterans are highly-skilled and highly-trained leaders in their communities,” said Acting SBA Administrator Jeanne Hulit. “This initiative will set fees to …
Fiber Composites LLC to Expand in Stanly County
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced on Dec. 23 that Fiber Composites, LLC, doing business as Fiberon, will expand its Stanly County operations. The company plans to create 25 new jobs and invest $3.8 million during the next three years in New London. The N.C. Department of Commerce’s Martyn Johnson was the developer on this project. Fiberon is a manufacturer of composite and PVC decking, railing, and fencing products used in homes and light commercial construction …
Gas Valve Company to Create 37 Jobs in McDowell County
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced on Dec. 30 that Key Gas Components Inc. will be expanding its manufacturing operation in McDowell County. The company plans to create 37 new jobs and invest more than $2.2 million during the next three years in Marion. The N.C. Department of Commerce’s Bill Payne was the developer on this project. “Western North Carolina’s talented workforce continues to serve as a strong recruiting tool for existing and prospective companies,” said …
Italy-Based Nutkao to Create 56 Jobs in Nash County
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced on Dec. 19 that Nutkao USA Inc. will be locating its nut butter manufacturing operation in Nash County. The company plans to create 56 new jobs and invest more than $7.3 million during the next three years in Rocky Mount. The N.C. Department of Commerce’s Vivian Powell was the developer on this project. Nutkao USA Inc. is an international producer of nut-based spreads, creams, and fillings. It produces hazelnut butter …
Aluminum Boat Manufacturer to Create 200 Jobs in Onslow County
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced on Dec. 17 that Armstrong Marine Inc. is building a welded aluminum boat manufacturing operation in Onslow County. The company plans to create 200 jobs and invest more than $8.4 million at the new facility near Swansboro. The N.C. Department of Commerce’s Donna Phillips was the developer on this project. Armstrong Marine is a leading manufacturer of purpose-built welded aluminum boats, fire boats, dive boats, pilot boats, research vessels, interceptors …
NC Economic Development Board Wraps Up Strategic Plan Recommendations
The N.C. Economic Development Board convened on Dec. 11 to wrap up its six months of work on developing a 10-year Strategic Plan for economic development in the state. In addition to the research and planning of the board committees, N.C. Commerce Secretary Sharon Decker presented information gathered in a statewide survey during her listening tour across the state. Survey results were included in the draft strategic plan that Ted Abernathy, an economic development strategic planning consultant, presented. Detailed recommended …
USA InvestCo to Develop Cold Storage Project at Port of Wilmington
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker recently announced that USA InvestCo plans to create 100 jobs and invest more than $15 million in a new cold storage facility at the Port of Wilmington. The N.C. Department of Commerce’s Ken Allen was the developer on this project. The company is developing the Port of Wilmington Cold Storage facility, a 75,000-square-foot facility that will store locally produced pork, poultry, fruits and vegetables. PWCS could eventually be expanded to 300,000 …
Veteran-owned Solar Energy Company to Create 50 Jobs in McDowell County
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced on Dec. 17 that The Solar Connection will locate its manufacturing facility in McDowell County. The company plans to create 50 jobs and invest more than $500,000 over the next three years in Marion. The N.C. Department of Commerce’s Cindy Messer was the developer on this project. “North Carolina will continue to embrace an ‘all of the above’ approach to energy development,” said McCrory. “We applaud The Solar Connection, a …
FREE Seminar: Ten Steps to Starting a Small Business
Is your New Year’s Resolution to open a small business? If so, Vance-Granville Community College’s Small Business Center is here to help you. We offer free confidential counseling and seminars like the one listed below (flyer also attached): TEN STEPS TO STARTING A BUSINESS WHEN: TUESDAY, JANUARY 7, 2014 FROM 6-9 PM LOCATION: MAIN CAMPUS, BUILDING 7, ROOM 7136 INSTRUCTOR: JESS MCLAMB COST: FREE This seminar covers what you should know before you commit yourself and financial resources to starting …
Are Christmas lights good for restaurant business?
Last year, several Golden Corral restaurants tried an experiment: some franchise locations decorated outside with holiday lights while some didn’t. The company was surprised that the restaurants that had decorated had a 5 percent increase of sales. Fox News interviewed Senior V.P. of Franchising Bob McDevitt, who noted the importance of having the decorations done professionally (don’t just hang some lights) and reported that multi-colored lights outperformed white lights. About 50 locations are expected to participate this year and, while …
AIG to Create 230 Jobs in Charlotte
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that American International Group (AIG) will establish a technology center in Mecklenburg County. The company plans to create 230 new jobs in North Carolina by the end of 2017 and invest more than $5.5 million in Charlotte. Uconda Dunn served as the developer on the project for the N.C. Department of Commerce. “We’re proud of the financial and professional services cluster that has formed in the Charlotte region, …
High Tech Israeli Textile Manufacturer to Expand in Roxboro
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Spuntech Industries, Inc., a global spunlace manufacturing company based in Israel, will expand its operations in Person County. The company plans to create 60 new jobs and invest more than $35 million over the next three years in Roxboro. Anna Lea Moore served as the developer on the project for the N.C. Department of Commerce. “North Carolina continues to be a top choice for global companies looking to …
Governor McCrory Announces Appointments to the Rural Infrastructure Authority
The Office of Governor Pat McCrory announced the following appointments to the Rural Infrastructure Authority on Dec. 5: The Governor’s appointees Thomas S. Hester Jr. (Vance County) – Hester is the president of Prim Residential Rentals, Inc. He is the chairman of the Vance County Commissioners. Hester will hold an at-large seat on the board. Kevin Corbin (Macon County) – Corbin is the owner of Corbin Insurance Agency. He is the chairman of the Macon County Board of Commissioners. Corbin …
Walmart Distribution Facility to Create 450 Jobs in Alamance County, N.C.
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Wal-Mart Stores, Inc. will open a major perishable grocery distribution center in Alamance County. This facility will serve an estimated 123 Walmart retail stores across North Carolina and surrounding states. The company intends to create 450 jobs and invest more than $100 million over the next three years in Mebane. “North Carolina continues to be a top choice for companies looking to establish advanced distribution facilities,” said …
Assembly Systems Manufacturer to Create 38 High-Paying Jobs in Iredell County
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced on Dec. 6 that Weber Screwdriving Systems Inc. will locate its manufacturing operations in Iredell County. The company plans to create 38 high-paying jobs and invest more than $2.3 million over the next three years in Mooresville. The N.C. Department of Commerce’s Ron Leitch was the developer on this project. Since 1958, Weber Screwdriving Systems Inc. has provided assembly system solutions across highly demanding production environments. Their capabilities range from …
Food Manufacturer to Create 57 Jobs in Pitt County
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced on Dec. 4 that Natural Blend Vegetable Dehydration, LLC will open a manufacturing facility in Pitt County. The company intends to create up to 57 jobs and invest more than $12 million over the next three years in Farmville. The N.C. Department of Commerce’s Donna Phillips was the developer on this project. “Bringing manufacturing jobs to Eastern North Carolina is a priority for my administration,” said McCrory. “Companies like Natural …