Two rural North Carolina counties will see a total of 85 new jobs and $6.3 million in private investment from economic development projects with manufacturing companies in Cherokee and Stanly counties, Governor Roy Cooper announced today.
“Manufacturers know North Carolina is the place to grow thanks to our strong workforce, favorable business climate, and exceptional worker training,” Gov. Cooper said. “These new manufacturing positions will bring valuable job opportunities to help these rural communities thrive.”
In Cherokee County, TEAM Industries Andrews, Inc., an engineering-driven design and manufacturing company, will add 20 jobs and invest $3 million at its facility in Andrews. With the help of this grant, the company will renovate the facility it has occupied for the past 13 years.
TEAM Industries specializes in machining technically-difficult precision gears and components for various automotive, recreational, aerospace and agricultural industries. TEAM Industries has been in Andrews since 2005. Customers include Harley Davidson, Polaris Industries, Curtiss-Wright and Bombardier Recreational Products. This renovation will include upgrades to air conditioning that will allow TEAM Industries to better control critical processes and products.
In Stanly County, Quality Enclosures, Inc., a manufacturer of shower enclosures and tempered glass, will create 65 full-time jobs over four years at a new facility. The company will invest nearly $3.3 million to upfit a vacant building in Albemarle and open a high-tech tempering operation, shower door distribution center and national training center. The distribution center will service South Carolina, North Carolina, Virginia, Maryland and Delaware. The training center will host hands-on training for employees and customers from across the United States.
Performance-based grants from the One North Carolina Fund (OneNC) will help support these projects, with $50,000 going to the Cherokee County project and $150,000 going to the Stanly County project. OneNC provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All OneNC grants require a matching grant from local government and is contingent upon that condition being met.
For more details on these job announcements, visit the NC Commerce website.