Our Latest News

Good news travels fast, especially in Stanly County. Check out our latest headlines, events, new business relocations, and notable expansions. Have Stanly County Economic Development news you’d like to share. Let us know.

Community Close-Up: Stanly County

Mostly rural Stanly County is only a hop, skip and jump from the state’s most-populous city. It’s investing in a future that supports growing businesses and expanding population while protecting its natural and cultural wonders.

Business NC Daily Digest- Today’s Highlights

11.12.2024: “In 2024, we are proudly celebrating our 40th year of operation. Throughout our history, we have likened our organization’s growth and development to that of an individual. From navigating the ‘terrible twos’ and the volatile teenage years, through the challenges of young adulthood, we have now reached a stage of maturity at 40. Our financial results this year reflect this organizational maturity, as we experience one of the best growth and performance periods in our history.”

Quality Enclosures to Expand Albemarle, NC Facility

Albemarle, NC (Stanly County): Sarasota, Florida-based Quality Enclosures announced today that it will be expanding its facility in Albemarle by creating approximately thirty-six (36) new jobs within the next five (5) years and investing $1.475 million in real and business personal property.

Governor Cooper Announces Eight Grants to Rural Communities to Attract 120 New Jobs and over $365 Million in Private Investment

Stanly County: A $90,000 grant will support the 4,000-square-foot expansion of an existing building in Locust. The building is currently occupied by Flextol, a family-owned company that specializes in fabrication of jacketed valves, pipe flexible metal hoses, and PTFE (polytetrafluoroethylene) hose and expansion joints. The company expects to create 11 jobs and invest $329,645 in this project.

O.B. Builders to Relocate to Stanfield, NC

Stanfield, NC (Stanly County): O.B. Builders has selected Riverstone Industrial Park in Stanfield, North Carolina to construct a new manufacturing facility. The project will create eleven (11) new jobs in addition to relocating forty-seven (47) employees and will generate over $6.7 million in new taxable investment over the next five (5) years

CT Commercial Paper to Expand Oakboro, NC Facility

Oakboro, NC (Stanly County): CT Commercial Paper Company, LLC, a full-service tissue and towel converter,
announced it will be expanding its production operation in Stanly County. Founded in 1999, CT Commercial
Paper operates three facilities in Stanly County, and plans to invest over $1,500,000 in machinery and
equipment and create eight (8) new jobs at its South Main Street location in Oakboro.

New Finish to Expand Norwood, NC Facility

Norwood, NC (Stanly County): New Finish, Inc. a powder and e-coating, sandblasting, and painting service provider, will be expanding its facility in Norwood by creating approximately twenty (20) new jobs within the next five (5) years and investing $3.5 million in real property and machinery and equipment.