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.
United Protective Technologies (UPT), a specialty thin film coating and engineering company opened its doors for business in 2002 with only two employees in Mint Hill. After relocating to Locust in 2008, UPT has grown dramatically and now has fifty-nine employees, the majority of which reside in Stanly County. UPT also currently has office/lab space on the campus of UNC (CLT) and will be opening a location in Youngstown, Ohio set for 2023.
Albemarle, NC (Stanly County): Global Packaging Solutions, Inc. who provides quality short run flexible
packaging, pressure sensitive labels and folding cartons for clients in a wide variety of industries, will be
expanding its operations in Albemarle, NC and adding four (4) jobs and investing $1.5 million in machinery and equipment within the next 12 months.
Richfield, NC (Stanly County): Industrial Products, Conveyors & Drives, Inc., an industry leader in conveyor systems and replacement components in the southeast, has announced plans to expand its operations in Stanly County. The expansion will result in approximately $2.1 million in new taxable investments in real property improvements and machinery and equipment. The project will create twenty (20) jobs within five (5) years to expand their manufacturing, sales, and distribution facility.
New Jersey-based Custom Alloy Corporation plans to establish a manufacturing facility in Badin, NC, adding 40 jobs and $8.1 million in machinery and equipment within the next five (5) years.
Norwood Manufacturing, Inc, a subsidiary of Burnham Holdings, LLC plans to expand its existing facility in Norwood, NC and add five (5) new jobs and invest approximately $700,000 in machinery and equipment within the next three (3) years.
Long Island-based American Racing Headers plans to relocate their headquarters and manufacturing facility to Stanfield, NC adding 63 jobs and $4.375 million in real property improvements, machinery and equipment within the next five (5) years.
Auria Solutions, one of the world’s largest suppliers of automotive flooring, acoustics and other fiber-based products, will be expanding its operations in Albemarle, NC and adding 18 jobs and $1.66 million in machinery and equipment within the next 12 months.
North Carolina is Business Facilities’ 2020 State of the Year, the first time NC has earned BF’s top honor, which has been bestowed annually by the magazine since 2007.
“North Carolina has been a rising star on our radar for several years,” BF Editor in Chief Jack Rogers said. “The successful execution of a regional economic development strategy targeting a diverse group of growth sectors in North Carolina is reflected in the proliferation of top-ten results for NC in our state rankings.”
For the entire article, visit their website at: https://businessfacilities.com/2021/02/north-carolina-2020-state-of-the-year-rising-star-with-global-reach/
Global Products Group, a manufacturer and distributor of botanical products, will expand its North Carolina operations in Oakboro. Global Products Group (GPG) plans to create twenty (20) new jobs in Stanly County and invest $5,500,000 in the Oakboro facility.
Stanly County is excited to be featured in the September issue of Business View Magazine! Check out the article here.