Right to Work North Carolina is always attracting new business as a result of the incredible Right to Work benefits. Two companies are planning on adding headquarters here. They are Metal Specialist and Precision Swiss Products. In addition, Red Bull is partnering with Rauch to add a new location as well. Companies that call North Carolina home are also constantly expanding. Elkay Manufacturing in Lumberton is one of them. Altogether, these companies will create 578 new jobs for North Carolina.
Read on to learn more about each business’s investment!
Metal Specialist is adding headquarters in Right to Work Wallace, North Carolina with a $2.9 million investment. This will then create 33 new jobs!
“We are excited to announce that Metal Specialist has made the deliberate decision to expand in rural North Carolina. […] North Carolina-based companies know that our resilient economy, our great quality of life and our skilled workforce will continue to support their growth trajectory.” […]
“As we celebrate Commerce’s 50th anniversary, the success of North Carolina’s small businesses and entrepreneurs, like the Metal Specialist company, has never been more important to our state’s economy. […] We will continue to invest in our workforce development system and work with our economic development partners to support local businesses and help attract more jobs and investment to rural North Carolina.”
AREA DEVELOPMENT MAGAZINE
Red Bull and Rauch are adding a new location in Right to work Concord, North Carolina with a $740 million investment that will also create 400 new jobs!
“Global manufacturers need a world-class workforce to support their expansion plans. […] In North Carolina, Red Bull and Rauch have chosen the largest manufacturing workforce in the Southeast and a resilient business climate with an excellent transportation infrastructure to support their long-term growth.” […]
Red Bull [expects] to grow the state economy by $279 million. Potential reimbursement of $1,008,000 spread over 12 years for 90 new jobs; Rauch will grow the state economy by $1.5 billion. Potential reimbursement of $3,057,000 spread over 12 years for 323 new jobs. […]
“We are excited to see the partnership that Red Bull and Rauch are creating here in North Carolina. […] Like this partnership, North Carolina’s success is supported by strong economic and workforce development partnerships, which will continue to attract growing companies that are creating good paying jobs and impactful investments statewide.”
AREA DEVELOPMENT MAGAZINE
Elkay Manufacturing is expanding soon in Right to Work Lumberton, North Carolina with a $5.5 million investment. This will also create 20 new jobs!
“We are blessed to be experiencing a period of significant business growth, with much of this product manufactured right here in our Lumberton facility. […] In order to support this expansion, we are moving our distribution function from the Lumberton facility to this new location[…]. Once the new distribution site is operational, we expect to be able to add manufacturing and distribution roles to our workforce to support our five-year growth strategy.” […]
“North Carolina’s advantages as a business location once again prove their merit. […] In addition to our excellent workforce, our state’s central, east coast location and strong road network offers companies like Elkay an ideal location from which to grow.”
AREA DEVELOPMENT MAGAZINE
Precision Swiss Products is locating headquarters in Right to Work Brunswick County, North Carolina with a $9.3 million investment. This will also create 125 new jobs.
“We are excited to have another innovative company choose North Carolina for its headquarters. […] With our premier quality of life, convenient location and most importantly, our diverse and highly-skilled workforce in Brunswick County, Precision Swiss Products has made a great decision to join our business community.” […]
“Companies continue to find confidence in North Carolina’s ability to support their strategic growth plans. […] The strength of our manufacturing economy, the productivity of the largest manufacturing workforce in the southeastern United States, and our dynamic workforce development partnerships are the right tools for an innovative company like Precision Swiss Products to succeed.”
AREA DEVELOPMENT MAGAZINE
To read the previous update on economic development in Right to Work North Carolina, click here.
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