InterFlex Acquisition Company Invests $10.2 Million To Expand Its Wilkesboro, North Carolina, Manufacturing Center
Area Development Online News Desk (01/06/2014)
A manufacturer of flexible packaging products used primarily in the food industry, InterFlex Acquisition Company will invest more than $10.2 million to expand its North American division headquarters and operations center in Wilkesboro, North Carolina, with plans to create 63 new jobs in Wilkes County during the next three years.
“Interflex has been a long-standing corporate citizen of Wilkesboro and is pleased to call Wilkesboro our headquarters. The efforts of the local and state governmental agencies to support the further long-term growth and development of our business were instrumental in our decision to expand our operations in Wilkesboro,” said Jeff Zeber, Senior Vice President of Interflex. “ We look forward to a continuing mutually beneficial relationship between Interflex and its community and governmental partners.”
“Our administration remains focused on expanding partnerships with existing North Carolina businesses like InterFlex,” said Gov. Pat McCrory. “Wilkesboro and InterFlex will benefit greatly from this major expansion.”
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $180,000. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches.
Other partners that helped with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Wilkes Economic Development Corporation, Wilkes County and the town of Wilkesboro.