Consultants Forum FacilityLocations FastFacility Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

CBC Americas Locates U.S. Headquarters In Wake County, North Carolina

04/22/2015
CBC AMERICAS Corporation will locate its U.S. headquarters in the Wake County city of Cary, North Carolina. The company will also open a distribution center in Mebane, a city in Alamance County. The move will create 67 new jobs in Wake County and 29 new jobs in Alamance County over the next five years. The company plans to invest at least $3.5 million in its project.

A wholly owned subsidiary of the Japan-based CBC Co. Ltd., CBC AMERICAS is part of a global network of import, export, trading, and distribution companies, strategically located throughout the world. CBC AMERICAS Corp. is comprised of six business divisions: Imaging Technology, Optics, Chemicals & Pharmaceuticals, Flooring, Plastics and Eco-Energy. The company specializes in security solutions, chemicals and pharmaceuticals, renewable energy technology and video surveillance products.

“CBC AMERICAS extends its deepest appreciation to the towns of Cary and Mebane, Wake and Alamance counties and of course the state of North Carolina for their support and cooperation in this corporate relocation,” said Kazuhiko Kondo, CEO/Executive Vice President “North Carolina will provide CBC with the economically rich environment so we can continue to thrive while providing the state with secure well-paying jobs and tax revenues. Our employees will benefit from the educational resources and cultural and leisure activities that North Carolina has to offer.”

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $63,000. 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.

“CBC AMERICAS is a welcome addition to our thriving community of Japanese businesses in North Carolina,” said Governor Pat McCrory. “North Carolina continues to gain a global reputation as a great location for international businesses.”

“CBC AMERICAS will join North Carolina’s diverse economy made up of companies from all over the world,” Commerce Secretary John E. Skvarla III said. “Foreign direct investment continues to be an important piece of North Carolina’s economic future and we gain a United States headquarters.”

In addition to the N.C. Department of Commerce and the Economic Development Partnership of N.C., other partners that helped with this project include: North Carolina Community College System, Capital Area Workforce Development, Regional Partnership Workforce Development, Elon University, Meredith College, North Carolina State University, North Carolina Japan Center, the Town of Mebane, Alamance County, the Cary Chamber of Commerce, the Town of Cary and Wake County Economic Development.

Article Discussion

Follow Area Development

Share