idX Impressions Invests $3 Million To Expand Its Washington, North Carolina, Manufacturing Plant
Area Development Online News Desk (09/05/2013)
A company that builds store fixtures for companies, idX Impressions, will invest $3 million to expand its manufacturing operations in Washington, North Carolina, and nearly double its workforce to create 159 jobs over the next three years in Beaufort County.
“idX looks forward to expanding our presence in Beaufort County,” said idX CEO Terry Schultz. “The North Carolina facility will offer idX a strategic location to increase our manufacturing and distribution capability, and better serve our customers. The expanded facility will be part of idX’s global network that includes 18 locations, and more than 1,500 employees.” The company currently employs 84 workers in Washington, North Carolina.
“Our administration is continuing its focus on developing the manufacturing industry and emphasizing eastern North Carolina as a strategic location for growth,” said Gov. Pat McCrory. “We welcome the expansion of idX Impressions here in Beaufort County.”
“Companies like idX Impressions are contributing to an increasing trend of job growth throughout rural North Carolina,” said Secretary Sharon Decker. “It’s time for a bold, focused, comprehensive approach to economic development that will improve the economic health of North Carolinians in all 100 counties.”
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $300,000. 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, North Carolina State University-IES, Beaufort County, the Northeast Commission, and the City of Washington.