Lee Controls Invests $2.46 Million To Establish Operations Center In Brunswick County, North Carolina
Area Development Online News Desk (09/06/2013)
Lee Controls, LLC will invest $2.46 million to locate its manufacturing plant and headquarters operations near Southport, North Carolina in Brunswick County, with plans to create 77 jobs over the next three years.
As a manufacturer of round rail products the company produces precision linear motion components, including linear precision balls, ceramic, and Teflon bearings, pillow blocks, and accessories such as carriage locks, carriage plates, and ball screws.
“North Carolina’s overall lower cost of doing business was a major reason why Lee Control chose to relocate to Brunswick County,” said Glen Michalske, President of Lee Controls. “We applaud the State’s recent tax reform, which allows us to reinvest in our employees and the future growth of our business. We are delighted to join the North Carolina community.”
“This project demonstrates how reforming the tax code can become an important tool for economic development,” said Gov. Pat McCrory. “We welcome Lee Controls to our state and look forward to seeing more products made right here in North Carolina.”
“North Carolina has the highly-skilled workforce that companies need to be competitive in a global economy,” said Sharon Decker, North Carolina Secretary of Commerce. “Lee Control’s decision to locate in Brunswick County will provide much-needed employment opportunities for this region in North Carolina.”
The project was made possible, in part, by a performance-based grant from the One North Carolina Fund of up to $40,000. 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, Brunswick County Economic Development Commission, Brunswick County and the City of Southport.