An international and domestic logistics services company, Sanritsu Logistics will invest $9 million to open a new warehouse and manufacturing plant in Reidsville, North Carolina.
With its parent company is headquartered in Nagoya, Japan, Sanritsu Logistics is a third-party logistics company that supports multiple modes of logistics operations, from air cargo to ocean shipping to inland transportation. Sanritsu Logistics plans to operate a kitting service for manufacturers from the Reidsville location, a service that streamlines the combination of items into packages of finished goods that are then delivered to customers.
“We were looking for a location for our base in the U.S. where the dynamic infrastructure we need would be satisfied,” said Mitsuharu Tanaka, CEO of Sanritsu Logistics America. “Rockingham County in North Carolina provides the strategic infrastructure to meet our client needs and expectations. We are grateful for the utmost cooperation and support by the state of North Carolina’s Department of Commerce as well as the Economic Development Partnership, Rockingham County, and of course, the City of Reidsville for this bright opportunity. We look forward to expand our business and contribute to this society.”
N.C. Commerce and the Economic Development Partnership of N.C. were instrumental in supporting the company’s decision to locate in the state. As an incentive a performance-based grant of $50,000 from the One North Carolina Fund will help facilitate Sanritsu’s move into Rockingham County. The One NC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All One NC grants require a matching grant from local governments and any award is contingent upon that condition being met.
“Sanritsu Logistics joins a growing list of Japanese companies doing business in North Carolina,” said Commerce Secretary Anthony M. Copeland. “People around the world recognize North Carolina’s advantages as a business location.”
Governor Roy Cooper said, “Our dedicated workforce, strong business climate and robust transportation networks offer a winning combination for growing companies.”
“We’ve worked hard to bring North Carolina from 44th in the country to 12th in business tax climate rankings, and that effort has paid off with hundreds of thousands of new jobs. I appreciate the commitment Sanritsu Logistics has made to Rockingham County and our state by selecting our region for their new facility,” said Senate Leader Phil Berger. “We’re proud to see the new jobs and investment this global company is bringing to Reidsville.”
Partnering with the North Carolina Department of Commerce and the EDPNC on this project were the North Carolina General Assembly, the North Carolina Community College System, Rockingham County, the City of Reidsville, the Rockingham County Center for Economic Development, Small Business and Tourism, and the City of Reidsville Economic Development Department.