Elkamet Inc. will invest more than $2.5 million to expand its manufacturing plant in East Flat Rock, North Carolina, with plans to create 20 jobs in Henderson County during the next three years.
The firm, which produces extruded profiles from industrial polymer materials for the automotive industry and PA/PE/XPE tanks for fuel and hydraulic systems used in utility vehicles and motorcycles, currently employs 54 full-time workers in western North Carolina.
“The consideration of our East Flat Rock location for this project is based on a very committed and fast-learning workforce out of Henderson County,” said Artur Bitner, Plant Manager, Elkamet Inc.
“We are continuing to make North Carolina a destination to grow a business through jobs-friendly economic policies,” said Governor Pat McCrory.
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $24,000. 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.