Select Products Holdings, a manufacturer of tissue products, will invest $4 million and create 73 jobs at its new manufacturing center in Vance County, North Carolina.
The company will establish a wholly owned subsidiary, Select Tissue of North Carolina to operate its Vance County facility.
“We are excited about the opportunity in Vance County and Henderson. We found the perfect storm of creative economic incentives, a ready potential workforce, and an excellent building in our target geographic region,” said Nick Galante, CEO, Select Products Holdings. “Select had investigated over 100 sites in Maryland, Virginia, West Virginia in addition to North Carolina and the positive combination of factors resulted in the Henderson project.”
The North Carolina Department of Commerce led a team of partners in supporting Select’s decision to establish operations in the state, where the company’s 73 new jobs will come with salaries averaging $40,152 per year.
A performance-based grant of $350,000 as an incentive from the One North Carolina Fund will help facilitate Select’s expansion in Vance 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.
“North Carolina continues to attract modern manufacturers even in these turbulent times brought on by the coronavirus pandemic,” said Commerce Secretary Anthony M. Copeland. “Our workers are resilient and productive, and smart companies recognize North Carolina’s enduring strength as a business location.”
Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina General Assembly, the North Carolina Community College System, Duke Energy, Vance-Granville Technical Community College, Vance County, the City of Henderson, and the Henderson-Vance Economic Development Commission.
With headquarters in Huntington, New York, Select Products Holdings produces bath tissue, paper towels, facial tissue, and napkins in facilities in Huntington, New York and Vandling, Pennsylvania. The company supplies private label tissue products to a wide range of leading consumer retailers from your local grocery story to the national big box stores.