Hamilton Drywall Products Locates Regional Headquarters in Monroe, North Carolina
The company will expand to a 98,000-square-foot manufacturing facility which will serve the company’s growing customer base in the eastern United States.
“We look forward to establishing a permanent base of operations in North Carolina and having a positive impact on the Monroe community,” said Mark Hamilton, General Manager of Hamilton Drywall Products. “We are thankful for the state and local support for this project and are excited to invest not only in future growth, but also in the people of Union County.”
As an incentive, a performance-based grant of $50,000 from the One North Carolina Fund will help facilitate Hamilton Drywall Products relocation. 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’s convenient proximity to lucrative consumer markets helps connect companies like Hamilton Drywall to their strategic goals,” said North Carolina Commerce Secretary Anthony M. Copeland. “Congratulations to the company and its employees on the success that has led to this significant expansion.”
In addition to the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina, other key partners in the project include the North Carolina Community College System, Union County Board of Commissioners, Monroe City Council, Monroe-Union Economic Development, and City of Monroe.
“Even during a pandemic, another manufacturer is choosing to expand their operations in North Carolina. Companies like Hamilton Drywall are confident in our workforce and our ability to manage the crisis, making our state a great partner for businesses that are growing,” said Governor Roy Cooper.
Hamilton Drywall Products manufactures a varied collection of compounds, textures, and metal trims that are distributed through dealers and national retailers.
Trends in Office and Industrial Parks
“Made in America” Executive Order to Affect International Companies and FDI
34th Annual Corporate Survey & the 16th Annual Consultants Survey
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Another Look at Rural Economies
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List