Fab-Con Machinery Development Relocates-Plans Salisbury, North Carolina, Production-Headquarters
10/21/2022
The 90,000 square-foot facility will serve as the company’s global headquarters as well as its machine manufacturing, administration, and sales operations.
“We are eager to start our manufacturing operations in North Carolina, and we look forward to benefiting from the strong workforce,” said Chris Snyder, Vice President of Fab-Con Machinery Development Corp. “By relocating to North Carolina, Fab-Con will be more competitively positioned to operate at a lower cost. Several recently obtained U.S. and E.U. patents have given us a strong competitive advantage over our competitors both domestically and internationally. We appreciate the support of the economic developers and local and state officials for making this a reality.”
A performance-based grant of $50,000 from the One North Carolina Fund will help with the expansion. 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 matching participation from local governments and any award is contingent upon that condition being met.
“Fab-Con is joining the largest textile mill industry in the nation,” noted N.C. Commerce Secretary Machelle Baker Sanders. “Advanced manufacturers continue to innovate their operations to work faster and increase productivity, and North Carolina has the research institutions and workforce development partnerships to help provide the educated workforce to support that work.”
Serving the knitwear industry for more than five decades, Fab-Con designs, builds, and exports finishing machines for men’s, women’s, and children’s clothing, outerwear, and underwear. The company has a global footprint that supports a major market share of more than 200 customers in Asia, and North, South, and Central Americas.
Joining the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina (EDPNC) were key partners in the project that included the North Carolina General Assembly, North Carolina Community College System, Rowan-Cabarrus Community College, Rowan County, Rowan Economic Development Council, and the City of Salisbury.
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