Waste Container and Compactor Manufacturer, Bakers Waste Equipment, Plans $3 Million Investment In Lenoir, North Carolina, Plant
As an incentive the project was made possible, in part, by a $180,000 grant from the One North Carolina Fund, said Gov. Bev Perdue. "My top priority is creating jobs. Our investments in education and workforce development programs have created a strong business climate that allows manufacturers to thrive in a global economy," she said. The grant is contingent upon local matches being awarded.
Bakers Waste Equipment manufactures and sells steel containers and compactors for the waste, construction, recycling, manufacturing and retail industries. BWE already employs more than 80 employees at facilities in Burke and Catawba counties. Those operations will be consolidated into the new facility in Caldwell County. However, the company said it expects to retain a majority of existing employees, since the new location is within commuting range.
"This is an exceptional opportunity for our company to consolidate three separate operations and to grow in Caldwell County," said Ric Raines, president of BWE. "We really appreciate the diligent support from the state of North Carolina, the City of Lenoir and Caldwell County, Self Help and the SBA, the Stump Corporation, and Fifth Third Bank."
"This announcement is good news for Caldwell County," said Rep. Edgar Starnes of Hickory. "I know Bakers Waste Equipment can continue to thrive here with our skilled workforce and business-friendly climate."
French-Based Advanced Accelerator Applications Plans Cancer Drug Production Campus in Indianapolis, Indiana
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List
Finding Talent in a Time of Economic Change
Mid-size Markets Competing for Business and Winning
Hitting the Reset Button: How to Pivot the Perception of Economic Development
Innovation in America Reaches New Heights
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019