Poland-Based LMFakro Plans Pasquotank County, North Carolina, Manufacturing Operations
04/04/2024
“We are very happy to be able to grow the distribution and manufacturing of our attic ladders in the USA and build FAKRO's share in the American market. Logistically, our investment in Elizabeth City is a great location because it is in the central part of the East Coast and close to a seaport, as well,” said Waldemar Szalus, CEO and President of FAKRO AMERICA LLC. “I am grateful for the commitment of the local and State officials in North Carolina. We hope our work will have a positive impact on the local community and homes by improving the standard of thermal insulation and functionality of attic ladders.”
The project is being supported by a performance-based grant of $60,000 from the One North Carolina Fund. The One NC Fund provides financial assistance to local governments to help attract economic investment and 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.
“Our state is home to the largest manufacturing workforce in the Southeast,” noted N.C. Commerce Secretary Machelle Baker Sanders. “North Carolina’s impeccable network of universities and community colleges, along with our unique training programs, continue to fuel the state’s talent pipeline and attract manufacturing companies from near and far.”
LMFakro is a subsidiary of the FAKRO Group, an international corporation and leading manufacturer of roof windows and attic ladders. FAKRO currently operates 16 distribution and 11 manufacturing companies globally.
In addition to the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina (EDPNC), other key partners in this project include North Carolina Community College System, the College of Albemarle, Pasquotank County, Elizabeth City-Pasquotank County Economic Development Commission, Polish Investment and Trade Agency, and Elizabeth City.
Project Announcements
Compass Datacenters Plans Meridian, Mississippi, Operations
01/12/2025
IKO Plans Bismarck, Missouri, Operations
01/10/2025
Blue Whale Materials Expands Bartlesville, Oklahoma, Battery Recycling Operations
01/09/2025
Italdesign Plans Bloomfield, Michigan, Headquarters Operations
01/09/2025
Luck Companies Plans-Expands South Carolina Quarry Operations
01/09/2025
Italy-Based Microtex Composites Plans Chattanooga, Tennessee, Manufacturing Operations
01/09/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
How Automation Is Actually Closing the Labor Gap
Q4 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Around the Horn with Amy Gerber and Kathy Mussio: Incentives and Workforce Development
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024