TCOM Expands Elizabeth City, North Carolina, Operations
06/17/2024
The investment will include additional training, engineering, and lab space at the company's existing 300,000-square-foot facility.
“Expanding our operations in Elizabeth City is part of our growth strategy and continues our investment in Elizabeth City and the surrounding communities we support,” said Ron Bendlin, President & CEO of TCOM. “By adding jobs to the region, we’re not only strengthening our company, but we’re also making a tangible difference in people’s lives. I want to thank Governor Cooper for all of the support his office has provided in helping us make this a reality.”
The project is being supported by a performance-based grant of $75,000 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.
“Advanced manufacturers look to North Carolina for its large, diverse and highly skilled manufacturing workforce to help them grow,” noted N.C. Commerce Secretary Machelle Baker Sanders. “With its proximity to military installations and specialized aerospace training programs in Elizabeth City, specifically at Elizabeth City State University and College of The Albemarle, TCOM will have access to a world-class talent pipeline to support their future success.”
In addition to the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina (EDPNC), other partners in the project include the North Carolina General Assembly, North Carolina Community College System, College of The Albemarle, Pasquotank County, and the Elizabeth City-Pasquotank County Economic Development Commission.
TCOM designs, manufactures, and provides full life cycle sustainment for its portfolio of products including tethered aerostats and unmanned aerial systems.
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