FCC North America Invests $57 Million To Expand Its Laurinburg, North Carolina Manufacturing Facility
Gov. Bev Perdue said as an incentive the state provided a $264,000 grant from its One North Carolina Fund. "My top priority is creating jobs," said Perdue. "Manufacturers know our job training programs are world-class and that our highly-skilled workers and top-notch business climate help them to thrive in a globally competitive market."
The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants are contingent upon local matches.
A subsidiary of Japan-based FCC Company, the firm manufactures ATV clutches, ATV differential components, automotive transmission components and automotive differential components. The company currently employs more than 140 people at its facility in Laurinburg, North Carolina.
"FCC North Carolina is grateful for the support of Governor Perdue's Office, the NC Department of Commerce, Scotland County, and the Laurinburg Maxton Airport Commission in locating the new manufacturing facility in Scotland County," said Bob Kendall, Administration Senior Manager for FCC North Carolina. "The investment from the State of North Carolina allows us to not only progress our company forward, but also renew our commitment to the state."
He said the firm "would also like to thank the associates at our Laurinburg facility for their hard work and dedication that allowed FCC to grow and expand. Our company possesses some of the most advanced clutch technology in the marketplace today, and with strong state and local government partnerships, we are well positioned to pursue opportunities for further growth."
"FCC's expansion is great news for Scotland County," said Sen. William Purcell of Laurinburg. "They have found a great workforce here for their global customers."
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