Sedia Systems Consolidates Operations to Asheboro, North Carolina
The company may be eligible for a NC Rural Building Reuse Grant in which the City of Asheboro has agreed to be the applicant for, according to Randolph County Economic Development Corporation officials. In addition to state grants, Sedia Systems qualifies for local incentives in the amount of $36,532 over a five-year period to be split equally between the City of Asheboro and Randolph County.
The company will create 14 new jobs over five years and must meet the 9 new jobs requirement within the first two years for the Building Reuse Grant. These jobs will have an average annual wage exceeding the average county wage.
“We’ve been looking aggressively for a long-term home for Sedia Systems to flourish and we found it in Asheboro,” said Sedia Systems’ CEO Wilson Troup.
The new location will accommodate the consolidation plans once Sedia has completed renovations.
“It was a pleasure working with Sedia Systems during their due diligence period. We are excited to see this company keep their current manufacturing in North Carolina with the consolidation of their two existing facilities to be located in Asheboro providing good paying jobs for our citizens,” said Crystal Gettys, Randolph County EDC Business Recruitment Director.
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