Millwork & Panel Expands Claremont, North Carolina, Operations
This investment will add new state-of-the-art vinyl extrusion production lines, improve blending operations, and expand the capacity for vinyl siding.
“By enhancing our production capacity and upgrading key equipment to ensure quality and energy-efficiency, we are reaffirming our commitment to provide top quality vinyl siding materials to our customers,” said Joe Bondi, President of Millwork & Panel. “Thank you to the entire team in Claremont for your work to make this project a reality and a special thank you to the State of North Carolina, Catawba County, the City of Claremont, and the North Carolina Community College System for your hospitality over the years and support of this project.”
A performance-based grant of $100,000 from the One North Carolina Fund will help with Millwork & Panel’s expansion in North Carolina. 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 legacy of manufacturing and innovation continues to support economic prosperity across the state,” noted N.C. Commerce Secretary Machelle Baker Sanders. “From our diverse workforce and creative workforce training partnerships to our affordable business climate and infrastructure access, North Carolina offers innovative manufacturers a great foundation to build a thriving operation.”
An indirect subsidiary of CertainTeed Holding Corporation, Millwork & Panel produces maintenance-free siding and trim in various materials, styles, and textures for the residential housing market.
In addition to the North Carolina Department of Commerce and Economic Development Partnership of North Carolina (EDPNC), other key partners in this project include the North Carolina General Assembly, North Carolina Community College System, Catawba Valley Community College, Catawba County, Catawba County Economic Development Corporation, and the City of Claremont.
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