Crown Equipment Corporation Expands Kinston, North Carolina, Manufacturing Center
A performance-based grant of $400,000 from the One North Carolina Fund will help facilitate Crown Equipment’s expansion. The One NC Fund provides financial assistance to local governments to help attract economic investment and to 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 a matching grant from local governments and any award is contingent upon that condition being met.
“This expansion is part of our long-term vision to enhance our manufacturing flexibility and capacity,” said Todd Frideger, plant manager of Crown’s Kinston manufacturing facility. “We are pleased to strengthen our commitment to Kinston and the state of North Carolina through this investment and excited to create more career opportunities in the region.”
Joining the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina (EDPNC) were key partners in the project that included the North Carolina Global TransPark Economic Development Region, North Carolina Community College System, Lenoir Community College, Lenoir County, North Carolina’s Southeast, and the City of Kinston.
“With the largest manufacturing workforce in the Southeast, North Carolina is poised to support Crown’s next phase of growth as they expand their manufacturing operations,” said N.C. Commerce Secretary Machelle Sanders. “Crown has been one of the larger employers in Lenoir County for more than 30 years. We welcome their continued investment and confidence in our business community and our people, especially during such unprecedented times.”
Crown Equipment Corporation was originally founded in Ohio in 1945 and has grown to become one of the world’s leading material handling companies. The company has earned more than 100 prominent international design awards while developing and manufacturing a broad range of electric and internal combustion (gas) forklifts, as well as automation and fleet management technologies. Crown operates 19 global production facilities and a service and distribution network that exceeds 500 retail locations in over 80 countries.
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