France-Based Global RFID Plans Fletcher, North Carolina, North American Headquarters
The investment will include a 50,000-square-foot manufacturing and distribution center that will produce up to five billion units annually for various applications.
“We are very excited to come to Fletcher, Henderson County, and to open up our first manufacturing site in the US,” said Matthieu Picon, CEO at Tageos. “Our investment will be instrumental in strengthening our position as a leading RFID inlays and tags manufacturer, as it will allow us to support our steadily growing number of customers in the American market even faster and in a particularly sustainable manner.”
As an incentive, a performance-based grant of $100,000 from the One North Carolina Fund will support the project. 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.
“With a shared vision for sustainability, we are delighted to welcome Tageos to Henderson County, North Carolina,” Governor Roy Cooper noted. “High tech companies like Tageos need the best business climate and brightest tech talent to help them navigate such a high-demand industry, and it was a smart decision for them to call western North Carolina home.”
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, Blue Ridge Community College, Henderson County, Henderson County Partnership for Economic Development, and the Town of Fletcher.
“Tageos is joining an emerging tech cluster in Western North Carolina,” N.C. Commerce Secretary Machelle Baker Sanders added. “Our state is a leading market for innovative companies because of our strong research and development ecosystem and a diverse workforce, which includes the second largest market for women working in tech. Combined with our First in Talent plan, I am confident that more companies like Tageos will be successful here.”
Headquartered in Montpellier, France, Tageos is an innovative designer and manufacturer of high-tech RFID, or radio-frequency identification, inlays and tags.
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