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Team Air Invests $4.2 Million In Forest City, North Carolina, Manufacturing Center

Team Air Incorporated will invest $4.2 million to locate a new manufacturing facility in Forest City, North Carolina, with plans to create 70 jobs during the next three years in Rutherford County.

The firm provides custom HVAC products to large commercial and industrial customers throughout North America for military projects, offshore drilling platforms, schools, hospitals, manufacturing facilities and large office buildings. They also provide custom products for other manufacturers of HVAC equipment.

“We analyzed over 40 locations across three states and it became clear: our choice location was North Carolina,” said T. Nathan, Team Air, Inc. President. “We found a building most suitable for our manufacturing needs in Rutherford County, and Isothermal Community College is supportive of our workforce needs. North Carolina was ready for business as the State Department of Commerce and Rutherford County outlined the economic opportunities available to Team Air. We look forward to a long relationship with the community.” This expansion to North Carolina will allow Team Air to provide competitively priced products with shorter lead times and reduced freight to customers in the Midwest and East Coast.

“Our aggressive efforts to promote economic growth and foster job creation are delivering results for North Carolina,” said Governor Pat McCrory. “Team Air, Inc. is an innovative company that is committing to our state and people with new jobs and a multi-million investment.”

“Creating good-paying, private sector jobs that are sustainable over the long term is the number one priority for Governor McCrory and me,” said Secretary Sharon Decker. “Team Air’s decision to choose North Carolina is just the latest indication that the Carolina comeback is gaining momentum.”

The project was made possible, in part, by a performance-based grant from the One North Carolina Fund of up to $50,000. 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 also require and are contingent upon local matches.

“Adding jobs and increasing employment in North Carolina is my top priority,” said Senator Ralph Hise. “Manufacturing is a key industry in our part of the state, and we welcome Team Air, Incorporated to Rutherford County.”

Other partners that helped with this project include: the North Carolina Department of Commerce, North Carolina Community Colleges, Isothermal Community College, Rutherford County, and the Rutherford County Economic Development Commission.

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