Elkamet Invests $2.5 Million To Expand East Flat Rock, North Carolina, Manufacturing Center
03/31/2014
The firm, which produces extruded profiles from industrial polymer materials for the automotive industry and PA/PE/XPE tanks for fuel and hydraulic systems used in utility vehicles and motorcycles, currently employs 54 full-time workers in western North Carolina.
“The consideration of our East Flat Rock location for this project is based on a very committed and fast-learning workforce out of Henderson County,” said Artur Bitner, Plant Manager, Elkamet Inc.
“We are continuing to make North Carolina a destination to grow a business through jobs-friendly economic policies,” said Governor Pat McCrory.
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $24,000. 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.
Most Read
-
-
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
Q3 2019
-
How are Uncertain Times Altering Company Location Strategies?
Q3 2020
-
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Q2 2020
-
Site Selection 2020: The Importance of “Regional Depth” with Global Reach
Q3 2020
-
Infrastructure Investment as an Economic Stimulus Tool
Q3 2020
-
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Q1 2020