Demmell To Locate Manufacturing Plant In East Flat Rock, North Carolina
04/21/2016
A U.S. subsidiary of Germany’s Demmel AG, Demmel Inc., a leader in the fields of industrial identification, decoration and communication. Sill plates, emblems, metal components, and internal and external trim parts made by the family-owned company are found on BMW, Porsche, Mercedes-Benz, Tesla Motors and other vehicles. The company has been in business since 1886.
“We are happy to continue to serve key customers in the North American market with a new strategic location in Henderson County, North Carolina,” said Tobias Holderried, Managing Director of Demmel AG. “Our new home affords access to a qualified and productive workforce, a strong existing presence of automotive component manufacturers in plastics and metals, and easy access to our customers. Henderson County has great similarities to our home in the mountains of Bavaria, where we have built long-lasting relationships over many generations.”
The project was made possible in part by a performance-based grant of up to $150,000 from the One North Carolina Fund. 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. One NC grants also require and are contingent on financial matches from local governments.
“Automotive component manufacturing continues to grow rapidly in North Carolina,” said Governor Pat McCrory.“Our state is the ideal destination for innovative companies like Demmel and remains internationally competitive for jobs.”
Most Read
-
-
Changes in the Incentives Landscape
Q3 2021
-
Supply Chain Bottlenecks Creating New “Logistical Hotspots”
Q3 2021
-
Front Line: Finding, Creating, and Supporting Talent
Q4 2021
-
The “Great Resignation” Is Impacting Corporate Relocations
Workforce Q4 2021
-
The Challenges of Renovating an Existing Facility Into a Food Plant
Q4 2021
-
Communicating Your Project’s Value to Local Stakeholders
Q4 2021