Asbury Carbons Invests $8 Million In Facility In Lumberton, North Carolina
A 119-year-old family managed business that processes graphite and other carbons, minerals and materials, Asbury supplies its products to a wide-range of industries such as brake lining manufacturers, ceramics manufacturers, LED manufacturers and others.
“After a long and thorough vetting process the site we selected in Robeson County stood head and shoulders above other sites being considered,” said company Vice President/COO Noah Nichelson. “The support of the local and state economic development organizations has been incredible, manifesting in this generous One North Carolina grant. Asbury looks forward to becoming an outstanding member of the Robeson County community.”
As an incentive the project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $100,000. 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.
In addition to the N.C. Department of Commerce and the Economic Development Partnership of N.C., other partners that helped with this project include: North Carolina Community College System, North Carolina Department of Transportation, North Carolina Ports, North Carolina Railroad Company, North Carolina’s Southeast Economic Development Partnership, Robeson County Office of Economic Development, Robeson County, and the City of Lumberton.
Asbury Carbons chose North Carolina because of our state's excellent access to both rail and ports, particularly in Robeson County,” said Governor Pat McCrory. “Asbury is a family business with an international reach. It concluded North Carolina provided the strategic location that would allow the company to grow and thrive in the 21st century.”
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