Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Highland Industries Invests $8.25 Million To Expand Manufacturing Operations In Statesville, North Carolina

05/22/2014
Highland Industries is expanding its manufacturing operations in Statesville, North Carolina. The company plans to create 29 jobs and invest $8.25 million over the next three years in Iredell County.

A manufacturer of technical fabrics used in products across multiple industries such as automotive seats, agricultural tires and commercial roofing, Highland Industries currently operates a 110,000 square foot finishing facility in Kernersville, North Carolina.

This new division will be completely separate from the existing operations. The new Iredell County division will manufacture parts and assemblies utilizing carbon fiber, aramid, fiberglass and other composite materials. Customers will include manufacturers in aerospace, automotive, sporting goods and industrial.

“We are excited to create new business opportunities in cooperation with Iredell County," said David Jackson, President/COO of Highland Industries. "We look forward to training and developing a local workforce capable of manufacturing our highly technical composite structures produced right here in Statesville, North Carolina.”

“We’re committed to partnering with companies to increase the number of products made right here in North Carolina,” said Commerce Secretary Sharon Decker. “Highland Industries is a great corporate citizen that is actively engaged in the community. We wish them continued success in North Carolina.”

“North Carolina has a proud manufacturing heritage," said Governor Pat McCrory. “Helping our state’s manufacturing industry grow is an integral part of our overall economic development strategy.”

“This jobs announcement will be a strong addition to Iredell County’s reputation as one of the world’s leading hubs for manufacturing,” said Senator Andrew Brock. “These jobs were made possible due to the sweeping tax reform which is making North Carolina more competitive in the global marketplace, as well as the hard work of our governor and secretary of Commerce.”

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $70,000. 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.

Organizations that assisted with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Mitchell Community College, Greater Statesville Area Committee of 100, City of Statesville, Iredell County, and Statesville Regional Development.

Share

Exclusive Research