Frontier Spinning Mills Invests $15.5M in North Carolina Expansion
05/26/2010
"Having our headquarters here certainly factored into the decision, but that was just one consideration," said John Maness, executive vice president at Frontier. "We looked carefully for places where we could find everything necessary to make this work."
The Lee County Economic Development Corporation is extending incentives as a percentage of additional paid off resulting from the new investment to Frontier. The agreement will last for five years, and incentives are returned only after the company pays its full tax bill and meets other terms.
Frontier manufactures yarns for the knitting and weaving industries. It also has facilities in Georgia and Alabama.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
Midwest becomes hotspot for semiconductor manufacturing and supply industries
Q2 2024