Aeronautical Systems Expands New Bern, North Carolina, Manufacturing Plant
06/02/2021
“This investment solidifies ASI’s commitment to Craven County’s highly skilled workforce, U.S. military depots, and highly accredited educational communities it offers,” said Felipe Rodriguez, ASI’s Founder and CEO. “We look forward to further expanding our relationships in New Bern to better serve our customers.”
A performance-based grant of $75,000 from the One North Carolina Fund will help facilitate Aeronautical Systems’ expansion. The One NC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All One NC grants require matching participation from local governments and any award is contingent upon that condition being met.
“The decision by Aeronautical Systems to expand in Craven County is good news for eastern North Carolina’s economy,” said Governor Roy Cooper. “It speaks to our strong workforce, location, resilience and quality of life when businesses continue to invest in our state.”
Since its inception in the late 1980’s, ASI has provided military fleets worldwide with specialized services in system-centric and component repair and overhaul, manufacturing, supply chain management and aeronautical engineering.
“Manufacturers require a skilled workforce, strong business climate and a great quality of life to support their growth trajectory and continued innovation,” said Commerce Secretary Machelle Baker Sanders. “ASI knows North Carolina has the infrastructure to support their current and future needs through our strong economic and workforce development partnerships.”
Joining the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina (EDPNC) were key partners in the project that included the North Carolina General Assembly, the North Carolina Community College System, Craven Community College, East Carolina University, Craven County, the Craven 100 Alliance, North Carolina’s Southeast and the Craven County Economic Development Department.
Project Announcements
Piramal Pharma Solutions Expands Lexington, Kentucky, Operations
10/04/2024
G&H Decoys Plans Corning, Arkansas, Headquarters-Manufacturing Operations
10/04/2024
Britain-Based Ultimate Defense Technologies Establishes Billings, Montana, Operations
10/04/2024
Google Plans Dorchester County, South Carolina, Data Center Operations
10/04/2024
Sirius Analysis Plans Virginia Beach, Virginia, Headquarters
10/04/2024
South Korea-Based ILJIN Plans Auburn, Alabama, Manufacturing Operations
10/04/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Challenge of Securing Sufficient Electrical Power for Battery Cell Plants
Q3 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Semiconductors’ Fragile Relationship With Water May Be Tested
Q3 2024