Dynamic Air Engineering To Locate Corporate Hub In Catawba County, North Carolina
Founded in Los Angeles in 1942, Dynamic Air Engineering is currently headquartered in Santa Ana, California where the company designs, develops and manufactures specialty components and systems for the aerospace and defense industries. Its customized, highly engineered solutions find extensive use in military, commercial and law enforcement applications, on the ground, in the air or over the water.
Dynamic Air Engineering’s new operations in the City of Claremont will employ 46-people. Positions will include engineers, machinists, and senior executives among others. Annual salaries will vary by position but will average at least $66,931. Overall wages in Catawba County currently average $38,238 per year.
"After extensive research over the past two years, Dynamic Air came to the conclusion that North Carolina offers the best backdrop for the next chapter in our company’s legacy," said Jeremy I. Morrison, President of DAE Systems. "The State’s dedication to promoting the professional growth of its citizenry through education, combined with a willingness to work in partnership with the business community made our choice a clear one. All of us look forward to a long and prosperous relationship with the great State of North Carolina and the wonderful community of Catawba County."
The project was made possible in part by a performance-based grant of up to $110,000 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.
“North Carolina – where aviation was born -- welcomes this family-owned manufacturer as the newest member of our defense and aerospace sector,” said Governor Pat McCrory. “Dynamic Air Engineering shares our state’s commitment to innovation, quality and customer focus. The corporate headquarters will be a great fit for our business community.”
“North Carolina’s commitment to the military, our affordable business costs and strategic talent pipelines make us a natural choice for future-focused companies like Dynamic Air Engineering,” said North Carolina Commerce Secretary John E. Skvarla, III. “Aerospace products and parts manufacturing job growth has increased 32.5% since 2013 making North Carolina the fastest growing state for aerospace jobs in this time frame.”
Joining EDPNC and N.C. Commerce in supporting Dynamic Air Engineering’s location plans are the North Carolina General Assembly, the North Carolina Community College System, Catawba County, the City of Claremont, the Catawba County Economic Development Corporation and the Charlotte Regional Partnership.
2023 Top States for Doing Business Meet the Needs of Site Selectors
The Rise of Mid-Size U.S. Cities: The Industrial Development Boom
Front Line: Brownfields Offer Redevelopment Opportunities
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
2023 Top States Workforce Development Programs
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Immigration: A Potential Fix for Labor Shortages?
Workforce Q4 2023