Posts Taged edpnc

Lyndon Steel Company, LLC Expansion

Lyndon Steel Company, LLC Expansion to Invest $4.5 Million and Create 25 New Jobs in Lenoir County

Image result for lyndon steel logoKinston, N.C. – Lenoir County and Lenoir County Economic Development announced today that Lyndon Steel Company, LLC will be expanding its operations in Lenoir County.  The Company will invest $4.5 million and create 25 new jobs in Kinston over the next two years.

“The city of Kinston has been a good fit for Lyndon/Kinston Steel, since first adding a plant here some eighteen years ago,” said Lyndon Steel Company, LLC President Sam Winters.  “So when we decided it was time to expand our business, Lenoir County was a natural choice. We are excited to be growing and hope to begin construction this spring on an addition that will more than double the size of our existing manufacturing facility. This will allow us to increase our production of Fabricated Structural Steel as we continue to service the Commercial Construction Industry in the eastern part of the United States.

Lyndon Steel Company, LLC, headquartered in Winston-Salem, North Carolina, has been providing high quality steel at a competitive price with “on time delivery” for forty years. The company contains CNC automated equipment and its engineering department is unparalleled with the use of SDS2 and CAD applications.  This cutting edge technology enables the company to support fast-track construction.

“I’m grateful to hear that Lyndon Steel Company is deciding to create good paying jobs in Lenoir County,” said Representative John Bell. “When a company decides to invest in our community it creates great opportunity for our citizens. I appreciate their partnership and wish them continued success.”

“This expansion is outstanding,” said Representative George Graham.  “This is progress at its best.  This will not only help to grow Lenoir County, but also Eastern North Carolina.  Capital investment and new jobs will hopefully aid in the fight to attract young talent back to Eastern North Carolina.”

The project was made possible in part by a performance-based grant from Lenoir County of up to $128,000.  Companies receive no money up front and must meet investment performance standards to qualify for reimbursement.  Local governments utilize these grants to attract business projects that will stimulate economic activity.

“It is another great day in Lenoir County. We welcome the continued growth of Lyndon Steel to our community,” said Lenoir County Board of Commissioner Chair Craig Hill. “Our economic development office, working with our state and region, are helping our community grow and prosper. This outstanding company brings quality jobs that will benefit Lenoir County and will serve as a model for other companies that would like to grow or relocate to an emerging County in the Eastern part of our State.”

In addition to Lenoir County and Lenoir County Economic Development, other partners that helped with this project include: North Carolina Department of Transportation, North Carolina Community College System, Duke Energy, North Carolina’s Southeast Regional Economic Development Partnership, and Lenoir Community College.

###

 

Read More

Governor McCrory Announces New Craft Distillery Selects Lenoir County

Social Beverage Company, LLC will create 34 jobs

Image result for social house vodkaRaleigh, N.C. – Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla, III and the Economic Development Partnership of North Carolina (EDPNC) announced today that Social Beverage Company, LLC will locate a craft distillery in Lenoir County. The company plans to create 34 new jobs and invest $5.8 million in the city of Kinston over three years.

“Kinston and Lenoir County have created a destination for tourists interested in good food, skilled chefs, and craftsmen that create products drawn from local farms and natural ingredients,” said Governor McCrory. “We applaud this community for attracting another company that supports community-based farming.”

The Social Beverage Company is a premium craft spirits producer dedicated to building a portfolio of lifestyle brands around a sense of community, innovation and responsible corporate citizenship. The company plans to revitalize a historic Kinston property to produce its signature farm-to-flask craft spirit, Social House Vodka. The distillery will adhere to rigorous standards for sourcing its essential ingredients from natural and organic farming, creating a gluten-free product made with North Carolina corn sourced within 50 miles of the facility.

“The Social Beverage Company will add yet another flavor to the culinary scene in downtown Kinston, in addition to the jobs it will create,” said Secretary Skvarla. Those new jobs will include management, production and sales positions. Salaries for the new jobs vary by position, but the average annual salary will be $50,071. The average wage in Lenoir County is $33,142.

“As Kinston continues to experience tremendous growth, it is an exciting time to build and operate our new facility with the support of the N.C. Department of Commerce, Lenoir County and the City of Kinston. North Carolina has created a welcoming environment for craft breweries and distilleries, and we are pleased to be a part of this growing industry in the state,” said Cary Joshi, president, Social Beverage Company. “The relationships we’ve formed with local farmers, interest from the local community, and the emerging art, culinary and craft spirits scene in downtown Kinston, present the perfect foundation to establish our distillery as a gathering place.”

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $68,000. 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. One NC grants also require and are contingent upon financial matches from local governments.

In addition to N.C. Commerce and the Economic Development Partnership of North Carolina, other partners that helped with this project include the North Carolina General Assembly, the North Carolina Community College System, the N.C. Rural Infrastructure Authority, Lenoir County, and the City of Kinston.

###

 

Read More