Posts Taged lenoir-county-economic-development

Moen Expansion Update — September 13, 2017

 

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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.

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ColorCoat, Inc. to Create 45 New Jobs with New Facility in Kinston, Lenoir County

Kinston, NColorCoat, Inc..C. – Lenoir County Economic Development and the Lenoir County Board of Commissioners announced today that ColorCoat, Inc. will invest over $300,000 in equipment and machinery in Lenoir County. The facility will create 45 new jobs during the year.

“Having a new company that is a spinoff of an existing company locating with new jobs comes from maintaining strong working relationships between our Economic Development leadership team and our existing companies,” said Chairman Craig Hill, Lenoir County Board of Commissioners. “Another good day to be in Lenoir County.”

ColorCoat, Inc. has been in operation for over five years at their home office located in West Sacramento, California. They are the exclusive provider of painting services for vinyl and fiberglass building products in the Western United States. They have recently offered specialized coatings to painting contractors for field applications. Color Coat, Inc. serves many major window and door manufacturers and dealers, such as: International Window of Northern California, America Building Products, Inc., Empire Pacific Windows, Western Windows, Inc. Royal Windows, Inc., Brothers Home Improvements, and others. ColorCoat, Inc. offers the paint needed for PVC/vinyl windows and doors, plus services for implementation of in-house painting.

“Lenoir County is very fortunate to be able to assist companies like ColorCoat, Inc. to locate in Eastern North Carolina,” said Mark Pope, Lenoir County Economic Development Executive Director. “We look forward to a long partnership. We think that bringing companies from other states speaks volumes for our workforce training and quality of life.”

The company will hire painters, dissemblers, maskers, cleaners, re-assemblers, and production leads among other jobs.

The project was made possible in part by a performance-based grant from Lenoir County and the City of Kinston. The local performance-based grant provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the county and city. Companies receive no upfront money and must meet job creation and investment performance standards to qualify for grant funds. The grant is specific to the company’s new facility with an investment of $300,000 and the announcement of 45 new jobs.

Other partners that helped with the project include: North Carolina Community College System, Lenoir County Economic Development, Lenoir County, City of Kinston, N.C. Department of Commerce, and the Economic Development Partnership of North Carolina.

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DuPont Expansion to Bring 18 New Jobs to Lenoir County

October 23, 2014 • Jobs and the Economy

Raleigh, N.C. – Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that E.I. du Pont de Nemours and Company (DuPont) is expanding its operations in Lenoir County. The company plans to create 18 new jobs and invest $30 million over the next three years in Kinston.

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