$6 Million Manufacturing Project Bringing 105 Jobs to Robeson County
With the economy in North Carolina continuing to show improvement, a$6.07 million economic development project was announced that will bring more than 100 jobs to Robeson County.
Atlantic Building Components & Services announced it selected Fairmont for its new truss manufacturing facility, which will employ approximately 105 people, the Robeson County Office of Economic Development announced.
“Atlantic Building Components considered several possible locations for this investment prior to making our choice Robeson County,” said Jimmy Broach Jr., President of the company. “In Fairmont we found a site that met our facility needs, had access to strong workforce assets and was capable of serving a growing regional housing market. We are appreciative of North Carolina’s leaders who were willing to work closely with our company to address our objectives for this expansion.”
The company is headquartered in Moncks Corner, South Carolina, and has three manufacturing sites currently in Moncks Corner, Easley, S.C., and Sparta, North Carolina. Those facilities employ more than 300 people total.
The truss manufacturer provides services for national and regional home builders, like D.R. Horton, Capitol City Homes, Dan Ryan Homes and others.
“We are excited about this opportunity in Robeson County and the proximity to the large growing markets in the Carolinas,” Broach said.
The Fairmont facility in Robeson County is expected to have two roof truss manufacturing lines, as well as one floor truss line. The agreement allows for minimum average wage to be around $48,706 for the jobs in Robeson County. The current average wage in Robeson County is $37,649, and the community is expected to see an economic impacts of $5 million annually thanks to the facility.
“It is a very rare occurrence indeed when a small town such as Fairmont can acquire a company of this caliber,” said Fairmont Mayor Charles Kemp. “The town of Fairmont considers this decision to locate here to be both a blessing and a very positive step in the growth of Fairmont. We wish to offer our hand in cooperation, assistance, and brotherhood to Atlantic Building Components as they begin the process of expanding their business. Fairmont is a caring community where we believe everybody counts. We hope that a positive and lasting relationship between our community and this fine company lasts for a very long time.”
The company will receive a $1,045,000 Job Development Incentive Grant for property renovations, as well as additional funds for training and building reuse.
North Carolina Named One of the Top 5 States for Business
1. Texas
Dallas, Texas downtown cityscape at twilight. (Getty Images)
“While the story may be overplayed, it’s hard to deny the fact that more large companies continue to move headquarters or major parts of their operations from California to Texas. Tesla joined the movement in October 2021 when it announced it would relocate its headquarters from Palo Alto to Austin. Meanwhile, as of mid-year 2021, the Lone Star State led the nation in export trade with nearly double the sum of the next three largest states (California, New York and Louisiana) combined.”
5. North Carolina
Charlotte, North Carolina, uptown skyline and park. (Getty Images)
“With tech assets in the Research Triangle and the growing life sciences sector, the Tar Heel State has been on a roll in the past year. Thermo Fisher Scientific announced in December 2020 a $500 million investment and 500 new jobs in Greenville. Fintech company Robinhood added in March nearly 400 new jobs in Mecklenburg County. And in April 2021, Apple announced a $1 billion R&D campus in Wake County that will create 3,000 jobs by 2032. According to a recent survey and a white paper by the Tax Foundation and KPMC, the state now has one of the most competitive tax structures for business in the U.S.”
10. Utah
Downtown Salt Lake City. (Getty Images)
“The tech powerhouse of the Silicon Slopes remains a driving force in Utah’s economy and helped pull it through 2020 when other states were hindered with shutdowns and the limitations of social distancing. The state continues to expand in other sectors, too. Malouf Companies announced a $420 million expansion and 4,200 new jobs in Cache Valley, American Packaging is building a $126 manufacturing plant in Cedar City, and Cytiva is working on a $231 million expansion in Logan.”
46. Washington
Seattle, Washington (Getty Images)
“The Evergreen State has experienced a boom of IPOs in the past year. From January through October 2021, 15 companies in the state announced initial public offerings, a record. In the previous four years, only one company, Adaptive Biotechnologies, had gone public. Remitly Global, Sana Biotechnology and Impel NeuroPharma all announced IPOs in the past year, and, in August, cannabis marketplace Leafly announced an estimated $532 million IPO.”
50. California
Los Angeles, California (Getty Images)
“While it’s hard to overlook the growing number of companies moving their headquarters from California to other states, the Golden State remains an economic powerhouse with the 5th-largest gross domestic product in the world. CEOs often lambast California’s business climate and regulations, yet they don’t hesitate to set up shop and access the country’s top talent market. While Tesla, Oracle, Palantir and Hewlett-Packard Enterprise have made announcements to leave the state in the past year, companies like Google, Apple, L’Oréal and Takeda Pharmaceuticals are doubling down.”
