Recent Announcements

Northeast Foods Inc.

February 22, 2010

Industry sector: Food Processing

Company description: Northeast Foods has been a key supplier to McDonalds's since 1965. The privately owned company has grown to become McDonald's largest supplier of buns in the United States. The company plans to build a new commercial bakery in Clayton to serve two Golden State Foods distribution centers in Garner and Lexington, SC.

New jobs: 84

Financial investment: $25.4 million

Location: Clayton

New or expanding: New

Laboratory Corp. of America Holdings Inc.
February 11, 2010

Industry sector: Biotechnology, Pharmaceuticals and Life Sciences

Company description: LabCorp, headquartered in Burlington, provides testing services for medical lab specimens, drug testing, diagnostic support, cancer detection and other services to doctors, hospitals, and other health-care providers. The company, which has labs and other facilities nationwide, plans to consolidate billing operations into a new office in Greensboro.

New jobs: 346

Financial Investment: $4 million

Location: Greensboro

New or expanding: New

Commonwealth Brands Inc.
February 4, 2010

Industry sector: Tobacco Products

Company description: Commonwealth Brands Inc. (CBI), a wholly owned subsidiary of Imperial Tobacco Group in England, manufactures and distributes blended and fine cut tobaccos, cigarettes and cigarette tubes. The company plans to expand its Reidsville operations by adding a new product line for cigarette tubes and will be sold across the US and Canada.

New jobs: 35

Financial investment: $6.7 million

Location: Reidsville

New or expanding: Expanding

Solaris Industries Inc.

February 3, 2010

Industry sector: Metal working

Company description: Solaris Industries is a wholly owned subsidiary of Delhi Solac. The company produces steel tubing for use in furniture, greenhouses, fencing, store displays, scaffolding, recreational equipment, garage doors and the resturant, hospital and automotive industries. The company plans to open a new manufacturing facility in Kings Mountain to better serve an expanding US market.

New jobs: 40

Financial investment: $3.2 million

Location: Kings Mountain

New or expanding: New

Celgard LLC

January 20, 2010  

Industry sector: Green Energy

Company description: Celgard is a global leader in developing and producing specialty membranes used predominantly in the lithium battery industry. The expansion is designed to increase production capacity to supply lithium battery manufacturers focused on the electric drive vehicle industry.

New jobs: 289

Financial investment: $91 million

Location: Charlotte

New or expanding: Expanding

Reser’s Fine Foods

January 19, 2010

Industry sector: Food Processing

Company description: Reser’s Fine Foods Inc. makes prepared salads, dips, side dishes, Mexican foods and specialty products under a variety of brand names. The company is expanding in order to meet increased demand.

New jobs: 500

Financial investment: $1.5 million

Location: Halifax

New or expanding: Expanding