Business Facilities - September 2008 - (Page 58)

BUSINESS REPORT North Carolina olina. “We had a detailed set of requirements, and North Carolina is the location that best met our needs,” says Ken Evans, corporate communications manager for Spirit AeroSystems, Inc. “We needed access to a runway and port, a strong labor market, excellent technical training, When reliability really counts If a dependable, continuous power supply is critical to your company’s manufacturing processes, we have a place for you. Prime Power Park™ is the state’s only industrial park featuring on-site backup power generation. That means tenants can protect their plant operations from power outage disruptions, without the cost of buying and maintaining their own redundant power systems. Currently, both the City of Albemarle and City of Gastonia o er Prime Power Parks. Prime Power Park tenants will also enjoy a ordable and exible rates from the City of Albemarle or City of Gastonia, both North Carolina’s Public Power Communities. And, of course, all the business-friendly bene ts our right-to-work state is known for. Call us at 1-800-768-7697 ext. 6363 or visit primepowerpark.org for details. Because there’s simply no better place in North Carolina to satisfy your need for power. #1402 at www.BusinessFacilities.com a solid incentive package, aerospace industry knowledge, and a state government team that really wanted to work with us. The team in North Carolina has been excellent to work with and it really helped finalize our decision.” The plant, expected to open in the summer of 2009, will initially handle work arising from a new Spirit contract with Airbus. Components for the Airbus 350 XWB, an extra wide body passenger jet, will be the first products built at the Kinston plant. COC, a smaller aerospace company that manufactures and supplies military aviation parts, moved its headquarters from California to the TransPark in 2007. This investment will exceed $4.3 million and create 72 new jobs. Established in 1967, COC manufactures and supplies aerospace parts for U.S. military aircraft operating in more than 50 countries. COC’s relocation is funded by the Global TransPark Foundation, Lenoir County, the Neuse River Development Authority’s Defense Ventures Fund, USDA’s Intermediary ReLending Program, and the Governor’s Office, which will back the enterprise with $75,000 from the North Carolina One Fund. “Not only will COC create jobs for our region, but they are goodpaying, skilled positions that can further build the economic viability of Lenoir County, eastern North Carolina, and the State of North Carolina. The jobs offer additional opportunities for our workforce and help to strengthen our ability to attract similar companies,” says Mark Pope, executive director of Lenoir County’s Economic Development Department. 58 SEPTEMBER 2008 http://www.primepowerpark.org http://www.primepowerpark.org http://www.BusinessFacilities.com

Table of Contents Feed for the Digital Edition of Business Facilities - September 2008

Business Facilities- September 2008 Contents First Word Snapshots Corporate Moves:�Mississippi Editor's Location Picks 2008 The Palmetto State Reaches Across the Sea Corporate Moves:�Tennessee Metro Spotlight:�Spokane, WA Biotech: Building Block for Development Wind Power Lifts Iowa Germany:�Europe's Economic Juggernaut California Here We Come Up, Up and Away in North Carolina Corporate Moves:�West Virginia Metro Spotlight:�Decatur/Greensburg, IN Advertiser Index Ask the Expert

Business Facilities - September 2008

For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.