Posted October 26, 2016
RALEIGH, N.C. – King Charles Industries, LLC intends to hire 100 people over the next three years at its new $12.5 million manufacturing site in Anson County, N.C., Gov. Pat McCrory, N.C. Commerce Secretary John E. Skvarla, III and the Economic Development Partnership of North Carolina (EDPNC) announced.
King Charles Industries is a joint venture between Taiwan’s Kingwhale Corp. and Hornwood, Inc., a 70-year-old North Carolina textile company. Kingwhale, founded in 1992, is a vertically integrated provider of performance fabric and garments for the global apparel industry.
The company was an official garment supplier for the 2002 Winter Olympic Games in Salt Lake City. Lilesville, N.C.-based Hornwood makes an extensive line of products for buyers in the automotive, apparel, medical and other industries. It employs 350 in North Carolina.
“North Carolina remains the Southeast’s leading state for manufacturing employment with more than 461,000 jobs,” said Gov. McCrory. “Our manufacturing economy is highly innovative, diversified and competitive at the global level and we are delighted to welcome King Charles Industries to Anson County.”
Since Gov. McCrory took office in January of 2013, the state’s economy has generated more than 300,000 net new jobs, according to the Governor’s Office.
King Charles Industries will employ 100 people at its new operations in Anson County. Positions will include skilled operators, shift supervisors, warehouse personnel and others. The company’s payroll will add nearly $2.8 million in annual salary impact to the local economy.
“We are excited about the opportunity to build a new business with the latest in technology in Anson County,” said King Charles Industries Chairman Chuck Horne. “In addition to the State of North Carolina and Anson County, we owe a special thanks to North Carolina’s Southeast Regional Economic Development Partnership for their assistance.”
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The project was made possible in part by a performance-based grant of up to $300,000 from the One North Carolina Fund. 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 on financial matches from local governments.
Sources: N.C. Governor’s Office, the N.C. Dept. of Commerce and the Economic Development Partnership of North Carolina