Home / Knowledge / News / Textiles / Saertex to expand Huntersville production facility
Saertex to expand Huntersville production facility
21
Oct '10
Gov. Bev Perdue announced that SAERTEX USA LLC, a manufacturer of technical fabrics for lightweight composite structures for the green energy sector, will expand its current facility in Mecklenburg County. The company plans to create 178 jobs and invest $6.5 million over the next three years in Huntersville. The project was made possible in part by a $110,000 grant from the One North Carolina Fund.

“Creating jobs remains my number one priority, especially in fast-growing sectors such as the green economy,” said Gov. Perdue. “High-tech manufacturers continue to be attracted to North Carolina by our skilled workforce and top-ranked business climate. Today's announcement, and others like it, confirm the top national economic rankings that keep rolling in for North Carolina.”

SAERTEX works primarily in the wind energy, aerospace, civil engineering, auto and shipbuilding industries by producing the reinforcing technical fabrics to create composites that are competitive with established materials such as steel and aluminum. This expansion is a result of growing demand for lighter components that save energy.

Founded in 1982, SAERTEX is headquartered in Saerbeck, Germany and has locations in France, Germany, Portugal, South Africa, India, China and the U.S. The company opened its first North Carolina facility in 2000 and currently employs 126 in Huntersville.

Salaries will vary by job function, but the average annual wage for the new jobs will be $41,506 not including benefits. The Mecklenburg County average annual wage is $48,776.

“SAERTEX USA appreciates the support of Gov. Perdue and the State of North Carolina in helping increase our footprint in North Carolina, while supporting wind and other green industries in the United States,” said Dr. Christian Kissinger, General Manager of SAERTEX USA.

“We are encouraged by the recognition and the vision of the State of North Carolina in promoting new technologies like composites in the transportation and renewable energy sector. While we continue to focus on bringing new technologies to the market that will create more efficient transportation systems and wind turbines, it is the support of local, state and federal governments that will lay the necessary groundwork.”

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. These grants also require and are contingent upon local matches.

“SAERTEX's announcement is terrific news for Mecklenburg County,” said Sen. Malcolm Graham, of Mecklenburg. “It also shows that our economic strategy is working. Instead of cutting to the bone during the recession, we invested in education, worker training, transportation and other infrastructure that helped build and maintain a top-tier business climate. That's why companies like SAERTEX are expanding and other firms are moving to North Carolina.”

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Courtesy: NEJ

Apparel/Garments | On 24th Jan 2017

NEJ fully acquires Bills Khakis from Source Capital

Provider of reverse logistic excess inventory solutions for specialty ...

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search