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Thank you to all the partners that helped to make this happen, our Governor, the State Department of Commerce, Rowan County Commissioners, the Rowan Jobs Initiative and the North Carolina Community College System. 

Magna to Add 327 Jobs in Rowan, Caldwell and Catawba Counties
Company to Invest $10 Million to Grow 3 Facilities
Gov. Bev Perdue announced today that auto parts supplier Magna Composites LLC plans to expand three plants in the western part of North Carolina and create 327 new jobs over the next four years. The expansion – in which Magna plans to invest $10 million in facilities in Salisbury, Lenoir and Newton – was made possible in part by a state Job Development Investment Grant.

“Creating jobs is my number one priority, and this multi-county expansion is a win for the region and state,” said Gov. Perdue. “North Carolina’s commitment to education, workforce training and maintaining a top-rated business climate makes us well positioned to continue to add jobs and economic opportunities.”
Magna Composites is a division of Magna Exteriors and Interiors, which is a wholly owned subsidiary of Canadian auto parts giant Magna International (NYSE: MGA). Magna International operates 240 manufacturing facilities in 25 countries.

Magna added the three North Carolina plants to its holdings when it purchased portions of Meridian Automotive Systems’ composites business in June 2009. Since then, the company has increased employment at the three facilities, which currently provide jobs for 360 workers.

The largest of the three facilities, in Rowan County, will grow by 183 jobs. The plant in Caldwell County will add 134 jobs, and the smallest plant in Catawba County will add 10 workers. While individual wages will vary greatly by job function, the overall average for the 327 new jobs will be $33,352 plus benefits.

 Through Gov. Perdue’s JobsNOW initiative, the state continues to work aggressively to create well-paying jobs, train and retrain its workforce, and lay the foundation for a strong and sustainable economic future.
 “We have been fortunate to work with many people who understand our business and help us achieve common goals,” said Bob Brownlee, president of Magna Exteriors and Interiors. “We’re pleased that North Carolina recognizes the need for business-friendly programs, and it helps us remain in close proximity to our customers in this region.”

“This is great news for the region and for North Carolina,” said Rep. Lorene Coates.  “During this tough economy it’s critical to make the right investments to create jobs and bring economic opportunities to this area.”

The state’s Economic Investment Committee today voted to award a Job Development Investment Grant to Magna Composites. JDIGs are awarded only to new and expanding businesses and industrial projects whose benefits exceed the costs to the state and which would not be undertaken in North Carolina without the grant.
Under the terms of the JDIG, the company is eligible to receive a grant equal to 50 percent of the state personal income withholding taxes derived from the creation of new jobs for each of the six years in which the company meets annual performance targets. If Magna meets the targets called for under the agreement and sustains them for six years, the JDIG could yield up to $1.1 million in maximum benefits for the company.
Other partners that assisted with this announcement include: The N.C. Department of Commerce, N.C. Community Colleges, Caldwell County, Rowan County, Rowan Jobs Initiative and the City of Lenoir.
For more information about Magna, including job opportunities, visit www.magna.com.

Posted: 6/14/2010 11:30:38 AM by Robert Van Geons

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We have added a few new sections to our website that we expect to be beneficial to local businesses and citizens. On the front page of our site, you will find quick links to the survey from our first Civic Forum, links to the “Positive Rowan” Network, a chance to register for the upcoming “Triple Bottom Line” Event, and a gateway to our new Tools for Business Success resource. 
You can also follow us on twitter, or become a friend or fan on Facebook. Or, give us a call at 704.637.5526 or just stop by. 
Our goal is to provide you the information and assistance you need, day or night. Let us know what we can do to improve our efforts. 

Robert Van Geons
Posted: 5/26/2010 5:31:56 PM by Robert Van Geons

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Rowan County's economic development efforts have a new logo — a tagline, if you will.

RowanWorks.

Robert Van Geons, executive director of the Salisbury-Rowan Economic Development Commission, explained Wednesday that "Rowan" is inclusive, recognizing that the EDC serves all of the county and its municipalities.

Meanwhile, "Works" is an action-oriented, positive word, he said, and it leverages all of the good marketing the Rowan Jobs Initiative already has done with its "Available for Work" campaign.

"I don't think we're going to lose anyone with this message," Van Geons said. "... It's all about the total package, it really is."

Rowan County Commissioner Raymond Coltrain said he liked the all-county, team approach conveyed by RowanWorks.

Actually the logo unveiled to the EDC board Wednesday incorporates other important words or phrases:

- Economic development — "It's what we do," Van Geons said.

- Salisbury, NC — reflective of the county's largest city and county seat and "where to find us on a map," Van Geons said.

- For your business — a phrase that compliments "Available for Work."

Van Geons says the new logo represents an end to "disconnected identities" that maybe confused site selection consultants, companies, real estate brokers and citizens trying to find economic development information for the county.

RJI, which has been a focused, five-year marketing effort for the county, turned over its Web site and all the marketing images for the EDC's use.

"They recognized the need to pull everything together," Van Geons said.

Van Geons said it will allow the EDC to leverage the investment in marketing and research already done by RJI and plow new ground for the future.

The EDC and Rowan Jobs Initiative decided there should be one Web site for economic development information in Rowan County and that will be www.RowanWorks.com.

It essentially sends you to the Salisbury-Rowan Economic Development Commission, which is where the Rowan Jobs Initiative Web site directed visitors anyway.

A new sign at the county-owned Summit Corporate Center "is the only thing out there" which now incorporates the new RowanWorks logo, Van Geons said.

The new industrial park sign details the sites, what's available, what's developed and vital statistics on the various parcels.

Van Geons also took time Wednesday to outline a program of work for the new fiscal year, which started this month.

In recruitment of new industry, Van Geons said the EDC will increase its interaction and travel with the N.C. Department of Commerce; expand partnerships with Cabarrus County in connection to the N.C. Research Campus in Kannapolis; expand connections at the federal level; and maximize the county's investment with the Charlotte Regional Partnership.

Targeted industrial sectors for the EDC will include food processing, motorsports, advanced manufacturing, security and defense and logistics.

For existing industries, the EDC will try to sell the success stories, provide marketing materials, visit corporate headquarters of the companies here and "find ways to provide real benefit," Van Geons said.

The EDC also will work on ways for board members to continue networking.

Van Geons said he hopes to develop a stand-alone path on the EDC Web site for the Rowan County Airport, as part of creating a separate marketing piece.

The EDC will be installing a touch-screen device at the airport in coming weeks which will tell business visitors about the airport and the county.

Board members Randy Welch and James Taylor said the EDC Web site is more robust and has moved light years ahead of where it had been.

The board reviewed some of its successes in attracting new investment and creating or keeping jobs here over the past year. The EDC played a role in some $440 million in investment spread among six projects.

Next week, it will be asking for county incentives toward a possible $15.9 million investment at the Freightliner plant in Cleveland.

Despite some of the good news in a bad economy, Van Geons said, "none of us feel like we've done enough," given the jobless numbers and people "desperately trying to support their families."

The EDC probably improved its effectiveness in the past year, but still didn't do enough, Van Geons said.

New EDC Chairwoman Dianne Greene of Century 21 Towne & Country directed Wednesday's meeting and presented gifts to Jeanie Moore, who chaired over the past year.

Moore's six-year term on the board is coming to a close at the end of this year.

She said she will remain a champion for the EDC and economic development efforts in Rowan County. Moore praised her colleagues for becoming "very engaged and dedicated' over the past year.

Being on the EDC board "probably has been the best part of my community service," Moore said. She added that she learned a great deal through the years from fellow board members such as Bruce Jones, the late Jack Owens, Coltrain and Bill Wagoner, among others. 
Posted: 9/17/2009 5:04:52 PM by David Jones

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183 New Jobs Coming to Rowan

Thank you to all the partners that helped to make this happen, our Governor, the State Department of Commerce, Rowan County Commissioners, the Rowan Jobs Initiative and the North Carolina Community College System. 

Magna to Add 327 Jobs in Rowan, Caldwell and Catawba Counties
Company to Invest $10 Million to Grow 3 Facilities
Gov. Bev Perdue announced today that auto parts supplier Magna Composites LLC plans to expand three plants in the western part of North Carolina and create 327 new jobs over the next four years. The expansion – in which Magna plans to invest $10 million in facilities in Salisbury, Lenoir and Newton – was made possible in part by a state Job Development Investment Grant.

“Creating jobs is my number one priority, and this multi-county expansion is a win for the region and state,” said Gov. Perdue. “North Carolina’s commitment to education, workforce training and maintaining a top-rated business climate makes us well positioned to continue to add jobs and economic opportunities.”
Magna Composites is a division of Magna Exteriors and Interiors, which is a wholly owned subsidiary of Canadian auto parts giant Magna International (NYSE: MGA). Magna International operates 240 manufacturing facilities in 25 countries.

Magna added the three North Carolina plants to its holdings when it purchased portions of Meridian Automotive Systems’ composites business in June 2009. Since then, the company has increased employment at the three facilities, which currently provide jobs for 360 workers.

The largest of the three facilities, in Rowan County, will grow by 183 jobs. The plant in Caldwell County will add 134 jobs, and the smallest plant in Catawba County will add 10 workers. While individual wages will vary greatly by job function, the overall average for the 327 new jobs will be $33,352 plus benefits.

 Through Gov. Perdue’s JobsNOW initiative, the state continues to work aggressively to create well-paying jobs, train and retrain its workforce, and lay the foundation for a strong and sustainable economic future.
 “We have been fortunate to work with many people who understand our business and help us achieve common goals,” said Bob Brownlee, president of Magna Exteriors and Interiors. “We’re pleased that North Carolina recognizes the need for business-friendly programs, and it helps us remain in close proximity to our customers in this region.”

“This is great news for the region and for North Carolina,” said Rep. Lorene Coates.  “During this tough economy it’s critical to make the right investments to create jobs and bring economic opportunities to this area.”

The state’s Economic Investment Committee today voted to award a Job Development Investment Grant to Magna Composites. JDIGs are awarded only to new and expanding businesses and industrial projects whose benefits exceed the costs to the state and which would not be undertaken in North Carolina without the grant.
Under the terms of the JDIG, the company is eligible to receive a grant equal to 50 percent of the state personal income withholding taxes derived from the creation of new jobs for each of the six years in which the company meets annual performance targets. If Magna meets the targets called for under the agreement and sustains them for six years, the JDIG could yield up to $1.1 million in maximum benefits for the company.
Other partners that assisted with this announcement include: The N.C. Department of Commerce, N.C. Community Colleges, Caldwell County, Rowan County, Rowan Jobs Initiative and the City of Lenoir.
For more information about Magna, including job opportunities, visit www.magna.com.

Posted: 6/14/2010 11:30:38 AM by Robert Van Geons | with 0 comments
Filed under: Development, Economic, Initiative, Jobs, magna, RJI, Rowan, RowanWorks, County


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