Gov. Bev Perdue today announced that Burlington Technologies Inc., a manufacturer of specialty textiles, will expand its facility in Alamance County. The company plans to create 110 jobs and invest $725,000 over the next three years in Burlington. The project was made possible in part by a $120,000 grant from the One North Carolina Fund.
"Our state's workforce and job training programs -- especially in the textile industry -- are second to none, thanks to our history of investments in education," said Gov. Perdue. "Our top-notch business climate makes North Carolina a great place in which companies like Burlington Technologies can thrive."
Burlington Technologies, headquartered in Burlington, is the parent company for three different technology businesses including BMS, Se7en and Verelli. Burlington Technologies also has affiliate companies in VitaFlex and Diagnostic Chips. The company currently employs more than 60 employees at its Burlington facility. Burlington Technologies is looking to secure an existing U.S. Government contract to supply equipment for the military. This planned expansion is contingent upon the company receiving the military contract.
Salaries will vary by job function, but the total payroll for the new jobs will be nearly $2.5 million.
"Our company is delighted to have the opportunity to create these jobs in North Carolina, especially in the textile segment that has seen hard times in recent years," said Michael Durham, President and CEO of Burlington Technologies. "Without the swift and coordinated support of our local city & county government leaders, as well as the N.C. Department of Commerce, these jobs and business opportunity would not be possible for our company, community, or state. Burlington Technologies is also proud and honored that we will be providing product for the men and women of our U.S. Military."
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.
North Carolina continues to have a top-ranked business climate. Through Gov. Perdue's JobsNOW initiative, the state works aggressively to create jobs, train and retrain its workforce, and lay the foundation for a strong and sustainable economic future.
Through use of the One NC Fund, more than 60,000 jobs and $11 billion in investment have been created since 2001. Other partners that helped with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Alamance County, City of Burlington, Alamance County Economic Development Foundation, Self Help and the N.C. Military Business Center.