Governor McCrory Announces Arrival of Dynamic Air Engineering Corporate Headquarters

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Governor McCrory Announces Arrival of Dynamic Air Engineering Corporate Headquarters

Published: Saturday, July 23rd, 2016 @ 6:37 pm
By: McCrory Communications ( More Entries )

Press Release:

Move will create 46 jobs in Catawba County

    Raleigh, N.C.     Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) announced today that Dynamic Air Engineering Inc. will establish corporate operations in Catawba County. The company intends to build a 46-person workforce in Claremont during the next three years, investing over $6.8 million. The company has also set further goals of adding at least seven more positions in years four and five following their relocation.

    "North Carolina - where aviation was born -- welcomes this family-owned manufacturer as the newest member of our defense and aerospace sector," said Governor McCrory. "Dynamic Air Engineering shares our state's commitment to innovation, quality and customer focus. The corporate headquarters will be a great fit for our business community."

    Founded in Los Angeles in 1942, Dynamic Air Engineering (DBA DAE Systems) is currently headquartered in Santa Ana, California where the company designs, develops and manufactures specialty components and systems for the aerospace and defense industries. Its customized, highly engineered solutions find extensive use in military, commercial and law enforcement applications, on the ground, in the air or over the water.

    "North Carolina's commitment to the military, our affordable business costs and strategic talent pipelines make us a natural choice for future-focused companies like Dynamic Air Engineering," said Secretary Skvarla. "Aerospace products and parts manufacturing job growth has increased 32.5% since 2013 making North Carolina the fastest growing state for aerospace jobs in this timeframe."

    Dynamic Air Engineering's new operations in the City of Claremont will employ 46-people. Positions will include engineers, machinists, and senior executives among others. Annual salaries will vary by position but will average at least $66,931. Overall wages in Catawba County currently average $38,238 per year.

    "After extensive research over the past two years, Dynamic Air came to the conclusion that North Carolina offers the best backdrop for the next chapter in our company's legacy," said Jeremy I. Morrison, President of DAE Systems. "The State's dedication to promoting the professional growth of its citizenry through education, combined with a willingness to work in partnership with the business community made our choice a clear one. All of us look forward to a long and prosperous relationship with the great State of North Carolina and the wonderful community of Catawba County."

    The project was made possible in part by a performance-based grant of up to $110,000 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.

    "Catawba County welcomes this pioneer in aviation components and the 46 high-quality jobs it is bringing," said N.C. Sen. Andy Wells. "Dynamic Air Engineering will be a valued member of our manufacturing community."

    "Congratulations to Dynamic Air Engineering on its choice of Catawba County for this significant investment," said N.C. Rep. Mitchell Setzer. "I commend our local and state economic development partners for making this exciting announcement possible."

    Joining EDPNC and N.C. Commerce in supporting Dynamic Air Engineering's location plans are the North Carolina General Assembly, the North Carolina Community College System, Catawba County, the City of Claremont, the Catawba County Economic Development Corporation and the Charlotte Regional Partnership.