Governor Perdue Announces the Retention of Jobs in Beaufort County | Eastern North Carolina Now

Press Release:

    RALEIGH     Gov. Bev Perdue today announced that Spinrite Services LLC, a manufacturer of craft yarns, will locate a facility in Beaufort County. The company plans to create 90 jobs and invest $9.1 million over the next three years in Washington. The project was made possible in part by an $180,000 grant from the One North Carolina Fund.

    "Creating jobs is my top priority," Gov. Perdue said. "Spinrite's expansion is the result of our top-ranked education and workforce training programs and highlights why we need to fund them. Those programs are an essential ingredient in our nationally acclaimed business climate that attracts companies like Spinrite and enables them to thrive."

    Spinrite Limited Partnership, based in Listowel, Ontario, is a wholly-owned subsidiary of Spinrite Acquisition Corp. Spinrite is a leading manufacturer and marketer of craft yarns sold throughout North America. The company has a diverse hand-knitting product line sold under its Bernat, Patons, Lily Sugar n? Cream, Peaches and Crème, and Phentex brands.

    Spinrite acquired certain assets, including the Washington facility, from Caron International, Inc in 2011. Workers who were laid off following that acquisition will have an opportunity to apply for new positions with Spinrite.

    Salaries will vary by job function, but the total payroll for the new jobs will exceed $2 million.

    "We are very excited about our new opportunity in North Carolina,? said Ryan Newell, President of Spinrite Limited Partnership. ?The talented workforce in Beaufort County will provide an excellent foundation for further expansion and growth of our business. The One North Carolina Fund incentives were a key component in our decision to choose Washington over other alternatives."

    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.

    "Spinrite's specialized work shows how North Carolina has been able to revitalize critical elements of the textile industry," said Sen. Stan White, of Nags Head. "Our workforce and job training, especially in textiles, is second to none, and it?s critical that we find a way to continue funding those programs and our overall education efforts."

    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, Beaufort County Economic Development Commission, Beaufort County and the City of Washington.
Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




Beaufort County Government's General Meeting Agenda: Monday, April 2, 2012 Government, State and Federal Misfeasance has now become malfeasance by the Gang of Five as they ignore problems in the EDC


HbAD0

Latest State and Federal

Former President Donald Trump suggested this week that if he becomes president again, he might allow Prince Harry to be deported.
Vice President Kamala Harris will visit a Minnesota Planned Parenthood clinic, reportedly the first time a president or vice president has visited an abortion facility.
Sen. Ted Cruz (R-TX) said this week that the only campaign promise President Joe Biden has delivered on as president is the complete dismantling of the U.S. southern border.
Hamas is reeling after losing two of their most cherished leaders on the same day: military commander Saleh al-Arouri, and Harvard President Claudine Gay.
President Joe Biden’s brother told the Internal Revenue Service that Hunter Biden told him he was in business with a “protege of President Xi,” referring to the leader of China, according to notes by an IRS investigator that were divulged during a congressional interview of Jim Biden.
That’s the question Marguerite Roza of Georgetown University’s Edunomics Lab sought to answer in a recent webinar on the topic.
The University of Florida has fired all of its diversity, equity, and inclusion (DEI) employees and shut down its DEI office.
Glenn Beck: 'When the United States government can come after individuals, that's when you know our republic is crumbling.'
Rep. Mark Green (R-TN) reportedly blasted Homeland Security Secretary Alejandro Mayorkas for “stonewalling” details about the illegal immigrant accused of murdering Laken Riley, a 22-year-old Georgia college student.

HbAD1

“The Biden administration's plan in the Middle East is to hand over power to the Palestinian Authority, which literally pays the families of terrorists who murder Jews.”
Two Democratic members of North Carolina’s congressional delegation are ranked among the most likely to be picked off in 2024, according to a new analysis from Roll Call.
Former President Donald Trump dominated the North Dakota Republican Caucus on Monday as he continues to inch closer to officially securing the party’s presidential nomination.
The North Carolina Department of Health and Human Services is launching a Community Partner Engagement Plan to ensure the voices of North Carolina communities and families continue to be at the center of the department’s work.
The Pentagon official helped lead an organization that pushed 'transgender day of visibility' in the military
Former President Donald Trump filed an appeal to overturn a Democrat judge’s decision to remove him from the presidential ballot in Illinois.
Republican officials continued their probe of BlackRock this week, saying that the financial giant has not been forthcoming about how climate activists are shaping its policies, according to a letter first obtained by The Daily Wire.

HbAD2

 
Back to Top