Raleigh, NC (February 16, 2018) – Site Location Partnership (SLP), a Dallas-based site selection advisory firm, announced that InterMarket Technology, Inc., a manufacturer of Point of Purchase displays and recycling bins, has selected Beaufort County for its corporate headquarters and manufacturing facility. Plans are to create 57 jobs over three years, Governor Roy Cooper announced today. The company will locate operations in Washington, NC and invest nearly $2.7 million.
“North Carolina is a national leader for manufacturing and we’re excited to welcome a new manufacturer to put down roots in our state,” Governor Cooper said. “Companies like InterMarket Technology are attracted to our friendly business climate and skilled workforce, and we’re striving to make our workforce even stronger so we can keep bringing good jobs to North Carolina.”
“We look forward to tapping into the many resources North Carolina has to offer,” said Scott R. Gardner, CEO and Founder of IMT. “We are planning on creating new jobs for operations and to introduce and expand a variety of products made of wood, steel and plastic.”
“North Carolina is the number one manufacturing state in the Southeast,” said North Carolina Commerce Secretary Anthony M. Copeland. “More than 464,000 people work in manufacturing positions in our state, and that workforce is 42% more productive when compared to the nation.”
The North Carolina Department of Commerce and the Economic Development Partnership of N.C. (EDPNC) were instrumental in supporting the company’s expansion decision.
The new jobs will bring a yearly payroll impact of $1.7 million to the local economy. A performance-based grant of $50,000 from the One North Carolina Fund will help facilitate InterMarket Technology’s relocation to North Carolina. The One N.C. Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All One NC grants require a matching grant from local governments and any award is contingent upon that condition being met.
“It’s good to see a new employer locate in our area,” said N.C. Senator Bill Cook. “Our community appreciates this new partnership with a growing company like InterMarket Technology.”
“We appreciate the commitment that InterMarket Technology has made to our community,” said N.C. Representative Beverly Boswell. “I am proud of the teamwork from many local, regional, and statewide partners that have supported the company as it made this decision.”
In addition to North Carolina Commerce and the Economic Development Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, the North Carolina Community College System, NCWorks, ElectriCities, Beaufort County Community College, Beaufort County Schools, the Beaufort County Commissioners, Beaufort County Economic Development Advisory Board, Beaufort County Committee of 100, the City of Washington Council, Beaufort County Economic Development Allies, and the Washington-Beaufort County Chamber of Commerce.
About InterMarket Technology, Inc.
Founded in 1995, InterMarket Technology, Inc. (IMT) is the authorized Caterpillar® heavy equipment and engine dealer for 118 counties in South, Central, North and East Texas. Established in 1933, HOLT sells, services and rents CAT equipment, engines and generators for construction, mining, industrial, petroleum and agricultural applications. HOLT CAT is one of 15 dealers in the Americas to receive Caterpillar’s “Circle of Excellence” award. This award is given to the top five dealers in Caterpillar’s East Region, West/Canada Region, and South America Region. This prestigious recognition is achieved through a dealerships consistent excellence across a variety of business measurements including performance, quality, safety and customer satisfaction.
About Beaufort County Economic Development
The Beaufort County Economic Development is a department of Beaufort County government established to facilitate the creation of new jobs and investment in Beaufort County. Its core mission is to recruit and expand businesses in the county by establishing programs to retain and nurture existing businesses, plus work in partnership with economic development allies to market the community. The department works closely with local, regional and state partners, both public and private, to fulfill its mission.
About Site Location Partnership
Site Location Partnership is a multi-disciplined advisory firm that enables the growth of businesses, communities and economies through its two primary consulting areas – corporate site selection and economic development. SLP’s Corporate Location Practice helps companies from industrial and commercial sectors select the optimal location for expansion, relocation or consolidation of business facilities. SLP’s Economic Development Practice assists various organizations in implementing business attraction strategies for new corporate investment, job creation and economic growth.
Media Contact
Ashley Freeman
Research Manager
Site Location Partnership
Phone: 972-874-7483
info@sitelocationpartnership.com
https://www.sitelocationpartnership.com