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Lee Controls to create 77 jobs in Brunswick Co.

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SOUTHPORT, NC (NEWS RELEASE FROM GOV. MCCRORY'S OFFICE) -- Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Lee Controls, LLC will locate its manufacturing and headquarters operations in Brunswick County. The company plans to create 77 new jobs and invest $2.46 million over the next three years near Southport.

“This project demonstrates how reforming the tax code can become an important tool for economic development,” said Governor McCrory. “We welcome Lee Controls to our state and look forward to seeing more products made right here in North Carolina.”

Lee Controls, LLC is a world-class manufacturer of round rail products. The company produces precision linear motion components, including linear precision balls, ceramic, and Teflon® bearings, pillow blocks, and accessories such as carriage locks, carriage plates, and ball screws.

“North Carolina has the highly-skilled workforce that companies need to be competitive in a global economy,” said Sharon Decker, North Carolina Secretary of Commerce. “Lee Control’s decision to locate in Brunswick County will provide much-needed employment opportunities for this region in North Carolina.”

Salaries will vary by job function, but the average annual wage for the new jobs will be $39,649 plus benefits. The Brunswick County average annual wage is $33,174.

“North Carolina’s overall lower cost of doing business was a major reason why Lee Control chose to relocate to Brunswick County,” said Glen Michalske, President of Lee Controls. “We applaud the State’s recent tax reform, which allows us to reinvest in our employees and the future growth of our business. We are delighted to join the North Carolina community.”

The project was made possible, in part, by a performance-based grant from the One North Carolina Fund of up to $40,000. 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.

“Our recent efforts to reform the tax code are already making North Carolina more attractive to employers,” said Sen. Bill Rabon. “We welcome Lee Controls and wish them continued success here in Brunswick County.”

“We’re excited that Lee Controls is coming to Brunswick County,” said Rep. Frank Iler. “Our state’s top-notch workforce and lower cost of doing business allows companies to grow their business and compete in global marketplace.”

Other partners that helped with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Brunswick County Economic Development Commission, Brunswick County and the City of Southport.

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Full disclosure

I am aware of a number of people who have asked for the entire package given to Lee Controls to be itemized. For example, what was the amount of revenue lost to the City of Southport for waiving the sewer impact fee? By Southport data, it looks like at least $70,000.

It is good to offer incentives to businesses as long as those incentives are offered to all businesses and not just selective based on political agendas. If a fee is waived for one business, it should be for another. Any and all incentives should be done honestly and be open to the public. Basic 101 Common Sense.

This isn't creating new

This isn't creating new jobs. This is relocating jobs.
Somewhere in New Jersey, dozens of people have lost their jobs.........

Excellent news

77 jobs isn't much but a this point I'll take anything we can get.

Vog

Wonder how many of these

Wonder how many of these jobs will actually go to our local population & how many of their current staff will relocate from NJ to fill the 77 positions?

Either way, it will be

Either way, it will be helpful to the economy.