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Catalytic converter recycler to add jobs in NC


RALEIGH, N.C. -- A company that recycles automotive catalytic converters plans to create 98 jobs in North Carolina when it locates its production plant in Burke County.

Gov. Bev Perdue said Tuesday that VSA LLC will invest $4.5 million in the next two years for the plant in Morganton. The project will receive a $98,000 performance-based grant from the One North Carolina Fund if it meets certain job creation and local match requirements.

The average annual wage for the new jobs will be $30,000 - above the Burke County average of nearly $29,000 a year.

VSA has its headquarters and a pilot plant in Morganton.

On the Net: VSA LLC:

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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Any Job Creation

is a good thing. But, minor job numbers are not going to get this state out of trouble.

Since 2000, which happens to coincide with the beginning of the Easley Cash for Whatever promotion, there have been approximately 329,000 jobs created. Sadly, this has resulted in the addition of fewer than 13,000 "New" jobs. The remainder merely replaced other jobs which had been eliminated through layoffs, plant closings, and reductions in staff.

That equates to an approximate 4% increase in the number of jobs.

Care to guess what the % our population workforce increased?

There's a good question to ask the next time her Majesty wants to talk about jobs.

Prior to 2000, the beginning of the Easley administration, North Carolina had one of the most business friendly environments for businesses seeking to relocate.

It did not require massive subsidies. It merely took a government which understood businesses will not relocate to environments which tax the profits so severly they are better off shuttering the doors and letting the facilities rust away.

I'm not certain we have anyone in Raleigh who understands that. It's certainly a foriegn notion at the Governor's Mansion.