Our Latest News

Good news travels fast, especially in Stanly County. Check out our latest headlines, events, new business relocations, and notable expansions. Have Stanly County Economic Development news you’d like to share. Let us know.

Industrial Products, Conveyors & Drives (IPCD) to Expand Operations in Richfield, North Carolina

Richfield, NC (Stanly County): Industrial Products, Conveyors & Drives, Inc., an industry leader in conveyor systems and replacement components in the southeast, has announced plans to expand its operations in Stanly County. The expansion will result in approximately $2.1 million in new taxable investments in real property improvements and machinery and equipment. The project will create twenty (20) jobs within five (5) years to expand their manufacturing, sales, and distribution facility.

Auria Solutions to Expand Albemarle Facility

Auria Solutions, one of the world’s largest suppliers of automotive flooring, acoustics and other fiber-based products, will be expanding its operations in Albemarle, NC and adding 18 jobs and $1.66 million in machinery and equipment within the next 12 months.

Business Facilities Magazine Names North Carolina “2020 State of the Year”

North Carolina is Business Facilities’ 2020 State of the Year, the first time NC has earned BF’s top honor, which has been bestowed annually by the magazine since 2007.

“North Carolina has been a rising star on our radar for several years,” BF Editor in Chief Jack Rogers said. “The successful execution of a regional economic development strategy targeting a diverse group of growth sectors in North Carolina is reflected in the proliferation of top-ten results for NC in our state rankings.”

For the entire article, visit their website at:  https://businessfacilities.com/2021/02/north-carolina-2020-state-of-the-year-rising-star-with-global-reach/

Nabell USA Moves Forward with Albemarle Expansion and Creation of New Jobs

Nabell USA, a manufacturer and distributor of Bellows and Protective Covers for medical, industrial and scientific applications opened its doors in Stanly County in 1998 and relocated to the city in 2009. Nabell will be expanding its operations in Albemarle, NC and plans to create 15 new jobs within the next 24 months and invest approximately $2.9 million at its existing facility.

Charlotte Pipe and Foundry Company Announces Foundry Relocation to Oakboro

Charlotte Pipe and Foundry, a trusted North Carolina-based manufacturer and distributor of plumbing systems since 1901, announced it would be relocating its foundry operations to Oakboro, North Carolina. As the nation’s top manufacturer of cast iron and plastic pipe and fittings, Charlotte Pipe and Foundry has seven plant locations across the United States and distributes worldwide. The company plans to create approximately 400 new jobs in Stanly County and invest at least $325 million at the new facility.