Trending...
- UK Financial Ltd Audits Full Ethereum Architecture Verifies Corporate Wallets and 19-Token Ecosystem Ahead of CoinMarketCap Filing for Global Ranking
- New Home of the Month: Spacious Luxury Meets Modern Design in The Bristol at Heritage at Manalapan
- Milton Collier, CEO & President of Freight Broker 911, Eliminates the #1 Barrier to Entry in Logistics: Announces 100% Free Freight Broker Training
Sunlight Batteries USA, an industrial battery manufacturer, member of the Greek multinational Group Olympia, will create 46 jobs in Guilford County, Governor Roy Cooper announced today. The company will invest $6.5 million in machinery and infrastructure to establish their first North American assembly and distribution facilities in Greensboro.
"Global manufacturers like Sunlight batteries see great potential in North Carolina, from our location to our highly skilled workforce" said Governor Cooper.
Headquartered in Greece, Systems Sunlight, the parent company of Sunlight Batteries USA, has been specializing in energy storage and industrial batteries manufacturing since 1991. In its third decade of sustained growth, the company today ranks among the world's leading batteries manufacturers for traction, standby and defense applications, offering innovative solutions based on lead and lithium technology. Sunlight operates three state-of-the-art production facilities in Greece and Italy, implementing best practices in manufacturing, health and safety. With 93% of its production is channeled abroad, Sunlight exports to more than 100 countries in all continents. Sunlight Batteries will assemble and distribute lead and lithium batteries at the Greensboro facility.
More on ncarol.com
"The establishment of Sunlight in the US market is a significant milestone to our growth plan," said Robby Bourlas, Chief Executive Officer of Sunlight Batteries. "With the launch of Sunlight Batteries USA, we create our largest assembly hub and a strategic geographic presence in a market we have been exporting to for the last six years. This proximity will allow us to offer our highest quality products along with the best possible delivery times in order to better serve the demanding needs of the US market. Our total investment of $6.5 million over the next three years is a starting point to support our organic growth but we are also evaluating other strategic investment opportunities."
"North Carolina has the fifth largest manufacturing economy in the nation," said North Carolina Commerce Secretary Anthony M. Copeland. "With the largest manufacturing workforce in the Southeast and our transportation infrastructure, international companies like Sunlight Batteries will be very successful here."
The North Carolina Department of Commerce led the state's support for the company's decision.
Although wages will vary depending on the position, the average for all new positions could reach up to $47,978. The current average annual wage in Guilford County is $47,955.
More on ncarol.com
A performance-based grant of $100,000 from the One North Carolina Fund will help facilitate Sunlight Batteries' operation in Guilford County. The One NC 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.
"Sunlight Batteries is a welcome addition to Greensboro," said N.C. Senator Rick Gunn. "We are glad they have chosen our community for their first North American operations and are ready to support their expansion."
"This is exciting news," said N.C. Representative Jon Hardister. "Sunlight Batteries' investment and jobs are a great win for Guilford County and for the state of North Carolina."
In addition to North Carolina Department of Commerce and the Economic Development Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, North Carolina Community College System, North Carolina Department of Environmental Quality, Greensboro Chamber of Commerce, City of Greensboro, Guildford County Economic Development Alliance, High Point Economic Development Corporation, and Duke Energy.
"Global manufacturers like Sunlight batteries see great potential in North Carolina, from our location to our highly skilled workforce" said Governor Cooper.
Headquartered in Greece, Systems Sunlight, the parent company of Sunlight Batteries USA, has been specializing in energy storage and industrial batteries manufacturing since 1991. In its third decade of sustained growth, the company today ranks among the world's leading batteries manufacturers for traction, standby and defense applications, offering innovative solutions based on lead and lithium technology. Sunlight operates three state-of-the-art production facilities in Greece and Italy, implementing best practices in manufacturing, health and safety. With 93% of its production is channeled abroad, Sunlight exports to more than 100 countries in all continents. Sunlight Batteries will assemble and distribute lead and lithium batteries at the Greensboro facility.
More on ncarol.com
- P-Wave Classics Opens Pre-Orders for Volume II of Robert Bage's Hermsprong
- Montgomery Counseling Group Offers Specialized Therapy for Children and Adolescents in Charlotte
- Tuckwell Machinery Launches New Range of Woodworking Machinery
- A Brave Little Hero with Four Paws
- Revenue Optics Expands Its Private Equity Practice as Sponsors Move Inside Sales to the Center of Distribution Value Creation
"The establishment of Sunlight in the US market is a significant milestone to our growth plan," said Robby Bourlas, Chief Executive Officer of Sunlight Batteries. "With the launch of Sunlight Batteries USA, we create our largest assembly hub and a strategic geographic presence in a market we have been exporting to for the last six years. This proximity will allow us to offer our highest quality products along with the best possible delivery times in order to better serve the demanding needs of the US market. Our total investment of $6.5 million over the next three years is a starting point to support our organic growth but we are also evaluating other strategic investment opportunities."
"North Carolina has the fifth largest manufacturing economy in the nation," said North Carolina Commerce Secretary Anthony M. Copeland. "With the largest manufacturing workforce in the Southeast and our transportation infrastructure, international companies like Sunlight Batteries will be very successful here."
The North Carolina Department of Commerce led the state's support for the company's decision.
Although wages will vary depending on the position, the average for all new positions could reach up to $47,978. The current average annual wage in Guilford County is $47,955.
More on ncarol.com
- Ecuador Freedom Launches First Scheduled Motorcycle Tour of Northern Peru's Lost Kingdoms
- New from Regal House Publishing, We Meet Apart, two sisters trapped in an Irish country manor
- Lineus Medical Completes Financial Restructuring with KMF Investments- Launching a New Era for SafeBreak
- Exclusive Red-Carpet Screening of High-Stakes Indie Thriller "Queen City: The Hornet's Nest" Coming to North Carolina on June 20th
- Neuro Recovery Institute Showcases Emerging Immersive Neuro-Rehabilitation Technology at Clinical Innovation Open House
A performance-based grant of $100,000 from the One North Carolina Fund will help facilitate Sunlight Batteries' operation in Guilford County. The One NC 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.
"Sunlight Batteries is a welcome addition to Greensboro," said N.C. Senator Rick Gunn. "We are glad they have chosen our community for their first North American operations and are ready to support their expansion."
"This is exciting news," said N.C. Representative Jon Hardister. "Sunlight Batteries' investment and jobs are a great win for Guilford County and for the state of North Carolina."
In addition to North Carolina Department of Commerce and the Economic Development Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, North Carolina Community College System, North Carolina Department of Environmental Quality, Greensboro Chamber of Commerce, City of Greensboro, Guildford County Economic Development Alliance, High Point Economic Development Corporation, and Duke Energy.
0 Comments
Latest on ncarol.com
- Improving Health Disparities and Birth Outcomes: A Doula-Led Model That Saves Lives and Money
- Christian Apocalyptic Thriller Explores Biblical Prophecy, Global Technology, & the Rise of the Ant
- The Hidden Price Of Lost Property In UK Schools
- Milton Collier, CEO & President of Freight Broker 911, Eliminates the #1 Barrier to Entry in Logistics: Announces 100% Free Freight Broker Training
- FDA-Cleared AI Neuropsychiatry Platform, Million-Dose Ketamine Manufacturing and Presidential Psychedelic Initiative Drive Growing Momentum for NRXP
- AI Velocity Trading Launches Institutional-Grade Algorithmic Engine for Retail Investors
- Speaker and Certified Coach Syrena N. Williams Debuts Powerful New Book on Healing, Identity, and Wholeness
- Adherix Health launches SMS-first retention platform for GLP-1 treatment programs
- Kryptokasinot.io Raises Concerns Over Proposed Cryptocurrency Restrictions in Finland's Gambling Reform
- New Home of the Month: Spacious Luxury Meets Modern Design in The Bristol at Heritage at Manalapan
- The Calida Group Announces Sale of Ely at Fort Apache for $57.5 Million
- Bat Cave Flooding Reopens Hurricane Helene Trauma
- Summer Festivals in Gunma Prefecture: Song, Dance, and Vibrant Color – Get There Via Tobu Railway!
- Jetperch Introduces Joulescope JS320 Precision Energy Analyzer for Low-Power Embedded System Development
- AI-Powered Trading Bots Are Transforming Forex, Gold, and Digital Markets as DefiHash Expands Intelligent Quantitative Infrastructure
- Early Bird Registration Open for FLYING HY, the Top Hydrogen and Battery Electric Aviation Event
- Century Fasteners Corp. Hires Tony Marano as Director of Human Resources
- New from Regal House Publishing, Delivery, a spiraling odyssey of identity crisis
- Accelerating Toward Commercialization as FDA Momentum, AI Neurotherapy & Manufacturing Expansion Drive Multi-Catalyst Growth Story; N A S D A Q: NRXP
- New Wisconsin Report Shows Most Plane Crashes Happen Outside Major Hubs