Trending...
- VDG Virtuoso Emerges as a New-Model Independent Industry Figure Blending Artist, Executive, and Infrastructure Builder
- A Well-Fed World, Youth Climate Save and PAN International Launch PHRESH: A Global Directory of Plant-Based Hunger Relief Organizations
- Documentary "Prescription for Violence: Psychiatry's Deadly Side Effects" Premieres, Exposes Link Between Psychiatric Drugs and Acts of Mass Violence
American Racing Headers & Exhaust, Inc., a leading designer, manufacturer, and distributor of stainless-steel headers and exhaust system components, will locate a new manufacturing facility in Stanly County, Governor Roy Cooper announced today. The company will invest $4.37 million and add 63 new jobs as it relocates its operations to the Charlotte region.
"Manufacturers know they can count on North Carolina's skilled and reliable workers," said Governor Cooper. "Our focus on building a well-trained workforce continues to pay dividends in new jobs and new investments across many industries in our state."
American Racing Headers (ARH) is a well-known and respected manufacturer of high-quality performance exhaust products, particularly for the professional racing industry. The company serves a worldwide customer base but prides itself as a 'Made In The USA' company, one that does not outsource. The company's project in Stanly County will bring a 50,000 square foot or larger facility to the area, combining both manufacturing and corporate office functions at the site.
More on ncarol.com
"We selected Stanly County and the Charlotte area because our company has always held a deep-seated desire to be located in the heart of racing country," said Nick Filippides, Owner/Operator of American Racing Headers. "ARH looks forward to joining and strengthening the fabric of what makes the region so unique to motorsports."
"Motorsports are one of North Carolina's signature industries," said North Carolina Commerce Secretary Machelle Baker Sanders. "Manufacturers serving this industry must meet high standards for precision manufacturing, and North Carolina's workforce training programs are designed to deliver the skilled workers manufacturers like ARH need to succeed."
The company's new jobs will yield an average salary of $52,552, although actual wages will vary by position. The Stanly County average annual wage is $35,420. Once the projects' new jobs are in place, the local region will benefit from a nearly $3.3 million payroll impact in the community, each and every year.
More on ncarol.com
A performance-based grant of $175,000 from the One North Carolina Fund will help facilitate American Racing Headers' expansion in Stanly County. The OneNC 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 OneNC grants require a matching grant from local governments and any award is contingent upon that condition being met.
Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Rural Infrastructure Authority, the Town of Stanfield, Stanly County, the Charlotte Regional Business Alliance, and the Stanly County Economic Development Commission.
"Manufacturers know they can count on North Carolina's skilled and reliable workers," said Governor Cooper. "Our focus on building a well-trained workforce continues to pay dividends in new jobs and new investments across many industries in our state."
American Racing Headers (ARH) is a well-known and respected manufacturer of high-quality performance exhaust products, particularly for the professional racing industry. The company serves a worldwide customer base but prides itself as a 'Made In The USA' company, one that does not outsource. The company's project in Stanly County will bring a 50,000 square foot or larger facility to the area, combining both manufacturing and corporate office functions at the site.
More on ncarol.com
- Wild Hermit Wellness and Bestselling Author Samantha McManus: A Synergy of Spirituality & Self-Care
- Phinge Founder & CEO Robert DeMaio Ranked #1 Globally on Crunchbase, Continues to Convert Previous Debt Owed to Him by Phinge into Convertible Notes
- Donna Cardellino Manager/Facilitator Signs Justin Jeansonne Country Singer-Songwriter To Exclusive Management Deal For Global Music Expansion
- Golden Paper Launches a New Chapter in Its Americas Strategy- EXPOPRINT Latin America 2026 in Brazil
- Shiny Stars Hosts Holiday Appreciation Lunch for Local First Responders and Library Staff
"We selected Stanly County and the Charlotte area because our company has always held a deep-seated desire to be located in the heart of racing country," said Nick Filippides, Owner/Operator of American Racing Headers. "ARH looks forward to joining and strengthening the fabric of what makes the region so unique to motorsports."
"Motorsports are one of North Carolina's signature industries," said North Carolina Commerce Secretary Machelle Baker Sanders. "Manufacturers serving this industry must meet high standards for precision manufacturing, and North Carolina's workforce training programs are designed to deliver the skilled workers manufacturers like ARH need to succeed."
The company's new jobs will yield an average salary of $52,552, although actual wages will vary by position. The Stanly County average annual wage is $35,420. Once the projects' new jobs are in place, the local region will benefit from a nearly $3.3 million payroll impact in the community, each and every year.
More on ncarol.com
- UK Financial Ltd Executes Compliance Tasks Ahead Of First-Ever ERC-3643 Exchange-Traded Token, SMCAT & Sets Date For Online Investor Governance Vote
- VDG Virtuoso Emerges as a New-Model Independent Industry Figure Blending Artist, Executive, and Infrastructure Builder
- VDG Virtuoso Builds Independent Label (VDG Records) and PR Infrastructure
- TheOneLofi2: New Home for Chill Lo-Fi Hip Hop Beats Launches on YouTube
- VDG Virtuoso Establishes Independent Creative Infrastructure Focused on Long-Term Artist Development
A performance-based grant of $175,000 from the One North Carolina Fund will help facilitate American Racing Headers' expansion in Stanly County. The OneNC 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 OneNC grants require a matching grant from local governments and any award is contingent upon that condition being met.
Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Rural Infrastructure Authority, the Town of Stanfield, Stanly County, the Charlotte Regional Business Alliance, and the Stanly County Economic Development Commission.
0 Comments
Latest on ncarol.com
- Psychiatric Drug Damage Ignored for Decades; CCHR Demands Federal Action
- Why Millions Are Losing Sexual Sensation, And Why It's Not Age, Hormones, or Desire
- Justin Jeansonne An Emerging Country Singer-Songwriter Music Fans Have Been Waiting For…a True Maverick
- Russellville Huntington Learning Center Expands Access to Literacy Support; Approved Provider Under Arkansas Department of Education
- UK Financial Ltd Launches U.S. Operations Following Delaware Approval
- Pinealage: the app that turns strangers into meditation companions — in crowdfunding phase
- "Micro-Studio": Why San Diegans are Swapping Crowded Gyms for Private, One-on-One Training at Sweat Society
- Beycome Closes $2.5M Seed Round Led by InsurTech Fund
- Tru by Hilton Columbia South Opens to Guests
- Christy Sports donates $56K in new gear to SOS Outreach to help kids hit the slopes
- "BigPirate" Sets Sail: A New Narrative-Driven Social Casino Adventure
- Phinge CEO Ranked #1 Globally by Crunchbase for the Last Week, Will Be in Las Vegas Jan. 4-9, the Week of CES to Discuss Netverse & IPO Coming in 2026
- Fayetteville Concrete Contractors Serves Cumberland County with Concrete Solutions
- Women's Everyday Safety Is Changing - The Blue Luna Shows How
- Microgaming Unveils Red Papaya: A New Studio Delivering Cutting-Edge, Feature-Rich Slots
- 5-Star Duncan Injury Group Expands Personal Injury Representation to Arizona
- NC State and Railinc Partner to Advance Freight Efficiency through Modal Rebalancing Study
- The End of "Influencer" Gambling: Bonusetu Analyzes Finland's Strict New Casino Marketing Laws
- AI-Driven Cybersecurity Leader Gains Industry Recognition, Secures $6M Institutional Investment, Builds Momentum Toward $16M Annual Run-Rate Revenue
- TRIO Heating, Air & Plumbing Now Ranks #1 in San Jose