Trending...
- 5X Gross Margin Improvement to Beat EPS Consensus; $54.6 Million 10-Year Contract Award Puts Cybersecurity Leader on Path to a $30 Million Run Rate
- New Book, The KI of Marketing, Helps Small Businesses Grow Without Trying to Outspend Bigger Competitors
- Free Commercial Glass Estimating and Code Compliance Tools Launched by Landmark Construction - The Leading Glass Company in Los Angeles
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
- RemoteBridge Names Dr. John N. Just, Ed.D. Chief Executive Officer
- Project CIVICA Report Finds 10,680 Non-Citizen Indicators on New York Voter Rolls — Including 88 Records with Recent Voting History
- New Analysis Details Three Converging Forces in AI and Workforce Policy Behind a $37 Billion GDP Reduction
- Revenue Optics Launches Pricing and Revenue Growth Management Practice, Names Shafohi Alamgir Vice President
- Popular AI planner Voiset launches version 2.0 and enters MENA at LEAP 2026 with full Arabic support
"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
- CasaPerks and CredHub Partner to Help the Multifamily Industry Strengthen Resident Activation Through Credit-Building Rewards
- NaturismRE expands international research programme with Health & Wellbeing Survey
- L2 Aviation and Gotonomi Extend UAV Connectivity Beyond Cellular Reach
- Re:InvestorHub Launches the First AI-Powered Operating System Built for Real Estate Investors
- Nadi Plumbing Leads Charlotte in Private Fire Hydrant Services, Eyes Regional Expansion
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
- Tallahassee Million-Dollar Home Sales Rise in 2026 as Median Selling Time More Than Doubles
- STEM For Kids® Unveil Turn-Key "Screen-Smart" Solution to Bridge Teacher Preparedness Gaps in Texas
- Award-Winning Couture Master Perfumer JoAnne Bassett Launches All-Natural DIY Perfume Making Kits
- Couture Master Perfumer JoAnne Bassett Offers Rare Opportunity to Acquire 70 Formula Perfume Codex
- Slotozilla Reports Strong Growth in Q2 2026
- Flexible Plan Investments Names Carl Resnick President
- Paula Josephine Sadler Releases "Imagine" on 24th Anniversary of Sobriety
- Ritz-Carlton Residences Houston Generates Strong Early New Construction Sales at 2120 Post Oak Blvd
- No Sugar Baker Continues National Growth with Seattle Market Expansion Across Washington, Idaho, and Alaska
- The Refugee Archive Launches Campaign to Preserve 21 Female-Headed Household Oral Histories in Rebel-Controlled Goma
- Space Ambitions Expanding as New Testing Builds on NASA Results and Targets MEO, GEO and Next-Generation Orbital Markets: Ascent Solar Technologies
- FDA Path Clears, Manufacturing Ramps Up + $22.3 Million Strengthens the Balance Sheet; Inflection Point for NRx Pharmaceuticals (N A S D A Q: NRXP)
- Buy Retatrutide Research Peptide: Why Reta Is Getting So Much Attention
- New Book Helps Educators Navigate AI in the Classroom While Keeping Humans in Charge
- San Diego Attorney Anthony Z. Vargas Narrows Practice to Employment Law, Representing Employees Only
- LifeTime Asset & Tax Management Named on the 2026 Inc. 5000 List
- Solid Earth Introduces RealtyID, a Universal Identity Spine for the Real Estate Industry
- Pastor Miguel Bustillos Brings Deliverance and Exorcism Ministry Conference to Durham, NC
- TOLI CORPORATION's President Visits U.S. to Celebrate Partnerships and Support North American Market
- BumbleBeeSmart Launches Dedicated Sensory Wall Panels Collection for Adults, Memory Care and Senior Living