Trending...
- Agape Leadership Academy Opens Nationwide Enrollment — State ESA Scholarships Cover Full Tuition for Families in 7 States
- Revenue Optics Expands Its Private Equity Practice as Sponsors Move Inside Sales to the Center of Distribution Value Creation
- AI Is Making It Easier for API-First Platforms to Connect, Partner, Reach Customers, and Grow Revenue Faster
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
- Asheville Clinician Publishes New Hypothesis on Trigeminal Neuralgia in Elsevier Journal
- A Foundational Claim in Human Secrecy Goes Public
- Kappa Foundation of Charlotte Launches Transformational Community Investment Project
- Agape Leadership Academy Opens Nationwide Enrollment — State ESA Scholarships Cover Full Tuition for Families in 7 States
- Las Vegas Headliner Don Barnhart Brings National Touring Comedy Show to Comedy Cabana
"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
- Nevada Boxing Hall of Fame Announces 14th Annual Induction Gala Weekend Honoring Classes of 2025 and 2026
- Brosix Celebrates 20 Years of Private Team Messaging for Small and Mid-Sized Businesses
- Top 15 Mosquito-Infested Cities in Louisiana and East Texas Ranked for 2026 Mosquito Season
- From Broken to Soaring Week 40
- Finnish Political Satire Film Generates 10,000+ Cross-Platform Interactions Following Gandalf Parody Video Across TikTok, YouTube and Telegram
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
- 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
- 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
- Community, Conservation & Waterwise Inspiration Bloom on June 6
- Industrial and systems engineers celebrate key leaders in the field at IISE Annual Conference
- Cosanostra Miami Rises as the Best Latin Nightclub in Miami in Under Two Years From its Opening
- CCHR Leader's 50-Year Fight for Psychiatric Drug Victims Gains National Momentum
- Author Releases 7-Day Screen Time Reset for Families as Teachers Worldwide Report Children "Struggling to Grasp Basic Concepts"
- Men's Health Month Begins with Record Proclamations, AP News Coverage, & National Momentum for Men's Health
- AdvisorVault Adds Social Media Archiving to its Consolidated D3P Service
- UK Financial Ltd Audits Full Ethereum Architecture Verifies Corporate Wallets and 19-Token Ecosystem Ahead of CoinMarketCap Filing for Global Ranking
- Creative Investment Research Analysis Finds Slower GDP Growth, Rising Inflation
- TechHouse Earns Highly Selective Microsoft Support Badge
- Chapel Hill Modernist Home Achieves Verified HERS Score of -29 in North Carolina's 100% Net-Zer
- J&J Exterminating Celebrates 65th Anniversary and Unveils Strategic Vision at Annual Team Meeting
- Tru by Hilton El Paso Airport Opens to Guests