Governor Pat McCroryRaleigh, NC– Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Cape Fear Arsenal Inc. will locate a new manufacturing facility in Robeson County. The company plans to create 150 jobs and invest more than $15.2 million over the next three years in Lumberton.
“Our state has a strong manufacturing legacy,” said Governor McCrory. “This new facility advances that legacy with an innovative process that will result in much-needed, well-paying jobs for workers in Robeson County.”
Cape Fear Arsenal is a privately-held corporation focusing on providing high quality ammunition products in the Southeast U.S. Its products will be primarily sold to law enforcement. The company also anticipates bidding on contracts for the military and state agencies.
“Cape Fear Arsenal’s decision to locate this facility in Robeson County is a big win for the region and state,” said Sharon Decker, North Carolina Secretary of Commerce. “Our commitment to spurring economic growth continues to bring good-paying, high-skilled jobs for North Carolina families.”
Salaries will vary by job function, but the average annual wage for the new jobs will be $41,559, plus benefits. The Robeson County average annual wage is $26,832.
“CFA is very appreciative of this opportunity to partner with the state of North Carolina and Robeson County, as we look to do something positive in this industry,” said CEO David Hargitt. “Without the state and local government’s outstanding support, CFA’s ability to provide these opportunities in Lumberton would not have been possible. CFA will apply innovative manufacturing technology and the highly competent Robeson County workforce to produce various calibers of pistol ammunition for an already stressed and lacking ammunition market.”
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $490,000. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches.
“This new manufacturing facility will provide solid employment opportunities for an area that was hit hard by the recession,” said Sen. Michael Walters. “We welcome Cape Fear Arsenal to North Carolina and wish them continued success in Lumberton.”
“North Carolina’s tremendous workforce continues to attract businesses to our state, and we’re excited to have Cape Fear Arsenal coming to Robeson County,” said Rep. Garland Pierce.
Other partners that helped with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Robeson County, City of Lumberton, Robeson County Economic Development Commission and the Robeson County Committee of 100.
“Its products will be primarily sold to law enforcement. The company also anticipates bidding on contracts for the military and state agencies.”
Ummm…..so they are taking advantage of gun companies getting kicked out of other states by allowing them to make guns in their state FOR the government and NOT for the people. So how is that solving the gun and ammo shortage problem for the people?
Oh yea, I’m missing the point. It’s all about the JOBS! Not about the ammo for the people or the motives and corporations behind it. My bad. I have to stop being a selfish American National and start thinking about the wonderful state and corporations.
Our government is so despicable.
I live in NC, this is nothing but Corp Welfare. The state steals the peoples money and give it to people who will line their pockets with money to get reelected. Ammo for law enforcement and military, why not the citizens of NC, we paid for this company to come here.