Case Studies

June 2008:  Turbomeca, opens its first U.S. facility in Monroe, N.C.

• The french-owned helicopter manufacturer, whose clients include Sikorsky and Boeing, operates out of a new $50 million facility
• Since opening, the company has grown to nearly 200 employees.
• The 120,000 sf newly built facility is the first place that parts are being manufactured outside of France.
•  Turbomeca received $5 million in incentives, including 41 acres for the site near the Monroe Regional Airport
• A new contract with the U.S. Army to build turbo-jet engines for the Lakota light-utility helicopter prompted the need for U.S. a production platform.

May 2008:  ATI Allvac follows $28 million expansion in 2005 with second expansion in 2008

• ATI Allvac announces a $210 million expansion, adding 125 jobs to the 1,100 employees working at two existing Monroe, N.C. facilities.
• The company received a $300,000 One North Carolina Fund grant that required a local match.
• Salaries for ATI Allvac's new jobs are nearly 40% higher than the average wage in Union County.

January 2009:  Composite Resources Inc. expands its Rock Hill facility

• The military polymers supplier expands for a second time, investing $3.5 million and adding 50 jobs over the next five years.
• The company purchases five acres adjacent to its existing York County campus located in Tech Park.
• The new 60,000 sf facility will provide a dedicated production plant for specialty contract manufacturing work for military and medical products.

February 2010:  Defense Venture Group, announces new facility in South Carolina

• A supplier of armored vehicles and security products, Defense Venture Group moves its manufacturing, research and development and headquarters operations to Lancaster County, S.C.
• The $50 million investment will create 220 new jobs over five years.
• The company cites a strong workforce and business environment that will foster future growth as key factors in its decision.