Universal Forest Products gets state grant
Published 12:00 am Wednesday, June 29, 2011
Gov. Bev Perdue today announced that Universal Forest Products Inc. (UFPI), a leading manufacturer of wood and wood-alternative products, will expand in Rowan County.
The company plans to create 49 jobs and invest $2.6 million during the next three years in Salisbury. The project was made possible in part by an $85,000 grant from the One North Carolina Fund.
The Rowan County Board of Commissioners approved a $37,500 grant earlier this month for the project, requested by RowanWorks.
Universal Forest Products is the nation’s leading manufacturer and distributor of wood and wood-alternative products to the retail, construction, manufactured housing and industrial markets. UFPI and its subsidiaries currently employ more than 300 people in Alamance, Pasquotank, Randolph and Rowan counties. This project will open a second facility in Salisbury to concentrate on customized industrial packaging for large customers.
Salaries will vary by job function, but the average annual wage for the new jobs will be $37,143 plus benefits. The Rowan County average annual wage is $36,036.
“We are pleased to have the opportunity to expand in Rowan County, an area that has served us well for many years with excellent employees and customers, and with a good environment for growing our business,” said Jeff Richard, general manager Universal’s Salisbury operations.
“This is an exciting opportunity for us, and we’re pleased to be in a position to add jobs and grow our operations. We appreciate the many people and organizations that supported us in this venture, including the State of North Carolina, the Rowan County Board of Commissioners, the Salisbury City Council, the Salisbury-Rowan Economic Development Commission and Duke Energy.”
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.
For more information about UFPI, including job opportunities, go to www.ufpi.com.
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