12/14/2017 – Sealed Air awarded One NC, Building Reuse grants for planned expansion

Posted on: December 15th, 2017 by admin

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December 14, 2017

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North Carolina Gov. Roy Cooper announced that Sealed Air Corporation has received a $100,000 One North Carolina Fund grant for a planned expansion that will create 25 new full-time jobs at the company’s Lenoir facility during the next three years.

 

In addition, the North Carolina Department of Commerce’s Rural Economic Development Division also announced Sealed Air has been awarded a $300,000 Building Reuse grant for the $10.4-million project that includes the development of a new manufacturing line.

 

“Leading manufacturers continue to recognize North Carolina as the best state for business in America,” Gov. Cooper said. “Sealed Air decided to expand here because they know North Carolina has what it takes for businesses to succeed.”

 

Long noted for its packaging products, Sealed Air has operated in Caldwell County for nearly four decades and has manufacturing sites in Lenoir and Hudson that employ more than 200 people combined. The company recently moved its corporate headquarters from New Jersey to Charlotte, and Lenoir was selected for the expansion over other international and domestic locations.

 

“Sealed Air Corporation and – in particular – the Sealed Air Lenoir facility sincerely appreciate the partnership and financial commitment that the State of North Carolina has demonstrated through its support of our investment in this facility and its talented and committed employees,” Sealed Air Plant Manager Karen Crisp said of the project previously referred to as Project Joynes by the Caldwell County Economic Development Commission. “We are looking forward to continuing to grow our operations here in the local community.”

 

Salaries for the new jobs will vary by position but will average $49,306 per year. The average annual salary in Caldwell County is $34,744. In addition to the state grants, Sealed Air was awarded a $2,000 Local Jobs Incentive by the Caldwell County Board of Commissioners. All of the grants are performance based and require specific job creation and investment documentation.

 

“Sealed Air continues to be one of the most significant anchor companies in our county and has played a major role in diversifying our economic landscape,” Caldwell EDC Executive Director Deborah Murray said. “The company possesses a culture of opportunity and has exemplified its commitment by assisting its employees with training, education, and workplace advancement.

 

“It gives us great pride in demonstrating that our location can compete on an international level and win. The selection of Lenoir also shows Sealed Air has tremendous confidence in its local personnel.”

 

Rated for three consecutive years by Forbes magazine as the most admired company in its industry, Sealed Air – a primary packaging supplier for companies such as Amazon – has grown steadily over the past five years and has a market value of more than $8.7 billion.

 

“Sealed Air is bringing quality, well-paying manufacturing jobs and a significant capital investment to Western North Carolina,” N.C. Sen. Deanna Ballard said. “I am proud of our community’s momentum to maximize our talent, business climate, and infrastructure towards supporting business expansion like Sealed Air’s.”

 

In addition to the Caldwell County Commission and the Caldwell EDC, Sealed Air was assisted in the grant process by the N.C. General Assembly, the N.C. Department of Commerce, and the Economic Development Partnership of North Carolina.

 

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