Poli-Twine Inc., a Canadian rope and twine manufacturer, is opening a factory in Pilot Mountain, creating 80 new jobs and investing $8 million in the area. The announcement was made possible in part by a $200,000 grant from the One North Carolina Fund.
Founded in 1964 and headquartered in Ontario, Canada, Poli-Twine has become one of North America’s leading manufacturers of synthetic rope and twine products for the agricultural and industrial markets. The company will operate an 188,000 square foot factory on the site of the former Wellington Leisure Products plant. The company plans to begin renovations at the plant on Oct. 1, and to be operational by February 2006.
The average salary for the manufacturing positions will be $510 a week plus benefits, which is greater than the county average of $464, not including benefits.
"North Carolina was selected because of its central location to our markets, the availability of a skilled work force and the total commitment of local and state representatives to make this project happen," said Norm Grant, Poli-Twine’s executive vice president. "We have been very pleased with all the assistance we have received. We are looking forward to Pilot Mountain becoming the focal point for all our U.S. manufacturing and distribution."
The One North Carolina Fund assists the state in recruiting and expanding quality jobs by providing financial assistance to businesses or industries deemed by the governor to be vital to a healthy and growing state economy. Through the use of this Fund, more than 17,000 jobs and $2 billion in investment have been created since 2001.
