Global nonwoven manufacturer Jacob Holm Industries is set to expand its operations in Candler, NC. The company plans to create 66 new jobs with a minimum qualifying investment of more than $45.9 million. The total capital investment is likely to exceed $60 million when the final project is complete says the company. This growth will take place over the next three years.
Jacob Holm Industries (JHI) was founded in 1794, and today has its global headquarters in Basel, Switzerland. Its U.S. subsidiary, Jacob Holm Industries (America) Inc., has its operations headquartered in Candler, NC. JHI is one of the world’s leading nonwoven corporations that offer high-quality products for personal care, home care, hygiene, packaging, and industrial markets. The company currently employs 82 workers in Candler, manufacturing premium spunlaced nonwoven products.
“Jacob Holm Industries is pleased to announce this new technology investment at our existing operation in Candler,” says Jacob Holm president, Steve Landon. “Since opening our doors in Western North Carolina back in 2005, the company has been impressed with the local community, the availability of a quality workforce and the willingness of state and local officials to support our goal of becoming the premiere nonwoven manufacturer in North America. This new production line is planned to start commercial production in Q1, 2015.“
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $100,000. The grant is contingent upon proof of job creation and receipt of a local funding match, which will be approved in a public hearing in Candler. 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.